Anheuser-Busch InBev SA/NV (BUD) Earnings History
Elite Compounder24 years of earnings data (2002–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
Loading earnings history...
Anheuser-Busch InBev SA/NV (BUD) Earnings Overview
As of October 24, 2026, Anheuser-Busch InBev SA/NV (BUD) reported trailing twelve-month net income of $15.96B, reflecting +21.0% year-over-year growth. The company earned $8.07 per diluted share over the past four quarters, with a net profit margin of 11.5%.
Looking at the long-term picture, BUD's 5-year EPS compound annual growth rate (CAGR) stands at +37.7%, indicating exceptional earnings growth. The company achieved its highest annual net income of $14.39B in fiscal 2013.
Anheuser-Busch InBev SA/NV maintains positive profitability with a gross margin of 55.9%, operating margin of 26.4%, and net margin of 11.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including TAP (-$2.31B net income, -19.2% margin), SAM (-$70M net income, 5.2% margin), ABEV ($16.25B net income, 17.6% margin), BUD has outperformed on profitability metrics. Compare BUD vs TAP →
BUD Earnings vs Peers
Earnings metrics vs comparable public companies
BUD Historical Earnings Data (2002–2025)
24 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.84B | +16.8% | $15.65B | $3.46 | 11.5% | 26.4% |
| 2024 | $5.86B | +9.6% | $15.49B | $2.86 | 9.8% | 25.9% |
| 2023 | $5.34B | -10.5% | $13.97B | $2.60 | 9.0% | 23.5% |
| 2022 | $5.97B | +27.8% | $14.52B | $2.91 | 10.3% | 25.1% |
| 2021 | $4.67B | +232.4% | $13.82B | $2.28 | 8.6% | 25.5% |
| 2020 | $1.41B | -84.7% | $9.62B | $0.70 | 3.0% | 20.5% |
| 2019 | $9.17B | +109.9% | $16.10B | $4.53 | 17.5% | 30.8% |
| 2018 | $4.37B | -45.3% | $16.41B | $2.17 | 8.2% | 30.9% |
| 2017 | $7.99B | +543.8% | $16.46B | $3.98 | 14.6% | 30.0% |
| 2016 | $1.24B | -85.0% | $12.88B | $0.71 | 2.7% | 28.3% |
| 2015 | $8.27B | -10.2% | $13.39B | $5.84 | 19.0% | 30.7% |
| 2014 | $9.22B | -36.0% | $15.11B | $5.54 | 19.6% | 32.1% |
| 2013 | $14.39B | +101.0% | $20.44B | $8.72 | 33.3% | 47.3% |
| 2012 | $7.16B | +23.9% | $12.75B | $4.45 | 18.0% | 32.1% |
| 2011 | $5.78B | +43.5% | $12.35B | $3.63 | 14.8% | 31.6% |
| 2010 | $4.03B | -12.7% | $10.90B | $2.50 | 11.1% | 30.0% |
| 2009 | $4.61B | +139.4% | $11.57B | $2.91 | 12.5% | 31.5% |
| 2008 | $1.93B | -35.9% | $5.34B | $1.93 | 8.2% | 22.7% |
| 2007 | $3.00B | +7.1% | $5.87B | $3.06 | 15.2% | 29.8% |
| 2006 | $2.81B | +69.0% | $4.13B | $1.90 | 16.0% | 23.5% |
| 2005 | $1.66B | +36.4% | $2.60B | $1.11 | 12.0% | 18.9% |
| 2004 | $1.22B | +91.4% | $1.78B | $1.26 | 10.5% | 15.3% |
| 2003 | $636M | +29.8% | $1.06B | $0.91 | 7.2% | 11.9% |
| 2002 | $490M | - | $764M | $0.70 | 6.7% | 10.4% |
Download Data
Export BUD earnings history in CSV or JSON format
Free sign-in required to download data
BUD Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
BUD Stock Analysis
Bull/bear thesis, analyst target revisions, and earnings execution.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
24+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BUD — Frequently Asked Questions
Quick answers to the most common questions about buying BUD stock.
What is BUD earnings per share (EPS)?
BUD trailing twelve-month (TTM) diluted EPS is $8.07, reflecting +21.0% year-over-year growth. The 5-year EPS CAGR is +37.7%. Complete EPS history from 2002 to 2025 is available in the table on this page.
What is Anheuser-Busch InBev SA/NV's net income?
Anheuser-Busch InBev SA/NV (BUD) trailing twelve-month net income is $16.0B as of 2025. Earnings grew +21.0% year-over-year. Anheuser-Busch InBev SA/NV has been profitable for 24 consecutive years.
Is BUD profitable?
Yes, BUD is profitable with a TTM net income of $16.0B and a net profit margin of +11.5%. Anheuser-Busch InBev SA/NV has generated profits for 24 consecutive years.
What is BUD's earnings growth rate?
BUD compound annual EPS growth rates (CAGR): 1-Year: +21.0%, 3-Year: +5.9%, 5-Year: +37.7%, 10-Year: -5.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2002 to 2025.
What are BUD's profit margins?
Anheuser-Busch InBev SA/NV net profit margin is +11.5%, operating margin is +26.4%, and gross margin is +55.9%. Margins are within a typical range for the sector. Return on Equity is +7.3%.
Is BUD growing earnings?
Yes, BUD earnings are accelerating — EPS growth of +21.0% exceeds the 5-year CAGR of +37.7%. TTM net income reached $16.0B. Earnings momentum is strengthening.
What was BUD's best earnings year?
Anheuser-Busch InBev SA/NV's highest annual net income on record is $14.4B, achieved in fiscal year 2013. Earnings history on this page spans 2002 to 2025 and includes all annual and quarterly figures.
What were BUD's earnings last quarter?
BUD's most recent reported quarter was Q2 2026. Net income was $6.3B with diluted EPS of $3.19. For a full breakdown of all quarters, see the quarterly earnings table on this page.