Molson Coors Brewing Co Class B (TAP)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,368,800 | 4,259,500 | 3,897,000 | 3,498,100 | 3,655,200 | 3,588,800 | 3,798,700 | 4,250,200 | 4,053,400 | 4,091,300 | 4,100,200 | 3,875,500 | 3,768,300 | 3,839,300 | 3,793,000 | 3,934,700 | 4,201,200 | 4,057,700 | 4,121,700 | 4,279,300 |
| Revenue (ttm) | US$ in thousands | 25,467,000 | 25,112,400 | 24,361,000 | 23,646,400 | 23,380,700 | 23,418,000 | 23,223,500 | 23,303,800 | 20,764,200 | 17,795,400 | 14,915,700 | 11,442,100 | 11,723,800 | 12,037,000 | 12,156,600 | 12,746,800 | 13,009,100 | 12,942,500 | 13,069,600 | 13,270,100 |
| Gross profit margin | 17.15% | 16.96% | 16.00% | 14.79% | 15.63% | 15.32% | 16.36% | 18.24% | 19.52% | 22.99% | 27.49% | 33.87% | 32.14% | 31.90% | 31.20% | 30.87% | 32.29% | 31.35% | 31.54% | 32.25% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,368,800K ÷ $25,467,000K
= 17.15%
Molson Coors Beverage Company's gross profit margin has shown fluctuations over the past eight quarters. The trend indicates a gradual decline from Q1'22 to Q4'22 followed by a slight increase in Q1'23, before decreasing again in subsequent quarters. Despite the variations, the company has generally maintained a gross profit margin ranging from 32.29% to 40.11%. These fluctuations may be influenced by factors such as changes in input costs, pricing strategies, or shifts in consumer preferences. Further analysis of the company's cost structure and revenue streams could provide additional insight into the drivers behind the observed changes in gross profit margin.
Peer comparison
Dec 31, 2023