Anheuser-Busch InBev (BUD) Invested Capital (2016 - 2025)

Anheuser-Busch InBev (BUD) posted Invested Capital of $73.0 billion for Q4 2025, up 1.17% on a QoQ basis from $72.2 billion in Q4 2024, and up 1.17% year-over-year from $72.2 billion in Q4 2024.

Anheuser-Busch InBev (BUD) Invested Capital (2016 - 2025) Analysis & Trends

Anheuser-Busch InBev's Invested Capital history runs 10 years deep, the most recent figure standing at $73.0 billion for Q4 2025.

  • Quarterly Invested Capital rose 1.17% year-over-year to $73.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $73.0 billion (up 1.17% YoY) and the FY2025 annual result came in at $73.0 billion, up 1.17% from the prior year.
  • Invested Capital was $73.0 billion for Q4 2025 at Anheuser-Busch InBev, up from $72.2 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $116.8 billion in Q4 2021 and bottomed at $72.2 billion in Q4 2024.
  • A 5-year average of $93.0 billion and a median of $93.9 billion in 2022 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2024 — Invested Capital tumbled 31.7% — and 2025, when it gained 1.17%.
  • Anheuser-Busch InBev's Invested Capital stood at $116.8 billion in 2021, then retreated by 7.33% to $108.2 billion in 2022, then dropped by 2.37% to $105.7 billion in 2023, then tumbled by 31.7% to $72.2 billion in 2024, then rose by 1.17% to $73.0 billion in 2025.
  • Business Quant data shows BUD's Invested Capital at $73.0 billion in Q4 2025, $72.2 billion in Q4 2024, and $105.7 billion in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 United Breweries 4,315.79 Bn 3,674.57 Bn 387.52 Bn 3.78 Bn
2 Mexican Economic Development 1,198.50 Bn 1,192.35 Bn - -
3 Anheuser-Busch InBev 166.38 Bn 154.16 Bn 8.61 Bn 101.01 Bn
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn 628.22 Mn
5 Constellation Brands 23.08 Bn 22.99 Bn 1.32 Bn 1.10 Bn
6 Molson Coors Beverage 8.14 Bn 7.76 Bn 897.20 Mn 2.42 Bn
7 Boston Beer 1.96 Bn 1.70 Bn 286.37 Mn -
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 73.01 Bn
Dec 31, 2024 72.17 Bn
Dec 31, 2023 105.66 Bn
Dec 31, 2022 108.23 Bn
Jun 30, 2022 82.12 Bn
Dec 31, 2021 116.79 Bn
Dec 31, 2020 126.18 Bn
Dec 31, 2019 128.38 Bn
Dec 31, 2018 138.69 Bn
Dec 31, 2017 116.38 Bn
Dec 31, 2016 122.56 Bn