Molson Coors Beverage (TAP) Shares Outstanding (Diluted) (2009 - 2026)
Molson Coors Beverage (TAP) posted Weighted Average Shares Outstanding (Diluted) of 187.7 million for Q2 2026, down 6.7% from 201.2 million a year earlier and down 0.9% from the prior quarter.
Molson Coors Beverage (TAP) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Molson Coors Beverage's Weighted Average Shares Outstanding (Diluted) came in at 199.1 million, down 5.1% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- In prior years, Molson Coors Beverage's Weighted Average Shares Outstanding (Diluted) was 209.9 million in FY2024 (-3.4%), 217.3 million in FY2023 (+0.2%), 216.9 million in FY2022 (-0.3%) and 217.6 million in FY2021 (+0.4%).
- The Q2 2026 figure stands as the lowest quarterly Weighted Average Shares Outstanding (Diluted) since Q4 2015.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined in each of the last ten quarters, with an average decline of 5.1% over the last eight quarters.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding (Diluted) in the past five years was Q4 2021, with growth of 0.4%; the weakest was Q1 2026, with a decline of 7.2%.
- According to Business Quant data, Weighted Average Shares Outstanding (Diluted) for the three prior quarters was 189.4 million (Q1 2026), 199.1 million (Q4 2025) and 197.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 416.85 Bn | 405.33 Bn | 8.45 Bn | 4.31 Bn |
| 2 | Diageo | 246.91 Bn | 229.06 Bn | - | 2.23 Bn |
| 3 | Coca Cola Femsa Sab De Cv | 201.88 Bn | 201.88 Bn | 37.08 Bn | 141,000.00 |
| 4 | Pepsico | 195.70 Bn | 153.66 Bn | 13.75 Bn | 1.37 Bn |
| 5 | Anheuser-Busch InBev | 154.67 Bn | 154.67 Bn | 27,528.00 | 1.76 Bn |
| 6 | Monster Beverage | 88.75 Bn | 85.98 Bn | 1.40 Bn | 1.98 Bn |
| 7 | Coca-Cola Europacific Partners | 52.79 Bn | 46.01 Bn | - | 456.00 Mn |
| 8 | Keurig Dr Pepper | 51.16 Bn | 50.63 Bn | 3.53 Bn | 1.37 Bn |
| 9 | Ambev | 43.82 Bn | 28.73 Bn | 2.14 Bn | 15.68 Bn |
| 10 | Molson Coors Beverage | 6.92 Bn | 3.09 Bn | 1.03 Bn | 186.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 186.80 Mn |
| Jun 30, 2026 | 187.70 Mn |
| Mar 31, 2026 | 189.40 Mn |
| Dec 31, 2025 | 199.10 Mn |
| Sep 30, 2025 | 197.90 Mn |
| Jun 30, 2025 | 201.20 Mn |
| Mar 31, 2025 | 204.00 Mn |
| Dec 31, 2024 | 209.90 Mn |
| Sep 30, 2024 | 208.00 Mn |
| Jun 30, 2024 | 210.80 Mn |
| Mar 31, 2024 | 214.20 Mn |
| Dec 31, 2023 | 217.30 Mn |
| Sep 30, 2023 | 217.60 Mn |
| Jun 30, 2023 | 217.80 Mn |
| Mar 31, 2023 | 217.30 Mn |
| Dec 31, 2022 | 216.90 Mn |
| Sep 30, 2022 | 217.60 Mn |
| Jun 30, 2022 | 217.80 Mn |
| Mar 31, 2022 | 217.80 Mn |
| Dec 31, 2021 | 217.60 Mn |
Molson Coors Beverage Shares Outstanding (Diluted) 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-diluted&ticker=TAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();