| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $11,724 | $12,450 | $12,808 | $13,885 | $13,734 | $13,040 |
| Gross Margins | 32% | 33% | 28% | 31% | 33% | 33% |
| Net Margins | -8% | 8% | -1% | 7% | 8% | -16% |
| Net Income (M) | -$949 | $1,006 | -$175 | $949 | $1,122 | -$2,140 |
| Net Interest Expense (M) | $275 | $260 | $251 | $234 | $295 | $256 |
| Depreciation & Amort. (M) | $702 | $568 | $477 | $476 | $553 | $505 |
| Diluted Shares (M) | 217 | 218 | 217 | 217 | 210 | 199 |
| Earnings Per Share | -$4.38 | $4.62 | -$0.81 | $4.37 | $5.35 | -$10.75 |
| EPS Growth | n/a | 205.48% | -117.53% | 639.51% | 22.43% | -300.93% |
| Avg. Price | $39.46 | $47.14 | $50.31 | $61.21 | $57.1 | $42.53 |
| P/E Ratio | -9.01 | 10.16 | -62.11 | 13.94 | 10.61 | -3.96 |
| Free Cash Flow (M) | $1,121 | $1,051 | $841 | $1,408 | $1,236 | $1,068 |
| CAPEX (M) | $575 | $523 | $661 | $672 | $674 | $717 |
| EV / EBITDA | 58.01 | 8.53 | 26.11 | 9.74 | 7.22 | -8.73 |
| Total Debt (M) | $9,234 | $7,670 | $6,938 | $7,114 | $6,158 | $8,694 |
| Net Debt / EBITDA | 28.88 | 3.48 | 9.99 | 3.26 | 2.25 | -4.26 |
| Current Ratio | 0.62 | 0.77 | 0.78 | 0.7 | 0.94 | 0.55 |
Molson Coors Beverage Company, a leading global brewer with a diverse portfolio of iconic and beloved brands, appears to be fairly valued based on its financial performance and market position. The company has experienced declining earnings per share over the past six years, with an annualized growth rate of -16.1%. The operating margins of Molson Coors Beverage stand at -17.9%, which is below the sector average, but with a modest growth rate of 2.5%. Additionally, the company's annual revenues are $13.04 billion, with a yearly growth rate of 1.5%.
Molson Coors Beverage has been making significant capital expenditures, with a growth rate of 5.5%, indicating substantial reinvestment of profits into the business. The company has a history of consistent dividends over the last 17 years, offering a current yield of 4.4%. Furthermore, its Long Term Debt/Equity ratio of 0.61 indicates healthy debt levels, and the Price to Book Ratio of 0.77 is notably low compared to the industry average.
However, there are some concerns. The company's current ratio of 0.55 indicates that its current assets of $2.94 billion are insufficient to cover its current liabilities of $5.31 billion, which could raise liquidity issues. Moreover, the P/E ratio is not meaningful due to negative trailing twelve-month earnings per share, but the forward P/E ratio of 8.2 based on the company's expected positive earnings of $5.01 shows promise. Additionally, Molson Coors Beverage has generated a decent average free cash flow of $1.12 billion over the last 5 years, with a compounded average growth rate of -0.3%.
