Molson Coors Brewing Co Class B (TAP)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,122,400 | 937,900 | 1,168,800 | 1,084,200 | 948,900 | 255,800 | 41,500 | -253,600 | -174,600 | 495,200 | 731,800 | 1,073,100 | 1,005,700 | -444,100 | -554,300 | -747,900 | -949,000 | 584,500 | -161,100 | -26,700 |
| Total assets | US$ in thousands | 26,064,300 | 26,635,300 | 27,394,200 | 26,072,300 | 26,375,100 | 26,568,400 | 26,789,600 | 25,852,500 | 25,868,300 | 26,708,500 | 27,387,900 | 27,721,500 | 27,619,000 | 27,643,500 | 28,519,900 | 27,163,600 | 27,331,100 | 28,675,300 | 28,638,800 | 28,461,100 |
| ROA | 4.31% | 3.52% | 4.27% | 4.16% | 3.60% | 0.96% | 0.15% | -0.98% | -0.67% | 1.85% | 2.67% | 3.87% | 3.64% | -1.61% | -1.94% | -2.75% | -3.47% | 2.04% | -0.56% | -0.09% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,122,400K ÷ $26,064,300K
= 4.31%
The return on assets (ROA) for Molson Coors Brewing Co Class B has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started with a negative value in March 2020 at -0.09% and continued to be negative for several quarters until September 2020 when it turned positive at 2.04%. However, the ROA dropped significantly to -3.47% by the end of December 2020.
From March 2021 to September 2021, the ROA remained negative, with varying degrees of performance. In December 2021, there was a notable improvement as the ROA surged to 3.64%, indicating a positive return on the company's assets. This positive trend continued into 2022, with the ROA staying above zero for most quarters, reaching a peak of 4.27% in June 2024.
Overall, the ROA trend for Molson Coors Brewing Co Class B depicts a mix of positive and negative values, showcasing the company's varying efficiency in generating profits from its assets over the analyzed period. The recent quarters have shown a relatively stable and improved performance in terms of ROA, suggesting positive developments in asset utilization and profitability.
Peer comparison
Dec 31, 2024