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Molson Coors Beverage Company

TAP and TAP.A

Molson Coors Beverage Company is a global beverage leader with a heritage spanning over two centuries, specializing in the production and distribution of a diverse portfolio of alcoholic and non-alcoholic drinks.

Market cap
$7.29B-21.3%
Revenue$12.9B-2.6%
Net income-$2.5B-345%
Free cash flow$1.3B+38.0%
EPS (diluted)-$10.63-314%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$3.0B
EPS estimate$1.50

Financials

Q2 2026

Income statement

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Revenue$3.6B-3.6%
Gross profit$1.6B-13.7%
Operating income$331.9M-43.1%
Net income$231.7M-46.0%
EPS (diluted)$1.23-42.3%

Balance sheet

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Cash & equivalents$2.1B+247%
Total debt$7.9B+21.1%
Total equity$10.1B-24.7%
Total assets$24.4B-9.2%

Cash flow

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Operating cash flow$817.9M+13.9%
CapEx$103.5M-36.6%
Free cash flow$714.4M+28.7%

Valuation & ratios

Valuation

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Market cap$7.29B-21.3%
Enterprise value$13.11B-13.8%
P/S0.6×-0.1×

Profitability

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Gross margin46%-1.9pp
Net margin-19.7%-27.5pp
FCF margin10.3%+3.0pp

Returns & leverage

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Return on equity-21.6%-29.4pp
Debt / equity0.8×+0.3×
Current ratio0.9×-0.1×

Segments

By segment

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Americas$2.4B-4.1%

Competitors

Profile

Molson Coors Beverage Company is a global beverage leader with a heritage spanning over two centuries, specializing in the production and distribution of a diverse portfolio of alcoholic and non-alcoholic drinks. The company leverages a multi-tier brand strategy ranging from value-tier beers to premium spirits and flavored beverages to capture a wide variety of consumer occasions. Its core value proposition centers on maintaining iconic heritage brands while aggressively expanding into high-growth categories beyond the traditional beer aisle.

Competitive position

A top-tier global brewer with a dominant position in the North American market and a significant footprint in Europe through iconic heritage brands.

GeographiesNorth America, Europe, Middle East, Africa, Asia-Pacific
Customer segmentsMass market retail, On-premise hospitality, Wholesale distribution
Business modelManufacturing and Distribution, Brand Licensing, Joint Ventures
SuppliersAgricultural raw material suppliers (barley, hops, grains), Packaging manufacturers (aluminum, glass, cardboard), Water utility providers, Energy providers for brewing facilities
CustomersIndependent beverage distributors, Large-scale grocery and retail chains, Liquor stores, Bars, restaurants, and stadiums
Listed1975
Employees16.5K
CEORahul Goyal
FilingsSEC EDGAR

FAQ

What is Molson Coors Beverage Company's market cap?
Molson Coors Beverage Company (TAP) has a market capitalization of $7.3B and trades on NYSE.
What is Molson Coors Beverage Company's revenue and profitability?
Molson Coors Beverage Company generated $12.9B in trailing twelve-month revenue with a net loss of $2.5B, representing a net margin of -19.7%. Gross margin stands at 46.0%, with free cash flow of $1.3B. The latest reported period is Q2 2026.
Who are Molson Coors Beverage Company's competitors?
Molson Coors Beverage Company's key competitors include Constellation Brands, Boston Beer Company, National Beverage Corp., and others. These companies compete in similar markets and product categories.
Who does Molson Coors Beverage Company partner with?
Molson Coors Beverage Company's notable partners include The Coca-Cola Company, ZOA Energy, Fever-Tree.
What subsidiaries does Molson Coors Beverage Company have?
Molson Coors Beverage Company's subsidiaries include MillerCoors, Coors Brewing Company, Molson Inc..
Where is Molson Coors Beverage Company headquartered?
Molson Coors Beverage Company is headquartered in United States of America and employs approximately 16,500 people. It has been publicly traded since 1975.