Molson Coors Brewing Co Class B (TAP)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 4,533,400 | 4,368,800 | 3,655,200 | 4,053,400 | 3,768,300 |
Revenue | US$ in thousands | 11,627,000 | 11,702,100 | 10,701,000 | 10,279,700 | 9,654,000 |
Gross profit margin | 38.99% | 37.33% | 34.16% | 39.43% | 39.03% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,533,400K ÷ $11,627,000K
= 38.99%
The gross profit margin of Molson Coors Brewing Co Class B has experienced some fluctuations over the past five years. Starting at 39.03% in December 2020, it increased slightly to 39.43% in December 2021. However, there was a notable decline in December 2022 to 34.16%. The margin then improved in December 2023 to 37.33% and further increased to 38.99% by December 2024. Overall, while there have been fluctuations, the gross profit margin has shown some resilience and improvement over the years, indicating the company's ability to effectively manage its cost of goods sold and generate profits from its core operations.
Peer comparison
Dec 31, 2024