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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anheuser-Busch InBev/NV's retained earnings for the quarter that ended in Jun. 2026 was MXN903,148 Mil.
Anheuser-Busch InBev/NV's quarterly retained earnings
increased
from Jun. 2025 (MXN900,034 Mil) to Dec. 2025 (MXN901,276 Mil) and
increased
from Dec. 2025 (MXN901,276 Mil) to Jun. 2026 (MXN903,148 Mil).
Anheuser-Busch InBev/NV's annual retained earnings
increased
from Dec. 2023 (MXN714,907 Mil) to Dec. 2024 (MXN968,464 Mil) but then
declined
from Dec. 2024 (MXN968,464 Mil) to Dec. 2025 (MXN901,276 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Anheuser-Busch InBev/NV Retained Earnings Historical Data
* Premium members only.
The historical data trend for Anheuser-Busch InBev/NV's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN903,148 Mil mean?
Anheuser-Busch InBev/NV (MEX:ANB) has a Retained Earnings of MXN903,148 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Anheuser-Busch InBev/NV and its competitors.
Is Anheuser-Busch InBev/NV's Retained Earnings too high?
Anheuser-Busch InBev/NV's current Retained Earnings is MXN903,148 Mil. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's Retained Earnings compare to STZ and TAP?
Anheuser-Busch InBev/NV's Retained Earnings of MXN903,148 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Anheuser-Busch InBev/NV and its competitors. Anheuser-Busch InBev/NV's current Retained Earnings is MXN903,148 Mil. 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 (MEX:ANB) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,312.86, compared to a current price of MXN1,310.00 — trading 0.2% below its estimated fair value. The current Retained Earnings is MXN903,148 Mil. Anheuser-Busch InBev/NV's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (MEX:ANB), the current Retained Earnings is MXN903,148 Mil as of Jun. 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 (MEX:ANB) Overvalued in 2026?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be undervalued.
The current stock price of MXN1,310.00 is trading 0.2% below its estimated GF Value™ of MXN1,312.86.
GuruFocus considers Anheuser-Busch InBev/NV to be Fairly Valued.
Key valuation signals for MEX:ANB:
Retained Earnings: MXN903,148 Mil
GF Value™: MXN1,312.86 vs. price of MXN1,310.00 (0.2% below fair value)
No single metric tells the full story. See the MEX:ANB 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.
74GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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