BDWBY (Budweiser Brewing Co APAC) Gross Margin % : 51.54% (As of Jun. 2024)

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What is Budweiser Brewing Co APAC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Budweiser Brewing Co APAC's Gross Profit for the three months ended in Jun. 2024 was $905 Mil. Budweiser Brewing Co APAC's Revenue for the three months ended in Jun. 2024 was $1,756 Mil. Therefore, Budweiser Brewing Co APAC's Gross Margin % for the quarter that ended in Jun. 2024 was 51.54%.

The historical rank and industry rank for Budweiser Brewing Co APAC's Gross Margin % or its related term are showing as below:

BDWBY' s Gross Margin % Range Over the Past 10 Years
Min: 50.02 Med: 52.02 Max: 55.7
Current: 50.7

During the past 7 years, the highest Gross Margin % of Budweiser Brewing Co APAC was 55.70%. The lowest was 50.02%. And the median was 52.02%.

BDWBY's Gross Margin % is ranked better than
71.15% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 39.785 vs BDWBY: 50.70

Budweiser Brewing Co APAC had a gross margin of 51.54% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Budweiser Brewing Co APAC was -0.90% per year.

Budweiser Brewing Co APAC Gross Margin % Historical Data

The historical data trend for Budweiser Brewing Co APAC's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Budweiser Brewing Co APAC Gross Margin % Chart

Budweiser Brewing Co APAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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53.28

52.02

53.87

50.02

50.36

Budweiser Brewing Co APAC Quarterly Data
	Dec17	Mar18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															51.08	47.72	51.49	51.54	51.32

Competitive Comparison of Budweiser Brewing Co APAC's Gross Margin %

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Budweiser Brewing Co APAC's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's Gross Margin % falls into.

Budweiser Brewing Co APAC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Budweiser Brewing Co APAC's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	3453	/	6856
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6856 - 3403)	/	6856
	=	50.36 %

Budweiser Brewing Co APAC's Gross Margin for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	905	/	1756
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1756 - 851)	/	1756
	=	51.54 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Budweiser Brewing Co APAC (OTCPK:BDWBY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Budweiser Brewing Co APAC had a gross margin of 51.54% for the quarter that ended in Jun. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Budweiser Brewing Co APAC Gross Margin % Related Terms

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Budweiser Brewing Co APAC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBY) » Definitions » Gross Margin %

Traded in Other Exchanges

BDWBF:USA 01876:Hong Kong 4BB:Germany

Address

500 Hennessy Road, 27th Floor Hysan Place, Room 2701, Causeway Bay, Hong Kong, HKG

Website

https://www.budweiserapac.com

Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2023 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass and Harbin.