TAP Molson Coors Beverage Company

FY2025 10-K
Filed: Feb 18, 2026
Consumer Staples
Malt BeveragesSEC EDGAR

Molson Coors Beverage Company (TAP) filed its fiscal year 2025 10-K annual report with the SEC on Feb 18, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Global brewer with diversified portfolio of beer, flavored beverages, spirits, non-alcoholic drinks, and partner brands across Americas and EMEA&APAC
  • New strategic emphasis: Accelerated transformation to total beverage company under new CEO (Oct 2025) focusing on premium mixers, non-alcoholic beverages, energy drinks, and restructuring Americas region
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Management Discussion & Analysis

  • Tariff-related cost increase $35M unfavorable impact in 2025 due to U.S. Midwest Premium aluminum price spike
  • CEO transition October 1, 2025: Rahul Goyal appointed CEO replacing Gavin D.K. Hattersley
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Risk Factors

  • Keystone litigation final payment $60.6 million impacting operating cash flow in 2025
  • U.S. passage of OBBBA law reducing income taxes paid by approximately $80 million in 2025
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Financial Summary
XBRL

Revenue

$13.0B

Net Income

-$2.1B

Gross Margin

32.8%

Operating Margin

-17.9%

Net Margin

-16.4%

ROE

-20.9%

Total Assets

$22.7B

EPS (Diluted)

$-10.75

Operating Cash Flow

$1.8B

Source: XBRL data from Molson Coors Beverage Company FY2025 10-K filing on SEC EDGAR. All figures in USD.

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