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Side-by-side financial comparison of NEWELL BRANDS INC. (NWL) 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 $1.9B, roughly 1.4× NEWELL BRANDS INC.). Molson Coors Beverage Company runs the higher net margin — 5.5% vs -16.6%, a 22.1% gap on every dollar of revenue. On growth, Molson Coors Beverage Company posted the faster year-over-year revenue change (2.0% vs -2.7%). NEWELL BRANDS INC. produced more free cash flow last quarter ($91.0M vs $-212.9M). Over the past eight quarters, NEWELL BRANDS INC.'s revenue compounded faster (7.1% CAGR vs -15.8%).

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

NWL vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.4× larger
TAP
$2.7B
$1.9B
NWL
Growing faster (revenue YoY)
TAP
TAP
+4.7% gap
TAP
2.0%
-2.7%
NWL
Higher net margin
TAP
TAP
22.1% more per $
TAP
5.5%
-16.6%
NWL
More free cash flow
NWL
NWL
$303.9M more FCF
NWL
$91.0M
$-212.9M
TAP
Faster 2-yr revenue CAGR
NWL
NWL
Annualised
NWL
7.1%
-15.8%
TAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NWL
NWL
TAP
TAP
Revenue
$1.9B
$2.7B
Net Profit
$-315.0M
$150.1M
Gross Margin
33.1%
33.0%
Operating Margin
-14.3%
Net Margin
-16.6%
5.5%
Revenue YoY
-2.7%
2.0%
Net Profit YoY
-483.3%
25.0%
EPS (diluted)
$-0.75
$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.

Revenue
NWL
NWL
TAP
TAP
Q1 26
$2.7B
Q4 25
$1.9B
$3.1B
Q3 25
$1.8B
$3.5B
Q2 25
$1.9B
$3.7B
Q1 25
$1.6B
$2.7B
Q4 24
$1.9B
$3.2B
Q3 24
$1.9B
$3.6B
Q2 24
$2.0B
$3.8B
Net Profit
NWL
NWL
TAP
TAP
Q1 26
$150.1M
Q4 25
$-315.0M
$238.3M
Q3 25
$21.0M
$-2.9B
Q2 25
$46.0M
$428.7M
Q1 25
$-37.0M
$121.0M
Q4 24
$-54.0M
$287.8M
Q3 24
$-198.0M
$199.8M
Q2 24
$45.0M
$427.0M
Gross Margin
NWL
NWL
TAP
TAP
Q1 26
33.0%
Q4 25
33.1%
31.0%
Q3 25
34.1%
33.7%
Q2 25
35.4%
34.3%
Q1 25
32.1%
31.6%
Q4 24
34.2%
32.0%
Q3 24
34.9%
33.4%
Q2 24
34.4%
34.6%
Operating Margin
NWL
NWL
TAP
TAP
Q1 26
Q4 25
-14.3%
10.4%
Q3 25
6.6%
-98.5%
Q2 25
8.8%
15.6%
Q1 25
1.3%
6.9%
Q4 24
0.5%
12.0%
Q3 24
-6.2%
12.5%
Q2 24
8.0%
15.6%
Net Margin
NWL
NWL
TAP
TAP
Q1 26
5.5%
Q4 25
-16.6%
7.6%
Q3 25
1.2%
-84.0%
Q2 25
2.4%
11.5%
Q1 25
-2.4%
4.5%
Q4 24
-2.8%
8.9%
Q3 24
-10.2%
5.5%
Q2 24
2.2%
11.1%
EPS (diluted)
NWL
NWL
TAP
TAP
Q1 26
$0.80
Q4 25
$-0.75
$1.32
Q3 25
$0.05
$-14.79
Q2 25
$0.11
$2.13
Q1 25
$-0.09
$0.59
Q4 24
$-0.13
$1.39
Q3 24
$-0.48
$0.96
Q2 24
$0.11
$2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NWL
NWL
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$203.0M
$382.6M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$2.4B
$10.3B
Total Assets
$10.7B
$22.4B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWL
NWL
TAP
TAP
Q1 26
$382.6M
Q4 25
$203.0M
$896.5M
Q3 25
$229.0M
$950.2M
Q2 25
$219.0M
$613.8M
Q1 25
$233.0M
$412.7M
Q4 24
$198.0M
$969.3M
Q3 24
$494.0M
$1.0B
Q2 24
$382.0M
$1.6B
Total Debt
NWL
NWL
TAP
TAP
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
Stockholders' Equity
NWL
NWL
TAP
TAP
Q1 26
$10.3B
Q4 25
$2.4B
$10.2B
Q3 25
$2.7B
$10.3B
Q2 25
$2.7B
$13.4B
Q1 25
$2.7B
$13.1B
Q4 24
$2.8B
$13.1B
Q3 24
$2.9B
$13.3B
Q2 24
$3.1B
$13.2B
Total Assets
NWL
NWL
TAP
TAP
Q1 26
$22.4B
Q4 25
$10.7B
$22.7B
Q3 25
$11.3B
$22.9B
Q2 25
$11.5B
$26.8B
Q1 25
$11.3B
$25.9B
Q4 24
$11.0B
$26.1B
Q3 24
$11.8B
$26.6B
Q2 24
$12.0B
$27.4B
Debt / Equity
NWL
NWL
TAP
TAP
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
NWL
NWL
TAP
TAP
Operating Cash FlowLast quarter
$161.0M
Free Cash FlowOCF − Capex
$91.0M
$-212.9M
FCF MarginFCF / Revenue
4.8%
-7.8%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.0M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWL
NWL
TAP
TAP
Q1 26
Q4 25
$161.0M
$540.7M
Q3 25
$374.0M
$616.1M
Q2 25
$-58.0M
$718.3M
Q1 25
$-213.0M
$-90.7M
Q4 24
$150.0M
$494.5M
Q3 24
$282.0M
$521.2M
Q2 24
$32.0M
$869.2M
Free Cash Flow
NWL
NWL
TAP
TAP
Q1 26
$-212.9M
Q4 25
$91.0M
$357.8M
Q3 25
$315.0M
$483.0M
Q2 25
$-117.0M
$555.0M
Q1 25
$-272.0M
$-328.0M
Q4 24
$54.0M
$383.4M
Q3 24
$231.0M
$350.4M
Q2 24
$-21.0M
$691.7M
FCF Margin
NWL
NWL
TAP
TAP
Q1 26
-7.8%
Q4 25
4.8%
11.4%
Q3 25
17.4%
13.9%
Q2 25
-6.0%
14.8%
Q1 25
-17.4%
-12.2%
Q4 24
2.8%
11.8%
Q3 24
11.9%
9.7%
Q2 24
-1.0%
18.0%
Capex Intensity
NWL
NWL
TAP
TAP
Q1 26
Q4 25
3.7%
5.9%
Q3 25
3.3%
3.8%
Q2 25
3.0%
4.4%
Q1 25
3.8%
8.8%
Q4 24
4.9%
3.4%
Q3 24
2.6%
4.7%
Q2 24
2.6%
4.6%
Cash Conversion
NWL
NWL
TAP
TAP
Q1 26
Q4 25
2.27×
Q3 25
17.81×
Q2 25
-1.26×
1.68×
Q1 25
-0.75×
Q4 24
1.72×
Q3 24
2.61×
Q2 24
0.71×
2.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

TAP
TAP

Segment breakdown not available.

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