# Anheuser-Busch Inbev SA Sponsored ADR (Belgium) (BUD) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Defensive / Beverages. Price $80.35, market value $158.2 billion.

## Valuation
- **P/E (trailing): 17.3×** (5-yr avg 20.7×, 3-yr avg 19.8×). Anheuser-Busch Inbev SA Sponsored ADR (Belgium) trades at 17.3× trailing earnings, close to its own five-year average of 20.7×. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 16.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.87**. A PEG of 0.87 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 10.1×**. The shares trade at 10.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 12.6×**. Enterprise value is 12.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.1%**. Free cash flow equals 7.1% of the market value. Above 5% is generally attractive.
- **Earnings yield: 5.8%**. The inverse of the P/E: 5.8% of the price is earned each year.

## Profitability
- **Gross margin: 56.5%**. Anheuser-Busch Inbev SA Sponsored ADR (Belgium) keeps 56.5% of revenue after the direct cost of what it sells.
- **Operating margin: 27.0%**. 27.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 14.3%**. 14.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.7%**. 8.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 8.3%**. Return on all capital, debt included, is 8.3%.
- **Return on assets: 4.3%**. Each dollar of assets produces 4.3% of profit.

## Growth
- **Revenue growth (1 yr): -0.7%** (3-yr 0.9%/yr, 5-yr 4.8%/yr). Revenue fell 0.7% over the last year, against 4.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 18.5%** (3-yr 5.2%/yr, 5-yr 37.5%/yr). Earnings per share rose 18.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 11.3%/yr**. Free cash flow has compounded at 11.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.75**. Debt is 0.75 times equity, moderate leverage.
- **Net debt / EBITDA: 3.5×**. It would take 3.5 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 5.0×**. Operating profit covers interest 5.0× over, a safe margin.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.67%** ($1.17 per share, trailing). Anheuser-Busch Inbev SA Sponsored ADR (Belgium) yields 1.67%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 54%** (40% of free cash flow). 54% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 17.5%/yr** (1-yr 41.2%). The dividend has compounded at 17.5% a year over five years, doubling roughly every 4 years at that pace.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Anheuser-Busch Inbev SA Sponsored ADR (Belgium); the consensus is buy, with an average price target of $97.03 (+21% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 37.8%** (YTD 27.3%, 3-mo 2.4%). The shares are up 37.8% over twelve months including dividends.
- **From 52-week high: -7.2%** (39.0% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.23** (volatility 23%). Beta of 0.23 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BUD · Page: https://foliofundamentals.com/stocks/bud

Not investment advice.