Tearsheet
Investment Highlights Market Valuation Price Chart About TAP Interactive Breakdown Better Bets vs. TAP Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Molson Coors Beverage (TAP)

Market Price (10/19/2025): $47.33 | Market Cap: $9.5 Bil
Sector: Consumer Staples | Industry: Brewers

Molson Coors Beverage (TAP)

Market Price (10/19/2025): $47.33
Market Cap: $9.5 Bil
Sector: Consumer Staples
Industry: Brewers

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 3.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 10%		 Weak multi-year price returns
2Y Excs Rtn is -68%, 3Y Excs Rtn is -80%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 60%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%		  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.5%, Rev Chg QQuarterly Revenue Change % is -1.6%
2 Low stock price volatility
Vol 12M is 25%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 3.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 10%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
2 Low stock price volatility
Vol 12M is 25%
3 Weak multi-year price returns
2Y Excs Rtn is -68%, 3Y Excs Rtn is -80%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 60%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.5%, Rev Chg QQuarterly Revenue Change % is -1.6%

Market Valuation & Key Metrics

TAPS&P 500
REVENUE GROWTHVERY POOR
Rev LTM ($ Bil)11.3
Rev Chg Q-1.6%6.1%
Rev Chg LTM-5.5%5.2%
Rev Chg 3Y Avg2.3%5.4%
PROFITABILITYFAIR
Op Inc LTM ($ Bil)1.7
Op Mgn LTM15.0%18.6%
CFO LTM ($ Bil)1.6
CFO/Rev LTM14.6%20.4%
Net Inc LTM ($ Bil)1.0
Net Inc Mgn9.2%12.7%
VALUATIONLOW
P/S0.83.2
P/CFO5.815.9
P/FCF9.920.7
P/E9.124.0
STABILITYPOOR
Debt/Equity0.670.22
Cash/Assets0.020.07

TAP Stock

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
TAP Return-15%4%14%22%-3%-15%1%
Peers Return45%-19%-7%12%-13%-5%1%
S&P 500 Return16%27%-19%24%23%13%106%

Monthly Win Rates [3]
TAP Win Rate50%50%67%67%58%33% 
Peers Win Rate58%42%44%61%47%41% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
TAP Max Drawdown-39%-3%0%-5%-18%-21% 
Peers Max Drawdown-38%-27%-23%-8%-22%-22% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: SAM, BUD, TAP. See TAP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/17/2025 (YTD)

Downturns Compared

Unique KeyEventTAPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-28.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven39.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven553 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven77.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven223 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-50.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven102.9%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-46.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven88.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1843 days1480 days


How Low Can It Go?

Molson Coors Beverage's stock fell -28.3% during the 2022 Inflation Shock from a high on 6/9/2021. A -28.3% loss requires a 39.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Better Bets than Molson Coors Beverage (TAP)

 TAPBetter Performance than TAP
MetricValueIndustry (Brewers)
Rev Chg LTM-5.5%BUD (-1.5%), SAM (2.5%)
Rev Chg 3Y Avg2.3%
Op Mgn LTM15.0%BUD (25.7%)
CFO/Rev LTM14.6%
FCF/Rev LTM8.5%SAM (10.8%)
Total Yield14.9%
 TAPBetter Performance than TAP
MetricValueAll Other Sectors
Rev Chg LTM-5.5%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg2.3%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%), META (13.0%)
Op Mgn LTM15.0%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM14.6%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), AMZN (18.1%)
FCF/Rev LTM8.5%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield14.9%BABA (37.7%), TM (2114.4%), VZ (17.3%), TD (15.4%), CMCSA (18.5%)
 Best Bets In Consumer Staples Sector
 TAPMO PM MNST PG STZ CL HSY FIZZ SMPL COCO
What You Pay           
P/E9.112.529.943.522.220.222.024.918.217.136.1
P/EBIT5.79.316.733.016.811.615.219.914.311.232.5
What You Get           
Rev Chg Q-1.6%0.2%7.1%11.1%1.7%-15.0%1.0%26.0%0.3%13.8%17.1%
Rev Chg LTM-5.5%-0.2%7.2%3.7%0.3%-5.6%0.1%2.5%0.5%14.2%12.0%
Rev Chg 3Y Avg2.3%-0.9%7.1%8.5%1.7%0.7%4.2%5.2%1.7%8.2%10.6%
FCF/Rev 3Y Avg10.0%42.7%24.4%21.4%17.7%17.0%15.4%13.9%13.9%13.8%12.1%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 8.7%, alpha of 1.4%, and sharpe of 0.5

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Molson Coors Beverage Earnings Notes  
2How Low Can Molson Coors Beverage Stock Really Go?Return 
3Molson Coors Beverage vs Charter Communications: Which Is A Better Investment?Counter-Intuitive Comparisons 
4Molson Coors Beverage vs Cal-Maine Foods: Which Is A Better Investment?Counter-Intuitive Comparisons 
5How Does Molson Coors Beverage Stock Stack Up Against Its Peers?Peer Comparison 
6Better Bet Than TAP Stock: Pay Less Than Molson Coors Beverage To Get More From UAL, IBKR   
7Better Bet Than TAP Stock: Pay Less Than Molson Coors Beverage To Get More From CALM   
8TAP Dip Buy Analysis  
9Molson Coors Beverage Total Shareholder Return (TSR): 0.5% in 2024 and 13.7% 3-yr compounded annual returns (above peer average)  
10Molson Coors Beverage (TAP) Operating Cash Flow ComparisonFinancials 
11ARTICLES  
12S&P 500 Stocks Trading At 52-Week Low September 24th, 2025
13S&P 500 Movers | Winners: TAP, STLD, JNJ | Losers: TAP, STLD, JNJ August 8th, 2025
14Market Movers | Winners: OXM, TAP, KIND | Losers: OXM, TAP, KIND August 8th, 2025
Title
0DASHBOARDS
1S&P 500 Stocks Trading At 52-Week Low
2S&P 500 Movers | Winners: TAP, STLD, JNJ | Losers: TAP, STLD, JNJ
3Market Movers | Winners: OXM, TAP, KIND | Losers: OXM, TAP, KIND
4ARTICLES
5Molson Coors Beverage Earnings Notes
6How Low Can Molson Coors Beverage Stock Really Go?
7Molson Coors Beverage vs Charter Communications: Which Is A Better Investment?
8Molson Coors Beverage vs Cal-Maine Foods: Which Is A Better Investment?
9How Does Molson Coors Beverage Stock Stack Up Against Its Peers?
10Better Bet Than TAP Stock: Pay Less Than Molson Coors Beverage To Get More From UAL, IBKR 
11Better Bet Than TAP Stock: Pay Less Than Molson Coors Beverage To Get More From CALM 
12TAP Dip Buy Analysis
13Molson Coors Beverage Total Shareholder Return (TSR): 0.5% in 2024 and 13.7% 3-yr compounded annual returns (above peer average)
14Molson Coors Beverage (TAP) Operating Cash Flow Comparison

Trade Ideas

Select past ideas related to TAP. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-0.0%-0.0%-6.0%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		4.6%4.6%0.0%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-15.9%-15.9%-21.1%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		8.3%8.3%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-12.5%-12.5%-22.4%
TAP_10312019_Dip_Buyer_FCFYield10312019TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-20.4%-31.6%-36.6%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-0.0%-0.0%-6.0%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		4.6%4.6%0.0%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-15.9%-15.9%-21.1%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		8.3%8.3%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-12.5%-12.5%-22.4%
TAP_10312019_Dip_Buyer_FCFYield10312019TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-20.4%-31.6%-36.6%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines256.7%146.9%
2NVTSNavitas Semiconductor78.1%310.6%
3SSIISS Innovations International40.1%23.4%
4FLNCFluence Energy40.0%15.4%
5BTDRBitdeer Technologies35.1%10.8%
6MVSTMicrovast34.6%181.6%
7POWIPower Integrations31.3%-25.4%
8CCOClear Channel Outdoor30.8%24.1%
9IRONDisc Medicine28.7%41.9%
10BEBloom Energy28.4%402.0%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-35.8%-48.4%
2SRRKScholar Rock-29.2%-35.4%
3AIVApartment Investment & Management-28.3%-9.0%
4ALABAstera Labs-22.5%20.6%
5BYRNByrna Technologies-19.7%-26.6%
6BWINBaldwin Insurance-19.5%-40.3%
7ONDSOndas-17.5%197.3%
8URGUr-Energy-17.4%40.0%
9IIINInsteel Industries-16.4%14.6%
10LIFLife360-16.0%112.3%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1160.2%365.5%
2PRAXPraxis Precision Medicines320.1%146.9%
3QUREuniQure293.5%228.4%
4FLNCFluence Energy131.4%15.4%
5CLPTClearPoint Neuro123.6%65.0%
6NVTSNavitas Semiconductor117.8%310.6%
7LACLithium Americas110.9%128.6%
8ASTSAST SpaceMobile101.5%295.7%
9BETRBetter Home & Finance97.8%610.2%
10GRALGRAIL97.0%337.0%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1SOCSable Offshore-50.9%-48.4%
2FLYFirefly Aerospace-41.7% 
3PGYPagaya Technologies-39.5%185.3%
4UPWheels Up Experience-37.1%-6.7%
5ALABAstera Labs-36.6%20.6%
6VGVenture Global-35.8% 
7USNAUsana Health Sciences-32.3%-41.8%
8UPSTUpstart-31.7%-24.5%
9DOMODomo-30.8%73.6%
10TROXTronox-30.6%-63.2%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines256.7%146.9%
2NVTSNavitas Semiconductor78.1%310.6%
3SSIISS Innovations International40.1%23.4%
4FLNCFluence Energy40.0%15.4%
5BTDRBitdeer Technologies35.1%10.8%
6MVSTMicrovast34.6%181.6%
7POWIPower Integrations31.3%-25.4%
8CCOClear Channel Outdoor30.8%24.1%
9IRONDisc Medicine28.7%41.9%
10BEBloom Energy28.4%402.0%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-35.8%-48.4%
2SRRKScholar Rock-29.2%-35.4%
3AIVApartment Investment & Management-28.3%-9.0%
4ALABAstera Labs-22.5%20.6%
5BYRNByrna Technologies-19.7%-26.6%
6BWINBaldwin Insurance-19.5%-40.3%
7ONDSOndas-17.5%197.3%
8URGUr-Energy-17.4%40.0%
9IIINInsteel Industries-16.4%14.6%
10LIFLife360-16.0%112.3%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Molson Coors Beverage

Financials

TAPSAMBUDMedian
NameMolson C.Boston B.Anheuser. 
Mkt Price47.33223.8362.1462.14
Mkt Cap9.52.5123.99.5
Rev LTM11,2832,05058,84811,283
Op Inc LTM1,69218315,0951,692
FCF LTM961222-591
FCF 3Y Avg1,144172-658
CFO LTM1,643286-965
CFO 3Y Avg1,817240-1,029

Growth & Margins

TAPSAMBUDMedian
NameMolson C.Boston B.Anheuser. 
Rev Chg LTM-5.5%2.5%-1.5%-1.5%
Rev Chg 3Y Avg2.3%1.6%2.2%2.2%
Rev Chg Q-1.6%1.5%-6.3%-1.6%
QoQ Delta Rev Chg LTM-0.5%0.4%-1.5%-0.5%
Op Mgn LTM15.0%8.9%25.7%15.0%
Op Mgn 3Y Avg14.1%7.3%25.3%14.1%
QoQ Delta Op Mgn LTM-0.0%0.6%0.3%0.3%
CFO/Rev LTM14.6%14.0%-14.3%
CFO/Rev 3Y Avg15.8%11.8%-13.8%
FCF/Rev LTM8.5%10.8%-9.7%
FCF/Rev 3Y Avg10.0%8.5%-9.2%

Valuation

TAPSAMBUDMedian
NameMolson C.Boston B.Anheuser. 
Mkt Cap9.52.5123.99.5
P/S0.81.22.11.2
P/EBIT5.713.68.08.0
P/E9.131.217.917.9
P/CFO5.88.7-7.2
Total Yield14.9%3.2%5.6%5.6%
Dividend Yield3.9%0.0%0.0%0.0%
FCF Yield 3Y Avg10.2%6.2%-8.2%
D/E0.70.00.00.0
Net D/E0.6-0.10.00.0

Returns

TAPSAMBUDMedian
NameMolson C.Boston B.Anheuser. 
1M Rtn0.9%0.1%6.1%0.9%
3M Rtn-4.6%16.4%-8.5%-4.6%
6M Rtn-17.9%-6.5%-3.8%-6.5%
12M Rtn-12.6%-25.1%-4.4%-12.6%
3Y Rtn7.4%-33.2%42.3%7.4%
1M Excs Rtn0.4%-0.3%5.6%0.4%
3M Excs Rtn-10.0%9.6%-14.5%-10.0%
6M Excs Rtn-44.1%-32.6%-29.9%-32.6%
12M Excs Rtn-24.8%-33.9%-18.1%-24.8%
3Y Excs Rtn-79.9%-125.5%-44.1%-79.9%

Comparison Analyses

Title
0How Does Molson Coors Beverage Stock Stack Up Against Its Peers?
1SAM Could Deliver 18% Returns And Outperform TAP
2With 13% Gains On The Table, HLF May Outshine TAP
3TAP or KDP - With 24% Return Forecast, KDP Probably Deserves Your Money
4Molson Coors Brewing vs. Fiserv: With Return Forecast Of 87%, Molson Coors Brewing Is A Better Bet
5Molson Coors Brewing vs. NextEra Energy: With Return Forecast Of 87%, Molson Coors Brewing Is A Better Bet
6Molson Coors Brewing vs. Sherwin-Williams: With Return Forecast Of 87%, Molson Coors Brewing Is A Better Bet
7Molson Coors Brewing vs. Constellation Brands: With Return Forecast Of 13%, Molson Coors Brewing Is A Better Bet
8Molson Coors Brewing vs. Intuitive Surgical: With Return Forecast Of 39%, Intuitive Surgical Is A Better Bet
9Molson Coors Brewing vs. Nike: With Return Forecast Of 14%, Molson Coors Brewing Is A Better Bet

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/5/20255/8/20252/18/202511/8/20248/6/20244/30/20242/20/202411/2/20238/1/20235/2/20232/21/202311/1/2022
Key Financials Quarterly            
Total Revenue3,2012,3042,7363,0433,2522,5962,7913,2983,2672,3462,6302,935
Ebitda759378605693769478422768652327-331494
Operating Income589198388518601309350599484156348324
Net Income42912128820042720810343134272-590216
EPS2.140.601.400.962.030.980.481.991.580.33-2.731.00
Key Financials TTM            
Total Revenue TTM11,28311,33511,62711,68211,93811,95211,70211,54111,17810,83310,70110,691
Ebitda TTM2,4352,4452,5452,3622,4372,3202,1691,4171,1437748731,578
Operating Income TTM1,6921,7051,8161,7781,8601,7421,5891,5871,3129401,036880
Net Income TTM1,0371,0361,1229381,1691,08494925541-254-175495
Growth Rates Quarterly            
Total Revenue Growth-1.6%-11.3%-2.0%-7.8%-0.4%10.7%6.1%12.4%11.8%5.9%0.4%4.0%
EBITDA Growth-1.3%-20.9%43.5%-9.8%17.9%46.1%227.4%55.5%129.6%-23.2%-188.4%-32.3%
Operating Income Growth-2.1%-36.0%10.9%-13.6%24.3%98.4%0.5%85.2%330.6%-38.2%81.2%-38.8%
Net Income Growth0.4%-41.8%178.6%-53.6%24.7%186.6%117.5%99.0%623.9%-52.1%-838.1%-52.2%
Margins Quarterly            
EBITDA Margin23.7%16.4%22.1%22.8%23.6%18.4%15.1%23.3%20.0%13.9%-12.6%16.8%
Operating Income Margin18.4%8.6%14.2%17.0%18.5%11.9%12.5%18.2%14.8%6.6%13.2%11.0%
Net Income Margin13.4%5.3%10.5%6.6%13.1%8.0%3.7%13.1%10.5%3.1%-22.5%7.4%
Cash & Debt            
Total Cash6144139691,0221,647458869802961328600525
Total Debt6,3196,2386,1936,2417,0566,2186,2716,1806,6156,5906,6076,588
Net Debt / (Cash)5,7065,8255,2245,2195,4085,7595,4025,3785,6546,2626,0076,062
Cash Flows Quarterly            
FCF from Operations718-91494521869254747108913384451
Cash Flows TTM            
FCF from Operations TTM1,6431,7941,9101,8902,0792,1012,0791,9891,7301,6251,5021,423
Returns to Shareholders Quarterly            
Dividends949990919297888889908282
Share Repurchases24760206622621141453412151313
Return on Invested Capital (ROIC) Quarterly            
ROIC20.3%6.8%15.1%15.3%19.1%9.4%8.6%18.0%13.8%3.9%12.3%9.3%
Return on Invested Capital (ROIC) TTM            
ROIC TTM14.7%14.2%16.1%13.9%14.9%12.9%11.7%7.5%2.3%8.1%9.2%6.3%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment11,70210,70110,2809,65410,579
Total11,70210,70110,2809,65410,579


Price Behavior

TAP Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.220.600.680.350.350.42
Up Beta0.841.761.310.370.330.43
Down Beta0.41-0.050.040.170.250.34
Up Capture-103%-1%28%9%20%12%
Bmk +ve Days13233574144420
Stock +ve Days7193156119377
Down Capture169%84%103%88%68%76%
Bmk -ve Days8192952107330
Stock -ve Days14233367128370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity16,986,583
Short Interest: % Change Since 91520251.3%
Average Daily Volume3,122,867
Days-to-Cover Short Interest5.44
Basic Shares Quantity200,500,000
Short % of Basic Shares8.5%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/5/20251.3%3.5%3.4%
5/8/2025-4.5%-2.4%-7.7%
2/13/20259.5%13.0%12.4%
11/7/20240.4%13.0%8.9%
8/6/20245.4%1.7%9.9%
4/30/2024-9.9%-9.9%-16.6%
2/13/2024-1.3%1.0%7.4%
11/2/2023-0.6%1.4%7.1%
...
SUMMARY STATS   
# Positive111313
# Negative121010
Median Positive3.1%3.7%8.9%
Median Negative-4.5%-6.1%-8.5%
Max Positive9.5%13.3%42.2%
Max Negative-11.2%-18.4%-33.1%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025805202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024218202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024806202410-Q 6/30/2024
3312024430202410-Q 3/31/2024
12312023220202410-K 12/31/2023
93020231102202310-Q 9/30/2023
6302023801202310-Q 6/30/2023
3312023502202310-Q 3/31/2023
12312022221202310-K 12/31/2022
93020221101202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021223202210-K 12/31/2021
93020211028202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Winnefeld James A Jr5092025Buy54.0020010,8001,034,964Form
1Whitehead Philip MPres&CEO, MCBC EMEA&APAC3142025Sell59.613,491208,099575,415Form

External Quote Links


Prefer one of these to Trefis? Tell us why.