Anheuser-Busch InBev SA/NV (BUD)

Anheuser-Busch InBev Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11,638	11,174	10,332	9,973	12,097
Short-Term Investments	306	221	67	97	374
Cash & Short-Term Investments	11,944	11,395	10,399	10,070	12,471
Cash Growth	4.82%	9.58%	3.27%	-19.25%	-20.30%
Accounts Receivable	6,161	3,852	4,417	3,707	3,564
Other Receivables	785	1,652	1,955	2,026	1,513
Receivables	6,946	5,504	6,372	5,733	5,077
Inventory	5,107	5,020	5,583	6,612	5,399
Prepaid Expenses	-	493	474	410	350
Other Current Assets	773	587	539	361	652
Total Current Assets	24,770	22,999	23,367	23,186	23,949
Property, Plant & Equipment	23,664	23,503	26,818	26,671	26,678
Long-Term Investments	5,163	4,780	5,050	4,831	6,035
Goodwill	117,908	110,479	117,043	113,010	115,796
Other Intangible Assets	41,985	40,034	41,286	40,209	40,430
Long-Term Accounts Receivable	1,871	220	282	308	336
Long-Term Deferred Tax Assets	2,708	2,493	2,935	2,300	1,969
Other Long-Term Assets	739	2,129	2,559	2,428	2,434
Total Assets	218,808	206,637	219,340	212,943	217,627
Accounts Payable	25,455	16,010	17,729	18,589	17,810
Accrued Expenses	-	6,536	7,036	6,728	6,724
Short-Term Debt	14	-	17	83	53
Current Portion of Long-Term Debt	885	977	3,308	692	1,059
Current Portion of Leases	-	556	703	529	447
Current Income Taxes Payable	1,825	1,805	1,583	1,438	1,334
Other Current Liabilities	6,296	7,182	6,780	6,324	6,757
Total Current Liabilities	34,475	33,066	37,156	34,383	34,184
Long-Term Debt	72,128	69,039	72,187	76,917	85,539
Long-Term Leases	-	1,748	2,126	1,963	1,830
Pension & Post-Retirement Benefits	1,275	1,296	1,673	1,534	2,261
Long-Term Deferred Tax Liabilities	11,400	11,321	11,874	11,818	12,204
Other Long-Term Liabilities	1,794	1,467	1,648	2,050	2,269
Total Liabilities	121,072	117,937	126,664	128,665	138,287
Common Stock	1,736	1,736	1,736	1,736	1,736
Additional Paid-In Capital	17,620	17,620	17,620	17,620	17,620
Retained Earnings	50,128	46,577	42,215	38,823	33,882
Treasury Stock	-	-3,886	-3,465	-3,706	-3,994
Comprehensive Income & Other	17,803	16,190	23,742	18,925	19,425
Total Common Equity	87,287	78,237	81,848	73,398	68,669
Minority Interest	10,449	10,463	10,828	10,880	10,671
Shareholders' Equity	97,736	88,700	92,676	84,278	79,340
Total Liabilities & Equity	218,808	206,637	219,340	212,943	217,627
Total Debt	73,027	72,320	78,341	80,184	88,928
Net Cash (Debt)	-61,083	-60,925	-67,942	-70,114	-76,457
Net Cash Per Share	-30.79	-29.81	-33.08	-34.20	-37.39
Filing Date Shares Outstanding	1,984	1,975	1,984	1,984	1,981
Total Common Shares Outstanding	1,984	1,975	1,984	1,984	1,981
Working Capital	-9,705	-10,067	-13,789	-11,197	-10,235
Book Value Per Share	44.00	39.61	41.26	37.00	34.66
Tangible Book Value	-72,606	-72,276	-76,481	-79,821	-87,557
Tangible Book Value Per Share	-36.60	-36.59	-38.55	-40.24	-44.20
Land	-	12,325	13,071	12,591	12,374
Machinery	-	38,055	39,782	37,473	35,907
Construction In Progress	-	1,166	1,669	2,205	2,462

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q