TTM
-20.3%
YoY change
−36.09pp
Trough year (2025)
-21.0%
Peak year (2016)
68.0%
Latest annual
-21.0%
Operating Margin history chart for Molson Coors Beverage (TAP) from 1985 to 2025
Latest: -21.0%
Operating Margin change chart for Molson Coors Beverage (TAP) from 1985 to 2025
Latest: −36.09pp
Operating Margin history table for Molson Coors Beverage (TAP) from 1985 to 2025
| 2025 | -21.0% | -36.09pp | ||
| 2024 | 15.1% | +2.79pp | ||
| 2023 | 12.3% | +10.82pp | ||
| 2022 | 1.5% | -12.68pp | ||
| 2021 | 14.1% | +18.38pp | ||
| 2020 | -4.2% | -11.46pp | ||
| 2019 | 7.2% | -7.93pp | ||
| 2018 | 15.2% | -0.10pp | ||
| 2017 | 15.2% | -52.77pp | ||
| 2016 | 68.0% | +52.12pp | ||
| 2015 | 15.9% | -1.62pp | ||
| 2014 | 17.5% | -1.63pp | ||
| 2013 | 19.2% | -2.99pp | ||
| 2012 | 22.1% | -3.26pp | ||
| 2011 | 25.4% | -1.16pp | ||
| 2010 | 26.6% | +1.70pp | ||
| 2009 | 24.9% | +11.84pp | ||
| 2008 | 13.0% | +2.67pp | ||
| 2007 | 10.4% | +0.41pp | ||
| 2006 | 9.9% | +2.28pp | ||
| 2005 | 7.7% | -0.43pp | ||
| 2004 | 8.1% | +0.41pp | ||
| 2003 | 7.7% | -0.21pp | ||
| 2002 | 7.9% | +1.66pp | ||
| 2001 | 6.2% | +0.00pp | ||
| 2000 | 6.2% | -0.67pp | ||
| 1999 | 6.9% | +1.44pp | ||
| 1998 | 5.5% | -2.62pp | ||
| 1997 | 8.1% | +3.41pp | ||
| 1996 | 4.7% | -0.12pp | ||
| 1995 | 4.8% | -1.71pp | ||
| 1994 | 6.5% | +9.34pp | ||
| 1993 | -2.8% | -7.56pp | ||
| 1992 | 4.7% | +3.59pp | ||
| 1991 | 1.1% | -4.47pp | ||
| 1990 | 5.6% | +3.69pp | ||
| 1989 | 1.9% | -2.65pp | ||
| 1988 | 4.6% | -1.98pp | ||
| 1987 | 6.6% | -1.71pp | ||
| 1986 | 8.3% | +1.23pp | ||
| 1985 | 7.0% | — |
- 2025-21.0%-36.09pp
- 202415.1%+2.79pp
- 202312.3%+10.82pp
- 20221.5%-12.68pp
- 202114.1%+18.38pp
- 2020-4.2%-11.46pp
- 20197.2%-7.93pp
- 201815.2%-0.10pp
- 201715.2%-52.77pp
- 201668.0%+52.12pp
- 201515.9%-1.62pp
- 201417.5%-1.63pp
- 201319.2%-2.99pp
- 201222.1%-3.26pp
- 201125.4%-1.16pp
- 201026.6%+1.70pp
- 200924.9%+11.84pp
- 200813.0%+2.67pp
- 200710.4%+0.41pp
- 20069.9%+2.28pp
- 20057.7%-0.43pp
- 20048.1%+0.41pp
- 20037.7%-0.21pp
- 20027.9%+1.66pp
- 20016.2%+0.00pp
- 20006.2%-0.67pp
- 19996.9%+1.44pp
- 19985.5%-2.62pp
- 19978.1%+3.41pp
- 19964.7%-0.12pp
- 19954.8%-1.71pp
- 19946.5%+9.34pp
- 1993-2.8%-7.56pp
- 19924.7%+3.59pp
- 19911.1%-4.47pp
- 19905.6%+3.69pp
- 19891.9%-2.65pp
- 19884.6%-1.98pp
- 19876.6%-1.71pp
- 19868.3%+1.23pp
- 19857.0%—
Operating Margin values are taken from Molson Coors Beverage's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Molson Coors Beverage (TAP)
According to Molson Coors Beverage's latest reported financial statements, the company's latest reported operating margin is -20.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Molson Coors Beverage (TAP) came in at -21.01% – contracted 36.1 percentage points year-over-year.
The highest annual operating margin of 68.02% was reported in 2016. The lowest in the available history was -21.01% in 2025.
Molson Coors Beverage Operating Margin by Year
Molson Coors Beverage Operating Margin 2025: -21.0%
Molson Coors Beverage posted operating margin of -21.01% in 2025, contracted 36.1 percentage points from 2024. This figure represents the lowest annual value in the available history.
Molson Coors Beverage Operating Margin 2024: 15.1%
In 2024, Molson Coors Beverage reported operating margin of 15.08%, expanded 2.8 percentage points from 2023.
Molson Coors Beverage Operating Margin 2023: 12.3%
Molson Coors Beverage operating margin in 2023 was 12.29%, expanded 10.8 percentage points from 2022.
Molson Coors Beverage Operating Margin 2022: 1.5%
2022's operating margin for Molson Coors Beverage came in at 1.47%, contracted 12.7 percentage points from 2021.
Molson Coors Beverage Operating Margin 2021: 14.1%
Molson Coors Beverage operating margin in 2021 was 14.15%.
See more financial history for Molson Coors Beverage (TAP).
Sector peers by Operating Margin
Consumer Defensive peers of Molson Coors Beverage (TAP), ranked by their latest operating margin
| 50.7% | |
| 36.8% | |
| 29.3% | |
| 29.3% | |
| 23.2% | |
| 14.8% | |
| 4.2% | |
| 3.8% |
- 50.7%
- 29.3%
- 14.8%
- 4.2%
- 3.8%
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