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Anheuser-Busch InBev SA/NV (BUD) EBITDA Margin: 35.14%

Is Anheuser-Busch InBev SA/NV’s EBITDA margin high or low?

Anheuser-Busch InBev SA/NV's EBITDA margin of 35.14% is 10% above its 5-year average of 31.91%, near the high end of its 5-year range (24.65%–35.14%).

The EBITDA margin for Anheuser-Busch InBev SA/NV (BUD) is 35.14% as of Tuesday, June 9, 2026. It is above its 12-month average by 1.71% (34.55%).

BUD EBITDA Margin Chart

BUD EBITDA Margin
35.14%+3.47% 1Y
Zoom

BUD Average EBITDA Margin Chart

BUD Current vs Average EBITDA Margin Chart

BUD EBITDA Margin Metrics

EBITDA MARGIN

35.14%

EBITDA MARGIN AVG TTM

34.55%

EBITDA MARGIN AVG 3Y

33.52%

EBITDA MARGIN AVG 5Y

31.91%

EBITDA MARGIN AVG 10Y

33.94%

EBITDA MARGIN AVG 15Y

36.79%

EBITDA MARGIN AVG 20Y

36.28%

CURRENT VS TTM AVG

+1.71%

CURRENT VS 3Y AVG

+4.85%

CURRENT VS 5Y AVG

+10.12%

CURRENT VS 10Y AVG

+3.54%

CURRENT VS 15Y AVG

-4.49%

CURRENT VS 20Y AVG

-3.15%

BUD Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Anheuser-Busch InBev SA/NV (BUD)35.14%34.55%33.52%31.91%
Altria Group, Inc. (MO)$119.48B53.79%63.75%57.49%49.17%
PepsiCo, Inc. (PEP)$195.17B16.55%17.36%17.30%17.79%
Monster Beverage Corporation (MNST)$88.17B31.39%29.12%28.16%30.45%
Colgate-Palmolive Company (CL)$70.38B19.41%21.77%21.04%22.02%
Target Corporation (TGT)$57.49B7.97%8.04%8.03%8.29%
Keurig Dr Pepper Inc. (KDP)$42.83B25.26%23.65%24.08%25.64%
The Kroger Co. (KR)$38.84B3.90%4.54%4.59%4.58%
Sysco Corporation (SYY)$37.08B5.08%5.19%4.99%4.90%
Kimberly-Clark Corporation (KMB)$33.37B18.05%18.94%17.41%17.85%

Margin Comparison

Gross Margin

55.9%

EBITDA Margin

35.1%

Operating Margin

26.4%

Net Margin

11.5%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Anheuser-Busch InBev SA/NV EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Anheuser-Busch InBev SA/NV EBITDA Margin FAQ

What is the EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The EBITDA margin for BUD stock is 35.14%.
Is Anheuser-Busch InBev SA/NV's EBITDA margin high or low?
Anheuser-Busch InBev SA/NV's EBITDA margin of 35.14% is 10% above its 5-year average of 31.91%, near the high end of its 5-year range (24.65%–35.14%).
What is the TTM average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The TTM average EBITDA margin for BUD stock is 34.55%.
What is the 3Y average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The 3Y average EBITDA margin for BUD stock is 33.52%.
What is the 5Y average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The 5Y average EBITDA margin for BUD stock is 31.91%.
What is the 10Y average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The 10Y average EBITDA margin for BUD stock is 33.94%.
What is the 15Y average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The 15Y average EBITDA margin for BUD stock is 36.79%.
What is the 20Y average EBITDA margin for Anheuser-Busch InBev SA/NV (BUD)?
The 20Y average EBITDA margin for BUD stock is 36.28%.

Anheuser-Busch InBev SA/NV EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3135.14%
2024-12-3133.96%
2023-12-3132.11%
2022-12-3132.85%
2021-12-3132.76%
2020-12-3124.65%
2019-12-3142.67%
2018-12-3140.77%
2017-12-3136.49%
2016-12-3127.80%
2015-12-3134.13%
2014-12-3141.67%
2013-12-3155.65%
2012-12-3140.72%
2011-12-3139.65%
2010-12-3137.63%
2009-12-3141.48%
2008-12-3132.33%
2007-12-3137.69%
2006-12-3132.98%
2005-12-3128.83%
2004-12-3127.99%
2003-12-3119.59%
2002-12-3118.06%

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (AB InBev) is a global beverage giant involved in the manufacturing, marketing, and retailing of a wide variety of beers, other alcoholic drinks, and soft drinks across the world. The company manages an expansive collection of around 500 beer labels. Its most prominent and globally recognized brands include Budweiser, Corona, and Stella Artois. Additionally, its portfolio features well-known names such as Beck's, Hoegaarden, Leffe, and Michelob Ultra, alongside a host of other popular brands like Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol. Established in 1366, AB InBev's corporate headquarters are situated in Leuven, Belgium.

Leuven
144,000 employees
Consumer Defensive / Beverages - Alcoholic
Sector
Consumer Defensive
Industry
Beverages - Alcoholic
CEO
Michel Dimitrios Doukeris