Molson Coors Beverage (TAP-A) Tax Rate (2009 - 2026)
Molson Coors Beverage (TAP-A) reported Tax Rate of 22.91% for Q1 2026, up 167.0% on a YoY basis from 8.58% in Q1 2025, and up 7.02% quarter-over-quarter from 21.4% in Q4 2025.
Molson Coors Beverage (TAP-A) Tax Rate (2009 - 2026) Analysis & Trends
Molson Coors Beverage has reported Tax Rate for 18 years, with the latest figure at 22.91% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 167.0% year-over-year to 22.91%; the trailing twelve-month figure through Mar 2026 stood at 13.16% (down 1001.0% YoY), and the FY2025 full-year result was 13.42%, down 956.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.91%, up from 21.4% in the prior quarter.
- The five-year high for Tax Rate was 36.25% in Q4 2023, with the low at 4.56% in Q4 2022.
- Historically, Tax Rate has averaged 20.71% across 5 years, with a median of 21.24% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 2930 bps — and 2023, when it surged 4081 bps.
- Molson Coors Beverage's Tax Rate stood at 4.56% in 2022, then surged by 896 bps to 36.25% in 2023, then sank by 58 bps to 15.19% in 2024, then jumped by 41 bps to 21.4% in 2025, then advanced by 7 bps to 22.91% in 2026.
- The last three Tax Rate figures came in at 22.91% (Q1 2026), 21.4% (Q4 2025), and 15.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,586.00 Bn | 387.52 Bn | -23.58% |
| 2 | Anheuser-Busch InBev | 140.72 Bn | 128.50 Bn | 8.61 Bn | - |
| 3 | Ambev | 33.67 Bn | 29.90 Bn | 2.42 Bn | - |
| 4 | Constellation Brands | 24.55 Bn | 24.45 Bn | 951.70 Mn | 36.02% |
| 5 | Mexican Economic Development | 19.03 Bn | 13.06 Bn | - | - |
| 6 | Molson Coors Beverage | 7.65 Bn | 7.39 Bn | 897.20 Mn | 22.91% |
| 7 | Boston Beer | 1.83 Bn | 1.66 Bn | 213.96 Mn | 23.11% |
| 8 | NFiniTi | - | - | - | - |
| 9 | Molson Coors Beverage | - | - | 897.20 Mn | 22.91% |
| 10 | Anheuser-Busch InBev | - | - | 8.61 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.91% |
| Mar 31, 2026 | 22.91% |
| Dec 31, 2025 | 21.40% |
| Dec 31, 2025 | 21.40% |
| Sep 30, 2025 | 15.98% |
| Sep 30, 2025 | 15.98% |
| Jun 30, 2025 | 23.54% |
| Jun 30, 2025 | 23.54% |
| Mar 31, 2025 | 21.24% |
| Mar 31, 2025 | 21.24% |
| Dec 31, 2024 | 15.19% |
| Dec 31, 2024 | 15.19% |
| Sep 30, 2024 | 30.96% |
| Sep 30, 2024 | 30.96% |
| Jun 30, 2024 | 24.04% |
| Jun 30, 2024 | 24.04% |
| Mar 31, 2024 | 20.91% |
| Mar 31, 2024 | 20.91% |
| Dec 31, 2023 | 36.25% |
| Dec 31, 2023 | 36.25% |