Operating Income for Molson Coors Beverage (TAP)
According to Molson Coors Beverage's latest reported financial statements, the company's current operating income (TTM) is -$2.34B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$2.34B
YoY change
-233.5%
5Y CAGR
N/A
Peak year (2016)
$3.32B
Cumulative operating income
$19.66B
Operating Income history chart for Molson Coors Beverage (TAP) from 1985 to 2025
Operating Income history table for Molson Coors Beverage (TAP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$2.34B | -233.5% | ||
| 2024 | $1.75B | +21.9% | ||
| 2023 | $1.44B | +813.1% | ||
| 2022 | $157.50M | -89.2% | ||
| 2021 | $1.45B | -455.7% | ||
| 2020 | -$408.90M | -153.5% | ||
| 2019 | $764.40M | -53.2% | ||
| 2018 | $1.63B | -2.7% | ||
| 2017 | $1.68B | -49.5% | ||
| 2016 | $3.32B | +485.8% | ||
| 2015 | $567.20M | -21.9% | ||
| 2014 | $726.50M | -9.8% | ||
| 2013 | $805.70M | -7.1% | ||
| 2012 | $867.40M | -2.9% | ||
| 2011 | $893.20M | +3.3% | ||
| 2010 | $864.50M | +14.7% | ||
| 2009 | $754.00M | +21.2% | ||
| 2008 | $622.00M | -3.0% | ||
| 2007 | $641.10M | +10.3% | ||
| 2006 | $581.10M | +37.7% | ||
| 2005 | $422.05M | +21.1% | ||
| 2004 | $348.43M | +13.4% | ||
| 2003 | $307.37M | +3.0% | ||
| 2002 | $298.29M | +96.8% | ||
| 2001 | $151.60M | +0.6% | ||
| 2000 | $150.63M | +6.1% | ||
| 1999 | $141.98M | +36.8% | ||
| 1998 | $103.82M | -29.6% | ||
| 1997 | $147.40M | +81.9% | ||
| 1996 | $81.02M | +0.8% | ||
| 1995 | $80.38M | -25.7% | ||
| 1994 | $108.16M | -341.4% | ||
| 1993 | -$44.80M | -161.1% | ||
| 1992 | $73.30M | +237.8% | ||
| 1991 | $21.70M | -79.2% | ||
| 1990 | $104.40M | +208.9% | ||
| 1989 | $33.80M | -51.4% | ||
| 1988 | $69.50M | -21.5% | ||
| 1987 | $88.50M | -18.6% | ||
| 1986 | $108.70M | +20.5% | ||
| 1985 | $90.20M | — |
Operating Income values are taken from Molson Coors Beverage's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Molson Coors Beverage (TAP) reported operating income of -$2.34B – plunged 233.5% year-over-year.
Between 2016 and 2025, Molson Coors Beverage operating income plunged 170.5%, falling from $3.32B to -$2.34B.
$3.32B stands as the all-time-high annual operating income, posted in 2016, against a low of -$2.34B during 2025.
Among 8 Consumer Defensive peers, Molson Coors Beverage (TAP) ranks 9th; the peer median for operating income is $14.35B.
Molson Coors Beverage Operating Income by Year
Molson Coors Beverage Operating Income 2025: -$2.34B
Molson Coors Beverage operating income in 2025 was -$2.34B, plunged 233.5% below 2024. This figure represents the lowest annual value in the available history.
Molson Coors Beverage Operating Income 2024: $1.75B
Molson Coors Beverage operating income in 2024 was $1.75B, grew 21.9% from 2023.
Molson Coors Beverage Operating Income 2023: $1.44B
Molson Coors Beverage operating income in 2023 was $1.44B, surged 813.1% from 2022.
Molson Coors Beverage Operating Income 2022: $157.50M
Molson Coors Beverage operating income in 2022 was $157.50M, plunged 89.2% below 2021.
Molson Coors Beverage Operating Income 2021: $1.45B
Molson Coors Beverage operating income in 2021 was $1.45B.
See more financial history for Molson Coors Beverage (TAP).
Sector peers — Operating Income
Companies in the same sector as Molson Coors Beverage, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is Molson Coors Beverage's operating income?
- Latest reported operating income for Molson Coors Beverage (TAP) is -$2.34B (period ending December 31, 2025).
How has Molson Coors Beverage operating income changed year-over-year?
- Molson Coors Beverage (TAP) operating income changed -233.5% year-over-year on the latest annual filing.
When did Molson Coors Beverage operating income hit its highest annual value?
- Molson Coors Beverage operating income reached its highest annual value of $3.32B in 2016.
What was Molson Coors Beverage operating income in 2024?
- Molson Coors Beverage (TAP) operating income in 2024 was $1.75B.
What was Molson Coors Beverage operating income in 2025?
- Molson Coors Beverage (TAP) operating income in 2025 was -$2.34B.
Metrics overview
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