10 Best Alcohol Stocks to Buy According to Billionaires

6. Anheuser-Busch InBev SA/NV (NYSE:BUD) 

Number of Billionaire Holders: 10

With a staggering 26.9% share of the entire global beer production in 2023, Anheuser-Busch InBev SA/NV (NYSE:BUD) is the Largest Beer Company in the World. AB InBev offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, Stella Artois, and many more.

Anheuser-Busch InBev SA/NV (NYSE:BUD) reported strong results in Q4 2024 with an adjusted EPS of $0.88, beating market expectations by $0.25. The company’s revenue also came in at $14.84 billion, up 2.54% YoY and above analysts’ estimates by over $774 million. Moreover, BUD witnessed net sales growth in 75% of its markets, pushing its full-year 2024 revenue to $59.8 billion, an all-time high for the brewing giant. Ab InBev boasts a robust balance sheet and increased its free cash flow by $2.5 billion to reach $11.3 billion in 2024. The company’s board has approved a full-year dividend of EUR 1 per share, a 22% increase versus last year with the ambition to continue a progressive dividend over time.

Anheuser-Busch InBev SA/NV (NYSE:BUD) is following an aggressive premiumization strategy and is now a global leader in the premium beer segment. Its mega brands have increased revenue by nearly 40% since 2021 and now represent 57% of the company’s total business. The brewing behemoth expects the premium beer segment to grow volumes across all geographic clusters and at more than double the rate of the category overall.