Molson Coors Beverage (TAP) Return on Capital Employed [ROCE] (2009 - 2026)
Molson Coors Beverage's Return on Capital Employed [ROCE] was -13.86% in Q2 2026, down 20.82 percentage points from 6.95% a year earlier and down 0.87 percentage points from the prior quarter.
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Analysis
Molson Coors Beverage (TAP) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Molson Coors Beverage came in at -12.24%, down 19.81 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -10.55 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 7.57% in FY2024 (+1.04 pp), 6.53% in FY2023 (+5.85 pp), 0.67% in FY2022 (-5.42 pp) and 6.10% in FY2021 (+7.79 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2009.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for six straight quarters, with an average year-over-year change of -9.53 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 7.75 percentage points); the worst was Q4 2025 (a drop of 20.88 percentage points).
- Per Business Quant data, TAP's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -12.99% (Q1 2026), -13.36% (Q4 2025) and -11.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.54 Bn | 359.17 Bn | 8.42 Bn | 18.37% |
| 2 | Diageo | 205.37 Bn | 197.77 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 177.39 Bn | 177.39 Bn | 2.06 Bn | - |
| 4 | Pepsico | 171.43 Bn | 131.87 Bn | 13.11 Bn | 18.82% |
| 5 | Anheuser-Busch InBev | 131.23 Bn | 99.97 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 82.55 Bn | 70.80 Bn | 1.42 Bn | 28.61% |
| 7 | Ambev | 45.71 Bn | 31.73 Bn | 2.06 Bn | 228.90% |
| 8 | Coca-Cola Europacific Partners | 45.26 Bn | 38.51 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.76 Bn | 42.00 Bn | 3.07 Bn | 5.38% |
| 10 | Molson Coors Beverage | 8.04 Bn | 3.87 Bn | 1.06 Bn | -13.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.86% |
| Mar 31, 2026 | -12.99% |
| Dec 31, 2025 | -13.36% |
| Sep 30, 2025 | -11.65% |
| Jun 30, 2025 | 6.95% |
| Mar 31, 2025 | 7.03% |
| Dec 31, 2024 | 7.52% |
| Sep 30, 2024 | 6.58% |
| Jun 30, 2024 | 7.58% |
| Mar 31, 2024 | 7.13% |
| Dec 31, 2023 | 6.43% |
| Sep 30, 2023 | 3.24% |
| Jun 30, 2023 | 2.07% |
| Mar 31, 2023 | 0.40% |
| Dec 31, 2022 | 0.69% |
| Sep 30, 2022 | 3.56% |
| Jun 30, 2022 | 4.31% |
| Mar 31, 2022 | 6.23% |
| Dec 31, 2021 | 6.06% |
| Sep 30, 2021 | 0.03% |
API Access
Molson Coors Beverage Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();