Anheuser-Busch InBev (BUD) Retained Earnings (2016 - 2026)
Anheuser-Busch InBev's (BUD) quarterly Retained Earnings came in at $51.7 billion in Q2 2026, up 8.49% YoY from $47.6 billion in Q2 2025, and up 3.11% on a QoQ basis from $50.1 billion in Q4 2025.
Anheuser-Busch InBev (BUD) Retained Earnings (2016 - 2026) Analysis & Trends
Anheuser-Busch InBev (BUD) has 11 years of Retained Earnings data on file, last reported at $51.7 billion in Q2 2026.
- Quarterly Retained Earnings rose 8.49% year-over-year to $51.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $51.7 billion (up 8.49% YoY) and the FY2025 annual result came in at $50.1 billion, up 7.62% from the prior year.
- Retained Earnings advanced to $51.7 billion in Q2 2026, from $50.1 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $51.7 billion in Q2 2026 to a low of $34.4 billion in Q2 2022.
- A 5-year average of $43.8 billion and a median of $43.5 billion in 2024 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings increased 14.58% — and 2025, when it climbed 7.62%.
- Tracing BUD's Retained Earnings over 5 years: stood at $38.8 billion in 2022, then grew by 8.74% to $42.2 billion in 2023, then gained by 10.33% to $46.6 billion in 2024, then climbed by 7.62% to $50.1 billion in 2025, then gained by 3.11% to $51.7 billion in 2026.
- The last three Retained Earnings figures came in at $51.7 billion (Q2 2026), $50.1 billion (Q4 2025), and $47.6 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,242.88 Bn | 1,869.86 Bn | 252.83 Bn | 1,038.71 Bn |
| 2 | Constellation Brands | 23.27 Bn | 23.17 Bn | 1.32 Bn | 14.05 Bn |
| 3 | Molson Coors Beverage | 8.01 Bn | 5.89 Bn | 1.06 Bn | 7.25 Bn |
| 4 | Boston Beer | 1.90 Bn | 1.64 Bn | 286.37 Mn | 5.22 Mn |
| 5 | Ambev | 628,100.00 | -3.50 Bn | 2.29 Bn | 20.82 Bn |
| 6 | Anheuser-Busch InBev | 158,385.78 | -7.66 Bn | - | 51.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.69 Bn |
| Dec 31, 2025 | 50.13 Bn |
| Jun 30, 2025 | 47.64 Bn |
| Dec 31, 2024 | 46.58 Bn |
| Jun 30, 2024 | 43.54 Bn |
| Dec 31, 2023 | 42.22 Bn |
| Jun 30, 2023 | 39.27 Bn |
| Dec 31, 2022 | 38.82 Bn |
| Jun 30, 2022 | 34.44 Bn |
| Dec 31, 2021 | 33.88 Bn |
| Jun 30, 2021 | 31.59 Bn |
| Dec 31, 2020 | 30.87 Bn |
| Jun 30, 2020 | 27.61 Bn |
| Dec 31, 2019 | 31.48 Bn |
| Jun 30, 2019 | 29.83 Bn |
| Dec 31, 2018 | 26.07 Bn |
| Jun 30, 2018 | -123.00 Mn |
| Dec 31, 2017 | 28.39 Bn |
| Jun 30, 2017 | 26.88 Bn |
| Dec 31, 2016 | 28.21 Bn |