Anheuser-Busch InBev SA/NV (BUD) Operating Margin (2015 - 2026)
Anheuser-Busch InBev (BUD) reported Operating Margin of 27.38% for Q2 2026, up 0.94 percentage points from 26.45% a year earlier and up 0.34 percentage points from the prior quarter.
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Anheuser-Busch InBev SA/NV (BUD) Operating Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Anheuser-Busch InBev's Operating Margin came in at 51.96%, up 25.36 percentage points year-over-year; for FY2025, it came in at 25.97%, up 0.06 percentage points from FY2024.
- Operating Margin has a five-year change of +5.45 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 25.91% in FY2024 (+2.39 pp), 23.52% in FY2023 (-1.60 pp), 25.12% in FY2022 (-0.33 pp) and 25.46% in FY2021 (+4.94 pp).
- Five-year quarterly Operating Margin spans a low of 8.19% in Q3 2023 and a high of 28150399.79% in Q3 2025.
- Year over year, Operating Margin has now increased in each of the last six quarters, with an average year-over-year change of +7363541.37 percentage points over the last seven quarters.
- The high point for year-over-year Operating Margin in five years was Q3 2024 (a gain of 26359157.04 percentage points); the low point was Q2 2023 (a drop of 2.50 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.05% (Q1 2026), 23394406.94% (Q4 2025) and 28150399.79% (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.38% |
| Mar 31, 2026 | 27.05% |
| Dec 31, 2025 | 23,394,406.94% |
| Sep 30, 2025 | 28,150,399.79% |
| Jun 30, 2025 | 26.45% |
| Mar 31, 2025 | 25.96% |
| Dec 31, 2024 | 13.69% |
| Sep 30, 2024 | 26,359,165.23% |
| Jun 30, 2024 | 24.88% |
| Mar 31, 2024 | 24.84% |
| Sep 30, 2023 | 8.19% |
| Jun 30, 2023 | 23.20% |
| Mar 31, 2023 | 24.32% |
| Sep 30, 2022 | 9.02% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 24.16% |
| Sep 30, 2021 | 9.84% |
| Jun 30, 2021 | 25.90% |
| Mar 31, 2021 | 24.77% |
| Sep 30, 2020 | 10.73% |
API Access
Anheuser-Busch InBev SA/NV Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BUD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BUD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BUD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();