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

39.83 2.40 −5.68%
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) Operating margin

Alert me on Operating margin

Molson Coors Beverage Company's operating margin over the twelve months to 30 September 2026 was 0.00%, up 21.0 percentage points from fiscal 2025 (−21.0%). Over the past ten years it has ranged from −21.0% (fiscal 2025) to 78.3% (fiscal 2016) — the current reading is the lowest in ten years. That is below the Beverages Brewers industry median of 8.53% and below the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −21.0% (36.06)
FY2024 15.1% 2.79
FY2023 12.3% 10.82
FY2022 1.47% (12.68)
FY2021 14.2% 18.39
FY2020 −4.24% (11.47)
FY2019 7.23% (7.92)
FY2018 15.2% (0.10)
FY2017 15.3% (63.02)
FY2016 78.3% 47.90

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 0.00% (10.72)
Jun 2026 10.7% (0.27)
Mar 2026 11.0% (1.08)
Dec 2025 12.1% 127.36
43 more quarters

Against its own ten years

Low −21.0% High 78.3%
Ten-year median 14.2%
Current reading's percentile 9

Operating margin against peers

Company Operating margin
STZ Constellation Brands Inc compare 30.2%
ABEV Ambev S.A. compare 26.6%
BUD Anheuser-Busch InBev SA/NV compare 26.3%
FMX Fomento Economico Mexicano S.A.B. de C.V. compare 8.53%
CCU Compania Cervecerias Unidas, S.A. compare 7.32%
TAP Molson Coors Beverage Company 0.00%
SAM The Boston Beer Company, Inc. compare −5.05%
Beverages Brewers industry median 8.53%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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