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)
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
Molson Coors Beverage Company Reports 2024 First Quarter Results
30 Apr 24
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
Transcripts
TAP
Earnings call transcript
2024 Q1
30 Apr 24
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
Latest ownership filings
Financial summary
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm |
Cash burn (monthly) | 136.83 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 230.49 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 227.91 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 537 |
Opened positions | 77 |
Closed positions | 178 |
Increased positions | 205 |
Reduced positions | 173 |
13F shares | Current |
---|---|
Total value | 6.58 tn |
Total shares | 139.22 mm |
Total puts | 108.10 k |
Total calls | 50.20 k |
Total put/call ratio | 2.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.92 mm | $1.34 tn |
Adolph Coors | 21.52 mm | $826.48 mm |
Dodge & Cox | 14.65 mm | $896.85 bn |
Capital International Investors | 8.75 mm | $535.82 bn |
STT State Street | 8.56 mm | $523.84 bn |
Pentland Securities | 5.04 mm | $288.40 mm |
MS Morgan Stanley | 3.22 mm | $196.92 bn |
IVZ Invesco | 3.10 mm | $189.58 bn |
Marshall Wace | 2.88 mm | $176.12 bn |
Pacer Advisors | 2.14 mm | $131.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | Molson Andrew Thomas | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,873 | 0.00 | 15,003 |
16 May 24 | MaryLynn FergusonMchugh | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,873 | 0.00 | 25,714 |
16 May 24 | Timm Jill | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,873 | 0.00 | 3,970 |
16 May 24 | Leroy James Williams Jr | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,873 | 0.00 | 8,396 |
16 May 24 | Julia M Brown | Class B Common Stock | Grant | Acquire A | No | No | 0 | 2,873 | 0.00 | 11,557 |
News
Boston Beer Company Gets A Spicy Buy Upgrade From Analyst Amid Other Beer Brands - Read Why
14 May 24
Barclays Maintains Equal-Weight on Molson Coors Beverage, Lowers Price Target to $62
2 May 24
Top 4 Defensive Stocks You'll Regret Missing This Quarter
2 May 24
Forecasting The Future: 12 Analyst Projections For Molson Coors Beverage
1 May 24
Citigroup Maintains Sell on Molson Coors Beverage, Lowers Price Target to $53
1 May 24
Press releases
Molson Coors Beverage Company Announces Regular Quarterly Dividend
16 May 24
Molson Coors Beverage Company Reports 2024 First Quarter Results
30 Apr 24
Breathalyzer Market Booms with Technological Advances; Key to Reducing Alcohol-Related Road Deaths
25 Apr 24
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