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TAP

TAP - Molson Coors Brewing Co Stock Price, Fair Value and News

64.76USD-1.58 (-2.38%)Market Closed

Market Summary

TAP
USD64.76-1.58
Market Closed
-2.38%

TAP Stock Price

View Fullscreen

TAP RSI Chart

TAP Valuation

Market Cap

14.0B

Price/Earnings (Trailing)

14.74

Price/Sales (Trailing)

1.01

EV/EBITDA

8.5

Price/Free Cashflow

6.73

TAP Price/Sales (Trailing)

TAP Profitability

EBT Margin

9.02%

Return on Equity

7.19%

Return on Assets

3.6%

Free Cashflow Yield

14.86%

TAP Fundamentals

TAP Revenue

Revenue (TTM)

13.9B

Rev. Growth (Yr)

5.97%

Rev. Growth (Qtr)

-14.66%

TAP Earnings

Earnings (TTM)

948.9M

Earnings Growth (Yr)

117.49%

Earnings Growth (Qtr)

-76.02%

Breaking Down TAP Revenue

Last 7 days

-2.8%

Last 30 days

-4.0%

Last 90 days

2.5%

Trailing 12 Months

15.5%

How does TAP drawdown profile look like?

TAP Financial Health

Current Ratio

0.7

Debt/Equity

0.4

Debt/Cashflow

0.39

TAP Investor Care

Dividend Yield

0.91%

Dividend/Share (TTM)

0.57

Buy Backs (1Y)

0.41%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202312.9B13.3B13.7B13.9B
202212.8B12.8B12.9B12.8B
202111.4B12.0B12.0B12.4B
202012.7B12.2B12.0B11.7B
201913.3B13.1B12.9B13.0B
201813.4B13.5B13.5B13.3B
20177.1B9.9B12.6B13.5B
20161.9B2.5B3.0B4.9B
20155.1B3.8B2.6B1.6B
20146.0B6.0B6.0B5.9B
20132.6B3.8B5.0B6.0B
20124.5B3.5B2.6B1.7B
20113.6B4.1B4.6B5.2B
20103.0B3.1B3.1B3.3B
20095.7B4.1B3.6B3.2B
200807.8B7.2B6.7B
20070008.3B
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Tracking the Latest Insider Buys and Sells of Molson Coors Brewing Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 31, 2024
herington charles m
acquired
-
-
196
-
Mar 04, 2024
stelter roxanne
acquired
-
-
702
vp,controller & chf acct off
Mar 04, 2024
joubert tracey
acquired
-
-
7,620
chief financial officer
Mar 04, 2024
maciolek natalie g.
acquired
-
-
4,813
chief legal & govt affairs off
Mar 04, 2024
yeskov sergey
acquired
-
-
6,016
pres&ceo, molson coors europe
Mar 04, 2024
st. jacques michelle
acquired
-
-
6,016
chief commercial officer
Mar 04, 2024
coors david s.
acquired
-
-
402
-
Mar 04, 2024
hattersley gavin
acquired
-
-
30,077
president & ceo
Mar 02, 2024
coors david s.
acquired
-
-
1,691
-
Mar 02, 2024
coors david s.
sold (taxes)
-56,848
62.13
-915
-

1–10 of 50

Which funds bought or sold TAP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
reduced
-0.89
20,815
254,743
-%
Apr 12, 2024
Columbus Macro, LLC
new
-
1,212,920
1,212,920
0.46%
Apr 12, 2024
Pacifica Partners Inc.
unchanged
-
1,837
22,310
0.01%
Apr 12, 2024
CHICAGO TRUST Co NA
new
-
224,076
224,076
0.05%
Apr 12, 2024
AdvisorNet Financial, Inc
unchanged
-
260
2,892
-%
Apr 12, 2024
IMC-Chicago, LLC
sold off
-100
-977,952
-
-%
Apr 12, 2024
DOLIVER ADVISORS, LP
reduced
-9.06
-371
424,074
0.12%
Apr 12, 2024
Financial Synergies Wealth Advisors, Inc.
unchanged
-
110
471
-%
Apr 12, 2024
Lion Street Advisors, LLC
unchanged
-
-
433,430
0.18%
Apr 12, 2024
DNB Asset Management AS
reduced
-37.53
-1,084,760
2,373,790
0.01%

1–10 of 48

Are Funds Buying or Selling TAP?

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

Unveiling Molson Coors Brewing Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
dodge & cox
7.3%
14,652,014
SC 13G/A
Feb 13, 2024
vanguard group inc
10.91%
21,917,485
SC 13G/A
Jan 26, 2024
blackrock inc.
7.4%
14,948,787
SC 13G/A
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

Recent SEC filings of Molson Coors Brewing Co

View All Filings
Date Filed Form Type Document
Apr 03, 2024
ARS
ARS
Apr 03, 2024
DEF 14A
DEF 14A
Apr 03, 2024
DEFA14A
DEFA14A
Apr 02, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Molson Coors Brewing Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
250.7B
45.8B
-2.91% -7.79%
23.4
5.48
6.39% 12.28%
229.5B
91.5B
1.40% -9.02%
25.29
2.51
5.88% 1.84%
56.3B
7.1B
-10.50% 2.93%
34.97
7.88
13.14% 35.10%
42.2B
14.8B
5.40% -13.28%
19.37
2.85
5.39% 51.88%
17.1B
1.3B
-20.90% -15.46%
75.42
12.98
101.65% 221.10%
MID-CAP
4.3B
1.2B
-2.27% -6.35%
25.42
3.64
0.91% 20.76%
3.4B
2.1B
-4.77% -13.03%
45.12
1.61
-4.02% 13.36%
2.8B
1.8B
0.69% 15.82%
43.75
1.58
4.64% 8.69%
SMALL-CAP
1.7B
836.5M
-6.50% -19.53%
16.07
2.06
6.92% -1.54%
1.4B
493.6M
-4.19% 12.34%
29.34
2.77
15.39% 496.74%
949.8M
396.9M
-9.06% -44.20%
14.4
2.39
4.10% 18.38%
16.2M
8.1M
1.82% -32.53%
-5.75
2
-11.30% 54.63%
1.5M
10.8M
-21.05% -79.50%
-0.2
0.14
-24.63% 53.68%
544.8K
62.6M
150.00% -96.67%
-
-
7.31% 42.62%

Molson Coors Brewing Co News

Latest updates
Markets Insider • 09 Apr 2024 • 06:48 pm
Yahoo Finance • 19 Mar 2024 • 07:00 am
Schaeffers Research • 15 Mar 2024 • 07:00 am
Zacks Investment Research • 29 Feb 2024 • 08:00 am
Yahoo Finance • 29 Feb 2024 • 08:00 am
CNN • 7 months ago

Molson Coors Brewing Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-14.7%3,3333,9063,8712,7753,1453,5173,5012,6433,1943,4353,5642,2562,7783,3783,0302,5383,0913,4983,6202,8003,024
Gross Profit-23.3%1,0331,3461,2197719249848209288571,1941,2727318951,2031,0476249661,1561,189890823
  S&GA Expenses-8.5%683747735615576660708676665665682543648635525630613690770655663
EBITDA Margin48.6%0.16*0.11*0.09*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*
Interest Expenses7.9%60.0056.0059.0060.0066.0058.0065.0062.0067.0062.0067.0064.0072.0067.0068.0068.0074.0067.0068.0072.0074.00
Income Taxes-46.6%60.0011295.0029.0026.0055.007.0036.0027.0027.0013244.0037.00104205-43.3040.0091.0070.0032.00-6.40
Earnings Before Taxes-69.6%166544441102-56427355.00174110481523126-1,337450402-158207-30840118169.00
EBT Margin136.3%0.09*0.04*0.02*-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*
Net Income-76.0%10343134273.00-59021647.0015280.0045338984.00-1,369343195-117164-40232915176.00
Net Income Margin266.9%0.07*0.02*0.00*-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*
Free Cashflow-33.2%4757108913.00385451786-119306519939-1902034331,078-18.10609460927-98.50540
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.7%26,37526,56826,79025,85325,86826,70927,38827,72227,61927,64428,52027,16427,33128,67528,63928,46128,86028,75230,06229,82430,110
  Current Assets-7.7%2,8493,0883,3292,5522,6382,7492,8722,8712,7792,9203,6022,3662,4192,6412,5432,3732,1842,2872,6002,3382,766
    Cash Equivalents8.4%8698029613286005254423596376161,3095337707317816665234104902341,058
  Inventory-5.9%802853863916793867872936805807750746664658639682616643698688592
  Net PPE------------4,1444,2504,1804,3444,3944,5474,4324,5054,5534,608
  Goodwill0.1%5,3255,3215,2965,2925,2926,1336,1496,1556,1536,1526,1576,1546,1517,6247,5627,5397,6317,5498,2898,2798,261
Liabilities-1.1%12,94013,08013,53312,93412,95313,31213,78513,95113,95514,12115,28414,33014,71014,90015,37115,51515,18715,34515,91715,93616,374
  Current Liabilities-3.4%4,0934,2383,8303,3063,3753,5913,5143,5553,6223,7804,8923,5963,9104,3113,8064,0033,6963,8894,0804,2024,301
  Long Term Debt0.2%5,3125,3016,1926,1786,1656,0836,5586,6326,6476,6616,7027,1817,2087,1308,0748,0328,1108,0598,5188,4858,894
    LT Debt, Non Current0.2%5,3125,3016,1926,1786,1656,0836,5586,6326,6476,6616,7027,1817,2087,1308,0748,0328,1108,0598,5188,4858,894
Shareholder's Equity-0.4%13,19613,24613,25712,91912,69013,39713,60313,77113,66413,52313,23612,83412,62113,77613,26812,94613,67313,40714,14513,88813,736
  Retained Earnings0.2%7,4847,4707,1296,8776,8947,5677,4347,4707,4027,3967,0176,6286,5447,9147,5717,3767,6177,5778,1037,8627,693
  Additional Paid-In Capital0.1%7,1087,1007,0607,0267,0066,9946,9846,9766,9716,9646,9556,9476,9386,9316,7866,7816,7746,7736,7836,7766,773
Accumulated Depreciation---------3,507---3,416---3,005---2,559
Shares Outstanding-0.1%216216217217217217217217217217217217217217217217217217217217216
Minority Interest-1.2%211214226223226226230239247247252253256263265259254244246241228
Float---12,000---9,900---9,800---6,300---10,200--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-33.2%474,500710,100891,0003,400384,500450,700786,100-119,300305,800519,200939,400-190,900202,500433,3001,078,000-18,100609,100460,200926,500-98,500539,900
  Share Based Compensation-21.7%10,80013,80010,5009,8007,9008,8008,4008,5007,4008,2008,2008,3006,2006,2005,9005,9001,000-11,1007,20011,4008,800
Cashflow From Investing47.2%-173,200-327,900-163,200-177,400-120,200-135,400-143,300-226,200-156,800-153,000-115,500-84,60037,700-109,800-121,500-220,000-114,300-151,20026,800-194,600-135,600
Cashflow From Financing52.0%-252,800-526,700-99,400-102,500-216,700-203,000-542,30072,500-122,600-1,045,700-48,90045,000-229,100-391,500-848,500398,700-393,400-377,700-701,100-534,800-85,500
  Dividend Payments-0.6%88,00088,50088,70089,50082,20082,20082,50082,40073,90073,700200---1,900123,4005,000,000123,50088,70088,70088,600
  Buy Backs323.7%144,90034,20012,10014,60012,70012,60012,10014,100-------------

TAP Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Sales$ 13,884.6$ 12,807.5$ 12,449.9
Excise taxes(2,182.5)(2,106.5)(2,170.2)
Net sales11,702.110,701.010,279.7
Cost of goods sold(7,333.3)(7,045.8)(6,226.3)
Gross profit4,368.83,655.24,053.4
Marketing, general and administrative expenses(2,779.9)(2,618.8)(2,554.5)
Goodwill impairment0.0(845.0)0.0
Other operating income (expense), net(162.7)(38.6)(44.5)
Equity income (loss)12.04.70.0
Operating income (loss)1,438.2157.51,454.4
Interest expense(234.0)(250.6)(260.3)
Interest income25.44.32.0
Other pension and postretirement benefit (cost), net10.236.646.4
Other non-operating income (expense), net12.7(10.3)(3.5)
Total non-operating income (expense), net(185.7)(220.0)(215.4)
Income (loss) before income taxes1,252.5(62.5)1,239.0
Income tax benefit (expense)(296.1)(124.0)(230.5)
Net income (loss)956.4(186.5)1,008.5
Net (income) loss attributable to noncontrolling interests(7.5)11.2(2.8)
Net income (loss) attributable to Molson Coors Beverage Company$ 948.9$ (175.3)$ 1,005.7
Net income (loss) attributable to Molson Coors Beverage Company per share   
Basic (in dollars per share)$ 4.39$ (0.81)$ 4.63
Diluted (in dollars per share)$ 4.37$ (0.81)$ 4.62
Weighted-average shares outstanding   
Basic (in shares)216.0216.9217.1
Dilutive effect of share-based awards (in shares)1.30.00.5
Diluted (in shares)217.3216.9217.6

TAP Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 868.9$ 600.0
Trade receivables, net757.8739.8
Other receivables, net121.6126.4
Inventories, net802.3792.9
Other current assets, net297.9378.9
Total current assets2,848.52,638.0
Property, plant and equipment, net4,444.54,222.8
Goodwill5,325.35,291.9
Other intangibles, net12,614.612,800.1
Other assets1,142.2915.5
Total assets26,375.125,868.3
Current liabilities  
Accounts payable and other current liabilities3,180.82,978.3
Current portion of long-term debt and short-term borrowings911.8397.1
Total current liabilities4,092.63,375.4
Long-term debt5,312.16,165.2
Pension and postretirement benefits465.8473.3
Deferred tax liabilities2,697.22,646.4
Other liabilities372.3292.8
Total liabilities12,940.012,953.1
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest27.90.0
Capital stock  
Preferred stock, $0.01 par value (authorized: 25.0 shares; none issued)0.00.0
Paid-in capital7,108.47,006.4
Retained earnings7,484.36,894.1
Accumulated other comprehensive income (loss)(1,116.3)(1,205.5)
Class B common stock held in treasury at cost (13.9 shares and 10.5 shares, respectively)(735.6)(522.9)
Total Molson Coors Beverage Company stockholders' equity13,196.012,689.7
Noncontrolling interests211.2225.5
Total equity13,407.212,915.2
Total liabilities and equity26,375.125,868.3
Common Class A  
Capital stock  
Common stock issued$ 0.0$ 0.0
Common stock, shares issued (in shares)2.62.6
Common Class B  
Capital stock  
Common stock issued$ 2.1$ 2.1
Common stock, shares issued (in shares)212.5210.5
Class A exchangeable shares  
Capital stock  
Exchangeable shares issued$ 100.8$ 102.2
Class B exchangeable shares  
Capital stock  
Exchangeable shares issued$ 352.3$ 413.3
TAP
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, 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 headquartered in Golden, Colorado.
 CEO
 WEBSITEmolsoncoors.com
 INDUSTRYBeverages Non-Alcoholic
 EMPLOYEES16600

Molson Coors Brewing Co Frequently Asked Questions


What is the ticker symbol for Molson Coors Brewing Co? What does TAP stand for in stocks?

TAP is the stock ticker symbol of Molson Coors Brewing Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Molson Coors Brewing Co (TAP)?

As of Mon Apr 15 2024, market cap of Molson Coors Brewing Co is 13.99 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TAP stock?

You can check TAP's fair value in chart for subscribers.

What is the fair value of TAP stock?

You can check TAP's fair value in chart for subscribers. The fair value of Molson Coors Brewing Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Molson Coors Brewing Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TAP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Molson Coors Brewing Co a good stock to buy?

The fair value guage provides a quick view whether TAP is over valued or under valued. Whether Molson Coors Brewing Co is cheap or expensive depends on the assumptions which impact Molson Coors Brewing Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TAP.

What is Molson Coors Brewing Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, TAP's PE ratio (Price to Earnings) is 14.74 and Price to Sales (PS) ratio is 1.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TAP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Molson Coors Brewing Co's stock?

In the past 10 years, Molson Coors Brewing Co has provided 0.028 (multiply by 100 for percentage) rate of return.