Anheuser-Busch InBev (BUD) EBT Margin (2015 - 2025)
Anheuser-Busch InBev posted quarterly EBT Margin of 23.39% for Q4 2025, down 419.0% year-on-year from 7.33% in Q4 2024, and down 16.91% on a QoQ basis from 28.15% in Q3 2025.
Anheuser-Busch InBev (BUD) has 11 years of EBT Margin data on file, last reported at 23.39% in Q4 2025.
- For the quarter ending Q4 2025, EBT Margin fell 419.0% year-over-year to 23.39%; the trailing twelve-month figure through Dec 2025 stood at 25.97% (up 6.0% YoY), and the FY2025 full-year result was 19.1%, up 141.0% from the prior year.
- EBT Margin for Q4 2025 stood at 23.39%, down from 28.15% in the prior quarter.
- Across five years, EBT Margin topped out at 28.15% in Q3 2025 and bottomed at 22.97% in Q4 2023.
- The 5-year median for EBT Margin is 24.86% (2024), against an average of 25.19%.
- Peak annual rise in EBT Margin reached 3031 bps in 2021, while the deepest fall reached 518 bps in 2021.
- A 5-year view of EBT Margin shows it stood at 23.43% in 2021, then rose by 6 bps to 24.73% in 2022, then declined by 7 bps to 22.97% in 2023, then gained by 20 bps to 27.58% in 2024, then fell by 15 bps to 23.39% in 2025.
- The last three EBT Margin figures came in at 23.39% (Q4 2025), 28.15% (Q3 2025), and 26.45% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 9.43% |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 23.39% |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 18.29% |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | 23.91% |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 7.16% |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | -43.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.39% |
| Sep 30, 2025 | 28.15% |
| Jun 30, 2025 | 26.45% |
| Mar 31, 2025 | 25.96% |
| Dec 31, 2024 | 27.58% |
| Sep 30, 2024 | 26.36% |
| Jun 30, 2024 | 24.88% |
| Mar 31, 2024 | 24.84% |
| Dec 31, 2023 | 22.97% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 23.20% |
| Mar 31, 2023 | 24.32% |
| Dec 31, 2022 | 24.73% |
| Sep 30, 2022 | 25.78% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 24.16% |
| Dec 31, 2021 | 23.43% |
| Sep 30, 2021 | 27.65% |
| Jun 30, 2021 | 25.90% |
| Mar 31, 2021 | 24.77% |
| Dec 31, 2020 | 28.60% |
| Sep 30, 2020 | 28.57% |
| Jun 30, 2020 | -4.41% |
| Mar 31, 2020 | 25.08% |
| Dec 31, 2019 | 29.72% |
| Sep 30, 2019 | 30.81% |
| Jun 30, 2019 | 32.75% |
| Mar 31, 2019 | 29.64% |
| Dec 31, 2018 | 31.82% |
| Sep 30, 2018 | 30.72% |
| Jun 30, 2018 | 31.64% |
| Mar 31, 2018 | 29.49% |
| Dec 31, 2017 | -29.67% |
| Sep 30, 2017 | 10.77% |
| Jun 30, 2017 | 21.21% |
| Mar 31, 2017 | 37.87% |
| Sep 30, 2016 | 6.48% |
| Jun 30, 2016 | 12.37% |
| Mar 31, 2016 | 18.59% |
| Dec 31, 2015 | 94.87% |
| Sep 30, 2015 | 65.85% |