Molson Coors Beverage (TAP) Gross Margin (2009 - 2026)
Molson Coors Beverage's Gross Margin came in at 29.50% for Q2 2026, down 4.78 percentage points from 34.28% a year earlier and down 3.51 percentage points from the prior quarter.
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Analysis
Molson Coors Beverage (TAP) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Molson Coors Beverage reported Gross Margin of 31.72%, down 1.21 percentage points year-over-year; for FY2025, it came in at 32.78%, down 0.23 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.64 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 33.01% in FY2024 (+1.54 pp), 31.47% in FY2023 (+2.93 pp), 28.54% in FY2022 (-4.02 pp) and 32.56% in FY2021 (+0.42 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q1 2023.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.57 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2023 (a gain of 8.07 percentage points), and the weakest in Q2 2022 (a drop of 12.26 percentage points).
- Business Quant data shows TAP's Gross Margin at 33.01% (Q1 2026), 30.98% (Q4 2025) and 33.68% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.32 Bn | 358.96 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 208.31 Bn | 200.71 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 181.53 Bn | 181.53 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 172.96 Bn | 133.40 Bn | 13.11 Bn | 54.22% |
| 5 | Anheuser-Busch InBev | 132.06 Bn | 100.80 Bn | 9.58 Bn | 57.49% |
| 6 | Monster Beverage | 81.53 Bn | 69.78 Bn | 1.42 Bn | 55.95% |
| 7 | Ambev | 46.02 Bn | 32.04 Bn | 2.06 Bn | 51.86% |
| 8 | Coca-Cola Europacific Partners | 45.68 Bn | 38.92 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.29 Bn | 41.52 Bn | 3.07 Bn | 41.95% |
| 10 | Molson Coors Beverage | 7.90 Bn | 3.73 Bn | 1.06 Bn | 29.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Molson Coors Beverage Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();