Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Molson Coors Beverage Company

TAP stock analysis · Consumer Staples · Brewers

FY 2025-12-31ANNUAL FILINGSMULTIPLE SHARE CLASSES
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ⓘ These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained. Issuer-level values span share classes. Reviewed equivalent shares are used when available; the price panel explains the capital basis.
Reference share price · USD
$38.96HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
Needs share-count review

Must include subsidiary exchangeable shares with matching economic rights; exclude SpecialA/B voting shares held by trustee that merely represent those exchangeable holders. Both listed A/B prices may differ; issued B requires treasury subtraction. Merely A+B common undercounts issuer equity.

Valuation

DCF value

— Requires positive annual FCF, usable shares and discount rate above terminal growth.

Requires positive annual FCF, usable shares and discount rate above terminal growth.

How this is calculated ↗
Valuation

Reverse DCF

— A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

How this is calculated ↗
Valuation

Relative valuation

— Requires market caps for at least five comparable profitable issuers.

Requires market caps for at least five comparable profitable issuers.

How this is calculated ↗
Valuation

Historical multiples

— Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

— A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

How this is calculated ↗
Quality

ROIC / quality

-10.8%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

— Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

— Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

-12.8%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

— A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

A dated price is available, but an unambiguous issuer share count is missing or the share-class capital structure needs review.

How this is calculated ↗
Quality

Accrual quality

-16.2%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

-12.0%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.1B2020-12-31: cfo $1,695,700,000.002020-12-31: capex $574,800,000.0020202021-12-31: cfo $1,573,500,000.002021-12-31: capex $522,600,000.0020212022-12-31: cfo $1,502,000,000.002022-12-31: capex $661,400,000.0020222023-12-31: cfo $2,079,000,000.002023-12-31: capex $671,500,000.0020232024-12-31: cfo $1,910,300,000.002024-12-31: capex $674,100,000.0020242025-12-31: cfo $1,784,400,000.002025-12-31: capex $716,600,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%———
10.0%———
12.0%———

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3113B-2.2B1.8B716.6M22.7B
2024-12-3113.7B1.2B1.9B674.1M26.1B
2023-12-3113.9B956.4M2.1B671.5M26.4B
2022-12-3112.8B-186.5M1.5B661.4M25.9B
2021-12-3112.4B1B1.6B522.6M27.6B
2020-12-3111.7B-945.7M1.7B574.8M27.3B
2019-12-3113B246.2M1.9B593.8M28.9B
2018-12-3110.8B1.1B2.3B651.7M30.1B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue13BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-18
netIncome-2.2BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-18
Parent/common earnings proxy-2.1BNetIncomeLoss2026-02-18
cfo1.8BNetCashProvidedByUsedInOperatingActivities2026-02-18
capex716.6MPaymentsToAcquireProductiveAssets2026-02-18
operatingIncome-2.3BOperatingIncomeLoss2026-02-18
assets22.7BAssets2026-02-18
equity10.4BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-18
Parent book equity proxy10.2BStockholdersEquity2026-02-18
debt6.3BLongTermDebt2026-02-18
shortDebt—Not reported under a supported tag—
cash896.5MCashAndCashEquivalentsAtCarryingValue2026-02-18
shares199.1MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-18
dividends376.3MPaymentsOfDividends2026-02-18
buybacks647.9MPaymentsForRepurchaseOfCommonStock2026-02-18
issuance—Not reported under a supported tag—