Molson Coors Brewing Co Class B (TAP)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 13,092,400 | 13,345,300 | 13,179,600 | 13,120,100 | 13,196,000 | 13,246,000 | 13,030,800 | 12,696,500 | 12,689,700 | 13,170,300 | 13,372,800 | 13,531,800 | 13,417,100 | 13,275,500 | 12,984,800 | 12,580,800 | 12,365,000 | 13,512,700 | 13,002,900 | 12,686,600 |
| ROE | 8.57% | 7.03% | 8.87% | 8.26% | 7.19% | 1.93% | 0.32% | -2.00% | -1.38% | 3.76% | 5.47% | 7.93% | 7.50% | -3.35% | -4.27% | -5.94% | -7.67% | 4.33% | -1.24% | -0.21% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,122,400K ÷ $13,092,400K
= 8.57%
Molson Coors Brewing Co Class B's return on equity (ROE) has shown a somewhat volatile performance over the specified time period. Starting at negative levels in March 2020 and recording further negative ROE figures for the subsequent quarters, the company experienced a significant turnaround with positive ROE of 4.33% by September 2020. However, the company faced challenges again towards the end of 2020 with negative ROE figures.
The performance continued to fluctuate with both negative and positive ROE levels during the following periods, indicating inconsistency in generating returns for shareholders. Molson Coors then saw a marked improvement in profitability with ROE reaching 7.50% by the end of December 2021 and staying above 5% for the subsequent quarters.
Overall, there has been a positive trend in Molson Coors Brewing Co Class B's ROE, with the company showing improved profitability and efficiency in utilizing shareholders' equity to generate returns as reflected by the increasing ROE figures. It will be important to monitor future ROE trends to assess the sustainability of this positive trend.
Peer comparison
Dec 31, 2024