Anheuser-Busch InBev (BUD) EBT Margin (2015 - 2025)

Anheuser-Busch InBev (BUD) posted EBT Margin of 23.39% for Q4 2025, down 16.91% on a QoQ basis from 28.15% in Q3 2025, and up 1897.0% year-over-year from 1.17% in Q4 2024.

Anheuser-Busch InBev (BUD) EBT Margin (2015 - 2025) Analysis & Trends

Anheuser-Busch InBev's EBT Margin history runs 11 years deep, the most recent figure standing at 23.39% for Q4 2025.

  • Quarterly EBT Margin rose 1897.0% year-over-year to 23.39% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 25.97% (up 581.0% YoY) and the FY2025 annual result came in at 19.1%, up 141.0% from the prior year.
  • EBT Margin was 23.39% for Q4 2025 at Anheuser-Busch InBev, down from 28.15% in the prior quarter.
  • Across five years, EBT Margin topped out at 28.15% in Q3 2025 and bottomed at 0.27% in Q4 2022.
  • A 5-year average of 20.9% and a median of 24.55% in 2021 frame the typical range for EBT Margin.
  • Peak annual rise in EBT Margin reached 5749 bps in 2021, while the deepest fall reached 5698 bps in 2021.
  • Anheuser-Busch InBev's EBT Margin stood at 2.99% in 2021, then tumbled by 91 bps to 0.27% in 2022, then jumped by 8541 bps to 22.97% in 2023, then plunged by 81 bps to 4.42% in 2024, then soared by 429 bps to 23.39% in 2025.
  • Business Quant data shows BUD's EBT Margin at 23.39% in Q4 2025, 28.15% in Q3 2025, and 26.45% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 United Breweries 4,330.57 Bn 3,689.35 Bn 387.52 Bn 9.43%
2 Mexican Economic Development 1,197.42 Bn 1,191.27 Bn - -
3 Anheuser-Busch InBev 166.02 Bn 153.80 Bn 8.61 Bn 23.39%
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn 23.91%
5 Constellation Brands 23.03 Bn 22.93 Bn 1.32 Bn 29.34%
6 Molson Coors Beverage 8.13 Bn 7.74 Bn 897.20 Mn 53.08%
7 Boston Beer 1.95 Bn 1.69 Bn 286.37 Mn 11.90%
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 23.39%
Sep 30, 2025 28.15%
Jun 30, 2025 26.45%
Mar 31, 2025 25.96%
Dec 31, 2024 4.42%
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 0.27%
Sep 30, 2022 25.78%
Jun 30, 2022 25.70%
Mar 31, 2022 24.16%
Dec 31, 2021 2.99%
Sep 30, 2021 9.84%
Jun 30, 2021 25.90%
Mar 31, 2021 24.77%