Anheuser-Busch InBev SA/NV
ABI: XBRU (BEL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <<> | LOCK|Z! | LOCK|SmKCp# |
Anheuser-Busch InBev Is Well Positioned to Capitalize on Market Shifts
Business Strategy and Outlook
Anheuser-Busch InBev spearheaded the brewing industry consolidation. Previous acquisitions have led to InBev being the largest brewer with more than double the volume of its second-largest peer, Heineken. InBev’s monopolylike positions in several markets give the firm significant fixed-cost leverage and procurement pricing power. The firm’s industry-leading margins, excess returns on invested capital, and best-in-class conversion reflect this.
