Molson Coors Beverage Co (TAP) Financial Statements
Industry: Malt Beverages
In fiscal 2025, Molson Coors Beverage reported revenue of $13.04B, down 5.1% from $13.73B the year before. Net income was -$2.14B (a -16.4% net margin), or -$10.75 per diluted share. Gross margin was 32.8% and operating margin was -17.9%. Operating activities generated $1.78B of cash, leaving $1.07B of free cash flow. At fiscal year end, Molson Coors Beverage held $22.74B in total assets against $12.20B in total liabilities, including $896.5M of cash and equivalents.
Open the full interactive Molson Coors Beverage financials → Quarterly statements, key ratios, valuation history and price charts.
Molson Coors Beverage Key Stats
| Share Price | $38.52 |
|---|---|
| Market Cap | $7.23B |
| Dividend Yield | 5.08% |
| Revenue YoY Growth | -5.1% |
| 52-Week Range | $35.95 – $52.58 |
| Shares Outstanding | 187.5 million (basic, 2026 Q2) |
Molson Coors Beverage Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $11.72B | $12.45B | $12.81B | $13.88B | $13.73B | $13.04B |
| Cost of Goods Sold | $5.89B | $6.23B | $7.05B | $7.33B | $7.09B | $6.87B |
| Gross Profit | $3.77B | $4.05B | $3.66B | $4.37B | $4.53B | $4.27B |
| Operating Income | -$408.9M | $1.45B | $157.5M | $1.44B | $1.75B | -$2.34B |
| Pre-Tax Income | -$643.9M | $1.24B | -$62.5M | $1.25B | $1.50B | -$2.52B |
| Income Tax | $301.8M | $230.5M | $124.0M | $296.1M | $345.3M | -$337.8M |
| Net Income | -$949.0M | $1.01B | -$175.3M | $948.9M | $1.12B | -$2.14B |
| Diluted EPS | -$4.38 | $4.62 | -$0.81 | $4.37 | $5.35 | -$10.75 |
Molson Coors Beverage Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.48B | $3.13B | $2.72B | $3.60B |
| Net Income | -$2.93B | $238.3M | $151.3M | $231.7M |
| Diluted EPS | -$14.79 | $1.20 | $0.80 | $1.23 |
Molson Coors Beverage Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $770.1M | $637.4M | $600.0M | $868.9M | $969.3M | $896.5M |
| Current Assets | $2.42B | $2.78B | $2.64B | $2.85B | $2.85B | $2.94B |
| Total Assets | $27.33B | $27.62B | $25.87B | $26.38B | $26.06B | $22.74B |
| Current Liabilities | $3.91B | $3.62B | $3.38B | $4.09B | $3.05B | $5.31B |
| Total Long-Term Debt | $8.21B | $7.16B | $6.54B | $6.20B | $6.13B | $6.26B |
| Total Liabilities | $14.71B | $13.95B | $12.95B | $12.94B | $12.61B | $12.20B |
| Shareholders' Equity | $12.37B | $13.42B | $12.69B | $13.20B | $13.09B | $10.23B |
Molson Coors Beverage Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.70B | $1.57B | $1.50B | $2.08B | $1.91B | $1.78B |
| Cash From Investing | -$413.6M | -$509.9M | -$625.1M | -$841.7M | -$648.0M | -$822.1M |
| Cash From Financing | -$1.07B | -$1.17B | -$889.5M | -$981.4M | -$1.14B | -$1.06B |
| Free Cash Flow | $1.12B | $1.05B | $840.6M | $1.41B | $1.24B | $1.07B |
| Dividends Paid | $125.3M | $147.8M | $329.3M | $354.7M | $369.2M | $376.3M |
Figures from Molson Coors Beverage's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Molson Coors Beverage financials page for every line item.
Molson Coors Beverage Company Profile
| Ticker | TAP |
|---|---|
| Exchange | NYSE |
| Industry | Malt Beverages |
| Headquarters | Golden, Colorado |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000024545 |
Frequently Asked Questions
What was Molson Coors Beverage's revenue in fiscal 2025?
Molson Coors Beverage (TAP) reported revenue of $13.04B for fiscal 2025.
What is Molson Coors Beverage's annual revenue history?
Molson Coors Beverage's annual revenue by fiscal year: 2020: $11.72B; 2021: $12.45B; 2022: $12.81B; 2023: $13.88B; 2024: $13.73B; 2025: $13.04B.
What was Molson Coors Beverage's net income in fiscal 2025?
Molson Coors Beverage reported net income of -$2.14B for fiscal 2025.
What was Molson Coors Beverage's earnings per share (EPS) in fiscal 2025?
Molson Coors Beverage's diluted EPS was -$10.75 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Molson Coors Beverage generate in fiscal 2025?
Molson Coors Beverage generated $1.07B of free cash flow in fiscal 2025.
What was Molson Coors Beverage's revenue last quarter?
In its most recent reported quarter (2026 Q2), Molson Coors Beverage reported revenue of $3.60B.
How much debt does Molson Coors Beverage have?
Molson Coors Beverage reported $6.26B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Molson Coors Beverage are outstanding?
Molson Coors Beverage reported a weighted average of 187.5 million basic shares outstanding in 2026 Q2.
What is Molson Coors Beverage's market cap?
Based on its latest closing price, Molson Coors Beverage (TAP) has a market capitalization of about $7.23B.
When does Molson Coors Beverage's fiscal year end?
Molson Coors Beverage's fiscal year end, as registered with the SEC, is December 31.
Where is Molson Coors Beverage headquartered?
Molson Coors Beverage lists its business address in Golden, Colorado in its SEC filings.