Growth Metrics

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 🔒
DateValue
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