Molson Coors Beverage Co
NYSE:TAP
Income Statement
Earnings Waterfall
Molson Coors Beverage Co
Revenue
|
12B
USD
|
Cost of Revenue
|
-7.4B
USD
|
Gross Profit
|
4.6B
USD
|
Operating Expenses
|
-2.8B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
-657.9m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
Molson Coors Beverage Co
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 194
N/A
|
4 204
+0%
|
4 201
0%
|
4 146
-1%
|
4 030
-3%
|
3 848
-5%
|
3 697
-4%
|
3 568
-3%
|
3 525
-1%
|
3 505
-1%
|
3 435
-2%
|
4 885
+42%
|
6 677
+37%
|
8 782
+32%
|
10 717
+22%
|
11 003
+3%
|
10 886
-1%
|
10 880
0%
|
10 931
+0%
|
10 770
-1%
|
10 741
0%
|
10 605
-1%
|
10 512
-1%
|
10 579
+1%
|
10 379
-2%
|
9 934
-4%
|
9 846
-1%
|
9 654
-2%
|
9 450
-2%
|
9 886
+5%
|
9 955
+1%
|
10 280
+3%
|
10 596
+3%
|
10 578
0%
|
10 691
+1%
|
10 701
+0%
|
10 833
+1%
|
11 178
+3%
|
11 541
+3%
|
11 702
+1%
|
11 952
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 522)
|
(2 521)
|
(2 518)
|
(2 493)
|
(2 425)
|
(2 322)
|
(2 241)
|
(2 132)
|
(2 091)
|
(2 073)
|
(2 029)
|
(2 999)
|
(3 957)
|
(5 151)
|
(6 198)
|
(6 237)
|
(6 400)
|
(6 384)
|
(6 509)
|
(6 585)
|
(6 462)
|
(6 483)
|
(6 454)
|
(6 378)
|
(6 444)
|
(6 141)
|
(6 007)
|
(5 886)
|
(5 574)
|
(5 785)
|
(5 864)
|
(6 226)
|
(6 346)
|
(6 780)
|
(7 102)
|
(7 046)
|
(7 335)
|
(7 281)
|
(7 281)
|
(7 333)
|
(7 391)
|
|
Gross Profit |
1 672
N/A
|
1 683
+1%
|
1 683
+0%
|
1 653
-2%
|
1 605
-3%
|
1 526
-5%
|
1 456
-5%
|
1 436
-1%
|
1 434
0%
|
1 432
0%
|
1 407
-2%
|
1 886
+34%
|
2 719
+44%
|
3 631
+34%
|
4 519
+24%
|
4 766
+5%
|
4 486
-6%
|
4 496
+0%
|
4 422
-2%
|
4 185
-5%
|
4 279
+2%
|
4 122
-4%
|
4 058
-2%
|
4 201
+4%
|
3 935
-6%
|
3 793
-4%
|
3 839
+1%
|
3 768
-2%
|
3 876
+3%
|
4 100
+6%
|
4 091
0%
|
4 053
-1%
|
4 250
+5%
|
3 799
-11%
|
3 589
-6%
|
3 655
+2%
|
3 498
-4%
|
3 897
+11%
|
4 260
+9%
|
4 369
+3%
|
4 562
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 173)
|
(1 172)
|
(1 175)
|
(1 176)
|
(1 152)
|
(1 119)
|
(1 094)
|
(1 037)
|
(1 049)
|
(1 079)
|
(1 093)
|
(1 597)
|
(1 693)
|
(2 354)
|
(3 016)
|
(3 052)
|
(3 028)
|
(2 990)
|
(2 920)
|
(2 803)
|
(2 777)
|
(2 802)
|
(2 778)
|
(2 728)
|
(2 703)
|
(2 457)
|
(2 402)
|
(2 437)
|
(2 350)
|
(2 507)
|
(2 538)
|
(2 555)
|
(2 687)
|
(2 713)
|
(2 708)
|
(2 619)
|
(2 558)
|
(2 585)
|
(2 672)
|
(2 780)
|
(2 820)
|
|
Selling, General & Administrative |
(1 173)
|
(1 172)
|
(1 175)
|
(1 175)
|
(1 152)
|
(1 119)
|
(1 094)
|
(1 038)
|
(1 049)
|
(1 079)
|
(1 093)
|
(1 597)
|
(2 052)
|
(2 520)
|
(3 025)
|
(3 052)
|
(3 028)
|
(2 990)
|
(2 920)
|
(2 803)
|
(2 777)
|
(2 802)
|
(2 778)
|
(2 728)
|
(2 648)
|
(2 348)
|
(2 237)
|
(2 217)
|
(2 131)
|
(2 288)
|
(2 319)
|
(2 337)
|
(2 471)
|
(2 499)
|
(2 496)
|
(2 411)
|
(2 352)
|
(2 380)
|
(2 467)
|
(2 573)
|
(2 611)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(55)
|
(110)
|
(165)
|
(220)
|
(220)
|
(220)
|
(218)
|
(218)
|
(217)
|
(214)
|
(212)
|
(208)
|
(206)
|
(205)
|
(206)
|
(207)
|
(209)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
359
|
167
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
499
N/A
|
511
+2%
|
508
-1%
|
478
-6%
|
454
-5%
|
407
-10%
|
362
-11%
|
398
+10%
|
385
-3%
|
353
-8%
|
314
-11%
|
289
-8%
|
1 026
+255%
|
1 277
+24%
|
1 503
+18%
|
1 714
+14%
|
1 458
-15%
|
1 506
+3%
|
1 502
0%
|
1 382
-8%
|
1 503
+9%
|
1 320
-12%
|
1 280
-3%
|
1 473
+15%
|
1 232
-16%
|
1 336
+8%
|
1 438
+8%
|
1 331
-7%
|
1 525
+15%
|
1 593
+4%
|
1 554
-2%
|
1 499
-4%
|
1 563
+4%
|
1 086
-31%
|
880
-19%
|
1 036
+18%
|
940
-9%
|
1 312
+40%
|
1 587
+21%
|
1 589
+0%
|
1 742
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
411
|
443
|
441
|
422
|
431
|
454
|
443
|
410
|
408
|
363
|
366
|
264
|
(295)
|
(324)
|
(355)
|
(351)
|
(338)
|
(325)
|
(320)
|
(330)
|
(297)
|
(301)
|
(311)
|
(293)
|
(328)
|
(317)
|
(308)
|
(269)
|
(265)
|
(263)
|
(259)
|
(266)
|
(256)
|
(252)
|
(247)
|
(242)
|
(234)
|
(221)
|
(206)
|
(197)
|
(190)
|
|
Non-Reccuring Items |
(144)
|
(154)
|
(354)
|
(313)
|
(374)
|
(394)
|
(320)
|
(347)
|
(230)
|
(230)
|
68
|
2 533
|
2 418
|
2 436
|
2 427
|
(36)
|
285
|
291
|
259
|
250
|
(78)
|
(18)
|
(684)
|
(709)
|
(782)
|
(897)
|
(253)
|
(1 740)
|
(1 665)
|
(1 609)
|
(1 547)
|
(45)
|
(61)
|
(53)
|
(50)
|
(884)
|
(857)
|
(856)
|
(874)
|
(163)
|
(156)
|
|
Gain/Loss on Disposition of Assets |
22
|
22
|
22
|
0
|
0
|
3
|
3
|
1
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
3
|
2
|
1
|
0
|
0
|
0
|
1
|
(6)
|
(21)
|
(36)
|
(59)
|
(52)
|
5
|
29
|
60
|
57
|
55
|
51
|
52
|
46
|
57
|
60
|
58
|
9
|
18
|
19
|
23
|
34
|
45
|
42
|
44
|
50
|
41
|
38
|
28
|
26
|
17
|
17
|
16
|
23
|
20
|
|
Pre-Tax Income |
791
N/A
|
823
+4%
|
618
-25%
|
586
-5%
|
510
-13%
|
471
-8%
|
489
+4%
|
456
-7%
|
543
+19%
|
450
-17%
|
689
+53%
|
3 054
+344%
|
3 154
+3%
|
3 418
+8%
|
3 635
+6%
|
1 383
-62%
|
1 460
+6%
|
1 523
+4%
|
1 492
-2%
|
1 360
-9%
|
1 184
-13%
|
1 061
-10%
|
343
-68%
|
480
+40%
|
140
-71%
|
141
+1%
|
900
+538%
|
(644)
N/A
|
(359)
+44%
|
(238)
+34%
|
(208)
+13%
|
1 239
N/A
|
1 286
+4%
|
819
-36%
|
611
-25%
|
(63)
N/A
|
(134)
-115%
|
252
N/A
|
523
+108%
|
1 253
+140%
|
1 416
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(87)
|
(93)
|
(57)
|
(69)
|
(77)
|
(99)
|
(71)
|
(62)
|
(65)
|
(28)
|
(75)
|
(1 454)
|
(1 504)
|
(1 608)
|
(1 735)
|
(362)
|
(371)
|
(338)
|
(256)
|
(225)
|
(183)
|
(161)
|
(187)
|
(234)
|
(158)
|
(292)
|
(306)
|
(302)
|
(389)
|
(317)
|
(240)
|
(231)
|
(223)
|
(97)
|
(125)
|
(124)
|
(116)
|
(204)
|
(262)
|
(296)
|
(323)
|
|
Income from Continuing Operations |
705
|
730
|
561
|
517
|
433
|
372
|
418
|
395
|
478
|
422
|
614
|
1 600
|
1 651
|
1 810
|
1 899
|
1 021
|
1 088
|
1 184
|
1 237
|
1 135
|
1 001
|
901
|
156
|
246
|
(18)
|
(151)
|
594
|
(946)
|
(748)
|
(555)
|
(448)
|
1 009
|
1 064
|
721
|
486
|
(187)
|
(251)
|
48
|
261
|
956
|
1 093
|
|
Income to Minority Interest |
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(3)
|
(3)
|
(3)
|
(2)
|
(5)
|
(6)
|
(12)
|
(15)
|
(20)
|
(22)
|
(20)
|
(22)
|
(23)
|
(18)
|
(11)
|
(6)
|
(2)
|
(5)
|
(8)
|
(10)
|
(10)
|
(3)
|
0
|
1
|
4
|
(3)
|
9
|
10
|
10
|
11
|
(4)
|
(7)
|
(6)
|
(8)
|
(9)
|
|
Net Income (Common) |
702
N/A
|
726
+3%
|
557
-23%
|
514
-8%
|
432
-16%
|
370
-14%
|
421
+14%
|
395
-6%
|
477
+21%
|
420
-12%
|
606
+44%
|
1 594
+163%
|
1 640
+3%
|
1 797
+10%
|
1 882
+5%
|
1 566
-17%
|
1 635
+4%
|
1 729
+6%
|
1 781
+3%
|
1 117
-37%
|
990
-11%
|
895
-10%
|
154
-83%
|
242
+57%
|
(27)
N/A
|
(161)
-503%
|
585
N/A
|
(949)
N/A
|
(748)
+21%
|
(554)
+26%
|
(444)
+20%
|
1 006
N/A
|
1 073
+7%
|
732
-32%
|
495
-32%
|
(175)
N/A
|
(254)
-45%
|
41
N/A
|
255
+525%
|
949
+272%
|
1 084
+14%
|
|
EPS (Diluted) |
3.79
N/A
|
3.91
+3%
|
3
-23%
|
2.76
-8%
|
2.29
-17%
|
1.98
-14%
|
2.26
+14%
|
2.12
-6%
|
2.32
+9%
|
1.94
-16%
|
2.8
+44%
|
7.47
+167%
|
7.59
+2%
|
8.3
+9%
|
8.69
+5%
|
7.21
-17%
|
7.54
+5%
|
7.98
+6%
|
8.22
+3%
|
5.15
-37%
|
4.57
-11%
|
4.13
-10%
|
0.71
-83%
|
1.11
+56%
|
-0.13
N/A
|
-0.75
-477%
|
2.69
N/A
|
-4.38
N/A
|
-3.45
+21%
|
-2.56
+26%
|
-2.04
+20%
|
4.62
N/A
|
4.93
+7%
|
3.36
-32%
|
2.27
-32%
|
-0.81
N/A
|
-1.18
-46%
|
0.17
N/A
|
1.16
+582%
|
4.37
+277%
|
5.06
+16%
|