Molson Coors Beverage Company (TAP-A) Key Metrics
TAP-A valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $7.37B
- Enterprise value
- $12.42B
- P/E (TTM)
- —
- Forward P/E
- 7.6
- PEG ratio
- 4.16
- Price / sales
- 0.7
- Price / book
- 0.8
- EV / EBITDA
- 6.1
- Dividend yield
- 0.07% $1.92 a year
- Beta
- 0.43
TAP-A key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTAP-A returns How much profit the business earns on the capital it uses.
TAP-A financial health Debt, liquidity and how easily interest is covered.
TAP-A efficiency & capital use Working capital cycle and where the cash goes.
TAP-A returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TAP-A debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TAP-A cash returned to shareholders
TAP-A key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Share price at fiscal year-end | $46.50 | $57.26 | — | $77.00 | $58.00 | $62.70 | $65.32 | $61.83 | $83.99 | $97.94 |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −18.3% | 8.5% | 7.3% | −1.3% | 7.8% | −7.3% | 1.8% | 8.4% | 11.5% | 21.4% |
| Return on invested capital (ROIC) | −10.9% | 7.3% | 5.9% | 0.6% | 5.9% | −1.5% | 1.7% | 5.8% | 7.1% | 13.4% |
| Return on assets (ROA) | −8.8% | 4.3% | 3.6% | −0.7% | 3.7% | −3.4% | 0.8% | 3.7% | 4.7% | 9.5% |
| Return on tangible assets | −24.3% | 13.5% | 11.2% | −2.3% | 12.3% | −12.4% | 3.2% | 13.8% | 18.7% | 28.0% |
| Free cash flow margin | 9.6% | 10.6% | 12.0% | 7.9% | 10.2% | 11.6% | 12.3% | 15.6% | 11.5% | 16.1% |
| Income quality (OCF / net income) | — | 1.70 | 2.19 | — | 1.56 | — | 7.85 | 2.09 | 1.32 | 0.57 |
| Financial health | ||||||||||
| Total debt | $6.30B | $6.19B | $6.27B | $6.61B | $7.21B | $8.28B | $9.08B | $10.49B | $11.31B | $12.07B |
| Cash & short-term investments | $896.5M | $969.3M | $868.9M | $600.0M | $637.4M | $770.1M | $523.4M | $1.06B | $418.6M | $560.9M |
| Net debt | $5.40B | $5.22B | $5.40B | $6.01B | $6.57B | $7.51B | $8.56B | $9.43B | $10.89B | $11.51B |
| Debt / equity | 0.62 | 0.47 | 0.48 | 0.52 | 0.54 | 0.67 | 0.68 | 0.78 | 0.86 | 1.06 |
| Debt / assets | 0.28 | 0.24 | 0.24 | 0.26 | 0.26 | 0.30 | 0.31 | 0.35 | 0.37 | 0.41 |
| Net debt / EBITDA | — | 2.05 | 2.49 | 6.88 | 2.87 | 13.58 | 5.29 | 3.74 | 4.28 | 3.10 |
| Current ratio | 0.55 | 0.94 | 0.70 | 0.78 | 0.77 | 0.62 | 0.59 | 0.64 | 0.64 | 0.69 |
| Quick ratio | 0.42 | 0.70 | 0.50 | 0.55 | 0.54 | 0.45 | 0.42 | 0.51 | 0.47 | 0.50 |
| Interest coverage | -10.4 | 6.3 | 6.3 | 0.7 | 5.6 | -1.4 | 2.5 | 5.2 | 4.9 | 11.3 |
| Working capital | −$2.38B | −$196.8M | −$1.24B | −$737.4M | −$843.5M | −$1.49B | −$1.51B | −$1.53B | −$1.21B | −$987.9M |
| Invested capital | $15.63B | $18.32B | $18.60B | $18.70B | $19.99B | $19.87B | $21.98B | $22.94B | $24.12B | $22.93B |
| Tangible asset value | −$3.39B | −$4.32B | −$4.50B | −$5.18B | −$5.78B | −$7.09B | −$7.61B | −$8.30B | −$9.27B | −$10.66B |
| Net current asset value | −$9.26B | −$9.76B | −$10.09B | −$10.32B | −$11.18B | −$12.29B | −$13.00B | −$13.61B | −$14.62B | −$15.55B |
| Capital allocation | ||||||||||
| Dividends paid | $376.3M | $369.2M | $354.7M | $329.3M | $147.8M | $125.3M | $424.4M | $354.2M | $353.4M | $352.9M |
| Share buybacks (net) | $647.9M | $643.4M | $205.8M | $51.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | 32.9% | 37.4% | — | 14.7% | — | 175.6% | 31.7% | 25.0% | 17.9% |
| Dividends + buybacks / free cash flow | 95.9% | 81.9% | 39.8% | 45.3% | 14.1% | 11.2% | 32.6% | 21.1% | 27.9% | 44.9% |
| Capex / revenue | 6.4% | 5.8% | 5.7% | 6.2% | 5.1% | 6.0% | 5.6% | 6.1% | 5.4% | 7.0% |
| Capex / operating cash flow | 40.2% | 35.3% | 32.3% | 44.0% | 33.2% | 33.9% | 31.3% | 28.0% | 32.1% | 30.3% |
| Capex / depreciation | 0.99 | 0.89 | 0.98 | 0.97 | 0.66 | 0.62 | 0.69 | 0.76 | 0.74 | 0.88 |
| Stock-based compensation / revenue | 0.3% | 0.4% | 0.4% | 0.3% | 0.3% | 0.3% | 0.1% | 0.4% | 0.5% | 0.6% |
| SG&A / revenue | 23.7% | 21.6% | 23.8% | 24.5% | 24.8% | 34.6% | 25.8% | 26.0% | 27.7% | 32.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 28.4 | 27.0 | 27.2 | 29.8 | 27.8 | 28.5 | 29.2 | 30.0 | 28.3 | 49.7 |
| Days of inventory on hand | 37.9 | 39.4 | 39.7 | 41.4 | 43.1 | 39.7 | 34.6 | 32.8 | 34.7 | 48.0 |
| Days payables outstanding | 97.0 | 99.2 | 100.8 | 107.9 | 112.3 | 106.0 | 94.5 | 88.3 | 83.9 | 113.0 |
| Cash conversion cycle (days) | -30.8 | -32.8 | -33.8 | -36.8 | -41.4 | -37.8 | -30.8 | -25.4 | -20.9 | -15.2 |
| Receivables turnover | 12.86 | 13.50 | 13.41 | 12.26 | 13.12 | 12.81 | 12.51 | 12.15 | 12.89 | 7.34 |
| Payables turnover | 3.76 | 3.68 | 3.62 | 3.38 | 3.25 | 3.44 | 3.86 | 4.13 | 4.35 | 3.23 |
| Inventory turnover | 9.63 | 9.27 | 9.19 | 8.82 | 8.48 | 9.19 | 10.56 | 11.13 | 10.53 | 7.60 |
| Asset turnover | 0.46 | 0.44 | 0.45 | 0.40 | 0.37 | 0.34 | 0.36 | 0.36 | 0.37 | 0.23 |
| Average receivables | $866.6M | $861.1M | $872.8M | $872.8M | $783.2M | $753.7M | $845.6M | $886.5M | $853.6M | $665.6M |
| Average payables | $1.85B | $1.93B | $2.02B | $2.08B | $1.92B | $1.71B | $1.65B | $1.59B | $1.43B | $928.6M |
| Average inventory | $721.9M | $765.0M | $797.6M | $798.8M | $734.5M | $640.1M | $603.9M | $591.6M | $592.1M | $394.7M |
| Intangibles / total assets | 61.3% | 68.2% | 68.0% | 69.9% | 70.4% | 72.1% | 73.8% | 73.2% | 75.1% | 75.9% |
Computed from TAP-A's annual financial statements (latest annual report filed February 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TAP-A valuation and financial ratios
Molson Coors Beverage earned a return on equity of −18.3% and a return on invested capital of −10.9% in fiscal 2025. It ended the year with $6.3 billion of debt and $896.5 million in cash and short-term investments, net debt of $5.4 billion. It returned $1.0 billion to shareholders: $376.3 million in dividends and $647.9 million in share buybacks, 96% of free cash flow.
See the TAP-A income statement, the TAP-A chart for price history, or the TAP-A stock overview for the latest quote and news.
TAP-A key metrics FAQ
What is Molson Coors Beverage's return on equity?
Molson Coors Beverage's return on equity (ROE) was −18.3% in fiscal 2025: net income of -$2.1 billion on average shareholders' equity of $11.7 billion.
What is Molson Coors Beverage's ROIC?
Molson Coors Beverage's return on invested capital was −10.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Molson Coors Beverage have?
Molson Coors Beverage had total debt of $6.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.62.
Does Molson Coors Beverage buy back its shares?
Yes. Molson Coors Beverage spent $647.9 million on net share repurchases in fiscal 2025.
What is Molson Coors Beverage's current ratio?
Molson Coors Beverage's current ratio was 0.55 at the end of fiscal 2025: current assets were 0.55 times current liabilities.