Anheuser-Busch InBev stock holds steady on last reported 2025 numbers
Published on 08/10/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Anheuser-Busch InBev (BE0974293251) remains anchored by its latest reported 2025 figures, with revenue at EUR 59.8 billion, normalized EBITDA at USD 15.3 billion and total volumes at 107.3 billion hectoliters. The brewer is listed in Brussels, and the latest reported numbers still frame how investors read Anheuser-Busch InBev stock today.
EUR 59.8 billion revenue
Revenue reached EUR 59.8 billion in 2025, while reported EBITDA was USD 16.0 billion and normalized EBITDA was USD 15.3 billion. That gap between reported and normalized profit is one of the cleaner ways to judge how much of the year was driven by one-off items rather than recurring operating strength.
Volumes of 107.3 billion hectoliters in 2025 give the revenue line more context. The scale matters because a brewer with global reach can show a different mix effect from region to region even when the top line looks stable overall.
EBITDA of USD 15.3 billion
Normalized EBITDA of USD 15.3 billion in 2025 is the number that investors usually read alongside margin and cash generation. In the same year, normalized profit attributable to equity holders was USD 7.4 billion, which puts the earnings base in perspective against the larger revenue pool.
The 2025 report also showed net debt of USD 61.1 billion. That balance sheet figure matters because debt service, refinancing costs and cash conversion can matter as much as sales growth in a capital-intensive consumer staples group.
AB InBev latest annual report
The 2025 figures remain the cleanest reference point for the stock until a newer report changes the earnings base.
107.3 billion hectoliters
Total volumes of 107.3 billion hectoliters in 2025 show how large the operating base remains across beer and adjacent beverage categories. The number also helps explain why even small changes in pricing, mix or distribution can have an outsized effect on earnings.
For a consumer staples group of this size, the stock story is less about a single quarter and more about whether revenue, EBITDA and leverage move in the same direction over a full reporting cycle. On the latest annual figures, they still offer a consistent starting point for that analysis.
Beer and beyond
Beer remains the core product line, with global brands such as Budweiser, Stella Artois and Corona sitting at the center of the portfolio. That brand scale is part of why 2025 revenue of EUR 59.8 billion and EBITDA of USD 15.3 billion matter more than any one local market print.
The company's investor materials show that the business is still assessed through earnings quality, debt reduction and volume discipline rather than through a single product cycle. That combination keeps the valuation discussion tied to recurring operating numbers rather than headline brand strength alone.
Brussels listing
AB InBev stock is traded in Brussels, and the company remains one of the most closely watched global beverage names for European investors. The latest reported year gives the key anchors: EUR 59.8 billion in revenue, USD 15.3 billion in normalized EBITDA and USD 61.1 billion in net debt.
AB InBev stock facts
- Company: Anheuser-Busch InBev S.A./N.V.
- ISIN: BE0974293251
- Ticker: EBR: ABI
- Trading venue: Euronext Brussels
- Sector / Industry: Consumer Staples / Beverages
- Price: not included
- Market capitalization: not included
- Index membership: EURO STOXX 50
