Constellation Brands vs Molson Coors
Molson Coors reported revenue of $11.1 billion in fiscal 2025, 1.2 times Constellation Brands' $9.1 billion in fiscal 2026. Constellation Brands' revenue fell 10.5% in its latest year, and Molson Coors' fell 4.2%. Constellation Brands had an operating margin of 29.8%, against -21.0% at Molson Coors. Free cash flow was $1.8 billion at Constellation Brands and $1.1 billion at Molson Coors. Their fiscal years end in different months (February 28 and December 31), so the periods don't line up exactly.
Side by side
| Constellation Brands | Molson Coors | |
|---|---|---|
| Latest fiscal year | FY2026, Feb 28, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $9.1B | $11.1B |
| Revenue growth | −10.5% | −4.2% |
| Revenue growth a year, last 5 years | 1.2% | 2.9% |
| Gross margin | 51.5% | 38.4% |
| Operating margin | 29.8% | −21.0% |
| Net margin | 18.5% | −19.2% |
| Free cash flow | $1.8B | $1.1B |
| Free cash flow margin | 19.6% | 9.6% |
| Return on capital | 10.7% | −10.7% |
| Net debt to EBITDA | 3.3x | — |
| Dividends and buybacks | $1.6B | $1.0B |
| Change in diluted share count | — | −5.2% |
| Last close | $135.62 | $40.00 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $1.0 million | bought $551,125, sold $52,912 |
| Piotroski F-score | — | 3 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Constellation BrandsMolson Coors
Operating margin
Percent of revenue
Constellation BrandsMolson Coors
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Constellation BrandsMolson Coors
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Constellation Brands and Molson Coors pages.