10x Insights
Loading account…
Companies / Consumer Staples / Molson Coors Beverage Company
TAP-A

Molson Coors Beverage Company

Consumer StaplesFood ProductsS&P 500
Ticker TAP-AGOLDEN, COFiscal year ends DecemberBook value per share $53.66Diluted shares 188.6M

Molson Coors Beverage Company (NYSE: TAP.A, TAP) produces, markets, distributes and sells beer and other beverages, including flavored alcoholic drinks, spirits and non-alcoholic beverages, to retail and on-premise customers such as bars, pubs and restaurants. Its portfolio includes Coors Light, Miller Lite, Coors… From the company’s description.

In fiscal 2025, Molson Coors Beverage Company reported revenue of $11.14B, down 4.2% from fiscal 2024, and a net loss of $2.18B. Its operating margin was −21.0%, and operations generated $1.78B in cash. Over the twelve months to Jun 30, 2026, revenue was $11.08B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$11.14BFY2025
−4.2% year over year
Last 12 mo $11.08B
-20.98%FY2025
−36.1 percentage points
Last 12 mo -22.71%
$-2.18BFY2025
−288.3% year over year
Last 12 mo $-2.36B
19.50%FY2025
+10.9 percentage points
Last 12 mo -22.79%
Cash & financing
$1.78BFY2025
−6.6% year over year
Last 12 mo $1.98B
$1.07BFY2025
−13.6% year over year
Last 12 mo $1.33B
0.62FY2025
Was 0.47× a year earlier
Last 12 mo 0.76
199.1MFY2025
−5.1% year over year
Last 12 mo 188.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Molson Coors Beverage Company does

In the company’s own words

Molson Coors Beverage Company (NYSE: TAP.A, TAP) produces, markets, distributes and sells beer and other beverages, including flavored alcoholic drinks, spirits and non-alcoholic beverages, to retail and on-premise customers such as bars, pubs and restaurants. Its portfolio includes Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, Ožujsko, Blue Moon Belgian White, Madrí Excepcional and Staropramen, alongside partner brands such as Simply Spiked, Fever-Tree and ZOA Energy. The company reports through two segments: Americas, covering the U.S., Canada and parts of Latin America, and EMEA&APAC, covering parts of Europe, the Middle East, Africa and Asia Pacific. Both segments produce, market, distribute and sell owned, partner and licensed brands. The company operates primary and craft breweries in both segments, as well as container operations in the Americas and a cidery in EMEA&APAC. It employed approximately 16,200 people globally as of December 31, 2025. Its website is www.molsoncoors.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Food Products
Headquarters
GOLDEN, CO
Fiscal year end
December
CIK
24545
SIC
2082

Financial performance, year by year

Fiscal 2013–2025 · USD
$-3.76B$455.70M$4.67B$8.89B$13.11B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Molson Coors Beverage Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

543
funds hold it
2 of 35
superinvestors hold it
$3.40B
held by funds, at market
6
bond issues held by funds

Superinvestors in Molson Coors Beverage Company · what they did last quarter

Prem WatsaINCREASED +38.7%
Fairfax Financial Holdings
2.9%of 13F portfolio
Tweedy BrowneINCREASED +40.8%
Tweedy, Browne
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Molson Coors Beverage Company’s weight in each

Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
0.46%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.01%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Molson Coors Beverage Company’s bonds, as funds hold them

Funds report holding 6 issues of Molson Coors Beverage Company’s debt, $895.94M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.84%, maturing 2026 to 2046.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Molson Coors Beverage Company and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Molson Coors Beverage Company's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Molson Coors Beverage Company's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.