Anheuser-Busch InBev SA Debt-to-Equity Ratio Growth & History (BUD)
Anheuser-Busch InBev SA's debt-to-equity ratio was 0.84 for fiscal 2025.
View full Anheuser-Busch InBev SA company overviewAnheuser-Busch InBev SA annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.84 | −0.09 | −9.32% |
| 2024 | 2024-12-31 | 0.92 | −0.03 | −3.41% |
| 2023 | 2023-12-31 | 0.96 | −0.13 | −12.37% |
| 2022 | 2022-12-31 | 1.09 | — | — |
| 2019 | 2019-12-31 | 1.39 | −0.37 | −21.26% |
| 2018 | 2018-12-31 | 1.76 | 0.16 | +9.82% |
| 2017 | 2017-12-31 | 1.60 | −0.11 | −6.66% |
| 2016 | 2016-12-31 | 1.72 | — | — |
Anheuser-Busch InBev SA quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.77 | −0.16 | −17.45% |
| Q4 2025 | 2025-12-31 | 0.84 | −0.09 | −9.32% |
| Q2 2025 | 2025-06-30 | 0.94 | — | — |
| Q4 2024 | 2024-12-31 | 0.92 | — | — |
| Q4 2019 | 2019-12-31 | 1.39 | −0.37 | −21.26% |
| Q4 2018 | 2018-12-31 | 1.76 | 0.16 | +9.82% |
| Q2 2018 | 2018-06-30 | 1.71 | — | — |
| Q4 2017 | 2017-12-31 | 1.60 | −0.11 | −6.66% |
| Q4 2016 | 2016-12-31 | 1.72 | — | — |
Anheuser-Busch InBev SA debt-to-equity ratio trends
Between the periods ended 2016-12-31 and 2025-12-31, Anheuser-Busch InBev SA's debt-to-equity ratio decreased from 1.72 to 0.84, a change of −0.88. The latest reported quarter, Q2 2026, shows 0.77.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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