Molson Coors Beverage (TAP) Return on Invested Capital [ROIC] (2009 - 2026)
Molson Coors Beverage's Return on Invested Capital [ROIC] was -12.48% in Q2 2026, down 18.76 percentage points from 6.28% a year earlier and down 0.65 percentage points from the prior quarter.
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Analysis
Molson Coors Beverage (TAP) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Molson Coors Beverage came in at -11.19%, down 18.11 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -9.31 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 6.91% in FY2024 (+1.30 pp), 5.62% in FY2023 (+4.83 pp), 0.78% in FY2022 (-4.90 pp) and 5.68% in FY2021 (+7.56 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2009.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for five straight quarters, with an average year-over-year change of -8.40 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2021 (a gain of 7.60 percentage points); the worst was Q4 2025 (a drop of 18.96 percentage points).
- Per Business Quant data, TAP's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -11.83% (Q1 2026), -12.06% (Q4 2025) and -10.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 368.60 Bn | 357.24 Bn | 8.42 Bn | 15.41% |
| 2 | Diageo | 206.17 Bn | 198.57 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 179.07 Bn | 179.07 Bn | 2.06 Bn | - |
| 4 | Pepsico | 171.83 Bn | 132.26 Bn | 13.11 Bn | 15.33% |
| 5 | Anheuser-Busch InBev | 131.95 Bn | 100.69 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 84.12 Bn | 72.37 Bn | 1.42 Bn | - |
| 7 | Ambev | 46.97 Bn | 32.99 Bn | 2.06 Bn | 25.69% |
| 8 | Coca-Cola Europacific Partners | 45.38 Bn | 38.63 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.33 Bn | 41.57 Bn | 3.07 Bn | 4.33% |
| 10 | Molson Coors Beverage | 7.98 Bn | 3.81 Bn | 1.06 Bn | -12.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.48% |
| Mar 31, 2026 | -11.83% |
| Dec 31, 2025 | -12.06% |
| Sep 30, 2025 | -10.63% |
| Jun 30, 2025 | 6.28% |
| Mar 31, 2025 | 6.41% |
| Dec 31, 2024 | 6.89% |
| Sep 30, 2024 | 5.71% |
| Jun 30, 2024 | 6.51% |
| Mar 31, 2024 | 6.28% |
| Dec 31, 2023 | 5.59% |
| Sep 30, 2023 | 1.84% |
| Jun 30, 2023 | 0.45% |
| Mar 31, 2023 | 0.47% |
| Dec 31, 2022 | 0.80% |
| Sep 30, 2022 | 3.28% |
| Jun 30, 2022 | 4.40% |
| Mar 31, 2022 | 5.93% |
| Dec 31, 2021 | 5.70% |
| Sep 30, 2021 | 0.03% |
API Access
Molson Coors Beverage Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();