Stocks Comparison
Anheuser-Busch InBev vs Pepsico: revenue, profit, margins and growth compared
Anheuser-Busch InBev brought in $59.3B of revenue in fiscal 2025, Pepsico $93.9B in fiscal 2025. Revenue changed by -0.7% at Anheuser-Busch InBev and +2.3% at Pepsico on the year before, so Pepsico grew faster. Anheuser-Busch InBev kept 11.5% of its revenue as net profit, Pepsico 8.8%. Free cash flow was $11.2B at Anheuser-Busch InBev and $7.7B at Pepsico.
Side by side, latest fiscal year
| BUD | PEP | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 27, 2025) |
| Revenue | $59.3B | $93.9B |
| Revenue growth | -0.7% | +2.3% |
| Net income | $6.8B | $8.2B |
| Net margin | 11.5% | 8.8% |
| Free cash flow | $11.2B | $7.7B |
| Free cash flow margin | 18.9% | 8.2% |
| Earnings per share (diluted) | $3.39 | $6.00 |
| Cash | $11.6B | $9.2B |
| Debt | $73B | $46.4B |
| Price to earnings | n/a | 21.4 |
| Market value | $153.8B | $175.6B |
| Dividend yield | n/a | 4.37% |
| Rank by revenue in sector | #8 of 125 · Consumer staples | #3 of 125 · Consumer staples |
Over the years
Questions about Anheuser-Busch InBev and Pepsico
Which is bigger by revenue, Anheuser-Busch InBev or Pepsico?
Pepsico is bigger by revenue: $93.9B in fiscal 2025, against $59.3B for Anheuser-Busch InBev in fiscal 2025.
Which keeps more of its revenue as profit, Anheuser-Busch InBev or Pepsico?
Anheuser-Busch InBev had a net margin of 11.5% in fiscal 2025; Pepsico had 8.8% in fiscal 2025.
Which grew revenue faster, Anheuser-Busch InBev or Pepsico?
In their latest fiscal years revenue changed by -0.7% at Anheuser-Busch InBev and +2.3% at Pepsico.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.