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| Date | Value |
|---|---|
| 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% |