Molson Coors Beverage Co (FRA:NY7) Tax Rate % : 30.96% (As of Sep. 2024)

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What is Molson Coors Beverage Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Molson Coors Beverage Co's Tax Expense for the three months ended in Sep. 2024 was €92 Mil. Molson Coors Beverage Co's Pre-Tax Income for the three months ended in Sep. 2024 was €299 Mil. Therefore, Molson Coors Beverage Co's Tax Rate % for the quarter that ended in Sep. 2024 was 30.96%.

Molson Coors Beverage Co Tax Rate % Historical Data

The historical data trend for Molson Coors Beverage Co's Tax Rate % 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.

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Molson Coors Beverage Co Tax Rate % Chart

Molson Coors Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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48.70

-46.87

18.60

-198.40

23.64

Molson Coors Beverage Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															20.66	36.25	20.91	24.04	30.96

Molson Coors Beverage Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Molson Coors Beverage Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	271.524	/	1148.542
	=	23.64 %

Molson Coors Beverage Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	92.443	/	298.591
	=	30.96 %

Molson Coors Beverage Co Tax Rate % Related Terms

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Molson Coors Beverage Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Beverage Co (FRA:NY7) » Definitions » Tax Rate %

Traded in Other Exchanges

TAP.A:USA TAP:USA 0K2K:UK NY70:Germany NY7:Germany

Address

NH353, P.O. Box 4030, Golden, CO, USA, 80401

Website

https://www.molsoncoors.com

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 terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Molson Coors Beverage Co Headlines

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