Molson Coors Brewing Co Class B (TAP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,438,200 | 727,400 | 465,300 | 91,300 | 157,500 | 834,000 | 1,035,300 | 1,501,600 | 1,454,400 | 6,700 | -16,400 | -139,200 | -408,900 | 1,184,700 | 439,100 | 449,800 | 764,400 | 595,200 | 1,302,200 | 1,424,400 |
| 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 |
| Operating profit margin | 5.65% | 2.90% | 1.91% | 0.39% | 0.67% | 3.56% | 4.46% | 6.44% | 7.00% | 0.04% | -0.11% | -1.22% | -3.49% | 9.84% | 3.61% | 3.53% | 5.88% | 4.60% | 9.96% | 10.73% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,438,200K ÷ $25,467,000K
= 5.65%
Molson Coors Beverage Company's operating profit margin has shown fluctuations over the past eight quarters. In Q1 2022, the company reported a high operating profit margin of 14.75%, which declined to 10.26% in Q2 2022 before increasing to 8.23% in Q3 2022. However, there was an improvement in Q4 2022 with the operating profit margin rising to 9.73%.
The trend continued into 2023 with Q1 showing a further increase to 8.72%. Subsequently, Q2 witnessed a rise to 11.78% before decreasing slightly to 13.80% in Q3. The operating profit margin dropped slightly in Q4 2023 to 12.29%.
Overall, the operating profit margin of Molson Coors Beverage Company has displayed a mixed performance, with some fluctuations in profitability levels. Further analysis and monitoring may be necessary to understand the underlying factors influencing these changes in operating profit margin.
Peer comparison
Dec 31, 2023