Anheuser-Busch InBev/NVXTER:1NBA +1.72%77 Net Margin % is 16.79% as of Mar. 2026, which is 79% above its 10-year median of 9.40. GuruFocus rates XTER:1NBA with a GF Score™ of 77/100 and a GF Value™ of €56.70 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks better than 76.89% on this metric.
The historical rank and industry rank for Anheuser-Busch InBev/NV's Net Margin % or its related term are showing as below:
XTER:1NBA'
s Net Margin % Range Over the Past 10 Years
Min: 2.73 Med: 9.4 Max: 17.53
Current: 11.91
XTER:1NBA's Net Margin % is ranked better than 76.89% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 4.87
vs XTER:1NBA: 11.91
Anheuser-Busch InBev/NV (XTER:1NBA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Anheuser-Busch InBev/NV Net Margin % Related Terms
Anheuser-Busch InBev/NV Net 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 Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Net Margin % distribution charts can be found below:
* The bar in red indicates where Anheuser-Busch InBev/NV's Net 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.
Anheuser-Busch InBev/NV (XTER:1NBA) has a Net Margin % of 16.79% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Anheuser-Busch InBev/NV and its competitors. This is 79% above median its historical median of 9.40. Over the past decade, Anheuser-Busch InBev/NV's Net Margin % has ranged from 2.73 to 17.53. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 23.1%.
Is Anheuser-Busch InBev/NV's Net Margin % too high?
Anheuser-Busch InBev/NV's current Net Margin % of 16.79% is 79% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 17.53. The Beverages - Alcoholic industry median Net Margin % is 4.87. Anheuser-Busch InBev/NV's value of 16.79% is 244.8% above this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 212 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 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's Net Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #49 out of 212 companies for Net Margin %. This places Anheuser-Busch InBev/NV in the top 23% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.87. Anheuser-Busch InBev/NV's value of 16.79% is 244.8% above this benchmark. Historically, Anheuser-Busch InBev/NV's own Net Margin % has ranged from 2.73 to 17.53 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 4.87, 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 Net Margin % for a Beverages - Alcoholic company?
The median Net Margin % among Beverages - Alcoholic companies is 4.87, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anheuser-Busch InBev/NV's current Net Margin % of 16.79% is 244.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Anheuser-Busch InBev/NV and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current Net Margin % is 16.79%, which is 79% above median its own 10-year median of 9.40. 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 (XTER:1NBA) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.70, compared to a current price of €72.18 — trading 27.3% above its estimated fair value. The current Net Margin % is 16.79%, which is 79% above median its 10-year median of 9.40 and 244.8% above the Beverages - Alcoholic industry median of 4.87. Anheuser-Busch InBev/NV's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (XTER:1NBA), the current Net Margin % is 16.79% 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 (XTER:1NBA) Overvalued in 2026?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued.
The current stock price of €72.18 is trading 27.3% above its estimated GF Value™ of €56.70.
GuruFocus considers Anheuser-Busch InBev/NV to be Modestly Overvalued.
Key valuation signals for XTER:1NBA:
Net Margin %: 16.79% (79% above median its 10-year median of 9.40)
GF Value™: €56.70 vs. price of €72.18 (27.3% above fair value)
Industry Position: 244.8% above the Beverages - Alcoholic median (#49 of 212)
No single metric tells the full story. See the XTER:1NBA 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.
77GF Score
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