Molson Coors Beverage Company (TAP) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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TAP EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TAP Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 37.6% | -21.0% | -19.2% |
| 2024 | 39.0% | 15.1% | 9.7% |
| 2023 | 37.3% | 12.3% | 8.1% |
| 2022 | 34.2% | 1.5% | -1.6% |
| 2021 | 39.4% | 14.1% | 9.8% |
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Molson Coors Beverage Company (TAP) Earnings Overview
As of May 8, 2026, Molson Coors Beverage Company (TAP) reported trailing twelve-month net income of -$2.11B, reflecting -302.8% year-over-year growth. The company earned $-11.14 per diluted share over the past four quarters, with a net profit margin of -19.2%.
Looking at the long-term picture, TAP's historical earnings data spans multiple years. The company achieved its highest annual net income of $1.98B in fiscal 2016.
Molson Coors Beverage Company is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including BUD ($12.57B net income, 9.8% margin), SAM (-$61M net income, 5.2% margin), STZ ($1.11B net income, -0.8% margin), TAP has room to improve margins relative to the peer group. Compare TAP vs BUD →
TAP Earnings vs Peers
Earnings metrics vs comparable public companies
TAP Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$2.14B | -290.6% | -$2.34B | $-10.85 | -19.2% | -21.0% |
| 2024 | $1.12B | +18.3% | $1.75B | $5.35 | 9.7% | 15.1% |
| 2023 | $949M | +641.3% | $1.44B | $4.37 | 8.1% | 12.3% |
| 2022 | -$175M | -117.4% | $158M | $-0.86 | -1.6% | 1.5% |
| 2021 | $1.01B | +206.3% | $1.45B | $4.62 | 9.8% | 14.1% |
| 2020 | -$946M | -491.3% | -$409M | $-4.36 | -9.8% | -4.2% |
| 2019 | $242M | -78.4% | $764M | $1.11 | 2.3% | 7.2% |
| 2018 | $1.12B | -21.1% | $1.63B | $5.15 | 10.4% | 15.2% |
| 2017 | $1.41B | -28.4% | $1.68B | $6.53 | 12.9% | 15.2% |
| 2016 | $1.98B | +449.6% | $3.32B | $9.26 | 40.4% | 68.0% |
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Start ComparisonTAP — Frequently Asked Questions
Quick answers to the most common questions about buying TAP stock.
Is TAP growing earnings?
TAP EPS fell to $-11.14, with earnings declining -302.8%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-2.1B.
What are TAP's profit margins?
Molson Coors Beverage Company net margin is -19.2%, with operating margin at -21.0%. Below-average margins reflect competitive or cost pressures.
How consistent are TAP's earnings?
TAP earnings data spans 1989-2025. The declining earnings trend is -302.8% YoY. Historical data enables comparison across business cycles.