TAPMolson Coors Beverage Company
$40.32-4.6% 1Y
$40.32
$35.9552 weeks$53.19
Latest close: below its 200-day averageNov 6, 2026what changed →
The business
How TAP's business earns
Molson Coors Beverage Company earns 6.7% on the capital it employs against an estimated 9.0% cost of capital.
6.7%
Return on invested capital · cost of capital 9.0% · 2.3 points below the estimated cost of capital
- Operating margin
- 12%
Operating margin · Beverages - Brewers median 19% · 12 months to Sep 30, 2026
- Share count, year on year
- −5.6%
Share count, year on year · fewer shares than a year ago
- Gross margin
- 36%
Gross margin
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | −4.2% |
| FY2021 | 14% |
| FY2022 | 1.5% |
| FY2023 | 12% |
| FY2024 | 15% |
| FY2025 | −21% |
Details›
- Gross margin12 months to Sep 30, 2026
- 36%
- Operating margin12 months to Sep 30, 2026
- 12%
- Net margin12 months to Sep 30, 2026
- 8.1%
- Revenue, trailing twelve months
- $11.0B
- Net income, trailing twelve months
- $893M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 6.7%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Consumer Defensive
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