One financial metric in the CPG world that stands out to me is AB InBev’s net debt-to-EBITDA ratio: 4.8x. The company has been highly leveraged since its acquisition of SABMiller in 2016 when its debt topped $100 billion (net debt was $82.7 billion at the end of 2020) and the pandemic hurt the company’s profitability metrics that are usually compared to debt load. In this edition of The Stockout, CPG-focused newsletter, I discuss the implications for other CPG companies.
Bud does better when...
https://www.freightwaves.com/news/nothing-light-about-buds-debt-load