Anheuser-Busch InBev SA/NV (BUD) vs The Coca-Cola Company (KO)

BUD leads on 9 of 17 compared metrics.

A side-by-side comparison of Anheuser-Busch InBev SA/NV and The Coca-Cola Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — BUD vs KO

growth of $100 · last 17y
BUD +115.4%KO +236.0%KO compounded faster
100200300Start $10020122015201820212024$215$336
BUD KO

BUD vs KO: by the numbers

  • KO is the larger company ($355.47B vs $160.41B market cap).
  • BUD trades at the lower earnings multiple (13.57 vs 25.98 P/E).
  • KO converts more revenue to profit (27.80% vs 10.14% net margin).
  • KO grew revenue faster over the past five years (8.07% vs 3.94% CAGR).
  • KO pays the higher dividend yield (1.88% vs 1.63%).

Which is better, BUD or KO?

Metric tally: BUD 9 · KO 8

It depends on what you're optimizing for:

ValueBUD(lower P/E)
GrowthKO(faster 5Y revenue CAGR)
IncomeKO(higher dividend yield)
QualityKO(higher ROIC)

Valuation

MetricBUDKO
P/E ratio13.5725.98
Forward P/E17.1023.70
P/S ratio1.367.23
P/B ratio1.8810.60
PEG ratio1.000.98
EV / EBITDA6.4120.26
FCF yield13.64%3.52%

Profitability

MetricBUDKO
Gross margin55.67%61.74%
Operating margin31.82%29.34%
Net margin10.14%27.80%
ROE13.99%40.74%
ROIC6.32%13.00%

Dividends

MetricBUDKO
Dividend yield1.63%1.88%
Payout ratio38.95%50.82%

Growth (annualized)

MetricBUDKO
Revenue CAGR (5Y)3.94%8.07%
EPS CAGR (5Y)37.66%11.12%
FCF CAGR (5Y)10.48%4.97%
Total return CAGR (5Y)2.64%11.29%

Frequently asked

Which is better, BUD or KO?
It depends on your goal. value: BUD (lower P/E); growth: KO (faster 5Y revenue CAGR); income: KO (higher dividend yield); quality: KO (higher ROIC). Across all compared metrics, BUD leads 9 to 8.
Is BUD or KO cheaper?
On trailing earnings, BUD is cheaper: BUD trades at a 13.57 P/E and KO at 25.98.
Which has grown faster, BUD or KO?
Over the past five years, KO grew revenue faster — BUD at a 3.94% CAGR versus KO at 8.07%.
Does BUD or KO pay a bigger dividend?
BUD yields 1.63% and KO yields 1.88% based on trailing dividends and the latest price.
Is BUD or KO more profitable?
KO runs the higher net margin — BUD at 10.14% versus KO at 27.80%.
Which has been the better investment, BUD or KO?
Over the past 10-year, KO delivered the higher annualized total return — BUD at -2.09% versus KO at 9.41%. 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 13, 2026.