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The Moat Index

MOLSON COORS BEVERAGE CO

TAP · Consumer Staples · FY2025 filings · No moat ·

Doesn't clear the bar

31/ 100
No moat

The four filters

Pricing power46

Median gross margin 32.7% over 10y, stable.

Returns on capital8

Median ROIC 5.9%, above the 9% hurdle in 10% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -9x.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
$960.2M
Est. intrinsic value / share
—
Recent price
$40.93
Discount to value
No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

20 years of fundamentals

The business, in plain English

MOLSON COORS BEVERAGE CO booked $13.0B of revenue in FY2025 in the Consumer Staples sector and kept 32.8% of it as gross profit — a moderate-margin business by that measure. After every other cost, −16.4% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $6.2B (FY2007) to $13.0B (FY2025) — about 4.2% a year compounded over 18 years.

It earned −11.8% on invested capital in FY2025, with a median of 5.9% across 19 filed years. The Returns on Capital filter above scores it 8/100.

The balance sheet carried $6.3B of total debt in FY2025. Balance-Sheet Safety scores it 28/100.

Put together: Pricing Power is the strongest of the four filters (46/100) and Returns on Capital the weakest (8/100), which is how TAP lands at 31/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2006–FY2025 · 20 fiscal years, normalized from TAP’s SEC filings

RevenueSales, as filed$13.0B FY2025
$0$5B$10B2006201320202025
Gross marginRevenue kept after cost of goods32.8% FY2025
0%20%40%2006201320202025
Return on invested capitalOperating profit on the capital employed−11.8% FY2025
−10%0%10%2006201320202025
Owner earningsCash an owner could take out−$2.1B FY2025
−$2B$0$2B2006201320202025

Gaps in a line mean that item isn’t in TAP’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

3 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale30.5 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — TAP has read No moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Consumer Staples context

#43 of 66 scored Consumer Staples companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #41KHC Kraft Heinz Co32.8No moat
  2. #42HCMC HEALTHIER CHOICES MANAGEMENT CORP.31.8No moat
  3. #44CAG CONAGRA BRANDS, INC.30.2No moat
  4. #45DAR DARLING INGREDIENTS INC.29.8No moat

Compare TAP with its nearest peers →All Consumer Staples companies on the Index →

Common questions about TAP

Does MOLSON COORS BEVERAGE CO have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores MOLSON COORS BEVERAGE CO (TAP) 30.5 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 46, returns on capital 8, balance-sheet safety 28, capital discipline 44.
How has TAP's Moat Score changed over time?
The record logs 3 readings since Jul 17, 2026; the latest reads 30.5 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell TAP. See the disclaimer.

MOLSON COORS BEVERAGE CO (TAP) Moat Score — The Moat Index · Buy Like Buffett