Molson Coors Beverage (TAP) Shares Outstanding (2009 - 2026)
Molson Coors Beverage (TAP) reported Shares Outstanding of 187.5 million for Q2 2026, down 6.5% from 200.5 million a year earlier and down 0.7% from the prior quarter.
Powered by 
Analysis
Molson Coors Beverage (TAP) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Molson Coors Beverage posted Shares Outstanding of 199.1 million, down 4.6% from FY2024.
- Shares Outstanding has declined for four consecutive years, with a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 208.8 million in FY2024 (-3.3%), 216 million in FY2023 (-0.4%), 216.9 million in FY2022 (-0.1%) and 217.1 million in FY2021 (+0.1%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding since Q4 2015.
- Year over year, Shares Outstanding has now declined in each of the last 16 quarters, with an average decline of 4.9% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was Q4 2021 (growth of 0.1%); the low point was Q1 2026 (a decline of 6.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 188.9 million (Q1 2026), 199.1 million (Q4 2025) and 197.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.32 Bn | 358.96 Bn | 8.42 Bn | 4.30 Bn |
| 2 | Diageo | 208.31 Bn | 200.71 Bn | - | 2.22 Bn |
| 3 | Coca Cola Femsa Sab De Cv | 181.53 Bn | 181.53 Bn | 2.06 Bn | 1.68 Bn |
| 4 | Pepsico | 172.96 Bn | 133.40 Bn | 13.11 Bn | 1.37 Bn |
| 5 | Anheuser-Busch InBev | 132.06 Bn | 100.80 Bn | 9.58 Bn | 1.74 Bn |
| 6 | Monster Beverage | 81.53 Bn | 69.78 Bn | 1.42 Bn | 1.96 Bn |
| 7 | Ambev | 46.02 Bn | 32.04 Bn | 2.06 Bn | 15.62 Bn |
| 8 | Coca-Cola Europacific Partners | 45.68 Bn | 38.92 Bn | - | 456.00 Mn |
| 9 | Keurig Dr Pepper | 41.29 Bn | 41.52 Bn | 3.07 Bn | 1.36 Bn |
| 10 | Molson Coors Beverage | 7.90 Bn | 3.73 Bn | 1.06 Bn | 187.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 187.50 Mn |
| Mar 31, 2026 | 188.90 Mn |
| Dec 31, 2025 | 199.10 Mn |
| Sep 30, 2025 | 197.90 Mn |
| Jun 30, 2025 | 200.50 Mn |
| Mar 31, 2025 | 203.00 Mn |
| Dec 31, 2024 | 208.80 Mn |
| Sep 30, 2024 | 207.20 Mn |
| Jun 30, 2024 | 210.00 Mn |
| Mar 31, 2024 | 212.70 Mn |
| Dec 31, 2023 | 216.00 Mn |
| Sep 30, 2023 | 216.10 Mn |
| Jun 30, 2023 | 216.40 Mn |
| Mar 31, 2023 | 216.50 Mn |
| Dec 31, 2022 | 216.90 Mn |
| Sep 30, 2022 | 216.80 Mn |
| Jun 30, 2022 | 217.00 Mn |
| Mar 31, 2022 | 217.20 Mn |
| Dec 31, 2021 | 217.10 Mn |
| Sep 30, 2021 | 217.20 Mn |
API Access
Molson Coors Beverage Shares Outstanding 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=shares-outstanding&ticker=TAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();