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

Molson Coors Beverage's (TAP) quarterly Tax Rate came in at 22.91% in Q1 2026, up 167.0% year-on-year from 8.58% in Q1 2025, and up 7.02% quarter-over-quarter from 21.4% in Q4 2025.

Molson Coors Beverage (TAP) Tax Rate (2009 - 2026) Analysis & Trends

Molson Coors Beverage's Tax Rate history runs 18 years deep, the most recent figure standing at 22.91% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 167.0% year-over-year to 22.91% in Q1 2026; TTM through Mar 2026 was 13.16%, a 1001.0% decrease from a year earlier, with the FY2025 full-year figure at 13.42%, down 956.0% from the prior year.
  • Tax Rate climbed to 22.91% in Q1 2026 per TAP's latest filing, 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%.
  • Across the five-year window, Tax Rate tumbled 2930 bps in 2022 and jumped 4081 bps in 2023, its largest moves.
  • Year by year, Tax Rate 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.
  • Per Business Quant, the three latest TAP Tax Rate figures stand at 22.91% (Q1 2026), 21.4% (Q4 2025), and 15.98% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 United Breweries 4,345.35 Bn 3,704.13 Bn 387.52 Bn -23.58%
2 Mexican Economic Development 1,208.01 Bn 1,201.85 Bn - -
3 Anheuser-Busch InBev 165.16 Bn 152.94 Bn 8.61 Bn 0.00%
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn -23.64%
5 Constellation Brands 23.15 Bn 23.06 Bn 1.32 Bn 11.59%
6 Molson Coors Beverage 8.13 Bn 7.74 Bn 897.20 Mn 22.91%
7 Boston Beer 1.95 Bn 1.69 Bn 286.37 Mn 28.69%
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 22.91%
Mar 31, 2026 22.91%
Mar 31, 2026 22.91%
Dec 31, 2025 21.40%
Dec 31, 2025 21.40%
Dec 31, 2025 21.40%
Sep 30, 2025 15.98%
Sep 30, 2025 15.98%
Sep 30, 2025 15.98%
Jun 30, 2025 23.54%
Jun 30, 2025 23.54%
Jun 30, 2025 23.54%
Mar 31, 2025 21.24%
Mar 31, 2025 21.24%
Mar 31, 2025 21.24%
Dec 31, 2024 15.19%
Dec 31, 2024 15.19%
Dec 31, 2024 15.19%
Sep 30, 2024 30.96%
Sep 30, 2024 30.96%