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Molson Coors Beverage Co ROA %

: 0.69% (As of Jun. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Molson Coors Beverage Co's annualized Net Income for the quarter that ended in Jun. 2022 was $189 Mil. Molson Coors Beverage Co's average Total Assets over the quarter that ended in Jun. 2022 was $27,555 Mil. Therefore, Molson Coors Beverage Co's annualized ROA % for the quarter that ended in Jun. 2022 was 0.69%.

The historical rank and industry rank for Molson Coors Beverage Co's ROA % or its related term are showing as below:

TAP' s ROA % Range Over the Past 10 Years
Min: -3.38   Med: 3.53   Max: 7.66
Current: 2.63

During the past 13 years, Molson Coors Beverage Co's highest ROA % was 7.66%. The lowest was -3.38%. And the median was 3.53%.

TAP's ROA % is ranked worse than
59.53% of 215 companies
in the Beverages - Alcoholic industry
Industry Median: 3.70 vs TAP: 2.63

Molson Coors Beverage Co ROA % Historical Data

The historical data trend for Molson Coors Beverage Co's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Molson Coors Beverage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.25 3.70 0.82 -3.38 3.66

Molson Coors Beverage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROA % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.58 6.45 1.16 2.19 0.69

Competitive Comparison

For the Beverages - Brewers subindustry, Molson Coors Beverage Co's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Molson Coors Beverage Co ROA % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's ROA % distribution charts can be found below:

* The bar in red indicates where Molson Coors Beverage Co's ROA % falls into.



Molson Coors Beverage Co ROA % Calculation

Molson Coors Beverage Co's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1005.7/( (27331.1+27619)/ 2 )
=1005.7/27475.05
=3.66 %

Molson Coors Beverage Co's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=189.2/( (27721.5+27387.9)/ 2 )
=189.2/27554.7
=0.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Molson Coors Beverage Co  (NYSE:TAP) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=189.2/27554.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(189.2 / 11686.8)*(11686.8 / 27554.7)
=Net Margin %*Asset Turnover
=1.62 %*0.4241
=0.69 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Molson Coors Beverage Co ROA % Related Terms

Thank you for viewing the detailed overview of Molson Coors Beverage Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Molson Coors Beverage Co Business Description

Molson Coors Beverage Co logo
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors is the fifth- largest beer producer globally, boasting top-two positioning in the U.S., Canada, and many Central European markets. It brews and markets a slew of company-owned brands including Blue Moon, Coors, Miller, Vizzy, and Staropramen. It also sells various partner brands in certain locales such as Topo Chico (licensed from Coca-Cola), Amstel and Dos Equis in Canada (through an exclusive import/license arrangement with Heineken), and Corona in Central Europe (through an agreement with Anheuser-Busch InBev). The firm's go-to-market approach differs by geography as well, primarily using independent distributors in the U.S., but deploying hybrid models in Canada and Europe.
Executives
Williams Leroy James Jr director 10 LONGS PEAK DRIVE BROOMFIELD CO 80021-2510
D'angelo Anne-marie W officer: Chief Legal & Govt Affairs Off 801 E. 86TH AVENUE MERRILLVILLE IN 46410
Brown Julia M director C/O ABLE BRANDS CO. 30 HUDSON YARDS NEW YORK NY 10001
Stelter Roxanne officer: VP,Controller & Chf Acct Off 3939 W HIGHLAND BLVD MILWAUKEE WI 53208
Winnefeld James A Jr director 870 WINTER STREET WALTHAM MA 02451
Coors David S. director P.O. BOX 4030 NH353 GOLDEN CO 80401
O'sullivan Nessa director P.O. BOX 4030 NH353 GOLDEN CO 80401
Marino Peter John officer: President of Emerging Growth 250 SOUTH WACKER DRIVE CHICAGO IL 60606
St. Jacques Michelle officer: Chief Marketing Officer 250 SOUTH WACKER DRIVE CHICAGO IL 60606
Reichert E. Lee officer: Chief Legal & Corp Affairs Off 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202
Yeskov Sergey officer: Pres&CEO, Molson Coors Int'l 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202
Joubert Tracey officer: Chief Financial Officer 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202
Landtmeters Frederic officer: Pres&CEO, Molson Coors Canada 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202
Nettles Michelle officer: Chief People&Diversity Off MANPOWERGROUP INC. 100 MANPOWER PLACE MILWAUKEE WI 53212
Devita Betty K director 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202

Molson Coors Beverage Co Headlines

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