Molson Coors Beverage (TAP) Gross Margin (2009 - 2026)
Molson Coors Beverage's (TAP) quarterly Gross Margin came in at 244.6% in Q1 2026, up 21297.0% year-on-year from N/an in Q1 2025, and up 2351.5% quarter-over-quarter from 9.98% in Q4 2025.
Molson Coors Beverage (TAP) Gross Margin (2009 - 2026) Analysis & Trends
Molson Coors Beverage's Gross Margin history runs 18 years deep, the most recent figure standing at 244.6% for Q1 2026.
- On a quarterly basis, Gross Margin rose 21297.0% year-over-year to 244.6% in Q1 2026; TTM through Mar 2026 was 38.85%, a 180.0% increase from a year earlier, with the FY2025 full-year figure at 38.37%, up 536.0% from the prior year.
- Gross Margin rose to 244.6% in Q1 2026 per TAP's latest filing, from 9.98% in the prior quarter.
- Across five years, Gross Margin topped out at 244.6% in Q1 2026 and bottomed at 9.98% in Q4 2025.
- The 5-year median for Gross Margin is 37.31% (2023), against an average of 91.69%.
- Across the five-year window, Gross Margin tumbled 12815 bps in 2023 and surged 21297 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 29.37% in 2022, then slumped by 65 bps to 10.27% in 2023, then surged by 109 bps to 21.42% in 2024, then sank by 53 bps to 9.98% in 2025, then jumped by 2352 bps to 244.6% in 2026.
- Per Business Quant, the three latest TAP Gross Margin figures stand at 244.6% (Q1 2026), 9.98% (Q4 2025), and 229.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,330.57 Bn | 3,689.35 Bn | 387.52 Bn | 47.29% |
| 2 | Mexican Economic Development | 1,197.42 Bn | 1,191.27 Bn | - | - |
| 3 | Anheuser-Busch InBev | 166.02 Bn | 153.80 Bn | 8.61 Bn | 55.37% |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | 52.63% |
| 5 | Constellation Brands | 23.03 Bn | 22.93 Bn | 1.32 Bn | 50.98% |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.74 Bn | 897.20 Mn | 244.60% |
| 7 | Boston Beer | 1.95 Bn | 1.69 Bn | 286.37 Mn | 47.12% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 244.60% |
| Dec 31, 2025 | 9.98% |
| Sep 30, 2025 | 229.74% |
| Jun 30, 2025 | 237.74% |
| Mar 31, 2025 | 31.63% |
| Dec 31, 2024 | 21.42% |
| Sep 30, 2024 | 214.50% |
| Jun 30, 2024 | 34.65% |
| Mar 31, 2024 | 31.60% |
| Dec 31, 2023 | 10.27% |
| Sep 30, 2023 | 40.81% |
| Jun 30, 2023 | 37.31% |
| Mar 31, 2023 | 32.85% |
| Dec 31, 2022 | 29.37% |
| Sep 30, 2022 | 168.96% |
| Jun 30, 2022 | 141.45% |
| Mar 31, 2022 | 41.89% |
| Dec 31, 2021 | 149.04% |
| Sep 30, 2021 | 42.29% |
| Jun 30, 2021 | 35.68% |