Anheuser-busch Inbev SA vs Coca-Cola
Anheuser-busch Inbev SA is the larger business, with $59.32bn of revenue in fiscal 2025 against $47.94bn for Coca-Cola (1.2 times as much). Coca-Cola grew faster (1.9% against -0.7%). Coca-Cola kept more of each dollar of sales as profit: a net margin of 27.3% against 11.5%. Anheuser-busch Inbev SA carries less debt relative to equity (83.6% against 141.2%).
| Latest fiscal year | Anheuser-busch Inbev SABUD, 2025 | Coca-ColaKO, 2025 |
|---|---|---|
| Revenue | $59.32bn | $47.94bn |
| Revenue growth | -0.7% | 1.9% |
| Net income | $6.84bn | $13.11bn |
| Operating margin | 26.0% | 28.7% |
| Net margin | 11.5% | 27.3% |
| Return on equity | 8.3% | 46.0% |
| Free cash flow | $11.23bn | $5.30bn |
| Cash | $11.64bn | $10.27bn |
| Total debt | $73.01bn | $45.44bn |
| Debt to equity | 83.6% | 141.2% |
| Dividend per share | — | $2.04 |
| Dividend yield | 2.7% | 2.7% |
| Share buybacks | $2.30bn | $746m |
| Employees | — | 69,700 |
| Market value | $163.83bn | $409.38bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | — | 92 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 40 sales |