Skip to Content
NEW
A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily.
SIGN IN
Pandemic-driven lockdowns drained beer sales at Anheuser-Busch InBev, which dropped 31 spots in the Global 500 this year. Annual revenue for 2020 fell by 10%, to $46.8 billion, and profits dropped 15%. The Belgium-based company, with a portfolio that includes over 400 beer brands, from Budweiser to Corona to Stella Artois, saw sales decrease across the U.S., Europe, the Middle East, and the Asia Pacific region owing to stay-at-home and social distancing orders that shut many bars, restaurants, and nightclubs. To help pay down its ballooning debt pile, which stands at five times Ebitda, the company sold Australian subsidiary Carlton & United Breweries to Asahi for $11.7 billion.
Olivier Matthys—Bloomberg/Getty Images
Lists ranking Anheuser-Busch InBev
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...READ MOREview in list
RANK236
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
RANK22
Change the World - 2020As we face unprecedented collective challenges, co...READ MOREview in list