Anheuser-Busch InBev Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	813,976	693,270	609,259	622,520	630,365	681,784
Market Cap Growth	37.58%	13.79%	-2.13%	-1.24%	-7.54%	-3.92%
Enterprise Value	1,184,948	1,129,855	1,076,227	1,055,496	1,133,769	1,199,599
Last Close Price	69.23	60.12	51.43	51.31	51.67	-
PE Ratio	21.61	18.41	16.83	24.02	19.98	26.20
PS Ratio	2.49	2.12	1.65	2.16	2.06	2.25
PB Ratio	1.51	1.29	1.11	1.38	1.42	1.54
P/FCF Ratio	13.16	11.21	8.80	14.87	14.65	13.36
P/OCF Ratio	9.93	8.46	6.54	9.67	8.97	8.27
EV/Sales Ratio	3.87	3.46	2.91	3.66	3.71	3.97
EV/EBITDA Ratio	11.17	10.56	8.79	11.60	11.48	11.83
EV/EBIT Ratio	14.29	13.08	11.38	15.13	14.88	15.30
EV/FCF Ratio	19.16	18.27	15.55	25.21	26.35	23.51
Debt / Equity Ratio	0.75	0.75	0.82	0.85	0.95	1.12
Debt / EBITDA Ratio	3.64	3.64	3.51	4.00	4.15	4.74
Debt / FCF Ratio	6.53	6.53	6.46	9.08	9.85	9.71
Net Debt / Equity Ratio	0.63	0.63	0.69	0.73	0.83	0.96
Net Debt / EBITDA Ratio	3.16	3.16	3.08	3.62	3.75	4.20
Net Debt / FCF Ratio	5.47	5.47	5.44	7.88	8.62	8.35
Asset Turnover	0.28	0.28	0.28	0.28	0.27	0.25
Inventory Turnover	5.16	5.16	5.05	4.49	4.38	4.68
Quick Ratio	0.53	0.53	0.51	0.45	0.46	0.51
Current Ratio	0.72	0.72	0.70	0.63	0.67	0.70
Return on Equity (ROE)	9.09%	9.09%	8.18%	7.79%	9.29%	7.75%
Return on Assets (ROA)	4.61%	4.61%	4.49%	4.16%	4.18%	3.96%
Return on Invested Capital (ROIC)	7.36%	7.60%	6.92%	6.90%	7.41%	6.41%
Return on Capital Employed (ROCE)	8.50%	8.50%	8.80%	7.90%	8.10%	7.70%
Earnings Yield	4.63%	5.43%	5.94%	4.16%	5.01%	3.82%
FCF Yield	7.60%	8.92%	11.36%	6.72%	6.83%	7.49%
Dividend Yield	1.02%	12.37%	12.45%	8.57%	8.20%	-
Payout Ratio	66.45%	66.45%	45.64%	56.41%	40.91%	50.62%
Buyback Yield / Dilution	1.27%	1.27%	0.49%	-0.19%	-0.24%	-2.35%
Total Shareholder Return	2.29%	13.64%	12.94%	8.38%	7.96%	-2.35%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.