Molson Coors Brewing Co Class B (TAP)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,122,400 | 948,900 | -186,500 | 1,005,700 | -945,700 |
| Total assets | US$ in thousands | 26,064,300 | 26,375,100 | 25,868,300 | 27,619,000 | 27,331,100 |
| ROA | 4.31% | 3.60% | -0.72% | 3.64% | -3.46% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,122,400K ÷ $26,064,300K
= 4.31%
Based on the provided data, Molson Coors Brewing Co Class B's return on assets (ROA) has shown fluctuations over the years. The ROA was negative at -3.46% as of December 31, 2020, indicating that the company generated a loss relative to its assets. However, there was an improvement in performance in the following years, with ROA increasing to 3.64% by December 31, 2021.
Subsequently, the ROA decreased to -0.72% by December 31, 2022, signaling a return to a negative position. However, there was a recovery in the company's profitability as reflected by an ROA of 3.60% by December 31, 2023. Finally, Molson Coors Brewing Co Class B's ROA continued to climb, reaching 4.31% as of December 31, 2024, indicating that the company was generating a positive return relative to its assets.
Overall, Molson Coors Brewing Co Class B's ROA performance exhibited variability over the years, fluctuating between negative and positive values. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's efficiency in utilizing its assets to generate returns.
Peer comparison
Dec 31, 2024