Molson Coors Beverage Company (TAP)
NYSE: TAP · Real-Time Price · USD
42.02
-0.47 (-1.11%)
Aug 20, 2026, 10:02 AM EDT - Market open
TAP Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -2,306 | -2,140 | 1,122 | 948.9 | -175.3 | 1,006 |
Depreciation & Amortization | 710.2 | 688.2 | 665.8 | 682.8 | 684.8 | 770.7 |
Other Amortization | 21.3 | 19.5 | 16.6 | 13.6 | 7.7 | 6.7 |
Loss (Gain) From Sale of Assets | 271 | 262.6 | 51.8 | 181.9 | 18.6 | 9.1 |
Asset Writedown & Restructuring Costs | 3,674 | 3,669 | 93.6 | - | 845 | 15.4 |
Loss (Gain) on Equity Investments | -11.8 | -13.4 | -2.7 | -12 | -4.7 | - |
Stock-Based Compensation | 33.1 | 35 | 43.1 | 44.9 | 33.6 | 32.1 |
Other Operating Activities | -552.6 | -590 | 109.1 | 146.4 | 275.5 | -230.1 |
Change in Accounts Receivable | 48.3 | 48.3 | 39.6 | -0.7 | -108.5 | -137.6 |
Change in Inventory | 65.2 | 65.2 | 55.1 | 21.7 | -64.6 | -143.9 |
Change in Accounts Payable | -285.4 | -285.4 | -234.4 | 50.2 | -16.1 | 285.5 |
Change in Other Net Operating Assets | 310.1 | 25.2 | -49.7 | 1.3 | 6 | -40.1 |
Operating Cash Flow | 1,977 | 1,784 | 1,910 | 2,079 | 1,502 | 1,574 |
Operating Cash Flow Growth | 20.32% | -6.59% | -8.11% | 38.41% | -4.54% | -7.21% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -651.2 | -716.6 | -674.1 | -671.5 | -661.4 | -522.6 |
Sale of Property, Plant & Equipment | 18.8 | 15.8 | 24.5 | 10.9 | 32.2 | 26 |
Cash Acquisitions | -272.5 | -22.3 | -8.6 | -63.7 | - | - |
Other Investing Activities | -16.9 | -99 | 10.2 | -117.4 | 4.1 | -13.3 |
Investing Cash Flow | -921.8 | -822.1 | -648 | -841.7 | -625.1 | -509.9 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | 863.7 | 7 | 7 | 1.4 |
Long-Term Debt Repaid | - | -12.8 | -883.8 | -404.8 | -512.8 | -1,007 |
Total Debt Repaid | -389.7 | -12.8 | -883.8 | -404.8 | -512.8 | -1,007 |
Net Debt Issued (Repaid) | 1,459 | -12.8 | -20.1 | -397.8 | -505.8 | -1,005 |
Issuance of Common Stock | - | - | - | - | - | 4.6 |
Repurchase of Common Stock | -552.1 | -647.9 | -643.4 | -205.8 | -51.5 | - |
Common Dividends Paid | -367.3 | -376.3 | -369.2 | -354.7 | -329.3 | -147.8 |
Other Financing Activities | -63.2 | -19.8 | -105.7 | -23.1 | -2.9 | -23.8 |
Financing Cash Flow | 476.3 | -1,057 | -1,138 | -981.4 | -889.5 | -1,172 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -17.4 | 21.7 | -23.5 | 13 | -24.8 | -24.1 |
Net Cash Flow | 1,514 | -72.8 | 100.4 | 268.9 | -37.4 | -132.7 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,326 | 1,068 | 1,236 | 1,408 | 840.6 | 1,051 |
Free Cash Flow Growth | 38.01% | -13.62% | -12.17% | 67.44% | -20.01% | -6.25% |
Free Cash Flow Margin | 11.96% | 9.59% | 10.63% | 12.03% | 7.85% | 10.22% |
Free Cash Flow Per Share | 6.89 | 5.36 | 5.89 | 6.48 | 3.88 | 4.83 |
Levered Free Cash Flow | 935.14 | 699.5 | 939.43 | 1,182 | 656.4 | 796.93 |
Unlevered Free Cash Flow | 1,086 | 849.34 | 1,111 | 1,322 | 805.33 | 952.91 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 245 | 240.7 | 216 | 229 | 240 | 256.2 |
Cash Income Tax Paid | 115.1 | 131.4 | 227.1 | 244.8 | 76.6 | 227 |
Change in Working Capital | 138.2 | -146.7 | -189.4 | 72.5 | -183.2 | -36.1 |