Molson Coors Brewing Co Class B (TAP)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 948,900 | 255,100 | 40,800 | -254,300 | -175,300 | 495,200 | 731,800 | 1,073,100 | 1,005,700 | -444,100 | -554,300 | -747,900 | -949,000 | 584,500 | -161,100 | -26,700 | 241,700 | 154,000 | 895,100 | 989,800 |
| 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 |
| Net profit margin | 3.73% | 1.02% | 0.17% | -1.08% | -0.75% | 2.11% | 3.15% | 4.60% | 4.84% | -2.50% | -3.72% | -6.54% | -8.09% | 4.86% | -1.33% | -0.21% | 1.86% | 1.19% | 6.85% | 7.46% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $948,900K ÷ $25,467,000K
= 3.73%
Molson Coors Beverage Company's net profit margin has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 8.11%, marking a significant improvement from the preceding quarters. This suggests that the company was able to effectively manage its costs and expenses to generate higher profits relative to its revenue during this period.
On the other hand, in Q1 2023, the company's net profit margin was negative at -2.35%, indicating that expenses exceeded revenues, resulting in a loss. This downward trend in profitability seen in Q1 2023 reversed a previous positive trend observed in Q2 and Q3 2022, where the company achieved net profit margins of 6.92% and 4.63%, respectively.
Overall, Molson Coors Beverage Company should closely monitor and control its expenses to sustain and improve its net profit margin in the future quarters. A higher net profit margin indicates better profitability and operational efficiency, which is crucial for the company's long-term financial health and growth.
Peer comparison
Dec 31, 2023