Molson Coors Beverage Company
TAP Consumer Defensive Beverages Brewers
In the quarter to June 2026, revenue fell 3.26%, EPS fell 42.1%, free cash flow grew 29.4% and total debt rose 22.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
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Molson Coors Beverage Company (TAP) Piotroski F-score
Molson Coors Beverage Company's Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, down from 7 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | (2.00) |
| FY2024 | 7 | (1.00) |
| FY2023 | 8 | 2.00 |
| FY2022 | 6 | (2.00) |
| FY2021 | 8 | 4.00 |
| FY2020 | 4 | (2.00) |
| FY2019 | 6 | 2.00 |
| FY2018 | 4 | (2.00) |
| FY2017 | 6 | 3.00 |
| FY2016 | 3 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (8.77%) | 4.28% | Fail | 0 |
| Positive operating cash flow | 1.78b | 1.91b | Pass | 1 |
| Rising return on assets | (8.77%) | 4.28% | Fail | 0 |
| Cash flow above net income | 3.92b | 787.90m | Pass | 1 |
| Falling long-term leverage | 0.16 | 0.23 | Pass | 1 |
| Rising current ratio | 0.55 | 0.94 | Fail | 0 |
| No new shares issued | 199,100,000 | 208,800,000 | Pass | 1 |
| Rising gross margin | 38.37% | 38.99% | Fail | 0 |
| Rising asset turnover | 0.46 | 0.44 | Pass | 1 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| SAM The Boston Beer Company, Inc. compare | 8 |
| ABEV Ambev S.A. compare | 7 |
| BUD Anheuser-Busch InBev SA/NV compare | 7 |
| STZ Constellation Brands Inc compare | 6 |
| CCU Compania Cervecerias Unidas, S.A. compare | 6 |
| TAP Molson Coors Beverage Company | 5 |
| FMX Fomento Economico Mexicano S.A.B. de C.V. compare | 5 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover