TAP Molson Coors Beverage Dashboard

For over two centuries Molson Coors has been brewing beverages that unite people for all of life’s moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel’s Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the company’s history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well. The company’s commitment to raising industry standards and leaving a positive imprint on its employees, consumers, communities and the environment is reflected in its Imprint and its 2025 sustainability targets.

Company profile

Ticker

TAP, TAP.A

Exchange

NYSE

Website

www.molsoncoors.com/

CEO

Gavin Hattersley

Incorporated

Delaware

Location

Colorado

Fiscal year end

Dec 31

Sector

Manufacturing > Breweries

Industry (SIC)

Malt Beverages

CHINA NEW BORUN • Boston Beer • Craft Brew Alliance • NewAge • I-ON Digital • Anheuser-busch Companies • Anheuser-Busch In Bev • United Breweries • Anheuser-busch Inbev ...

Former names

COORS ADOLPH CO, MOLSON COORS BREWING CO

SEC CIK

0000024545

Corporate docs

Articles of Incorporation & Bylaws

IRS number

840178360

TAP stock data

S&P 500

1M 1Y 2Y 5Y

News

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Barley Getting By? US Beer Consumption Up 8.9% During Pandemic

7 Apr 21

In honor of the April 7 observance of National Beer Day, TOP Worldwide LLC has released a new data analysis that found American beer consumption foamed up by 8.9% during the COVID-19 pandemic.

JPMorgan's Beverage Pair Trade: Buy Keurig Dr Pepper, Sell Molson Coors

19 Mar 21

JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE:

ROCE Insights For Molson Coors Brewing

19 Mar 21

During Q4, Molson Coors Brewing (NYSE:TAP) brought in sales totaling $2.29 billion. However, earnings decreased 352.35%, resulting in a loss of $1.28 billion. Molson Coors Brewing earned $508.30 million, and sales totaled $2.75 billion in Q3.

Benzinga's Top Ratings Upgrades, Downgrades For March 19, 2021

19 Mar 21

JP Morgan Downgrades Molson Coors Beverage to Underweight, Lowers Price Target to $43

19 Mar 21

Press releases

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Molson Coors Nominates Julia M. Brown as an Independent Director to Join Its Board of Directors

8 Apr 21

The Molson Coors Beverage Company (NYSE:TAP, TSX:TPX) board of directors today announced that Julia M. Brown has been nominated as an independent director for election at the company's Annual Meeting of Stockholders on

Molson Coors Reaffirms Key Financial Guidance for Full Year 2021 and Provides an Update on the Impact of the Cybersecurity Incident and Texas Storms

26 Mar 21

Molson Coors Beverage Company (NYSE:TAP, TSX:TPX) today reaffirms key financial guidance for full year 2021 and provides an update on the impacts to its business resulting from the systems outages caused by a

Molson Coors Beverage Company to Webcast 2021 First Quarter Earnings Conference Call

26 Mar 21

Molson Coors Beverage Company (NYSE:TAP, TAP.A, TSX:TPX, TPX.A)) will host a webcast of the company's 2021 First Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m. Eastern Time (9:00

Buckle Up: Vizzy Hard Seltzer Is Dropping A New Variety Pack In March

22 Feb 21

Molson Coors Reports 2020 Fourth Quarter and Full Year Results and Reinstates Guidance for 2021

11 Feb 21

Calendar

11 Feb 21

12 Apr 21

31 Dec 21

Financial summary

Financial statements Chart TAP financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	770.1M	770.1M	770.1M	770.1M	770.1M	770.1M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	445.77M	44.14M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	1.52B	150.94M	n/a	n/a
Cash remaining	n/a	n/a	-754.16M	619.16M	n/a	n/a
Runway (months of cash)	n/a	n/a	-1.7	14.0	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

TAP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
31 Mar 21	Vachon Louis	Class B Common Stock	Grant	Aquire A	No	No	563	27,030
31 Mar 21	Nessa O'Sullivan	Class B Common Stock	Grant	Aquire A	No	No	489	6,066
31 Mar 21	Napier Iain J G	Class B Common Stock	Grant	Aquire A	No	No	489	33,451
31 Mar 21	Eaton Roger G.	Class B Common Stock	Grant	Aquire A	No	No	587	35,861
31 Mar 21	Tough Douglas D.	Class B Common Stock	Grant	Aquire A	No	No	245	24,681

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

TAP institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

87.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	513	460	+11.5%
Opened positions	107	63	+69.8%
Closed positions	54	70	-22.9%
Increased positions	169	148	+14.2%
Reduced positions	175	183	-4.4%

13F shares	Current	Prev Q	Change
Total value	11.02B	5.37B	+105.1%
Total shares	174.66M	160.05M	+9.1%
Total puts	1.9M	2.16M	-12.3%
Total calls	2.09M	1.62M	+29.1%
Total put/call ratio	0.9	1.3	-32.0%

Largest owners	Shares	Value	Change
Dodge & Cox	29.59M	$1.34B	-0.7%
Vanguard	19.21M	$868.16M	+0.1%
BLK Blackrock	14.7M	$664.24M	+4.4%
STT State Street	8.88M	$401.33M	-1.5%
Clarkston Capital Partners	7.22M	$326.25M	NEW
LSV Asset Management	5.59M	$252.69M	-4.0%
Capital International Investors	4.27M	$192.79M	+44.3%
IVZ Invesco	3.69M	$166.92M	+0.1%
Geode Capital Management	3.37M	$152.06M	+3.2%
Wellington Management	2.94M	$132.77M	+15186.8%

Largest transactions	Shares	Bought/sold	Change
Clarkston Capital Partners	7.22M	+7.22M	NEW
Wellington Management	2.94M	+2.92M	+15186.8%
Putnam Investments	390.53K	-2.16M	-84.7%
Norges Bank	1.94M	+1.94M	NEW
FMR	2.22M	+1.83M	+473.5%
Capital International Investors	4.27M	+1.31M	+44.3%
Massachusetts Financial Services	0	-943.73K	EXIT
Nitorum Capital	0	-885.88K	EXIT
DB Deutsche Bank AG - Registered Shares	1.41M	-881.36K	-38.5%
D. E. Shaw & Co.	307.96K	-813.36K	-72.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

The novel coronavirus pandemic, efforts to mitigate or disrupt the pandemic and related weak, or weakening of, economic or other negative conditions, have disrupted, and may continue to disrupt our business, which has had and could continue to have a material adverse effect on our operations, liquidity, financial condition and financial results.

Management Discussion

•In 2020, we incurred a net loss attributable to MCBC of $949.0 million compared to net income attributable to MCBC of $241.7 million in the prior year, primarily attributable to a goodwill impairment loss in our Europe segment of $1,484.3 million recorded in the fourth quarter of 2020, lower financial volume, higher tax expense driven by $135 million related to the enactment of the U.S. final hybrid regulation in the second quarter of 2020, keg sales returns and other coronavirus-related costs, partially offset by lower marketing, general and administrative expenses, an approximate $108 million year-over-year favorable variance resulting from unrealized mark-to-market changes on our commodity positions, a goodwill impairment loss in our North America segment of $668.3 million recorded in 2019 and positive pricing in North America and Europe.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-K 2020 FY