Molson Coors Beverage Company

NYSE:TAP Stock Report

Market Cap: US$12.2b

Molson Coors Beverage Past Earnings Performance

Past criteria checks 5/6

Molson Coors Beverage has been growing earnings at an average annual rate of 36.7%, while the Beverage industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 3.7% per year. Molson Coors Beverage's return on equity is 7.1%, and it has net margins of 8%.

Key information

36.7%

Earnings growth rate

37.0%

EPS growth rate

Beverage Industry Growth4.4%
Revenue growth rate3.7%
Return on equity7.1%
Net Margin8.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Molson Coors Beverage's (NYSE:TAP) Performance Is Even Better Than Its Earnings Suggest

Feb 20
Molson Coors Beverage's (NYSE:TAP) Performance Is Even Better Than Its Earnings Suggest

Recent updates

Is Molson Coors Beverage (NYSE:TAP) Using Too Much Debt?

Nov 18
Is Molson Coors Beverage (NYSE:TAP) Using Too Much Debt?

Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares

Nov 11

At US$55.71, Is Molson Coors Beverage Company (NYSE:TAP) Worth Looking At Closely?

Nov 05
At US$55.71, Is Molson Coors Beverage Company (NYSE:TAP) Worth Looking At Closely?

Molson Coors Beverage Company's (NYSE:TAP) Shares Lagging The Industry But So Is The Business

Oct 08
Molson Coors Beverage Company's (NYSE:TAP) Shares Lagging The Industry But So Is The Business

With EPS Growth And More, Molson Coors Beverage (NYSE:TAP) Makes An Interesting Case

Sep 23
With EPS Growth And More, Molson Coors Beverage (NYSE:TAP) Makes An Interesting Case

Molson Coors Is Doing Everything Right... Except This One Big Thing

Sep 12

Molson Coors: Premiumization And Expertise Are Stock Price Drivers

Aug 27

Molson Coors Beverage (NYSE:TAP) Has A Pretty Healthy Balance Sheet

Aug 14
Molson Coors Beverage (NYSE:TAP) Has A Pretty Healthy Balance Sheet

Near 52-Week Lows, Molson Coors Beverage Offers A Compelling Value And Income Play

Jul 05

Is There Now An Opportunity In Molson Coors Beverage Company (NYSE:TAP)?

Jun 25
Is There Now An Opportunity In Molson Coors Beverage Company (NYSE:TAP)?

There's Been No Shortage Of Growth Recently For Molson Coors Beverage's (NYSE:TAP) Returns On Capital

Jun 07
There's Been No Shortage Of Growth Recently For Molson Coors Beverage's (NYSE:TAP) Returns On Capital

There's No Escaping Molson Coors Beverage Company's (NYSE:TAP) Muted Revenues

May 22
There's No Escaping Molson Coors Beverage Company's (NYSE:TAP) Muted Revenues

Molson Coors: A Plunge After Q1 Earnings Is A Buying Opportunity

May 03

We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt

Apr 01
We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt

Is There Now An Opportunity In Molson Coors Beverage Company (NYSE:TAP)?

Mar 19
Is There Now An Opportunity In Molson Coors Beverage Company (NYSE:TAP)?

Molson Coors Beverage's (NYSE:TAP) Performance Is Even Better Than Its Earnings Suggest

Feb 20
Molson Coors Beverage's (NYSE:TAP) Performance Is Even Better Than Its Earnings Suggest

Is Molson Coors Beverage Company (NYSE:TAP) Trading At A 49% Discount?

Feb 01
Is Molson Coors Beverage Company (NYSE:TAP) Trading At A 49% Discount?

Molson Coors Beverage Company (NYSE:TAP) Not Lagging Market On Growth Or Pricing

Jan 03
Molson Coors Beverage Company (NYSE:TAP) Not Lagging Market On Growth Or Pricing

Molson Coors Beverage: Strategy For Growth And Innovation

Jan 02

Molson Coors Beverage: Growth Is Sustainable And Market Share Gains Should Stick

Nov 29

Molson Coors: Still One Of My Favorite Buys

Nov 08

Molson Coors Beverage Is A Deep Value Buy

Oct 26

Molson Coors: Coming Down Again After The Bud Light Controversy

Oct 05

Molson Coors: TAP's Resilience And Revenue Expansion Plan

Sep 12

Molson-Coors Wins Beyond Domestic Beer

Sep 01

Molson Coors: Cheers After A Hangover At Its Competitor

Jul 17

Molson Coors Q4 2022 Earnings Preview

Feb 20

Revenue & Expenses Breakdown

How Molson Coors Beverage makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:TAP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2411,6829382,5530
30 Jun 2411,9381,1692,5860
31 Mar 2411,9521,0842,5970
31 Dec 2311,7029492,5620
30 Sep 2311,5412552,4550
30 Jun 2311,178412,3000
31 Mar 2310,833-2542,2650
31 Dec 2210,701-1752,3180
30 Sep 2210,6914952,5550
30 Jun 2210,5787322,4540
31 Mar 2210,5961,0732,4250
31 Dec 2110,2801,0062,2900
30 Sep 219,955-4442,2730
30 Jun 219,886-5542,2460
31 Mar 219,450-7482,0940
31 Dec 209,654-9492,1870
30 Sep 209,8465852,2110
30 Jun 209,934-1612,4310
31 Mar 2010,379-272,7310
31 Dec 1910,5792422,4790
30 Sep 1910,5121542,7280
30 Jun 1910,6058952,7440
31 Mar 1910,7419902,6570
31 Dec 1810,7701,1172,7260
30 Sep 1810,9311,7812,8260
30 Jun 1810,8801,7292,8890
31 Mar 1810,8861,6352,9220
31 Dec 1711,0031,5662,9340
30 Sep 1710,7172,2812,8880
30 Jun 178,7822,1972,3880
31 Mar 176,6772,0411,9300
31 Dec 164,8851,5941,4800
30 Sep 163,4355731,0380
30 Jun 163,5053841,0350
31 Mar 163,5254401,0090
31 Dec 153,5683911,0310
30 Sep 153,6974151,0330
30 Jun 153,8483661,0540
31 Mar 154,0304271,0940
31 Dec 144,1465141,1140
30 Sep 144,2015571,1360
30 Jun 144,2047261,1310
31 Mar 144,1947011,1200
31 Dec 134,2065651,1350

Quality Earnings: TAP has high quality earnings.

Growing Profit Margin: TAP's current net profit margins (8%) are higher than last year (2.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TAP's earnings have grown significantly by 36.7% per year over the past 5 years.

Accelerating Growth: TAP's earnings growth over the past year (267.7%) exceeds its 5-year average (36.7% per year).

Earnings vs Industry: TAP earnings growth over the past year (267.7%) exceeded the Beverage industry 10.8%.


Return on Equity

High ROE: TAP's Return on Equity (7.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Molson Coors Beverage Company is covered by 47 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Erin SmithArgus Research Company
Ishan MajumdarBaptista Research
Michael BrancaBarclays