stockrowMolson Coors Beverage Company
TAP Consumer Defensive Beverages Brewers
Molson Coors Beverage Company’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, down 4.18% from fiscal 2024.
- Revenue
- −1.58%
- EPS
- +109.9%
- Free cash flow
- −31.4%
- Total debt
- −4.71%
Quarter to September 2026, against a year earlier
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Molson Coors Beverage Company (TAP) Altman Z-score
Molson Coors Beverage Company's Altman Z-score for fiscal 2025 is 0.83, in the distress zone (below 1.81).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.83 | (0.83) |
| FY2024 | 1.66 | 0.09 |
| FY2023 | 1.58 | 0.29 |
| FY2022 | 1.29 | (0.03) |
| FY2021 | 1.32 | 0.34 |
| FY2020 | 0.97 | (0.25) |
| FY2019 | 1.22 | (0.06) |
| FY2018 | 1.28 | (0.17) |
| FY2017 | 1.44 | (0.11) |
| FY2016 | 1.55 | (1.55) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | (0.10) | — | −0.13 | |
| Retained earnings / total assets | 0.25 | — | 0.35 | |
| EBIT / total assets | (0.10) | — | −0.34 | |
| Market value of equity / total liabilities | 0.75 | — | 0.45 | |
| Sales / total assets | 0.49 | — | 0.49 | |
| Altman Z-score | Distress zone | 0.83 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | 0.33 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| SAM The Boston Beer Company, Inc. compare | 6.1× |
| ABEV Ambev S.A. compare | 3.9× |
| STZ Constellation Brands Inc compare | 2.9× |
| FMX Fomento Economico Mexicano S.A.B. de C.V. compare | 2.8× |
| CCU Compania Cervecerias Unidas, S.A. compare | 2.2× |
| BUD Anheuser-Busch InBev SA/NV compare | 1.4× |
| TAP Molson Coors Beverage Company | 0.8× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on TAP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement