Growth Metrics

Anheuser-Busch InBev (BUD) Goodwill (2015 - 2025)

Anheuser-Busch InBev posted quarterly Goodwill of $117.9 billion for Q4 2025, up 6.72% year-on-year from $110.5 billion in Q4 2024, and up 2.72% on a QoQ basis from $114.8 billion in Q2 2025.

Anheuser-Busch InBev (BUD) has 11 years of Goodwill data on file, last reported at $117.9 billion in Q4 2025.

  • For the quarter ending Q4 2025, Goodwill rose 6.72% year-over-year to $117.9 billion; the trailing twelve-month figure through Dec 2025 stood at $117.9 billion (up 6.72% YoY), and the FY2025 full-year result was $117.9 billion, up 6.72% from the prior year.
  • Goodwill for Q4 2025 stood at $117.9 billion, 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.
  • The 5-year median for Goodwill is $114.1 billion (2024), against an average of $80.0 billion.
  • The widest annual swing landed in 2021, when Goodwill sank 102.15%; it then soared 4990.62% in 2024.
  • A 5-year view of Goodwill shows it stood at -$2.7 billion in 2021, then grew by 5.03% to -$2.5 billion in 2022, then grew by 10.75% to -$2.3 billion in 2023, then jumped by 4990.62% to $110.5 billion in 2024, then grew by 6.72% to $117.9 billion in 2025.
  • The last three Goodwill figures came in at $117.9 billion (Q4 2025), $114.8 billion (Q2 2025), and $110.5 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn
3 Mexican Economic Development 102.46 Bn 96.50 Bn -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn

Historic Data

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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 123.70 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
Mar 31, 2016 14.27 Bn
Dec 31, 2015 65.10 Bn