Anheuser-Busch InBev SA/NV (BUD) vs The Hershey Company (HSY)

BUD leads on 10 of 16 compared metrics.

A side-by-side comparison of Anheuser-Busch InBev SA/NV and The Hershey Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BUD vs HSY

growth of $100 · last 17y
BUD +113.9%HSY +391.6%HSY compounded faster
200400600Start $10020122015201820212024$214$492
BUD HSY

BUD vs HSY: by the numbers

  • BUD is the larger company ($159.33B vs $35.56B market cap).
  • BUD trades at the lower earnings multiple (13.48 vs 32.65 P/E).
  • BUD converts more revenue to profit (10.14% vs 9.12% net margin).
  • HSY grew revenue faster over the past five years (7.65% vs 3.94% CAGR).
  • HSY pays the higher dividend yield (3.22% vs 1.64%).

Which is better, BUD or HSY?

Metric tally: BUD 10 · HSY 6

It depends on what you're optimizing for:

ValueBUD(lower P/E)
GrowthHSY(faster 5Y revenue CAGR)
IncomeHSY(higher dividend yield)
QualityHSY(higher ROIC)

Metrics side by side

Valuation

MetricBUDHSY
P/E ratio13.4832.65
Forward P/E16.9817.54
P/S ratio1.352.99
P/B ratio1.877.56
PEG ratio1.00
EV / EBITDA5.5218.57
FCF yield13.74%6.06%

Profitability

MetricBUDHSY
Gross margin55.67%34.76%
Operating margin31.82%14.08%
Net margin10.14%9.12%
ROE13.99%23.11%
ROIC6.32%9.00%

Dividends

MetricBUDHSY
Dividend yield1.64%3.22%
Payout ratio38.95%128.27%

Growth (annualized)

MetricBUDHSY
Revenue CAGR (5Y)3.94%7.65%
EPS CAGR (5Y)37.66%-6.42%
FCF CAGR (5Y)10.48%10.95%
Total return CAGR (5Y)2.39%2.71%

Frequently asked

Which is better, BUD or HSY?
It depends on your goal. value: BUD (lower P/E); growth: HSY (faster 5Y revenue CAGR); income: HSY (higher dividend yield); quality: HSY (higher ROIC). Across all compared metrics, BUD leads 10 to 6.
Is BUD or HSY cheaper?
On trailing earnings, BUD is cheaper: BUD trades at a 13.48 P/E and HSY at 32.65.
Which has grown faster, BUD or HSY?
Over the past five years, HSY grew revenue faster — BUD at a 3.94% CAGR versus HSY at 7.65%.
Does BUD or HSY pay a bigger dividend?
BUD yields 1.64% and HSY yields 3.22% based on trailing dividends and the latest price.
Is BUD or HSY more profitable?
BUD runs the higher net margin — BUD at 10.14% versus HSY at 9.12%.
Which has been the better investment, BUD or HSY?
Over the past 10-year, HSY delivered the higher annualized total return — BUD at -2.16% versus HSY at 8.66%. Past performance doesn't predict future results.

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 June 17, 2026.