TAP (Molson Coors Beverage Co) Pre-Tax Income: $-2,751 Mil (TTM As of Jun. 2026)

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TAP Molson Coors Beverage Co TAP
57 GF Score
Price $38.48
GF Value $56.96
Valuation Possible Value Trap
! 1 Warning Sign
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What is Molson Coors Beverage Co Pre-Tax Income?

Molson Coors Beverage Co TAP -0.93% 57 Pre-Tax Income is $-2,751 Mil as of Jun. 2026. GuruFocus rates TAP with a GF Score™ of 57/100 and a GF Value™ of $56.96 (Possible Value Trap). The stock has 1 warning sign investors should review.

Pretax income is the income that a company earns before paying income taxes. Molson Coors Beverage Co's pretax income for the three months ended in Jun. 2026 was $283 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-2,751 Mil. Molson Coors Beverage Co's pretax margin was 9.14%.

During the past 13 years, Molson Coors Beverage Co's highest Pretax Margin was 62.52%. The lowest was -24.82%. And the median was 11.38%.


Molson Coors Beverage Co  (NYSE:TAP) Pre-Tax Income Explanation

Molson Coors Beverage Co's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=283.1/3096.5
=9.14%

During the past 13 years, Molson Coors Beverage Co's highest Pretax Margin was 62.52%. The lowest was -24.82%. And the median was 11.38%.

* 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.


Molson Coors Beverage Co Pre-Tax Income Related Terms


Molson Coors Beverage Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Molson Coors Beverage Co's Pre-Tax Income 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.

Molson Coors Beverage Co Pre-Tax Income Chart

Molson Coors Beverage Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,239.00 -62.50 1,252.50 1,503.00 -2,518.00

Molson Coors Beverage Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial 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 554.90 -3,495.50 266.30 194.70 283.10

TAP vs SAM, STZ: Pre-Tax Income Comparison

For the Beverages - Brewers subindustry, Molson Coors Beverage Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Molson Coors Beverage Co's Pre-Tax Income falls into.


TAP
57GF Score
Molson Coors Beverage Co TAP
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Molson Coors Beverage Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Molson Coors Beverage Co's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1630.7+-3921.4+-247.9+20.6+4.5474735088646E-13
=-2,518

Molson Coors Beverage Co's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=344.8+-1.2+-60.5+0+0
=283

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,751 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-2,751 Mil mean?
Molson Coors Beverage Co (TAP) has a Pre-Tax Income of $-2,751 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Molson Coors Beverage Co and its competitors.
Is Molson Coors Beverage Co's Pre-Tax Income too high?
Molson Coors Beverage Co's current Pre-Tax Income is $-2,751 Mil. Overall, Molson Coors Beverage Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Molson Coors Beverage Co's Pre-Tax Income compare to SAM and STZ?
Molson Coors Beverage Co's Pre-Tax Income of $-2,751 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Beverages - Alcoholic company?
A good Pre-Tax Income depends on the Beverages - Alcoholic industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Molson Coors Beverage Co and its competitors. Molson Coors Beverage Co's current Pre-Tax Income is $-2,751 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molson Coors Beverage Co stock overvalued right now?
Based on GuruFocus' analysis, Molson Coors Beverage Co (TAP) is currently considered Possible Value Trap. The stock's GF Value™ is $56.96, compared to a current price of $38.48 — trading 32.4% below its estimated fair value. The current Pre-Tax Income is $-2,751 Mil. Molson Coors Beverage Co's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Molson Coors Beverage Co (TAP), the current Pre-Tax Income is $-2,751 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Molson Coors Beverage Co (TAP) Overvalued in 2026?

Based on GuruFocus' analysis, Molson Coors Beverage Co stock appears to be undervalued. The current stock price of $38.48 is trading 32.4% below its estimated GF Value™ of $56.96. GuruFocus considers Molson Coors Beverage Co to be Possible Value Trap.

Key valuation signals for TAP:

  • Pre-Tax Income: $-2,751 Mil
  • GF Value™: $56.96 vs. price of $38.48 (32.4% below fair value)
  • GF Score™: 57/100 with 1 warning sign

No single metric tells the full story. See the TAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Molson Coors Beverage Co Business Description

Address BC555, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second-largest beer maker in both value and volume in the US, Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and nonbeer beverage categories under partner brands from Heineken, Anheuser-Busch InBev, Asahi, Fever-Tree, and Coca-Cola. North America remains its largest market, accounting for nearly 80% of total revenue.
57GF Score

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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.48
Price
$56.96
GF Value