Filing Flows › Anheuser-Busch InBev SA (BUD) › Q4 2024
Anheuser-Busch InBev SA (BUD) Q4 2024 earnings results (fourth quarter 2024)
6-K filed Feb 28, 2025
Anheuser-Busch InBev SA (BUD) reported revenue of $14.8B for the fourth quarter 2024 (Q4 2024), +3% from a year earlier. Operating margin was 2.5%, net earnings $1.2B (8.2% of revenue).
Anheuser-Busch InBev SA, Q4 2024: revenue $14.8B (+2% year over year), operating margin 2.5%, net earnings $1.2B. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.8B | — | +3% |
| Gross profit | $8.2B | — | +5% |
| Operating profit | $372M | — | -75% |
| Net earnings | $1.2B | — | -35% |
What changed
Revenue was $14.8B in Q4 2024, up 3% year over year.
Gross margin was 55.2%, up 1.4 points from a year earlier. Operating profit was $0.37B, a 2.5% margin (down 8.0 points year over year). Operating profit fell $1.1B even though revenue rose $0.37B versus a year earlier, so costs grew faster than sales. Operating expenses grew 25% against revenue growth of 3%. Net earnings were $1.2B, down 35% year over year. The tax line was a benefit of $0.85B on pre-tax earnings of $0.37B.
Questions
What was Anheuser-Busch InBev SA's revenue in the fourth quarter 2024?
Anheuser-Busch InBev SA (BUD) reported revenue of $14.8B for the fourth quarter 2024 (Q4 2024), +3% from a year earlier.
Was Anheuser-Busch InBev SA profitable in the fourth quarter 2024?
Operating profit was $372M (2.5% of revenue) and net earnings $1.2B.