Headquartered in Brouwerijplein 1, Leuven Fiscal year ends December NYSE: BUD ab-inbev.com
Anheuser-Busch InBev (AB InBev) is a global brewer with a portfolio of well over 400 beer brands, sold across more than 40 countries by approximately 137,000 employees.
Its brands include:
- **Global brands:** Budweiser, Corona, Stella Artois and Michelob ULTRA.
- **Multi-country brands:** Beck's, Hoegaarden and Leffe.
- **Local champions:** Bud Light, Brahma, Skol, Modelo Especial, Aguila, Castle, Harbin, Cass, Jupiler and Quilmes.
The company also sells no-alcohol beer such as Michelob Ultra Zero and Corona Cero. Its 'Beyond Beer' ready-to-drink portfolio includes Cutwater, Nutrl and BeatBox, of which it acquired 85% in February 2026. It also sells non-beer products, mainly carbonated soft drinks and energy drinks, particularly through its Ambev subsidiary in South America.
AB InBev reports six segments:
- North America
- Middle Americas (including Mexico, Colombia, Peru and Ecuador)
- South America (including Brazil and Argentina)
- EMEA (including Europe, South Africa and Nigeria)
- Asia Pacific (including China and South Korea)
- Global Export and Holding Companies
The company also runs digital platforms. These include the BEES B2B ordering and marketplace platform, which is live in 30 markets and captures 73% of revenues, and the direct-to-consumer services Zé Delivery, TaDa Delivery and PerfectDraft.
It reports under IFRS in U.S. dollars and is listed on Euronext Brussels. It has secondary listings in Mexico and South Africa, and its ADRs trade on the NYSE as BUD. Reported revenue for 2025 was USD 59.3 billion. Updated
Premiumization is carrying the whole portfolio: Corona, Stella Artois and Michelob Ultra lifted megabrand revenue 7.7%, topping expectations on both lines. China volumes fell 16.8%, and the interim dividend still more than doubled to 0.40 euros.
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Anheuser-Busch InBev (AB InBev) is a global brewer with a portfolio of well over 400 beer brands, sold across more than 40 countries by approximately 137,000 employees.
24/7 Wall St.'s 12-month price target for BUD is $99.40, rated Buy. The Wall Street consensus target is $94.53. BUD price prediction →
