Molson Coors Brewing Co Class B (TAP)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,785,700 | 1,481,300 | 1,129,600 | 1,500,600 | -358,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,092,400 | 13,196,000 | 12,689,700 | 13,417,100 | 12,365,000 |
| Return on total capital | 13.64% | 11.23% | 8.90% | 11.18% | -2.90% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,785,700K ÷ ($—K + $13,092,400K)
= 13.64%
Molson Coors Brewing Co Class B's return on total capital has shown notable fluctuations over the years in review. Starting at -2.90% on December 31, 2020, the company's performance improved significantly to 11.18% by the end of 2021. This positive trend continued into 2022, with a return on total capital of 8.90%.
In 2023, Molson Coors Brewing Co Class B experienced a further increase in its return on total capital to 11.23%, indicating a healthy growth in its profitability in that year. By the end of the period under consideration, specifically on December 31, 2024, the company's return on total capital reached 13.64%, demonstrating a continued improvement in utilizing its capital effectively to generate profits.
Overall, the company has shown a mix of both negative and positive returns on total capital over the stated period, with an increasing trend in recent years indicating enhanced efficiency in deploying its total capital resources to generate returns for its stakeholders.
Peer comparison
Dec 31, 2024