Business Segments Anheuser-Busch InBev SA/NV

Equities

ABI

BE0974293251

Brewers

Real-time Euronext Bruxelles Other stock markets 07:11:23 19/05/2026 pm IST			5-day change	1st Jan Change
70.06 ^EUR	+0.63%		+3.03%	+27.61%

04:42pm	AB INBEV : Receives a Buy rating from Bernstein	ZD
13/05	Anheuser-Busch Invests $5 Million in Ohio Brewery	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Beer, Ale and Malt Beverages
Beer Business	4.93TCr	5.15TCr	5.26TCr	5.27TCr	5.3TCr
Soda and other Carbonated Drinks
Non-Beer Business (Soft Drinks and Other Business)	497.1Cr	624.2Cr	673.5Cr	705Cr	626.9Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Middle Americas	1.25TCr	1.42TCr	1.63TCr	1.71TCr	1.74TCr
Total Assets	6.75TCr	6.63TCr	7.42TCr	6.66TCr	7.36TCr
D&A	113.8Cr	132.6Cr	148.7Cr	151.1Cr	134.3Cr
CAPEX	-130.7Cr	-131.9Cr	-137.1Cr	-116.8Cr	-92Cr
Gross Profit	811.3Cr	863.9Cr	996.9Cr	1.08TCr	1.12TCr
Operating Income	498.8Cr	523.8Cr	622.8Cr	688.9Cr	734.2Cr
EBITDA	612.6Cr	656.4Cr	771.5Cr	840Cr	868.5Cr
United States	1.43TCr	1.46TCr	1.32TCr	1.28TCr	1.24TCr
EMEA (Excl. Belgium)	740.9Cr	748.8Cr	798.3Cr	831.1Cr	880.6Cr
Total Assets	3.16TCr	2.84TCr	2.7TCr	2.56TCr	2.86TCr
Brazil	650Cr	825.6Cr	925.7Cr	906.3Cr	876.6Cr
Asia Pacific	684.8Cr	653.2Cr	682.4Cr	619.6Cr	569.3Cr
Total Assets	1.35TCr	1.24TCr	1.2TCr	1.1TCr	1.1TCr
D&A	71Cr	67Cr	66Cr	65Cr	61Cr
CAPEX	-60Cr	-50Cr	-50Cr	-38Cr	-31Cr
Gross Profit	380Cr	336.4Cr	355.1Cr	322.7Cr	295.2Cr
Operating Income	160.9Cr	143.3Cr	153.1Cr	128.4Cr	109.4Cr
EBITDA	232.1Cr	210.4Cr	218.6Cr	193.3Cr	170Cr
South America (Excl. Brazil)	299.4Cr	334.3Cr	278.3Cr	336Cr	318.8Cr
North America (Excl. United States)	199.8Cr	198.6Cr	190.4Cr	186.3Cr	183.1Cr
Belgium	62Cr	63Cr	61Cr	69Cr	70Cr
Total Assets	245.7Cr	253.3Cr	234.1Cr	233.1Cr	222.1Cr
Unallocated	113.3Cr	79Cr	51Cr	42Cr	59Cr
Total Assets	197.3Cr	250.5Cr	280.8Cr	303.6Cr	346.1Cr
D&A	36Cr	39Cr	44Cr	54Cr	66Cr
CAPEX	-66Cr	-64Cr	-50Cr	-49Cr	-63Cr
Gross Profit	25Cr	5Cr	-9Cr	-13Cr	-7.9Cr
Operating Income	-145.7Cr	-139.6Cr	-154.2Cr	-160.4Cr	-151.3Cr
EBITDA	-109.3Cr	-100.4Cr	-110.6Cr	-106.5Cr	-85Cr
South America	-	-	-	-	-
Total Assets	1.29TCr	1.43TCr	1.48TCr	1.28TCr	1.38TCr
D&A	76Cr	87Cr	100.8Cr	102.9Cr	96Cr
CAPEX	-115.4Cr	-100.1Cr	-83Cr	-70Cr	-66Cr
Gross Profit	473Cr	562.3Cr	605.6Cr	635Cr	606.6Cr
Operating Income	236.5Cr	263.8Cr	287.5Cr	302.4Cr	293.7Cr
EBITDA	312.5Cr	351.1Cr	388.4Cr	405.2Cr	390.1Cr
Latin America West	-	-	-	-	-
D&A	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
EBITDA	-	-	-	-	-
EMEA	-	-	-	-	-
D&A	101.4Cr	106.6Cr	104.1Cr	104.6Cr	107.9Cr
Total Assets	-	-	-	-	-
CAPEX	-105.1Cr	-101.1Cr	-91Cr	-67Cr	-75Cr
Gross Profit	423.9Cr	395.3Cr	394.4Cr	432.5Cr	467Cr
Operating Income	158.4Cr	154.6Cr	152.8Cr	180.1Cr	201.9Cr
EBITDA	259.8Cr	261.2Cr	257Cr	284.7Cr	309.8Cr
Latin America South	-	-	-	-	-
D&A	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
EBITDA	-	-	-	-	-
Latin America North	-	-	-	-	-
D&A	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
EBITDA	-	-	-	-	-
North America	-	-	-	-	-
Total Assets	6.37TCr	6.34TCr	6.29TCr	6.23TCr	6.14TCr
D&A	78Cr	75Cr	76Cr	72Cr	71Cr
CAPEX	-87Cr	-70Cr	-53Cr	-45Cr	-39Cr
Gross Profit	1.01TCr	985.1Cr	855.4Cr	841.9Cr	834.5Cr
Operating Income	534.9Cr	530.9Cr	397Cr	406.9Cr	397.5Cr
EBITDA	613.1Cr	605.7Cr	472.7Cr	479.1Cr	468.7Cr