Molson Coors
TAP NYSE· Distillers & Vintners
Last close · Oct 26, 2026
$40.00
KIRA · Stoqly’s AI analyst, in plain words
- Molson Coors had $11.1B of revenue in fiscal 2025, down 4.2% on the year before. Over five years, revenue changed +2.9% a year on average.
- Its operating margin was −21.0%, down 36.1 pts: of every 100 in sales, about −21 is left after running the business.
- Molson Coors lost $2.1B in fiscal 2025.
- Free cash flow was $1.1B in fiscal 2025, 9.6% of revenue.
- Molson Coors returned $1.0B to shareholders in fiscal 2025, 96% of free cash flow. The diluted share count fell 5.2%.
- Molson Coors owes $5.5B more than it holds in cash.
Market cap
$8.0B
P/E
—
Revenue
$11.1B
Net income
−$2.1B
Free cash flow
$1.1B
Operating margin
−21.0%
Molson Coors in 30 seconds · fiscal 2025
Are sales growing?
−4.2%
No. Sales fell 4.2% last year.
Does it make a profit?
−19.2%
No. It lost money last year.
Does profit turn into cash?
9.6%
Partly. 9.6% of sales ends up as free cash.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
What Molson Coors does
Molson Coors brews and sells beer and other drinks. Its main beers include Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko. It also sells higher-priced brands such as Madrí Excepcional, Staropramen and Blue Moon, value brands such as Miller High Life and Keystone Light, and drinks beyond beer, including Vizzy Hard Seltzer, spirits and non-alcoholic beverages. Through license and distribution deals it also carries partner brands such as Simply Spiked, ZOA Energy and Fever-Tree. It has two reporting segments, the Americas and EMEA&APAC (Europe, the Middle East, Africa and Asia Pacific). It makes money by selling its drinks to distributors and retailers. In the United States, beer generally moves through a three-tier system of manufacturers, distributors and retailers. No single customer accounted for more than 10% of net sales. In the U.S. and Canada, it says it competes most directly with Anheuser-Busch InBev and Constellation Brands.
Biggest risks, in its own words
- Changes in the beer industry and in the success of its products, including its efforts to move beyond beer.
- Competition in its markets and consumers moving toward other alcohol drinks such as spirits and spirits-based ready-to-drink drinks.
- Higher costs and supply problems for the commodities and other input materials it relies on, including from tariffs.
- Closure or disruption of a major brewery or other key facility, or the loss of key supplier or distribution agreements.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- Molson Coors Beverage Company
- CIK
- 0000024545
Molson Coors · TAP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $10.3B | $10.7B | $11.7B | $11.6B | $11.1B |
| Revenue growth | 6.5% | 4.1% | 9.4% | −0.6% | −4.2% |
| Gross margin | 39.4% | 34.2% | 37.3% | 39.0% | 38.4% |
| Operating margin | 14.2% | 1.5% | 12.3% | 15.1% | −21.0% |
| Net income | $1.0B | −$175M | $949M | $1.1B | −$2.1B |
| Net margin | 9.8% | −1.6% | 8.1% | 9.7% | −19.2% |
| Diluted EPS | $4.62 | −$0.81 | $4.37 | $5.35 | −$10.75 |
| Cash | |||||
| Cash from operations | $1.6B | $1.5B | $2.1B | $1.9B | $1.8B |
| Capital expenditure | $523M | $661M | $672M | $674M | $717M |
| Free cash flow | $1.1B | $841M | $1.4B | $1.2B | $1.1B |
| FCF margin | 10.2% | 7.9% | 12.0% | 10.6% | 9.6% |
| Dividends paid | $148M | $329M | $355M | $369M | $376M |
| Share buybacks | $0.0M | $51.5M | $206M | $643M | $648M |
| Share count change | 0.4% | −0.3% | 0.2% | −3.4% | −5.2% |
| Debt and strength | |||||
| Cash and short-term investments | $637M | $600M | $869M | $969M | $897M |
| Debt incl. finance leases | $7.2B | $6.6B | $6.3B | $6.2B | $6.4B |
| Shareholders' equity | $13.4B | $12.7B | $13.2B | $13.1B | $10.2B |
| Net debt / EBITDA | 2.9x | 7.2x | 2.6x | 2.1x | — |
| Current ratio | 0.8x | 0.8x | 0.7x | 0.9x | 0.6x |
| Interest coverage | 5.6x | 0.6x | 6.2x | 6.2x | −9.4x |
| Returns and quality | |||||
| Return on capital | 5.9% | 0.6% | 5.8% | 7.2% | −10.7% |
| Return on equity | 7.8% | −1.3% | 7.3% | 8.5% | −18.4% |
| Piotroski F-score | 8 | 6 | 7 | 8 | 3 |
| Altman Z'' | 2.1 | 1.8 | 2.1 | 2.5 | 0.3 |
Insiders bought, 12 months
$0.6M
4 insiders
Insiders sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Molson Coors · TAP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Molson Coors TAP | $8.0B | −4.2% | −21.0% | 9.6% | −10.7% | — | 3 |
| Constellation Brands STZ | — | −10.5% | 29.8% | 19.6% | 10.7% | — | — |
| Brown–Forman BF-B | $13.3B | −1.2% | 25.5% | 22.7% | 12.9% | 18.7x | 6 |
| Anheuser-Busch InBev BUD | — | −0.8% | 26.0% | 18.9% | — | — | — |
| Boston Beer SAM | $2.1B | −2.4% | 7.4% | 11.0% | 15.4% | — | 7 |
KIRA
At $40.00 a share, the company is worth $8.0B.
Molson Coors grew sales faster than 1 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000024545). Data updated October 11, 2026. For information only — not investment advice. Check the original filings before relying on any figure.