The beer industry is a massive global market, and these five companies are at the top of their hops. Let's take a look at the top players, their brews, and how much business they're pouring in.
- Anheuser-Busch InBev (AB InBev)
- Revenue: $54.6 billion (2022)
- Profit: $22.3 billion (2022)
- P/E Ratio: 23.6 (as of July 5, 2024)
AB InBev is the world's largest brewer, a true brewing behemoth. They own a staggering portfolio of brands, including Budweiser, Corona, Stella Artois, and Beck's. Their global reach and brand recognition make them a dominant force in the industry.
- Heineken
- Revenue: $32.4 billion (2022)
- Profit: $5.1 billion (2022)
- P/E Ratio: 25.8 (as of July 5, 2024)
Heineken is another brewing giant, famous for its namesake green-bottled lager. They also own a variety of other beers, such as Amstel, Moretti, and Strongbow cider. Heineken is known for its focus on premium beers and international expansion.
- Molson Coors Beverage Company
- Revenue: $25.9 billion (2022)
- Profit: $4.0 billion (2022)
- P/E Ratio: 22.5 (as of July 5, 2024)
Molson Coors is a North American brewing powerhouse, formed through the merger of Molson and Coors in 2004. They're well-known for brands like Coors Light, Miller Lite, and Blue Moon. Molson Coors has a strong presence in both the U.S. and Canada.
- Carlsberg Group
- Revenue: $22.4 billion (2022)
- Profit: $2.3 billion (2022)
- P/E Ratio: 24.1 (as of July 5, 2024)
Carlsberg is a Danish brewing giant with a global reach. Their namesake Carlsberg lager is one of the best-selling beers in the world. They also own other brands like Tuborg, Baltika, and Kronenbourg. Carlsberg is known for its focus on innovation and sustainability.
- Asahi Group Holdings
- Revenue: $24.0 billion (2022)
- Profit: $4.5 billion (2022)
- P/E Ratio: 28.2 (as of July 5, 2024)
Asahi Group Holdings is the largest brewer in Japan. Their Asahi Super Dry is a popular choice among Japanese beer drinkers. They also own other brands like Peroni and Pilsner Urquell. Asahi Group Holdings is expanding its reach internationally, making it a player to watch.
