Which has the lower trailing P/E, BTI or BUD?

BTI has the lower trailing P/E: BTI trades at 9.59 and BUD at 9.83. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BTI or BUD?

Over the past five years, BUD grew revenue faster — BTI at a -3.08% CAGR versus BUD at 4.82%.

Does BTI or BUD pay a bigger dividend?

BTI yields 5.76% and BUD yields 1.71% based on trailing dividends and the latest price.

Is BTI or BUD more profitable?

BTI runs the higher net margin — BTI at 20.62% versus BUD at 11.53%.

How have BTI and BUD total returns compared?

Over the past 10 years, BTI delivered 5.54% and BUD delivered -2.64% annualized total return. Past performance doesn't predict future results.

British American Tobacco p.l.c. (BTI) vs Anheuser-Busch InBev SA/NV (BUD)

A side-by-side comparison of British American Tobacco p.l.c. and Anheuser-Busch InBev SA/NV across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 22, 2026. Differences are shown without an overall score or investment verdict.

BTI

British American Tobacco p.l.c.

$121.24B

$56.21Consumer DefensiveAt close: Aug 21, 2026, 4:00 PM ET

BUD

Anheuser-Busch InBev SA/NV

$155.43B

$78.92Consumer DefensiveAt close: Aug 21, 2026, 4:00 PM ET

Total return — BTI vs BUD

growth of $100 · dividends reinvested · last 10y

BTI +71.8% (+5.6%/yr)BUD -23.2% (-2.6%/yr)BTI compounded faster over this window

BTI BUD

BTI vs BUD: by the numbers

•BUD is the larger company ($155.43B vs $121.24B market cap).
•BTI trades at the lower trailing earnings multiple (9.59 vs 9.83 P/E), one valuation lens rather than an overall verdict.
•BTI converts more revenue to profit (20.62% vs 11.53% net margin).
•BUD grew revenue faster over the past five years (4.82% vs -3.08% CAGR).
•BTI pays the higher dividend yield (5.76% vs 1.71%).

Metrics side by side

Valuation

Metric	BTI	BUD
P/E ratio	9.59	9.83
Forward P/E	15.57	17.54
P/S ratio	1.80	1.27
P/B ratio	1.91	1.67
EV / EBITDA	6.77	4.42
FCF yield	15.70%	16.26%

Profitability

Metric	BTI	BUD
Gross margin	83.50%	55.93%
Operating margin	39.04%	26.38%
Net margin	20.62%	11.53%
ROE	6.94%	7.83%
ROIC	8.04%	6.32%

Dividends

Metric	BTI	BUD
Dividend yield	5.76%	1.71%
Payout ratio	68.53%	38.95%

Growth (annualized)

Metric	BTI	BUD
Revenue CAGR (5Y)	-3.08%	4.82%
EPS CAGR (5Y)	4.31%	37.66%
FCF CAGR (5Y)	-9.26%	12.69%
Total return CAGR (5Y)	17.25%	7.16%

Frequently asked

Which has the lower trailing P/E, BTI or BUD?: BTI has the lower trailing P/E: BTI trades at 9.59 and BUD at 9.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BTI or BUD?: Over the past five years, BUD grew revenue faster — BTI at a -3.08% CAGR versus BUD at 4.82%.
Does BTI or BUD pay a bigger dividend?: BTI yields 5.76% and BUD yields 1.71% based on trailing dividends and the latest price.
Is BTI or BUD more profitable?: BTI runs the higher net margin — BTI at 20.62% versus BUD at 11.53%.
How have BTI and BUD total returns compared?: Over the past 10 years, BTI delivered 5.54% and BUD delivered -2.64% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BTI analysis Full BUD analysis Interactive comparison tool

Dig into the metrics

British American Tobacco p.l.c. P/E ratio Anheuser-Busch InBev SA/NV P/E ratio British American Tobacco p.l.c. dividend yield Anheuser-Busch InBev SA/NV dividend yield British American Tobacco p.l.c. ROE Anheuser-Busch InBev SA/NV ROE British American Tobacco p.l.c. operating margin Anheuser-Busch InBev SA/NV operating margin British American Tobacco p.l.c. revenue growth Anheuser-Busch InBev SA/NV revenue growth British American Tobacco p.l.c. free cash flow Anheuser-Busch InBev SA/NV free cash flow

British American Tobacco p.l.c. & Anheuser-Busch InBev SA/NV appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 22, 2026.