Molson Coors Beverage Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.04B | $13.73B | $13.88B | $12.81B | $12.45B | $11.72B | $13.01B | $13.34B |
| Cost of Revenue | $6.87B | $7.09B | $7.33B | $7.05B | $6.23B | $5.89B | $6.38B | $6.58B |
| Gross Profit | $4.27B | $4.53B | $4.37B | $3.66B | $4.05B | $3.77B | $4.20B | $4.18B |
| Gross Margin | 32.8% | 33.0% | 31.5% | 28.5% | 32.6% | 32.1% | 32.3% | 31.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.64B | $2.72B | $2.78B | $2.62B | $2.55B | $2.44B | $2.73B | $2.80B |
| Operating Income | $-2.34B | $1.75B | $1.44B | $157.5M | $1.45B | $-408.9M | $764.4M | $1.63B |
| Operating Margin | -17.9% | 12.8% | 10.4% | 1.2% | 11.7% | -3.5% | 5.9% | 12.2% |
| Interest Expense | — | — | $234.0M | $250.6M | $260.3M | $274.6M | $280.9M | $306.2M |
| Pretax Income | $-2.52B | $1.50B | $1.25B | $-62.5M | $1.24B | $-643.9M | $479.9M | $1.36B |
| Income Tax Expense | $-337.8M | $345.3M | $296.1M | $124.0M | $230.5M | $301.8M | $233.7M | $225.2M |
| Net Income | $-2.14B | $1.12B | $948.9M | $-175.3M | $1.01B | $-949.0M | $241.7M | $1.12B |
| Net Margin | -16.4% | 8.2% | 6.8% | -1.4% | 8.1% | -8.1% | 1.9% | 8.4% |
| EPS (Basic) | $-10.75 | $5.38 | $4.39 | $-0.81 | $4.63 | $-4.38 | $1.12 | $5.17 |
| EPS (Diluted) | $-10.75 | $5.35 | $4.37 | $-0.81 | $4.62 | $-4.38 | $1.11 | $5.15 |
| Shares Outstanding (Basic) | 199.1M | 208.8M | 216.0M | 216.9M | 217.1M | 216.8M | 216.6M | 216.0M |
| Shares Outstanding (Diluted) | 199.1M | 209.9M | 217.3M | 216.9M | 217.6M | 216.8M | 216.9M | 216.6M |
| Dividends Per Share | $1.88 | $1.76 | $1.64 | $1.52 | $0.68 | $0.57 | $1.96 | $1.64 |