Molson 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

40.40 1.83 −4.33%
Market cap
$7.9B
P/E
8.9×
Fwd P/E
8.8×
Dividend yield
4.53%
F-score
5/9
Altman Z
0.83
Beneish M
−3.39
Dividend safety
43/100

Molson Coors Beverage Company (TAP) Gross margin

Alert me on Gross margin

Molson Coors Beverage Company's gross margin over the twelve months to 30 September 2026 was 35.9%, down 2.5 percentage points from fiscal 2025 (38.4%). Over the past ten years it has ranged from 34.2% (fiscal 2022) to 43.3% (fiscal 2017); the current reading is higher than 27% of that period. That is below the Beverages Brewers industry median of 49.1% and in line with the Consumer Defensive sector median of 34.6%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 38.4% (0.62)
FY2024 39.0% 1.66
FY2023 37.3% 3.17
FY2022 34.2% (5.27)
FY2021 39.4% 0.40
FY2020 39.0% (0.68)
FY2019 39.7% 0.85
FY2018 38.9% (4.46)
FY2017 43.3% 4.71
FY2016 38.6% (1.64)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 35.2% 0.87
Jun 2026 34.3% (3.82)
Mar 2026 38.2% 1.79
Dec 2025 36.4% (3.10)
43 more quarters

Against its own ten years

Low 34.2% High 43.3%
Ten-year median 39.0%
Current reading's percentile 12

Gross margin against peers

Company Gross margin
BUD Anheuser-Busch InBev SA/NV compare 56.5%
STZ Constellation Brands Inc compare 52.7%
ABEV Ambev S.A. compare 51.5%
SAM The Boston Beer Company, Inc. compare 49.1%
CCU Compania Cervecerias Unidas, S.A. compare 44.7%
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 40.5%
TAP Molson Coors Beverage Company 35.9%
Beverages Brewers industry median 49.1%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on TAP