BDWBY (Budweiser Brewing Co APAC) Gross Margin %: 44.27% (As of Dec. 2025) — 15% Below Median


BDWBY Budweiser Brewing Co APAC Ltd BDWBY
73 GF Score
Price $3.33
GF Value $4.69
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Budweiser Brewing Co APAC Gross Margin %?

Budweiser Brewing Co APAC BDWBY -0.12% 73 Gross Margin % is 44.27% as of Dec. 2025, which is 15% below its 10-year median of 51.93. GuruFocus rates BDWBY with a GF Score™ of 73/100 and a GF Value™ of $4.69 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks better than 68.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Budweiser Brewing Co APAC's Gross Profit for the three months ended in Dec. 2025 was $475 Mil. Budweiser Brewing Co APAC's Revenue for the three months ended in Dec. 2025 was $1,073 Mil. Therefore, Budweiser Brewing Co APAC's Gross Margin % for the quarter that ended in Dec. 2025 was 44.27%.

Warning Sign:

Budweiser Brewing Co APAC Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


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: 51.93   Max: 55.7
Current: 50.13


During the past 9 years, the highest Gross Margin % of Budweiser Brewing Co APAC was 55.70%. The lowest was 50.02%. And the median was 51.93%.

BDWBY's Gross Margin % is ranked better than
68.29% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.29 vs BDWBY: 50.13

Budweiser Brewing Co APAC had a gross margin of 44.27% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Budweiser Brewing Co APAC was -1.10% per year.


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 44.27% for the quarter that ended in Dec. 2025 => 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


Budweiser Brewing Co APAC Gross Margin % Historical Data

* Premium members only.

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.

Budweiser Brewing Co APAC Gross Margin % Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 53.87 50.02 50.36 50.38 50.09

Budweiser Brewing Co APAC Quarterly Data
Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.99 51.82 51.38 44.27 51.11

BDWBY vs STZ, TAP: Gross Margin % Comparison

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 Gross Margin % vs 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.


BDWBY
73GF Score
Budweiser Brewing Co APAC Ltd BDWBY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2887 / 5764
=(Revenue - Cost of Goods Sold) / Revenue
=(5764 - 2877) / 5764
=50.09 %

Budweiser Brewing Co APAC's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=475 / 1073
=(Revenue - Cost of Goods Sold) / Revenue
=(1073 - 598) / 1073
=44.27 %

* 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.

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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 44.27% mean?
Budweiser Brewing Co APAC (BDWBY) has a Gross Margin % of 44.27% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. This is 15% below median its historical median of 51.93. Over the past decade, Budweiser Brewing Co APAC's Gross Margin % has ranged from 50.02 to 55.70. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #65 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 31.7%.
Is Budweiser Brewing Co APAC's Gross Margin % too high?
Budweiser Brewing Co APAC's current Gross Margin % of 44.27% is 15% below median its 10-year median of 51.93. Over the past 10 years, this metric has ranged from a low of 50.02 to a high of 55.70. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Budweiser Brewing Co APAC's value of 44.27% is 4.7% above this industry median. Based on the distribution chart, Budweiser Brewing Co APAC ranks #65 out of 205 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Budweiser Brewing Co APAC has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's Gross Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #65 out of 205 companies for Gross Margin %. This puts Budweiser Brewing Co APAC in the upper half of its industry. The industry median Gross Margin % is 42.29. Budweiser Brewing Co APAC's value of 44.27% is 4.7% above this benchmark. Historically, Budweiser Brewing Co APAC's own Gross Margin % has ranged from 50.02 to 55.70 over the past decade. While the company's 10-year median is 51.93 vs. the industry median of 42.29, Budweiser Brewing Co APAC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Budweiser Brewing Co APAC's current Gross Margin % of 44.27% is 4.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budweiser Brewing Co APAC's current Gross Margin % is 44.27%, which is 15% below median its own 10-year median of 51.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budweiser Brewing Co APAC stock overvalued right now?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC (BDWBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.69, compared to a current price of $3.33 — trading 29% below its estimated fair value. The current Gross Margin % is 44.27%, which is 15% below median its 10-year median of 51.93 and 4.7% above the Beverages - Alcoholic industry median of 42.29. Budweiser Brewing Co APAC's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Budweiser Brewing Co APAC (BDWBY), the current Gross Margin % is 44.27% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Budweiser Brewing Co APAC (BDWBY) Overvalued in 2026?

Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued. The current stock price of $3.33 is trading 29% below its estimated GF Value™ of $4.69. GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.

Key valuation signals for BDWBY:

  • Gross Margin %: 44.27% (15% below median its 10-year median of 51.93)
  • GF Value™: $4.69 vs. price of $3.33 (29% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 4.7% above the Beverages - Alcoholic median (#65 of 205)

No single metric tells the full story. See the BDWBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Budweiser Brewing Co APAC Business Description

Address 500 Hennessy Road, 27th Floor Hysan Place, Room 2701, Causeway Bay, Hong Kong, HKG
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 Anheuser-Busch InBev owns close to 90% of the company's equity. Budweiser APAC's largest markets are China (roughly 75% of 2024 revenue), South Korea (20%), and India. The remaining 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.
73GF Score

Get the complete analysis for BDWBY

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.33
Price
$4.69
GF Value