BUDFF (Anheuser-Busch InBev/NV) Tax Expense: $2,972 Mil (TTM As of Mar. 2026)


BUDFF Anheuser-Busch InBev SA/NV BUDFF
81 GF Score
Price $84.48
GF Value $64.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Anheuser-Busch InBev/NV Tax Expense?

Anheuser-Busch InBev/NV BUDFF +0.76% 81 Tax Expense is $2,972 Mil as of Mar. 2026. GuruFocus rates BUDFF with a GF Score™ of 81/100 and a GF Value™ of $64.20 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Anheuser-Busch InBev/NV's tax expense for the months ended in Mar. 2026 was $786 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was $2,972 Mil.


Anheuser-Busch InBev/NV  (OTCPK:BUDFF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Anheuser-Busch InBev/NV Tax Expense Related Terms


Anheuser-Busch InBev/NV Tax Expense Historical Data

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

Anheuser-Busch InBev/NV Tax Expense Chart

Anheuser-Busch InBev/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,350.00 1,928.00 2,234.00 3,152.00 2,850.00

Anheuser-Busch InBev/NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial 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 664.00 740.00 726.00 720.00 786.00
BUDFF
81GF Score
Anheuser-Busch InBev SA/NV BUDFF
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Anheuser-Busch InBev/NV Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,972 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of $2,972 Mil mean?
Anheuser-Busch InBev/NV (BUDFF) has a Tax Expense of $2,972 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Anheuser-Busch InBev/NV and its competitors.
Is Anheuser-Busch InBev/NV's Tax Expense too high?
Anheuser-Busch InBev/NV's current Tax Expense is $2,972 Mil. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's Tax Expense compare to STZ and TAP?
Anheuser-Busch InBev/NV's Tax Expense of $2,972 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 Tax Expense for a Beverages - Alcoholic company?
A good Tax Expense depends on the Beverages - Alcoholic industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Anheuser-Busch InBev/NV and its competitors. Anheuser-Busch InBev/NV's current Tax Expense is $2,972 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 (BUDFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $64.20, compared to a current price of $84.48 — trading 31.6% above its estimated fair value. The current Tax Expense is $2,972 Mil. Anheuser-Busch InBev/NV's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (BUDFF), the current Tax Expense is $2,972 Mil 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 $84.48 is trading 31.6% above its estimated GF Value™ of $64.20. GuruFocus considers Anheuser-Busch InBev/NV to be Significantly Overvalued.

Key valuation signals for BUDFF:

  • Tax Expense: $2,972 Mil
  • GF Value™: $64.20 vs. price of $84.48 (31.6% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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/NV 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, 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

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$84.48
Price
$64.20
GF Value