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Molson Coors Beverage Company logo

Molson Coors Beverage Company

TAP

NYSEConsumer DefensiveBeverages - Alcoholic

Open in GoAI

Previous close

$42.94

+$0.33 · +0.77%

Aug 21, 4:00 PM ET

Pre-market

$42.97

+$0.03 · +0.07%

Aug 24, 7:41 AM ET

TAP company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

63

Undervalued

Momentum

33

Weakening

Sentiment

66

Bullish

Risk resilience

69

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Molson Coors Beverage Company is a global entity engaged in the production, marketing, and sale of a diverse range of beer and other malt-based beverages. Its extensive operations span the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company's product lineup also features flavored malt beverages, craft beers, and convenient ready-to-drink selections. Founded in 1774, the firm, headquartered in Golden, Colorado, was previously known as Molson Coors Brewing Company before officially adopting its current name, Molson Coors Beverage Company, in January 2020.

Industry
Beverages - Alcoholic
Sector
Consumer Defensive
Headquarters
US
CEO
Rahul Goyal
Listed since
Jun 12, 1975
Employees
16,200

Market position

Day range

Current $42.94

52-week range

Current $42.94

Open
$42.64
Previous close
$42.61
Volume
1.3M
0.41× average
Average volume
3.2M
Average daily volume
Market cap
8.05B USD
Beta
0.43
Market reference 1
50-day average
$40.8902
+5.01% above average
200-day average
$44.3179
-3.11% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
14.51B USD
P/E (TTM)
-3.72×
P/B (TTM)
0.8×
P/S (TTM)
0.73×
EV / EBITDA
-9.01×
Earnings yield
-23.49%
Free cash flow yield
11.72%
Dividend yield
4.42%

Profitability & efficiency

Gross margin
36.22%
Operating margin
-22.74%
Net margin
-20.81%
Return on equity
-20.91%
Return on assets
-9.41%
Return on invested capital
-10.20%

Financial health

Debt / equity
0.76×
Current ratio
0.55×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%21%-3%-27%Gross margin, FY2021: 39.43%Gross margin, FY2022: 34.16%Gross margin, FY2023: 37.33%Gross margin, FY2024: 38.99%Gross margin, FY2025: 37.58%Operating margin, FY2021: 14.15%Operating margin, FY2022: 1.47%Operating margin, FY2023: 12.29%Operating margin, FY2024: 15.08%Operating margin, FY2025: -21.01%Net margin, FY2021: 9.78%Net margin, FY2022: -1.64%Net margin, FY2023: 8.11%Net margin, FY2024: 9.65%Net margin, FY2025: -19.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.43%. Gross margin FY2022 34.16%. Gross margin FY2023 37.33%. Gross margin FY2024 38.99%. Gross margin FY2025 37.58%. Operating margin FY2021 14.15%. Operating margin FY2022 1.47%. Operating margin FY2023 12.29%. Operating margin FY2024 15.08%. Operating margin FY2025 -21.01%. Net margin FY2021 9.78%. Net margin FY2022 -1.64%. Net margin FY2023 8.11%. Net margin FY2024 9.65%. Net margin FY2025 -19.21%.

Income trends

Revenue

11.14B USD-4.18%

Operating income

−2.34B USD−4.09B USD

Net income

−2.14B USD−3.26B USD
Income trends across reported periods13.11B USD7.49B USD1.87B USD−3.75B USDRevenue, FY2021: 10.28B USDRevenue, FY2022: 10.7B USDRevenue, FY2023: 11.7B USDRevenue, FY2024: 11.63B USDRevenue, FY2025: 11.14B USDOperating income, FY2021: 1.45B USDOperating income, FY2022: 157.5M USDOperating income, FY2023: 1.44B USDOperating income, FY2024: 1.75B USDOperating income, FY2025: −2.34B USDNet income, FY2021: 1.01B USDNet income, FY2022: −175.3M USDNet income, FY2023: 948.9M USDNet income, FY2024: 1.12B USDNet income, FY2025: −2.14B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 10.28B USD. Revenue FY2022 10.7B USD. Revenue FY2023 11.7B USD. Revenue FY2024 11.63B USD. Revenue FY2025 11.14B USD. Operating income FY2021 1.45B USD. Operating income FY2022 157.5M USD. Operating income FY2023 1.44B USD. Operating income FY2024 1.75B USD. Operating income FY2025 −2.34B USD. Net income FY2021 1.01B USD. Net income FY2022 −175.3M USD. Net income FY2023 948.9M USD. Net income FY2024 1.12B USD. Net income FY2025 −2.14B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue11.14B USD11.63B USD11.7B USD10.7B USD10.28B USD
Cost of goods sold6.95B USD7.09B USD7.33B USD7.05B USD6.23B USD
Gross profit4.19B USD4.53B USD4.37B USD3.66B USD4.05B USD
Selling, general, and administrative2.59B USD2.52B USD2.78B USD2.62B USD2.55B USD
Operating expenses6.53B USD2.78B USD2.93B USD3.5B USD2.6B USD
Interest income—35.4M USD25.4M USD4.3M USD2M USD
Interest expense225.6M USD279.3M USD228.8M USD236.3M USD261.6M USD
Depreciation and amortization721.9M USD759.4M USD682.8M USD684.8M USD786.1M USD
Operating income−2.34B USD1.75B USD1.44B USD157.5M USD1.45B USD
Net income−2.14B USD1.12B USD948.9M USD−175.3M USD1.01B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+11.01%
11 comparable reports
Latest EPS result
1.58
Estimate 1.51 · Beat by 4.64%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.191.560.930.31Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 1.3, estimate 1.17, surprise +11.11%, Beat. Q2 2025, reported May 8, 2025: actual 0.5, estimate 0.783, surprise -36.14%, Miss. Q3 2025, reported Aug 5, 2025: actual 2.05, estimate 1.83, surprise +12.02%, Beat. Q4 2025, reported Nov 4, 2025: actual 1.67, estimate 1.72, surprise -2.91%, Miss. Q1 2026, reported Feb 18, 2026: actual 1.21, estimate 1.17, surprise +3.42%, Beat. Q2 2026, reported Apr 30, 2026: actual 0.62, estimate 0.36, surprise +72.22%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.58, estimate 1.51, surprise +4.64%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 1.52, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.33B2.94B2.56B2.18BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 2.74B USD, estimate 2.55B USD, surprise +7.24%, Beat. Q2 2025, reported May 8, 2025: actual 2.3B USD, estimate 2.39B USD, surprise -3.75%, Miss. Q3 2025, reported Aug 5, 2025: actual 3.2B USD, estimate 3.02B USD, surprise +6.16%, Beat. Q4 2025, reported Nov 4, 2025: actual 2.97B USD, estimate 2.72B USD, surprise +9.36%, Beat. Q1 2026, reported Feb 18, 2026: actual 2.66B USD, estimate 2.71B USD, surprise -1.71%, Miss. Q2 2026, reported Apr 30, 2026: actual 2.35B USD, estimate 2.33B USD, surprise +1.03%, Beat. Q3 2026, reported Aug 6, 2026: actual 3.1B USD, estimate 3.08B USD, surprise +0.43%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 2.96B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$42.80

0.33% downside
Past 12 months12-month forecastHigh $46.00Average $42.80Low $41.00

Rating distribution

37 ratings
Strong buy00%
Buy1130%
Hold2054%
Sell616%
Strong sell00%

TAP news

zacks.com

Will Pricing Help Molson Coors Offset Persistent Volume Pressure?

TAP leans on pricing, premiumization and price-pack changes to cushion volume declines as U.S. beer demand and shipments remain weak.

Read source
proactiveinvestors.co.uk

Tap Global shares jump 18% as revenue beats expectations and Tap Earn grows

Tap Global Group PLC (LSE:TAP), the AIM-listed digital finance company, saw its shares rise 18% to 1.30pt, up from a previous close of 1.10p, after it reported stronger-than-expected revenue and a sharp narrowing of its…

Read source
seekingalpha.com

Molson Coors' Undervaluation Is Too Hard To Justify

Molson Coors Beverage Company is rated a Strong Buy, with current valuation reflecting an irrationally deep discount despite macro headwinds. TAP's Q2 results showed resilient free cash flow and stable balance sheet,…

Read source
defenseworld.net

Molson Coors Beverage Q2 Earnings Call Highlights

Molson Coors Beverage (NYSE: TAP) reaffirmed its fiscal 2026 outlook despite a weaker second quarter marked by declining sales, lower profit and persistent inflationary pressures, as the brewer cited volatile consumer…

Read source
marketbeat.com

Molson Coors Beverage Q2 Earnings Call Highlights

Molson Coors Beverage NYSE: TAP reaffirmed its fiscal 2026 outlook despite a weaker second quarter marked by declining sales, lower profit and persistent inflationary pressures, as the brewer cited volatile consumer…

Read source
zacks.com

Molson Coors Q2 Earnings Beat Estimates on Pricing and Cost Savings

TAP beats Q2 estimates as pricing and cost savings offset weaker volumes, while management reaffirms its 2026 outlook.

Read source

ETFs holding TAP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
209.27M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Invesco S&P 500 Equal Weight ETF logoInvesco S&P 500 Equal Weight ETFRSP
Market value
194.56M
Weight
0.20%
AUM
100.27B USD
Expense ratio
0.20%
Price / 1D
$221.67+0.63%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
174.92M
Weight
0.01%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
150.66M
Weight
0.08%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
State Street SPDR Portfolio S&P 500 High Dividend ETF logoState Street SPDR Portfolio S&P 500 High Dividend ETFSPYD
Market value
98.09M
Weight
1.27%
AUM
7.75B USD
Expense ratio
0.07%
Price / 1D
$50.43+0.24%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
95.69M
Weight
0.14%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
92.13M
Weight
0.01%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
85.02M
Weight
0.01%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%

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