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Anheuser-Busch InBev/NV (FRA:1NBA) Gross Margin %

: 53.85% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Anheuser-Busch InBev/NV's Gross Profit for the three months ended in Dec. 2023 was €7,147 Mil. Anheuser-Busch InBev/NV's Revenue for the three months ended in Dec. 2023 was €13,272 Mil. Therefore, Anheuser-Busch InBev/NV's Gross Margin % for the quarter that ended in Dec. 2023 was 53.85%.

Warning Sign:

Anheuser-Busch InBev SA/NV gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


The historical rank and industry rank for Anheuser-Busch InBev/NV's Gross Margin % or its related term are showing as below:

FRA:1NBA' s Gross Margin % Range Over the Past 10 Years
Min: 53.86   Med: 60.52   Max: 62.42
Current: 53.87


During the past 13 years, the highest Gross Margin % of Anheuser-Busch InBev/NV was 62.42%. The lowest was 53.86%. And the median was 60.52%.

FRA:1NBA's Gross Margin % is ranked better than
76.44% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 38.72 vs FRA:1NBA: 53.87

Anheuser-Busch InBev/NV had a gross margin of 53.85% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Anheuser-Busch InBev/NV was -3.10% per year.


Anheuser-Busch InBev/NV Gross Margin % Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

* Premium members only.

Anheuser-Busch InBev/NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.09 58.12 57.47 54.48 53.86

Anheuser-Busch InBev/NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 54.59 54.15 53.58 53.90 53.85

Competitive Comparison

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 % Distribution

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.



Anheuser-Busch InBev/NV Gross Margin % Calculation

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

Anheuser-Busch InBev/NV'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 )
=29329.3 / 54451.46
=(Revenue - Cost of Goods Sold) / Revenue
=(54451.46 - 25122.132) / 54451.46
=53.86 %

Anheuser-Busch InBev/NV's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7147.1 / 13271.741
=(Revenue - Cost of Goods Sold) / Revenue
=(13271.741 - 6124.643) / 13271.741
=53.85 %

* 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  (FRA:1NBA) 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

Anheuser-Busch InBev/NV had a gross margin of 53.85% for the quarter that ended in Dec. 2023 => 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

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Anheuser-Busch InBev/NV (FRA:1NBA) Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
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, according to Euromonitor, 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 U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV (FRA:1NBA) Headlines

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