Anheuser-Busch InBev (BUD) EBT (2015 - 2025)
Anheuser-Busch InBev's (BUD) quarterly EBT came in at $3.6 billion in Q4 2025, up 454.73% YoY from $656.0 million in Q4 2024, and down 14.58% on a QoQ basis from $4.3 billion in Q3 2025.
Anheuser-Busch InBev (BUD) EBT (2015 - 2025) Analysis & Trends
Anheuser-Busch InBev (BUD) has 11 years of EBT data on file, last reported at $3.6 billion in Q4 2025.
- Quarterly EBT rose 454.73% year-over-year to $3.6 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $15.4 billion (up 27.84% YoY) and the FY2025 annual result came in at $11.3 billion, up 7.19% from the prior year.
- EBT slipped to $3.6 billion in Q4 2025, from $4.3 billion in the prior quarter.
- In the past five years, EBT ranged from a high of $4.3 billion in Q3 2025 to a low of -$348.0 million in Q4 2021.
- A 5-year average of $3.1 billion and a median of $3.6 billion in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2021 — EBT tumbled 104.55% — and 2023, when it jumped 8425.64%.
- Tracing BUD's EBT over 5 years: stood at -$348.0 million in 2021, then jumped by 111.21% to $39.0 million in 2022, then jumped by 8425.64% to $3.3 billion in 2023, then plunged by 80.27% to $656.0 million in 2024, then soared by 454.73% to $3.6 billion in 2025.
- The last three EBT figures came in at $3.6 billion (Q4 2025), $4.3 billion (Q3 2025), and $4.0 billion (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -42.88 Mn |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 760.00 Mn |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 283.10 Mn |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 72.32 Mn |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | 974.35 Mn |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 4.26 Bn |
| Jun 30, 2025 | 3.97 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 656.00 Mn |
| Sep 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 3.82 Bn |
| Mar 31, 2024 | 3.61 Bn |
| Dec 31, 2023 | 3.33 Bn |
| Sep 30, 2023 | 3.68 Bn |
| Jun 30, 2023 | 3.51 Bn |
| Mar 31, 2023 | 3.46 Bn |
| Dec 31, 2022 | 39.00 Mn |
| Sep 30, 2022 | 3.89 Bn |
| Jun 30, 2022 | 3.80 Bn |
| Mar 31, 2022 | 3.20 Bn |
| Dec 31, 2021 | -348.00 Mn |
| Sep 30, 2021 | 3.95 Bn |
| Jun 30, 2021 | 3.51 Bn |
| Mar 31, 2021 | 3.05 Bn |