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NYSE · Consumer Staples

MOLSON COORS BEVERAGE CO (TAP)

As-reported financials and SEC filings for MOLSON COORS BEVERAGE CO. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MOLSON COORS BEVERAGE CO

Molson Coors Beverage Company produces and sells a wide range of alcoholic and non-alcoholic beverages, including beers such as Coors Light, Miller Lite, and Blue Moon, as well as flavored beverages, spirits, and non-alcoholic drinks. The company operates primarily in the Americas and EMEA&APAC regions, serving consumers through owned, partner, and licensed brands. It manages production, marketing, distribution, and sales across multiple countries, targeting various consumer segments and occasions.

Snapshot

Revenue
$11.14B
Revenue growth (YoY)
-4.2%
Net income
$-2.14B
Diluted EPS
$-10.75
Gross margin
38.4%
Operating margin
-21.0%
Net margin
-19.2%
FCF margin
9.6%
ROE
-20.5%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$7.24B
Long-term debt / equity
0.37×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Molson Coors Beverage

  • Revenue fell 4.2% to $11.1B in FY2025, after a 0.6% decline the year before.
  • Operating margin is now a 21.0% loss in FY2025, from 14.1% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $3.6B, down 3.6% from Q2 FY2025.
  • Free cash flow was $1.1B in FY2025, 9.6% of revenue.
  • Net income turned to a $2.1B loss in FY2025, from a $1.1B profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Molson Coors Beverage’s fundamentals sit among the 113 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin38.4%
69th percentile of 97
Operating margin-21.0%
11th percentile of 100
Net margin-19.2%
11th percentile of 105
FCF margin9.6%
73rd percentile of 99
Revenue growth (YoY)-4.2%
24th percentile of 110
ROE-20.5%
22nd percentile of 99
Long-term debt / equity0.37×
38th percentile of 74
Short interest10.12d
93rd percentile of 111

Molson Coors Beverage’s operating margin of -21.0% ranks in the 11th percentile of the 100 Consumer Staples companies reporting it. Molson Coors Beverage’s net margin of -19.2% ranks in the 11th percentile of the 105 Consumer Staples companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$1.37B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$742.8M19.1MAdded
AQR Capital ManagementquantQ2 2026$432.8M11.1MAdded
Two Sigma InvestmentsquantQ2 2026$68.3M1.8MAdded
Gotham Asset ManagementQ2 2026$47.2M1.2MAdded
Millennium ManagementquantQ2 2026$35.6M914.0KAdded
D. E. ShawquantQ2 2026$20.3M520.9KReduced
Citadel AdvisorsquantQ2 2026$16.1M413.2KReduced
Bridgewater AssociatesQ2 2026$9.4M241.0KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-21
filed 2026-05-22
Molson Geoffrey E.DirectorSell1.2K$42.50$53K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
27.0M
settled 2026-08-14
Change vs prior
-3.7%
vs previous settlement
Days to cover
10.12
at avg daily volume
Avg daily volume
2.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1427.0M-3.7%10.12
2026-07-3128.1M-0.6%9.10
2026-07-1528.2M+1.9%8.84
2026-06-3027.7M+2.6%7.65
2026-06-1527.0M+7.2%8.19
2026-05-2925.2M+17.2%8.11
2026-05-1521.5M+14.3%6.20
2026-04-3018.8M+9.2%5.48

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$11.14B$11.63B$11.70B$10.70B$10.28B
Gross profit$4.27B$4.53B$4.37B$3.66B$4.05B
Operating income$-2.34B$1.75B$1.44B$157.5M$1.45B
Net income$-2.14B$1.12B$948.9M$-175.3M$1.01B
Diluted EPS$-10.75$5.35$4.37$-0.81

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.78B$1.91B$2.08B$1.50B$1.57B
Capital expenditure$716.6M$674.1M$671.5M$661.4M$522.6M
Free cash flow$1.07B$1.24B$1.41B$840.6M$1.05B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$3.60B-3.6%$231.7M$1.23
Q4 FY2025$1.23B7.9%$238.3M$1.22
Q3 FY2025$3.48B-3.3%$-2.93B$-14.79
Q2 FY2025$3.74B-2.6%$428.7M$2.13
Q1 FY2025$2.69B-11.8%$121.0M$0.59
Q4 FY2024$1.14B-1.2%$287.8M$1.39
Q3 FY2024$3.60B-7.7%$199.8M$0.96
Q2 FY2024$3.84B-0.9%$427.0M$2.03

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorConsumer Staples
SIC industryMalt Beverages
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK24545

Selected SEC filings

10-Q2026-08-06
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-24
View on EDGAR →
8-K2026-05-27
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest Consumer Staples peers

All Consumer Staples companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.