Anheuser-Busch InBev SA Net Debt Growth & History (BUD)
Anheuser-Busch InBev SA's net debt was $61.38B for fiscal 2025.
View full Anheuser-Busch InBev SA company overviewAnheuser-Busch InBev SA annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $61.38B | $380.0M | +0.62% |
| 2024 | 2024-12-31 | $60.99B | −$6.84B | −10.08% |
| 2023 | 2023-12-31 | $67.84B | −$2.18B | −3.12% |
| 2022 | 2022-12-31 | $70.02B | — | — |
| 2019 | 2019-12-31 | $97.76B | −$8.73B | −8.20% |
| 2018 | 2018-12-31 | $106.49B | $582.0M | +0.55% |
| 2017 | 2017-12-31 | $105.91B | −$8.07B | −7.08% |
| 2016 | 2016-12-31 | $113.98B | — | — |
Anheuser-Busch InBev SA quarterly net debt
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $64.76B | −$3.65B | −5.33% |
| Q4 2025 | 2025-12-31 | $61.38B | $380.0M | +0.62% |
| Q2 2025 | 2025-06-30 | $68.41B | — | — |
| Q4 2024 | 2024-12-31 | $60.99B | — | — |
| Q4 2019 | 2019-12-31 | $97.76B | −$8.73B | −8.20% |
| Q4 2018 | 2018-12-31 | $106.49B | $582.0M | +0.55% |
| Q2 2018 | 2018-06-30 | $108.95B | — | — |
| Q4 2017 | 2017-12-31 | $105.91B | −$8.07B | −7.08% |
| Q4 2016 | 2016-12-31 | $113.98B | — | — |
Anheuser-Busch InBev SA net debt trends
Between the periods ended 2016-12-31 and 2025-12-31, Anheuser-Busch InBev SA's net debt decreased from $113.98B to $61.38B, a change of −$52.60B. The latest reported quarter, Q2 2026, shows $64.76B.
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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