Anheuser-Busch InBev SA/NV (BUD) vs Philip Morris International Inc. (PM)
BUD and PM are evenly matched — 8 metrics each of 16.
A side-by-side comparison of Anheuser-Busch InBev SA/NV and Philip Morris International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
BUD
Anheuser-Busch InBev SA/NV
$85.09Consumer Defensive
PM
Philip Morris International Inc.
$180.77Consumer Defensive
Total return — BUD vs PM
growth of $100 · last 17yBUD +121.0%PM +310.0%PM compounded faster
BUD PM
BUD vs PM: by the numbers
- •PM is the larger company ($281.74B vs $164.54B market cap).
- •BUD trades at the lower earnings multiple (13.93 vs 25.42 P/E).
- •PM converts more revenue to profit (26.74% vs 10.14% net margin).
- •PM grew revenue faster over the past five years (7.34% vs 3.94% CAGR).
- •PM pays the higher dividend yield (3.25% vs 1.38%).
Which is better, BUD or PM?
Metric tally: BUD 8 · PM 8It depends on what you're optimizing for:
ValueBUD(lower P/E)
GrowthPM(faster 5Y revenue CAGR)
IncomePM(higher dividend yield)
QualityPM(higher ROIC)
Metrics side by side
Valuation
| Metric | BUD | PM |
|---|---|---|
| P/E ratio | 13.93● | 25.42 |
| Forward P/E | 17.45● | 19.81 |
| P/S ratio | 1.40● | 6.81 |
| P/B ratio | 1.93 | — |
| PEG ratio | 1.00 | 0.36● |
| EV / EBITDA | 4.72● | 19.01 |
| FCF yield | 13.30%● | 3.78% |
Profitability
| Metric | BUD | PM |
|---|---|---|
| Gross margin | 55.67% | 67.30%● |
| Operating margin | 31.82% | 36.83%● |
| Net margin | 10.14% | 26.74%● |
| ROE | 13.99%● | -113.55% |
| ROIC | 6.32% | 25.56%● |
Dividends
| Metric | BUD | PM |
|---|---|---|
| Dividend yield | 1.38% | 3.25%● |
| Payout ratio | 33.96% | 80.88% |
Growth (annualized)
| Metric | BUD | PM |
|---|---|---|
| Revenue CAGR (5Y) | 3.94% | 7.34%● |
| EPS CAGR (5Y) | 37.66%● | 7.10% |
| FCF CAGR (5Y) | 10.48%● | 4.58% |
| Total return CAGR (5Y) | 3.65% | 17.89%● |
Frequently asked
- Which is better, BUD or PM?
- It depends on your goal. value: BUD (lower P/E); growth: PM (faster 5Y revenue CAGR); income: PM (higher dividend yield); quality: PM (higher ROIC). Across all compared metrics, they are evenly matched.
- Is BUD or PM cheaper?
- On trailing earnings, BUD is cheaper: BUD trades at a 13.93 P/E and PM at 25.42.
- Which has grown faster, BUD or PM?
- Over the past five years, PM grew revenue faster — BUD at a 3.94% CAGR versus PM at 7.34%.
- Does BUD or PM pay a bigger dividend?
- BUD yields 1.38% and PM yields 3.25% based on trailing dividends and the latest price.
- Is BUD or PM more profitable?
- PM runs the higher net margin — BUD at 10.14% versus PM at 26.74%.
- Which has been the better investment, BUD or PM?
- Over the past 10-year, PM delivered the higher annualized total return — BUD at -1.80% versus PM at 11.61%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Anheuser-Busch InBev SA/NV P/E ratioPhilip Morris International P/E ratioAnheuser-Busch InBev SA/NV dividend yieldPhilip Morris International dividend yieldAnheuser-Busch InBev SA/NV ROEPhilip Morris International ROEAnheuser-Busch InBev SA/NV operating marginPhilip Morris International operating marginAnheuser-Busch InBev SA/NV revenue growthPhilip Morris International revenue growthAnheuser-Busch InBev SA/NV free cash flowPhilip Morris International free cash flow
Anheuser-Busch InBev SA/NV & Philip Morris International appear in these rankings
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 27, 2026.