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
DateValue
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