BUD vs. PRNDY

Last updated Jun 13, 2026

BUD (Anheuser-Busch InBev SA/NV) and PRNDY (Pernod Ricard SA.) are both stocks. Both are in the Consumer Defensive sector — BUD in Beverages - Brewers, PRNDY in Beverages - Wineries & Distilleries. Over the past 3 years, BUD returned 16.08%/yr vs -27.43%/yr for PRNDY. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

BUD vs. PRNDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anheuser-Busch InBev SA/NV (BUD) and Pernod Ricard SA. (PRNDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUD achieves a 31.39% return, which is significantly higher than PRNDY's -14.20% return.

BUD

• 1D: 0.78%
• 1M: 2.46%
• YTD: 31.39%
• 6M: 32.01%
• 1Y: 18.48%
• 3Y*: 16.08%
• 5Y*: 2.63%
• 10Y*: -1.70%

PRNDY

• 1D: 0.38%
• 1M: 2.90%
• YTD: -14.20%
• 6M: -18.02%
• 1Y: -24.70%
• 3Y*: -27.43%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUD vs. PRNDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BUD Anheuser-Busch InBev SA/NV	31.39%	30.33%	-21.37%	9.04%	0.09%	1.76%
PRNDY Pernod Ricard SA.	-14.20%	-19.27%	-33.61%	-7.89%	-17.06%	3.67%

Correlation

The correlation between BUD and PRNDY is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Nov 5, 2021	0.53

The correlation between BUD and PRNDY has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.

Fundamentals

Market Cap BUD : $163.97B PRNDY : $18.55B
EPS BUD : $6.15 PRNDY : €1.98
PE Ratio BUD : 13.48 PRNDY : 6.41
PEG Ratio BUD : 1.19 PRNDY : 0.57
PS Ratio BUD : 1.37 PRNDY : 0.76
PB Ratio BUD : 1.88 PRNDY : 1.04
Total Revenue (TTM) BUD : $120.38B PRNDY : €21.18B
Gross Profit (TTM) BUD : $67.02B PRNDY : €12.50B
EBITDA (TTM) BUD : $35.48B PRNDY : €6.13B

Return for Risk

BUD vs. PRNDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUD

BUD Risk / Return Rank: 61
BUD Sharpe Ratio Rank: 65
BUD Sortino Ratio Rank: 56
BUD Omega Ratio Rank: 62
BUD Calmar Ratio Rank: 62
BUD Martin Ratio Rank: 60

PRNDY

PRNDY Risk / Return Rank: 14
PRNDY Sharpe Ratio Rank: 9
PRNDY Sortino Ratio Rank: 11
PRNDY Omega Ratio Rank: 12
PRNDY Calmar Ratio Rank: 19
PRNDY Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUD vs. PRNDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anheuser-Busch InBev SA/NV (BUD) and Pernod Ricard SA. (PRNDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BUD	PRNDY	Difference
Sharpe ratio: Return per unit of total volatility	0.67	-0.83	+1.50
Sortino ratio: Return per unit of downside risk	1.01	-1.10	+2.11
Omega ratio: Gain probability vs. loss probability	1.16	0.87	+0.28
Calmar ratio: Return relative to maximum drawdown	0.88	-0.63	+1.51
Martin ratio: Return relative to average drawdown	1.66	-1.10	+2.76

BUD vs. PRNDY - Sharpe Ratio Comparison

The current BUD Sharpe Ratio is 0.67, which is higher than the PRNDY Sharpe Ratio of -0.83. The chart below compares the historical Sharpe Ratios of BUD and PRNDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BUD vs. PRNDY - Drawdown Comparison

The maximum BUD drawdown since its inception was -70.02%, roughly equal to the maximum PRNDY drawdown of -67.59%. Use the drawdown chart below to compare losses from any high point for BUD and PRNDY.

Drawdown Indicators

	BUD	PRNDY	Difference
Max Drawdown Largest peak-to-trough decline	-70.02%	-67.59%	-2.43%
Max Drawdown (1Y) Largest decline over 1 year	-20.12%	-41.41%	+21.29%
Max Drawdown (3Y) Largest decline over 3 years	-31.55%	-66.31%	+34.76%
Max Drawdown (5Y) Largest decline over 5 years	-42.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.02%	—	—
Current Drawdown Current decline from peak	-22.81%	-65.09%	+42.28%
Average Drawdown Average peak-to-trough decline	-23.45%	-32.58%	+9.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.86%	23.72%	-12.86%

Volatility

BUD vs. PRNDY - Volatility Comparison

The current volatility for Anheuser-Busch InBev SA/NV (BUD) is 6.20%, while Pernod Ricard SA. (PRNDY) has a volatility of 6.80%. This indicates that BUD experiences smaller price fluctuations and is considered to be less risky than PRNDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUD	PRNDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	6.80%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	17.97%	24.23%	-6.26%
Volatility (1Y) Calculated over the trailing 1-year period	26.38%	31.55%	-5.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.90%	27.30%	-2.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.65%	27.30%	+0.35%

Dividends

BUD vs. PRNDY - Dividend Comparison

BUD's dividend yield for the trailing twelve months is around 1.62%, less than PRNDY's 7.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BUD Anheuser-Busch InBev SA/NV	1.62%	1.91%	1.74%	1.28%	0.88%	0.98%	0.79%	2.45%	5.15%	3.63%	5.41%	3.21%
PRNDY Pernod Ricard SA.	7.51%	6.44%	4.53%	2.86%	2.10%	0.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

BUD vs. PRNDY - Profitability Comparison

The chart below illustrates the profitability comparison between Anheuser-Busch InBev SA/NV and Pernod Ricard SA. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BUD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a gross profit of 17.10B and revenue of 30.61B. Therefore, the gross margin over that period was 55.9%.

PRNDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pernod Ricard SA. reported a gross profit of 3.09B and revenue of 5.21B. Therefore, the gross margin over that period was 59.3%.

BUD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported an operating income of 80.56M and revenue of 30.61B, resulting in an operating margin of 0.3%.

PRNDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pernod Ricard SA. reported an operating income of 1.60B and revenue of 5.21B, resulting in an operating margin of 30.7%.

BUD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a net income of 3.01B and revenue of 30.61B, resulting in a net margin of 9.8%.

PRNDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pernod Ricard SA. reported a net income of 967.78M and revenue of 5.21B, resulting in a net margin of 18.6%.

Frequently Asked Questions

Can I hold both BUD and PRNDY in my portfolio?

BUD and PRNDY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUD or PRNDY?

PRNDY has higher volatility (6.80%) compared to BUD (6.20%). In terms of maximum drawdown, BUD dropped -70.02% vs PRNDY's -67.59%.

Which has better risk-adjusted returns?

BUD currently has the higher Sharpe Ratio (0.67 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.