financial statements

The full income statement, balance sheet, and cash-flow statement for Molson Coors Beverage Company (TAP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	13.0B YoY-5.1%	13.7B YoY-1.1%	13.9B YoY+8.4%	12.8B YoY+2.9%	12.4B YoY+6.2%
	4.27B YoY-5.7%	4.53B YoY+3.8%	4.37B YoY+19.5%	3.66B YoY-9.8%	4.05B YoY+7.6%
Cost of revenue	6.87B YoY-3.2%	7.09B YoY-3.3%	7.33B YoY+4.1%	7.05B YoY+13.2%	6.23B YoY+5.8%
Selling, general & administrative	2.64B YoY-2.7%	2.72B YoY-2.2%	2.78B YoY+6.2%	2.62B YoY+2.5%	2.55B YoY+4.8%
Selling & marketing	1.33B YoY-1.9%	1.36B YoY-1.2%	1.37B YoY+8.2%	1.27B	—
Amortization of intangibles	206M YoY-0.1%	206M YoY-0.4%	207M YoY-0.4%	208M YoY-4.5%	218M YoY-0.9%
Operating income	-2.34B YoY-233.3%	1.75B YoY+21.9%	1.44B YoY+813.1%	158M YoY-89.2%	1.45B YoY+455.7%
Interest expense	248M YoY-12.3%	283M YoY+20.8%	234M YoY-6.6%	251M YoY-3.7%	260M YoY-5.2%
Interest & investment income	20.6M YoY-41.8%	35.4M YoY+39.4%	25.4M YoY+490.7%	4.30M YoY+115.0%	2.00M YoY-39.4%
Other non-operating income	31.8M YoY+1414.3%	2.10M YoY-83.5%	12.7M YoY+223.3%	-10.3M YoY-194.3%	-3.50M YoY-158.3%
Equity-method income	13.4M YoY+396.3%	2.70M YoY-77.5%	12.0M YoY+155.3%	4.70M	0.00
Pre-tax income	-2.52B YoY-267.5%	1.50B YoY+20.0%	1.25B YoY+2104.0%	-62.5M YoY-105.0%	1.24B YoY+292.4%
Income tax	-338M YoY-197.8%	345M YoY+16.6%	296M YoY+138.8%	124M YoY-46.2%	231M YoY-23.6%
	-2.14B YoY-290.6%	1.12B YoY+18.3%	949M YoY+641.3%	-175M YoY-117.4%	1.01B YoY+206.0%
Net income to non-controlling interest	-40.6M YoY-215.0%	35.3M YoY+370.7%	7.50M YoY+167.0%	-11.2M YoY-500.0%	2.80M YoY-15.2%
	-$10.75 YoY-300.9%	$5.35 YoY+22.4%	$4.37 YoY+639.5%	-$0.81	—
EPS (basic)	-$10.75 YoY-299.8%	$5.38 YoY+22.6%	$4.39 YoY+642.0%	-$0.81	—
Weighted-avg shares (basic)	199M YoY-4.6%	209M YoY-3.3%	216M YoY-0.4%	217M YoY-0.1%	217M YoY+0.1%
Weighted-avg shares (diluted)	199M YoY-5.1%	210M YoY-3.4%	217M YoY+0.2%	217M YoY-0.3%	218M YoY+0.4%
Dividends per share	$1.88 YoY+6.8%	$1.76 YoY+7.3%	$1.64 YoY+7.9%	$1.52	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.94B YoY+3.1%	2.85B YoY-0.0%	2.85B YoY+8.0%	2.64B YoY-5.1%	2.78B YoY+14.9%
Cash & equivalents	897M YoY-7.5%	969M YoY+11.6%	869M YoY+44.8%	600M YoY-5.9%	637M YoY-17.2%
Accounts receivable	703M YoY+1.4%	693M YoY-8.5%	758M YoY+2.4%	740M YoY+9.0%	679M YoY+23.5%
Inventory	716M YoY-1.6%	728M YoY-9.3%	802M YoY+1.2%	793M YoY-1.5%	805M YoY+21.1%
Other current assets	433M YoY+40.3%	308M YoY+3.5%	298M YoY-21.4%	379M YoY-17.1%	457M YoY+53.8%
	22.7B YoY-12.8%	26.1B YoY-1.2%	26.4B YoY+2.0%	25.9B YoY-6.3%	27.6B YoY+1.1%
Property, plant & equipment	4.14B YoY+0.0%	4.14B YoY+0.0%	4.14B YoY+0.0%	4.14B YoY+0.0%	4.14B YoY-2.5%
Operating lease right-of-use	194M YoY+2.6%	189M YoY-5.8%	201M YoY+51.2%	133M YoY+11.4%	119M YoY-12.6%
Goodwill	1.94B YoY-65.2%	5.58B YoY+4.8%	5.33B YoY+0.6%	5.29B YoY-14.0%	6.15B YoY+0.0%
Intangible assets	12.0B YoY-1.7%	12.2B YoY-3.3%	12.6B YoY-1.4%	12.8B YoY-3.7%	13.3B YoY-2.0%
Deferred tax assets	26.7M YoY+0.0%	26.7M YoY+0.0%	26.7M YoY+0.0%	26.7M YoY+0.0%	26.7M YoY+0.0%
Other non-current assets	1.10B YoY+12.3%	978M YoY-14.4%	1.14B YoY+24.8%	916M YoY-24.2%	1.21B YoY+26.6%
	5.31B YoY+74.4%	3.05B YoY-25.6%	4.09B YoY+21.2%	3.38B YoY-6.8%	3.62B YoY-7.4%
Accounts payable	1.82B YoY-2.8%	1.88B YoY-5.3%	1.98B YoY-4.2%	2.07B YoY-1.4%	2.10B YoY+21.1%
Accrued liabilities	2.88B YoY-4.5%	3.01B YoY-5.3%	3.18B YoY+6.8%	2.98B YoY-4.2%	3.11B YoY+7.5%
Short-term & current debt	2.39B YoY+19369.1%	12.3M YoY-98.6%	890M YoY+136.7%	376M YoY-25.9%	508M YoY-49.5%
Current lease liability	52.8M YoY+13.1%	46.7M YoY-0.4%	46.9M YoY+4.9%	44.7M YoY-1.5%	45.4M YoY-3.6%
	12.2B YoY-3.3%	12.6B YoY-2.5%	12.9B YoY-0.1%	13.0B YoY-7.2%	14.0B YoY-5.1%
Long-term debt	3.87B YoY-36.8%	6.11B YoY+15.1%	5.31B YoY-13.8%	6.17B YoY-7.3%	6.65B YoY-7.8%
Non-current lease liability	160M YoY-0.9%	162M YoY-1.5%	164M YoY+65.1%	99.3M YoY+13.1%	87.8M YoY-17.5%
Deferred tax liabilities	2.28B YoY-16.4%	2.73B YoY+1.3%	2.70B YoY+1.9%	2.65B YoY-2.2%	2.70B YoY+13.6%
Other non-current liabilities	308M YoY+1.8%	302M YoY-18.8%	372M YoY+27.2%	293M YoY-10.3%	327M YoY-27.0%
	10.2B YoY-21.9%	13.1B YoY-0.8%	13.2B YoY+4.0%	12.7B YoY-5.4%	13.4B YoY+8.5%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Additional paid-in capital	7.25B YoY+0.3%	7.22B YoY+1.6%	7.11B YoY+1.5%	7.01B YoY+0.5%	6.97B YoY+0.5%
Retained earnings	5.72B YoY-30.5%	8.24B YoY+10.1%	7.48B YoY+8.6%	6.89B YoY-6.9%	7.40B YoY+13.1%
Treasury stock	2.04B YoY+47.7%	1.38B YoY+87.7%	736M YoY+40.7%	523M YoY+10.9%	471M YoY+0.0%
Accumulated other comprehensive income	-1.07B YoY+21.3%	-1.36B YoY-22.0%	-1.12B YoY+7.4%	-1.21B YoY-19.8%	-1.01B YoY+13.9%
Non-controlling interest	197M YoY+2.6%	192M YoY-9.2%	211M YoY-6.3%	226M YoY-8.7%	247M YoY-3.6%
Total equity incl. non-controlling	10.4B YoY-21.5%	13.3B YoY-0.9%	13.4B YoY+3.8%	12.9B YoY-5.5%	13.7B YoY+8.3%
Total liabilities & equity	22.7B YoY-12.8%	26.1B YoY-1.2%	26.4B YoY+2.0%	25.9B YoY-6.3%	27.6B YoY+1.1%
Shares outstanding (cover)	0.00	0.00	0.00	0.00	0.00
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.78B YoY-6.6%	1.91B YoY-8.1%	2.08B YoY+38.4%	1.50B YoY-4.5%	1.57B YoY-7.2%
Depreciation & amortization	711M YoY-6.3%	759M YoY+11.2%	683M YoY-0.3%	685M YoY-12.9%	786M YoY-14.7%
Share-based compensation	35.0M YoY-18.8%	43.1M YoY-4.0%	44.9M YoY+33.6%	33.6M YoY+4.7%	32.1M YoY+32.6%
Deferred income taxes	-443M YoY-476.9%	118M YoY+226.4%	36.0M YoY+232.4%	-27.2M YoY-115.0%	181M YoY+70.3%
Change in inventory	-65.2M YoY-18.3%	-55.1M YoY-153.9%	-21.7M YoY-133.6%	64.6M YoY-55.1%	144M YoY+211.5%
Other operating activities	-600K YoY+99.2%	-77.1M	0.00	0.00	—
	-822M YoY-26.9%	-648M YoY+23.0%	-842M YoY-34.7%	-625M YoY-22.6%	-510M YoY-23.3%
Capital expenditure	717M YoY+6.3%	674M YoY+0.4%	672M YoY+1.5%	661M YoY+26.6%	523M YoY-9.1%
Acquisitions	22.3M YoY+159.3%	8.60M YoY-86.5%	63.7M	0.00	0.00
Other investing activities	99.0M YoY+1070.6%	-10.2M YoY-108.7%	117M YoY+2963.4%	-4.10M YoY-130.8%	13.3M YoY+654.2%
	-1.06B YoY+7.2%	-1.14B YoY-16.0%	-981M YoY-10.3%	-890M YoY+24.1%	-1.17B YoY-9.5%
Common stock repurchased	648M YoY+0.7%	643M YoY+212.6%	206M YoY+299.6%	51.5M	0.00
Dividends paid	376M YoY+1.9%	369M YoY+4.1%	355M YoY+7.7%	329M YoY+122.8%	148M YoY+18.0%
Other financing activities	-19.8M YoY+81.3%	-106M YoY-357.6%	-23.1M YoY-696.6%	-2.90M YoY+87.8%	-23.8M YoY+25.2%
FX effect on cash	21.7M YoY+192.3%	-23.5M YoY-280.8%	13.0M YoY+152.4%	-24.8M YoY-2.9%	-24.1M YoY-168.9%
Net change in cash	-72.8M YoY-172.5%	100M YoY-62.7%	269M YoY+819.0%	-37.4M YoY+71.8%	-133M YoY-153.8%
Interest paid	241M YoY+11.4%	216M YoY-5.7%	229M YoY-4.6%	240M YoY-6.3%	256M YoY-5.8%
Income taxes paid	131M YoY-42.1%	227M YoY-7.2%	245M YoY+219.6%	76.6M YoY-66.3%	227M YoY+78.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	0.00	0.00	0.00	0.00	0.00
Dividend yield	4.0% YoY+31.2%	3.1% YoY+14.6%	2.7% YoY-9.2%	3.0%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TAP's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TAP filings on SEC EDGAR → Not investment advice.

TAP▼ financial statements

About this data

financial statements