Anheuser-Busch InBev/NVBUDFF 81 Gross Margin % is 56.64% as of Mar. 2026, which is 2% below its 10-year median of 57.80. GuruFocus rates BUDFF with a GF Score™ of 81/100 and a GF Value™ of $66.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks better than 76.1% on this metric.
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
Anheuser-Busch InBev/NV had a gross margin of 56.64% for the quarter that ended in Mar. 2026 => 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.
Anheuser-Busch InBev/NV Gross Margin % Related Terms
Anheuser-Busch InBev/NV Gross Margin % Historical Data
* 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.
For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.
Anheuser-Busch InBev/NV Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Anheuser-Busch InBev/NV's Gross Margin % falls into.
* 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.
Anheuser-Busch InBev/NV (BUDFF) has a Gross Margin % of 56.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Anheuser-Busch InBev/NV and its competitors. This is near median its historical median of 57.80. Over the past decade, Anheuser-Busch InBev/NV's Gross Margin % has ranged from 53.86 to 62.42. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 23.9%.
Is Anheuser-Busch InBev/NV's Gross Margin % too high?
Anheuser-Busch InBev/NV's current Gross Margin % of 56.64% is near median its 10-year median of 57.80. Over the past 10 years, this metric has ranged from a low of 53.86 to a high of 62.42. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Anheuser-Busch InBev/NV's value of 56.64% is 33.9% above this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's Gross Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 205 companies for Gross Margin %. This places Anheuser-Busch InBev/NV in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 42.29. Anheuser-Busch InBev/NV's value of 56.64% is 33.9% above this benchmark. Historically, Anheuser-Busch InBev/NV's own Gross Margin % has ranged from 53.86 to 62.42 over the past decade. While the company's 10-year median is 57.80 vs. the industry median of 42.29, Anheuser-Busch InBev/NV 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. Anheuser-Busch InBev/NV's current Gross Margin % of 56.64% is 33.9% 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 Anheuser-Busch InBev/NV 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. Anheuser-Busch InBev/NV's current Gross Margin % is 56.64%, which is near median its own 10-year median of 57.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anheuser-Busch InBev/NV stock overvalued right now?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV (BUDFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.13, compared to a current price of $79.94 — trading 20.9% above its estimated fair value. The current Gross Margin % is 56.64%, which is near median its 10-year median of 57.80 and 33.9% above the Beverages - Alcoholic industry median of 42.29. Anheuser-Busch InBev/NV's overall GF Score™ is 81/100 with 7 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 Anheuser-Busch InBev/NV (BUDFF), the current Gross Margin % is 56.64% as of Mar. 2026. 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 Anheuser-Busch InBev/NV (BUDFF) Overvalued in 2026?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued.
The current stock price of $79.94 is trading 20.9% above its estimated GF Value™ of $66.13.
GuruFocus considers Anheuser-Busch InBev/NV to be Modestly Overvalued.
Key valuation signals for BUDFF:
Gross Margin %: 56.64% (near median its 10-year median of 57.80)
GF Value™: $66.13 vs. price of $79.94 (20.9% above fair value)
Industry Position: 33.9% above the Beverages - Alcoholic median (#49 of 205)
No single metric tells the full story. See the BUDFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.
81GF Score
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