molson coors beverage co. - TAP

TAP

Close Chg Chg %
61.75 -0.47 -0.75%

Open Market

61.29

-0.47 (0.75%)

Volume: 742.49K

Last Updated:

Dec 3, 2024, 12:11 PM EDT

Company Overview: molson coors beverage co. - TAP

TAP Key Data

Open

$61.92

Day Range

60.78 - 62.30

52 Week Range

49.19 - 69.18

Market Cap

$12.73B

Shares Outstanding

206.01M

Public Float

170.11M

Beta

0.86

Rev. Per Employee

N/A

P/E Ratio

13.94

EPS

$4.46

Yield

279.89%

Dividend

$0.44

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.08M

 

TAP Performance

1 Week
 
-0.40%
 
1 Month
 
12.38%
 
3 Months
 
14.53%
 
1 Year
 
-0.19%
 
5 Years
 
21.05%
 

TAP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About molson coors beverage co. - TAP

Molson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: Americas, and EMEA and APAC. The Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The EMEA and APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the UK, various other European countries, and certain countries within the Middle East, Africa, and Asia Pacific. The company was founded in 1786 and is headquartered in Golden, CO.

TAP At a Glance

Molson Coors Beverage Co.
PO Box 4030
Golden, Colorado 80402-4030
Phone 1-303-279-6565 Revenue 11.70B
Industry Beverages: Alcoholic Net Income 948.90M
Sector Consumer Non-Durables 2023 Sales Growth 9.355%
Fiscal Year-end 12 / 2024 Employees 16,500
View SEC Filings

TAP Valuation

P/E Current 13.999
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.017
Price to Sales Ratio 1.137
Price to Book Ratio 0.989
Price to Cash Flow Ratio 6.398
Enterprise Value to EBITDA 8.205
Enterprise Value to Sales 1.633
Total Debt to Enterprise Value 0.337

TAP Efficiency

Revenue/Employee 709,218.182
Income Per Employee 57,509.091
Receivables Turnover 13.307
Total Asset Turnover 0.448

TAP Liquidity

Current Ratio 0.696
Quick Ratio 0.50
Cash Ratio 0.212

TAP Profitability

Gross Margin 36.047
Operating Margin 14.063
Pretax Margin 10.703
Net Margin 8.109
Return on Assets 3.633
Return on Equity 7.331
Return on Total Capital 4.834
Return on Invested Capital 5.044

TAP Capital Structure

Total Debt to Total Equity 48.763
Total Debt to Total Capital 32.779
Total Debt to Total Assets 24.397
Long-Term Debt to Equity 41.497
Long-Term Debt to Total Capital 27.895
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Molson Coors Beverage Co. - TAP

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
9.65B 10.28B 10.70B 11.70B
Sales Growth
-8.75% +6.48% +4.10% +9.36%
Cost of Goods Sold (COGS) incl D&A
6.14B 6.84B 7.30B 7.48B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
922.00M 786.10M 684.80M 682.80M
Depreciation
702.00M 568.10M 476.70M 475.50M
Amortization of Intangibles
220.00M 218.00M 208.10M 207.30M
COGS Growth
-6.64% +11.49% +6.63% +2.54%
Gross Income
3.52B 3.44B 3.40B 4.22B
Gross Income Growth
-12.20% -2.27% -0.95% +23.97%
Gross Profit Margin
+36.41% +33.42% +31.80% +36.05%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.22B 2.34B 2.41B 2.57B
Research & Development
- - - -
-
Other SG&A
2.22B 2.34B 2.41B 2.57B
SGA Growth
-11.56% +5.39% +3.18% +6.72%
Other Operating Expense
- - - -
-
Unusual Expense
1.70B (364.70M) 862.50M 232.80M
EBIT after Unusual Expense
(401.70M) 1.46B 129.50M 1.41B
Non Operating Income/Expense
43.70M 36.90M 44.30M 68.40M
Non-Operating Interest Income
3.30M 2.00M 4.30M 25.40M
Equity in Earnings of Affiliates
- - 4.70M 12.00M
-
Interest Expense
285.90M 261.60M 236.30M 228.80M
Interest Expense Growth
-5.14% -8.50% -9.67% -3.17%
Gross Interest Expense
293.60M 270.40M 243.10M 238.20M
Interest Capitalized
7.70M 8.80M 6.80M 9.40M
Pretax Income
(643.90M) 1.24B (62.50M) 1.25B
Pretax Income Growth
-234.17% +292.42% -105.04% +2,104.00%
Pretax Margin
-6.67% +12.05% -0.58% +10.70%
Income Tax
301.80M 230.50M 124.00M 296.10M
Income Tax - Current - Domestic
84.20M 50.60M 168.40M 222.80M
Income Tax - Current - Foreign
111.40M (1.00M) (17.20M) 37.30M
Income Tax - Deferred - Domestic
121.40M 233.90M 30.20M 102.80M
Income Tax - Deferred - Foreign
(15.20M) (53.00M) (57.40M) (66.80M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - 4.70M 12.00M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(945.70M) 1.01B (186.50M) 956.40M
Minority Interest Expense
3.30M 2.80M (11.20M) 7.50M
Net Income
(949.00M) 1.01B (175.30M) 948.90M
Net Income Growth
-492.64% +205.97% -117.43% +641.30%
Net Margin Growth
-9.83% +9.78% -1.64% +8.11%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(949.00M) 1.01B (175.30M) 948.90M
Preferred Dividends
- - - -
-
Net Income Available to Common
(949.00M) 1.01B (175.30M) 948.90M
EPS (Basic)
-4.3773 4.6324 -0.8082 4.3931
EPS (Basic) Growth
-492.27% +205.83% -117.45% +643.57%
Basic Shares Outstanding
216.80M 217.10M 216.90M 216.00M
EPS (Diluted)
-4.3773 4.6218 -0.8082 4.3668
EPS (Diluted) Growth
-492.83% +205.59% -117.49% +640.31%
Diluted Shares Outstanding
216.80M 217.60M 216.90M 217.30M
EBITDA
2.22B 1.89B 1.68B 2.33B
EBITDA Growth
-5.76% -15.09% -11.05% +38.87%
EBITDA Margin
+23.00% +18.34% +15.67% +19.90%

Snapshot

Average Recommendation HOLD Average Target Price 61.25
Number of Ratings 23 Current Quarters Estimate 1.124
FY Report Date 12 / 2024 Current Year's Estimate 5.794
Last Quarter’s Earnings 1.80 Median PE on CY Estimate N/A
Year Ago Earnings 5.43 Next Fiscal Year Estimate 5.965
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 14 19 19
Mean Estimate 1.12 0.86 5.79 5.97
High Estimates 1.16 1.04 6.05 6.29
Low Estimate 1.09 0.68 5.73 5.67
Coefficient of Variance 1.86 10.85 1.14 2.73

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 1 1 1
HOLD 15 15 14
UNDERWEIGHT 0 0 0
SELL 3 3 3
MEAN Hold Hold Hold

Insider Actions for Molson Coors Beverage Co. - TAP

Date Name Shares Transaction Value
Jul 3, 2024 Charles M. Herington Director 56,642 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Geoffrey E. Molson Director 27,411 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.5 per share 1,466,488.50
Jun 6, 2024 Andrew Thomas Molson Director 13,637 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.5 per share 729,579.50
May 30, 2024 H. Sanford Riley Director 44,484 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.5 per share 2,379,894.00
May 30, 2024 Nessa Ita O'Sullivan Director 21,093 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.5 per share 1,128,475.50
May 30, 2024 Roger G. Eaton Director 49,353 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.5 per share 2,640,385.50
May 23, 2024 Peter H. Coors Director 161,612 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Mary Lynn Ferguson-McHugh Director 25,714 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 James A. Winnefeld Director 18,966 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Julia M. Brown Director 11,557 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Jill Timm Director 3,970 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 David S. Coors Director 24,095 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Leroy J. Williams Director 8,396 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Gavin D. K. Hattersley President & CEO; Director 113,568 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Gavin D. K. Hattersley President & CEO; Director 195,525 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Tracey I. Joubert Chief Financial Officer 56,254 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $62.13 per share 3,495,061.02
Mar 6, 2024 Tracey I. Joubert Chief Financial Officer 90,056 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Roxanne Stelter VP,Controller & Chf Acct Off 2,650 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Gavin D. K. Hattersley President & CEO; Director 165,448 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $62.13 per share 10,279,284.24
Mar 6, 2024 Gavin D. K. Hattersley President & CEO; Director 206,753 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Molson Coors Beverage Co. in the News