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 operating income
Operating income is the profit from the core business after operating expenses such as R&D and selling costs, before interest and taxes.
Molson Coors Beverage's operating income for the twelve months ending Jun 30, 2026 was -$2.52B, down 256.4% year over year. For fiscal 2025 it was -$2.34B, down 233.3% from the year before. The highest annual figure on record is $3.32B in fiscal 2016.
Annual operating income
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -$2.34B | -233.3% |
| FY2024 | Dec 31, 2024 | $1.75B | +21.9% |
| FY2023 | Dec 31, 2023 | $1.44B | +813.1% |
| FY2022 | Dec 31, 2022 | $157.50M | -89.2% |
| FY2021 | Dec 31, 2021 | $1.45B | – |
| FY2020 | Dec 31, 2020 | -$408.90M | -153.5% |
| FY2019 | Dec 31, 2019 | $764.40M | -53.2% |
| FY2018 | Dec 31, 2018 | $1.63B | -2.7% |
| FY2017 | Dec 31, 2017 | $1.68B | -49.5% |
| FY2016 | Dec 31, 2016 | $3.32B | +485.8% |
| FY2015 | Dec 31, 2015 | $567.20M | -21.9% |
| FY2014 | Dec 31, 2014 | $726.50M | -9.8% |
| FY2013 | Dec 31, 2013 | $805.70M | -7.1% |
| FY2012 | Dec 29, 2012 | $867.40M | -2.9% |
| FY2011 | Dec 31, 2011 | $893.20M | +3.3% |
| FY2010 | Dec 25, 2010 | $864.50M | +14.7% |
| FY2009 | Dec 26, 2009 | $754.00M | +21.2% |
| FY2008 | Dec 28, 2008 | $622.00M | -3.0% |
| FY2007 | Dec 30, 2007 | $641.10M | – |
Quarterly operating income
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $331.90M | -43.1% |
| Q1 FY2026 | Mar 31, 2026 | $258.30M | +38.6% |
| Q4 FY2025 | Dec 31, 2025 | $324.30M | -16.4% |
| Q3 FY2025 | Sep 30, 2025 | -$3.43B | -860.4% |
| Q2 FY2025 | Jun 30, 2025 | $583.60M | -2.7% |
| Q1 FY2025 | Mar 31, 2025 | $186.30M | -40.7% |
| Q4 FY2024 | Dec 31, 2024 | $388.10M | +94.7% |
| Q3 FY2024 | Sep 30, 2024 | $451.20M | -23.8% |
| Q2 FY2024 | Jun 30, 2024 | $599.60M | +22.7% |
| Q1 FY2024 | Mar 31, 2024 | $314.30M | +98.7% |
| Q4 FY2023 | Dec 31, 2023 | $199.30M | – |
| Q3 FY2023 | Sep 30, 2023 | $592.20M | +79.4% |
| Q2 FY2023 | Jun 30, 2023 | $488.50M | +326.6% |
| Q1 FY2023 | Mar 31, 2023 | $158.20M | -29.5% |
| Q4 FY2022 | Dec 31, 2022 | -$511.50M | -410.0% |
| Q3 FY2022 | Sep 30, 2022 | $330.10M | -37.9% |
| Q2 FY2022 | Jun 30, 2022 | $114.50M | -80.3% |
| Q1 FY2022 | Mar 31, 2022 | $224.40M | +26.6% |
| Q4 FY2021 | Dec 31, 2021 | $165.00M | – |
| Q3 FY2021 | Sep 30, 2021 | $531.40M | +4.5% |
| Q2 FY2021 | Jun 30, 2021 | $580.80M | +26.8% |
| Q1 FY2021 | Mar 31, 2021 | $177.20M | – |
| Q4 FY2020 | Dec 31, 2020 | -$1.28B | -512.6% |
| Q3 FY2020 | Sep 30, 2020 | $508.30M | – |
| Q2 FY2020 | Jun 30, 2020 | $458.00M | -2.3% |
| Q1 FY2020 | Mar 31, 2020 | -$92.50M | -141.6% |
| Q4 FY2019 | Dec 31, 2019 | $310.90M | +119.4% |
| Q3 FY2019 | Sep 30, 2019 | -$237.30M | -150.5% |
| Q2 FY2019 | Jun 30, 2019 | $468.70M | -20.7% |
| Q1 FY2019 | Mar 31, 2019 | $222.10M | -48.3% |
| Q4 FY2018 | Dec 31, 2018 | $141.70M | -47.6% |
| Q3 FY2018 | Sep 30, 2018 | $469.70M | -7.2% |
| Q2 FY2018 | Jun 30, 2018 | $590.90M | +10.1% |
| Q1 FY2018 | Mar 31, 2018 | $429.50M | +17.9% |
| Q4 FY2017 | Dec 31, 2017 | $270.20M | -89.3% |
| Q3 FY2017 | Sep 30, 2017 | $506.20M | +75.0% |
| Q2 FY2017 | Jun 30, 2017 | $536.90M | – |
| Q1 FY2017 | Mar 31, 2017 | $364.40M | – |
| Q4 FY2016 | Dec 31, 2016 | $2.52B | – |
| Q3 FY2016 | Sep 30, 2016 | $289.20M | – |