Anheuser-Busch InBev SA/NV (BUD) Tax Rate (2016 - 2026)
Anheuser-Busch InBev's Tax Rate was -20.12% in Q2 2026, down 1.47 percentage points from -18.65% a year earlier and down 1.09 percentage points from the prior quarter.
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Anheuser-Busch InBev SA/NV (BUD) Tax Rate (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Anheuser-Busch InBev's Tax Rate was -10.27% through Jun 30, 2026, down 1.25 percentage points year-over-year; for FY2025, it was -25.16%, up 4.67 percentage points from FY2024.
- Tax Rate shows a five-year change of +67.77 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -29.83% in FY2024 (-5.34 pp), -24.48% in FY2023 (-4.24 pp), -20.24% in FY2022 (+7.52 pp) and -27.77% in FY2021 (+65.16 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q1 2024.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +15.03 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 67.18 percentage points); the worst was Q3 2022 (a drop of 94.76 percentage points).
- Per Business Quant data, BUD's Tax Rate in the three quarters before Q2 2026 was -19.04% (Q1 2026), 0.00% (Q4 2025) and 0.00% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.58% |
| Jun 30, 2025 | 52.12% |
| Jun 30, 2024 | 61.34% |
| Jun 30, 2023 | 51.00% |
| Mar 31, 2021 | 38.06% |
| Mar 31, 2019 | 15.32% |
| Dec 31, 2018 | 150,666.67% |
| Dec 31, 2017 | 51.63% |
| Mar 31, 2016 | 7.41% |
API Access
Anheuser-Busch InBev SA/NV Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BUD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BUD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BUD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();