Anheuser-Busch InBev/NVBUDFF 81 ROA % is 4.69% as of Mar. 2026, which is 78% above its 10-year median of 2.63. 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 214 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks better than 54.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Anheuser-Busch InBev/NV's annualizedNet Income for the quarter that ended in Mar. 2026 was $10,252 Mil.
Anheuser-Busch InBev/NV's average Total Assets over the quarter that ended in Mar. 2026 was $218,808 Mil. Therefore, Anheuser-Busch InBev/NV's annualized ROA % for the quarter that ended in Mar. 2026 was 4.69%.
The historical rank and industry rank for Anheuser-Busch InBev/NV's ROA % or its related term are showing as below:
BUDFF'
s ROA % Range Over the Past 10 Years
Min: 0.58 Med: 2.63 Max: 3.94
Current: 3.3
During the past 13 years, Anheuser-Busch InBev/NV's highest ROA % was 3.94%. The lowest was 0.58%. And the median was 2.63%.
BUDFF's ROA % is ranked better than 54.67% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 2.94
vs BUDFF: 3.30
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's ROA % distribution charts can be found below:
* The bar in red indicates where Anheuser-Busch InBev/NV's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Anheuser-Busch InBev/NV (BUDFF) has a ROA % of 4.69% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Anheuser-Busch InBev/NV and its competitors. This is 78% above median its historical median of 2.63. Over the past decade, Anheuser-Busch InBev/NV's ROA % has ranged from 0.58 to 3.94. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #97 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 45.3%.
Is Anheuser-Busch InBev/NV's ROA % too high?
Anheuser-Busch InBev/NV's current ROA % of 4.69% is 78% above median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.94. The Beverages - Alcoholic industry median ROA % is 2.94. Anheuser-Busch InBev/NV's value of 4.69% is 59.5% above this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #97 out of 214 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. 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 ROA % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #97 out of 214 companies for ROA %. This puts Anheuser-Busch InBev/NV in the upper half of its industry. The industry median ROA % is 2.94. Anheuser-Busch InBev/NV's value of 4.69% is 59.5% above this benchmark. Historically, Anheuser-Busch InBev/NV's own ROA % has ranged from 0.58 to 3.94 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 2.94, 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 ROA % for a Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.94, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anheuser-Busch InBev/NV's current ROA % of 4.69% is 59.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Anheuser-Busch InBev/NV and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current ROA % is 4.69%, which is 78% above median its own 10-year median of 2.63. 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 ROA % is 4.69%, which is 78% above median its 10-year median of 2.63 and 59.5% above the Beverages - Alcoholic industry median of 2.94. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (BUDFF), the current ROA % is 4.69% 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:
ROA %: 4.69% (78% above median its 10-year median of 2.63)
GF Value™: $66.13 vs. price of $79.94 (20.9% above fair value)
Industry Position: 59.5% above the Beverages - Alcoholic median (#97 of 214)
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
Get the complete analysis for BUDFF
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BUDFF has been successfully added to your 
