Beverages - Alcoholic
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TAP vs KO
Revenue, margins, valuation, and 5-year total return — side by side.
Beverages - Non-Alcoholic
TAP vs KO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Beverages - Alcoholic | Beverages - Non-Alcoholic |
| Market Cap | $8.03B | $340.74B |
| Revenue (TTM) | $11.19B | $49.28B |
| Net Income (TTM) | $-2.11B | $13.70B |
| Gross Margin | 37.8% | 61.7% |
| Operating Margin | -20.3% | 29.3% |
| Forward P/E | 9.1x | 24.3x |
| Total Debt | $6.30B | $45.49B |
| Cash & Equiv. | $897M | $10.27B |
TAP vs KO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Molson Coors Bevera… (TAP) | 100 | 112.6 | +12.6% |
| The Coca-Cola Compa… (KO) | 100 | 169.6 | +69.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TAP vs KO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TAP is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 5 yrs, beta -0.01, yield 4.5%
- Lower volatility, beta -0.01, Low D/E 59.8%, current ratio 0.55x
- Beta -0.01, yield 4.5%, current ratio 0.55x
KO carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 1.9%, EPS growth 23.6%, 3Y rev CAGR 3.7%
- 112.5% 10Y total return vs TAP's -41.2%
- 1.9% revenue growth vs TAP's -4.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 1.9% revenue growth vs TAP's -4.2% | |
| Value | Lower P/E (9.1x vs 24.3x) | |
| Quality / Margins | 27.8% margin vs TAP's -18.9% | |
| Stability / Safety | Lower D/E ratio (59.8% vs 132.7%) | |
| Dividends | 4.5% yield, 5-year raise streak, vs KO's 2.6% | |
| Momentum (1Y) | +13.3% vs TAP's -21.5% | |
| Efficiency (ROA) | 13.1% ROA vs TAP's -8.9%, ROIC 15.8% vs -10.1% |
TAP vs KO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
TAP vs KO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
KO leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
KO is the larger business by revenue, generating $49.3B annually — 4.4x TAP's $11.2B. KO is the more profitable business, keeping 27.8% of every revenue dollar as net income compared to TAP's -18.9%. On growth, KO holds the edge at +12.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $11.2B | $49.3B |
| EBITDAEarnings before interest/tax | -$1.5B | $15.5B |
| Net IncomeAfter-tax profit | -$2.1B | $13.7B |
| Free Cash FlowCash after capex | $1.2B | $12.6B |
| Gross MarginGross profit ÷ Revenue | +37.8% | +61.7% |
| Operating MarginEBIT ÷ Revenue | -20.3% | +29.3% |
| Net MarginNet income ÷ Revenue | -18.9% | +27.8% |
| FCF MarginFCF ÷ Revenue | +10.4% | +25.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.0% | +12.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +35.6% | +18.2% |
Valuation Metrics
TAP leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $8.0B | $340.7B |
| Enterprise ValueMkt cap + debt − cash | $13.4B | $376.0B |
| Trailing P/EPrice ÷ TTM EPS | -3.94x | 26.04x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.09x | 24.33x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.33x |
| EV / EBITDAEnterprise value multiple | — | 25.38x |
| Price / SalesMarket cap ÷ Revenue | 0.72x | 7.11x |
| Price / BookPrice ÷ Book value/share | 0.79x | 9.96x |
| Price / FCFMarket cap ÷ FCF | 7.52x | 64.34x |
Profitability & Efficiency
KO leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
KO delivers a 41.1% return on equity — every $100 of shareholder capital generates $41 in annual profit, vs $-19 for TAP. TAP carries lower financial leverage with a 0.60x debt-to-equity ratio, signaling a more conservative balance sheet compared to KO's 1.33x. On the Piotroski fundamental quality scale (0–9), KO scores 7/9 vs TAP's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -18.6% | +41.1% |
| ROA (TTM)Return on assets | -8.9% | +13.1% |
| ROICReturn on invested capital | -10.1% | +15.8% |
| ROCEReturn on capital employed | -11.6% | +17.3% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 7 |
| Debt / EquityFinancial leverage | 0.60x | 1.33x |
| Net DebtTotal debt minus cash | $5.4B | $35.2B |
| Cash & Equiv.Liquid assets | $897M | $10.3B |
| Total DebtShort + long-term debt | $6.3B | $45.5B |
| Interest CoverageEBIT ÷ Interest expense | -9.99x | 10.70x |
Total Returns (Dividends Reinvested)
KO leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KO five years ago would be worth $16,233 today (with dividends reinvested), compared to $8,532 for TAP. Over the past 12 months, KO leads with a +13.3% total return vs TAP's -21.5%. The 3-year compound annual growth rate (CAGR) favors KO at 10.0% vs TAP's -9.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -8.8% | +15.3% |
| 1-Year ReturnPast 12 months | -21.5% | +13.3% |
| 3-Year ReturnCumulative with dividends | -25.4% | +33.1% |
| 5-Year ReturnCumulative with dividends | -14.7% | +62.3% |
| 10-Year ReturnCumulative with dividends | -41.2% | +112.5% |
| CAGR (3Y)Annualised 3-year return | -9.3% | +10.0% |
Risk & Volatility
KO leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
KO is the less volatile stock with a -0.09 beta — it tends to amplify market swings less than TAP's -0.01 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KO currently trades 96.5% from its 52-week high vs TAP's 74.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.01x | -0.09x |
| 52-Week HighHighest price in past year | $57.57 | $82.00 |
| 52-Week LowLowest price in past year | $40.64 | $65.35 |
| % of 52W HighCurrent price vs 52-week peak | +74.3% | +96.5% |
| RSI (14)Momentum oscillator 0–100 | 43.5 | 58.6 |
| Avg Volume (50D)Average daily shares traded | 2.9M | 13.4M |
Analyst Outlook
Evenly matched — TAP and KO each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates TAP as "Hold" and KO as "Buy". Consensus price targets imply 13.0% upside for TAP (target: $48) vs 8.3% for KO (target: $86). For income investors, TAP offers the higher dividend yield at 4.50% vs KO's 2.57%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $48.30 | $85.71 |
| # AnalystsCovering analysts | 37 | 48 |
| Dividend YieldAnnual dividend ÷ price | +4.5% | +2.6% |
| Dividend StreakConsecutive years of raises | 5 | 35 |
| Dividend / ShareAnnual DPS | $1.92 | $2.04 |
| Buyback YieldShare repurchases ÷ mkt cap | +8.1% | +0.2% |
KO leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TAP leads in 1 (Valuation Metrics). 1 tied.
TAP vs KO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is TAP or KO a better buy right now?
For growth investors, The Coca-Cola Company (KO) is the stronger pick with 1.
9% revenue growth year-over-year, versus -4. 2% for Molson Coors Beverage Company (TAP). The Coca-Cola Company (KO) offers the better valuation at 26. 0x trailing P/E (24. 3x forward), making it the more compelling value choice. Analysts rate The Coca-Cola Company (KO) a "Buy" — based on 48 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TAP or KO?
On forward P/E, Molson Coors Beverage Company is actually cheaper at 9.
1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — TAP or KO?
Over the past 5 years, The Coca-Cola Company (KO) delivered a total return of +62.
3%, compared to -14. 7% for Molson Coors Beverage Company (TAP). Over 10 years, the gap is even starker: KO returned +112. 5% versus TAP's -41. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TAP or KO?
By beta (market sensitivity over 5 years), The Coca-Cola Company (KO) is the lower-risk stock at -0.
09β versus Molson Coors Beverage Company's -0. 01β — meaning TAP is approximately -86% more volatile than KO relative to the S&P 500. On balance sheet safety, Molson Coors Beverage Company (TAP) carries a lower debt/equity ratio of 60% versus 133% for The Coca-Cola Company — giving it more financial flexibility in a downturn.
05Which is growing faster — TAP or KO?
By revenue growth (latest reported year), The Coca-Cola Company (KO) is pulling ahead at 1.
9% versus -4. 2% for Molson Coors Beverage Company (TAP). On earnings-per-share growth, the picture is similar: The Coca-Cola Company grew EPS 23. 6% year-over-year, compared to -302. 8% for Molson Coors Beverage Company. Over a 3-year CAGR, KO leads at 3. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TAP or KO?
The Coca-Cola Company (KO) is the more profitable company, earning 27.
3% net margin versus -19. 2% for Molson Coors Beverage Company — meaning it keeps 27. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KO leads at 28. 7% versus -21. 0% for TAP. At the gross margin level — before operating expenses — KO leads at 61. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TAP or KO more undervalued right now?
On forward earnings alone, Molson Coors Beverage Company (TAP) trades at 9.
1x forward P/E versus 24. 3x for The Coca-Cola Company — 15. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TAP: 13. 0% to $48. 30.
08Which pays a better dividend — TAP or KO?
All stocks in this comparison pay dividends.
Molson Coors Beverage Company (TAP) offers the highest yield at 4. 5%, versus 2. 6% for The Coca-Cola Company (KO).
09Is TAP or KO better for a retirement portfolio?
For long-horizon retirement investors, The Coca-Cola Company (KO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
09), 2. 6% yield, +112. 5% 10Y return). Both have compounded well over 10 years (KO: +112. 5%, TAP: -41. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TAP and KO?
Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TAP is a small-cap income-oriented stock; KO is a large-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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