Docoh
Loading...

TAP Molson Coors Beverage

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
CEO
Gavin Hattersley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
COORS ADOLPH CO, MOLSON COORS BREWING CO
SEC CIK
IRS number
840178360

TAP stock data

(
)

Calendar

11 Feb 21
12 Apr 21
31 Dec 21
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

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
31 Mar 21 Vachon Louis Class B Common Stock Grant Aquire A No No 0 563 0 27,030
31 Mar 21 Nessa O'Sullivan Class B Common Stock Grant Aquire A No No 0 489 0 6,066
31 Mar 21 Napier Iain J G Class B Common Stock Grant Aquire A No No 0 489 0 33,451
31 Mar 21 Eaton Roger G. Class B Common Stock Grant Aquire A No No 0 587 0 35,861
31 Mar 21 Tough Douglas D. Class B Common Stock Grant Aquire A No No 0 245 0 24,681

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%

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
New words: abbreviated, absent, absenteeism, agave, ahead, amidst, appellate, argument, assent, barely, Bay, beloved, biggest, Bodega, bold, border, Bucharest, cannabidiol, cannabinoid, CBD, CCFF, chart, Chico, Circuit, CIT, cloth, cocktail, colder, compliant, Conversely, covenant, COVID, deadline, dealer, Deed, deferral, demonstrate, departure, DGY, diagnosed, difficulty, discourage, Discovery, disease, disinfect, disproportional, drawback, efficacy, EHS, elapse, eleven, endorsed, England, entertainment, entirety, entrant, ERISA, essential, experiential, explore, fear, festival, forfeiture, forum, gap, gender, grain, guide, healthcare, healthy, HM, hour, hybrid, hygiene, ill, inaccessible, incapacitated, incurrence, indemnification, indenture, infection, interconnected, investigating, jury, kombucha, lag, laying, left, LGBTQ, liter, lockdown, log, majeure, mask, meaningfully, medium, mindful, monetization, morale, narrowing, NCD, newer, noncurrent, nonrecurring, Obligor, onboarding, online, Op, opposition, outbreak, outdoor, outsized, overarching, oversee, pace, pandemic, paragraph, persist, phenomenal, philosophy, port, precautionary, preceding, preclude, predominately, preemptive, premise, preserving, presidential, proactive, progressed, Proof, protracted, quarantine, quota, race, rail, reinstate, remote, remotely, reply, reset, restore, rooted, RTD, sanitization, satisfactory, seating, shopping, Slip, Slovenia, societal, Son, staged, steadily, steady, strained, stricken, stricter, sublease, subordinated, subtenant, Superbird, suspected, tall, tariff, tasked, taxation, temperature, tempered, THC, thereunder, threat, tomorrow, Topo, track, tracked, traffic, travel, treaty, truck, trucking, TYC, unallocated, understood, unpaid, unpredictable, unsubordinated, untapped, upturn, vaccine, variance, variation, Veryvell, vi, viability, virtual, war, wave, winning, workplace, young, Yuengling, ZOA
Removed: add, arbitration, Archer, Arnold, Aspall, bear, Bihar, campaign, champion, chill, closing, Colombia, community, comparability, composition, consecutive, contingency, Diable, dispose, Doom, Dow, du, Eastern, gained, GILTI, greenhouse, grew, Haryana, Henry, Le, leasing, low, mandatorily, MCI, modify, November, offering, optimization, Overview, owed, Palmer, Paraguay, Plovdiv, predominantly, premiumization, preparing, privately, pronouncement, Puerto, Punjab, redeemable, remained, repurchased, revisit, Rico, ruled, Russia, SABMiller, Saint, Singha, slight, smoking, Spain, specialty, Spiked, sponsored, starch, Street, sum, supplier, suspend, Sweden, thereto, Thunderbolt, title, trailing, Transitional, transitioned, transparency, triennial, Trou, Ukraine, underway, validity, Zambia, Zima