NYSE · Consumer staples

Anheuser-Busch InBev SA (BUD)

Anheuser-Busch InBev SA reported revenue of $59.3B in fiscal 2025, down 0.7% from a year earlier. Net income was $6.8B, a net margin of 11.5%. Operating cash flow minus capital spending left $11.2B of free cash flow in fiscal 2025. At December 31, 2025 it held $11.6B in cash against $73B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 3, 2026.

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Price

$78.00

+0.75% on the day · September 25, 2026

52-week range $58.44 to $86.60

Market cap

$153.8B

Revenue (FY2025)

$59.3B

-0.7% year on year

Net margin

11.5%

What Anheuser-Busch InBev SA does

Anheuser-Busch InBev produces, markets, and distributes alcoholic and non-alcoholic beverages, primarily beer. Its brand portfolio includes Budweiser, Stella Artois, and Corona. The company sells its products to retailers, bars, restaurants, and wholesalers around the world. Its shares trade on NYSE under the ticker BUD.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$59.3B	$15.4B	$6.8B	$3.39	$11.2B
2024	$59.8B	$15.5B	$5.9B	$2.86	$11.2B
2023	$59.4B	$14B	$5.3B	$2.60	$8.6B
2022	$57.8B	$14.5B	$6B	$2.91	$8.1B
2021	$54.3B	$13.8B	$4.7B	$2.28	$9.2B
2020	$46.9B	$9.6B	$1.4B	$0.69	$7.1B

Full financial statements: income, balance sheet and cash flow

Where BUD ranks in Consumer staples

Revenue$59.3B

#8 of 125 in Consumer staples · Top 6%

Revenue growth-0.7%

#77 of 116 in Consumer staples · Bottom 34%

Net margin11.5%

#15 of 118 in Consumer staples · Top 12%

Free cash flow margin18.9%

#6 of 108 in Consumer staples · Top 5%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer staples

Dividends

It paid out $4.5B in cash dividends, 66% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	$4.5B	66%
2024	n/a	$2.7B	46%
2023	n/a	$3B	56%
2022	n/a	$2.4B	41%
2021	n/a	$2.4B	51%
2020	n/a	$1.8B	128%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Anheuser-Busch InBev SA has filed recently, newest first. Each links to the original document on SEC EDGAR.

July 30, 2026
Foreign issuer update 6-K
July 30, 2026
Foreign issuer update 6-K
June 29, 2026
Employee plan annual report 11-K
June 16, 2026
Foreign issuer update 6-K
May 26, 2026
Conflict minerals disclosure SD
May 15, 2026
Activist stake changed SCHEDULE 13D/A
May 14, 2026
Foreign issuer update 6-K
May 5, 2026
Foreign issuer update 6-K
May 5, 2026
Foreign issuer update 6-K
April 29, 2026
Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 2, the latest on August 14, 2026. Insider transactions on SEC

Insider trades

What the people running Anheuser-Busch InBev SA did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns BUD

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Jorge Paulo Lemann13D, may seek influence with 8 related filers	52.3%	1,031,561,286	May 15, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about BUD

What does Anheuser-Busch InBev SA do?

Is Anheuser-Busch InBev SA profitable?

Yes. In fiscal 2025 it reported net income of $6.8B on revenue of $59.3B, a net margin of 11.5%.

How much revenue does Anheuser-Busch InBev SA make?

In fiscal 2025 Anheuser-Busch InBev SA reported revenue of $59.3B. That is 0.7% less than a year earlier.

When did Anheuser-Busch InBev SA last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 3, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the planned insider sale from August 14, 2026.

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Where the numbers come from

Financial figures are the values Anheuser-Busch InBev SA tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.