Molson Coors Brewing Co Class B (TAP)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,503,000 | 1,322,200 | 1,534,800 | 1,416,000 | 1,252,500 | 522,900 | 251,900 | -134,300 | -62,500 | 611,100 | 818,700 | 1,286,400 | 1,239,000 | -207,800 | -238,000 | -358,900 | -643,900 | 900,000 | 141,000 | 139,900 |
| 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 |
| Pretax margin | 12.93% | 11.32% | 12.86% | 11.85% | 10.70% | 4.53% | 2.25% | -1.24% | -0.58% | 5.72% | 7.74% | 12.14% | 12.05% | -2.09% | -2.41% | -3.80% | -6.67% | 9.14% | 1.42% | 1.35% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,503,000K ÷ $11,627,000K
= 12.93%
The pretax margin of Molson Coors Brewing Co Class B has exhibited fluctuating trends over the past few years, with both positive and negative values recorded. The pretax margin was relatively low in the first half of 2020, ranging from 1.35% to 1.42%. However, the margin saw a significant improvement in the latter half of 2020, reaching a peak of 12.05% in December 2021.
Subsequently, there was a slight decline in the pretax margin in the first half of 2022, followed by a notable decrease to -0.58% by the end of December 2022. The margin remained negative in early 2023 but started to recover gradually, reaching 12.93% by December 2024.
Overall, the pretax margin of Molson Coors Brewing Co Class B has shown volatility, experiencing both positive and negative trends. Investors and analysts may want to delve deeper into the company's financial performance and operational efficiency to understand the factors influencing these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2024