Molson Coors Beverage Company Class B (TAP)

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Molson Coors Beverage Company is a major global brewer and beverage company whose Class B shares trade under the symbol TAP. The company owns and markets some of the most recognized beer brands in North America and Europe, including Coors Light, Miller Lite, Molson Canadian, Blue Moon, Carling and a wide range of regional and craft labels. It ranks among the largest brewers in the United States, Canada and the United Kingdom by both volume and value.

The company’s largest market is North America, which contributes the substantial majority of revenue. Molson Coors also operates in Europe and sells selected brands internationally through local platforms and partnerships. Its business spans brewing, packaging, distribution, brand marketing and retailer relationships across bars, restaurants, supermarkets, convenience stores and other channels.

Although beer remains its core category, Molson Coors has expanded its strategy beyond traditional lager. It participates in flavored malt beverages, hard seltzers, nonalcoholic offerings, premium beers and other beverage categories. Licensing and distribution agreements allow it to handle selected partner brands associated with companies such as Heineken, Anheuser-Busch InBev, Asahi, Fever-Tree and Coca-Cola, broadening its reach beyond brands it owns outright.

Molson Coors is distinctive because it combines scale in mainstream beer with a push into premium, above-premium and nonbeer products. Its results are shaped by consumer drinking trends, brand strength, input costs, advertising investment, distributor execution and competition from global brewers, spirits companies and emerging beverage brands. The company’s portfolio gives it a meaningful role in both mass-market beer and evolving beverage consumption.

38.62 USD
38.05 USD
−0.29 (-0.75%)
After-hours

Last updated

Market Cap
7.3B
P/E
P/FCF
6.26
P/S
0.56
Enterprise Value
13.19B
Sector
Consumer Staples
Industry
Malt Beverages
Address
P.O. BOX 4030, GOLDEN, CO, 80401
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Market Cap
7.3B
Enterprise Value
13.19B
P/E
P/B
0.73
P/S
0.56
EV / EBITDA
6.4
EV / Sales
1.01
EPS
-11.25
Dividend Yield
5.08%
P/FCF
6.26
P/CF
3.89
Free Cash Flow
1.17B
ROE
-20.98%
ROA
-9.43%
Debt / Equity
0.62
Current Ratio
0.54
Quick Ratio
0.38
Cash
0.07
Avg Volume
3.4M
Fundamentals Snapshot Price
38.91

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 2.72B 3.13B 3.48B 3.74B 2.69B
Gross profit 1.26B 1.43B 1.68B 1.28B 1.24B
Operating income 255.1M -3.63B 490.3M 587.1M 181.8M
EBITDA 440.8M 192.4M 670.1M 757.2M 362.1M
Net income 151.3M 238.3M -2.93B 428.7M 121M
Basic EPS 0.8 1.12 -14.79 2.14 0.6
Diluted EPS 0.8 1.12 -14.79 2.13 0.59

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 22.37B 22.74B 22.87B 26.83B 25.93B
Total liabilities 12B 12.2B 12.2B 13.03B 12.48B
Total equity 10.25B 10.43B 10.52B 13.64B 13.29B
Cash & equivalents 382.6M 896.5M 950.2M 613.8M 412.7M
Current assets 2.74B 2.94B 3.23B 3.08B 2.56B
Current liabilities 5.12B 5.31B 5.34B 3.24B 2.87B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 2.5M 540.7M 616.1M 718.3M -90.7M
Investing cash flow -230.1M -187M -135.4M -158.4M -341.3M
Financing cash flow -282.2M -410.2M -140.4M -375M -131.2M
Change in cash -513.9M -53.7M 336.4M 201.1M -556.6M
Kind Filing Date Link
edgar index 8-K — MOLSON COORS BEVERAGE CO View Filing
eight k text 8-K — 8-K View Filing
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form 4 Form 4 — Molson Geoffrey E. View Filing
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form 4 Form 4 — Eaton Roger G. View Filing
form 4 Form 4 — Molson Geoffrey E. View Filing
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form 4 Form 4 — O'Sullivan Nessa View Filing
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edgar index 4 — MOLSON COORS BEVERAGE CO View Filing
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edgar index 4 — MOLSON COORS BEVERAGE CO View Filing
edgar index 8-K — MOLSON COORS BEVERAGE CO View Filing
edgar index 4 — MOLSON COORS BEVERAGE CO View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Cocks Christian P View Filing
form 4 Form 4 — Coors David S. View Filing
form 4 Form 4 — Coors Peter Joseph View Filing
form 4 Form 4 — Coors Peter Joseph View Filing
form 4 Form 4 — Coors Peter Joseph View Filing
form 4 Form 4 — Eaton Roger G. View Filing
form 4 Form 4 — FergusonMchugh MaryLynn View Filing
form 4 Form 4 — HERINGTON CHARLES M View Filing
form 4 Form 4 — Molson Andrew Thomas View Filing
form 4 Form 4 — Molson Andrew Thomas View Filing
form 4 Form 4 — Molson Geoffrey E. View Filing
form 4 Form 4 — Molson Geoffrey E. View Filing
form 4 Form 4 — Molson Geoffrey E. View Filing
form 4 Form 4 — O'Sullivan Nessa View Filing
form 4 Form 4 — Riley H Sanford View Filing
form 4 Form 4 — Timm Jill View Filing
form 4 Form 4 — Williams Leroy James Jr View Filing
form 4 Form 4 — Winnefeld James A Jr View Filing
edgar index SCHEDULE 13G — MOLSON COORS BEVERAGE CO View Filing
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form 4 Form 4 — Joubert Tracey View Filing
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edgar index 4 — MOLSON COORS BEVERAGE CO View Filing
form 4 Form 4 — Coors Peter Joseph View Filing
form 4 Form 4 — Stelter Roxanne View Filing
form 4 Form 4 — HERINGTON CHARLES M View Filing
form 4 Form 4 — Cocks Christian P View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing
edgar index 4/A — MOLSON COORS BEVERAGE CO View Filing