Anheuser-Busch InBev (BUDFF) Change in Taxes (2015 - 2025)

Anheuser-Busch InBev (BUDFF) reported Change in Taxes of -$720.0 for Q4 2025, up 15.09% on a YoY basis from -$625.57 in Q4 2024, and up 66.2% quarter-over-quarter from -$2130.0 in Q3 2025.

Anheuser-Busch InBev (BUDFF) Change in Taxes (2015 - 2025) Analysis & Trends

Anheuser-Busch InBev has reported Change in Taxes for 11 years, with the latest figure at -$720.0 in Q4 2025.

  • For the quarter ending Q4 2025, Change in Taxes rose 15.09% year-over-year to -$720.0; the trailing twelve-month figure through Dec 2025 stood at -$1.4 billion (down 190.82% YoY), and the FY2025 full-year result was $2.8 billion, down 9.58% from the prior year.
  • Change in Taxes for Q4 2025 stood at -$720.0, up from -$2130.0 in the prior quarter.
  • The five-year high for Change in Taxes was $1.8 billion in Q2 2023, with the low at -$2.4 billion in Q4 2021.
  • Historically, Change in Taxes has averaged -$508.6 million across 5 years, with a median of -$262.0 million in 2022.
  • Annual changes were most pronounced in 2021 — Change in Taxes jumped 266.35% — and 2023, when it plunged 44780.0%.
  • Anheuser-Busch InBev's Change in Taxes 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 Change in Taxes figures came in at -$720.0 (Q4 2025), -$2130.0 (Q3 2025), and -$1.4 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn -
2 Anheuser-Busch InBev 140.72 Bn 128.50 Bn 8.61 Bn -720.00
3 Ambev 33.67 Bn 29.90 Bn 2.42 Bn 260.09 Mn
4 Constellation Brands 24.55 Bn 24.45 Bn 951.70 Mn -
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.65 Bn 7.39 Bn 897.20 Mn -
7 Boston Beer 1.83 Bn 1.66 Bn 213.96 Mn -7.89 Mn
8 NFiniTi - - - -
9 Molson Coors Beverage - - 897.20 Mn -
10 Anheuser-Busch InBev - - 8.61 Bn -720.00

Historic Data

Download Data
DateValue
Dec 31, 2025 -720.00
Dec 31, 2025 -720.00
Sep 30, 2025 -2,130.00
Sep 30, 2025 -2,130.00
Jun 30, 2025 -1.40 Bn
Jun 30, 2025 -1.40 Bn
Mar 31, 2025 -664.00
Mar 31, 2025 -664.00
Dec 31, 2024 -848.00
Dec 31, 2024 -848.00
Sep 30, 2024 -2,304.00
Sep 30, 2024 -2,304.00
Jun 30, 2024 1.55 Bn
Jun 30, 2024 1.55 Bn
Mar 31, 2024 -794.00
Mar 31, 2024 -794.00
Dec 31, 2023 -2.23 Bn
Dec 31, 2023 -2.23 Bn
Sep 30, 2023 -1.86 Bn
Sep 30, 2023 -1.86 Bn