Annual Income Statements for Anheuser-Busch InBev SA/NV
This table shows Anheuser-Busch InBev SA/NV's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Anheuser-Busch InBev SA/NV
No quarterly income statements for Anheuser-Busch InBev SA/NV are available.
Annual Cash Flow Statements for Anheuser-Busch InBev SA/NV
This table details how cash moves in and out of Anheuser-Busch InBev SA/NV's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
28,100 |
105,268 |
19,816 |
-3,248 |
17,569 |
8,752 |
-2,677 |
-1,942 |
315 |
21,957 |
20,836 |
| Net Cash From Operating Activities |
|
32,399 |
46,497 |
27,751 |
15,064 |
30,256 |
10,891 |
14,799 |
13,298 |
13,265 |
32,194 |
31,392 |
| Net Cash From Continuing Operating Activities |
|
32,399 |
46,497 |
27,751 |
14,230 |
30,256 |
9,079 |
15,422 |
12,805 |
12,560 |
32,194 |
31,392 |
| Net Income / (Loss) Continuing Operations |
|
9,867 |
2,769 |
0.00 |
5,157 |
0.00 |
147 |
6,114 |
7,597 |
6,891 |
0.00 |
0.00 |
| Depreciation Expense |
|
3,153 |
3,477 |
4,625 |
4,624 |
4,657 |
4,829 |
5,052 |
5,078 |
5,411 |
5,544 |
5,652 |
| Non-Cash Adjustments To Reconcile Net Income |
|
17,169 |
22,296 |
24,917 |
8,564 |
22,813 |
7,919 |
5,538 |
4,494 |
5,412 |
23,498 |
22,890 |
| Changes in Operating Assets and Liabilities, net |
|
2,210 |
17,955 |
-1,791 |
-4,115 |
2,786 |
-3,816 |
-1,282 |
-4,364 |
-5,154 |
3,152 |
2,850 |
| Net Cash From Investing Activities |
|
-4,761 |
4,546 |
11,321 |
-3,966 |
-5,239 |
6,336 |
-5,878 |
-4,337 |
-4,390 |
-3,735 |
-3,552 |
| Net Cash From Continuing Investing Activities |
|
-4,761 |
4,546 |
11,321 |
-3,877 |
-5,239 |
7,151 |
-5,498 |
-4,838 |
-4,482 |
-3,735 |
-3,552 |
| Purchase of Property, Plant & Equipment |
|
-4,749 |
-4,979 |
-4,680 |
-5,005 |
-5,174 |
-3,781 |
-5,640 |
-5,160 |
-4,638 |
-3,863 |
-3,656 |
| Sale of Property, Plant & Equipment |
|
809 |
211 |
538 |
437 |
320 |
10,932 |
142 |
322 |
156 |
128 |
104 |
| Net Cash From Financing Activities |
|
462 |
54,225 |
-19,256 |
-14,346 |
-7,448 |
-8,475 |
-11,598 |
-10,904 |
-8,560 |
-6,502 |
-7,004 |
| Net Cash From Continuing Financing Activities |
|
462 |
54,225 |
-19,256 |
-13,814 |
-7,448 |
-7,516 |
-11,633 |
-10,945 |
-7,697 |
-6,502 |
-7,004 |
| Repayment of Debt |
|
-15,780 |
-23,617 |
-23,333 |
-22,912 |
-30,592 |
-23,577 |
-9,496 |
-7,875 |
-3,878 |
-9,295 |
-6,861 |
| Payment of Dividends |
|
- |
-8,450 |
-9,275 |
-7,761 |
-5,015 |
-1,800 |
-2,364 |
-2,442 |
-3,013 |
-2,672 |
-4,543 |
| Issuance of Debt |
|
16,237 |
86,292 |
13,352 |
17,782 |
28,159 |
14,822 |
454 |
91 |
202 |
5,465 |
4,400 |
| Cash Interest Paid |
|
1,943 |
3,279 |
4,777 |
- |
4,450 |
- |
- |
- |
- |
3,649 |
3,348 |
| Cash Interest Received |
|
334 |
558 |
811 |
- |
523 |
- |
- |
- |
- |
594 |
462 |
| Cash Income Taxes Paid |
|
4,949 |
3,256 |
2,141 |
- |
3,136 |
- |
- |
- |
- |
3,134 |
3,240 |
Quarterly Cash Flow Statements for Anheuser-Busch InBev SA/NV
No quarterly cash flow statements for Anheuser-Busch InBev SA/NV are available.
Annual Balance Sheets for Anheuser-Busch InBev SA/NV
This table presents Anheuser-Busch InBev SA/NV's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
256,586 |
248,208 |
233,868 |
236,648 |
226,410 |
217,627 |
212,943 |
219,340 |
206,637 |
218,808 |
| Total Current Assets |
|
26,541 |
21,991 |
18,281 |
18,659 |
26,519 |
23,949 |
23,186 |
23,367 |
22,999 |
24,769 |
| Cash & Equivalents |
|
8,579 |
10,472 |
7,074 |
7,238 |
15,252 |
12,097 |
9,973 |
10,332 |
11,174 |
11,638 |
| Short-Term Investments |
|
5,741 |
- |
16 |
- |
533 |
621 |
331 |
505 |
554 |
583 |
| Accounts Receivable |
|
7,220 |
7,400 |
6,375 |
6,994 |
6,494 |
5,046 |
5,330 |
6,024 |
5,270 |
6,161 |
| Inventories, net |
|
3,889 |
4,119 |
4,234 |
4,427 |
4,482 |
5,429 |
6,612 |
5,583 |
5,020 |
5,107 |
| Current Deferred & Refundable Income Taxes |
|
1,112 |
- |
457 |
- |
- |
381 |
813 |
822 |
727 |
785 |
| Plant, Property, & Equipment, net |
|
26,219 |
26,716 |
27,615 |
26,565 |
26,419 |
26,678 |
26,671 |
26,818 |
23,503 |
23,664 |
| Plant, Property & Equipment, gross |
|
- |
26,716 |
27,615 |
26,565 |
-11,090 |
26,678 |
26,671 |
26,818 |
23,503 |
23,664 |
| Total Noncurrent Assets |
|
456,129 |
192,280 |
187,863 |
183,912 |
364,785 |
166,839 |
162,911 |
168,977 |
159,968 |
170,213 |
| Long-Term Investments |
|
4,324 |
6,667 |
6,136 |
6,063 |
6,143 |
5,874 |
4,656 |
4,872 |
4,612 |
5,002 |
| Goodwill |
|
135,864 |
140,940 |
133,311 |
128,114 |
120,971 |
115,796 |
113,010 |
117,043 |
110,479 |
117,908 |
| Intangible Assets |
|
44,789 |
45,874 |
44,831 |
42,452 |
41,527 |
40,430 |
40,209 |
41,286 |
40,034 |
41,985 |
| Noncurrent Deferred & Refundable Income Taxes |
|
1,261 |
-1,039 |
2,509 |
-649 |
2,019 |
3,106 |
3,183 |
3,779 |
2,963 |
3,152 |
| Other Noncurrent Operating Assets |
|
253,433 |
-1,911 |
1,076 |
-3,789 |
194,051 |
1,633 |
1,853 |
1,997 |
1,880 |
2,166 |
| Total Liabilities & Shareholders' Equity |
|
580,225 |
372,368 |
233,868 |
346,391 |
226,410 |
217,627 |
212,943 |
219,340 |
206,637 |
218,808 |
| Total Liabilities |
|
346,036 |
363,008 |
50,284 |
335,824 |
138,962 |
49,458 |
48,672 |
48,496 |
45,768 |
48,044 |
| Total Current Liabilities |
|
191,359 |
136,861 |
34,826 |
122,371 |
123,046 |
34,184 |
34,383 |
37,156 |
33,066 |
34,475 |
| Accounts Payable |
|
24,402 |
26,224 |
22,568 |
24,807 |
24,487 |
25,434 |
26,349 |
25,981 |
23,804 |
25,455 |
| Current Deferred & Payable Income Tax Liabilities |
|
3,845 |
- |
1,220 |
- |
- |
1,334 |
1,438 |
1,583 |
1,805 |
1,825 |
| Other Current Liabilities |
|
40,553 |
- |
6,340 |
- |
- |
5,955 |
5,484 |
5,587 |
6,008 |
6,296 |
| Total Noncurrent Liabilities |
|
154,677 |
226,147 |
127,153 |
213,453 |
15,916 |
104,104 |
94,282 |
89,508 |
84,871 |
86,596 |
| Noncurrent Deferred & Payable Income Tax Liabilities |
|
14,697 |
13,107 |
13,741 |
12,824 |
12,947 |
12,930 |
12,428 |
12,463 |
11,605 |
11,606 |
| Noncurrent Employee Benefit Liabilities |
|
3,014 |
2,971 |
2,681 |
2,834 |
2,964 |
2,261 |
1,534 |
1,673 |
1,296 |
1,275 |
| Other Noncurrent Operating Liabilities |
|
134,792 |
202,223 |
3,734 |
191,240 |
- |
1,444 |
1,439 |
1,209 |
1,250 |
1,587 |
| Total Equity & Noncontrolling Interests |
|
234,189 |
9,360 |
71,889 |
10,567 |
68,024 |
79,340 |
84,278 |
92,676 |
88,700 |
97,736 |
| Total Preferred & Common Equity |
|
224,103 |
1,736 |
136,374 |
1,736 |
68,024 |
68,669 |
73,398 |
81,848 |
78,237 |
87,287 |
| Preferred Stock |
|
- |
- |
17,620 |
- |
- |
17,620 |
17,620 |
17,620 |
17,620 |
17,620 |
| Total Common Equity |
|
224,103 |
1,736 |
46,865 |
1,736 |
68,024 |
51,049 |
55,777 |
64,227 |
60,617 |
69,667 |
| Common Stock |
|
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
1,736 |
| Retained Earnings |
|
28,214 |
- |
26,068 |
- |
30,870 |
33,882 |
38,823 |
42,215 |
46,577 |
50,128 |
| Other Equity Adjustments |
|
194,153 |
- |
19,061 |
- |
35,418 |
15,431 |
15,218 |
20,276 |
12,304 |
17,803 |
| Noncontrolling Interest |
|
10,086 |
7,624 |
7,404 |
8,831 |
- |
10,671 |
10,880 |
10,828 |
10,463 |
10,449 |
Quarterly Balance Sheets for Anheuser-Busch InBev SA/NV
This table presents Anheuser-Busch InBev SA/NV's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
Q4 2022 |
Q4 2023 |
Q4 2024 |
| Total Assets |
212,943 |
219,340 |
206,637 |
| Total Current Assets |
23,186 |
23,367 |
22,999 |
| Cash & Equivalents |
9,973 |
10,332 |
11,174 |
| Short-Term Investments |
331 |
505 |
554 |
| Accounts Receivable |
5,330 |
6,024 |
5,270 |
| Inventories, net |
6,612 |
5,583 |
5,020 |
| Current Deferred & Refundable Income Taxes |
813 |
822 |
727 |
| Plant, Property, & Equipment, net |
26,671 |
26,818 |
23,503 |
| Plant, Property & Equipment, gross |
26,671 |
26,818 |
23,503 |
| Total Noncurrent Assets |
162,911 |
168,977 |
159,968 |
| Long-Term Investments |
4,656 |
4,872 |
4,612 |
| Goodwill |
113,010 |
117,043 |
110,479 |
| Intangible Assets |
40,209 |
41,286 |
40,034 |
| Noncurrent Deferred & Refundable Income Taxes |
3,183 |
3,779 |
2,963 |
| Other Noncurrent Operating Assets |
1,853 |
1,997 |
1,880 |
| Total Liabilities & Shareholders' Equity |
212,943 |
219,340 |
206,637 |
| Total Liabilities |
48,672 |
48,496 |
45,768 |
| Total Current Liabilities |
34,383 |
37,156 |
33,066 |
| Accounts Payable |
26,349 |
25,981 |
23,804 |
| Current Deferred & Payable Income Tax Liabilities |
1,438 |
1,583 |
1,805 |
| Other Current Liabilities |
5,484 |
5,587 |
6,008 |
| Total Noncurrent Liabilities |
94,282 |
89,508 |
84,871 |
| Noncurrent Deferred & Payable Income Tax Liabilities |
12,428 |
12,463 |
11,605 |
| Noncurrent Employee Benefit Liabilities |
1,534 |
1,673 |
1,296 |
| Other Noncurrent Operating Liabilities |
1,439 |
1,209 |
1,250 |
| Total Equity & Noncontrolling Interests |
84,278 |
92,676 |
88,700 |
| Total Preferred & Common Equity |
73,398 |
81,848 |
78,237 |
| Preferred Stock |
17,620 |
17,620 |
17,620 |
| Total Common Equity |
55,777 |
64,227 |
60,617 |
| Common Stock |
1,736 |
1,736 |
1,736 |
| Retained Earnings |
38,823 |
42,215 |
46,577 |
| Other Equity Adjustments |
15,218 |
20,276 |
12,304 |
| Noncontrolling Interest |
10,880 |
10,828 |
10,463 |
Annual Metrics And Ratios for Anheuser-Busch InBev SA/NV
This table displays calculated financial ratios and metrics derived from Anheuser-Busch InBev SA/NV's official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,797,199,994.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,797,199,994.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
4.96 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Net Operating Profit after Tax (NOPAT) |
|
7,876 |
4,043 |
8,382 |
-727 |
20,775 |
662 |
2,260 |
11,578 |
10,546 |
10,868 |
11,529 |
| Return On Investment Capital (ROIC_SIMPLE) |
|
- |
- |
- |
- |
- |
- |
- |
13.74% |
11.38% |
12.25% |
11.80% |
| Earnings before Interest and Taxes (EBIT) |
|
10,919 |
7,585 |
10,265 |
7,150 |
18,472 |
2,834 |
7,889 |
14,816 |
14,261 |
15,816 |
15,783 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
14,072 |
11,062 |
14,890 |
11,774 |
23,129 |
7,663 |
12,941 |
19,894 |
19,672 |
21,360 |
21,435 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
0.00 |
-248,441 |
281,676 |
-191,661 |
216,782 |
-380,786 |
208,684 |
11,710 |
4,699 |
21,616 |
2,753 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
0.00 |
252,484 |
-20,810 |
170,124 |
-25,883 |
355,565 |
149,141 |
149,009 |
154,856 |
144,108 |
152,884 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
252,484 |
-273,294 |
190,934 |
-196,007 |
381,448 |
-206,424 |
-132 |
5,847 |
-10,748 |
8,776 |
| Book Value per Share |
|
$0.00 |
$0.00 |
$1.03 |
$27.68 |
$1.03 |
$40.17 |
$30.15 |
$32.11 |
$36.97 |
$34.89 |
$38.76 |
| Tangible Book Value per Share |
|
$0.00 |
$0.00 |
($109.30) |
($77.53) |
($99.71) |
($55.79) |
($62.12) |
($56.09) |
($54.17) |
($51.75) |
($50.20) |
| Total Capital |
|
0.00 |
356,748 |
127,843 |
71,889 |
113,541 |
166,588 |
79,440 |
84,278 |
92,676 |
88,700 |
97,736 |
| Total Debt |
|
0.00 |
122,559 |
118,483 |
0.00 |
102,974 |
98,564 |
100 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Long-Term Debt |
|
0.00 |
0.00 |
7,846 |
0.00 |
5,410 |
5.00 |
100 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Debt |
|
0.00 |
103,915 |
101,344 |
-13,226 |
89,673 |
76,636 |
-18,492 |
-14,960 |
-15,709 |
-16,340 |
-17,223 |
| Capital Expenditures (CapEx) |
|
3,940 |
4,768 |
4,142 |
4,568 |
4,854 |
-7,151 |
5,498 |
4,838 |
4,482 |
3,735 |
3,552 |
| Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
0.00 |
-56,579 |
-14,705 |
-23,635 |
-13,386 |
-13,753 |
-22,953 |
-21,501 |
-24,626 |
-21,795 |
-21,927 |
| Debt-free Net Working Capital (DFNWC) |
|
0.00 |
-42,259 |
-4,233 |
-16,545 |
-6,148 |
2,032 |
-10,235 |
-11,197 |
-13,789 |
-10,067 |
-9,706 |
| Net Working Capital (NWC) |
|
0.00 |
-164,818 |
-114,870 |
-16,545 |
-103,712 |
-96,527 |
-10,235 |
-11,197 |
-13,789 |
-10,067 |
-9,706 |
| Net Nonoperating Expense (NNE) |
|
-1,991 |
1,274 |
-784 |
-6,415 |
10,361 |
-1,540 |
-3,854 |
3,981 |
3,655 |
3,452 |
3,052 |
| Net Nonoperating Obligations (NNO) |
|
0.00 |
18,295 |
-30,170 |
98,235 |
-36,450 |
287,541 |
69,801 |
64,731 |
62,180 |
55,408 |
55,148 |
| Total Depreciation and Amortization (D&A) |
|
3,153 |
3,477 |
4,625 |
4,624 |
4,657 |
4,829 |
5,052 |
5,078 |
5,411 |
5,544 |
5,652 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$4.06 |
$2.21 |
$0.00 |
$0.70 |
$2.33 |
$0.00 |
$2.65 |
$2.92 |
$3.45 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
1.69B |
1.69B |
1.69B |
1.69B |
1.74B |
1.74B |
1.74B |
1.80B |
1.80B |
| Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$3.98 |
$2.17 |
$0.00 |
$0.69 |
$2.28 |
$0.00 |
$2.60 |
$2.86 |
$3.39 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
1.69B |
1.69B |
1.69B |
1.69B |
1.74B |
1.74B |
1.74B |
1.80B |
1.80B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
1.69B |
1.69B |
1.69B |
1.69B |
1.74B |
1.74B |
1.74B |
1.80B |
1.80B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
7,808 |
4,297 |
8,757 |
-495 |
20,775 |
1,455 |
2,260 |
11,578 |
10,546 |
10,868 |
11,529 |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Quarterly Metrics And Ratios for Anheuser-Busch InBev SA/NV
No quarterly metrics and ratios for Anheuser-Busch InBev SA/NV are available.