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

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 July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnBUD vs KO

growth of $100 · dividends reinvested · last 17y
BUD +200.3%KO +485.9%KO compounded faster
100200300400500600Start $10020122015201820212024$300$586
BUD KO

BUD vs KO: by the numbers

  • KO is the larger company ($379.78B vs $160.71B market cap).
  • BUD trades at the lower trailing earnings multiple (13.24 vs 26.44 P/E), one valuation lens rather than an overall verdict.
  • 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 (2.47% vs 1.67%).

Metrics side by side

Valuation

MetricBUDKO
P/E ratio13.2426.44
Forward P/E18.4225.72
P/S ratio1.337.36
P/B ratio1.8310.78
PEG ratio1.000.98
EV / EBITDA4.5425.53
FCF yield13.99%3.46%

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 yield1.67%2.47%
Payout ratio38.95%68.20%

Growth (annualized)

MetricBUDKO
Revenue CAGR (5Y)3.94%8.07%
EPS CAGR (5Y)37.66%11.12%
FCF CAGR (5Y)10.48%-9.38%
Total return CAGR (5Y)5.34%11.23%

Frequently asked

Which has the lower trailing P/E, BUD or KO?
BUD has the lower trailing P/E: BUD trades at 13.24 and KO at 26.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 1.67% and KO yields 2.47% 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%.
How have BUD and KO total returns compared?
Over the past 10 years, BUD delivered -2.13% and KO delivered 10.23% annualized total return. 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 July 28, 2026.