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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and TE Connectivity (TEL). Click either name above to swap in a different company.

TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $2.7B, roughly 1.7× Molson Coors Beverage Company). TE Connectivity runs the higher net margin — 18.0% vs 5.5%, a 12.5% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (14.5% vs 2.0%). TE Connectivity produced more free cash flow last quarter ($680.0M vs $-212.9M). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs -15.8%).

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

TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.

TAP vs TEL — Head-to-Head

Bigger by revenue
TEL
TEL
1.7× larger
TEL
$4.7B
$2.7B
TAP
Growing faster (revenue YoY)
TEL
TEL
+12.5% gap
TEL
14.5%
2.0%
TAP
Higher net margin
TEL
TEL
12.5% more per $
TEL
18.0%
5.5%
TAP
More free cash flow
TEL
TEL
$892.9M more FCF
TEL
$680.0M
$-212.9M
TAP
Faster 2-yr revenue CAGR
TEL
TEL
Annualised
TEL
9.2%
-15.8%
TAP

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
TAP
TAP
TEL
TEL
Revenue
$2.7B
$4.7B
Net Profit
$150.1M
$855.0M
Gross Margin
33.0%
36.8%
Operating Margin
20.1%
Net Margin
5.5%
18.0%
Revenue YoY
2.0%
14.5%
Net Profit YoY
25.0%
58.0%
EPS (diluted)
$0.80
$2.90

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
TAP
TAP
TEL
TEL
Q1 26
$2.7B
$4.7B
Q4 25
$3.1B
$4.7B
Q3 25
$3.5B
$4.7B
Q2 25
$3.7B
$4.5B
Q1 25
$2.7B
$4.1B
Q4 24
$3.2B
$3.8B
Q3 24
$3.6B
$4.1B
Q2 24
$3.8B
$4.0B
Net Profit
TAP
TAP
TEL
TEL
Q1 26
$150.1M
$855.0M
Q4 25
$238.3M
$750.0M
Q3 25
$-2.9B
$663.0M
Q2 25
$428.7M
$638.0M
Q1 25
$121.0M
$13.0M
Q4 24
$287.8M
$528.0M
Q3 24
$199.8M
$276.0M
Q2 24
$427.0M
$573.0M
Gross Margin
TAP
TAP
TEL
TEL
Q1 26
33.0%
36.8%
Q4 25
31.0%
37.2%
Q3 25
33.7%
35.0%
Q2 25
34.3%
35.3%
Q1 25
31.6%
35.2%
Q4 24
32.0%
35.5%
Q3 24
33.4%
34.0%
Q2 24
34.6%
34.8%
Operating Margin
TAP
TAP
TEL
TEL
Q1 26
20.1%
Q4 25
10.4%
20.6%
Q3 25
-98.5%
19.3%
Q2 25
15.6%
18.9%
Q1 25
6.9%
18.1%
Q4 24
12.0%
18.0%
Q3 24
12.5%
16.0%
Q2 24
15.6%
19.0%
Net Margin
TAP
TAP
TEL
TEL
Q1 26
5.5%
18.0%
Q4 25
7.6%
16.1%
Q3 25
-84.0%
14.0%
Q2 25
11.5%
14.1%
Q1 25
4.5%
0.3%
Q4 24
8.9%
13.8%
Q3 24
5.5%
6.8%
Q2 24
11.1%
14.4%
EPS (diluted)
TAP
TAP
TEL
TEL
Q1 26
$0.80
$2.90
Q4 25
$1.32
$2.53
Q3 25
$-14.79
$2.23
Q2 25
$2.13
$2.14
Q1 25
$0.59
$0.04
Q4 24
$1.39
$1.75
Q3 24
$0.96
$0.96
Q2 24
$2.03
$1.86

Balance Sheet & Financial Strength

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

Metric
TAP
TAP
TEL
TEL
Cash + ST InvestmentsLiquidity on hand
$382.6M
$1.1B
Total DebtLower is stronger
$3.8B
$5.7B
Stockholders' EquityBook value
$10.3B
$13.2B
Total Assets
$22.4B
$25.7B
Debt / EquityLower = less leverage
0.38×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAP
TAP
TEL
TEL
Q1 26
$382.6M
$1.1B
Q4 25
$896.5M
$1.3B
Q3 25
$950.2M
$1.3B
Q2 25
$613.8M
$672.0M
Q1 25
$412.7M
$2.6B
Q4 24
$969.3M
$1.3B
Q3 24
$1.0B
$1.3B
Q2 24
$1.6B
$1.5B
Total Debt
TAP
TAP
TEL
TEL
Q1 26
$3.8B
$5.7B
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
TAP
TAP
TEL
TEL
Q1 26
$10.3B
$13.2B
Q4 25
$10.2B
$13.0B
Q3 25
$10.3B
$12.6B
Q2 25
$13.4B
$12.4B
Q1 25
$13.1B
$12.1B
Q4 24
$13.1B
$12.4B
Q3 24
$13.3B
$12.4B
Q2 24
$13.2B
$12.6B
Total Assets
TAP
TAP
TEL
TEL
Q1 26
$22.4B
$25.7B
Q4 25
$22.7B
$25.6B
Q3 25
$22.9B
$25.1B
Q2 25
$26.8B
$24.9B
Q1 25
$25.9B
$23.7B
Q4 24
$26.1B
$22.4B
Q3 24
$26.6B
$22.9B
Q2 24
$27.4B
$22.9B
Debt / Equity
TAP
TAP
TEL
TEL
Q1 26
0.38×
0.43×
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
TAP
TAP
TEL
TEL
Operating Cash FlowLast quarter
$947.0M
Free Cash FlowOCF − Capex
$-212.9M
$680.0M
FCF MarginFCF / Revenue
-7.8%
14.3%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
1.11×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TAP
TAP
TEL
TEL
Q1 26
$947.0M
Q4 25
$540.7M
$865.0M
Q3 25
$616.1M
$1.4B
Q2 25
$718.3M
$1.2B
Q1 25
$-90.7M
$653.0M
Q4 24
$494.5M
$878.0M
Q3 24
$521.2M
$1.0B
Q2 24
$869.2M
$1.0B
Free Cash Flow
TAP
TAP
TEL
TEL
Q1 26
$-212.9M
$680.0M
Q4 25
$357.8M
$607.0M
Q3 25
$483.0M
$1.1B
Q2 25
$555.0M
$957.0M
Q1 25
$-328.0M
$423.0M
Q4 24
$383.4M
$673.0M
Q3 24
$350.4M
$829.0M
Q2 24
$691.7M
$857.0M
FCF Margin
TAP
TAP
TEL
TEL
Q1 26
-7.8%
14.3%
Q4 25
11.4%
13.0%
Q3 25
13.9%
24.2%
Q2 25
14.8%
21.1%
Q1 25
-12.2%
10.2%
Q4 24
11.8%
17.5%
Q3 24
9.7%
20.4%
Q2 24
18.0%
21.5%
Capex Intensity
TAP
TAP
TEL
TEL
Q1 26
5.7%
Q4 25
5.9%
5.5%
Q3 25
3.8%
5.7%
Q2 25
4.4%
5.1%
Q1 25
8.8%
5.6%
Q4 24
3.4%
5.3%
Q3 24
4.7%
5.2%
Q2 24
4.6%
3.7%
Cash Conversion
TAP
TAP
TEL
TEL
Q1 26
1.11×
Q4 25
2.27×
1.15×
Q3 25
2.14×
Q2 25
1.68×
1.86×
Q1 25
-0.75×
50.23×
Q4 24
1.72×
1.66×
Q3 24
2.61×
3.78×
Q2 24
2.04×
1.76×

Financial Flow Comparison

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

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