Molson Coors Beverage Company (TAP)
Consumer Staples · Beverage Manufacturing & Distribution
A leading global brewer pivoting to total beverages, operating iconic beer brands (Coors Light, Miller Lite) alongside spirits and hard seltzers amid industry-wide volume contraction and margin pressure.
What Molson Coors Beverage Company does
Molson Coors Beverage Company is a major global brewer producing and distributing beer, spirits, hard seltzers, and non-alcoholic beverages across the Americas and EMEA&APAC regions. The company operates iconic brands including Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, and Madrí Excepcional, alongside newer portfolio expansions like Vizzy Hard Seltzer and partner brands through licensing and joint venture arrangements. The company is among the top five global brewers and is actively transforming from a traditional beer company into a broader total beverage company to address shifting consumer preferences toward above-premium products, spirits, and RTDs.
Themes: ["Beer portfolio diversification","Hard seltzer & spirits expansion","Total beverage company transformation","Above premium & import growth","Pricing & cost inflation mitigation","Americas restructuring","Volume contraction headwinds"]
Fundamentals
- Price$38.74 as of 2026-07-09 close
- Market cap$7.3B as of 2026-07-10
- 1-year return-21.8% as of 2026-07-09 close
- Net margin-18.9% as of 2026-07-10
- Gross margin+38.6% as of 2026-07-10
- ROE-19.1% as of 2026-07-10
- Debt / equity0.62 as of 2026-07-10
- Revenue growth (YoY)-1.3% as of 2026-07-10
- Revenue CAGR (3y)+0.6% SEC XBRL
- Beta0.45 as of 2026-07-10
Dividend: yield +5.0%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Structural volume declines in core beer category as consumers shift to spirits, RTDs, and other alcohol beverage categories, compressing the beer segment's market share","Significant cost inflation, commodity price volatility, and tariff exposure creating margin pressure, partly offset by pricing actions and cost reduction programs including the Americas Restructuring Plan","Highly competitive global market with larger consolidation among rivals, coupled with consumer preference shifts toward above-premium and imported brands that require portfolio transformation execution"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.