Anheuser-Busch InBev (BUD) Goodwill (2015 - 2025)
Anheuser-Busch InBev (BUD) posted Goodwill of $117.9 billion for Q4 2025, up 2.72% on a QoQ basis from $114.8 billion in Q2 2025, and up 6.72% year-over-year from $110.5 billion in Q4 2024.
Anheuser-Busch InBev (BUD) Goodwill (2015 - 2025) Analysis & Trends
Anheuser-Busch InBev's Goodwill history runs 11 years deep, the most recent figure standing at $117.9 billion for Q4 2025.
- Quarterly Goodwill rose 6.72% year-over-year to $117.9 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $117.9 billion (up 6.72% YoY) and the FY2025 annual result came in at $117.9 billion, up 6.72% from the prior year.
- Goodwill was $117.9 billion for Q4 2025 at Anheuser-Busch InBev, up from $114.8 billion in the prior quarter.
- Across five years, Goodwill topped out at $119.2 billion in Q2 2021 and bottomed at -$2.7 billion in Q4 2021.
- A 5-year average of $80.0 billion and a median of $114.1 billion in 2024 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2022 — Goodwill dropped 3.17% — and 2024, when it soared 4990.62%.
- Anheuser-Busch InBev's Goodwill stood at -$2.7 billion in 2021, then increased by 5.03% to -$2.5 billion in 2022, then increased by 10.75% to -$2.3 billion in 2023, then surged by 4990.62% to $110.5 billion in 2024, then increased by 6.72% to $117.9 billion in 2025.
- Business Quant data shows BUD's Goodwill at $117.9 billion in Q4 2025, $114.8 billion in Q2 2025, and $110.5 billion in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Breweries | 4,315.79 Bn | 3,674.57 Bn | 387.52 Bn |
| 2 | Mexican Economic Development | 1,198.28 Bn | 1,192.13 Bn | - |
| 3 | Anheuser-Busch InBev | 166.56 Bn | 154.34 Bn | 8.61 Bn |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn |
| 5 | Constellation Brands | 23.08 Bn | 22.99 Bn | 1.32 Bn |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.75 Bn | 897.20 Mn |
| 7 | Boston Beer | 1.96 Bn | 1.69 Bn | 286.37 Mn |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 117.91 Bn |
| Jun 30, 2025 | 114.78 Bn |
| Dec 31, 2024 | 110.48 Bn |
| Jun 30, 2024 | 113.45 Bn |
| Dec 31, 2023 | -2.26 Bn |
| Jun 30, 2023 | 116.17 Bn |
| Dec 31, 2022 | -2.53 Bn |
| Jun 30, 2022 | 115.39 Bn |
| Dec 31, 2021 | -2.67 Bn |
| Jun 30, 2021 | 119.17 Bn |
| Dec 31, 2020 | -2.73 Bn |
| Jun 30, 2020 | 115.08 Bn |
| Dec 31, 2019 | 128.12 Bn |
| Jun 30, 2019 | 134.75 Bn |
| Dec 31, 2018 | 133.32 Bn |
| Jun 30, 2018 | 136.75 Bn |
| Dec 31, 2017 | 140.94 Bn |
| Dec 31, 2016 | 136.53 Bn |
| Sep 30, 2016 | 15.06 Bn |
| Jun 30, 2016 | 65.21 Bn |