Anheuser-Busch InBev (BUDFF) EBITDA (2015 - 2025)

Anheuser-Busch InBev (BUDFF) reported EBITDA of $3.6 billion for Q4 2025, down 11.09% on a YoY basis from $4.1 billion in Q4 2024, and down 14.58% quarter-over-quarter from $4.3 billion in Q3 2025.

Anheuser-Busch InBev (BUDFF) EBITDA (2015 - 2025) Analysis & Trends

Anheuser-Busch InBev has reported EBITDA for 11 years, with the latest figure at $3.6 billion in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA fell 11.09% year-over-year to $3.6 billion; the trailing twelve-month figure through Dec 2025 stood at $15.4 billion (down 0.53% YoY), and the FY2025 full-year result was $15.4 billion, down 0.53% from the prior year.
  • EBITDA for Q4 2025 stood at $3.6 billion, down from $4.3 billion in the prior quarter.
  • The five-year high for EBITDA was $4.3 billion in Q3 2025, with the low at $3.0 billion in Q1 2021.
  • Historically, EBITDA has averaged $3.7 billion across 5 years, with a median of $3.6 billion in 2022.
  • Annual changes were most pronounced in 2021 — EBITDA soared 872.25% — and 2025, when it declined 11.09%.
  • Anheuser-Busch InBev's EBITDA stood at $3.3 billion in 2021, then gained by 9.05% to $3.6 billion in 2022, then retreated by 8.33% to $3.3 billion in 2023, then increased by 23.1% to $4.1 billion in 2024, then slipped by 11.09% to $3.6 billion in 2025.
  • The last three EBITDA figures came in at $3.6 billion (Q4 2025), $4.3 billion (Q3 2025), and $4.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn 445.77 Bn
2 Anheuser-Busch InBev 140.72 Bn 128.50 Bn 8.61 Bn 3.64 Bn
3 Ambev 33.67 Bn 29.90 Bn 2.42 Bn 1.28 Bn
4 Constellation Brands 24.55 Bn 24.45 Bn 951.70 Mn 441.60 Mn
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.65 Bn 7.39 Bn 897.20 Mn 258.30 Mn
7 Boston Beer 1.83 Bn 1.66 Bn 213.96 Mn -145.37 Mn
8 NFiniTi - - - -73,137.00
9 Molson Coors Beverage - - 897.20 Mn 258.30 Mn
10 Anheuser-Busch InBev - - 8.61 Bn 3.64 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.64 Bn
Sep 30, 2025 4.26 Bn
Jun 30, 2025 3.97 Bn
Mar 31, 2025 3.54 Bn
Dec 31, 2024 4.09 Bn
Sep 30, 2024 3.97 Bn
Jun 30, 2024 3.82 Bn
Mar 31, 2024 3.61 Bn
Dec 31, 2023 3.33 Bn
Sep 30, 2023 3.68 Bn
Jun 30, 2023 3.51 Bn
Mar 31, 2023 3.46 Bn
Dec 31, 2022 3.63 Bn
Sep 30, 2022 3.89 Bn
Jun 30, 2022 3.80 Bn
Mar 31, 2022 3.20 Bn
Dec 31, 2021 3.33 Bn
Sep 30, 2021 3.95 Bn
Jun 30, 2021 3.51 Bn
Mar 31, 2021 3.05 Bn