Molson Coors Beverage Co (TAP.A) stock
TAP.ANYSEMalt BeveragesFiscal year ends December 31Also trades as TAP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/3060% below fair value
$44.80+2.57 (+6.09%)
Close on Oct 29, 2026Market cap $7.92BP/E –Yield 4.20%
Molson Coors Beverage gross margin
Gross margin is gross profit as a percentage of revenue.
Molson Coors Beverage's gross margin for the twelve months ending Jun 30, 2026 was 31.7%. For fiscal 2025 it was 32.8%, against 33.0% the year before. The highest annual figure on record is 43.1% in fiscal 2009.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 32.8% | −0.2 |
| FY2024 | Dec 31, 2024 | 33.0% | +1.5 |
| FY2023 | Dec 31, 2023 | 31.5% | +2.9 |
| FY2022 | Dec 31, 2022 | 28.5% | −4.0 |
| FY2021 | Dec 31, 2021 | 32.6% | +0.4 |
| FY2020 | Dec 31, 2020 | 32.1% | −0.2 |
| FY2019 | Dec 31, 2019 | 32.3% | +0.9 |
| FY2018 | Dec 31, 2018 | 31.4% | −4.0 |
| FY2017 | Dec 31, 2017 | 35.4% | +6.8 |
| FY2016 | Dec 31, 2016 | 28.6% | −11.7 |
| FY2015 | Dec 31, 2015 | 40.2% | +12.4 |
| FY2014 | Dec 31, 2014 | 27.9% | +0.2 |
| FY2013 | Dec 31, 2013 | 27.7% | −0.2 |
| FY2012 | Dec 29, 2012 | 27.9% | −0.5 |
| FY2011 | Dec 31, 2011 | 28.4% | −2.3 |
| FY2010 | Dec 25, 2010 | 30.7% | −12.4 |
| FY2009 | Dec 26, 2009 | 43.1% | +2.6 |
| FY2008 | Dec 28, 2008 | 40.5% | +0.3 |
| FY2007 | Dec 30, 2007 | 40.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 29.5% | −4.8 |
| Q1 FY2026 | Mar 31, 2026 | 33.0% | +1.4 |
| Q4 FY2025 | Dec 31, 2025 | 31.0% | −1.0 |
| Q3 FY2025 | Sep 30, 2025 | 33.7% | +0.3 |
| Q2 FY2025 | Jun 30, 2025 | 34.3% | −0.4 |
| Q1 FY2025 | Mar 31, 2025 | 31.6% | +0.0 |
| Q4 FY2024 | Dec 31, 2024 | 32.0% | +1.0 |
| Q3 FY2024 | Sep 30, 2024 | 33.4% | −1.1 |
| Q2 FY2024 | Jun 30, 2024 | 34.6% | +3.2 |
| Q1 FY2024 | Mar 31, 2024 | 31.6% | +3.8 |
| Q4 FY2023 | Dec 31, 2023 | 31.0% | +1.6 |
| Q3 FY2023 | Sep 30, 2023 | 34.5% | +6.5 |
| Q2 FY2023 | Jun 30, 2023 | 31.5% | +8.1 |
| Q1 FY2023 | Mar 31, 2023 | 27.8% | −7.3 |
| Q4 FY2022 | Dec 31, 2022 | 29.4% | +2.5 |
| Q3 FY2022 | Sep 30, 2022 | 28.0% | −6.8 |
| Q2 FY2022 | Jun 30, 2022 | 23.4% | −12.3 |
| Q1 FY2022 | Mar 31, 2022 | 35.1% | +2.7 |
| Q4 FY2021 | Dec 31, 2021 | 26.8% | −5.4 |
| Q3 FY2021 | Sep 30, 2021 | 34.7% | −0.8 |
| Q2 FY2021 | Jun 30, 2021 | 35.7% | +1.1 |
| Q1 FY2021 | Mar 31, 2021 | 32.4% | +7.8 |
| Q4 FY2020 | Dec 31, 2020 | 32.2% | +1.0 |
| Q3 FY2020 | Sep 30, 2020 | 35.6% | +2.5 |
| Q2 FY2020 | Jun 30, 2020 | 34.6% | +1.7 |
| Q1 FY2020 | Mar 31, 2020 | 24.6% | −7.2 |
| Q4 FY2019 | Dec 31, 2019 | 31.3% | +4.1 |
| Q3 FY2019 | Sep 30, 2019 | 33.1% | −0.6 |
| Q2 FY2019 | Jun 30, 2019 | 32.8% | −2.4 |
| Q1 FY2019 | Mar 31, 2019 | 31.8% | +4.0 |
| Q4 FY2018 | Dec 31, 2018 | 27.2% | −5.8 |
| Q3 FY2018 | Sep 30, 2018 | 33.7% | −2.8 |
| Q2 FY2018 | Jun 30, 2018 | 35.2% | +0.0 |
| Q1 FY2018 | Mar 31, 2018 | 27.7% | −9.2 |
| Q4 FY2017 | Dec 31, 2017 | 33.0% | +5.0 |
| Q3 FY2017 | Sep 30, 2017 | 36.4% | +5.8 |
| Q2 FY2017 | Jun 30, 2017 | 35.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 36.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 28.0% | – |
| Q3 FY2016 | Sep 30, 2016 | 30.7% | – |