TAP
Molson Coors Beverage margins
- Stocks
- Consumer Defensive
- NYSE: TAP
- Margins
Molson Coors Beverage shows its operating margin is negative at -22.8%, its EBITDA margin is negative at -15.3%, and its net margin is negative at -20.8%, with a gross margin of 37%, an operating margin of -22.8%, an EBITDA margin of -15.3%, and a net margin of -20.8%. The company's available margins all deteriorated, with EBITDA margin reporting the strongest contraction of 37 percentage points.
TAP margin history
Looking back over the last 3 years, Molson Coors Beverage recorded average margins of 38.45% gross, 1.09% operating, 8.05% EBITDA, and -1.32% net. Compared with their three-year averages, all four current margins are lower.
TAP margin expansion
Molson Coors Beverage's gross margin contracted by 1.8 percentage points, operating margin by 36.9 percentage points, EBITDA margin by 37 percentage points, and net margin by 30 percentage points, led by EBITDA margin with a decline of 37 percentage points.
TAP Gross margin
Across the last 3 years, Molson Coors Beverage's gross margin averaged 38.45%. The current gross margin stands at 37%, 1.5 percentage points below its three-year average. Gross margin was highest at 39.1% in Jun 2024 and lowest at 37% in Jun 2026.
TAP Operating margin
Molson Coors Beverage's operating margin averaged 1.09% over the last 3 years. As of the latest period, the current operating margin for Molson Coors Beverage is -22.8%, 23.9 percentage points below its three-year average. Over the last 3 years, Molson Coors Beverage's operating margin peaked at 15.1% in Dec 2024 and reached a low of -22.8% in Jun 2026.
TAP EBITDA margin
The average EBITDA margin for Molson Coors Beverage was 8.05% in the last 3 years. Compared with its three-year average, Molson Coors Beverage's current EBITDA margin is -15.3% and is 23.4 percentage points below its three-year average. The EBITDA margin for Molson Coors Beverage moved between -15.3% in Jun 2026 and 21.7% in Jun 2025.
TAP Net margin
Throughout the last 3 years, Molson Coors Beverage had an average net margin of -1.32%. Against its three-year average, Molson Coors Beverage's net margin is currently -20.8%, 19.5 percentage points below its three-year average. Looking back over the last 3 years, Molson Coors Beverage's net margin reached 9.8% at its highest point in Jun 2024 and -20.8% at its lowest in Jun 2026.
TAP margin group comparison
Molson Coors Beverage's gross margin of 37% is higher than the Consumer Defensive sector average. But in comparison with the Consumer Defensive sector average of 36.5%, Molson Coors Beverage's gross margin is only 1.4% higher.
TAP margin peer comparison
Frequently asked questions
What is Molson Coors Beverage's gross margin?
For the period ending Jun 30, 2026, TAP recorded a gross margin of 37%.
What is Molson Coors Beverage's operating margin?
As of Jun 30, 2026, TAP has a negative operating margin of -22.8%.
What is Molson Coors Beverage's EBITDA margin?
As of Jun 30, 2026, TAP has an EBITDA margin of -15.3%.
What is Molson Coors Beverage's net margin?
For the period ending Jun 30, 2026, TAP recorded a net margin of -20.8%.
What are the average margins of TAP?
Over the last 3 years, Molson Coors Beverage's margins averaged 38.5% gross, 1.1% operating, 8.1% EBITDA, and -1.3% net.
What are the highest historical margins of TAP?
Over this 5-year history, TAP peaked at 40.1% gross in Mar 2022, 15.1% operating in Dec 2024, 22.2% EBITDA in Dec 2021, and 10.1% net in Mar 2022.
What are the lowest historical margins of TAP?
In the last 5 years, the lowest margins reported by TAP were 32.3% gross in Mar 2023, -22.8% operating in Jun 2026, -15.3% EBITDA in Jun 2026, and -20.8% net in Jun 2026.