Molson Coors Beverage Company Website

Molson Coors Beverage Company

NYSE-TAP

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

10,579.4

9,654

10,279.7

10,701

11,702.1

11,937.9

Total Revenues % Chg.

-1.8%

-8.7%

6.5%

4.1%

9.4%

6.8%

Cost of Goods Sold, Total

6,378.2

5,858.1

6,226.3

7,045.8

7,333.3

7,265.3

Gross Profit

4,201.2

3,795.9

4,053.4

3,655.2

4,368.8

4,672.6

Selling General & Admin Expenses, Total

2,478.9

2,186.7

2,290.1

2,317.5

2,562.4

2,586.1

Amortization of Goodwill and Intangible Assets

—

—

—

—

221.2

220

218

208.1

207.3

207.3

Other Operating Expenses, Total

2,700.1

2,406.7

2,508.1

2,525.6

2,769.7

2,793.4

Operating Income

1,501.1

1,389.2

1,545.3

1,129.6

1,599.1

1,879.2

Interest Expense, Total

-280.9

-274.6

-260.3

-250.6

-234

-219.9

Interest And Investment Income

8.2

3.3

2

4.3

25.4

25.4

Net Interest Expenses

-272.7

-271.3

-258.3

-246.3

-208.6

-194.5

Income (Loss) On Equity Invest.

—

—

—

—

—

4.7

12

1.9

Currency Exchange Gains (Loss)

-2.6

—

0.8

-0.4

-1

-2.8

Other Non Operating Income (Expenses)

4.2

8.4

-4

-9.9

13.7

7

EBT, Excl. Unusual Items

1,230

1,126.3

1,283.8

877.7

1,415.2

1,690.8

Restructuring Charges

-92.4

-187.1

-37.6

-9.1

-4.1

-2.7

Merger & Related Restructuring Charges

—

-25

—

—

—

—

—

Impairment of Goodwill

—

—

—

—

—

-674.4

-1,484.3

—

-845

—

—

Gain (Loss) On Sale Of Investments

—

—

—

-16.3

-2.4

-0.3

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

2.7

6.6

6.8

2.2

7.5

Asset Writedown

—

—

-9.5

-71.5

-13.5

-36.3

-160.8

-160.8

Insurance Settlements

—

—

—

—

—

—

—

—

Legal Settlements

—

—

—

—

—

—

—

—

-56.6

—

—

Other Unusual Items

67.5

-27.6

—

—

—

—

EBT, Incl. Unusual Items

479.9

-643.9

1,239

-62.5

1,252.5

1,534.8

Income Tax Expense

233.7

301.8

230.5

124

296.1

362.5

Earnings From Continuing Operations

246.2

-945.7

1,008.5

-186.5

956.4

1,172.3

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

Minority Interest

-4.5

-3.3

-2.8

11.2

-7.5

-3.5

Net Income

241.7

-949

1,005.7

-175.3

948.9

1,168.8

Net Income to Common Incl Extra Items

241.7

-949

1,005.7

-175.3

948.9

1,168.8

Net Income to Common Excl. Extra Items

241.7

-949

1,005.7

-175.3

948.9

1,168.8

Total Shares Outstanding

216.3

216.7

217

216.3

213.3

227.9

Weighted Avg. Shares Outstanding

216.6

216.8

217.1

216.9

216

213.4

Weighted Avg. Shares Outstanding Dil

216.9

216.8

217.6

216.9

217.3

214.8

EPS

1.1

-4.4

4.6

-0.8

4.4

5.5

EPS Diluted

1.1

-4.4

4.6

-0.8

4.4

5.4

EBITDA

2,328.4

2,198.9

2,316

1,814.4

2,281.9

2,558.8

Effective Tax Rate

48.7%

-46.9%

18.6%

-198.4%

23.6%

23.6%