What is the current annual operating margin of TAP?

As of today, TAP annual operating margin is 13.72%

What is 1-year change in TAP annual operating margin?

TAP annual operating margin is down -12.33% year-over-year

What is 3-year change in TAP annual operating margin?

TAP annual operating margin is up +48.00% over the past 3 years

How far is TAP annual operating margin from its all-time high?

TAP annual operating margin is currently -12.33% below its historical high of 15.65% set on December 31, 2024

How does TAP annual operating margin rank versus sector peers?

TAP annual operating margin is higher than 80.31% of companies in Consumer Defensive sector

When is TAP next annual earnings release?

As of today, the next annual earnings release for TAP has not been scheduled

What is the current quarterly operating margin of TAP?

As of today, TAP quarterly operating margin is 12.03%

What is TAP quarterly operating margin most recent change?

TAP quarterly operating margin was down -21.83% on December 31, 2025

What is 1-year change in TAP quarterly operating margin?

TAP quarterly operating margin is down -14.19% year-over-year

How far is TAP quarterly operating margin from its all-time high?

TAP quarterly operating margin is currently -44.10% below its historical high of 21.52% set on June 30, 2018

How does TAP quarterly operating margin rank versus sector peers?

TAP quarterly operating margin is higher than 73.87% of companies in Consumer Defensive sector

When is TAP next earnings release?

The next earnings release for TAP is on May 7, 2026

TAP Operating Margin History & Chart Since 1980

Annual Operating Margin

13.72%1.93%-12.33%

December 31, 2025

Summary

Current Value: As of today, TAP annual operating margin is 13.72%, down -12.33% on December 31, 2025
Historical Performance: TAP annual operating margin is up +48.00% over the past 3 years, up +2.01% over the past 5 years
All-Time High Comparison: TAP annual operating margin is currently -12.33% below its historical high of 15.65% set on December 31, 2024
3-Year Low Comparison: TAP annual operating margin is +48.00% above its 3-year low of 9.27% reached on an earlier date
Sector Comparison: TAP annual operating margin is higher than 80.31% of companies in Consumer Defensive sector

Operating Margin Chart

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Performance

TAP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
	Dec 31, 25	13.72%	-12.3%	+48.0%	+2.0%	+3.1%
	Dec 31, 25	12.03%	-14.2%	+16.7%	+4.3%	+4.5%
Price	Mar 16, 26	$42.10	-29.4%	-18.2%	-13.0%	-1.8%
	Mar 16, 26	-	–	–	–	–
	Dec 31, 25	$11.14B	-4.2%	+4.1%	+15.4%	+242.3%
	Dec 31, 25	$1.53B	-16.0%	+54.1%	+17.8%	+252.9%
	Dec 31, 25	35.61%	-4.4%	+12.0%	-2.2%	-17.4%
	Dec 31, 25	-19.57%	-296.5%	-1024.7%	-99.7%	-195.0%

Operating Margin Highs

TAP Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	15.65%	Dec 31, 24	-12.3%
5Y	15.65%	Dec 31, 24	-12.3%
All	15.65%	Dec 31, 24	-12.3%

Operating Margin Lows

TAP Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	9.27%	N/A	+48.0%
5Y	9.27%	Dec 31, 22	+48.0%
All	2.67%	Dec 31, 91	+413.9%

Operating Margin History

Year	Value	Change
2025	13.72%	-12.3%
2024	15.65%	+11.3%
2023	14.06%	+51.7%
2022	9.27%	-13.3%
2021	10.69%	-20.5%
2020	13.45%	-4.9%
2019	14.15%	+2.1%
2018	13.86%	-2.7%
2017	14.25%	+47.7%
2016	9.65%	-1.9%
2015	9.84%	-17.4%
2014	11.91%	+4.9%
2013	11.35%	-8.2%
2012	12.37%	-4.3%
2011	12.92%	-2.9%
2010	13.31%	+2.8%
2009	12.95%	+3.8%
2008	12.48%	+2.5%
2007	12.17%	+8.0%
2006	11.27%	+9.4%
2005	10.30%	+30.1%
2004	7.92%	+25.9%
2003	6.29%	-3.8%

Year	Value	Change
2002	6.54%	+7.7%
2001	6.07%	+3.2%
2000	5.88%	-18.1%
1999	7.18%	+10.6%
1998	6.49%	+2.0%
1997	6.36%	+26.2%
1996	5.04%	+30.6%
1995	3.86%	-31.9%
1994	5.67%	+15.2%
1993	4.92%	+4.0%
1992	4.73%	+77.2%
1991	2.67%	-52.3%
1990	5.60%	+30.8%
1989	4.28%	-6.3%
1988	4.57%	-30.3%
1987	6.56%	-20.7%
1986	8.27%	+17.5%
1985	7.04%	+56.8%
1984	4.49%	-67.7%
1983	13.90%	+127.5%
1982	6.11%	-21.2%
1981	7.75%	-29.5%
1980	10.99%	-

FAQ

What is the current annual operating margin of TAP?
As of today, TAP annual operating margin is 13.72%
What is 1-year change in TAP annual operating margin?
TAP annual operating margin is down -12.33% year-over-year
What is 3-year change in TAP annual operating margin?
TAP annual operating margin is up +48.00% over the past 3 years
How far is TAP annual operating margin from its all-time high?
TAP annual operating margin is currently -12.33% below its historical high of 15.65% set on December 31, 2024
How does TAP annual operating margin rank versus sector peers?
TAP annual operating margin is higher than 80.31% of companies in Consumer Defensive sector
When is TAP next annual earnings release?
As of today, the next annual earnings release for TAP has not been scheduled

Quarterly Operating Margin

12.03%3.36%-21.83%

December 31, 2025

Summary

Current Value: As of today, TAP quarterly operating margin is 12.03%, down -21.83% on December 31, 2025
Historical Performance: TAP quarterly operating margin is down -14.19% year-over-year, up +16.68% over the past 3 years
All-Time High Comparison: TAP quarterly operating margin is currently -44.10% below its historical high of 21.52% set on June 30, 2018
3-Year Low Comparison: TAP quarterly operating margin is +58.92% above its 3-year low of 7.57% reached on March 31, 2025
Sector Comparison: TAP quarterly operating margin is higher than 73.87% of companies in Consumer Defensive sector

Performance

TAP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
	Dec 31, 25	12.03%	-21.8%	-14.2%	+16.7%	+4.3%
	Dec 31, 25	13.72%	–	-12.3%	+48.0%	+2.0%
Price	Mar 16, 26	$42.10	-11.9%	-29.4%	-18.2%	-13.0%
	Mar 16, 26	-	–	–	–	–
	Dec 31, 25	$2.66B	-10.5%	-2.7%	+1.3%	+16.0%
	Dec 31, 25	$320.30M	-30.0%	-16.5%	+18.2%	+21.0%
	Dec 31, 25	33.06%	-10.0%	-7.9%	+9.3%	-11.6%
	Dec 31, 25	7.86%	+108.0%	-26.8%	+135.0%	+113.1%

Quarterly Operating Margin Highs

TAP Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	18.01%	Jun 30, 25	-33.2%
3Y	19.22%	Sep 30, 23	-37.4%
5Y	19.22%	Sep 30, 23	-37.4%
All	21.52%	Jun 30, 18	-44.1%

Quarterly Operating Margin Lows

TAP Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	7.57%	Mar 31, 25	+58.9%
3Y	7.57%	Mar 31, 25	+58.9%
5Y	0.62%	Mar 31, 22	+1840.3%
All	-337.19%	Dec 31, 86	+103.6%

Quarterly Operating Margin History

Month	Value	Change
Dec 2025	12.03%	-21.8%
Sep 2025	15.39%	-14.5%
Jun 2025	18.01%	+137.9%
Mar 2025	7.57%	-46.0%
Dec 2024	14.02%	-19.5%
Sep 2024	17.42%	-2.7%
Jun 2024	17.91%	+43.9%
Mar 2024	12.45%	-23.5%
Dec 2023	16.28%	-15.3%
Sep 2023	19.22%	+45.4%
Jun 2023	13.22%	+69.7%
Mar 2023	7.79%	-24.4%
Dec 2022	10.31%	-17.2%
Sep 2022	12.45%	+31.9%
Jun 2022	9.44%	+1,422.6%
Mar 2022	0.62%	-92.0%
Dec 2021	7.72%	-42.9%
Sep 2021	13.52%	-12.5%
Jun 2021	15.46%	+380.1%
Mar 2021	3.22%	-72.1%
Dec 2020	11.54%	-39.5%
Sep 2020	19.09%	-3.5%
Jun 2020	19.78%	+294.0%
Mar 2020	5.02%	-64.3%
Dec 2019	14.08%	-18.5%
Sep 2019	17.27%	+12.0%
Jun 2019	15.42%	+76.2%
Mar 2019	8.75%	-15.2%
Dec 2018	10.32%	-41.1%
Sep 2018	17.52%	-18.6%
Jun 2018	21.52%	+164.4%
Mar 2018	8.14%	-11.3%
Dec 2017	9.18%	-42.3%
Sep 2017	15.92%	-13.4%
Jun 2017	18.38%	+42.0%
Mar 2017	12.94%	+57.8%
Dec 2016	8.20%	-44.7%
Sep 2016	14.83%	+25.7%
Jun 2016	11.80%	+774.3%
Mar 2016	-1.75%	-136.2%
Dec 2015	4.83%	-70.6%
Sep 2015	16.44%	+16.0%
Jun 2015	14.17%	>+9,900.0%
Mar 2015	0.07%	-99.1%
Dec 2014	7.80%	-58.2%
Sep 2014	18.68%	+27.9%
Jun 2014	14.60%	+346.5%
Mar 2014	3.27%	-62.8%
Dec 2013	8.79%	-48.0%
Sep 2013	16.89%	+3.7%
Jun 2013	16.28%	+5,713.8%
Mar 2013	-0.29%	-102.6%
Dec 2012	11.27%	-37.5%
Sep 2012	18.03%	+27.8%
Jun 2012	14.11%	+725.1%
Mar 2012	1.71%	-87.8%
Dec 2011	14.06%	-17.1%
Sep 2011	16.95%	+18.4%
Jun 2011	14.32%	+269.1%
Mar 2011	3.88%	-66.3%
Dec 2010	11.51%	-40.3%
Sep 2010	19.28%	+15.0%
Jun 2010	16.77%	+446.3%
Mar 2010	3.07%	-71.7%
Dec 2009	10.83%	-36.6%
Sep 2009	17.08%	+3.8%
Jun 2009	16.45%	+247.0%
Mar 2009	4.74%	-62.6%
Dec 2008	12.69%	-25.2%
Sep 2008	16.97%	+14.4%
Jun 2008	14.83%	+136.5%
Mar 2008	6.27%	-50.4%
Dec 2007	12.63%	-10.2%
Sep 2007	14.07%	-6.6%
Jun 2007	15.06%	+200.0%

Month	Value	Change
Mar 2007	5.02%	-54.8%
Dec 2006	11.10%	-25.7%
Sep 2006	14.93%	+10.0%
Jun 2006	13.57%	+308.7%
Mar 2006	3.32%	-63.8%
Dec 2005	9.18%	-34.5%
Sep 2005	14.02%	+5.9%
Jun 2005	13.24%	+549.0%
Mar 2005	2.04%	-72.4%
Dec 2004	7.40%	-21.4%
Sep 2004	9.41%	-13.5%
Jun 2004	10.88%	+253.2%
Mar 2004	3.08%	-52.4%
Dec 2003	6.47%	-35.9%
Sep 2003	10.10%	-5.4%
Jun 2003	10.68%	+517.3%
Mar 2003	1.73%	+221.0%
Dec 2002	-1.43%	-116.1%
Sep 2002	8.90%	-25.0%
Jun 2002	11.86%	+82.5%
Mar 2002	6.50%	+1,303.7%
Dec 2001	-0.54%	-106.5%
Sep 2001	8.32%	-21.3%
Jun 2001	10.57%	+154.7%
Mar 2001	4.15%	+98.6%
Dec 2000	2.09%	-72.6%
Sep 2000	7.64%	-42.5%
Jun 2000	13.29%	+196.0%
Mar 2000	4.49%	+34.0%
Dec 1999	3.35%	-53.5%
Sep 1999	7.20%	-43.8%
Jun 1999	12.81%	+210.9%
Mar 1999	4.12%	+73.1%
Dec 1998	2.38%	-64.0%
Sep 1998	6.61%	-44.6%
Jun 1998	11.93%	+229.6%
Mar 1998	3.62%	+81.9%
Dec 1997	1.99%	-69.2%
Sep 1997	6.47%	-63.7%
Jun 1997	17.82%	+382.9%
Mar 1997	3.69%	+146.0%
Dec 1996	1.50%	-79.8%
Sep 1996	7.43%	-14.3%
Jun 1996	8.67%	+1,375.0%
Mar 1996	-0.68%	-123.9%
Dec 1995	2.85%	-55.9%
Sep 1995	6.46%	-22.7%
Jun 1995	8.36%	+5,871.4%
Mar 1995	0.14%	-97.0%
Dec 1994	4.72%	-19.9%
Sep 1994	5.89%	-45.4%
Jun 1994	10.78%	+184.4%
Mar 1994	3.79%	+110.9%
Dec 1993	-34.66%	-884.2%
Sep 1993	4.42%	-50.3%
Jun 1993	8.89%	+124.5%
Mar 1993	3.96%	+104.5%
Dec 1992	-87.56%	-1,232.7%
Sep 1992	7.73%	+14.9%
Jun 1992	6.73%	+511.8%
Mar 1992	1.10%	+109.6%
Dec 1991	-11.45%	-332.7%
Sep 1991	4.92%	-13.2%
Jun 1991	5.67%	+96.9%
Mar 1991	2.88%	+136.1%
Dec 1990	1.22%	-82.6%
Sep 1990	7.00%	-22.0%
Jun 1990	8.98%	+144.0%
Mar 1990	3.68%	+101.2%
Dec 1989	-301.32%	+3.1%
Dec 1988	-310.81%	+6.0%
Dec 1987	-330.64%	+1.9%
Dec 1986	-337.19%	-3.1%
Dec 1985	-327.00%	+2.6%
Dec 1984	-335.68%	-

FAQ

What is the current quarterly operating margin of TAP?
As of today, TAP quarterly operating margin is 12.03%
What is TAP quarterly operating margin most recent change?
TAP quarterly operating margin was down -21.83% on December 31, 2025
What is 1-year change in TAP quarterly operating margin?
TAP quarterly operating margin is down -14.19% year-over-year
How far is TAP quarterly operating margin from its all-time high?
TAP quarterly operating margin is currently -44.10% below its historical high of 21.52% set on June 30, 2018
How does TAP quarterly operating margin rank versus sector peers?
TAP quarterly operating margin is higher than 73.87% of companies in Consumer Defensive sector
When is TAP next earnings release?
The next earnings release for TAP is on May 7, 2026

Operating Margin Formula

Operating Profit Margin =

× 100%

Data Sources & References

TAP Official Website www.molsoncoors.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/24545/000002454526000006/0000024545-26-000006-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/24545/000002454526000006/0000024545-26-000006-index.htm
TAP Profile on Yahoo Finance finance.yahoo.com/quote/TAP
TAP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tap