Anheuser-Busch InBev (BUD) Receivables Refunds (2015 - 2025)
Anheuser-Busch InBev posted quarterly Receivables Refunds of $785.0 million for Q4 2025, up 7.98% year-on-year from $727.0 million in Q4 2024, and down 9.98% on a QoQ basis from $872.0 million in Q2 2025.
Anheuser-Busch InBev (BUD) has 11 years of Receivables Refunds data on file, last reported at $785.0 million in Q4 2025.
- For the quarter ending Q4 2025, Receivables Refunds rose 7.98% year-over-year to $785.0 million; the trailing twelve-month figure through Dec 2025 stood at $785.0 million (up 7.98% YoY), and the FY2025 full-year result was $785.0 million, up 7.98% from the prior year.
- Receivables Refunds for Q4 2025 stood at $785.0 million, down from $872.0 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $912.0 million in Q2 2023 and bottomed at $381.0 million in Q4 2021.
- The 5-year median for Receivables Refunds is $799.0 million (2022), against an average of $761.9 million.
- The widest annual swing landed in 2021, when Receivables Refunds tumbled 41.83%; it then soared 113.39% in 2022.
- A 5-year view of Receivables Refunds shows it stood at $381.0 million in 2021, then surged by 113.39% to $813.0 million in 2022, then climbed by 1.11% to $822.0 million in 2023, then fell by 11.56% to $727.0 million in 2024, then climbed by 7.98% to $785.0 million in 2025.
- The last three Receivables Refunds figures came in at $785.0 million (Q4 2025), $872.0 million (Q2 2025), and $727.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 22.70 Bn |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 785.00 Mn |
| 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 | 672.08 Mn |
| 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 | 16.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 785.00 Mn |
| Jun 30, 2025 | 872.00 Mn |
| Dec 31, 2024 | 727.00 Mn |
| Jun 30, 2024 | 749.00 Mn |
| Dec 31, 2023 | 822.00 Mn |
| Jun 30, 2023 | 912.00 Mn |
| Dec 31, 2022 | 813.00 Mn |
| Jun 30, 2022 | 740.00 Mn |
| Dec 31, 2021 | 381.00 Mn |
| Jun 30, 2021 | 818.00 Mn |
| Dec 31, 2020 | 655.00 Mn |
| Jun 30, 2020 | 805.00 Mn |
| Dec 31, 2019 | 627.00 Mn |
| Jun 30, 2019 | 994.00 Mn |
| Dec 31, 2018 | 457.00 Mn |
| Jun 30, 2018 | 524.00 Mn |
| Dec 31, 2017 | 908.00 Mn |
| Jun 30, 2017 | 1.82 Bn |
| Dec 31, 2016 | 1.11 Bn |
| Sep 30, 2016 | -798.00 Mn |
| Jun 30, 2016 | 994.00 Mn |
| Mar 31, 2016 | 59.00 Mn |
| Dec 31, 2015 | 687.00 Mn |