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BUD vs WMT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
BUD
Anheuser-Busch InBev SA/NV

Beverages - Alcoholic

Consumer DefensiveNYSE • BE
Market Cap$137.47B
5Y Perf.+70.4%
WMT
Walmart Inc.

Specialty Retail

Consumer DefensiveNYSE • US
Market Cap$1.04T
5Y Perf.+215.3%

BUD vs WMT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
BUD logoBUD
WMT logoWMT
IndustryBeverages - AlcoholicSpecialty Retail
Market Cap$137.47B$1.04T
Revenue (TTM)$119.82B$703.06B
Net Income (TTM)$12.57B$22.91B
Gross Margin55.2%24.9%
Operating Margin31.7%4.1%
Forward P/E18.7x44.8x
Total Debt$72.17B$67.09B
Cash & Equiv.$11.17B$10.73B

BUD vs WMTLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

BUD
WMT
StockMay 20May 26Return
Anheuser-Busch InBe… (BUD)100170.4+70.4%
Walmart Inc. (WMT)100315.3+215.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: BUD vs WMT

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: WMT leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and capital preservation and lower volatility. Anheuser-Busch InBev SA/NV is the stronger pick specifically for valuation and capital efficiency and profitability and margin quality. As sector peers, any of these can serve as alternatives in the same allocation.
BUD
Anheuser-Busch InBev SA/NV
The Value Play

BUD is the clearest fit if your priority is value and quality.

  • Lower P/E (18.7x vs 44.8x)
  • 10.5% margin vs WMT's 3.3%
  • 1.6% yield, vs WMT's 0.7%
Best for: value and quality
WMT
Walmart Inc.
The Income Pick

WMT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 37 yrs, beta 0.11, yield 0.7%
  • Rev growth 4.7%, EPS growth 13.3%, 3Y rev CAGR 5.3%
  • 5.0% 10Y total return vs BUD's -23.9%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthWMT logoWMT4.7% revenue growth vs BUD's 0.7%
ValueBUD logoBUDLower P/E (18.7x vs 44.8x)
Quality / MarginsBUD logoBUD10.5% margin vs WMT's 3.3%
Stability / SafetyWMT logoWMTBeta 0.11 vs BUD's 0.33, lower leverage
DividendsBUD logoBUD1.6% yield, vs WMT's 0.7%
Momentum (1Y)WMT logoWMT+35.1% vs BUD's +21.2%
Efficiency (ROA)WMT logoWMT7.9% ROA vs BUD's 6.0%, ROIC 14.7% vs 7.5%

BUD vs WMT — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

BUDAnheuser-Busch InBev SA/NV
FY 2020
transportation services, lease agreements and advertising services
100.0%$13M
WMTWalmart Inc.
FY 2025
Walmart U S
68.6%$462.4B
Walmart International
18.1%$121.9B
Sams Club
13.4%$90.2B

BUD vs WMT — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLWMTLAGGINGBUD

Income & Cash Flow (Last 12 Months)

BUD leads this category, winning 4 of 6 comparable metrics.

WMT is the larger business by revenue, generating $703.1B annually — 5.9x BUD's $119.8B. BUD is the more profitable business, keeping 10.5% of every revenue dollar as net income compared to WMT's 3.3%. On growth, WMT holds the edge at +5.8% YoY revenue growth, suggesting stronger near-term business momentum.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
RevenueTrailing 12 months$119.8B$703.1B
EBITDAEarnings before interest/tax$38.8B$42.8B
Net IncomeAfter-tax profit$12.6B$22.9B
Free Cash FlowCash after capex$32.2B$15.3B
Gross MarginGross profit ÷ Revenue+55.2%+24.9%
Operating MarginEBIT ÷ Revenue+31.7%+4.1%
Net MarginNet income ÷ Revenue+10.5%+3.3%
FCF MarginFCF ÷ Revenue+26.9%+2.2%
Rev. Growth (YoY)Latest quarter vs prior year+0.4%+5.8%
EPS Growth (YoY)Latest quarter vs prior year+32.3%+35.1%
BUD leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

BUD leads this category, winning 5 of 6 comparable metrics.

At 27.9x trailing earnings, BUD trades at a 42% valuation discount to WMT's 47.8x P/E. On an enterprise value basis, BUD's 9.4x EV/EBITDA is more attractive than WMT's 24.9x.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
Market CapShares × price$137.5B$1.04T
Enterprise ValueMkt cap + debt − cash$198.5B$1.10T
Trailing P/EPrice ÷ TTM EPS27.93x47.76x
Forward P/EPrice ÷ next-FY EPS est.18.69x44.77x
PEG RatioP/E ÷ EPS growth rate4.34x
EV / EBITDAEnterprise value multiple9.44x24.88x
Price / SalesMarket cap ÷ Revenue2.30x1.46x
Price / BookPrice ÷ Book value/share1.84x10.47x
Price / FCFMarket cap ÷ FCF12.28x25.00x
BUD leads this category, winning 5 of 6 comparable metrics.

Profitability & Efficiency

WMT leads this category, winning 8 of 9 comparable metrics.

WMT delivers a 22.3% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $14 for BUD. WMT carries lower financial leverage with a 0.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to BUD's 0.81x. On the Piotroski fundamental quality scale (0–9), BUD scores 9/9 vs WMT's 6/9, reflecting strong financial health.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
ROE (TTM)Return on equity+13.8%+22.3%
ROA (TTM)Return on assets+6.0%+7.9%
ROICReturn on invested capital+7.5%+14.7%
ROCEReturn on capital employed+8.7%+17.5%
Piotroski ScoreFundamental quality 0–996
Debt / EquityFinancial leverage0.81x0.67x
Net DebtTotal debt minus cash$61.0B$56.4B
Cash & Equiv.Liquid assets$11.2B$10.7B
Total DebtShort + long-term debt$72.2B$67.1B
Interest CoverageEBIT ÷ Interest expense2.53x11.85x
WMT leads this category, winning 8 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

WMT leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in WMT five years ago would be worth $28,660 today (with dividends reinvested), compared to $11,300 for BUD. Over the past 12 months, WMT leads with a +35.1% total return vs BUD's +21.2%. The 3-year compound annual growth rate (CAGR) favors WMT at 37.7% vs BUD's 8.8% — a key indicator of consistent wealth creation.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
YTD ReturnYear-to-date+27.2%+16.1%
1-Year ReturnPast 12 months+21.2%+35.1%
3-Year ReturnCumulative with dividends+28.7%+161.3%
5-Year ReturnCumulative with dividends+13.0%+186.6%
10-Year ReturnCumulative with dividends-23.9%+501.4%
CAGR (3Y)Annualised 3-year return+8.8%+37.7%
WMT leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

WMT leads this category, winning 2 of 2 comparable metrics.

WMT is the less volatile stock with a 0.11 beta — it tends to amplify market swings less than BUD's 0.33 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
Beta (5Y)Sensitivity to S&P 5000.33x0.11x
52-Week HighHighest price in past year$82.91$134.69
52-Week LowLowest price in past year$56.97$91.89
% of 52W HighCurrent price vs 52-week peak+96.4%+96.8%
RSI (14)Momentum oscillator 0–10064.256.2
Avg Volume (50D)Average daily shares traded2.0M17.1M
WMT leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Evenly matched — BUD and WMT each lead in 1 of 2 comparable metrics.

Wall Street rates BUD as "Buy" and WMT as "Buy". Consensus price targets imply 11.4% upside for BUD (target: $89) vs 5.2% for WMT (target: $137). For income investors, BUD offers the higher dividend yield at 1.64% vs WMT's 0.72%.

MetricBUD logoBUDAnheuser-Busch In…WMT logoWMTWalmart Inc.
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$89.00$137.22
# AnalystsCovering analysts4564
Dividend YieldAnnual dividend ÷ price+1.6%+0.7%
Dividend StreakConsecutive years of raises037
Dividend / ShareAnnual DPS$1.31$0.94
Buyback YieldShare repurchases ÷ mkt cap+0.7%+0.8%
Evenly matched — BUD and WMT each lead in 1 of 2 comparable metrics.
Key Takeaway

WMT leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). BUD leads in 2 (Income & Cash Flow, Valuation Metrics). 1 tied.

Best OverallWalmart Inc. (WMT)Leads 3 of 6 categories
Loading custom metrics...

BUD vs WMT: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is BUD or WMT a better buy right now?

For growth investors, Walmart Inc.

(WMT) is the stronger pick with 4. 7% revenue growth year-over-year, versus 0. 7% for Anheuser-Busch InBev SA/NV (BUD). Anheuser-Busch InBev SA/NV (BUD) offers the better valuation at 27. 9x trailing P/E (18. 7x forward), making it the more compelling value choice. Analysts rate Anheuser-Busch InBev SA/NV (BUD) a "Buy" — based on 45 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — BUD or WMT?

On trailing P/E, Anheuser-Busch InBev SA/NV (BUD) is the cheapest at 27.

9x versus Walmart Inc. at 47. 8x. On forward P/E, Anheuser-Busch InBev SA/NV is actually cheaper at 18. 7x.

03

Which is the better long-term investment — BUD or WMT?

Over the past 5 years, Walmart Inc.

(WMT) delivered a total return of +186. 6%, compared to +13. 0% for Anheuser-Busch InBev SA/NV (BUD). Over 10 years, the gap is even starker: WMT returned +501. 4% versus BUD's -23. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — BUD or WMT?

By beta (market sensitivity over 5 years), Walmart Inc.

(WMT) is the lower-risk stock at 0. 11β versus Anheuser-Busch InBev SA/NV's 0. 33β — meaning BUD is approximately 207% more volatile than WMT relative to the S&P 500. On balance sheet safety, Walmart Inc. (WMT) carries a lower debt/equity ratio of 67% versus 81% for Anheuser-Busch InBev SA/NV — giving it more financial flexibility in a downturn.

05

Which is growing faster — BUD or WMT?

By revenue growth (latest reported year), Walmart Inc.

(WMT) is pulling ahead at 4. 7% versus 0. 7% for Anheuser-Busch InBev SA/NV (BUD). On earnings-per-share growth, the picture is similar: Walmart Inc. grew EPS 13. 3% year-over-year, compared to 10. 0% for Anheuser-Busch InBev SA/NV. Over a 3-year CAGR, WMT leads at 5. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — BUD or WMT?

Anheuser-Busch InBev SA/NV (BUD) is the more profitable company, earning 9.

8% net margin versus 3. 1% for Walmart Inc. — meaning it keeps 9. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BUD leads at 25. 9% versus 4. 2% for WMT. At the gross margin level — before operating expenses — BUD leads at 55. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is BUD or WMT more undervalued right now?

On forward earnings alone, Anheuser-Busch InBev SA/NV (BUD) trades at 18.

7x forward P/E versus 44. 8x for Walmart Inc. — 26. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BUD: 11. 4% to $89. 00.

08

Which pays a better dividend — BUD or WMT?

All stocks in this comparison pay dividends.

Anheuser-Busch InBev SA/NV (BUD) offers the highest yield at 1. 6%, versus 0. 7% for Walmart Inc. (WMT).

09

Is BUD or WMT better for a retirement portfolio?

For long-horizon retirement investors, Walmart Inc.

(WMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 11), 0. 7% yield, +501. 4% 10Y return). Both have compounded well over 10 years (WMT: +501. 4%, BUD: -23. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between BUD and WMT?

Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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  • Dividend Yield > 0.6%
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WMT

Stable Dividend Mega-Cap

  • Sector: Consumer Defensive
  • Market Cap > $100B
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Beat Both

Find stocks that outperform BUD and WMT on the metrics below

Revenue Growth>
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(BUD: 0.4% · WMT: 5.8%)
Net Margin>
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(BUD: 10.5% · WMT: 3.3%)
P/E Ratio<
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(BUD: 27.9x · WMT: 47.8x)

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