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Side-by-side financial comparison of RENAISSANCERE HOLDINGS LTD (RNR) 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 ($3.1B vs $2.2B, roughly 1.4× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 7.6%, a 15.9% gap on every dollar of revenue. On growth, Molson Coors Beverage Company posted the faster year-over-year revenue change (-3.6% vs -36.8%). Over the past eight quarters, Molson Coors Beverage Company's revenue compounded faster (1.2% CAGR vs -11.9%).
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
RNR vs TAP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $3.1B |
| Net Profit | $515.8M | $238.3M |
| Gross Margin | — | 31.0% |
| Operating Margin | — | 10.4% |
| Net Margin | 23.5% | 7.6% |
| Revenue YoY | -36.8% | -3.6% |
| Net Profit YoY | 72.6% | -17.2% |
| EPS (diluted) | $6.57 | $1.32 |
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 | $2.2B | — | ||
| Q4 25 | $3.0B | $3.1B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | $3.2B | $3.7B | ||
| Q1 25 | $3.5B | $2.7B | ||
| Q4 24 | $2.3B | $3.2B | ||
| Q3 24 | $4.0B | $3.6B | ||
| Q2 24 | $2.8B | $3.8B |
| Q1 26 | $515.8M | — | ||
| Q4 25 | $760.5M | $238.3M | ||
| Q3 25 | $916.5M | $-2.9B | ||
| Q2 25 | $835.4M | $428.7M | ||
| Q1 25 | $170.0M | $121.0M | ||
| Q4 24 | $-189.7M | $287.8M | ||
| Q3 24 | $1.2B | $199.8M | ||
| Q2 24 | $503.9M | $427.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 31.0% | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 34.3% | ||
| Q1 25 | — | 31.6% | ||
| Q4 24 | — | 32.0% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | — | 34.6% |
| Q1 26 | — | — | ||
| Q4 25 | 42.5% | 10.4% | ||
| Q3 25 | 46.3% | -98.5% | ||
| Q2 25 | 41.8% | 15.6% | ||
| Q1 25 | -2.0% | 6.9% | ||
| Q4 24 | -3.6% | 12.0% | ||
| Q3 24 | 43.7% | 12.5% | ||
| Q2 24 | 25.0% | 15.6% |
| Q1 26 | 23.5% | — | ||
| Q4 25 | 25.6% | 7.6% | ||
| Q3 25 | 28.7% | -84.0% | ||
| Q2 25 | 26.1% | 11.5% | ||
| Q1 25 | 4.9% | 4.5% | ||
| Q4 24 | -8.3% | 8.9% | ||
| Q3 24 | 29.8% | 5.5% | ||
| Q2 24 | 17.8% | 11.1% |
| Q1 26 | $6.57 | — | ||
| Q4 25 | $16.16 | $1.32 | ||
| Q3 25 | $19.40 | $-14.79 | ||
| Q2 25 | $17.20 | $2.13 | ||
| Q1 25 | $3.27 | $0.59 | ||
| Q4 24 | $-3.76 | $1.39 | ||
| Q3 24 | $22.62 | $0.96 | ||
| Q2 24 | $9.41 | $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 | $1.6B | $896.5M |
| Total DebtLower is stronger | — | $6.3B |
| Stockholders' EquityBook value | $4.3B | $10.2B |
| Total Assets | $53.7B | $22.7B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | $896.5M | ||
| Q3 25 | $1.7B | $950.2M | ||
| Q2 25 | $1.4B | $613.8M | ||
| Q1 25 | $1.6B | $412.7M | ||
| Q4 24 | $1.7B | $969.3M | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.6B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $6.3B | ||
| Q3 25 | $2.2B | $6.3B | ||
| Q2 25 | $2.3B | $6.3B | ||
| Q1 25 | $2.8B | $6.2B | ||
| Q4 24 | $1.9B | $6.1B | ||
| Q3 24 | $1.9B | $6.2B | ||
| Q2 24 | $2.0B | $7.0B |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $11.6B | $10.2B | ||
| Q3 25 | $11.5B | $10.3B | ||
| Q2 25 | $10.8B | $13.4B | ||
| Q1 25 | $10.3B | $13.1B | ||
| Q4 24 | $10.6B | $13.1B | ||
| Q3 24 | $11.2B | $13.3B | ||
| Q2 24 | $10.2B | $13.2B |
| Q1 26 | $53.7B | — | ||
| Q4 25 | $53.8B | $22.7B | ||
| Q3 25 | $54.5B | $22.9B | ||
| Q2 25 | $54.7B | $26.8B | ||
| Q1 25 | $53.6B | $25.9B | ||
| Q4 24 | $50.7B | $26.1B | ||
| Q3 24 | $52.8B | $26.6B | ||
| Q2 24 | $51.6B | $27.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.61× | ||
| Q3 25 | 0.19× | 0.61× | ||
| Q2 25 | 0.21× | 0.47× | ||
| Q1 25 | 0.27× | 0.47× | ||
| Q4 24 | 0.18× | 0.47× | ||
| Q3 24 | 0.17× | 0.47× | ||
| Q2 24 | 0.19× | 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 | — | $540.7M |
| Free Cash FlowOCF − Capex | — | $357.8M |
| FCF MarginFCF / Revenue | — | 11.4% |
| Capex IntensityCapex / Revenue | — | 5.9% |
| Cash ConversionOCF / Net Profit | — | 2.27× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $483.0M | $540.7M | ||
| Q3 25 | $1.6B | $616.1M | ||
| Q2 25 | $1.5B | $718.3M | ||
| Q1 25 | $157.8M | $-90.7M | ||
| Q4 24 | $778.9M | $494.5M | ||
| Q3 24 | $1.5B | $521.2M | ||
| Q2 24 | $1.2B | $869.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $357.8M | ||
| Q3 25 | — | $483.0M | ||
| Q2 25 | — | $555.0M | ||
| Q1 25 | — | $-328.0M | ||
| Q4 24 | — | $383.4M | ||
| Q3 24 | — | $350.4M | ||
| Q2 24 | — | $691.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | -12.2% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 4.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.64× | 2.27× | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.76× | 1.68× | ||
| Q1 25 | 0.93× | -0.75× | ||
| Q4 24 | — | 1.72× | ||
| Q3 24 | 1.26× | 2.61× | ||
| Q2 24 | 2.41× | 2.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
