Molson Coors Brewing Co Class B (TAP)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,503,000 | 1,252,500 | -62,500 | 1,239,000 | -643,900 |
| Revenue | US$ in thousands | 11,627,000 | 11,702,100 | 10,701,000 | 10,279,700 | 9,654,000 |
| Pretax margin | 12.93% | 10.70% | -0.58% | 12.05% | -6.67% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,503,000K ÷ $11,627,000K
= 12.93%
The pretax margin for Molson Coors Brewing Co Class B has shown fluctuations over the past five years. In December 2020, the pretax margin was negative at -6.67%, indicating that the company's operating expenses were high relative to its revenue before accounting for taxes. However, in the following years, there was a notable improvement in performance. By December 2021, the pretax margin had significantly increased to 12.05%, reflecting better cost management and operational efficiency.
In 2022, the pretax margin dipped slightly to -0.58%, suggesting potential challenges faced by the company during that period. Nevertheless, Molson Coors Brewing Co managed to recover and achieved a pretax margin of 10.70% in December 2023, indicating a return to profitability and improved financial health.
By December 2024, the pretax margin further improved to 12.93%, reflecting the company's success in enhancing its profitability and optimizing its operations. Overall, the trend in pretax margin demonstrates Molson Coors Brewing Co's ability to adapt to changing market conditions and implement effective strategies to drive financial performance.
Peer comparison
Dec 31, 2024