Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Molson Coors Brewing Co Stock Research

TAP

64.17USD-0.60(-0.93%)Market Closed
Watchlist

Market Summary

USD64.17-0.60
Market Closed
-0.93%

TAP Alerts

  • Big jump in Earnings (Y/Y)

TAP Stock Price

TAP RSI Chart

TAP Valuation

Market Cap

13.9B

Price/Earnings (Trailing)

340.35

Price/Sales (Trailing)

1.04

EV/EBITDA

11.02

Price/Free Cashflow

8.03

TAP Price/Sales (Trailing)

TAP Profitability

EBT Margin

-1.04%

Return on Equity

-2%

Return on Assets

-0.98%

Free Cashflow Yield

12.46%

TAP Fundamentals

TAP Revenue

Revenue (TTM)

13.3B

Revenue Y/Y

10.56%

Revenue Q/Q

39.51%

TAP Earnings

Earnings (TTM)

40.8M

Earnings Y/Y

623.89%

Earnings Q/Q

372.28%

Price Action

52 Week Range

70.90
(Low)(High)

Last 7 days

0.6%

Last 30 days

2.7%

Last 90 days

-3.0%

Trailing 12 Months

30.2%

TAP Financial Health

Current Ratio

0.77

Debt/Equity

0.51

Debt/Cashflow

0.23

TAP Investor Care

Buy Backs (1Y)

0.28%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for TAP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-03
Winnefeld James A Jr
bought
6,708
67.08
100
-
2023-06-30
O'Sullivan Nessa
acquired
-
-
389
-
2023-06-30
HERINGTON CHARLES M
acquired
-
-
195
-
2023-06-30
VACHON LOUIS
acquired
-
-
446
-
2023-05-25
Molson Geoffrey E.
sold
-111,541
60.62
-1,840
-
2023-05-21
Molson Andrew Thomas
sold (taxes)
-131,606
62.61
-2,102
-
2023-05-21
O'Sullivan Nessa
sold (taxes)
-34,122
62.61
-545
-
2023-05-21
Riley H Sanford
sold (taxes)
-124,406
62.61
-1,987
-
2023-05-21
Eaton Roger G.
sold (taxes)
-31,680
62.61
-506
-
2023-05-21
VACHON LOUIS
sold (taxes)
-131,606
62.61
-2,102
-

1–10 of 50

Which funds bought or sold TAP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
180
35,304
49,051
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
269
1,251
-%
2023-08-30
CHAPIN DAVIS, INC.
new
-
1,465,580
1,465,580
0.70%
2023-08-28
DT Investment Partners, LLC
unchanged
-
2,070
22,684
-%
2023-08-24
Alberta Investment Management Corp
reduced
-5.09
9,468,860
54,744,800
0.53%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
1,000
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-1.59
226,000
1,114,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.9
3,804,500
19,853,700
0.03%
2023-08-21
OSAIC HOLDINGS, INC.
added
17.5
512,410
1,550,150
-%

1–10 of 46

Latest Funds Activity

Are funds buying TAP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TAP
No. of Funds

Schedule 13G FIlings of Molson Coors Brewing

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 10, 2023
dodge & cox
7.7%
15,375,214
SC 13G/A
Feb 14, 2023
dodge & cox
13.5%
27,087,904
SC 13G/A
Feb 09, 2023
vanguard group inc
10.90%
21,825,412
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
15,911,020
SC 13G/A
Feb 14, 2022
dodge & cox
15.3%
30,615,810
SC 13G/A
Feb 10, 2022
vanguard group inc
10.02%
20,094,866
SC 13G/A
Feb 01, 2022
blackrock inc.
9.0%
18,003,081
SC 13G/A
Dec 09, 2021
vanguard group inc
10.03%
20,127,537
SC 13G/A
Feb 11, 2021
dodge & cox
14.8%
29,588,242
SC 13G/A
Feb 10, 2021
vanguard group inc
9.59%
19,211,272
SC 13G/A

Recent SEC filings of Molson Coors Brewing

View All Filings
Date Filed Form Type Document
Sep 11, 2023
3
Insider Trading
Aug 10, 2023
SC 13G/A
Major Ownership Report
Aug 04, 2023
4
Insider Trading
Aug 01, 2023
8-K
Current Report
Aug 01, 2023
10-Q
Quarterly Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jun 28, 2023
8-K
Current Report

Peers (Alternatives to Molson Coors Brewing)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
248.9B
44.1B
-4.20% -1.70%
23.68
5.64
6.82% 9.81%
241.7B
90.1B
-0.18% 4.12%
30.59
2.68
10.11% -14.47%
143.5B
69.2B
2.01% 0.90%
16.48
1.78
-0.60% -11.41%
57.3B
6.7B
-4.53% 25.80%
39.95
8.57
11.34% 17.07%
46.6B
14.6B
-0.36% -9.81%
29.04
3.2
9.75% -26.33%
13.9B
13.3B
2.74% 30.19%
340.35
1.04
4.18% -94.42%
MID-CAP
13.1B
952.0M
-4.34% 73.35%
-118.6
13.75
95.66% -699.65%
4.6B
2.2B
3.26% 13.87%
70.25
2.09
4.84% 210.43%
2.2B
802.2M
-13.34% -5.96%
20.39
2.78
9.33% -7.58%
SMALL-CAP
5.1B
1.2B
-11.27% 14.35%
35.58
4.31
3.03% 11.55%
8.6M
48.3M
3480.11% 988.71%
-0.44
0.17
-7.28% 7.01%
5.0M
64.9M
-30.39% -65.74%
-1.05
0.08
-4.42% -1319.17%
3.6M
63.8M
-66.48% -12.77%
-0.13
0.06
16.44% 30.77%

Molson Coors Brewing News

U.S News & World Report Money
10 Best Value Stocks to Buy Now | Investing | U.S. News.
U.S News & World Report Money,
6 days ago
Digital Journal
Spectrum News 1

Returns for TAP

Cumulative Returns on TAP

4.4%


10-Year Cumulative Returns

-5.3%


7-Year Cumulative Returns

1.5%


5-Year Cumulative Returns

25.3%


3-Year Cumulative Returns

Risks for TAP

What is the probability of a big loss on TAP?

84.6%


Probability that Molson Coors Brewing stock will be more than 20% underwater in next one year

28.9%


Probability that Molson Coors Brewing stock will be more than 30% underwater in next one year.

8.1%


Probability that Molson Coors Brewing stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TAP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Molson Coors Brewing was unfortunately bought at previous high price.

Drawdowns

Financials for Molson Coors Brewing

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.9%13,30912,93912,80812,85712,77512,83712,45012,03311,97611,44211,72412,03712,15712,74713,00912,94313,07013,27013,33813,52513,453
Gross Profit11.4%3,8973,4983,6553,5893,7994,2504,0534,0914,1003,8763,7683,8393,7933,9354,2014,0584,1224,2794,1854,4224,496
  S&GA Expenses1.1%2,5852,5582,6192,7082,7132,6872,5552,5382,5072,3502,4372,4022,4572,7032,7282,7782,8022,7772,8032,9202,990
EBITDA-100.0%-7968731,5611,8032,3022,2858698647805532,1091,3411,3191,6201,4792,2102,3392,5242,6942,724
EBITDA Margin-100.0%-0.06*0.07*0.12*0.14*0.18*0.18*0.07*0.07*0.07*0.05*0.18*0.11*0.10*0.12*0.11*0.17*0.18*0.19*0.20*0.20*
Interest Expenses-2.5%242248251252256258260265270271275276276276281281291299306322328
Earnings Before Taxes287.6%252-134-62.506118191,2861,239-207-238-358-6439001411404803431,0611,1841,3601,4921,523
EBT Margin100.0%--0.01*0.00*0.05*0.06*0.10*0.10*-0.02*-0.02*-0.03*-0.05*0.07*0.01*0.01*0.04*0.03*0.08*0.09*0.10*0.11*0.12*
Net Income116.0%41.00-254-1754957321,0731,006-444-554-747-949585-161-26.702421548959901,1171,7571,732
Net Income Margin100.0%--0.02*-0.01*0.04*0.06*0.08*0.08*-0.04*-0.05*-0.07*-0.08*0.05*-0.01*0.00*0.02*0.01*0.07*0.07*0.08*0.13*0.13*
Free Cashflow-100.0%-1,6251,5021,4231,4921,6451,5741,4701,3841,5231,6962,1022,1291,9781,8971,8281,8621,9182,3312,5122,346
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets3.6%26,79025,85325,86826,70927,38827,72227,61927,64428,52027,16427,33128,67528,63928,46128,86028,75230,06229,82430,11030,47030,561
  Current Assets30.5%3,3292,5522,6382,7492,8722,8712,7792,9203,6022,3662,4192,6412,5432,3732,1842,2872,6002,3382,7662,8122,888
    Cash Equivalents192.8%9613286005254423596376161,3095337707317816665234104902341,058750793
  Inventory-5.7%863916793867872936805807750746664658639682616643698688592632638
  Net PPE----------4,1444,2504,1804,3444,3944,5474,4324,5054,5534,6084,5944,599
  Goodwill0.1%5,2965,2925,2926,1336,1496,1556,1536,1526,1576,1546,1517,6247,5627,5397,6317,5498,2898,2798,2618,3338,333
Liabilities4.6%13,53312,93412,95313,31213,78513,95113,95514,12115,28414,33014,71014,90015,37115,51515,18715,34515,91715,93616,37416,38016,764
  Current Liabilities15.8%3,8303,3063,3753,5913,5143,5553,6223,7804,8923,5963,9104,3113,8064,0033,6963,8894,0804,2024,3014,4234,382
    LT Debt, Non Current0.2%6,1926,1786,1656,0836,5586,6326,6476,6616,7027,1817,2087,1308,0748,0328,1108,0598,5188,4858,8948,9709,455
Shareholder's Equity0.9%13,03112,91912,69013,17013,60313,77113,66413,52313,23612,83412,62113,77613,26812,94613,67313,40714,14513,88813,73613,84213,549
  Retained Earnings3.7%7,1296,8776,8947,5677,4347,4707,4027,3967,0176,6286,5447,9147,5717,3767,6177,5778,1037,8627,6937,9537,704
  Additional Paid-In Capital0.5%7,0607,0267,0066,9946,9846,9766,9716,9646,9556,9476,9386,9316,7866,7816,7746,7736,7836,7766,7736,7166,707
Accumulated Depreciation-------3,507---3,416---3,005---2,559--
Shares Outstanding0.0%216217-217217217-217217217-217217217-217217217-216216
Minority Interest1.6%226223226226230239247247252253256263265259254244246241228226220
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations6.5%1,7301,6251,5021,4231,4921,6451,5741,4701,3841,5231,6962,1022,1291,9781,8971,8281,8621,9182,3312,5122,346
  Share Based Compensation6.0%37.0035.0034.0033.0033.0032.0032.0031.0029.0027.0024.0019.002.003.009.0016.0036.0039.0043.0046.0052.00
Cashflow From Investing-3.5%-596-576-625-661-679-651-509-315-272-278-413-565-607-458-433-454-439-611-669-673-633
Cashflow From Financing41.6%-621-1,064-889-795-1,638-1,144-1,172-1,278-624-1,424-1,070-1,234-1,220-1,073-2,007-1,699-1,720-1,253-1,008-2,052-1,427
  Dividend Payments1.8%34333632932131323014874.000.002.00125249372459424390355354354354354
  Buy Backs0%52.0052.0052.0039.0026.0014.00---------------

TAP Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Sales$ 3,871.1$ 3,501.4$ 6,645.9$ 6,144.7
Excise taxes(604.5)(579.7)(1,033.0)(1,008.4)
Net sales3,266.62,921.75,612.95,136.3
Cost of goods sold(2,047.7)(2,101.7)(3,623.3)(3,388.5)
Gross profit1,218.9820.01,989.61,747.8
Marketing, general and administrative expenses(734.9)(707.6)(1,349.9)(1,383.3)
Other operating income (expense), net0.2(0.6)(0.3)(28.2)
Equity income (loss)4.32.77.32.6
Operating income (loss)488.5114.5646.7338.9
Interest income (expense), net(54.6)(66.6)(113.7)(129.9)
Other pension and postretirement benefits (costs), net2.610.35.220.9
Other non-operating income (expense), net4.6(3.3)4.8(1.3)
Income (loss) before income taxes441.154.9543.0228.6
Income tax benefit (expense)(95.0)(7.0)(123.7)(43.4)
Net income (loss)346.147.9419.3185.2
Net (income) loss attributable to noncontrolling interests(3.7)(0.6)(4.4)13.6
Net income (loss) attributable to Molson Coors Beverage Company$ 342.4$ 47.3$ 414.9$ 198.8
Net income (loss) attributable to Molson Coors Beverage Company per share    
Basic (in dollars per share)$ 1.58$ 0.22$ 1.92$ 0.92
Diluted (in dollars per share)$ 1.57$ 0.22$ 1.91$ 0.91
Weighted-average shares outstanding    
Basic (in shares)216.4217.0216.5217.1
Dilutive effect of share-based awards (in shares)1.40.81.10.7
Diluted (in shares)217.8217.8217.6217.8

TAP Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 960.9$ 600.0
Trade receivables, less allowance for doubtful accounts of $12.9 and $13.2, respectively1,015.1739.8
Other receivables, net129.1126.4
Inventories, net863.4792.9
Other current assets, net360.7378.9
Total current assets3,329.22,638.0
Properties, net4,338.04,222.8
Goodwill5,296.15,291.9
Other intangibles, net12,807.012,800.1
Other assets1,019.3915.5
Total assets26,789.625,868.3
Current liabilities  
Accounts payable and other current liabilities3,406.72,978.3
Current portion of long-term debt and short-term borrowings423.2397.1
Total current liabilities3,829.93,375.4
Long-term debt6,191.96,165.2
Pension and postretirement benefits468.7473.3
Deferred tax liabilities2,671.42,646.4
Other liabilities370.8292.8
Total liabilities13,532.712,953.1
Commitments and contingencies (Note 10)
Capital stock  
Preferred stock, $0.01 par value (authorized: 25.0 shares; none issued)0.00.0
Paid-in capital7,059.57,006.4
Retained earnings7,129.36,894.1
Accumulated other comprehensive income (loss)(1,093.4)(1,205.5)
Class B common stock held in treasury at cost (10.9 shares and 10.5 shares, respectively)(549.6)(522.9)
Total Molson Coors Beverage Company stockholders' equity13,030.812,689.7
Noncontrolling interests226.1225.5
Total equity13,256.912,915.2
Total liabilities and equity26,789.625,868.3
Common Class A  
Capital stock  
Common stock issued0.00.0
Common Class B  
Capital stock  
Common stock issued2.12.1
Exchangeable Class A  
Capital stock  
Exchangeable shares issued102.2102.2
Exchangeable Class B  
Capital stock  
Exchangeable shares issued$ 380.7$ 413.3
Gavin D. K. Hattersley
16300
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. 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.