Growth Metrics

Molson Coors Beverage (TAP) Tax Rate (2009 - 2026)

Molson Coors Beverage posted quarterly Tax Rate of 22.91% for Q1 2026, up 167.0% year-on-year from 8.58% in Q1 2025, and up 7.02% on a QoQ basis from 21.4% in Q4 2025.

Molson Coors Beverage (TAP) has 18 years of Tax Rate data on file, last reported at 22.91% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 167.0% year-over-year to 22.91%; the trailing twelve-month figure through Mar 2026 stood at 13.16% (down 1001.0% YoY), and the FY2025 full-year result was 13.42%, down 956.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.91%, up from 21.4% in the prior quarter.
  • Across five years, Tax Rate topped out at 36.25% in Q4 2023 and bottomed at 4.56% in Q4 2022.
  • The 5-year median for Tax Rate is 21.24% (2025), against an average of 20.71%.
  • The widest annual swing landed in 2022, when Tax Rate sank 2930 bps; it then surged 4081 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 4.56% in 2022, then soared by 896 bps to 36.25% in 2023, then plunged by 58 bps to 15.19% in 2024, then surged by 41 bps to 21.4% in 2025, then climbed by 7 bps to 22.91% in 2026.
  • The last three Tax Rate figures came in at 22.91% (Q1 2026), 21.4% (Q4 2025), and 15.98% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn -23.58
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn 0.00
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 36.02
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn -23.64
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 22.91
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 23.11

Historic Data

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DateValue
Mar 31, 2026 22.91
Mar 31, 2026 22.91
Dec 31, 2025 21.40
Dec 31, 2025 21.40
Sep 30, 2025 15.98
Sep 30, 2025 15.98
Jun 30, 2025 23.54
Jun 30, 2025 23.54
Mar 31, 2025 21.24
Mar 31, 2025 21.24
Dec 31, 2024 15.19
Dec 31, 2024 15.19
Sep 30, 2024 30.96
Sep 30, 2024 30.96
Jun 30, 2024 24.04
Jun 30, 2024 24.04
Mar 31, 2024 20.91
Mar 31, 2024 20.91
Dec 31, 2023 36.25
Dec 31, 2023 36.25
Sep 30, 2023 20.66
Sep 30, 2023 20.66
Jun 30, 2023 21.54
Jun 30, 2023 21.54
Mar 31, 2023 28.16
Mar 31, 2023 28.16
Dec 31, 2022 -4.56
Dec 31, 2022 -4.56
Sep 30, 2022 20.11
Sep 30, 2022 20.11
Jun 30, 2022 12.75
Jun 30, 2022 12.75
Mar 31, 2022 20.96
Mar 31, 2022 20.96
Dec 31, 2021 24.75
Dec 31, 2021 24.75
Sep 30, 2021 5.58
Sep 30, 2021 5.58
Jun 30, 2021 25.32
Jun 30, 2021 25.32
Mar 31, 2021 35.08
Mar 31, 2021 35.08
Dec 31, 2020 -2.74
Dec 31, 2020 -2.74
Sep 30, 2020 23.09
Sep 30, 2020 23.09
Jun 30, 2020 50.91
Jun 30, 2020 50.91
Mar 31, 2020 27.28
Mar 31, 2020 27.28
Dec 31, 2019 19.55
Dec 31, 2019 19.55
Sep 30, 2019 -29.39
Sep 30, 2019 -29.39
Jun 30, 2019 17.57
Jun 30, 2019 17.57
Mar 31, 2019 17.76
Mar 31, 2019 17.76
Dec 31, 2018 -9.24
Dec 31, 2018 -9.24
Sep 30, 2018 15.73
Sep 30, 2018 15.73
Jun 30, 2018 17.63
Jun 30, 2018 17.63
Mar 31, 2018 20.96
Mar 31, 2018 20.96
Dec 31, 2017 -257.84
Dec 31, 2017 -257.84
Sep 30, 2017 33.46
Sep 30, 2017 33.46
Jun 30, 2017 27.21
Jun 30, 2017 27.21
Mar 31, 2017 23.00
Mar 31, 2017 23.00
Dec 31, 2016 40.49
Dec 31, 2016 40.49
Sep 30, 2016 9.00
Sep 30, 2016 9.00
Jun 30, 2016 11.02
Jun 30, 2016 11.02
Mar 31, 2016 9.46
Mar 31, 2016 9.46
Dec 31, 2015 20.09
Dec 31, 2015 20.09
Sep 30, 2015 182.00
Sep 30, 2015 182.00
Jun 30, 2015 20.14
Jun 30, 2015 20.14
Mar 31, 2015 13.69
Mar 31, 2015 13.69
Dec 31, 2014 22.47
Dec 31, 2014 22.47
Sep 30, 2014 -2.11
Sep 30, 2014 -2.11
Jun 30, 2014 11.05
Jun 30, 2014 11.05
Mar 31, 2014 2.83
Mar 31, 2014 2.83
Dec 31, 2013 23.60
Dec 31, 2013 23.60
Sep 28, 2013 21.58
Sep 28, 2013 21.58
Jun 29, 2013 41.79
Jun 29, 2013 41.79
Mar 30, 2013 5.49
Mar 30, 2013 5.49
Dec 29, 2012 8.75
Dec 29, 2012 8.75
Sep 29, 2012 17.48
Sep 29, 2012 17.48
Jun 30, 2012 55.94
Jun 30, 2012 55.94
Mar 31, 2012 17.91
Mar 31, 2012 17.91
Dec 31, 2011 4.95
Dec 31, 2011 4.95
Sep 24, 2011 13.80
Sep 24, 2011 13.80
Jun 25, 2011 16.09
Jun 25, 2011 16.09
Mar 26, 2011 16.35
Mar 26, 2011 16.35
Dec 25, 2010 11.30
Dec 25, 2010 11.30
Sep 25, 2010 19.05
Sep 25, 2010 19.05
Jun 26, 2010 17.93
Jun 26, 2010 17.93
Mar 27, 2010 15.70
Mar 27, 2010 15.70
Dec 26, 2009 -64.71
Dec 26, 2009 -64.71
Sep 26, 2009 9.35
Sep 26, 2009 9.35
Jun 28, 2009 20.12
Jun 28, 2009 20.12
Mar 29, 2009 -1.65
Mar 29, 2009 -1.65