# Molson Coors Beverage Company (TAP) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Defensive / Beverages. Price $40.50, market value $7.6 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Molson Coors Beverage Company reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 14.1%** (5-yr avg 10.9%). Free cash flow equals 14.1% of the market value, above its five-year average of 10.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 32.2%**. Molson Coors Beverage Company keeps 32.2% of revenue after the direct cost of what it sells.
- **Operating margin: -15.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -16.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -20.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -11.1%**. Return on all capital, debt included, is -11.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -8.9%**. Each dollar of assets produces -8.9% of profit.

## Growth
- **Revenue growth (1 yr): -5.1%** (3-yr 0.6%/yr, 5-yr 2.2%/yr). Revenue fell 5.1% over the last year, against 2.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -300.9%**. Earnings per share fell 300.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 8.3%/yr**. Free cash flow has compounded at 8.3% a year over three years.

## Financial health
- **Debt to equity: 0.62**. Debt is 0.62 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. Molson Coors Beverage Company holds more cash than debt.
- **Altman Z-score: 1.24**. A Z-score of 1.24 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.74%** ($1.90 per share, trailing). Molson Coors Beverage Company yields 4.74%, an income-level yield.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 27.0%/yr** (1-yr 6.8%). The dividend has compounded at 27.0% a year over five years, doubling roughly every 3 years at that pace.

## Analyst view
- **Analyst consensus: hold** (21 analysts). 21 analysts cover Molson Coors Beverage Company; the consensus is hold, with an average price target of $45.48 (+12% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -15.4%** (YTD -11.3%, 3-mo 3.7%). The shares are down 15.4% over twelve months including dividends.
- **From 52-week high: -26.1%** (6.5% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): -0.16** (volatility 28%). Beta of -0.16 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TAP · Page: https://foliofundamentals.com/stocks/tap

Not investment advice.