ANHEUSER-BUSCH INBEV financials
Also U.S.-listed. ANHEUSER-BUSCH INBEV is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: BUD — Anheuser-Busch InBev SA/NV
ANHEUSER-BUSCH INBEV
Country: BE Reporting currency: USD Latest annual report: 2025-12-31
LEI:
5493008H3828EMEXB082 Financial statements
(USD, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | $59.32B | $59.77B |
| Cost of sales | $26.14B | $26.74B |
| Gross profit | $33.18B | $33.02B |
| Distribution costs | $6.09B | $6.20B |
| Administrative expenses | $4.67B | $4.98B |
| Operating profit (EBIT) | $15.40B | $15.49B |
| Net finance income / (cost) | -$4.46B | -$5.35B |
| Finance costs | $4.93B | $5.10B |
| Profit before tax | $11.33B | $10.57B |
| Income tax expense | $2.85B | $3.15B |
| Profit for the year | $8.48B | $7.42B |
| — attributable to owners | $6.84B | $5.86B |
| — attributable to NCI | $1.64B | $1.56B |
| Total comprehensive income | $15.20B | -$1.40B |
| Per share | ||
| Basic EPS | $3.45 | $2.92 |
| Diluted EPS | $3.39 | $2.86 |
| Cash flow statement | ||
| Cash generated from operations | $20.81B | $21.01B |
| Net cash from operating activities | $14.88B | $15.05B |
| Income taxes paid | $3.24B | $3.13B |
| Net cash from investing activities | -$3.44B | -$3.26B |
| Net cash from financing activities | -$11.45B | -$9.85B |
| Dividends paid | $4.54B | $2.67B |
| Proceeds from borrowings | $4.40B | $5.46B |
| Repayments of borrowings | $6.86B | $9.29B |
| Lease liability payments | $733.0M | $787.0M |
| Net change in cash | -$3.0M | $1.94B |
| Balance sheet | ||
| Total assets | $218.81B | $206.64B |
| Non-current assets | $194.04B | $183.64B |
| Property, plant & equipment | $23.66B | $23.50B |
| Intangible assets & goodwill | $117.91B | $110.48B |
| Current assets | $24.77B | $23.00B |
| Inventories | $5.11B | $5.02B |
| Trade & other receivables | $6.16B | $5.27B |
| Cash & equivalents | $11.64B | $11.17B |
| Total equity | $97.74B | $88.70B |
| — attributable to owners | $87.29B | $78.24B |
| Non-controlling interests | $10.45B | $10.46B |
| Non-current liabilities | $86.60B | $84.87B |
| Long-term borrowings | $72.13B | $70.72B |
| Current liabilities | $34.48B | $33.07B |
| Current portion of long-term borrowings | $885.0M | $1.45B |
| Trade & other payables | $25.45B | $23.80B |
| Deferred tax liabilities | $11.40B | $11.32B |
| Derived metrics | ||
| Operating margin | 26.0% | 25.9% |
| Net margin | 14.3% | 12.4% |
| Return on equity | 8.7% | 8.4% |
| Cash conversion ratio | 1.76× | 2.03× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | $87.0M | -$149.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -$187.0M | $341.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $5.65B | $5.54B |
| Adjustments For Finance Income Cost | -$4.46B | -$5.35B |
| Adjustments For Income Tax Expense | $2.85B | $3.15B |
| Adjustments For Increase Decrease In Trade and Other Payables | -$298.0M | -$215.0M |
| Adjustments For Sharebased Payments | $625.0M | $644.0M |
| Adjustments For Undistributed Profits of Associates | $387.0M | $433.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | $11.62B | $11.17B |
| Cash Flows From Used In Operations Before Changes In Working Capital | $21.64B | $21.41B |
| Comprehensive Income Attributable To Noncontrolling Interests | $1.81B | $795.0M |
| Comprehensive Income Attributable To Owners of Parent | $13.40B | -$2.19B |
| Current Derivative Financial Assets | $583.0M | $554.0M |
| Current Derivative Financial Liabilities | $6.10B | $5.82B |
| Current Tax Assets Current | $785.0M | $727.0M |
| Current Tax Assets Noncurrent | $444.0M | $470.0M |
| Current Tax Liabilities Current | $1.82B | $1.80B |
| Current Tax Liabilities Noncurrent | $206.0M | $284.0M |
| Deferred Tax Assets | $2.71B | $2.49B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | $2.27B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $1.15 | — |
| Dividends Received Classified As Operating Activities | $195.0M | $234.0M |
| Dividends Recognised As Distributions To Owners Per Share | $1.00 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | $452.0M | -$1.08B |
| Equity and Liabilities | $218.81B | $206.64B |
| Finance Income | $653.0M | $742.0M |
| Gains Losses On Cash Flow Hedges Net of Tax | $69.0M | $705.0M |
| Increase Decrease Through Sharebased Payment Transactions | $135.0M | $515.0M |
| Increase Decrease Through Transfers and Other Changes Equity | -$339.0M | -$166.0M |
| Increase Decrease Through Treasury Share Transactions | -$2.11B | -$791.0M |
| Intangible Assets Other Than Goodwill | $41.98B | $40.03B |
| Interest Paid Classified As Operating Activities | $3.35B | $3.65B |
| Interest Received Classified As Operating Activities | $462.0M | $594.0M |
| Investments In Associates Accounted For Using Equity Method | $5.00B | $4.61B |
| Issued Capital | $1.74B | $1.74B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $190.0M | $33.0M |
| Noncurrent Derivative Financial Assets | $145.0M | $261.0M |
| Noncurrent Derivative Financial Liabilities | $293.0M | $68.0M |
| Noncurrent Payables | $869.0M | $797.0M |
| Noncurrent Receivables | $1.87B | $1.58B |
| Noncurrent Recognised Assets Defined Benefit Plan | $150.0M | $42.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | $1.27B | $1.30B |
| Other Adjustments For Noncash Items | -$45.0M | -$269.0M |
| Other Comprehensive Income | $6.73B | -$8.81B |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | $7.08B | -$10.21B |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | $65.0M | $141.0M |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | -$274.0M | $935.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $6.66B | -$8.95B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | $65.0M | $141.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -$883.0M | -$763.0M |
| Other Longterm Provisions | $425.0M | $385.0M |
| Other Operating Income Expense | $808.0M | $779.0M |
| Other Reserves | $17.80B | $12.30B |
| Other Shortterm Provisions | $192.0M | $191.0M |
| Payments To Acquire Or Redeem Entitys Shares | $2.30B | $937.0M |
| Retained Earnings | $50.13B | $46.58B |
| Sales and Marketing Expense | $7.37B | $7.16B |
| Share Premium | $17.62B | $17.62B |
Methodology
Every line item above is a fact tagged in ANHEUSER-BUSCH INBEV's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.