Anheuser-Busch InBev SA/NV (BUD) vs Altria Group, Inc. (MO)

BUD leads on 9 of 16 compared metrics.

A side-by-side comparison of Anheuser-Busch InBev SA/NV and Altria Group, Inc. 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 MO

growth of $100 · last 17y
BUD +115.4%MO +331.3%MO compounded faster
100200300400Start $10020122015201820212024$215$431
BUD MO

BUD vs MO: by the numbers

  • BUD is the larger company ($160.41B vs $120.13B market cap).
  • BUD trades at the lower earnings multiple (13.57 vs 15.05 P/E).
  • MO converts more revenue to profit (36.91% vs 10.14% net margin).
  • BUD grew revenue faster over the past five years (3.94% vs 1.08% CAGR).
  • MO pays the higher dividend yield (5.84% vs 1.63%).

Which is better, BUD or MO?

Metric tally: BUD 9 · MO 7

It depends on what you're optimizing for:

ValueBUD(lower P/E)
GrowthBUD(faster 5Y revenue CAGR)
IncomeMO(higher dividend yield)
QualityMO(higher ROIC)

Valuation

MetricBUDMO
P/E ratio13.5715.05
Forward P/E17.1012.23
P/S ratio1.365.52
P/B ratio1.88
PEG ratio1.001.32
EV / EBITDA6.4111.93
FCF yield13.64%7.16%

Profitability

MetricBUDMO
Gross margin55.67%67.84%
Operating margin31.82%50.73%
Net margin10.14%36.91%
ROE13.99%-198.37%
ROIC6.32%42.95%

Dividends

MetricBUDMO
Dividend yield1.63%5.84%
Payout ratio38.95%102.19%

Growth (annualized)

MetricBUDMO
Revenue CAGR (5Y)3.94%1.08%
EPS CAGR (5Y)37.66%11.36%
FCF CAGR (5Y)10.48%1.28%
Total return CAGR (5Y)2.64%16.42%

Frequently asked

Which is better, BUD or MO?
It depends on your goal. value: BUD (lower P/E); growth: BUD (faster 5Y revenue CAGR); income: MO (higher dividend yield); quality: MO (higher ROIC). Across all compared metrics, BUD leads 9 to 7.
Is BUD or MO cheaper?
On trailing earnings, BUD is cheaper: BUD trades at a 13.57 P/E and MO at 15.05.
Which has grown faster, BUD or MO?
Over the past five years, BUD grew revenue faster — BUD at a 3.94% CAGR versus MO at 1.08%.
Does BUD or MO pay a bigger dividend?
BUD yields 1.63% and MO yields 5.84% based on trailing dividends and the latest price.
Is BUD or MO more profitable?
MO runs the higher net margin — BUD at 10.14% versus MO at 36.91%.
Which has been the better investment, BUD or MO?
Over the past 10-year, MO delivered the higher annualized total return — BUD at -2.09% versus MO at 7.92%. 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.