Anheuser-Busch InBev (BUD) Tax Provisions (2015 - 2025)
Anheuser-Busch InBev's (BUD) quarterly Tax Provisions came in at -$720.0 in Q4 2025, up 15.09% YoY from -$625.57 in Q4 2024, and up 66.2% on a QoQ basis from -$2130.0 in Q3 2025.
Anheuser-Busch InBev (BUD) Tax Provisions (2015 - 2025) Analysis & Trends
Anheuser-Busch InBev (BUD) has 11 years of Tax Provisions data on file, last reported at -$720.0 in Q4 2025.
- Quarterly Tax Provisions rose 15.09% year-over-year to -$720.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$1.4 billion (up 9.18% YoY) and the FY2025 annual result came in at $2.8 billion, down 9.58% from the prior year.
- Tax Provisions improved to -$720.0 in Q4 2025, from -$2130.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $529.0 million in Q1 2021 to a low of -$2.4 billion in Q4 2021.
- A 5-year average of -$730.0 million and a median of -$596.0 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2021 — Tax Provisions jumped 266.35% — and 2023, when it plunged 44780.0%.
- Tracing BUD's Tax Provisions over 5 years: stood at -$2.4 billion in 2021, then surged by 100.21% to $5.0 million in 2022, then sank by 44780.0% to -$2.2 billion in 2023, then jumped by 100.0% to -$848.0 in 2024, then climbed by 15.09% to -$720.0 in 2025.
- The last three Tax Provisions figures came in at -$720.0 (Q4 2025), -$2130.0 (Q3 2025), and -$1.4 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | 22.40 Bn |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 88.10 Mn |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 61.50 Mn |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 20.75 Mn |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | -206.65 Mn |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -720.00 |
| Sep 30, 2025 | -2,130.00 |
| Jun 30, 2025 | -1.40 Bn |
| Mar 31, 2025 | -664.00 |
| Dec 31, 2024 | -848.00 |
| Sep 30, 2024 | -2,304.00 |
| Jun 30, 2024 | -1.55 Bn |
| Mar 31, 2024 | -794.00 |
| Dec 31, 2023 | -2.23 Bn |
| Sep 30, 2023 | -1.86 Bn |
| Jun 30, 2023 | -595.00 Mn |
| Mar 31, 2023 | -597.00 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | -688.00 Mn |
| Jun 30, 2022 | -1.24 Bn |
| Mar 31, 2022 | 524.00 Mn |
| Dec 31, 2021 | -2.35 Bn |
| Sep 30, 2021 | -1.91 Bn |
| Jun 30, 2021 | -1.23 Bn |
| Mar 31, 2021 | 529.00 Mn |