Anheuser-Busch InBev (BUD) Tax Rate (2015 - 2025)

Anheuser-Busch InBev (BUD) posted Tax Rate of 0.0% for Q4 2025, up 60.43% on a QoQ basis from 0.0% in Q3 2025, and little changed year-over-year from 0.0% in Q4 2024.

Anheuser-Busch InBev (BUD) Tax Rate (2015 - 2025) Analysis & Trends

Anheuser-Busch InBev's Tax Rate history runs 11 years deep, the most recent figure standing at 0.0% for Q4 2025.

  • Quarterly Tax Rate changed 0.0% year-over-year to 0.0% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 9.11% (up 372.0% YoY) and the FY2025 annual result came in at 25.16%, down 467.0% from the prior year.
  • Tax Rate was 0.0% for Q4 2025 at Anheuser-Busch InBev, up from 0.0% in the prior quarter.
  • Across five years, Tax Rate topped out at 675.29% in Q4 2021 and bottomed at 67.19% in Q4 2023.
  • A 5-year average of 16.37% and a median of 16.67% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2021 — Tax Rate jumped 2000000000 bps — and 2022, when it sank 66247 bps.
  • Anheuser-Busch InBev's Tax Rate stood at 675.29% in 2021, then slumped by 98 bps to 12.82% in 2022, then tumbled by 624 bps to 67.19% in 2023, then jumped by 100 bps to 0.0% in 2024, then surged by 85 bps to 0.0% in 2025.
  • Business Quant data shows BUD's Tax Rate at 0.0% in Q4 2025, 0.0% in Q3 2025, and 35.38% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 United Breweries 4,291.78 Bn 3,650.55 Bn 387.52 Bn -23.58%
2 Mexican Economic Development 1,157.07 Bn 1,150.92 Bn - -
3 Anheuser-Busch InBev 165.31 Bn 153.09 Bn 8.61 Bn 0.00%
4 Ambev 49.04 Bn 45.27 Bn 2.42 Bn -23.64%
5 Constellation Brands 22.78 Bn 22.68 Bn 1.32 Bn 11.59%
6 Molson Coors Beverage 8.00 Bn 7.61 Bn 897.20 Mn 22.91%
7 Boston Beer 1.93 Bn 1.66 Bn 286.37 Mn 28.69%
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00%
Dec 31, 2025 0.00%
Dec 31, 2025 0.00%
Sep 30, 2025 0.00%
Sep 30, 2025 0.00%
Sep 30, 2025 0.00%
Jun 30, 2025 -35.38%
Jun 30, 2025 -35.38%
Jun 30, 2025 -35.38%
Mar 31, 2025 0.00%
Mar 31, 2025 0.00%
Mar 31, 2025 0.00%
Dec 31, 2024 0.00%
Dec 31, 2024 0.00%
Dec 31, 2024 0.00%
Sep 30, 2024 0.00%
Sep 30, 2024 0.00%
Sep 30, 2024 0.00%
Jun 30, 2024 -40.52%
Jun 30, 2024 -40.52%