Anheuser-Busch InBev SA/NV (EBR:ABI)
Belgium · Delayed Price · Currency is EUR 75.20
+1.44 (1.95%)
Jul 31, 2026, 5:38 PM CET
Anheuser-Busch InBev Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 9,327 | 6,837 | 5,855 | 5,341 | 5,969 | 4,670 |
Depreciation & Amortization | 4,105 | 4,480 | 5,280 | 5,179 | 4,902 | 4,694 |
Other Amortization | 1,086 | 701 | - | - | - | - |
Asset Writedown & Restructuring Costs | 637 | 471 | 264 | 232 | 176 | 358 |
Loss (Gain) on Equity Investments | -391 | -387 | -433 | -260 | 844 | -248 |
Stock-Based Compensation | 586 | 625 | 644 | 570 | 448 | 510 |
Other Operating Activities | 1,474 | 2,980 | 3,842 | 4,162 | 1,656 | 2,731 |
Change in Accounts Receivable | -134 | -187 | 341 | -1,147 | -48 | 164 |
Change in Inventory | -41 | 87 | -149 | 717 | -1,547 | -1,232 |
Change in Accounts Payable | 1,077 | -298 | -215 | -1,110 | 1,249 | 3,527 |
Change in Other Net Operating Assets | -306 | -426 | -374 | -419 | -351 | -375 |
Operating Cash Flow | 17,420 | 14,883 | 15,055 | 13,265 | 13,298 | 14,799 |
Operating Cash Flow Growth | 14.67% | -1.14% | 13.49% | -0.25% | -10.14% | 35.88% |
Capital Expenditures | -3,658 | -3,656 | -3,863 | -4,638 | -5,160 | -5,640 |
Sale of Property, Plant & Equipment | 95 | 104 | 128 | 156 | 322 | 142 |
Cash Acquisitions | -753 | - | -46 | - | -70 | -444 |
Divestitures | 18 | 18 | - | 9 | - | - |
Other Investing Activities | 361 | 98 | 522 | 83 | 288 | 64 |
Investing Cash Flow | -3,937 | -3,436 | -3,259 | -4,390 | -4,620 | -5,878 |
Long-Term Debt Issued | - | 4,400 | 5,465 | 202 | 91 | 454 |
Long-Term Debt Repaid | - | -7,594 | -10,082 | -3,878 | -7,875 | -9,496 |
Net Debt Issued (Repaid) | -3,027 | -3,194 | -4,617 | -3,676 | -7,784 | -9,042 |
Repurchase of Common Stock | -1,701 | -2,301 | -937 | -362 | - | - |
Common Dividends Paid | -3,992 | -4,543 | -2,672 | -3,013 | -2,442 | -2,364 |
Other Financing Activities | -4,398 | -1,412 | -1,628 | -1,509 | -394 | -192 |
Financing Cash Flow | -13,118 | -11,450 | -9,854 | -8,560 | -10,620 | -11,598 |
Foreign Exchange Rate Adjustments | 118 | 452 | -1,082 | 109 | -211 | -526 |
Net Cash Flow | 483 | 449 | 860 | 424 | -2,153 | -3,203 |
Free Cash Flow | 13,762 | 11,227 | 11,192 | 8,627 | 8,138 | 9,159 |
Free Cash Flow Growth | 18.04% | 0.31% | 29.73% | 6.01% | -11.15% | 28.82% |
Free Cash Flow Margin | 21.98% | 18.93% | 18.73% | 14.53% | 14.08% | 16.87% |
Free Cash Flow Per Share | 6.85 | 5.56 | 5.48 | 4.20 | 3.97 | 4.48 |
Levered Free Cash Flow | 10,694 | 10,526 | 9,153 | 7,856 | 5,634 | 8,969 |
Unlevered Free Cash Flow | 12,757 | 12,612 | 11,389 | 10,297 | 8,013 | 11,376 |
Cash Interest Paid | 3,342 | 3,348 | 3,649 | 3,877 | 4,133 | 3,987 |
Cash Income Tax Paid | 3,314 | 3,240 | 3,134 | 2,696 | 2,582 | 2,410 |
Change in Working Capital | 596 | -824 | -397 | -1,959 | -697 | 2,084 |