VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Anheuser-Busch InBev SA/NV vs Diageo plc

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Anheuser-Busch InBev SA/NV

ABI · Euronext Brussels

Market cap (USD)$163.1B
Gross margin (TTM)56.2%
Operating margin (TTM)26.8%
Net margin (TTM)11.9%
SectorConsumer
IndustryBeverages - Alcoholic
CountryBE
Data as of2026-05-26
Moat score
75/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Anheuser-Busch InBev SA/NV's moat claims, evidence, and risks.

View ABI analysis

Diageo plc

DGE · London Stock Exchange

Market cap (USD)$48.3B
Gross margin (TTM)60.1%
Operating margin (TTM)28.1%
Net margin (TTM)15%
SectorConsumer
IndustryBeverages - Wineries & Distilleries
CountryGB
Data as of2026-04-25
Moat score
58/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Diageo plc's moat claims, evidence, and risks.

View DGE analysis

Comparison highlights

  • Moat score gap: Anheuser-Busch InBev SA/NV leads (75 / 100 vs 58 / 100 for Diageo plc).
  • Segment focus: Anheuser-Busch InBev SA/NV has 6 segments (29.3% in Middle Americas); Diageo plc has 5 segments (39.6% in North America).
  • Primary market structure: Duopoly vs Oligopoly. Pricing power: Moderate vs Moderate.
  • Moat breadth: Anheuser-Busch InBev SA/NV has 5 moat types across 3 domains; Diageo plc has 4 across 2.

Primary market context

Anheuser-Busch InBev SA/NV

Middle Americas

Market

Beer and malt-based beverages (plus growing no-alcohol and Beyond Beer)

Geography

Mexico, Central America, and Caribbean (AB InBev reporting segment)

Customer

Retailers and on-premise outlets

Role

Brewer / brand owner + route-to-market operator

Revenue share

29.3%

Diageo plc

North America

Market

North American premium spirits, tequila, whisky, vodka, RTD and Guinness beer

Geography

United States and Canada

Customer

Wholesalers, distributors, retailers, on-trade accounts, control boards and consumers

Role

Brand owner, producer/importer, marketer and route-to-consumer orchestrator

Revenue share

39.6%

Side-by-side metrics

Anheuser-Busch InBev SA/NV
Diageo plc
Ticker / Exchange
ABI - Euronext Brussels
DGE - London Stock Exchange
Market cap (USD)
$163.1B
$48.3B
Gross margin (TTM)
56.2%
60.1%
Operating margin (TTM)
26.8%
28.1%
Net margin (TTM)
11.9%
15%
Sector
Consumer
Consumer
Industry
Beverages - Alcoholic
Beverages - Wineries & Distilleries
HQ country
BE
GB
Primary segment
Middle Americas
North America
Market structure
Duopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
75 / 100
58 / 100
Moat domains
Demand, Supply, Network
Demand, Supply
Last update
2026-05-26
2026-04-25

Moat coverage

Shared moat types

Brand TrustDistribution Control

Anheuser-Busch InBev SA/NV strengths

Scale Economies Unit CostData Workflow LockinTwo Sided Network

Diageo plc strengths

Habit DefaultScope Economies

Segment mix

Anheuser-Busch InBev SA/NV segments

Full profile >

North America

Oligopoly

23.9%

Middle Americas

Duopoly

29.3%

South America

Oligopoly

20.2%

EMEA

Oligopoly

16%

Asia Pacific

Competitive

9.6%

Global Export & Holding Companies

Competitive

1%

Diageo plc segments

Full profile >

North America

Oligopoly

39.6%

Europe

Competitive

24%

Asia Pacific

Competitive

18.1%

Latin America and Caribbean

Oligopoly

9.2%

Africa

Competitive

9.1%

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.