Anheuser-Busch InBev SA/NV BUD NYSE

Anheuser-Busch InBev SA/NV (BUD) generated $14.93B in operating cash flow for fiscal year 2025. After capital expenditures of $3.67B, free cash flow was $11.26B.

Free cash flow margin was 18.9% of revenue. Cash conversion ratio was 2.18x, indicating earnings are backed by cash.

The company returned $4.56B in dividends and $2.31B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (90/100, Pass) — $11.26B (18.9% FCF margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 2.18x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 64/100 with 2/7 criteria passed.