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Anheuser-Busch InBev SA/NV (BUD) FCF Payout Ratio: 11.95%

Is Anheuser-Busch InBev SA/NV’s FCF payout ratio high or low?

Anheuser-Busch InBev SA/NV's FCF payout ratio of 11.95% is 62% below its 5-year average of 31.05%, near the low end of its 5-year range (23.87%–40.46%).

The FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD) is 11.95%. It is below its 12-month average by 62.85% (32.17%).

BUD FCF Payout Ratio Chart

BUD FCF Payout Ratio
40.46%+69.49% 1Y
Zoom

BUD Average FCF Payout Ratio Chart

BUD Current vs Average FCF Payout Ratio Chart

BUD FCF Payout Ratio Metrics

FCF PAYOUT RATIO

11.95%

FCF PAYOUT RATIO AVG TTM

32.17%

FCF PAYOUT RATIO AVG 3Y

32.68%

FCF PAYOUT RATIO AVG 5Y

31.05%

FCF PAYOUT RATIO AVG 10Y

61.85%

FCF PAYOUT RATIO AVG 15Y

57.15%

FCF PAYOUT RATIO AVG 20Y

53.58%

CURRENT VS TTM AVG

-62.85%

CURRENT VS 3Y AVG

-63.43%

CURRENT VS 5Y AVG

-61.52%

CURRENT VS 10Y AVG

-80.68%

CURRENT VS 15Y AVG

-79.09%

CURRENT VS 20Y AVG

-77.70%

Payout Ratio Comparison

FCF Payout Ratio

11.9%

Earnings Payout Ratio

39.0%

Dividend Yield

1.66%

FCF Yield

13.93%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$11.26B$4.56B40.5%
2024$11.17B$2.67B23.9%
2023$8.64B$3.02B34.9%
2022$7.77B$2.44B31.5%
2021$8.95B$2.36B26.4%
2020$6.20B$1.81B29.2%
2019$7.38B$5.01B68.0%
2018$8.65B$7.75B89.6%
2017$10.80B$9.37B86.8%
2016$5.12B$8.43B164.7%
2015$9.33B$7.93B85.0%
2014$9.71B$7.37B75.9%
2013$10.01B$6.27B62.6%
2012$10.06B$3.65B36.3%
2011$9.17B$3.11B33.9%
2010$7.55B$1.92B25.4%
2009$7.44B$1.32B17.7%
2008$3.50B$3.06B87.2%
2007$3.54B$1.05B29.8%
2006$2.54B$774.46M30.5%
2005$1.55B$704.00M45.5%
2004$710.34M$310.43M43.7%
2003$591.92M$211.58M35.7%
2002$459.62M$149.01M32.4%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Anheuser-Busch InBev SA/NV FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Anheuser-Busch InBev SA/NV FCF Payout Ratio FAQ

What is the FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The FCF payout ratio for BUD stock is 11.95%.
Is Anheuser-Busch InBev SA/NV's FCF payout ratio high or low?
Anheuser-Busch InBev SA/NV's FCF payout ratio of 11.95% is 62% below its 5-year average of 31.05%, near the low end of its 5-year range (23.87%–40.46%).
What is the TTM average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The TTM average FCF payout ratio for BUD stock is 32.17%.
What is the 3Y average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The 3Y average FCF payout ratio for BUD stock is 32.68%.
What is the 5Y average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The 5Y average FCF payout ratio for BUD stock is 31.05%.
What is the 10Y average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The 10Y average FCF payout ratio for BUD stock is 61.85%.
What is the 15Y average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The 15Y average FCF payout ratio for BUD stock is 57.15%.
What is the 20Y average FCF payout ratio for Anheuser-Busch InBev SA/NV (BUD)?
The 20Y average FCF payout ratio for BUD stock is 53.58%.

Anheuser-Busch InBev SA/NV FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3140.46%
2024-12-3123.87%
2023-12-3134.93%
2022-12-3131.45%
2021-12-3126.37%
2020-12-3129.24%
2019-12-3167.98%
2018-12-3189.59%
2017-12-3186.77%
2016-12-31164.69%
2015-12-3185.00%
2014-12-3175.91%
2013-12-3162.56%
2012-12-3136.31%
2011-12-3133.90%
2010-12-3125.45%
2009-12-3117.72%
2008-12-3187.18%
2007-12-3129.77%
2006-12-3130.53%
2005-12-3145.48%
2004-12-3143.70%
2003-12-3135.74%
2002-12-3132.42%

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