MOLSON COORS BEVERAGE CO
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
TAP-A$43.00-2.8%Stored close · as of Nov 6, 2026
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Part II—Item 8 Financial Statements and Supplementary Data, “Consolidated Statements of Operations”
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN MILLIONS, EXCEPT PER SHARE DATA)
| For the Years Ended | |||
|---|---|---|---|
| December 31, 2024 | December 31, 2023 | December 31, 2022 | |
| Sales | $13,734.3 | $13,884.6 | $12,807.5 |
| Excise taxes | (2,107.3) | (2,182.5) | (2,106.5) |
| Net sales | 11,627.0 | 11,702.1 | 10,701.0 |
| Cost of goods sold | (7,093.6) | (7,333.3) | (7,045.8) |
| Gross profit | 4,533.4 | 4,368.8 | 3,655.2 |
| Marketing, general and administrative expenses | (2,717.5) | (2,779.9) | (2,618.8) |
| Goodwill impairment | — | — | (845.0) |
| Other operating income (expense), net | (65.4) | (162.7) | (38.6) |
| Equity income (loss) | 2.7 | 12.0 | 4.7 |
| Operating income (loss) | 1,753.2 | 1,438.2 | 157.5 |
| Interest expense | (282.7) | (234.0) | (250.6) |
| Interest income | 35.4 | 25.4 | 4.3 |
| Other pension and postretirement benefit (cost), net | (5.0) | 10.2 | 36.6 |
| Other non-operating income (expense), net | 2.1 | 12.7 | (10.3) |
| Total non-operating income (expense), net | (250.2) | (185.7) | (220.0) |
| Income (loss) before income taxes | 1,503.0 | 1,252.5 | (62.5) |
| Income tax benefit (expense) | (345.3) | (296.1) | (124.0) |
| Net income (loss) | 1,157.7 | 956.4 | (186.5) |
| Net (income) loss attributable to noncontrolling interests | (35.3) | (7.5) | 11.2 |
| Net income (loss) attributable to Molson Coors Beverage Company | $1,122.4 | $948.9 | $(175.3) |
| Net income (loss) attributable to Molson Coors Beverage Company per share | |||
| Basic | $5.38 | $4.39 | $(0.81) |
| Diluted | $5.35 | $4.37 | $(0.81) |
| Weighted-average shares outstanding | |||
| Basic | 208.8 | 216.0 | 216.9 |
| Dilutive effect of share-based awards | 1.1 | 1.3 | — |
| Diluted | 209.9 | 217.3 | 216.9 |
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