← BackMOLSON COORS BEVERAGE CO · Malt BeveragesTAP
Moderate riskNext report: In 7 days (est.)
The short versionA company still losing money with steady sales. Institutions are adding.
Going well
- Raised its dividend (4.7% yield)
- Buying back shares: share count down 8.2% in 3 years
Watch out for
- Losing money
- Bills due within a year exceed short-term assets
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 11% to their holdings in the quarter ending June 2026 (334 bought, 290 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$40.00-2.9% that day
- Dividend yield
- 4.7%
- Yearly dividend as a share of today's price
From TAP's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$3.6B+34% vs a year earlier
Jun '23Tap a barJun '26
Last 12 months: $14.0B, up 4.3% from the 12 months before. Over 5 years, sales grew about 2.2% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-18.3%
- MissDebt under half of equityNot relying on borrowed money.0.61x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-16.4%
- MissProfitable every yearSteady profits, not one good year.7 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.8B
- PassShare count not growingNot diluting owners. Falling means buybacks.-8.2% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.32.8%
- Revenue
- $13.0B
- -5.1% vs prior year
- 5-year growth
- +2.2%/yr
- revenue, per year
- Total debt
- $6.3B
- 0.61x equity
- Current ratio
- 0.55x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $3.6B
- -3.6% YoY
- EPS
- $1.23
- vs $2.13
- Op. margin
- 9.2%
- -6.4 pts
- Gross margin
- 29.5%
- -4.8 pts
- Share count
- -6.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+11.3%Institutions added 11.3% to their holdings. 334 bought, 290 sold.
Shares held by institutions187.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.8%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.8x · $7.7B debtShares outstandingLatest reported
0Why moderate risk- Losing money
- Bills due within a year exceed short-term assets
- 2 offering filings in 6 months (may sell new shares)
Next reportIn 7 days (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedApr 30
- Results filedFeb 18
- Results filedNov 4, 2025
- Results filedAug 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.