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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and Toast, Inc. (TOST). 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 $1.6B, roughly 1.9× Toast, Inc.). Molson Coors Beverage Company runs the higher net margin — 7.6% vs 6.2%, a 1.4% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -3.6%). Molson Coors Beverage Company produced more free cash flow last quarter ($357.8M vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 1.2%).
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
TAP vs TOST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.1B | $1.6B |
| Net Profit | $238.3M | $101.0M |
| Gross Margin | 31.0% | 25.9% |
| Operating Margin | 10.4% | 5.2% |
| Net Margin | 7.6% | 6.2% |
| Revenue YoY | -3.6% | 22.0% |
| Net Profit YoY | -17.2% | 215.6% |
| EPS (diluted) | $1.32 | $0.18 |
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.
| Q4 25 | $3.1B | $1.6B | ||
| Q3 25 | $3.5B | $1.6B | ||
| Q2 25 | $3.7B | $1.6B | ||
| Q1 25 | $2.7B | $1.3B | ||
| Q4 24 | $3.2B | $1.3B | ||
| Q3 24 | $3.6B | $1.3B | ||
| Q2 24 | $3.8B | $1.2B | ||
| Q1 24 | $3.0B | $1.1B |
| Q4 25 | $238.3M | $101.0M | ||
| Q3 25 | $-2.9B | $105.0M | ||
| Q2 25 | $428.7M | $80.0M | ||
| Q1 25 | $121.0M | $56.0M | ||
| Q4 24 | $287.8M | $32.0M | ||
| Q3 24 | $199.8M | $56.0M | ||
| Q2 24 | $427.0M | $14.0M | ||
| Q1 24 | $207.8M | $-83.0M |
| Q4 25 | 31.0% | 25.9% | ||
| Q3 25 | 33.7% | 26.5% | ||
| Q2 25 | 34.3% | 25.3% | ||
| Q1 25 | 31.6% | 25.9% | ||
| Q4 24 | 32.0% | 24.9% | ||
| Q3 24 | 33.4% | 24.7% | ||
| Q2 24 | 34.6% | 23.0% | ||
| Q1 24 | 31.6% | 23.2% |
| Q4 25 | 10.4% | 5.2% | ||
| Q3 25 | -98.5% | 5.1% | ||
| Q2 25 | 15.6% | 5.2% | ||
| Q1 25 | 6.9% | 3.2% | ||
| Q4 24 | 12.0% | 2.5% | ||
| Q3 24 | 12.5% | 2.6% | ||
| Q2 24 | 15.6% | 0.4% | ||
| Q1 24 | 10.3% | -5.2% |
| Q4 25 | 7.6% | 6.2% | ||
| Q3 25 | -84.0% | 6.4% | ||
| Q2 25 | 11.5% | 5.2% | ||
| Q1 25 | 4.5% | 4.2% | ||
| Q4 24 | 8.9% | 2.4% | ||
| Q3 24 | 5.5% | 4.3% | ||
| Q2 24 | 11.1% | 1.1% | ||
| Q1 24 | 6.8% | -7.7% |
| Q4 25 | $1.32 | $0.18 | ||
| Q3 25 | $-14.79 | $0.16 | ||
| Q2 25 | $2.13 | $0.13 | ||
| Q1 25 | $0.59 | $0.09 | ||
| Q4 24 | $1.39 | $0.09 | ||
| Q3 24 | $0.96 | $0.07 | ||
| Q2 24 | $2.03 | $0.02 | ||
| Q1 24 | $0.97 | $-0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $896.5M | $1.4B |
| Total DebtLower is stronger | $6.3B | — |
| Stockholders' EquityBook value | $10.2B | $2.1B |
| Total Assets | $22.7B | $3.1B |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $896.5M | $1.4B | ||
| Q3 25 | $950.2M | $1.4B | ||
| Q2 25 | $613.8M | $1.2B | ||
| Q1 25 | $412.7M | $1.0B | ||
| Q4 24 | $969.3M | $903.0M | ||
| Q3 24 | $1.0B | $761.0M | ||
| Q2 24 | $1.6B | $691.0M | ||
| Q1 24 | $458.4M | $578.0M |
| 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 24 | $6.2B | — |
| Q4 25 | $10.2B | $2.1B | ||
| Q3 25 | $10.3B | $2.0B | ||
| Q2 25 | $13.4B | $1.8B | ||
| Q1 25 | $13.1B | $1.7B | ||
| Q4 24 | $13.1B | $1.5B | ||
| Q3 24 | $13.3B | $1.4B | ||
| Q2 24 | $13.2B | $1.3B | ||
| Q1 24 | $13.1B | $1.2B |
| Q4 25 | $22.7B | $3.1B | ||
| Q3 25 | $22.9B | $3.0B | ||
| Q2 25 | $26.8B | $2.8B | ||
| Q1 25 | $25.9B | $2.6B | ||
| Q4 24 | $26.1B | $2.4B | ||
| Q3 24 | $26.6B | $2.2B | ||
| Q2 24 | $27.4B | $2.2B | ||
| Q1 24 | $26.1B | $2.1B |
| 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× | — | ||
| Q1 24 | 0.47× | — |
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 | $194.0M |
| Free Cash FlowOCF − Capex | $357.8M | $178.0M |
| FCF MarginFCF / Revenue | 11.4% | 10.9% |
| Capex IntensityCapex / Revenue | 5.9% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.27× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $540.7M | $194.0M | ||
| Q3 25 | $616.1M | $165.0M | ||
| Q2 25 | $718.3M | $223.0M | ||
| Q1 25 | $-90.7M | $79.0M | ||
| Q4 24 | $494.5M | $147.0M | ||
| Q3 24 | $521.2M | $109.0M | ||
| Q2 24 | $869.2M | $124.0M | ||
| Q1 24 | $25.4M | $-20.0M |
| Q4 25 | $357.8M | $178.0M | ||
| Q3 25 | $483.0M | $153.0M | ||
| Q2 25 | $555.0M | $208.0M | ||
| Q1 25 | $-328.0M | $69.0M | ||
| Q4 24 | $383.4M | $134.0M | ||
| Q3 24 | $350.4M | $97.0M | ||
| Q2 24 | $691.7M | $108.0M | ||
| Q1 24 | $-189.3M | $-33.0M |
| Q4 25 | 11.4% | 10.9% | ||
| Q3 25 | 13.9% | 9.4% | ||
| Q2 25 | 14.8% | 13.4% | ||
| Q1 25 | -12.2% | 5.2% | ||
| Q4 24 | 11.8% | 10.0% | ||
| Q3 24 | 9.7% | 7.4% | ||
| Q2 24 | 18.0% | 8.7% | ||
| Q1 24 | -6.2% | -3.1% |
| Q4 25 | 5.9% | 1.0% | ||
| Q3 25 | 3.8% | 0.7% | ||
| Q2 25 | 4.4% | 1.0% | ||
| Q1 25 | 8.8% | 0.7% | ||
| Q4 24 | 3.4% | 1.0% | ||
| Q3 24 | 4.7% | 0.9% | ||
| Q2 24 | 4.6% | 1.3% | ||
| Q1 24 | 7.0% | 1.2% |
| Q4 25 | 2.27× | 1.92× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | 1.68× | 2.79× | ||
| Q1 25 | -0.75× | 1.41× | ||
| Q4 24 | 1.72× | 4.59× | ||
| Q3 24 | 2.61× | 1.95× | ||
| Q2 24 | 2.04× | 8.86× | ||
| Q1 24 | 0.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TAP
Segment breakdown not available.
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
