MOLSON COORS BEVERAGE CO

10-K & 10-Q Filings

Molson Coors Beverage Company is a leading global brewer with a diverse portfolio of beloved and iconic owned and partner brands, including Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, and Ožujsko. The company's business strategy focuses on consistently growing core power brands, aggressively premiumizing the portfolio, scaling and expanding in beyond beer, investing in capabilities and supporting people, communities, and the planet. Molson Coors operates in two segments: Americas and EMEA&APAC. The Americas segment operates in the U.S., Canada, and various countries in the Caribbean, Latin and South America, while the EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., and various other European, Middle Eastern, African, and Asian Pacific countries. The company's website is [www.molsoncoors.com](http://www.molsoncoors.com), and its ticker symbol is TAP on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 29, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$3515.70
5615.00
5999.60
5927.50
5127.40
6597.40
24474.30
10769.60
10579.40
9654.00
10279.70
10701.00
11702.10
2346.30
2596.40
10.54%10.66%Cost of Revenue (-)
$2049.10
4051.00
4339.10
4274.50
3723.40
4715.50
19688.70
6584.80
6378.20
5885.70
6226.30
7045.80
7333.30
1575.60
1632.90
11.21%3.64%Gross Profit (+)
$1466.60
1564.00
1660.50
1653.00
1404.00
1881.90
4785.60
4184.80
4201.20
3768.30
4053.40
3655.20
4368.80
770.70
963.50
9.52%25.02%Selling, General & Administrative (-)
$1019.00
1126.10
1193.80
1163.90
1051.80
1597.30
3032.40
2802.70
2728.00
2437.00
2554.50
2618.80
2779.90
615.00
654.60
8.72%6.44%Non-recurring Operating Expenses (-)
$12.30
81.40
200.00
324.40
346.70
-2523.90
28.10
-249.70
708.80
1740.20
44.50
845.00
Operating Expenses (-)
$573.40
696.60
854.80
926.50
882.20
-1427.50
-30691.50
2553.00
3436.80
4177.20
2599.00
3497.70
2930.60
612.50
649.20
14.56%5.99%Costs & Expenses (Total) (-)
$2622.50
4747.60
5193.90
5201.00
4605.60
3288.00
-11002.80
9137.80
9815.00
10062.90
8825.30
10543.50
10263.90
2188.10
2282.10
12.04%4.30%Operating Income/Loss (+)
$893.20
867.40
805.70
726.50
521.80
3309.40
1725.10
1631.80
764.40
-408.90
1454.40
157.50
1438.20
158.20
314.30
4.05%98.67%Non-operating Income/Expense (+)
$-119.00
-275.30
-151.20
-140.20
-111.10
-274.10
-343.40
-272.00
-284.50
-235.00
-215.40
-220.00
-185.70
3.20
-1.40
-143.75%Interest Expense (-)
$118.70
196.30
183.80
145.00
120.30
271.60
349.30
306.20
280.90
274.60
260.30
250.60
234.00
59.10
48.40
5.82%-18.10%Earnings before Tax (+)
$774.20
592.10
654.50
586.30
410.70
3035.30
1381.70
1359.80
479.90
-643.90
1239.00
-62.50
1252.50
101.90
265.40
4.09%160.45%Tax Expense (-)
$99.40
154.50
84.00
69.00
51.80
1050.70
-53.20
225.20
233.70
301.80
230.50
124.00
296.10
28.70
55.50
9.52%93.38%Income/Loss (Continuing Operations) (+)
$674.80
437.60
570.50
517.30
358.90
1984.60
1434.90
1134.60
246.20
-945.70
1008.50
-186.50
956.40
73.20
209.90
2.95%186.75%Income/Loss (Discontinued Operations) (+)
$2.30
1.50
2.00
0.50
3.90
-2.80
1.50
Profit/Loss (+)
$677.10
439.10
572.50
517.80
362.80
1981.80
1436.40
956.40
73.20
209.90
2.92%186.75%Net Income/Loss (NCI) (-)
$0.80
-3.90
5.20
3.80
3.30
5.90
22.20
18.10
4.50
3.30
2.80
-11.20
7.50
0.70
2.10
20.50%200.00%Net Income/Loss (+)
$676.30
443.00
567.30
514.00
359.50
1975.90
1414.20
1116.50
241.70
-949.00
1005.70
-175.30
948.90
72.50
207.80
2.86%186.62%Net Income/Loss (Common) (+)
$676.30
443.00
567.30
514.00
359.50
1975.90
1414.20
1116.50
241.70
-949.00
1005.70
-175.30
948.90
72.50
207.80
2.86%186.62%EPS (Basic)
$3.66
2.45
3.10
2.78
1.94
9.32
6.57
5.17
1.12
-4.38
4.63
-0.81
4.39
0.33
0.98
1.53%196.97%EPS (Diluted)
$3.63
2.44
3.08
2.76
1.93
9.26
6.53
5.15
1.11
-4.38
4.62
-0.81
4.37
0.33
0.97
1.56%193.94%Weighted Avg Shares (Basic)
184.90
180.80
183.00
184.90
185.30
212.00
215.40
216.00
216.60
216.80
217.10
216.90
216.00
216.50
212.70
1.30%-1.76%Weighted Avg Shares (Diluted)
186.40
181.80
184.20
186.10
186.40
213.40
216.50
216.60
216.90
216.80
217.60
216.90
217.30
217.30
214.20
1.29%-1.43%Cash
$1078.90
624.00
442.30
624.60
430.90
560.90
418.60
1057.90
523.40
770.10
637.40
600.00
868.90
328.20
458.40
-1.79%39.67%Receivables
$726.00
753.40
728.00
621.70
525.90
805.30
902.00
871.00
820.30
687.10
879.40
866.20
879.40
925.40
1016.20
1.61%9.81%Inventory
$207.20
213.90
205.30
202.20
179.30
592.70
591.50
591.80
615.90
664.30
804.70
792.90
802.30
915.60
870.90
11.94%-4.88%Other Assets (Current)
$105.90
156.70
162.10
130.40
122.70
210.70
277.60
245.60
224.80
297.30
457.20
378.90
297.90
382.40
331.50
9.00%-13.31%Assets (Current)
$2118.00
1748.00
1537.70
1578.90
1258.80
2169.60
2189.70
2766.30
2184.40
2418.80
2778.70
2638.00
2848.50
2551.60
2677.00
2.50%4.91%Property, Plant & Equipment (Net)
$1430.10
1995.90
1970.10
1798.00
1590.80
4507.40
4673.70
4608.30
4546.50
4250.30
4192.40
4222.80
4444.50
4270.10
4443.00
9.91%4.05%Goodwill & Intangibles
$6039.30
9687.90
9243.80
7947.40
6729.00
22282.00
22702.00
22037.20
21287.40
19707.10
19439.40
18092.00
17939.90
18091.70
17793.60
9.50%-1.65%Other Assets
$2836.40
2780.40
2828.50
2672.00
2697.70
382.50
681.50
698.00
841.50
954.90
1208.50
915.50
1142.20
939.10
1158.70
-7.30%23.38%Assets (Non-current)
$10305.80
14464.20
14042.40
12417.40
11017.50
27171.90
28057.20
27343.50
26675.40
24912.30
24840.30
23230.30
23526.60
23300.90
23395.30
7.12%0.41%Assets (Total)
$12423.80
16212.20
15580.10
13996.30
12276.30
29341.50
30246.90
30109.80
28859.80
27331.10
27619.00
25868.30
26375.10
25852.50
26072.30
6.47%0.85%Accounts Payable
$915.30
1152.80
1336.40
1305.00
1184.40
2467.70
2679.60
2706.40
2767.30
2889.50
3107.30
2978.30
3180.80
2893.50
2957.50
10.94%2.21%Debt (Current)
$46.90
1245.60
586.90
849.40
28.70
684.80
714.80
1594.50
928.20
1020.10
514.90
397.10
911.80
412.70
905.50
28.05%119.41%Other Liabilities (Current)
$315.00
200.30
218.80
170.90
4.10
5.00
4.90
Liabilities (Current)
$1277.20
2598.70
2142.10
2325.30
1217.20
3157.50
3399.30
4300.90
3695.50
3909.60
3622.20
3375.40
4092.60
3306.20
3863.00
10.19%16.84%Debt (Non-current)
$1914.90
3422.50
3213.00
2337.10
2908.70
11387.70
10598.70
8893.80
8109.50
7208.20
6647.20
6165.20
5312.10
6177.70
5312.20
8.87%-14.01%Other Liabilities
$1541.50
2199.40
1561.20
1447.80
1087.30
3184.30
2813.90
3179.30
3381.70
3592.00
3685.50
3412.50
3535.30
3449.60
3538.90
7.16%2.59%Liabilities (Non-current)
$3456.40
5621.90
4774.20
3784.90
3996.00
14572.00
13412.60
12073.10
11491.20
10800.20
10332.70
9577.70
8847.40
9627.30
8851.10
8.15%-8.06%Liabilities (Total)
$4733.60
8220.60
6916.30
6110.20
5213.20
17719.80
16811.90
16374.00
15186.70
14709.80
13954.90
12953.10
12940.00
12933.50
12714.10
8.74%-1.70%Treasury Stock
$-321.10
321.10
321.10
321.10
471.40
471.40
471.40
471.40
471.40
471.40
471.40
522.90
735.60
537.50
846.80
57.54%Retained Earnings
$3689.70
3900.50
4233.20
4439.90
4496.00
6119.00
7206.10
7692.90
7617.00
6544.20
7401.50
6894.10
7484.30
6877.00
7597.40
6.07%10.48%AOCI
$-129.70
-72.30
154.90
-898.40
-1694.90
-1545.50
-860.00
-1150.00
-1162.20
-1167.80
-1006.00
-1205.50
-1116.30
-1170.60
-1192.60
-1.88%Shareholder's Equity
$7690.20
7966.90
8638.90
7886.10
7063.10
11621.70
13435.00
13735.80
13673.10
12621.30
13664.10
12915.20
13407.20
12919.00
13330.90
4.74%3.19%Liabilities & Equity
$12423.80
16212.20
15580.10
13996.30
12276.30
29341.50
30246.90
30109.80
28859.80
27331.10
27619.00
25868.30
26375.10
25852.50
26072.30
6.47%0.85%Net Income/Loss
$677.10
439.10
572.50
517.80
362.80
1981.80
1436.40
1134.60
246.20
-945.70
956.40
73.20
209.90
2.92%186.75%Depreciation & Amortization
$239.60
314.40
340.80
320.00
325.50
454.90
836.00
870.20
872.60
930.10
792.80
692.50
688.50
173.00
170.30
9.19%-1.56%Increase/Decrease in Working Capital
$130.80
-66.20
-96.40
-15.00
-22.60
-187.20
-16.80
88.00
12.50
-76.10
36.10
183.20
-80.40
297.60
395.70
32.96%Share-based Compensation
$24.70
14.00
19.50
23.50
-237.70
17.80
-251.70
42.60
8.50
24.20
32.10
33.60
44.90
9.80
12.80
5.11%30.61%Adjustments to Reconcile Net Income
$191.00
544.60
595.70
754.80
333.60
-854.90
429.90
1196.70
1651.10
2641.40
1048.20
2005.10
1122.60
-69.80
-184.50
15.90%-164.33%Net Cash (Operating)
$868.10
983.70
1168.20
1272.60
696.40
1126.90
1866.30
2331.30
1897.30
1695.70
1573.50
1502.00
2079.00
3.40
25.40
7.55%647.06%Capital Expenditure
$359.90
2508.50
294.60
259.90
345.70
12128.30
539.10
619.20
477.90
416.00
496.60
629.20
724.30
176.80
213.00
6.00%20.48%Net Cash (Investing)
$-338.10
-2635.10
-277.00
-239.40
-334.70
-12286.60
-538.20
-669.10
-433.30
-413.60
-509.90
-625.10
-841.70
-177.40
-212.50
-19.79%Increase/Decrease in Debt
$-11.80
1543.20
-1317.20
-69.60
1.90
9236.70
-1464.10
-319.80
-1583.20
-917.40
-1006.60
-502.10
-397.80
1.40
-1.60
-214.29%Increase/Decrease in Equity
$9.40
-6.20
88.40
42.50
-27.20
2476.10
-3.00
15.50
1.60
4.10
4.60
-48.40
-197.90
-14.60
-113.60
-678.08%Interest Expenses
$
98.90
162.50
350.30
308.70
285.00
271.90
256.20
240.00
229.00
80.40
73.60
-8.46%Dividends Paid
$230.40
237.20
238.70
277.70
303.40
352.90
353.40
354.20
424.40
125.30
147.80
329.30
354.70
89.50
96.80
3.66%8.16%Net Cash (Financing)
$-665.10
1171.40
-1059.20
-802.00
-512.00
11317.90
-1496.40
-1008.90
-2007.00
-1070.40
-1172.20
-889.50
-981.40
-102.50
-216.20
-110.93%Cash Taxes Paid
$
134.10
165.00
-86.00
-32.30
57.00
127.00
227.00
76.60
244.80
10.00
9.30
-7.00%Effect of Exchange Rate
$-3.60
25.10
-13.70
-48.90
-43.40
-28.20
26.00
-14.00
8.50
35.00
-24.10
-24.80
13.00
4.70
-7.20
-253.19%Increase/Decrease in Cash
$-135.10
-480.00
-168.00
211.70
-108.60
-37.40
268.90
-271.80
-410.50
-51.03%Cash (Beginning)
$1217.60
1078.90
624.00
442.30
624.60
430.90
560.90
418.60
1057.90
523.40
770.10
637.40
600.00
600.00
868.90
-5.73%44.82%Cash (Ending)
$1078.90
624.00
442.30
624.60
430.90
560.90
418.60
1057.90
523.40
770.10
637.40
600.00
868.90
328.20
458.40
-1.79%39.67%NOPAT
$778.52
641.06
702.29
641.00
351.42
3129.50
1832.47
1361.55
673.61
-328.25
1187.94
-35.53
1157.11
142.67
303.29
3.36%112.57%Gross Margin %
41.72%
27.85%
27.68%
27.89%
27.38%
28.52%
19.55%
38.86%
39.71%
39.03%
39.43%
34.16%
37.33%
32.85%
37.11%
Operating Margin %
25.41%
15.45%
13.43%
12.26%
10.18%
50.16%
7.05%
15.15%
7.23%
-4.24%
14.15%
1.47%
12.29%
6.74%
12.11%
NOPAT Margin %
22.14%
11.42%
11.71%
10.81%
6.85%
47.44%
7.49%
12.64%
6.37%
-3.40%
11.56%
-0.33%
9.89%
6.08%
11.68%
Net Margin %
19.24%
7.89%
9.46%
8.67%
7.01%
29.95%
5.78%
10.37%
2.28%
-9.83%
9.78%
-1.64%
8.11%
3.09%
8.00%
Tax Rate %
12.84%
26.09%
12.83%
11.77%
32.65%
5.44%
-6.22%
16.56%
11.88%
19.72%
18.32%
122.56%
19.54%
9.81%
3.50%
ROA
6.27%
3.95%
4.51%
4.58%
2.86%
10.67%
6.06%
4.52%
2.33%
-1.20%
4.30%
-0.14%
4.39%
0.55%
1.16%
ROE
10.12%
8.05%
8.13%
8.13%
4.98%
26.93%
13.64%
9.91%
4.93%
-2.60%
8.69%
-0.28%
8.63%
1.10%
2.28%
ROIC
10.14%
5.36%
6.30%
6.56%
4.25%
11.91%
6.89%
5.15%
2.69%
-1.42%
5.20%
-0.16%
5.32%
0.66%
1.42%
Asset Turnover
0.28
0.35
0.39
0.42
0.42
0.22
0.81
0.36
0.37
0.35
0.37
0.41
0.44
0.09
0.10
Inventory Turnover
9.89
18.94
21.14
21.14
20.77
7.96
33.29
11.13
10.36
8.86
7.74
8.89
9.14
1.72
1.87
Equity Multiplier
1.62
2.03
1.80
1.77
1.74
2.52
2.25
2.19
2.11
2.17
2.02
2.00
1.97
2.00
1.96
Current Ratio
1.66
0.67
0.72
0.68
1.03
0.69
0.64
0.64
0.59
0.62
0.77
0.78
0.70
0.77
0.69
Quick Ratio
1.41
0.53
0.55
0.54
0.79
0.43
0.39
0.45
0.36
0.37
0.42
0.43
0.43
0.38
0.38
Debt/Equity Ratio
0.26
0.59
0.44
0.40
0.42
1.04
0.84
0.76
0.66
0.65
0.52
0.51
0.46
0.51
0.47
Interest Coverage Ratio
5.28
20.37
4.92
5.29
2.68
-1.50
5.68
0.66
6.28
1.97
4.27
Working Capital/Sales
0.06
0.05
-0.01
0.00
-0.01
-0.08
-0.03
-0.02
-0.08
-0.08
-0.08
-0.07
-0.05
-0.35
-0.31
Dividend Payout Ratio %
29.59%
37.00%
33.99%
43.32%
86.33%
11.28%
19.29%
26.01%
63.00%
38.17%
12.44%
926.77%
30.65%
62.73%
31.92%
Total Payout
$232.80
-1299.80
1467.50
304.80
427.60
-11197.40
2170.80
967.20
2291.00
1310.50
1406.00
1119.80
1179.40
183.10
285.60
14.48%55.98%Payout Ratio %
29.90%
-202.76%
208.96%
47.55%
121.68%
-357.80%
118.46%
71.04%
340.11%
399.24%
118.36%
3151.53%
101.93%
128.33%
94.17%