Molson Coors faces persistent volume erosion, with revenue down 4.2% year-over-year in Q2 2026, while gross margin compression to 34.3% from 40.0% signals limited pricing power.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue contracted 3.3% year-over-year in Q2 2026 to $3.1B, with gross margin falling to 34.3% from 40.0% and operating margin dropping to 10.7% from 18.2%, reflecting negative operating leverage and cost pressures.
The company has demonstrated stable operations, making it a reliable defensive cash generator.
Molson Coors is valued conservatively with trailing and forward P/E ratios of 9.11 and 8.47 respectively, indicating potential undervaluation.
The company's mid-cap status provides stability, appealing to investors seeking steady returns.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.46+1.4% vs $1.44 | $3.4B+16.0% vs $2.9B |
Q3 2026 Aug 6, 2026 | $1.58+4.6% vs $1.51 | $3.1B+0.4% vs $3.1B |
Q2 2026 Apr 30, 2026 | $0.62+72.2% vs $0.36 | $2.4B+1.0% vs $2.3B |
Q1 2026 Feb 18, 2026 | $1.21+3.4% vs $1.17 | $2.7B-1.7% vs $2.7B |
TAP's Q3 earnings and sales miss estimates as weak beer demand and rising costs squeeze margins, prompting a cut to its 2026 earnings and sales outlook.
After a brutal sell-off erased Wednesday's rally and dragged the Nasdaq back into correction territory, Wall Street analysts are still moving. Some reversed course on Pfizer, Molson Coors, and BJ's, while others spotted fresh opportunities worth a closer look.
Molson Coors Beverage Company (TAP) Q3 2026 Earnings Call Transcript
Although the revenue and EPS for Molson Coors (TAP) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Benchmark TAP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Molson Coors Beverage Company (TAP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $40.33 | $7.56B | 8.44 | -4.18% | 8.09% | 8.54% | 4.77% | |
| $83.96 | $162.13B | 24.27 | -0.75% | — | — | 2.74% | |
| $220.64 | $2.3B | -30.88 | 3.69% | -3.47% | -9.81% | — | |
| $141.97 | $24.25B | 12.59 | -10.47% | 20.9% | 22.76% | 2.87% | |
| $99.10 | $19.04B | 16.59 | 32.43% | 1.24% | 6.61% | 2.78% | |
| $69.97 | $33.72B | 13.64 | -6.15% | 2.95% | 10.55% | 2.91% |
Molson Coors Beverage Company (TAP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Molson Coors Beverage Company (TAP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jun 24, 2026·SEC
May 27, 2026·SEC
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Molson Coors Beverage Company (TAP) stock FAQ — growth, dividends, profitability & financials explained
Molson Coors Beverage Company (TAP) reported $11.04B in revenue over the trailing twelve months. Revenue was $11.14B in fiscal year 2025. That is 543% more than the $1.73B of fiscal year 1996.
Molson Coors Beverage Company (TAP) revenue fell by 1.6% over the trailing twelve months, compared with the twelve months before.
Yes. Molson Coors Beverage Company (TAP) earned $892.8M in net income over the trailing twelve months (a 8.1% net margin).
Yes. Molson Coors Beverage Company (TAP) pays a dividend that yields 4.77% at the current price, a high yield.
Molson Coors Beverage Company (TAP) had a return on equity (ROE) of 8.5% over the trailing twelve months. That is below the market's typical 10-15%.
Molson Coors Beverage Company (TAP) generated $1.17B in free cash flow over the trailing twelve months.
