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Anheuser-Busch InBev SA/NV stock: key metrics
ABI.BRAnheuser-Busch InBev SA/NV had an operating margin of 26.4% and a return on invested capital (ROIC) of 7.6% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 58.8% | 23.5% | 16.0% |
| 2007 | 58.9% | 29.8% | 15.2% |
| 2008 | 56.0% | 22.7% | 8.2% |
| 2009 | 53.2% | 31.5% | 12.5% |
| 2010 | 55.5% | 30.0% | 11.1% |
| 2011 | 57.5% | 31.6% | 14.8% |
| 2012 | 58.7% | 32.1% | 18.0% |
| 2013 | 59.3% | 47.3% | 33.3% |
| 2014 | 60.1% | 32.1% | 19.6% |
| 2015 | 61.5% | 32.3% | 19.2% |
| 2016 | 60.9% | 28.3% | 2.7% |
| 2017 | 61.8% | 30.0% | 14.6% |
| 2018 | 62.4% | 30.9% | 8.2% |
| 2019 | 61.1% | 30.8% | 17.5% |
| 2020 | 58.1% | 20.5% | no data |
| 2021 | 57.5% | 25.5% | 8.6% |
| 2022 | 54.5% | 25.1% | 10.3% |
| 2023 | 53.9% | 23.5% | 9.0% |
| 2024 | 55.3% | 25.9% | 9.8% |
| 2025 | 55.9% | 26.4% | 11.5% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 16.2% | 13.4% | 8.1% |
| 2007 | 15.0% | 17.7% | 7.1% |
| 2008 | 8.6% | 7.8% | 1.7% |
| 2009 | 15.2% | 10.8% | 4.1% |
| 2010 | 11.4% | 10.3% | 3.5% |
| 2011 | 15.4% | 13.0% | 5.1% |
| 2012 | 17.4% | 14.2% | 5.8% |
| 2013 | 28.6% | 21.4% | 10.2% |
| 2014 | 18.4% | 12.9% | 6.5% |
| 2015 | 19.6% | 11.9% | 6.1% |
| 2016 | 1.7% | 5.8% | 0.5% |
| 2017 | 11.0% | 7.3% | 3.2% |
| 2018 | 6.8% | 6.0% | 1.9% |
| 2019 | 12.1% | 7.1% | 3.9% |
| 2020 | no data | 2.8% | no data |
| 2021 | 6.8% | 6.3% | 2.1% |
| 2022 | 8.1% | 7.5% | 2.8% |
| 2023 | 6.5% | 6.7% | 2.4% |
| 2024 | 7.5% | 7.0% | 2.8% |
| 2025 | 7.8% | 7.6% | 3.1% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.