
InBev has a rich history that spans over a century. The company was founded in 1886 in Leuven, Belgium by Adriaan Brouwer.
InBev's early success was largely due to its iconic beer, Stella Artois, which was first brewed in 1926.
The company continued to grow and expand its portfolio of brands, including Jupiler, which was introduced in 1966.
Today, InBev is one of the largest brewing companies in the world, with a presence in over 25 countries.
Company History
InBev was founded in 2004 through the merger of Interbrew and AmBev, two of the largest breweries in Europe and Latin America.
The company's name, InBev, is a combination of the words "Interbrew" and "AmBev".
The merger created a global brewing giant with operations in over 50 countries.
InBev's headquarters is located in Leuven, Belgium, where Interbrew was founded in 1366.
InBev's portfolio includes popular brands such as Budweiser, Stella Artois, and Corona.
Budweiser, one of the company's flagship brands, was first brewed in the United States in 1876.
InBev acquired Anheuser-Busch, the American brewer of Budweiser, in 2008.
InBev Timeline
In 2004, Interbrew and AmBev merged, creating InBev, a company that would eventually become the world's largest brewer.
InBev employed close to 89,000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific.
In 2006, InBev increased its share of Cerveza Quilmes, the largest beer manufacturer in Argentina, to 91%.
The Interbrew and AmBev merger was valued at $11.5 billion, combining the top brands from Belgium, Canada, Germany and Brazil.
Anheuser-Busch was established in 1852 in St. Louis, Missouri, US as Anheuser & Co.
InBev acquired Anheuser-Busch in 2008, creating Anheuser-Busch InBev (AB InBev), expanding on InBev's previous status as the world's largest brewer.
The acquisition was valued at $52 billion, with all shares of Anheuser-Busch being acquired for $70 per share in cash.
Anheuser-Busch employed over 30,000 people and operated 12 breweries in the United States and 17 others overseas.
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Financial Highlights
InBev's financial situation is a bit of a mixed bag. Total Cash is a healthy 7.37B as of the most recent quarter. The company's debt-to-equity ratio is a concerning 82.96% as of the most recent quarter.
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InBev's revenue is up, but its profit margins are not as high as they could be. The company's profitability metrics, such as Return on Assets and Return on Equity, are relatively low at 4.54% and 9.69%, respectively.
The brewer's cash flow is strong, with Levered Free Cash Flow coming in at 10.16B for the trailing 12 months. This suggests that InBev has the financial resources to invest in its business and pay off debt.
Here are some key financial highlights for InBev:
- Total Cash (mrq): 7.37B
- Total Debt/Equity (mrq): 82.96%
- Levered Free Cash Flow (ttm): 10.16B
- Revenue (ttm): 58.52B
- Net Income Avi to Common (ttm): 7.11B
- Diluted EPS (ttm): 2.99
Investor Information
Anheuser-Busch InBev's shares were down 5.6% at 54.86 euros, making them among the weakest performers in the FTSEurofirst300 index of leading European shares.
The company's shares are now also lower in the year to date, a sign that investors are cautious about its prospects.
AB InBev retained its forecast that earnings before interest, tax, depreciation and amortization (EBITDA) would grow by between 8% and 12% this year.
Here's a breakdown of the ownership structure of AB InBev:
The company's core profit clearly missed estimates, according to analysts at Citi, and the lack of upgrade to the forecast was another negative sign.
Analyst Recommendations
Analysts at Citi said AB InBev's core profit clearly missed estimates, excluding Brazilian tax credits.
AB InBev retained its forecast that earnings before interest, tax, depreciation, and amortization (EBITDA) would grow by between 8% and 12% this year.
The company's forecast was not upgraded despite revenue increasing at a faster pace, which is a negative sign for investors.
AB InBev shares were down 5.6% at 54.86 euros, making them among the weakest performers in the FTSEurofirst300 index of leading European shares.
The company's shares are now also lower in the year to date, which may be a concern for investors.
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Aktionärsstruktur
The ownership structure of the company is a crucial factor to consider when investing.
Around 53.76% of the company is held by freefloat, which means that a significant portion of the shares are available for public trading.
Individual shareholders own approximately 33.38% of the company, giving them a substantial stake in its operations.
Institutional investors, such as pension funds and mutual funds, hold around 20.38% of the company, providing stability and long-term support.
Here is a breakdown of the ownership structure:
Anheuser-Busch Overview
Anheuser-Busch InBev is the world's largest brewer, with a portfolio of over 500 beer brands. Anheuser-Busch was established in 1852 in St. Louis, Missouri, US as Anheuser & Co.
The company was acquired by InBev in 2008 for $52 billion, creating Anheuser-Busch InBev (AB InBev). This acquisition expanded InBev's status as the world's largest brewer.
Anheuser-Busch InBev operates in multiple regions, including North America, South America, Europe, and the Asia Pacific. The company's portfolio includes well-known brands such as Budweiser, Corona Extra, and Stella Artois.
The company's revenue per share has been steadily increasing, from €27.07 in 2021 to €29.45 in 2023.
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Anheuser-Busch Overview: Brewers, Defensive
Anheuser-Busch InBev is a Belgian-Brazilian brewing company that produces and distributes beer in over 25 countries. It was founded in 1366.
The company has a diverse portfolio of over 500 beer brands, including Budweiser, Corona Extra, Stella Artois, and Michelob Ultra. Anheuser-Busch InBev also offers spirits-based ready-to-drink and non-alcoholic beverages.
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Anheuser-Busch InBev has a significant presence in the global beer market, with a market share of around 25%. The company's revenue has consistently grown over the years, with a revenue of €28.37 per share in 2022.
Here is a breakdown of Anheuser-Busch InBev's revenue per share for the past few years:
Anheuser-Busch InBev's market capitalization is around €95.43 billion, making it one of the largest companies in the world. The company's stock is listed on the Euronext Brussels exchange, and it has a trading volume of around 3,930 shares per day.
Anheuser-Busch InBev's headquarters is located in Leuven, Belgium, and the company has a global presence with operations in over 25 countries.
Grupo Modelo
Grupo Modelo was a significant acquisition for AB InBev, making the company a major player in the global brewing industry. In 2013, AB InBev bought Grupo Modelo, Mexico's leading brewer and owner of the Corona brand, for a whopping US$20.1 billion.
This massive deal was made to satisfy US anti-trust demands, so AB InBev had to sell off some of its assets. On June 7, 2013, the company sold its Grupo Modelo's US business to Constellation Brands for approximately US$4.75 billion.
Anheuser-Busch Details
Anheuser-Busch InBev was formed in 2008 through the acquisition of Anheuser-Busch by InBev for $52 billion.
Anheuser-Busch was established in 1852 in St. Louis, Missouri, and was the largest brewing company in the United States at the time, employing over 30,000 people.
The company operated 12 breweries in the United States and 17 others overseas, producing a range of beers including Budweiser, Busch, and Michelob.
Anheuser-Busch InBev's portfolio includes approximately 500 beer brands, with top brands including Budweiser, Corona Extra, Stella Artois, and Michelob Ultra.
The company's revenue per share has been steadily increasing, from $27.07 in 2021 to $29.45 in 2023.
Anheuser-Busch InBev's dividend per share has also increased, from $0.57 in 2021 to $1.17 in 2025.
Here are some key statistics about Anheuser-Busch InBev's stock:
Anheuser-Busch InBev's stock has a market capitalization of 95.43 billion EUR and a dividend yield of 1.71%.
Controversies and Issues
In 2017, InBev was criticized for engaging in anti-competitive practices after purchasing the entire supply of South African hops from SAB Hop Farms, making them unavailable to US craft brewers.
This move was part of the SABMiller purchase, and it raised concerns about the company's business tactics.
InBev was also accused of similar anti-competitive behavior in its purchase of Northern Brewer, the largest homebrew-supply chain in the US, through its venture arm ZX Ventures.
The company's acquisition of a stake in the beer rating website RateBeer the following month further fueled concerns about conflict of interest.
Frequently Asked Questions
What beer does InBev make?
InBev brews a range of popular beers, including global brands like Budweiser, Corona, and Stella Artois, as well as international brands like Beck's and Hoegaarden. Explore our diverse portfolio to discover more about our beers.
What does AB InBev own?
AB InBev owns a diverse portfolio of 630 beer brands, including global icons like Budweiser and Corona, as well as local favorites from around the world. The company's extensive brand collection offers something for every taste and preference.
Why would I want to work at AB InBev?
AB InBev is a leading company in the alcoholic beverage industry, committed to innovation and sustainability. Join our team to be part of a dynamic and forward-thinking organization.
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