Anheuser-Busch InBev (BUD) Tax Rate (2015 - 2025)
Anheuser-Busch InBev posted quarterly Tax Rate of 0.0% for Q4 2025, little changed year-on-year from 0.0% in Q4 2024, and up 60.43% on a QoQ basis from 0.0% in Q3 2025.
Anheuser-Busch InBev (BUD) has 11 years of Tax Rate data on file, last reported at 0.0% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Dec 2025 stood at 9.11% (down 87.0% YoY), and the FY2025 full-year result was 25.16%, down 467.0% from the prior year.
- Tax Rate for Q4 2025 stood at 0.0%, up from 0.0% in the prior quarter.
- Across five years, Tax Rate topped out at 40.52% in Q2 2024 and bottomed at 70.66% in Q4 2021.
- The 5-year median for Tax Rate is 8.19% (2022), against an average of 13.97%.
- The widest annual swing landed in 2021, when Tax Rate slumped 14348 bps; it then surged 7079 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 70.66% in 2021, then jumped by 100 bps to 0.14% in 2022, then tumbled by 48838 bps to 67.19% in 2023, then jumped by 100 bps to 0.0% in 2024, then grew by 5 bps to 0.0% in 2025.
- The last three Tax Rate figures came in at 0.0% (Q4 2025), 0.0% (Q3 2025), and 35.38% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | -23.58 |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 0.00 |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 36.02 |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | -23.64 |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 22.91 |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | 23.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.00 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.00 |
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 35.38 |
| Jun 30, 2025 | 35.38 |
| Mar 31, 2025 | 0.00 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.00 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 40.52 |
| Jun 30, 2024 | 40.52 |
| Mar 31, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | -67.19 |
| Dec 31, 2023 | -67.19 |
| Sep 30, 2023 | -50.54 |
| Sep 30, 2023 | -50.54 |
| Jun 30, 2023 | -16.96 |
| Jun 30, 2023 | -16.96 |
| Mar 31, 2023 | -17.27 |
| Mar 31, 2023 | -17.27 |
| Dec 31, 2022 | 0.14 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | -17.69 |
| Sep 30, 2022 | -17.69 |
| Jun 30, 2022 | -32.72 |
| Jun 30, 2022 | -32.72 |
| Mar 31, 2022 | -16.39 |
| Mar 31, 2022 | -16.39 |
| Dec 31, 2021 | -70.66 |
| Dec 31, 2021 | -70.66 |
| Sep 30, 2021 | -48.39 |
| Sep 30, 2021 | -48.39 |
| Jun 30, 2021 | -35.11 |
| Jun 30, 2021 | -35.11 |
| Mar 31, 2021 | 17.37 |
| Mar 31, 2021 | 17.37 |
| Dec 31, 2020 | -52.90 |
| Dec 31, 2020 | -52.90 |
| Sep 30, 2020 | -30.09 |
| Sep 30, 2020 | -30.09 |
| Jun 30, 2020 | 108.37 |
| Jun 30, 2020 | 108.37 |
| Mar 31, 2020 | 11.52 |
| Mar 31, 2020 | 11.52 |
| Dec 31, 2019 | 252.08 |
| Dec 31, 2019 | 252.08 |
| Sep 30, 2019 | -57.47 |
| Sep 30, 2019 | -57.47 |
| Jun 30, 2019 | -35.14 |
| Jun 30, 2019 | -35.14 |
| Mar 31, 2019 | 18.52 |
| Mar 31, 2019 | 18.52 |
| Dec 31, 2018 | 117.50 |
| Dec 31, 2018 | 117.50 |
| Sep 30, 2018 | -51.02 |
| Sep 30, 2018 | -51.02 |
| Jun 30, 2018 | -32.08 |
| Jun 30, 2018 | -32.08 |
| Mar 31, 2018 | -17.24 |
| Mar 31, 2018 | -17.24 |
| Dec 31, 2017 | -20.05 |
| Dec 31, 2017 | -20.05 |
| Sep 30, 2017 | -33.15 |
| Sep 30, 2017 | -33.15 |
| Jun 30, 2017 | 118.75 |
| Jun 30, 2017 | 118.75 |
| Mar 31, 2017 | 8.54 |
| Mar 31, 2017 | 8.54 |
| Sep 30, 2016 | -41.14 |
| Sep 30, 2016 | -41.14 |
| Jun 30, 2016 | -50.18 |
| Jun 30, 2016 | -50.18 |
| Mar 31, 2016 | 19.35 |
| Mar 31, 2016 | 19.35 |
| Sep 30, 2015 | -8.87 |
| Sep 30, 2015 | -8.87 |