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 August 13, 2026. Differences are shown without an overall score or investment verdict.
BUD
Anheuser-Busch InBev SA/NV
$80.35Consumer DefensiveDelayed quote: Aug 13, 2026, 12:20 PM EDT
PM
Philip Morris International Inc.
$189.83Consumer DefensiveDelayed quote: Aug 13, 2026, 12:20 PM EDT
Total return — BUD vs PM
growth of $100 · dividends reinvested · last 10yBUD -21.5% (-2.4%/yr)PM +207.8% (+11.9%/yr)PM compounded faster over this window
BUD PM
BUD vs PM: by the numbers
- •PM is the larger company ($295.86B vs $158.23B market cap).
- •BUD trades at the lower trailing earnings multiple (9.86 vs 26.75 P/E), one valuation lens rather than an overall verdict.
- •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 (3.16% vs 1.70%).
Metrics side by side
Valuation
| Metric | BUD | PM |
|---|---|---|
| P/E ratio | 9.86 | 26.75 |
| Forward P/E | 17.81 | 22.26 |
| P/S ratio | 1.28 | 6.84 |
| P/B ratio | 1.68 | N/A |
| EV / EBITDA | 4.43 | 18.45 |
| FCF yield | 16.21% | 4.37% |
Profitability
| Metric | BUD | PM |
|---|---|---|
| Gross margin | 55.93% | 67.51% |
| Operating margin | 26.38% | 37.75% |
| Net margin | 11.53% | 25.56% |
| ROE | 7.83% | -113.55% |
| ROIC | 6.32% | 25.56% |
Dividends
| Metric | BUD | PM |
|---|---|---|
| Dividend yield | 1.70% | 3.16% |
| Payout ratio | 38.95% | 80.88% |
Growth (annualized)
| Metric | BUD | PM |
|---|---|---|
| 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) | 6.71% | 18.69% |
Frequently asked
- Which has the lower trailing P/E, BUD or PM?
- BUD has the lower trailing P/E: BUD trades at 9.86 and PM at 26.75. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 1.70% and PM yields 3.16% 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 -2.60% and PM delivered 11.95% annualized total return. 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 August 13, 2026.