Molson Coors Beverage (TAP-A) Operating Margin (2009 - 2026)
Molson Coors Beverage (TAP-A) reported Operating Margin of 9.5% for Q1 2026, up 142.0% on a YoY basis from 3.93% in Q1 2025, and down 64.06% quarter-over-quarter from 26.45% in Q4 2025.
Molson Coors Beverage (TAP-A) Operating Margin (2009 - 2026) Analysis & Trends
Molson Coors Beverage has reported Operating Margin for 18 years, with the latest figure at 9.5% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 142.0% year-over-year to 9.5%; the trailing twelve-month figure through Mar 2026 stood at 22.38% (down 3546.0% YoY), and the FY2025 full-year result was 20.98%, down 3374.0% from the prior year.
- Operating Margin for Q1 2026 stood at 9.5%, down from 26.45% in the prior quarter.
- The five-year high for Operating Margin was 26.45% in Q4 2025, with the low at 115.39% in Q3 2025.
- Historically, Operating Margin has averaged 3.02% across 5 years, with a median of 10.13% in 2022.
- Annual changes were most pronounced in 2023 — Operating Margin jumped 2224 bps — and 2025, when it sank 13022 bps.
- Molson Coors Beverage's Operating Margin stood at 16.26% in 2022, then jumped by 137 bps to 5.98% in 2023, then jumped by 100 bps to 11.97% in 2024, then surged by 121 bps to 26.45% in 2025, then tumbled by 64 bps to 9.5% in 2026.
- The last three Operating Margin figures came in at 9.5% (Q1 2026), 26.45% (Q4 2025), and 115.39% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | 54.39% |
| 2 | Anheuser-Busch InBev | 140.72 Bn | 128.50 Bn | 8.61 Bn | 23.39% |
| 3 | Ambev | 33.67 Bn | 29.90 Bn | 2.42 Bn | 27.83% |
| 4 | Constellation Brands | 24.55 Bn | 24.45 Bn | 951.70 Mn | 23.00% |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.65 Bn | 7.39 Bn | 897.20 Mn | 9.50% |
| 7 | Boston Beer | 1.83 Bn | 1.66 Bn | 213.96 Mn | -43.89% |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 9.50% |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | 23.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.50% |
| Dec 31, 2025 | 26.45% |
| Sep 30, 2025 | -115.39% |
| Jun 30, 2025 | 18.23% |
| Mar 31, 2025 | 8.09% |
| Dec 31, 2024 | 11.97% |
| Sep 30, 2024 | 14.83% |
| Jun 30, 2024 | 15.62% |
| Mar 31, 2024 | 10.31% |
| Dec 31, 2023 | 5.98% |
| Sep 30, 2023 | 17.95% |
| Jun 30, 2023 | 14.95% |
| Mar 31, 2023 | 5.70% |
| Dec 31, 2022 | -16.26% |
| Sep 30, 2022 | 9.38% |
| Jun 30, 2022 | 3.92% |
| Mar 31, 2022 | 10.13% |
| Dec 31, 2021 | 5.17% |
| Sep 30, 2021 | 18.83% |
| Jun 30, 2021 | 19.76% |