Anheuser-Busch InBev SA/NV (BUD)

Anheuser-Busch InBev Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	59,380	57,786	54,304	46,881	52,329
Revenue Growth (YoY)	2.76%	6.41%	15.83%	-10.41%	-1.34%
Cost of Revenue	27,396	26,305	23,097	19,634	20,362
Gross Profit	31,984	31,481	31,207	27,247	31,967
Selling, General & Admin	18,173	17,555	17,575	15,369	16,421
Other Operating Expenses	-154	-590	-191	2,258	-552
Operating Expenses	18,019	16,965	17,384	17,627	15,869
Operating Income	13,965	14,516	13,823	9,620	16,098
Interest Expense / Income	6,133	5,814	6,040	8,419	5,993
Other Expense / Income	257	805	763	-81	-1,429
Pretax Income	7,575	7,897	7,020	1,282	11,534
Income Tax	2,234	1,928	2,350	1,932	2,786
Net Income	5,341	5,969	4,670	-650	8,748
Net Income Growth	-10.52%	27.82%	-	-	127.87%
Shares Outstanding (Basic)	1,987	2,019	2,019	2,019	2,019
Shares Change	-1.61%	-0.00%	-	-	-
EPS (Basic)	2.65	2.97	2.33	0.70	4.62
EPS (Diluted)	2.60	2.91	2.28	0.69	4.53
EPS Growth	-10.65%	27.63%	230.43%	-84.77%	108.76%
Free Cash Flow	8,783	8,460	9,301	7,204	9,182
Free Cash Flow Per Share	4.42	4.19	4.61	3.57	4.55
Dividend Per Share	0.824	0.543	0.596	0.551	2.007
Dividend Growth	51.75%	-8.89%	8.17%	-72.55%	-40.83%
Gross Margin	53.86%	54.48%	57.47%	58.12%	61.09%
Operating Margin	23.52%	25.12%	25.45%	20.52%	30.76%
Profit Margin	8.99%	10.33%	8.60%	-1.39%	16.72%
Free Cash Flow Margin	14.79%	14.64%	17.13%	15.37%	17.55%
Effective Tax Rate	29.49%	24.41%	33.48%	150.70%	24.15%
EBITDA	19,119	18,789	18,112	14,530	22,184
EBITDA Margin	32.20%	32.51%	33.35%	30.99%	42.39%
Depreciation & Amortization	5,411	5,078	5,052	4,829	4,657
EBIT	13,708	13,711	13,060	9,701	17,527
EBIT Margin	23.09%	23.73%	24.05%	20.69%	33.49%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).