Molson Coors Beverage (TAP) Tax Rate (2009 - 2026)
Molson Coors Beverage's Tax Rate came in at 21.72% for Q2 2026, down 1.81 percentage points from 23.54% a year earlier and down 1.18 percentage points from the prior quarter.
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Analysis
Molson Coors Beverage (TAP) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Molson Coors Beverage reported Tax Rate of 14.37%, down 8.59 percentage points year-over-year; for FY2025, it came in at 13.42%, down 9.56 percentage points from FY2024.
- Tax Rate carries a five-year change of +60.29 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 22.97% in FY2024 (-0.67 pp), 23.64% in FY2023 (+222.04 pp), -198.40% in FY2022 (-217.00 pp) and 18.60% in FY2021 (+65.47 pp).
- The five-year range for quarterly Tax Rate is -4.56% (Q4 2022) to 36.25% (Q4 2023).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -2.48 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 40.81 percentage points), and the weakest in Q4 2022 (a drop of 29.30 percentage points).
- Business Quant data shows TAP's Tax Rate at 22.91% (Q1 2026), 21.40% (Q4 2025) and 15.98% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.32 Bn | 358.96 Bn | 8.42 Bn | 18.94% |
| 2 | Diageo | 208.31 Bn | 200.71 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 181.53 Bn | 181.53 Bn | 2.06 Bn | 29.65% |
| 4 | Pepsico | 172.96 Bn | 133.40 Bn | 13.11 Bn | 22.01% |
| 5 | Anheuser-Busch InBev | 132.06 Bn | 100.80 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 81.53 Bn | 69.78 Bn | 1.42 Bn | 23.91% |
| 7 | Ambev | 46.02 Bn | 32.04 Bn | 2.06 Bn | - |
| 8 | Coca-Cola Europacific Partners | 45.68 Bn | 38.92 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.29 Bn | 41.52 Bn | 3.07 Bn | 31.15% |
| 10 | Molson Coors Beverage | 7.90 Bn | 3.73 Bn | 1.06 Bn | 21.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.72% |
| Mar 31, 2026 | 22.91% |
| Dec 31, 2025 | 21.40% |
| Jun 30, 2025 | 23.54% |
| Mar 31, 2025 | 21.24% |
| Dec 31, 2024 | 15.19% |
| Sep 30, 2024 | 30.96% |
| Jun 30, 2024 | 24.04% |
| Mar 31, 2024 | 20.91% |
| Dec 31, 2023 | 36.25% |
| Sep 30, 2023 | 20.66% |
| Jun 30, 2023 | 21.54% |
| Mar 31, 2023 | 28.16% |
| Sep 30, 2022 | 20.11% |
| Jun 30, 2022 | 12.75% |
| Mar 31, 2022 | 20.96% |
| Dec 31, 2021 | 24.75% |
| Sep 30, 2021 | 5.58% |
| Jun 30, 2021 | 25.32% |
| Mar 31, 2021 | 35.08% |
API Access
Molson Coors Beverage Tax Rate 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=tax-rate&ticker=TAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();