Anheuser-Busch InBev Past Earnings Performance
Past criteria checks 3/6
Anheuser-Busch InBev has been growing earnings at an average annual rate of 11.8%, while the Beverage industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 4.5% per year. Anheuser-Busch InBev's return on equity is 9%, and it has net margins of 11%.
Key information
11.8%
Earnings growth rate
11.5%
EPS growth rate
| Beverage Industry Growth | 4.4% |
| Revenue growth rate | 4.5% |
| Return on equity | 9.0% |
| Net Margin | 11.0% |
| Next Earnings Update | 26 Feb 2025 |
Recent past performance updates
Recent updates
Anheuser-Busch InBev: Still Very Cheap Despite Its Recent Struggles
Dec 14Anheuser-Busch: Nearly 2 Years After The Boycott, How Is It Going?
Nov 29Anheuser-Busch Vs. Molson Coors: Battle Of The Beers
Nov 13Anheuser-Busch InBev's Q2 Suggests The Firm Is Brewing A Formula For Long-Term Success
Oct 03After A Seven-Year Decline, Anheuser-Busch InBev Finally Shows Signs Of Life (Technical Analysis)
Sep 17Anheuser-Busch InBev Q2 Earnings: Stock Is Stuck For Good Reasons
Aug 15Anheuser-Busch InBev: Overvalued And Facing Multiple Headwinds
Apr 09Anheuser-Busch InBev: North American Headwinds Bottoming - Long-Term Recovery Ahead
Mar 24Revenue & Expenses Breakdown
How Anheuser-Busch InBev makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 59,400 | 6,526 | 18,369 | 0 |
| 30 Jun 24 | 59,927 | 5,928 | 18,463 | 0 |
| 31 Mar 24 | 59,714 | 4,793 | 18,355 | 0 |
| 31 Dec 23 | 59,380 | 5,341 | 18,263 | 0 |
| 30 Sep 23 | 59,575 | 6,293 | 18,309 | 0 |
| 30 Jun 23 | 59,092 | 6,254 | 18,067 | 0 |
| 31 Mar 23 | 58,764 | 7,513 | 17,859 | 0 |
| 31 Dec 22 | 57,786 | 5,969 | 17,628 | 0 |
| 30 Sep 22 | 57,316 | 5,088 | 17,661 | 0 |
| 30 Jun 22 | 56,499 | 3,904 | 17,695 | 0 |
| 31 Mar 22 | 55,246 | 4,170 | 17,704 | 0 |
| 31 Dec 21 | 54,304 | 4,670 | 17,648 | 0 |
| 30 Sep 21 | 52,873 | 4,973 | 17,196 | 0 |
| 30 Jun 21 | 51,415 | 5,763 | 16,760 | 0 |
| 31 Mar 21 | 48,171 | 2,320 | 15,787 | 0 |
| 31 Dec 20 | 46,881 | -650 | 15,451 | 0 |
| 30 Sep 20 | 47,449 | -2,916 | 15,433 | 0 |
| 30 Jun 20 | 47,804 | -1,027 | 15,689 | 0 |
| 31 Mar 20 | 51,108 | 2,922 | 16,295 | 0 |
| 31 Dec 19 | 52,329 | 8,747 | 16,516 | 0 |
| 30 Sep 19 | 54,364 | 9,577 | 16,761 | 0 |
| 30 Jun 19 | 51,777 | 6,704 | 16,139 | 0 |
| 31 Mar 19 | 54,113 | 6,920 | 16,929 | 0 |
| 31 Dec 18 | 53,041 | 3,839 | 16,901 | 0 |
| 30 Sep 18 | 54,969 | 6,944 | 17,722 | 0 |
| 30 Jun 18 | 56,427 | 8,042 | 18,253 | 0 |
| 31 Mar 18 | 56,595 | 7,609 | 18,265 | 0 |
| 31 Dec 17 | 56,444 | 7,968 | 18,200 | 0 |
| 30 Sep 17 | 56,046 | 5,286 | 18,354 | 0 |
| 30 Jun 17 | 52,415 | 3,788 | 17,348 | 0 |
| 31 Mar 17 | 49,039 | 2,438 | 16,349 | 0 |
| 31 Dec 16 | 45,517 | 1,193 | 15,284 | 0 |
| 30 Sep 16 | 42,038 | 3,130 | 13,946 | 0 |
| 30 Jun 16 | 42,305 | 3,948 | 13,829 | 0 |
| 31 Mar 16 | 42,551 | 5,724 | 13,651 | 0 |
| 31 Dec 15 | 43,604 | 8,273 | 13,850 | 0 |
| 30 Sep 15 | 44,899 | 8,512 | 13,912 | 0 |
| 30 Jun 15 | 45,762 | 9,636 | 14,052 | 0 |
| 31 Mar 15 | 46,911 | 10,525 | 14,405 | 0 |
| 31 Dec 14 | 47,063 | 9,216 | 14,509 | 0 |
| 30 Sep 14 | 46,756 | 9,208 | 14,310 | 0 |
| 30 Jun 14 | 46,245 | 9,075 | 14,007 | 0 |
| 31 Mar 14 | 44,631 | 13,715 | 13,394 | 0 |
| 31 Dec 13 | 43,195 | 14,394 | 12,714 | 0 |
Quality Earnings: BUD has high quality earnings.
Growing Profit Margin: BUD's current net profit margins (11%) are higher than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BUD's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: BUD's earnings growth over the past year (3.7%) is below its 5-year average (11.8% per year).
Earnings vs Industry: BUD earnings growth over the past year (3.7%) did not outperform the Beverage industry 10.8%.
Return on Equity
High ROE: BUD's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:12 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Anheuser-Busch InBev SA/NV is covered by 77 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Anna Zyniewicz | AlphaValue |
| null null | Argus Research Company |