Molson Coors Beverage Company

TAPNYSEConsumer Defensive● Active

$39.06

+$0.63(+1.64%)

Market Cap$7.3B

P/E Ratio—

52W High$54.82

52W Low$38.35

Avg Volume3.1M

Open$38.71

Beta0.42

Overview

Molson Coors Beverage Company (TAP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TAP · free cash flow · updated Jun 8, 2026

Core FCF metrics

TAP · FCF · TTM · margin & CAGR

Free cash flow was $1.07B for FY2025 (fiscal year ending 2025-12-31), down 13.6% year-over-year The FCF margin was 9.6%. Five-year CAGR stands at -1.0%.

FY2025 Free Cash Flow$1.07B▼ -13.6% YoY

Trailing 12M (TTM)$1.17Btrailing 4 quarters sum

FCF Margin9.6%$1.07B ÷ revenue

3-Year CAGR+8.3%FY2022 → FY2025

5-Year CAGR-1.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TAP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.78B(717M)$1.07B▼ 13.6%9.6%

FY2024$1.91B(674M)$1.24B▼ 12.2%10.6%

FY2023$2.08B(672M)$1.41B▲ +67.4%12.0%

FY2022$1.50B(661M)$840.6M▼ 20.0%7.9%

FY2021$1.57B(523M)$1.05B▼ 6.2%10.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TAP · P/FCF · FCF yield · FCF per share

Molson Coors Beverage Company (TAP) trades at a FCF yield of 15.92% and a price-to-free-cash-flow ratio of 6.5x. FCF per share stands at $5.98, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

15.92%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.98

TTM FCF ÷ Shares Outstanding

Price / FCF

x6.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x11.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TAP · cash flow statement · operating / investing / financing

For FY2025, Molson Coors Beverage Company generated $1.78B in operating cash flow and spent 717M in capital expenditures, yielding $1.07B in free cash flow.

Operating Activities

+$1.78B

Cash from core business operations

2025-12-31

Investing Activities

−$822.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.06B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.78B) − |CapEx| (717M) = FCF ($1.07B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

TAP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Molson Coors Beverage CompanyYOU

TAP

$1.07B-13.6%9.6%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Molson Coors Beverage Company (TAP) reported free cash flow of $1.07B for FY2025 (fiscal year ending 2025-12-31), down 13.6% year-over-year. The FCF margin was 9.6%.

Based on available data, Molson Coors Beverage Company has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.68B in FY2018. The 5-year CAGR stands at -1.0%.

Molson Coors Beverage Company's FCF yield is 15.92% and price-to-FCF ratio is 6.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TAP free cash flow · 8 questions

Molson Coors Beverage Company free cash flow was $1.07B for FY2025, down 13.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.17B.

TAP free cash flowTAP FCFTAP FCF 2025TAP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Molson Coors Beverage Company · Molson Coors Beverage Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026