Molson Coors Beverage Company (TAP-A) Stock Price & Analysis
Molson Coors Beverage Company (TAP-A) closed at USD 42.54 on Thursday, October 22, 2026, down 8.93% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 46.71; the Oct 22, 2026 session ranged USD 42.54–42.54 on volume of 3,643 shares. Market capitalization is $7.93B, with a 52-week range of USD 39.51–55.92 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:08 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TAP-A.md
Key facts (TAP-A)
- Last four reported quarters (through Jun 30, 2026): revenue $14.0B, net income -$2.03B (-14.5% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $53K; 1 not under a Rule 10b5-1 plan ($53K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: None.
- Total return with dividends: 1Y -12.9% vs S&P 500 +14.9%; 5Y -18.1% vs S&P 500 +80.3%.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TAP-A)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.4B | $12.8B | $13.9B | $13.7B | $13.0B | $14.0B |
| Gross profit | $4.05B | $3.66B | $4.37B | $4.53B | $4.27B | — |
| Operating income | $1.45B | $158M | $1.44B | $1.75B | -$2.34B | -$2.19B |
| Net income | $1.01B | -$175M | $949M | $1.12B | -$2.14B | -$2.03B |
| EPS (diluted) | — | -$0.81 | $4.37 | $5.35 | -$10.75 | — |
| Free cash flow | $1.05B | $841M | $1.41B | $1.24B | $1.07B | — |
| Gross margin | 32.6% | 28.5% | 31.5% | 33.0% | 32.8% | — |
| Operating margin | 11.7% | 1.2% | 10.4% | 12.8% | -17.9% | -15.7% |
| Net margin | 8.1% | -1.4% | 6.8% | 8.2% | -16.4% | -14.5% |
| Revenue growth | +6.2% | +2.9% | +8.4% | -1.1% | -5.1% | — |
| Cash + short-term investments | $637M | $600M | $869M | $969M | $897M | — |
| Total debt | $7.16B | $6.54B | $6.20B | $6.13B | $6.26B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TAP-A)
P/S 0.6x · EV/Sales 1.0x · P/B 0.8x · Earnings yield -25.58% · Net debt $5.55B · EV $13.5B
P/E at fiscal year-ends: Dec 2024 10.7x, Dec 2023 14.8x.
Insider sales (SEC Form 4, open-market, last ~7 months) (TAP-A)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-21 | Molson Geoffrey E. | Director | 1,245 | $53K | 10.1% | No | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (TAP-A)
Consensus None.
Total return (dividends reinvested) (TAP-A)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -12.9% | -18.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -12.9% | -3.9% |
| Volatility (annualized) | 48.1% | 34.6% |
| Max drawdown | -27.9% (Feb 2026→Jul 2026) | -47.5% (Dec 2022→Jul 2026) |
TAP-A revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Americas | $2.40B | 77.6% | -4.1% |
| EMEA&APAC | $700.8M | 22.6% | -0.4% |
| Total revenue | $3.10B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TAP-A suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Retail | “Additionally, in certain Canadian provinces, we rely on our joint venture arrangements in BRI and BDL to distribute our products via retail outlets that are regulated by provincial government regulators.” |
| Supplier | Distributor | “Additionally, in certain Canadian provinces, we rely on our joint venture arrangements in BRI and BDL to distribute our products via retail outlets that are regulated by provincial government regulators.” |
| Partner | BALL Corp (BALL) | “In the Americas segment, a portion of our aluminum cans and ends are purchased from Rocky Mountain Metal Container ("RMMC"), our joint venture with Ball Corporation, whose production facilities, which are leased from us, are located near our brewery in Golden, Colorado.” |
| Partner | Owens-Brockway Glass Container | “In the Americas segment, a portion of our glass bottles are purchased from Rocky Mountain Bottle Company ("RMBC"), our joint venture with Owens-Brockway Glass Container, Inc., whose production facilities, which are leased from us, are located in Wheat Ridge, Colorado.” |
| Partner | Red Tree Beverages | “We have authorizations from Red Tree Beverages, LLC that grant us the right to produce, market, advertise, promote, sell and distribute products bearing the Simply Spiked trademark in the U.S. and Canada, as well as the Topo Chico Hard Seltzer trademark in the U.S. In addition, we have agreements to brew, package and ship products for The Yuengling Company ("TYC") in the U.S. and we have a license agreement to imp…” |
| Partner | ZOA Energy | “We also have partner brands, such as Simply Spiked, ZOA Energy, Fever-Tree, among others, through license, distribution, partnership and joint venture agreements.” |
| Partner | Cobra Beer Partnership | “During March 2024, our partner in Cobra Beer Partnership, Ltd. ("CBPL") exercised a put option under our partnership agreement which required us to acquire the remaining 49.9% ownership interest.” |
Quoted from the company's 10-K filed Feb 18, 2026.
TAP-A company outlook (results filed Aug 6, 2026)
- “Important factors that could cause actual results to differ materially from the Company's historical experience, and present projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission ("SEC"), including the risks discussed in our filings with the SEC, including our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.”
Quoted word-for-word from the SEC 8-K results press release.
TAP-A analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | — | — | — | $2.94B | — |
| Next quarter (ends Dec 2026) | — | — | — | $2.66B | — |
| Current fiscal year (ends Dec 2026) | — | — | — | $11.05B | — |
| Next fiscal year (ends Dec 2027) | — | — | — | $11.06B | — |
Key Statistics (as of October 23, 2026 at 10:08 UTC)
| Price | USD 42.54 |
|---|---|
| Change | ▼ 8.93% (down) |
| Previous Close | USD 46.71 |
| Open | USD 46.89 |
| Day Range | USD 42.54 – 42.54 |
| 52-Week Range | USD 39.51 – 55.92 |
| Volume | 3,643 shares |
| Market Cap | $7.93B |
| Exchange | NYQ |
Technical Analysis (TAP-A)
Nexqual's technical model rates TAP-A "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 10:08 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 51.71 (neutral) |
| vs SMA50 | Above (USD 42.16) |
| MACD | 0.04 (positive) |
Analyst Ratings (TAP-A)
Wall Street analysts rate TAP-A "None", per Nexqual as of October 23, 2026 at 10:08 UTC.
| Consensus Rating | None |
|---|
Earnings (TAP-A)
| Revenue Estimate | $2.94B |
|---|
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Financials & Fundamentals (TAP-A)
| Total Revenue | $11.08B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -3.30% |
| Gross Margin | +37.01% |
| Operating Margin | +11.30% |
| Profit Margin | -20.81% |
| ROE | -19.47% |
| Debt / Equity | 0.76 |
| Current Ratio | 0.88 |
| Total Cash | $2.13B |
| Total Debt | $7.91B |
| Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K) | $1.07B (8.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Financial Health Score (TAP-A)
Nexqual rates Molson Coors Beverage Company's overall financial health "Weak" across five dimensions, as of October 23, 2026 at 10:08 UTC.
| Growth | Weak — Revenue -4% YoY (annual), declining |
|---|---|
| Profitability | Solid — Gross margin 37%, operating 11% (last 12 months) |
| Balance Sheet | Weak — $2.13B cash and investments vs $7.68B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.07B (FY ended Dec 2025, 10-K), 8% margin |
| Efficiency | Critical — ROE -19%, ROA 3.8% |
Ownership (TAP-A)
| Insider Ownership | +0.05% |
|---|---|
| Institutional Ownership | +0.50% |
| Shares Outstanding | 2.56M |
| Float | 156.19M |
| Short % of Float | +0.07% |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Leadership (TAP-A)
Molson Coors Beverage Company is led by Rahul Goyal, President, CEO and Director, per Nexqual as of October 23, 2026 at 10:08 UTC.
| President, CEO and Director | Rahul Goyal |
|---|---|
| Chief Financial Officer | Tracey I. Joubert |
| President and Chief Executive Officer of Molson Coors EMEA & APAC (Leave of Absence) | Philip Mark Whitehead |
| Vice President of Investor Relations | Barbara Margaret Noverini C.F.A. |
| Chief Marketing Officer | Sofia Colucci |
Major Backers & Investors (TAP-A)
Notable institutional backers of Molson Coors Beverage Company include Vinva Investment Management Ltd., according to Nexqual as of October 23, 2026 at 10:08 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Vinva Investment Management Ltd. | 0.5% |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
From Molson Coors Beverage Company's Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- Our keg supply arrangements allow us to respond to changing demand which provides supply security without locking us into long-term commitments.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in environmental, trade or other regulations or failure to comply with existing licensing, trade and other regulations could cause volatility or have a material adverse effect on our business and financial results.
- Changes in tax laws, regulations or tax rates could cause volatility or have a material adverse effect on our business and financial results.
- Failure to comply with existing or future tax laws and regulations could have a material adverse effect on our business, financial condition and results of operations.
- Unfavorable outcomes of legal or regulatory matters may adversely affect our business and financial condition and damage our reputation.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| STZ | Constellation Brands, Inc. | USD 138.98 | ▲ 5.27% |
| SAM | Boston Beer Company, Inc. (The) | USD 195.72 | ▲ 7.65% |
| FMX | Fomento Economico Mexicano S.A. | USD 129.03 | ▲ 0.82% |
| ABEV | Ambev S.A. | USD 3.33 | ▲ 1.83% |
| BUD | Anheuser-Busch Inbev SA Sponsor | USD 85.49 | ▲ 3.89% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:08 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt