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.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | 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 | 11.1B-4.2% | 11.6B-0.6% | 11.7B+9.4% | 10.7B+4.1% | 10.3B+6.5% | |
| 4.27B-5.7% | 4.53B+3.8% | 4.37B+19.5% | 3.66B-9.8% | 4.05B+7.6% | ||
| Cost of revenue | 6.87B-3.2% | 7.09B-3.3% | 7.33B+4.1% | 7.05B+13.2% | 6.23B+5.8% | |
| Selling, general & administrative | 2.64B-2.7% | 2.72B-2.2% | 2.78B+6.2% | 2.62B+2.5% | 2.55B+4.8% | |
| Selling & marketing | 1.33B-1.9% | 1.36B-1.2% | 1.37B+8.2% | 1.27B | — | |
| Amortization of intangibles | 206M-0.1% | 206M-0.4% | 207M-0.4% | 208M-4.5% | 218M-0.9% | |
| Operating income | -2.34B-233.3% | 1.75B+21.9% | 1.44B+813.1% | 158M-89.2% | 1.45B+455.7% | |
| Interest expense | 248M-12.3% | 283M+20.8% | 234M-6.6% | 251M-3.7% | 260M-5.2% | |
| Interest & investment income | 20.6M-41.8% | 35.4M+39.4% | 25.4M+490.7% | 4.30M+115.0% | 2.00M-39.4% | |
| Other non-operating income | 31.8M+1414.3% | 2.10M-83.5% | 12.7M+223.3% | -10.3M-194.3% | -3.50M-158.3% | |
| Equity-method income | 13.4M+396.3% | 2.70M-77.5% | 12.0M+155.3% | 4.70M | 0.00 | |
| Gain (loss) on equity securities | 31.7M | — | — | — | — | |
| Pre-tax income | -2.52B-267.5% | 1.50B+20.0% | 1.25B+2104.0% | -62.5M-105.0% | 1.24B+292.4% | |
| Income tax | -338M-197.8% | 345M+16.6% | 296M+138.8% | 124M-46.2% | 231M-23.6% | |
| -2.14B-290.6% | 1.12B+18.3% | 949M+641.3% | -175M-117.4% | 1.01B+206.0% | ||
| Net income to non-controlling interest | -40.6M-215.0% | 35.3M+370.7% | 7.50M+167.0% | -11.2M-500.0% | 2.80M-15.2% | |
| Net income to common | -2.14B-290.6% | 1.12B+18.3% | 949M+641.3% | -175M-117.4% | 1.01B+206.0% | |
| -$10.75-300.9% | $5.35+22.4% | $4.37+639.5% | -$0.81-117.5% | $4.62+205.5% | ||
| EPS (basic) | -$10.75-299.8% | $5.38+22.6% | $4.39+642.0% | -$0.81-117.5% | $4.63+205.7% | |
| Weighted-avg shares (basic) | 199M-4.6% | 209M-3.3% | 216M-0.4% | 217M-0.1% | 217M+0.1% | |
| Weighted-avg shares (diluted) | 199M-5.1% | 210M-3.4% | 217M+0.2% | 217M-0.3% | 218M+0.4% | |
| Dividends per share | $1.88+6.8% | $1.76+7.3% | $1.64+7.9% | $1.52+123.5% | $0.68+19.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.94B+3.1% | 2.85B-0.0% | 2.85B+8.0% | 2.64B-5.1% | 2.78B+14.9% | ||
| Cash & equivalents | 897M-7.5% | 969M+11.6% | 869M+44.8% | 600M-5.9% | 637M-17.2% | |
| Accounts receivable | 703M+1.4% | 693M-8.5% | 758M+2.4% | 740M+9.0% | 679M+23.5% | |
| Inventory | 716M-1.6% | 728M-9.3% | 802M+1.2% | 793M-1.5% | 805M+21.1% | |
| Other current assets | 433M+40.3% | 308M+3.5% | 298M-21.4% | 379M-17.1% | 457M+53.8% | |
| 22.7B-12.8% | 26.1B-1.2% | 26.4B+2.0% | 25.9B-6.3% | 27.6B+1.1% | ||
| Operating lease right-of-use | 194M+2.6% | 189M-5.8% | 201M+51.2% | 133M+11.4% | 119M-12.6% | |
| Goodwill | 1.94B-65.2% | 5.58B+4.8% | 5.33B+0.6% | 5.29B-14.0% | 6.15B+0.0% | |
| Intangible assets | 12.0B-1.7% | 12.2B-3.3% | 12.6B-1.4% | 12.8B-3.7% | 13.3B-2.0% | |
| Other non-current assets | 1.10B+12.3% | 978M-14.4% | 1.14B+24.8% | 916M-24.2% | 1.21B+26.6% | |
| 5.31B+74.4% | 3.05B-25.6% | 4.09B+21.2% | 3.38B-6.8% | 3.62B-7.4% | ||
| Accounts payable | 1.82B-2.8% | 1.88B-5.3% | 1.98B-4.2% | 2.07B-1.4% | 2.10B+21.1% | |
| Accrued liabilities | 2.88B-4.5% | 3.01B-5.3% | 3.18B+6.8% | 2.98B-4.2% | 3.11B+7.5% | |
| Short-term & current debt | 2.43B+7459.3% | 32.2M-96.5% | 912M+129.6% | 397M-22.9% | 515M-49.5% | |
| Current lease liability | 52.8M+13.1% | 46.7M-0.4% | 46.9M+4.9% | 44.7M-1.5% | 45.4M-3.6% | |
| Finance lease liability (current) | 10.7M+8.1% | 9.90M+90.4% | 5.20M-1.9% | 5.30M+15.2% | 4.60M+12.2% | |
| 12.2B-3.3% | 12.6B-2.5% | 12.9B-0.1% | 13.0B-7.2% | 14.0B-5.1% | ||
| Long-term debt | 3.87B-36.8% | 6.11B+15.1% | 5.31B-13.8% | 6.17B-7.3% | 6.65B-7.8% | |
| Non-current lease liability | 160M-0.9% | 162M-1.5% | 164M+65.1% | 99.3M+13.1% | 87.8M-17.5% | |
| Operating lease liability (total) | 213M+2.3% | 208M-1.2% | 211M+46.4% | 144M+8.1% | 133M-13.2% | |
| Finance lease liability (total) | 64.7M-3.1% | 66.8M+24.4% | 53.7M-12.7% | 61.5M-8.5% | 67.2M+5.0% | |
| Finance lease liability | 54.0M-5.1% | 56.9M+17.3% | 48.5M-13.7% | 56.2M-10.2% | 62.6M+4.5% | |
| Deferred tax liabilities | 2.28B-16.4% | 2.73B+1.3% | 2.70B+1.9% | 2.65B-2.2% | 2.70B+13.6% | |
| Other non-current liabilities | 308M+1.8% | 302M-18.8% | 372M+27.2% | 293M-10.3% | 327M-27.0% | |
| 10.2B-21.9% | 13.1B-0.8% | 13.2B+4.0% | 12.7B-5.4% | 13.4B+8.5% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 7.25B+0.3% | 7.22B+1.6% | 7.11B+1.5% | 7.01B+0.5% | 6.97B+0.5% | |
| Retained earnings | 5.72B-30.5% | 8.24B+10.1% | 7.48B+8.6% | 6.89B-6.9% | 7.40B+13.1% | |
| Treasury stock | 2.04B+47.7% | 1.38B+87.7% | 736M+40.7% | 523M+10.9% | 471M+0.0% | |
| Accumulated other comprehensive income | -1.07B+21.3% | -1.36B-22.0% | -1.12B+7.4% | -1.21B-19.8% | -1.01B+13.9% | |
| Non-controlling interest | 197M+2.6% | 192M-9.2% | 211M-6.3% | 226M-8.7% | 247M-3.6% | |
| Total equity incl. non-controlling | 10.4B-21.5% | 13.3B-0.9% | 13.4B+3.8% | 12.9B-5.5% | 13.7B+8.3% | |
| Total liabilities & equity | 22.7B-12.8% | 26.1B-1.2% | 26.4B+2.0% | 25.9B-6.3% | 27.6B+1.1% | |
| Common shares outstanding | 219M+0.3% | 218M+1.4% | 215M+0.9% | 213M+0.2% | 213M+0.1% | |
| Treasury shares | 37.7M+52.0% | 24.8M+78.4% | 13.9M+32.4% | 10.5M+10.5% | 9.50M+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.78B-6.6% | 1.91B-8.1% | 2.08B+38.4% | 1.50B-4.5% | 1.57B-7.2% | ||
| Depreciation & amortization | 711M-6.3% | 759M+11.2% | 683M-0.3% | 685M-12.9% | 786M-14.7% | |
| Intangible amortization | 206M-0.1% | 206M-0.4% | 207M-0.4% | 208M-4.5% | 218M-0.9% | |
| Share-based compensation | 35.0M-18.8% | 43.1M-4.0% | 44.9M+33.6% | 33.6M+4.7% | 32.1M+32.6% | |
| Deferred income taxes | -443M-476.9% | 118M+226.4% | 36.0M+232.4% | -27.2M-115.0% | 181M+70.3% | |
| Change in inventory | -65.2M-18.3% | -55.1M-153.9% | -21.7M-133.6% | 64.6M-55.1% | 144M+211.5% | |
| Other operating activities | -600K+99.2% | -77.1M | 0.00 | 0.00 | — | |
| -822M-26.9% | -648M+23.0% | -842M-34.7% | -625M-22.6% | -510M-23.3% | ||
| Capital expenditure | 717M+6.3% | 674M+0.4% | 672M+1.5% | 661M+26.6% | 523M-9.1% | |
| Free cash flow | 1.07B-13.6% | 1.24B-12.2% | 1.41B+67.4% | 841M-20.0% | 1.05B-6.2% | |
| Acquisitions | 22.3M+159.3% | 8.60M-86.5% | 63.7M | 0.00 | 0.00 | |
| Other investing activities | 99.0M+1070.6% | -10.2M-108.7% | 117M+2963.4% | -4.10M-130.8% | 13.3M+654.2% | |
| -1.06B+7.2% | -1.14B-16.0% | -981M-10.3% | -890M+24.1% | -1.17B-9.5% | ||
| Long-term debt issued | 0.00-100.0% | 864M+12238.6% | 7.00M+0.0% | 7.00M | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 648M+0.7% | 643M+212.6% | 206M+299.6% | 51.5M | 0.00 | |
| Dividends paid | 376M+1.9% | 369M+4.1% | 355M+7.7% | 329M+122.8% | 148M+18.0% | |
| Other financing activities | -19.8M+81.3% | -106M-357.6% | -23.1M-696.6% | -2.90M+87.8% | -23.8M+25.2% | |
| FX effect on cash | 21.7M+192.3% | -23.5M-280.8% | 13.0M+152.4% | -24.8M-2.9% | -24.1M-168.9% | |
| Net change in cash | -72.8M-172.5% | 100M-62.7% | 269M+819.0% | -37.4M+71.8% | -133M-153.8% | |
| Interest paid | 241M+11.4% | 216M-5.7% | 229M-4.6% | 240M-6.3% | 256M-5.8% | |
| Income taxes paid | 131M-42.1% | 227M-7.2% | 245M+219.6% | 76.6M-66.3% | 227M+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 | 10.2B-18.3% | 12.5B-5.0% | 13.2B+20.0% | 11.0B+11.3% | 9.86B+2.7% | |
| P/E | — | 11.1×-78.4% | 51.6×+132.9% | 22.1×+126.0% | 9.8× | |
| P/S | 0.9×-14.8% | 1.1×-5.7% | 1.1×+11.1% | 1.0×+7.0% | 1.0×-3.5% | |
| P/B | 1.0×+4.5% | 1.0×-3.9% | 1.0×+19.3% | 0.8×+13.3% | 0.7×-5.3% | |
| P/FCF | 9.6×-5.5% | 10.1×+4.8% | 9.6×-35.5% | 15.0×+59.4% | 9.4×+9.6% | |
| Earnings yield | — | 9.0%+363.2% | 1.9%-57.1% | 4.5%-55.7% | 10.2% | |
| FCF yield | 10.5%+5.8% | 9.9%-4.6% | 10.4%+55.0% | 6.7%-37.3% | 10.7%-8.7% | |
| Dividend yield | 4.0%+31.2% | 3.1%+14.6% | 2.7%-9.2% | 3.0%+101.1% | 1.5%+16.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
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.
