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Molson Coors Beverage Company

TAP
31
Beverages - Alcoholic · Consumer Defensive
Price
$40.93
-0.85 (-2.03%)
Market Cap
$7.68B
Winston Score
31
Winston is serious
Below-average fundamentals — multiple weak pillars.

Share count falling — buybacks

10.1% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 217.6M (2021) → 195.7M (2025)

Molson Coors Beverage Company makes and sells beer and other drinks. Its most well-known brands include Coors Light, Miller Lite, Molson Canadian, and Blue Moon. The company sells mostly to bars, restaurants, grocery stores, and liquor retailers across North America and Europe.

Molson Coors earns money by brewing and selling its beverages to distributors, who then sell them to stores and venues. It operates primarily in the United States, Canada, and Europe, making it one of the largest beer companies in the world by volume. The company has a strong moat from its well-known brand names and its wide distribution network, which are difficult for new competitors to replicate. However, the biggest risk it faces is the long-term decline in traditional beer consumption, as more consumers shift toward spirits, wine, hard seltzers, and non-alcoholic options — a trend that puts steady pressure on its core business.

Winston Score History

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+2.0% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+33.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (2%)

Research and development spending

Insider Activity

10.3%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~5 months

$383M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Molson Coors Beverage Company has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Gross Margin
38.2%
Modest — 38.2% gross margin
Operating Margin
11.0%
Modest — 11.0% operating margin
ROCE
1.6%
Weak — 1.6% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales YoY
-1.3%
Shrinking sales (-1.3% YoY)
EPS YoY
-313.5%
Earnings shrinking (-313.5% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
10.4%
Modest free cash flow (10.4%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

Debt / Equity
0.62
Moderate — manageable debt (0.62)
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Dividend Yield
4.78%
Healthy income — 4.78% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend Growth
+4.4%
Dividend growing modestly (4.4% YoY)

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