Molson Coors Beverage TAP
NYSE TAP
$38.49 -0.35 (-0.90%)
As of: Sep 9, 2026 · 3:59 PM EDT

Molson Coors Beverage (TAP) Gross Margin (2009 - 2026)

Molson Coors Beverage (TAP) posted Gross Margin of 29.5% for Q2 2026, down 10.64% on a QoQ basis from 33.01% in Q1 2026, and down 478.0% year-over-year from 7.8% in Q2 2025.

Analysis

Molson Coors Beverage (TAP) Gross Margin (2009 - 2026) Analysis & Trends

Molson Coors Beverage has reported Gross Margin for 18 years, with the latest figure at 29.5% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 478.0% year-over-year to 29.5% in Q2 2026; TTM through Jun 2026 was 31.72%, a 121.0% decrease from a year earlier, with the FY2025 full-year figure at 32.78%, down 23.0% from the prior year.
  • Gross Margin was 29.5% for Q2 2026 at Molson Coors Beverage, down from 33.01% in the prior quarter.
  • The five-year high for Gross Margin was 35.1% in Q1 2022, with the low at 23.42% in Q2 2022.
  • Average Gross Margin over 5 years is 31.4%, with a median of 31.61% recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1226 bps in 2022, then jumped 807 bps in 2023.
  • Over 5 years, Gross Margin stood at 29.37% in 2022, then increased by 6 bps to 30.99% in 2023, then increased by 3 bps to 31.99% in 2024, then fell by 3 bps to 30.98% in 2025, then dropped by 5 bps to 29.5% in 2026.
  • The last three Gross Margin figures came in at 29.5% (Q2 2026), 33.01% (Q1 2026), and 30.98% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Ambev 47.60 Bn 44.09 Bn 2.06 Bn 51.86%
2 Constellation Brands 21.89 Bn 21.79 Bn 1.32 Bn 50.98%
3 Molson Coors Beverage 8.77 Bn 6.83 Bn 1.06 Bn 29.50%
4 United Breweries 2.20 Bn -245.21 Bn 252.83 Bn 41.60%
5 Boston Beer 1.75 Bn 1.49 Bn 286.37 Mn 47.12%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.50%
Mar 31, 2026 33.01%
Dec 31, 2025 30.98%
Sep 30, 2025 33.68%
Jun 30, 2025 34.28%
Mar 31, 2025 31.63%
Dec 31, 2024 31.99%
Sep 30, 2024 33.37%
Jun 30, 2024 34.65%
Mar 31, 2024 31.60%
Dec 31, 2023 30.99%
Sep 30, 2023 34.47%
Jun 30, 2023 31.49%
Mar 31, 2023 27.77%
Dec 31, 2022 29.37%
Sep 30, 2022 27.97%
Jun 30, 2022 23.42%
Mar 31, 2022 35.10%
Dec 31, 2021 26.84%
Sep 30, 2021 34.74%