Molson Coors Brewing Co Class B (TAP)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 13,092,400 | 13,196,000 | 12,689,700 | 13,417,100 | 12,365,000 |
| ROE | 8.57% | 7.19% | -1.47% | 7.50% | -7.65% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,122,400K ÷ $13,092,400K
= 8.57%
Molson Coors Brewing Co Class B's return on equity (ROE) has experienced fluctuations over the past five years. In 2020, the ROE was negative at -7.65%, indicating that the company's net income was insufficient to generate a positive return for shareholders based on their equity investment.
However, by the end of 2021, Molson Coors managed to improve its ROE to 7.50%, reflecting a more favorable position in terms of generating returns for shareholders relative to the equity they have invested. This positive trend continued into 2022, albeit modestly, with an ROE of -1.47%, suggesting some challenges or inefficiencies in the company's operations.
In 2023, there was a notable increase in ROE to 7.19%, indicating an improvement in the company's ability to generate profit from the shareholders' equity. By the end of 2024, Molson Coors saw a further increase in ROE to 8.57%, which suggests a strengthened profitability and efficiency in utilizing shareholders' equity to generate returns.
Overall, the fluctuating ROE indicates varying levels of profitability and efficiency in Molson Coors Brewing Co Class B's operations over the past five years, with a particularly positive trend observed in recent years. It is essential for investors and stakeholders to monitor these fluctuations closely to assess the company's financial performance and potential for generating returns on equity investment.
Peer comparison
Dec 31, 2024