OakChart

Molson Coors Beverage Company

TAPConsumer Defensive·Beverages - Brewers·USA·Mid·NYSE·Nov 11 • 1:13 PM ET

39.06-0.92 (-2.30%)
2026-11-11 19:13 CET
Market cap
7,063.71 USD m
Revenue, TTM
11,036.50 USD m
Net income, TTM
892.80 USD m
Free cash flow, TTM
1,169.20 USD m
EPS diluted, TTM
4.70
P/E
8.30
Compare

Price

TAP against its 20, 50 and 200-day averages
2050200missearnings
35.0040.0045.0025.0M49.9MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26TAPclose 39.0620-day 40.4150-day 38.91200-day 42.0839.0652w low

28.8% under the 52-week high of 54.82 on 12 Feb 2026. 52-week low 35.52 on 28 Sep 2026. Last 15 sessions, 15.1% high to low

Profile

TAP
52-week range, 18% of the way up
35.5254.82

Molson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the Americas and EMEA and APAC geographical segments. The Americas segment imports, markets, distributes, and sells owned brands and partner brands and licensed brands in the U.S., Canada and various countries in Latin America. The EMEA and APAC segment consists of the production, marketing, and sales of primary brands as well as other owned and licensed brands in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries and certain countries within the Middle East, Africa and Asia Pacific regions. The company was founded in 1786 and is headquartered in Golden, CO.

IndexRUI
Employees16200
IPOJun 12, 1975
Beta0.45
ATR, 14d1.43
Rel volume0.62
Short float14.58%
Insider own15.23%
Inst own104.71%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap7.30B
Enterprise Value13.17B
Income892.80M
Sales11.04B
Book/sh58.23
Cash/sh3.22
Dividend Est.1.92 (4.93%)
Dividend TTM1.91 (4.89%)
Dividend Ex-DateAug 28, 2026
Dividend Gr. 3/5Y7.34% 26.96%
Payout-
Employees16200
IPOJun 12, 1975

Ratios

P/E8.30
Forward P/E8.90
PEG-
P/S0.66
P/B0.67
P/C12.12
P/FCF6.24
EV/EBITDA6.65
EV/Sales1.19
Quick Ratio0.60
Current Ratio0.86
Debt/Eq0.60
LT Debt/Eq0.57
Option/ShortYes / Yes

Earnings

EPS (ttm)4.70
EPS next Y4.39
EPS next Q0.78
EPS this Y-17.48%
EPS next Y-1.87%
EPS next 5Y-4.19%
EPS past 3/5Y-136.91% -19.68%
Sales past 3/5Y1.35% 2.91%
EPS Y/Y TTM144.23%
Sales Y/Y TTM-1.58%
EPS Q/Q109.82%
Sales Q/Q-1.58%
EarningsNov 05 BMO
EPS/Sales Surpr.1.05% -0.31%

Ownership

Insider Own15.23%
Insider Trans-0.00%
Inst Own104.71%
Inst Trans14.36%
ROA3.93%
ROE8.68%
ROIC5.56%
Gross Margin32.57%
Oper. Margin11.23%
Profit Margin8.09%
SMA20-3.34%
SMA500.39%
SMA200-7.19%
Trades-

Technical

Shs Outstand173.40M
Shs Float149.77M
Short Float14.58%
Short Ratio5.68
Short Interest21.83M
52W High54.82 -28.75%
52W Low35.52 9.96%
Volatility3.54% 2.76%
ATR (14)1.43
RSI (14)45.96
Beta0.45
Rel Volume0.62
Avg Volume3.85M
Volume1,406,936

Performance

Perf Week-9.46%
Perf Month1.40%
Perf Quarter-7.27%
Perf Half Y-5.70%
Perf YTD-16.33%
Perf Year-17.18%
Perf 3Y-33.77%
Perf 5Y-17.49%
Perf 10Y-60.57%
Recom3.04
Target Price42.35
Prev Close39.98
Price39.06
Change %-2.30%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 09, 2026DowngradeJJP MorganNeutral → Underweight$41 → $37-5.3%
Feb 25, 2026DowngradeBBofA SecuritiesNeutral → Underperform$42+7.5%
Jan 16, 2026DowngradeBBNP Paribas ExaneNeutral → Underperform$40+2.4%
Nov 19, 2025DowngradeWWells FargoOverweight → Equal Weight$50+28.0%
Nov 07, 2025ResumedJJP MorganNeutral$49+25.5%
Sep 12, 2025DowngradeBBarclaysEqual Weight → Underweight$50+28.0%
Jun 27, 2025DowngradeBBofA SecuritiesBuy → Neutral$50+28.0%
Apr 02, 2025InitiatedBBerenbergBuy$86.90+122.5%
Mar 13, 2025UpgradeBBarclaysUnderweight → Equal Weight$56 → $62+58.7%
Feb 05, 2025UpgradeCCitigroupSell → Neutral$47 → $57+45.9%

Peers

Mkt cap
TickerCompanyMkt cap
STZConstellation Brands Inc24.21B
BUDAnheuser-Busch InBev SA/NV ADR146.60B
SAMBoston Beer Co Inc2.21B
ABEVAmbev SA ADR43.32B
CCUCompania Cervecerias Unidas SA ADR2.01B
FMXFomento Economico Mexicano SAB de CV ADR26.61B
DEODiageo plc ADR55.46B
BF-BBrown-Forman Corp13.85B
KOCoca-Cola Co416.34B
MNSTMonster Beverage Corp88.71B

Insider trading

7 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Molson Geoffrey E.DirectorMay 21 '26Sale42.501,24552,9129,871May 22 07:04 PM
Geoffrey MolsonDirectorMay 21 '26Proposed Sale42.471,24552,874May 21 04:37 PM
Molson Andrew ThomasDirectorMar 09 '26Buy46.672,00093,33824,654Mar 10 05:10 PM
Gavin HattersleyFormer OfficerMar 03 '26Proposed Sale48.3767,3773,259,053Mar 03 05:20 PM
Winnefeld James A JrDirectorFeb 20 '26Buy49.011004,90122,288Feb 20 04:31 PM
Cocks Christian PDirectorNov 26 '25Buy47.19452,1234,634Feb 06 07:20 PM
Michelle St. JacquesFormer OfficerDec 03 '25Proposed Sale46.6010,000466,000Dec 03 04:28 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.06B
IJSiShares S&P Small-Cap 600 Value ETFAUM: 7.74B
DFASU.S. Small Cap Portfolio-ETF Class Shares-

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-051.4601.4451.4502,9272,93615
2026Q22026-08-061.5801.5121.2343,0973,08317
2026Q12026-04-300.6200.3630.7992,3512,32716
2025Q42026-02-181.2101.1531.2182,6622,70916
2025Q32025-11-041.6701.695-14.7932,9743,01516
2025Q22025-08-052.0501.8192.1313,2013,08816
2025Q12025-05-080.5000.7830.5932,3042,39416
2024Q42025-02-131.3001.1291.3942,7362,70517
2024Q32024-11-071.8001.6680.9613,0433,13215
2024Q22024-08-061.9201.6952.0263,2523,18116
2024Q12024-04-300.9500.7370.9702,5962,50116
2023Q42024-02-131.1901.1190.4772,7912,78116
2023Q32023-11-021.9201.5561.9793,2983,24215
2023Q22023-08-011.7801.6391.5723,2673,28815
2023Q12023-05-020.5400.2580.3342,3462,22716
2022Q42023-02-211.3001.072-2.7262,6302,64417

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY4.5404.2861.11410,57910,565
2020FY3.9204.146-4.3779,6549,779
2021FY4.1504.1634.62210,28010,196
2022FY4.1003.887-0.80810,70110,731
2023FY5.4305.3544.36711,70211,694
2024FY5.9605.7955.34711,62711,592
2025FY5.4205.376-10.75011,14111,183
2026FY-4.473--10,983
2027FY-4.389--10,937
2028FY-4.766--10,940
2029FY-5.808--11,025
2030FY-6.160--11,200

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06130122,6022,5592,653
2026Q4S2026-11-0512082,6212,5592,687
2026Q4S2026-11-0412032,6582,6062,688
2026Q4S2026-10-2312032,6582,6062,688
2026Q4S2026-10-2112032,6582,6062,688
2026Q4S2026-10-2012052,6582,6062,688
2026Q4S2026-10-1212162,6612,6062,688
2026Q4S2026-10-0912172,6612,6062,688
2026Q4S2026-10-0212162,6632,6062,688
2026Q4S2026-09-2012142,6682,6152,707
2026Q4S2026-09-1712152,6682,6152,707
2026Q4S2026-09-1112152,6692,6252,707
2026Q4S2026-09-1012152,6692,6252,707
2026Q4S2026-08-1012152,6692,6252,707

Estimate history

EPS, annual7.2315.1551.114-4.3774.622-0.8084.3675.347-10.7464.7044
Period201720182019202020212022202320242025TTM
EPS, quarterly0.9611.3940.5932.131-14.7931.2180.7991.2341.453
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual11002.810769.610579.4965410279.71070111702.11162711140.811036.5
Period201720182019202020212022202320242025TTM
Sales, quarterly3042.72735.62304.13200.82973.52662.42351.13096.52926.5
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual215.4216.1216.3216.7217216.3213.3203.2181176
Period201720182019202020212022202320242025MRQ
Shares, quarterly206.5203.2202.6188.4187.9181178177.1176
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue11,036.5011,140.8011,627.0011,702.1010,701.0010,279.709,654.0010,579.4010,769.60
Cost of Goods Sold Incl. D&A7,441.607,174.007,296.607,483.807,298.306,844.206,138.806,575.706,698.20
Gross Profit3,594.903,966.804,330.404,218.303,402.703,435.503,515.204,003.704,071.40
Selling, General and Administrative Excl. Other2,355.902,437.802,511.102,572.602,410.702,336.502,217.002,506.802,578.60
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,239.001,529.001,819.301,645.70992.001,099.001,298.201,496.901,492.80
Interest Expense235.50245.50279.30228.80236.30261.60285.90301.40313.90
Unusual Expense-62.003,886.40118.70232.80862.50-364.701,699.90729.90-126.10
Net Income Before Taxes1,086.30-2,518.001,503.001,252.50-62.501,239.00-643.90479.901,359.80
Income Taxes240.10-337.80345.30296.10124.00230.50301.80233.70225.20
Consolidated Net Income846.20-2,180.201,157.70956.40-186.501,008.50-945.70246.201,134.60
Net Income From Continuing Operations892.80-2,139.601,122.40948.90-175.301,005.70-949.00241.701,116.50
Net Income892.80-2,139.601,122.40948.90-175.301,005.70-949.00241.701,116.50
EPS (Recurring)4.552.925.745.121.983.451.113.474.75
EPS (Basic, Before Extraordinaries)4.71-10.755.384.39-0.814.63-4.381.125.17
EPS (Diluted)4.70-10.755.354.37-0.814.62-4.381.115.15
EBITDA1,981.202,240.302,578.702,328.501,676.801,885.102,220.202,355.902,350.30
Non-Operating Income (Expense)20.8084.9081.7068.4044.3036.9043.7014.3054.80
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense26.8629.8034.6037.1027.7026.6017.676.9035.70
Price To Earnings Ratio8.508.5012.9352.8222.6510.03-48.5010.90
Price To Sales Ratio0.620.831.031.141.040.981.011.111.13
Gross Margin32.5735.6137.2436.0531.8033.4236.4137.8437.80
Operating Margin11.2313.7215.6514.069.2710.6913.4514.1513.86
Net Margin8.09-19.219.658.11-1.649.78-9.832.2810.37
Shares Outstanding176.00181.00203.20213.30216.30217.00216.70216.30216.10
Market Capitalization7,063.717,063.7111,808.6713,206.4211,154.4410,055.549,790.8211,659.1112,119.61

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue2,926.503,096.502,351.102,662.402,973.503,200.802,304.102,735.60
Cost of Goods Sold Incl. D&A1,980.802,063.101,615.401,782.301,881.201,983.001,527.501,753.60
Gross Profit945.701,033.40735.70880.101,092.301,217.80776.60982.00
Selling, General and Administrative Excl. Other581.10656.90558.10559.80634.60641.30602.10598.60
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income364.60376.50177.60320.30457.70576.50174.50383.40
Interest Expense60.2061.5057.6056.2055.3057.7055.7053.70
Unusual Expense-22.1039.60-78.10-1.403,892.60-2.80-1.1081.90
Net Income Before Taxes342.20283.10194.70266.30-3,495.50554.90156.30346.30
Income Taxes77.0061.5044.6057.00-558.60130.6033.2052.60
Consolidated Net Income265.20221.60150.10209.30-2,936.90424.30123.10293.70
Net Income From Continuing Operations271.50231.70151.30238.30-2,927.60428.70121.00287.80
Net Income271.50231.70151.30238.30-2,927.60428.70121.00287.80
EPS (Recurring)1.371.380.511.21-1.022.120.591.67
EPS (Basic, Before Extraordinaries)1.461.240.801.22-14.792.140.601.40
EPS (Diluted)1.451.230.801.22-14.792.130.591.39
EBITDA548.00568.50363.30501.40637.50746.60354.80630.70
Non-Operating Income (Expense)15.707.70-3.400.80-5.3033.3036.4098.50
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense7.276.956.486.166.565.539.406.71
Price To Earnings Ratio8.50---8.919.6711.3812.93
Price To Sales Ratio0.620.660.730.820.800.861.101.02
Gross Margin32.3233.3731.2933.0636.7338.0533.7135.90
Operating Margin12.4612.167.5512.0315.3918.017.5714.02
Net Margin9.287.486.448.95-98.4613.395.2510.52
Shares Outstanding176.00177.10178.00181.00187.90188.40202.60203.20
Market Capitalization7,063.716,926.238,092.228,769.358,504.789,252.5612,332.6311,808.67

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments896.50969.30868.90600.00637.40770.10523.401,057.90418.60
Short Term Receivables890.30842.90879.40866.20879.40687.10820.30871.00902.00
Inventories715.90727.80802.30792.90804.70664.30615.90591.80591.50
Other Current Assets432.80308.40297.90378.90457.20297.30224.80245.60277.60
Total Current Assets2,935.502,848.402,848.502,638.002,778.702,418.802,184.402,766.302,189.70
Net Property, Plant & Equipment4,962.704,649.404,645.204,355.504,311.504,386.504,701.004,608.304,673.70
Total Investments and Advances258.70209.6048.2049.0077.7045.7013.3071.4063.70
Intangible Assets13,978.0017,817.4017,939.9018,092.0019,439.4019,707.1021,287.4022,037.2022,702.00
Deferred Tax Assets19.9038.60-------
Other Assets583.60500.90893.30733.801,011.70773.00673.70626.60617.80
Total Assets22,738.4026,064.3026,375.1025,868.3027,619.0027,331.1028,859.8030,109.8030,246.90
Short Term Debt Incl. Current Port. of LT Debt2,486.9078.90958.70441.80560.301,067.20974.801,594.50714.80
Accounts Payable1,822.801,875.002,149.802,068.202,098.101,732.701,493.201,580.701,516.90
Other Current Liabilities1,001.101,091.30984.10865.40963.801,109.701,227.501,125.701,167.60
Total Current Liabilities5,310.803,045.204,092.603,375.403,622.203,909.603,695.504,300.903,399.30
Long Term Debt4,025.506,275.405,476.006,264.506,735.007,314.608,229.008,893.8010,598.70
Provision for Risks Charges427.10416.70465.80473.30654.40763.20716.60726.60848.50
Deferred Tax Liabilities2,284.702,733.402,697.202,646.402,704.602,381.602,258.602,128.901,896.30
Other Liabilities147.60140.90208.40193.50238.70340.80287.00323.80316.80
Total Liabilities12,195.7012,611.6012,940.0012,953.1013,954.9014,709.8015,186.7016,374.0017,059.60
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity10,230.3013,092.4013,196.0012,689.7013,417.1012,365.0013,419.4013,507.4012,978.40
Total Shareholders Equity10,230.3013,092.4013,196.0012,689.7013,417.1012,365.0013,419.4013,507.4012,978.40
Accumulated Minority Interest312.40360.30239.10225.50247.00256.30253.70228.40208.90
Total Equity10,542.7013,452.7013,435.1012,915.2013,664.1012,621.3013,673.1013,735.8013,187.30
Total Liabilities & Stockholders Equity22,738.4026,064.3026,375.1025,868.3027,619.0027,331.1028,859.8030,109.8030,246.90
Book Value Per Share56.5264.4361.8758.6761.8357.0662.0462.5160.25
Tangible Book Value Per Share-20.71-23.25-22.24-24.98-27.75-33.88-36.38-39.47-45.14
Full-Time Employees16,20016,80016,50016,60016,30017,00017,70017,75017,200
Price to Book Ratio0.690.891.000.850.750.790.870.901.42
Return on Assets-8.774.283.63-0.663.66-3.380.823.705.25
Return on Equity-18.358.547.33-1.347.80-7.361.808.3512.83
Return on Invested Capital-15.015.805.08-0.924.99-4.821.124.986.64
Quick Ratio0.420.700.500.550.540.450.420.510.47
Current Ratio0.550.940.700.780.770.620.590.640.64

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income846.20-2,180.201,157.70956.40-186.501,008.50-945.70246.201,134.60
Depreciation742.20711.30759.40682.80684.80786.10922.00859.00857.50
Other Funds (Non Cash)200.603,400.00171.30359.401,186.90-185.001,643.30804.60426.70
Funds from Operations1,789.001,931.102,088.401,998.601,685.201,609.601,619.601,909.802,418.80
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital32.10-146.70-178.1080.40-183.20-36.1076.10-12.50-88.00
Cash from Operating Activities1,821.101,784.401,910.302,079.001,502.001,573.501,695.701,897.302,330.80
Capital Expenditures-651.90-716.60-674.10-671.50-661.40-522.60-574.80-593.80-651.70
Net Assets From Acquisitions-271.40-22.30-8.60-63.700.000.000.000.000.00
Sale of Fixed Assets and Businesses23.2015.8024.5010.9032.2026.00158.80115.9032.50
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-18.00-99.000.00-117.400.00-13.300.000.00-49.90
Other Sources0.000.0010.200.004.100.002.4044.600.00
Cash from Investing Activities-918.10-822.10-648.00-841.70-625.10-509.90-413.60-433.30-669.10
Cash Dividends Paid-363.70-376.30-369.20-354.70-329.30-147.80-125.30-424.40-354.20
Change in Capital Stock-570.00-647.90-643.40-197.90-48.404.604.101.6016.00
Repurchase of Common Pref Stock-570.00-647.90-643.40-205.80-51.500.000.000.000.00
Sale of Common Pref Stock0.000.000.007.903.104.604.101.6016.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-243.80-12.80-20.10-397.80-505.80-1,005.20-917.40-1,587.90-694.10
Change in Long Term Debt-540.00-12.80-20.10-397.80-502.10-1,006.60-917.40-1,583.20-319.80
Issuance of Long Term Debt1,848.600.00863.707.007.000.001.503.000.00
Reduction of Long Term Debt-2,388.60-12.80-883.80-404.80-509.10-1,006.60-918.90-1,586.20-319.80
Net Financing Active Other Cash Flow-55.10-19.80-105.70-31.00-6.00-23.80-31.803.7023.90
Other Financing Activities Uses-55.10-19.80-105.70-31.00-6.00-23.80-31.800.000.00
Cash from Financing Activities-1,232.60-1,056.80-1,138.40-981.40-889.50-1,172.20-1,070.40-2,007.00-1,008.40
Exchange Rate Effect-18.4021.70-23.5013.00-24.80-24.1035.008.50-14.00
Net Change in Cash-348.00-72.80100.40268.90-37.40-132.70246.70-534.50639.30
Free Cash Flow1,169.201,067.801,236.201,407.50840.601,050.901,120.901,303.501,679.10
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow8.4613.4413.8812.6321.8611.179.8413.309.18
Deferred Taxes & Investment Tax Credit-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments602.202,128.10382.60896.50950.20613.80
Short Term Receivables959.001,177.80971.90890.30993.801,155.40
Inventories847.30849.10812.80715.90820.60902.00
Other Current Assets436.30428.50576.50432.80465.80404.90
Total Current Assets2,844.804,583.502,743.802,935.503,230.403,076.10
Net Property, Plant & Equipment4,874.904,865.704,895.704,962.704,823.604,830.20
Total Investments and Advances282.50267.00254.10258.70242.20319.20
Intangible Assets13,920.8013,984.4013,825.7013,978.0013,958.5017,986.40
Deferred Tax Assets---19.90--
Other Assets678.20658.40648.60583.60618.70614.80
Total Assets22,601.2024,359.0022,367.9022,738.4022,873.4026,826.70
Short Term Debt Incl. Current Port. of LT Debt379.802,088.502,477.402,486.902,461.70117.90
Accounts Payable2,746.502,925.902,490.701,822.802,693.302,912.50
Other Current Liabilities197.30197.70155.901,001.10189.80210.20
Total Current Liabilities3,323.605,212.105,124.005,310.805,344.803,240.60
Long Term Debt5,815.305,825.204,007.904,025.504,048.106,421.30
Provision for Risks Charges405.70411.20419.90427.10409.50415.10
Deferred Tax Liabilities2,397.802,358.502,309.402,284.702,242.902,794.20
Other Liabilities133.40143.30141.40147.60159.30158.80
Total Liabilities12,075.8013,950.3012,002.6012,195.7012,204.6013,030.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity10,248.9010,119.5010,055.8010,230.3010,325.1013,440.70
Total Shareholders Equity10,248.9010,119.5010,055.8010,230.3010,325.1013,440.70
Accumulated Minority Interest276.50289.20309.50312.40343.70356.00
Total Equity10,525.4010,408.7010,365.3010,542.7010,668.8013,796.70
Total Liabilities & Stockholders Equity22,601.2024,359.0022,367.9022,738.4022,873.4026,826.70
Book Value Per Share58.2357.1456.4956.5254.9571.34
Tangible Book Value Per Share-20.86-21.82-21.18-20.71-19.34-24.13
Full-Time Employees---16,200--
Price to Book Ratio0.690.690.760.850.630.74
Return on Assets3.93-9.01-8.73-8.77-8.443.83
Return on Equity8.68-19.58-18.23-18.35-17.667.79
Return on Invested Capital1.691.451.081.67-20.372.16
Quick Ratio0.600.720.380.420.450.67
Current Ratio0.860.880.540.550.600.95

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income265.20221.60150.10209.30-2,936.90424.30
Depreciation183.40192.00185.70181.10179.80170.10
Other Funds (Non Cash)61.50131.00-51.4059.503,324.2055.60
Funds from Operations510.10544.60284.40449.90567.10650.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-50.10273.30-281.9090.8049.0068.30
Cash from Operating Activities460.00817.902.50540.70616.10718.30
Capital Expenditures-133.80-103.50-231.70-182.90-133.10-163.30
Net Assets From Acquisitions-0.40-271.000.000.00-1.500.00
Sale of Fixed Assets and Businesses6.106.301.109.701.702.10
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-3.60-0.600.00-13.80-2.502.80
Other Sources0.00-0.500.500.000.000.00
Cash from Investing Activities-131.70-369.30-230.10-187.00-135.40-158.40
Cash Dividends Paid-89.40-90.10-93.60-90.60-93.00-93.50
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-43.90-42.50-168.50-315.10-26.00-247.20
Repurchase of Common Pref Stock-43.90-42.50-168.50-315.10-26.00-247.20
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1,706.501,492.60-26.70-3.20-3.80-2.70
Change in Long Term Debt-2,002.701,492.60-26.70-3.20-3.80-2.70
Issuance of Long Term Debt0.001,848.600.000.000.000.00
Reduction of Long Term Debt-2,002.70-356.00-26.70-3.20-3.80-2.70
Net Financing Active Other Cash Flow-9.50-50.906.60-1.30-17.60-31.60
Other Financing Activities Uses-9.50-44.300.00-1.30-17.60-0.90
Cash from Financing Activities-1,849.301,309.10-282.20-410.20-140.40-375.00
Exchange Rate Effect-4.90-12.20-4.102.80-3.9016.20
Net Change in Cash-1,525.901,745.50-513.90-53.70336.40201.10
Free Cash Flow326.20714.40-229.20357.80483.00555.00
Price to Free Cash Flow8.467.6310.2513.2112.4716.47

Revenue breakdown

Malt Beverages2024: 11.63B 2025: 11.14B
Canada2024: 1.28B 2025: 1.24B
Other countries2024: 1.15B 2025: 1.11B
United Kingdom2024: 1.37B 2025: 1.44B
United States2024: 7.82B 2025: 7.35B
Americas2024: 9.24B 2025: 8.71B
Consolidation, Policy2024: -24.30M 2025: -27.70M
EMEA2024: 2.41B 2025: 2.46B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3014.58%21.8M149.8M3.72M
2026-10-1514.93%22.4M149.8M3.74M
2026-09-3015.32%22.9M149.8M3.75M
2026-09-1519.96%29.9M149.8M3.04M
2026-08-3119.73%29.5M149.8M3.08M
2026-08-1418.04%27.0M149.8M3.15M
2026-07-3118.39%28.1M152.6M3.29M
2026-07-1518.49%28.2M152.6M3.36M
2026-06-3018.37%27.7M150.7M3.26M
2026-06-1517.91%27.0M150.7M3.16M
2026-05-2916.70%25.2M150.7M3.10M
2026-05-1514.26%21.5M150.7M3.22M
2026-04-3012.53%18.8M150.0M3.16M
2026-04-1511.45%17.2M150.3M3.06M
2026-03-3111.71%17.6M150.4M3.09M
2026-03-1312.12%18.2M150.4M3.05M
2026-02-2712.16%18.3M150.4M3.11M
2026-02-1312.92%19.4M150.4M3.26M
2026-01-3012.63%20.0M158.8M3.38M
2026-01-1511.05%17.5M158.8M3.22M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call22.5015.9016.900.002.4250.000.000.986-0.0160.002
call25.0013.4014.400.002.0330.000.000.983-0.0160.002
call27.5010.9011.900.001.7070.000.000.980-0.0150.003
call30.008.409.500.001.4620.000.000.975-0.0150.003
call32.505.906.800.000.9370.000.000.967-0.0140.004
call35.003.504.304.100.6421842.000.953-0.0130.006
call37.501.502.051.500.4671981.000.744-0.0440.020
call40.000.400.550.450.3641,07627.000.352-0.0480.023
call42.500.050.150.100.4421,34218.000.125-0.0320.013
call45.000.000.200.030.6427760.000.086-0.0340.010
call47.500.000.200.050.8172120.000.071-0.0380.008
call50.000.000.050.010.91616.000.000.078-0.0450.010
call55.000.000.050.000.9390.000.000.023-0.0170.004
call60.000.000.050.001.1470.000.000.019-0.0180.003
put22.500.000.250.001.6730.000.00-0.013-0.0190.002
put25.000.000.350.051.3845.000.00-0.015-0.0180.002
put27.500.000.350.171.1202.000.00-0.019-0.0180.003
put30.000.000.350.050.8781140.00-0.024-0.0170.003
put32.500.000.350.050.6466710.00-0.031-0.0160.004
put35.000.000.050.100.4984550.00-0.112-0.0330.012
put37.500.200.350.250.38443821.00-0.258-0.0450.020
put40.001.251.551.430.40522012.00-0.646-0.0490.023
put42.503.304.002.330.69188.000.00-0.874-0.0320.013
put45.005.706.808.611.1090.000.00-0.912-0.0350.010
put47.508.109.200.001.3000.000.00-0.928-0.0380.008
put50.0010.6011.600.001.4120.000.00-0.971-0.0170.004
put55.0015.6016.700.001.8360.000.00-0.977-0.0180.003
put60.0020.6021.600.002.0480.000.00-0.980-0.0180.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-10-30SCHEDULE 13G/ASEC
2026-10-30SCHEDULE 13G/ASEC
2026-10-05SCHEDULE 13G/ASEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-08-13SCHEDULE 13GSEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-07-14SCHEDULE 13GSEC
2026-07-103Initial statement of beneficial ownership of securities2026-06-30SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-06-248-KCurrent report2026-06-24SEC
2026-05-278-KCurrent report2026-05-27SEC
2026-05-228-KCurrent report2026-05-20SEC
2026-05-22424B5SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-21144Filing for proposed sale of securities under Rule 144.SEC
2026-05-20424B5SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-084Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-088-KCurrent report2026-05-06SEC
2026-05-084Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-084Statement of changes in beneficial ownership of securities2026-05-06SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050052.91K1
2026-040000
2026-0393.34K100
2026-024.90K100
2026-010000
2025-120000
2025-11452.87K300

Institutional holders

Manager% owned
DODGE & COX10.72%
BlackRock, Inc.6.83%
AQR CAPITAL MANAGEMENT LLC6.25%
VANGUARD PORTFOLIO MANAGEMENT LLC5.97%
VANGUARD CAPITAL MANAGEMENT LLC5.83%
DIMENSIONAL FUND ADVISORS LP5.46%
STATE STREET CORP4.71%
Invesco Ltd.3.55%
LSV ASSET MANAGEMENT3.23%
GOLDMAN SACHS GROUP INC2.21%

Funds

Fund% owned
JPMorgan Ultra-Short Income ETF91.90%
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund41.27%
Fidelity Investment Grade Bond Central Fund27.19%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND24.26%
Invesco BulletShares 2026 Corporate Bond ETF18.59%
Dodge & Cox Global Bond Fund14.91%
VANGUARD TOTAL BOND MARKET II INDEX FUND11.74%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND10.60%
iShares iBonds Dec 2026 Term Corporate ETF10.54%
iShares iBoxx $ Investment Grade Corporate Bond ETF9.38%

OakChart. TAP. Cached 15 minutes.