Anheuser-Busch InBev SABUD

Market cap

P/E ratio

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022
Revenue	54,619	52,329	46,881	54,300	57
Cost of sales	20,359	20,362	19,634	23	26
Gross profit	34,259	31,967	27,247	31	31
Distribution expenses	5,770	5,525	5,104	5	6
Sales and marketing expenses	7,883	7,348	6,861	7	6
Administrative expenses	3,465	3,548	3,404	4	4
Other operating income (expense)	680	875	845	805	841
Exceptional costs above profit from operations	-	-	-	-	251
Profit from operations	17,106	16,098	9,620	13	14
Finance cost	9,168	5,095	8,419	6	6
Finance income	440	1,622	722	431	1
Net finance income/(cost)	-8,729	-3,473	-7,697	-5	-4
Share of result of associates	-	-	-	-	299
Exceptional share of results of associates	-	-	-	-	-1
Profit before tax	8,530	12,776	2,079	8	9
Income tax expense	2,839	2,786	1,932	2	1
Profit from continuing operations	5,691	9,990	147	6	7
Profit from discontinued operations	-	424	2,055	-	-
Profit of the period	5,691	10,414	2,202	6	7
Equity holders of AB InBev	4,368	8,748	-650	4	5
Non-controlling interest	1,323	1,243	797	1	1
Equity holders of AB InBev	4,368	9,171	1,405	4	5
Non-controlling interest	1,323	1,243	797	1	1
Basic earnings per share	2.21	4.62	0.7	2.33	2.97
Diluted earnings per share	2.17	4.53	0.69	2.28	2.91
Basic earnings per share from continuing operations	2.21	4.41	-0.33	2.33	2.97
Diluted earnings per share from continuing operations	2.17	4.32	-0.33	2.28	2.91