Molson Coors Beverage (TAP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Molson Coors Beverage

NYSE•Consumer Defensive•Beverages - Brewers

$39.08+0.15(<0.01%)Pre-market

Market Cap

$7.33B

P/S

0.6x

P/B

0.7x

Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. The company also provides non-alcoholic beverages including premium mixers and energy drinks. It offers its products under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, Fever-Tree, Heineken, Hidra, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Peroni Nastro Azurro, Pilsner Urquell, Redd's, Rekorderlig, Sharp's, Simply Spiked, Staropramen, Stella Artois, Topo Chico Hard Seltzer, ZOA Energy, and Vizzy Hard Seltzer above premium brands; Bergenbier, Borsodi, Burgasko, Carling, Coors Banquet, Coors Light, Jelen, Miller Lite, Molson Canadian brands, Niksicko, and Oujsko under the premium brands; and Branik, Icehouse, Keystone, Lowenbrau, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

How this company scores

AverageMetricSide Score: 45/100

Strongest: Cash & Earnings Quality (23/25); weakest: Profitability (4/25).

Profitability4/25

Growth5/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowCash-backed earningsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 9.3x5y range 9.1x – 348.0x

Currently below its 13-quarter median.

P/S · 0.6x5y range 0.6x – 1.1x

Currently below its 20-quarter median.

P/B · 0.7x5y range 0.7x – 1.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 247.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $7.33B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $12.93B
Q. Revenue: $3.60B
TTM EBITDA: $-1.78B
TTM Op. Income: $-2.52B
Q. Op. Income: $331.90M
TTM Net Income: $-2.31B
Q. Net Income: $231.70M
EPS: $1.24
Shares Out.: $187.50M

$12.93B in TTM revenue declined 2.6% YoY, reaching $3.60B last quarter. TTM EBITDA of $-1.78B and TTM operating income of $-2.52B show growth is flowing through to the bottom line. However, net income is negative at $2.31B — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 3% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 29.5%
EBITDA Margin: 14.5%
Op. Margin: 9.2%
Net Margin: 6.4%

Op. margin of 9.2% is down 6.4% YoY — costs are rising relative to revenue. Net margin at 6.4% and gross margin of 29.5% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.6x
P/B Ratio: 0.7x

P/S of 0.6x and P/B of 0.7x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $24.36B
Cash: $2.13B
Long-Term Debt: $5.67B
Book Value: $10.12B
D/E Ratio: 0.6
Debt/EBITDA: 10.8

With $24.36B in assets and $5.67B in long-term debt, D/E is 0.6and book value is $10.12B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $817.90M
TTM Free Cash Flow: $1.33B
FCF Margin: 10.3%
FCF / Net Income: -0.6

TTM FCF of $1.33B on $817.90M in operating cash flow. The FCF / Net Income ratio of -0.6x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.