Sifting through countless of stocks in the Beverages industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Ambev S.A. or Anheuser-Busch InBev SA/NV because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Ambev S.A. and Anheuser-Busch InBev SA/NV compare based on key financial metrics to determine which better meets your investment needs.

About Ambev S.A. and Anheuser-Busch InBev SA/NV

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Anheuser-Busch InBev SA/NV produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies segments. The company also offers flavored malt beverages, soft drinks, spirit-based ready-to-drink cocktails and beverages, and energy drinks. In addition, it operates BEES, a business-to-business digital commerce platform; on-demand delivery platforms under the Zé Delivery and TaDa Delivery brands; and premium at-home draft system under the PerfectDraft brand. The company provides a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona Extra, Michelob Ultra, and Stella Artois; Aguila, Brahma, Carling Black Label, Cass Fresh, Jupiler, Quilmes, SKOL, and Victoria; Beck’s, Hoegaarden, and Leffe; Antarctica, Bud Light, Castle, Castle Lite, Cristal, Harbin, Modelo Especial, Sedrin, and Skol brands, as well as non-beer brands comprising Brutal Fruit, Cutwater, and NÜTRL brands. The company was formerly known as InBev SA and changed its name to Anheuser-Busch InBev SA/NV in November 2008. Anheuser-Busch InBev SA/NV was founded in 1366 and is headquartered in Leuven, Belgium.

Latest Beverages and Ambev S.A., Anheuser-Busch InBev SA/NV Stock News

As of September 2, 2026, Ambev S.A. had a $47.2 billion market capitalization, compared to the Beverages median of $8.0 million. Ambev S.A.’s stock is up 23.3% in 2026, up 5.7% in the previous five trading days and up 36.53% in the past year.

Currently, Ambev S.A.’s price-earnings ratio is 15.0. Ambev S.A.’s trailing 12-month revenue is $17.0 billion with a 18.4% net profit margin. Year-over-year quarterly sales growth most recently was 5.5%. Analysts expect adjusted earnings to reach $0.200 per share for the current fiscal year. Ambev S.A. currently has a 1.9% dividend yield.

As of September 2, 2026, Anheuser-Busch InBev SA/NV had a $156.9 billion market cap, putting it in the 98th percentile of all stocks. Anheuser-Busch InBev SA/NV’s stock is up 24.8% in 2026, up 1% in the previous five trading days and up 28.76% in the past year.

Currently, Anheuser-Busch InBev SA/NV’s price-earnings ratio is 17.0. Anheuser-Busch InBev SA/NV’s trailing 12-month revenue is $62.6 billion with a 14.9% net profit margin. Year-over-year quarterly sales growth most recently was 8.7%. Analysts expect adjusted earnings to reach $4.457 per share for the current fiscal year. Anheuser-Busch InBev SA/NV currently has a 3.0% dividend yield.

How We Compare Ambev S.A. and Anheuser-Busch InBev SA/NV Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Ambev S.A. and Anheuser-Busch InBev SA/NV’s stock grades to see how they measure up against one another.

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Ambev S.A. and Anheuser-Busch InBev SA/NV Stock Value Grades

Company	Ticker	Value
Ambev S.A.	ABEV	B
Anheuser-Busch InBev SA/NV	BUD	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Ambev S.A. has a Value Score of 72, which is Value. Anheuser-Busch InBev SA/NV has a Value Score of 62, which is Value.

The Value Stock Winner: It’s a Tie!

Looking at the Value Grade breakdown above, both Ambev S.A. and Anheuser-Busch InBev SA/NV have a Value Grade of B. For investors who focus solely on a company’s valuation, you will need to conduct further research into both of these companies’ other metrics to see if they could be good additions to your portfolio. It’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Ambev S.A. and Anheuser-Busch InBev SA/NV’s Quality Grades

Company	Ticker	Quality
Ambev S.A.	ABEV	A
Anheuser-Busch InBev SA/NV	BUD	A

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Ambev S.A. has a Quality Score of 92, which is Very Strong. Anheuser-Busch InBev SA/NV has a Quality Score of 91, which is Very Strong.

The Quality Grade Winner: It’s a Tie!

Looking at the Quality Grade breakdown above, both Ambev S.A. and Anheuser-Busch InBev SA/NV have a grade of A. For investors who focus solely on a company’s overall quality, you will need to conduct further research into both companies to see if they are a good fit for your portfolio. As a good rule of thumb, you should always analyze multiple factors based on a wide range of metrics before choosing a company to invest in.

Ambev S.A. and Anheuser-Busch InBev SA/NV’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Ambev S.A.	ABEV	C
Anheuser-Busch InBev SA/NV	BUD	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Ambev S.A. has a Earnings Estimate Score of 41, which is Neutral. Anheuser-Busch InBev SA/NV has a Earnings Estimate Score of 50, which is Neutral.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Ambev S.A. or Anheuser-Busch InBev SA/NV has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Ambev S.A. or Anheuser-Busch InBev SA/NV is the better investment when it comes to estimate revisions.

Other Ambev S.A. and Anheuser-Busch InBev SA/NV Grades

In addition to Quality, Estimate Revisions and Value, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Ambev S.A. and Anheuser-Busch InBev SA/NV pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Ambev S.A. or Anheuser-Busch InBev SA/NV Stock?

Overall, Ambev S.A. stock has a Value Score of 72, Estimate Revisions Score of 41 and Quality Score of 92.

Anheuser-Busch InBev SA/NV stock has a Value Score of 62, Estimate Revisions Score of 50 and Quality Score of 91.

Comparing Ambev S.A. and Anheuser-Busch InBev SA/NV’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.