Molson Coors Beverage (TAP-A) Gross Margin (2009 - 2026)
Molson Coors Beverage (TAP-A) reported Gross Margin of 33.01% for Q1 2026, down 392.0% on a YoY basis from 11.31% in Q1 2025, and down 58.19% quarter-over-quarter from 78.96% in Q4 2025.
Molson Coors Beverage (TAP-A) Gross Margin (2009 - 2026) Analysis & Trends
Molson Coors Beverage has reported Gross Margin for 18 years, with the latest figure at 33.01% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 392.0% year-over-year to 33.01%; the trailing twelve-month figure through Mar 2026 stood at 42.7% (up 713.0% YoY), and the FY2025 full-year result was 38.37%, up 536.0% from the prior year.
- Gross Margin for Q1 2026 stood at 33.01%, down from 78.96% in the prior quarter.
- The five-year high for Gross Margin was 78.96% in Q4 2025, with the low at 27.77% in Q1 2023.
- Historically, Gross Margin has averaged 37.08% across 5 years, with a median of 34.65% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1519 bps — and 2025, when it surged 4698 bps.
- Molson Coors Beverage's Gross Margin stood at 29.37% in 2022, then climbed by 6 bps to 30.99% in 2023, then climbed by 3 bps to 31.99% in 2024, then soared by 147 bps to 78.96% in 2025, then tumbled by 58 bps to 33.01% in 2026.
- The last three Gross Margin figures came in at 33.01% (Q1 2026), 78.96% (Q4 2025), and 39.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 47.29% |
| 2 | Anheuser-Busch InBev | 140.72 Bn | 128.50 Bn | 8.61 Bn | 55.37% |
| 3 | Ambev | 33.67 Bn | 29.90 Bn | 2.42 Bn | 52.63% |
| 4 | Constellation Brands | 24.55 Bn | 24.45 Bn | 951.70 Mn | 49.56% |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.65 Bn | 7.39 Bn | 897.20 Mn | 33.01% |
| 7 | Boston Beer | 1.83 Bn | 1.66 Bn | 213.96 Mn | 49.31% |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 33.01% |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 55.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.01% |
| Dec 31, 2025 | 78.96% |
| Sep 30, 2025 | 39.47% |
| Jun 30, 2025 | 40.05% |
| Mar 31, 2025 | 36.93% |
| Dec 31, 2024 | 31.99% |
| Sep 30, 2024 | 39.52% |
| Jun 30, 2024 | 34.65% |
| Mar 31, 2024 | 31.60% |
| Dec 31, 2023 | 30.99% |
| Sep 30, 2023 | 40.81% |
| Jun 30, 2023 | 37.31% |
| Mar 31, 2023 | 27.77% |
| Dec 31, 2022 | 29.37% |
| Sep 30, 2022 | 27.97% |
| Jun 30, 2022 | 28.07% |
| Mar 31, 2022 | 41.89% |
| Dec 31, 2021 | 26.84% |
| Sep 30, 2021 | 42.29% |
| Jun 30, 2021 | 43.26% |