Anheuser-Busch InBev SA/NV (BUD) vs Philip Morris International Inc. (PM)

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — BUD vs PM

growth of $100 · dividends reinvested · last 10y
BUD -24.3% (-2.7%/yr)PM +218.6% (+12.3%/yr)PM compounded faster over this window
100200300Start $10020182020202220242026$76$319
BUD PM

BUD vs PM: by the numbers

  • •PM is the larger company ($296.88B vs $153.62B market cap).
  • •PM converts more revenue to profit (25.56% vs 11.53% net margin).
  • •PM grew revenue faster over the past five years (7.19% vs 4.82% CAGR).
  • •PM pays the higher dividend yield (3.08% vs 1.72%).

Metrics side by side

Valuation

MetricBUDPM
P/E ratioN/A27.37
Forward P/E17.3322.75
P/S ratioN/A6.98
P/B ratio1.64N/A
EV / EBITDAN/A18.78
FCF yieldN/A4.29%

Profitability

MetricBUDPM
Gross margin55.93%67.51%
Operating margin26.38%37.75%
Net margin11.53%25.56%
ROE7.83%N/A
ROIC6.32%26.30%

Dividends

MetricBUDPM
Dividend yield1.72%3.08%
Payout ratioN/A84.48%

Growth (annualized)

MetricBUDPM
Revenue CAGR (5Y)4.82%7.19%
EPS CAGR (5Y)37.66%7.10%
FCF CAGR (5Y)12.69%4.43%
Total return CAGR (5Y)7.90%18.46%

Frequently asked

Which has grown faster, BUD or PM?
Over the past five years, PM grew revenue faster — BUD at a 4.82% CAGR versus PM at 7.19%.
Does BUD or PM pay a bigger dividend?
BUD yields 1.72% and PM yields 3.08% based on trailing dividends and the latest price.
Is BUD or PM more profitable?
PM runs the higher net margin — BUD at 11.53% versus PM at 25.56%.
How have BUD and PM total returns compared?
Over the past 10 years, BUD delivered -2.48% and PM delivered 12.40% 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 September 13, 2026.