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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and THOMSON REUTERS CORP (TRI). 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 $1.8B, roughly 1.8× THOMSON REUTERS CORP). THOMSON REUTERS CORP runs the higher net margin — 17.5% vs 7.6%, a 9.9% gap on every dollar of revenue. On growth, THOMSON REUTERS CORP posted the faster year-over-year revenue change (2.6% vs -3.6%).

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

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

TAP vs TRI — Head-to-Head

Bigger by revenue
TAP
TAP
1.8× larger
TAP
$3.1B
$1.8B
TRI
Growing faster (revenue YoY)
TRI
TRI
+6.2% gap
TRI
2.6%
-3.6%
TAP
Higher net margin
TRI
TRI
9.9% more per $
TRI
17.5%
7.6%
TAP

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
TAP
TAP
TRI
TRI
Revenue
$3.1B
$1.8B
Net Profit
$238.3M
$313.0M
Gross Margin
31.0%
Operating Margin
10.4%
24.4%
Net Margin
7.6%
17.5%
Revenue YoY
-3.6%
2.6%
Net Profit YoY
-17.2%
-62.8%
EPS (diluted)
$1.32
$0.69

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
TRI
TRI
Q4 25
$3.1B
Q3 25
$3.5B
Q2 25
$3.7B
$1.8B
Q1 25
$2.7B
Q4 24
$3.2B
Q3 24
$3.6B
Q2 24
$3.8B
$1.7B
Q1 24
$3.0B
Net Profit
TAP
TAP
TRI
TRI
Q4 25
$238.3M
Q3 25
$-2.9B
Q2 25
$428.7M
$313.0M
Q1 25
$121.0M
Q4 24
$287.8M
Q3 24
$199.8M
Q2 24
$427.0M
$841.0M
Q1 24
$207.8M
Gross Margin
TAP
TAP
TRI
TRI
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 24
31.6%
Operating Margin
TAP
TAP
TRI
TRI
Q4 25
10.4%
Q3 25
-98.5%
Q2 25
15.6%
24.4%
Q1 25
6.9%
Q4 24
12.0%
Q3 24
12.5%
Q2 24
15.6%
23.9%
Q1 24
10.3%
Net Margin
TAP
TAP
TRI
TRI
Q4 25
7.6%
Q3 25
-84.0%
Q2 25
11.5%
17.5%
Q1 25
4.5%
Q4 24
8.9%
Q3 24
5.5%
Q2 24
11.1%
48.3%
Q1 24
6.8%
EPS (diluted)
TAP
TAP
TRI
TRI
Q4 25
$1.32
Q3 25
$-14.79
Q2 25
$2.13
$0.69
Q1 25
$0.59
Q4 24
$1.39
Q3 24
$0.96
Q2 24
$2.03
$1.86
Q1 24
$0.97

Balance Sheet & Financial Strength

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

Metric
TAP
TAP
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$896.5M
$664.0M
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$10.2B
$12.6B
Total Assets
$22.7B
$18.0B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAP
TAP
TRI
TRI
Q4 25
$896.5M
Q3 25
$950.2M
Q2 25
$613.8M
$664.0M
Q1 25
$412.7M
Q4 24
$969.3M
Q3 24
$1.0B
Q2 24
$1.6B
$1.7B
Q1 24
$458.4M
Total Debt
TAP
TAP
TRI
TRI
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
Stockholders' Equity
TAP
TAP
TRI
TRI
Q4 25
$10.2B
Q3 25
$10.3B
Q2 25
$13.4B
$12.6B
Q1 25
$13.1B
Q4 24
$13.1B
Q3 24
$13.3B
Q2 24
$13.2B
$11.6B
Q1 24
$13.1B
Total Assets
TAP
TAP
TRI
TRI
Q4 25
$22.7B
Q3 25
$22.9B
Q2 25
$26.8B
$18.0B
Q1 25
$25.9B
Q4 24
$26.1B
Q3 24
$26.6B
Q2 24
$27.4B
$18.4B
Q1 24
$26.1B
Debt / Equity
TAP
TAP
TRI
TRI
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
TAP
TAP
TRI
TRI
Operating Cash FlowLast quarter
$540.7M
$746.0M
Free Cash FlowOCF − Capex
$357.8M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
2.27×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TAP
TAP
TRI
TRI
Q4 25
$540.7M
Q3 25
$616.1M
Q2 25
$718.3M
$746.0M
Q1 25
$-90.7M
Q4 24
$494.5M
Q3 24
$521.2M
Q2 24
$869.2M
$705.0M
Q1 24
$25.4M
Free Cash Flow
TAP
TAP
TRI
TRI
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 24
$-189.3M
FCF Margin
TAP
TAP
TRI
TRI
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 24
-6.2%
Capex Intensity
TAP
TAP
TRI
TRI
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 24
7.0%
Cash Conversion
TAP
TAP
TRI
TRI
Q4 25
2.27×
Q3 25
Q2 25
1.68×
2.38×
Q1 25
-0.75×
Q4 24
1.72×
Q3 24
2.61×
Q2 24
2.04×
0.84×
Q1 24
0.12×

Financial Flow Comparison

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

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