An absorbent article having an elastic film stretchable region in which a stretch rate changes depending on the part, and a method of manufacturing the same. The above problem is solved when a stretchable region being stretchable at least in a width direction is included in a lower-torso region having a waist portion of an outer body of a front body and an outer body of a back body, and in the stretchable region, in a state in which an elastic film is stretched in a stretching and contracting direction at a stretch rate continuously increasing from a crotch side toward a waist opening side, a first sheet layer and a second sheet layer are joined.