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).
BUD
Anheuser-Busch InBev SA/NV
$82.91Consumer Defensive
KO
The Coca-Cola Company
$82.62Consumer Defensive
Total return — BUD vs KO
growth of $100 · last 17yBUD +115.4%KO +236.0%KO compounded faster
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 8It depends on what you're optimizing for:
ValueBUD(lower P/E)
GrowthKO(faster 5Y revenue CAGR)
IncomeKO(higher dividend yield)
QualityKO(higher ROIC)
Valuation
| Metric | BUD | KO |
|---|---|---|
| P/E ratio | 13.57● | 25.98 |
| Forward P/E | 17.10● | 23.70 |
| P/S ratio | 1.36● | 7.23 |
| P/B ratio | 1.88● | 10.60 |
| PEG ratio | 1.00 | 0.98● |
| EV / EBITDA | 6.41● | 20.26 |
| FCF yield | 13.64%● | 3.52% |
Profitability
| Metric | BUD | KO |
|---|---|---|
| Gross margin | 55.67% | 61.74%● |
| Operating margin | 31.82%● | 29.34% |
| Net margin | 10.14% | 27.80%● |
| ROE | 13.99% | 40.74%● |
| ROIC | 6.32% | 13.00%● |
Dividends
| Metric | BUD | KO |
|---|---|---|
| Dividend yield | 1.63% | 1.88%● |
| Payout ratio | 38.95% | 50.82% |
Growth (annualized)
| Metric | BUD | KO |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Anheuser-Busch InBev SA/NV P/E ratioCoca-Cola P/E ratioAnheuser-Busch InBev SA/NV dividend yieldCoca-Cola dividend yieldAnheuser-Busch InBev SA/NV ROECoca-Cola ROEAnheuser-Busch InBev SA/NV operating marginCoca-Cola operating marginAnheuser-Busch InBev SA/NV revenue growthCoca-Cola revenue growthAnheuser-Busch InBev SA/NV free cash flowCoca-Cola free cash flow
Anheuser-Busch InBev SA/NV & Coca-Cola appear in these rankings
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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.