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Budweiser Brewing Co APACFRA:4BB 85 Operating Margin % is 21.10% as of Mar. 2026, which is 13% above its 10-year median of 18.61. GuruFocus rates FRA:4BB with a GF Score™ of 85/100 and a GF Value™ of €0.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks better than 72.86% on this metric.
The historical rank and industry rank for Budweiser Brewing Co APAC's Operating Margin % or its related term are showing as below:
FRA:4BB'
s Operating Margin % Range Over the Past 10 Years
Min: 15.59 Med: 18.61 Max: 21.82
Current: 15.59
FRA:4BB's Operating Margin % is ranked better than 72.86% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 8.015
vs FRA:4BB: 15.59
Budweiser Brewing Co APAC (FRA:4BB) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Budweiser Brewing Co APAC Operating Margin % Related Terms
Budweiser Brewing Co APAC Operating 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.
Budweiser Brewing Co APAC Operating Margin % Chart
FRA:4BB vs STZ, TAP: Operating Margin % Comparison
For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Budweiser Brewing Co APAC's Operating Margin % falls into.
Budweiser Brewing Co APAC Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Budweiser Brewing Co APAC's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:4BB) has a Operating Margin % of 21.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. This is 13% above median its historical median of 18.61. Over the past decade, Budweiser Brewing Co APAC's Operating Margin % has ranged from 15.59 to 21.82. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #57 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 27.1%.
Is Budweiser Brewing Co APAC's Operating Margin % too high?
Budweiser Brewing Co APAC's current Operating Margin % of 21.10% is 13% above median its 10-year median of 18.61. Over the past 10 years, this metric has ranged from a low of 15.59 to a high of 21.82. The Beverages - Alcoholic industry median Operating Margin % is 8.02. Budweiser Brewing Co APAC's value of 21.10% is 163.3% above this industry median. Based on the distribution chart, Budweiser Brewing Co APAC ranks #57 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Budweiser Brewing Co APAC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's Operating Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #57 out of 210 companies for Operating Margin %. This puts Budweiser Brewing Co APAC in the upper half of its industry. The industry median Operating Margin % is 8.02. Budweiser Brewing Co APAC's value of 21.10% is 163.3% above this benchmark. Historically, Budweiser Brewing Co APAC's own Operating Margin % has ranged from 15.59 to 21.82 over the past decade. While the company's 10-year median is 18.61 vs. the industry median of 8.02, 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 Operating Margin % for a Beverages - Alcoholic company?
The median Operating Margin % among Beverages - Alcoholic companies is 8.02, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Budweiser Brewing Co APAC's current Operating Margin % of 21.10% is 163.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. For the Beverages - Alcoholic industry, the median Operating Margin % is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budweiser Brewing Co APAC's current Operating Margin % is 21.10%, which is 13% above median its own 10-year median of 18.61. 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 (FRA:4BB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.88, compared to a current price of €0.68 — trading 23.3% below its estimated fair value. The current Operating Margin % is 21.10%, which is 13% above median its 10-year median of 18.61 and 163.3% above the Beverages - Alcoholic industry median of 8.02. Budweiser Brewing Co APAC's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Budweiser Brewing Co APAC (FRA:4BB), the current Operating Margin % is 21.10% 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 Budweiser Brewing Co APAC (FRA:4BB) Overvalued in 2026?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued.
The current stock price of €0.68 is trading 23.3% below its estimated GF Value™ of €0.88.
GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.
Key valuation signals for FRA:4BB:
Operating Margin %: 21.10% (13% above median its 10-year median of 18.61)
GF Value™: €0.88 vs. price of €0.68 (23.3% below fair value)
Industry Position: 163.3% above the Beverages - Alcoholic median (#57 of 210)
No single metric tells the full story. See the FRA:4BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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