molson coors brewing company is a leading global brewer delivering extraordinary brands that delight the world's beer drinkers. we brew, market and sell a portfolio of leading premium brands such as coors light, molson canadian, carling, staropramen and blue moon across the americas, europe and asia. we operate in canada through molson coors canada; in the us through millercoors; across europe through molson coors europe; and outside these core markets through molson coors international. the company has been listed on the dow jones sustainability world index for the past four years and was named global beverage sector leader in 2012 and 2013. we are constantly looking for ways to improve our beer print. for more information, visit www.molsoncoors.com.
Company profile
Ticker
TAP, TAP.A
Exchange
Website
CEO
Gavin Hattersley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
COORS ADOLPH CO, MOLSON COORS BREWING CO
SEC CIK
Corporate docs
Subsidiaries
3230600 Nova Scotia Company • CBC Holdco 2 LLC • CBC Holdco 3, Inc. • CBC Holdco LLC • Coors Brewing Company • Coors Distributing Company LLC • Coors International • Molson Canada • Molson Coors (Barbados) SRL • Molson Coors (UK) Holdings ...
IRS number
840178360
TAP stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
3 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
S-3ASR
Automatic shelf registration
20 Feb 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
Continued Fourth Quarter Top-Line Strength Delivers 9.4% Full Year Net Sales Growth, Achieving Full-Year Guidance
13 Feb 24
8-K
Molson Coors Nominates Jill Timm as an Independent Director to Join Its Board of Directors
15 Dec 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Anticipates High End of 2023 Full Year Top-Line Guidance and Raises 2023 Full Year Bottom-Line Guidance, While Continuing to Reinvest in the Business
2 Nov 23
8-K
Other Events
3 Oct 23
Transcripts
TAP
Earnings call transcript
2023 Q4
13 Feb 24
TAP
Earnings call transcript
2023 Q3
2 Nov 23
TAP
Earnings call transcript
2023 Q2
1 Aug 23
TAP
Earnings call transcript
2023 Q1
2 May 23
TAP
Earnings call transcript
2022 Q4
21 Feb 23
TAP
Earnings call transcript
2022 Q3
1 Nov 22
TAP
Earnings call transcript
2022 Q2
2 Aug 22
TAP
Earnings call transcript
2022 Q1
3 May 22
TAP
Earnings call transcript
2021 Q4
23 Feb 22
TAP
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 801.70 mm | 801.70 mm | 801.70 mm | 801.70 mm | 801.70 mm | 801.70 mm |
Cash burn (monthly) | 53.07 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 352.96 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 448.74 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 636 |
Opened positions | 80 |
Closed positions | 74 |
Increased positions | 212 |
Reduced positions | 249 |
13F shares | Current |
---|---|
Total value | 10.29 tn |
Total shares | 188.43 mm |
Total puts | 1.03 mm |
Total calls | 1.72 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 22.00 mm | $1.40 tn |
Adolph Coors | 21.52 mm | $826.48 mm |
BLK Blackrock | 14.80 mm | $941.11 bn |
Dodge & Cox | 14.69 mm | $934.05 bn |
Capital International Investors | 9.01 mm | $573.01 bn |
STT State Street | 8.28 mm | $526.65 bn |
LSV Asset Management | 6.52 mm | $414.53 bn |
Pentland Securities | 5.04 mm | $288.40 mm |
Clarkston Capital Partners | 4.66 mm | $296.30 bn |
Geode Capital Management | 3.99 mm | $253.40 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Herington Charles M | Class B Common Stock | Grant | Acquire A | No | No | 0 | 196 | 0.00 | 53,510 |
4 Mar 24 | Natalie G. Maciolek | Class B Common Stock | Grant | Acquire A | No | No | 0 | 4,813 | 0.00 | 23,980 |
4 Mar 24 | Natalie G. Maciolek | Employee Stock Option Class B Common Stock | Grant | Acquire A | No | No | 62.34 | 18,171 | 1.13 mm | 18,171 |
4 Mar 24 | Roxanne Stelter | Class B Common Stock | Grant | Acquire A | No | No | 0 | 702 | 0.00 | 9,547 |
4 Mar 24 | Roxanne Stelter | Employee Stock Option Class B Common Stock | Grant | Acquire A | No | No | 62.34 | 2,650 | 165.20 k | 2,650 |
4 Mar 24 | Sergey Yeskov | Class B Common Stock | Grant | Acquire A | No | No | 0 | 6,016 | 0.00 | 47,512 |
4 Mar 24 | Sergey Yeskov | Employee Stock Option Class B Common Stock | Grant | Acquire A | No | No | 62.34 | 22,714 | 1.42 mm | 22,714 |
4 Mar 24 | Jacques Michelle St. | Class B Common Stock | Grant | Acquire A | No | No | 0 | 6,016 | 0.00 | 46,275 |
4 Mar 24 | Jacques Michelle St. | Employee Stock Option Class B Common Stock | Grant | Acquire A | No | No | 62.34 | 22,714 | 1.42 mm | 22,714 |
2 Mar 24 | Roxanne Stelter | Class B Common Stock | Payment of exercise | Dispose F | No | No | 62.13 | 944 | 58.65 k | 8,845 |
News
Deutsche Bank Maintains Hold on Molson Coors Beverage, Raises Price Target to $65
17 Apr 24
Citigroup Maintains Neutral on Molson Coors Beverage, Raises Price Target to $66
16 Apr 24
Barclays Maintains Equal-Weight on Molson Coors Beverage, Raises Price Target to $67
12 Apr 24
Goldman Sachs Is Incrementally More Positive On Molson Coors & Constellation Brands: Here's Why
9 Apr 24
Analyst Ratings For Molson Coors Beverage
9 Apr 24
Press releases
Breathalyzer Market Expands with Tech Advances and Stricter Alcohol Laws
16 Apr 24
Molson Coors Beverage Company to Webcast 2024 First Quarter Earnings Conference Call
2 Apr 24
Barmen 1873 Bourbon and Country Superstar Lainey Wilson Collaborate for the Hold My Bourbon Bar Pop-Up in Nashville
20 Mar 24
FSD Pharma: A Compelling Value Proposition As UNBUZZD™ Positions To Dominate The Alcohol-Detox Functional Beverage Market
14 Mar 24
FSD Pharma's Stake In Functional Beverage, UNBUZZD™, Is A Transformational Asset…Here's Why
12 Mar 24