Anheuser-Busch InBev SA Free Cash Flow (FCF) History (BUD)
Anheuser-Busch InBev SA reported $11.23B in free cash flow for fiscal 2025, an increase of 0.31% from the previous fiscal year, with a free cash flow margin of 18.93%.
View full Anheuser-Busch InBev SA company overviewAnheuser-Busch InBev SA free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $11.23B | $35.0M | +0.31% | +18.93% |
| 2024 | 2024-12-31 | $11.19B | $2.56B | +29.73% | +18.73% |
| 2023 | 2023-12-31 | $8.63B | $489.0M | +6.01% | +14.53% |
| 2022 | 2022-12-31 | $8.14B | −$1.02B | −11.15% | +14.08% |
| 2021 | 2021-12-31 | $9.16B | $2.05B | +28.82% | +16.87% |
| 2020 | 2020-12-31 | $7.11B | −$1.75B | −19.77% | +15.17% |
| 2019 | 2019-12-31 | $8.86B | −$1.20B | −11.90% | +16.94% |
| 2018 | 2018-12-31 | $10.06B | −$181.0M | −1.77% | +18.96% |
| 2017 | 2017-12-31 | $10.24B | $5.11B | +99.57% | +18.67% |
| 2016 | 2016-12-31 | $5.13B | −$4.24B | −45.25% | +11.27% |
| 2015 | 2015-12-31 | $9.37B | — | — | +21.76% |
Anheuser-Busch InBev SA quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
Anheuser-Busch InBev SA free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $7.11B to $11.23B, a compound annual growth rate of 9.57%.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Anheuser-Busch InBev SA filings at SEC.gov ↗