BUD vs TSN
Anheuser-Busch InBev SA/NV and Tyson Foods, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BUD | TSN |
|---|---|---|
| Revenue | $59.3B | $54.4B |
| Net income | $6.8B | $474.0M |
| Gross margin | 55.9% | 6.5% |
| Net margin | 14.3% | 0.9% |
| Return on equity | 8.3% | 2.6% |
| Diluted EPS | $3.39 | $1.33 |
| Dividend / share | · | · |
| Payout ratio | 66.4% | 147.0% |
| Free cash flow | $11.2B | $1.2B |
| Equity | $87.3B | $18.1B |
| Net debt / equity | 0.70× | 0.42× |
| Current ratio | 0.72× | 1.55× |
| Revenue CAGR 5y | 4.8% | 4.7% |
| Profit CAGR 5y | 37.2% | −25.5% |
BUD and TSN book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (14.3% against 0.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BUD | TSN |
|---|---|---|
| FY2025 | $59.3B | $54.4B |
| FY2024 | $59.8B | $53.3B |
| FY2023 | $59.4B | $52.9B |
| FY2022 | $57.8B | $53.3B |
| FY2021 | $54.3B | $47.0B |
| FY2020 | $46.9B | $43.2B |
| FY2019 | $52.3B | $42.4B |
| FY2018 | $53.0B | $40.1B |
| FY2017 | $54.9B | $38.3B |
| FY2016 | $45.5B | $36.9B |
Bottom line
| Fiscal year | BUD | TSN |
|---|---|---|
| FY2025 | $6.8B | $474.0M |
| FY2024 | $5.9B | $800.0M |
| FY2023 | $5.3B | $-648.0M |
| FY2022 | $6.0B | $3.2B |
| FY2021 | $4.7B | $3.0B |
| FY2020 | $1.4B | $2.1B |
| FY2019 | $9.2B | $2.0B |
| FY2018 | $4.4B | $3.0B |
| FY2017 | $8.0B | $1.8B |
| FY2016 | $1.2B | $1.8B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,879,000,000 | BUD |
| FY2024 | +$6,459,000,000 | BUD |
| FY2023 | +$6,499,000,000 | BUD |
| FY2022 | +$4,504,000,000 | BUD |
| FY2021 | +$7,255,000,000 | BUD |
| FY2020 | +$3,696,000,000 | BUD |
| FY2019 | +$9,924,000,000 | BUD |
| FY2018 | +$12,989,000,000 | BUD |
| FY2017 | +$16,599,000,000 | BUD |
| FY2016 | +$8,636,000,000 | BUD |
| FY2015 | +$1,691,000,000 | BUD |
BUD has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +13.4 pp | BUD |
| FY2024 | +10.9 pp | BUD |
| FY2023 | +12.8 pp | BUD |
| FY2022 | +7.0 pp | BUD |
| FY2021 | +4.8 pp | BUD |
| FY2020 | −0.1 pp | TSN |
| FY2019 | +15.2 pp | BUD |
| FY2018 | +3.3 pp | BUD |
| FY2017 | +12.1 pp | BUD |
| FY2016 | +1.3 pp | BUD |
| FY2015 | +20.0 pp | BUD |
The higher net margin has changed hands between BUD and TSN over this period.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BUD's net margin has been more volatile than TSN's over the 11 comparable fiscal years — 5.1 percentage points of standard deviation against 2.5.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BUD and TSN over these 11 fiscal years — BUD led in 10 and TSN in 1.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TSN's return on equity has been more volatile than BUD's over the 10 comparable fiscal years — 8.4 percentage points of standard deviation against 3.3.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BUD and TSN over these 10 fiscal years — BUD led in 3 and TSN in 7.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.