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
DateValue
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%