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Side-by-side financial comparison of Lineage, Inc. (LINE) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.
Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $1.4B, roughly 2.0× Lineage, Inc.). Molson Coors Beverage Company runs the higher net margin — 5.5% vs -7.3%, a 12.8% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs 2.0%). Lineage, Inc. produced more free cash flow last quarter ($35.0M vs $-212.9M).
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
LINE vs TAP — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.7B |
| Net Profit | $-100.0M | $150.1M |
| Gross Margin | 32.3% | 33.0% |
| Operating Margin | 2.5% | — |
| Net Margin | -7.3% | 5.5% |
| Revenue YoY | 3.1% | 2.0% |
| Net Profit YoY | 79.4% | 25.0% |
| EPS (diluted) | $-0.44 | $0.80 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.4B | $3.7B | ||
| Q1 25 | $1.3B | $2.7B | ||
| Q4 24 | $1.3B | $3.2B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.3B | $3.8B |
| Q1 26 | — | $150.1M | ||
| Q4 25 | — | $238.3M | ||
| Q3 25 | $-100.0M | $-2.9B | ||
| Q2 25 | $-6.0M | $428.7M | ||
| Q1 25 | $0 | $121.0M | ||
| Q4 24 | $-71.0M | $287.8M | ||
| Q3 24 | $-485.0M | $199.8M | ||
| Q2 24 | $-68.0M | $427.0M |
| Q1 26 | — | 33.0% | ||
| Q4 25 | — | 31.0% | ||
| Q3 25 | 32.3% | 33.7% | ||
| Q2 25 | 31.9% | 34.3% | ||
| Q1 25 | 32.2% | 31.6% | ||
| Q4 24 | 32.3% | 32.0% | ||
| Q3 24 | 32.8% | 33.4% | ||
| Q2 24 | 33.4% | 34.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.4% | ||
| Q3 25 | 2.5% | -98.5% | ||
| Q2 25 | 1.7% | 15.6% | ||
| Q1 25 | 4.3% | 6.9% | ||
| Q4 24 | -1.6% | 12.0% | ||
| Q3 24 | -38.6% | 12.5% | ||
| Q2 24 | 5.5% | 15.6% |
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | 7.6% | ||
| Q3 25 | -7.3% | -84.0% | ||
| Q2 25 | -0.4% | 11.5% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | -5.3% | 8.9% | ||
| Q3 24 | -36.3% | 5.5% | ||
| Q2 24 | -5.1% | 11.1% |
| Q1 26 | — | $0.80 | ||
| Q4 25 | — | $1.32 | ||
| Q3 25 | $-0.44 | $-14.79 | ||
| Q2 25 | $-0.03 | $2.13 | ||
| Q1 25 | $0.01 | $0.59 | ||
| Q4 24 | $-0.52 | $1.39 | ||
| Q3 24 | $-2.44 | $0.96 | ||
| Q2 24 | $-0.46 | $2.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $382.6M |
| Total DebtLower is stronger | — | $3.8B |
| Stockholders' EquityBook value | $8.4B | $10.3B |
| Total Assets | $19.2B | $22.4B |
| Debt / EquityLower = less leverage | — | 0.38× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $382.6M | ||
| Q4 25 | — | $896.5M | ||
| Q3 25 | — | $950.2M | ||
| Q2 25 | — | $613.8M | ||
| Q1 25 | — | $412.7M | ||
| Q4 24 | $173.0M | $969.3M | ||
| Q3 24 | $409.0M | $1.0B | ||
| Q2 24 | $73.0M | $1.6B |
| Q1 26 | — | $3.8B | ||
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $6.3B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | — | $7.0B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | — | $10.2B | ||
| Q3 25 | $8.4B | $10.3B | ||
| Q2 25 | $8.6B | $13.4B | ||
| Q1 25 | $8.6B | $13.1B | ||
| Q4 24 | $8.6B | $13.1B | ||
| Q3 24 | $9.0B | $13.3B | ||
| Q2 24 | $4.9B | $13.2B |
| Q1 26 | — | $22.4B | ||
| Q4 25 | — | $22.7B | ||
| Q3 25 | $19.2B | $22.9B | ||
| Q2 25 | $19.4B | $26.8B | ||
| Q1 25 | $18.8B | $25.9B | ||
| Q4 24 | $18.7B | $26.1B | ||
| Q3 24 | $19.3B | $26.6B | ||
| Q2 24 | $18.8B | $27.4B |
| Q1 26 | — | 0.38× | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.0M | — |
| Free Cash FlowOCF − Capex | $35.0M | $-212.9M |
| FCF MarginFCF / Revenue | 2.5% | -7.8% |
| Capex IntensityCapex / Revenue | 14.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $540.7M | ||
| Q3 25 | $230.0M | $616.1M | ||
| Q2 25 | $258.0M | $718.3M | ||
| Q1 25 | $139.0M | $-90.7M | ||
| Q4 24 | — | $494.5M | ||
| Q3 24 | $186.0M | $521.2M | ||
| Q2 24 | $155.0M | $869.2M |
| Q1 26 | — | $-212.9M | ||
| Q4 25 | — | $357.8M | ||
| Q3 25 | $35.0M | $483.0M | ||
| Q2 25 | $95.0M | $555.0M | ||
| Q1 25 | $-12.0M | $-328.0M | ||
| Q4 24 | — | $383.4M | ||
| Q3 24 | $33.0M | $350.4M | ||
| Q2 24 | $-31.0M | $691.7M |
| Q1 26 | — | -7.8% | ||
| Q4 25 | — | 11.4% | ||
| Q3 25 | 2.5% | 13.9% | ||
| Q2 25 | 7.0% | 14.8% | ||
| Q1 25 | -0.9% | -12.2% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | 2.5% | 9.7% | ||
| Q2 24 | -2.3% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | 14.2% | 3.8% | ||
| Q2 25 | 12.1% | 4.4% | ||
| Q1 25 | 11.7% | 8.8% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | 11.5% | 4.7% | ||
| Q2 24 | 13.9% | 4.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | -0.75× | ||
| Q4 24 | — | 1.72× | ||
| Q3 24 | — | 2.61× | ||
| Q2 24 | — | 2.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
TAP
Segment breakdown not available.
