Molson Coors Brewing Co Class B (TAP)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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Gross profit (ttm) | US$ in thousands | 4,462,400 | 4,457,900 | 4,601,600 | 4,561,600 | 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 |
Revenue (ttm) | US$ in thousands | 11,627,000 | 11,682,200 | 11,937,900 | 11,952,200 | 11,702,100 | 11,540,800 | 11,177,600 | 10,832,700 | 10,701,000 | 10,690,700 | 10,578,200 | 10,595,900 | 10,279,700 | 9,954,800 | 9,885,600 | 9,449,600 | 9,654,000 | 9,845,900 | 9,934,000 | 10,378,900 |
Gross profit margin | 38.38% | 38.16% | 38.55% | 38.17% | 37.33% | 36.91% | 34.86% | 32.29% | 34.16% | 33.57% | 35.91% | 40.11% | 39.43% | 41.10% | 41.48% | 41.01% | 39.03% | 38.99% | 38.18% | 37.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,462,400K ÷ $11,627,000K
= 38.38%
Molson Coors Brewing Co Class B's gross profit margin has shown some fluctuations over the specified time period. The margin increased from 37.91% as of March 31, 2020, to a peak of 41.48% as of June 30, 2021. This uptrend continued until March 31, 2022, when it reached 40.11%. However, there was a notable decrease in the gross profit margin to 35.91% as of June 30, 2022.
Subsequently, there was a substantial decline in the margin to 32.29% by March 31, 2023. However, Molson Coors managed to improve the margin to 38.55% by June 30, 2024. The margin then stabilized around the range of 38% from September 30, 2024, to December 31, 2024, at 38.16% and 38.38%, respectively.
Overall, Molson Coors' gross profit margin has displayed some volatility but generally maintained above the 35% threshold, signaling the company's ability to generate profits after deducting the cost of goods sold. It is crucial for stakeholders to monitor any further fluctuations in the gross profit margin to assess the company's efficiency in managing its production and pricing strategies.
Peer comparison
Dec 31, 2024