vs
Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and Union Pacific Corporation (UNP). Click either name above to swap in a different company.
Union Pacific Corporation is the larger business by last-quarter revenue ($6.2B vs $2.7B, roughly 2.3× Molson Coors Beverage Company). Union Pacific Corporation runs the higher net margin — 27.4% vs 5.5%, a 21.8% gap on every dollar of revenue. On growth, Union Pacific Corporation posted the faster year-over-year revenue change (3.2% vs 2.0%). Union Pacific Corporation produced more free cash flow last quarter ($631.0M vs $-212.9M). Over the past eight quarters, Union Pacific Corporation's revenue compounded faster (1.7% CAGR vs -15.8%).
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
The Union Pacific Railroad Company is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second-largest railroad in the United States after BNSF.
TAP vs UNP — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.7B | $6.2B |
| Net Profit | $150.1M | $1.7B |
| Gross Margin | 33.0% | — |
| Operating Margin | — | 39.5% |
| Net Margin | 5.5% | 27.4% |
| Revenue YoY | 2.0% | 3.2% |
| Net Profit YoY | 25.0% | -2.1% |
| EPS (diluted) | $0.80 | $2.87 |
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 | $2.7B | $6.2B | ||
| Q4 25 | $3.1B | $6.1B | ||
| Q3 25 | $3.5B | $6.2B | ||
| Q2 25 | $3.7B | $6.2B | ||
| Q1 25 | $2.7B | $6.0B | ||
| Q4 24 | $3.2B | $6.1B | ||
| Q3 24 | $3.6B | $6.1B | ||
| Q2 24 | $3.8B | $6.0B |
| Q1 26 | $150.1M | $1.7B | ||
| Q4 25 | $238.3M | $1.8B | ||
| Q3 25 | $-2.9B | $1.8B | ||
| Q2 25 | $428.7M | $1.9B | ||
| Q1 25 | $121.0M | $1.6B | ||
| Q4 24 | $287.8M | $1.8B | ||
| Q3 24 | $199.8M | $1.7B | ||
| Q2 24 | $427.0M | $1.7B |
| Q1 26 | 33.0% | — | ||
| 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 | — | 39.5% | ||
| Q4 25 | 10.4% | 39.5% | ||
| Q3 25 | -98.5% | 40.8% | ||
| Q2 25 | 15.6% | 41.0% | ||
| Q1 25 | 6.9% | 39.3% | ||
| Q4 24 | 12.0% | 41.3% | ||
| Q3 24 | 12.5% | 39.7% | ||
| Q2 24 | 15.6% | 40.0% |
| Q1 26 | 5.5% | 27.4% | ||
| Q4 25 | 7.6% | 30.4% | ||
| Q3 25 | -84.0% | 28.6% | ||
| Q2 25 | 11.5% | 30.5% | ||
| Q1 25 | 4.5% | 27.0% | ||
| Q4 24 | 8.9% | 28.8% | ||
| Q3 24 | 5.5% | 27.4% | ||
| Q2 24 | 11.1% | 27.9% |
| Q1 26 | $0.80 | $2.87 | ||
| Q4 25 | $1.32 | $3.12 | ||
| Q3 25 | $-14.79 | $3.01 | ||
| Q2 25 | $2.13 | $3.15 | ||
| Q1 25 | $0.59 | $2.70 | ||
| Q4 24 | $1.39 | $2.91 | ||
| Q3 24 | $0.96 | $2.75 | ||
| Q2 24 | $2.03 | $2.74 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $382.6M | $735.0M |
| Total DebtLower is stronger | $3.8B | — |
| Stockholders' EquityBook value | $10.3B | — |
| Total Assets | $22.4B | $69.6B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $382.6M | $735.0M | ||
| Q4 25 | $896.5M | $1.3B | ||
| Q3 25 | $950.2M | $808.0M | ||
| Q2 25 | $613.8M | $1.1B | ||
| Q1 25 | $412.7M | $1.4B | ||
| Q4 24 | $969.3M | $1.0B | ||
| Q3 24 | $1.0B | $947.0M | ||
| Q2 24 | $1.6B | $1.1B |
| Q1 26 | $3.8B | — | ||
| Q4 25 | $6.3B | $30.3B | ||
| Q3 25 | $6.3B | $30.3B | ||
| Q2 25 | $6.3B | $30.3B | ||
| Q1 25 | $6.2B | $30.6B | ||
| Q4 24 | $6.1B | $29.8B | ||
| Q3 24 | $6.2B | $29.8B | ||
| Q2 24 | $7.0B | $31.2B |
| Q1 26 | $10.3B | — | ||
| Q4 25 | $10.2B | $18.5B | ||
| Q3 25 | $10.3B | $17.3B | ||
| Q2 25 | $13.4B | $16.3B | ||
| Q1 25 | $13.1B | $16.0B | ||
| Q4 24 | $13.1B | $16.9B | ||
| Q3 24 | $13.3B | $16.6B | ||
| Q2 24 | $13.2B | $16.5B |
| Q1 26 | $22.4B | $69.6B | ||
| Q4 25 | $22.7B | $69.7B | ||
| Q3 25 | $22.9B | $68.6B | ||
| Q2 25 | $26.8B | $68.6B | ||
| Q1 25 | $25.9B | $68.5B | ||
| Q4 24 | $26.1B | $67.7B | ||
| Q3 24 | $26.6B | $67.6B | ||
| Q2 24 | $27.4B | $67.8B |
| Q1 26 | 0.38× | — | ||
| Q4 25 | 0.61× | 1.64× | ||
| Q3 25 | 0.61× | 1.75× | ||
| Q2 25 | 0.47× | 1.86× | ||
| Q1 25 | 0.47× | 1.91× | ||
| Q4 24 | 0.47× | 1.76× | ||
| Q3 24 | 0.47× | 1.79× | ||
| Q2 24 | 0.53× | 1.89× |
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 | — | — |
| Free Cash FlowOCF − Capex | $-212.9M | $631.0M |
| FCF MarginFCF / Revenue | -7.8% | 10.1% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $4.8B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $2.2B | ||
| Q3 25 | $616.1M | $2.5B | ||
| Q2 25 | $718.3M | $2.3B | ||
| Q1 25 | $-90.7M | $2.2B | ||
| Q4 24 | $494.5M | $2.7B | ||
| Q3 24 | $521.2M | $2.7B | ||
| Q2 24 | $869.2M | $1.9B |
| Q1 26 | $-212.9M | $631.0M | ||
| Q4 25 | $357.8M | $1.2B | ||
| Q3 25 | $483.0M | $1.6B | ||
| Q2 25 | $555.0M | $1.4B | ||
| Q1 25 | $-328.0M | $1.3B | ||
| Q4 24 | $383.4M | $1.7B | ||
| Q3 24 | $350.4M | $1.8B | ||
| Q2 24 | $691.7M | $1.0B |
| Q1 26 | -7.8% | 10.1% | ||
| Q4 25 | 11.4% | 20.1% | ||
| Q3 25 | 13.9% | 25.2% | ||
| Q2 25 | 14.8% | 22.7% | ||
| Q1 25 | -12.2% | 21.6% | ||
| Q4 24 | 11.8% | 28.4% | ||
| Q3 24 | 9.7% | 29.9% | ||
| Q2 24 | 18.0% | 16.8% |
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 16.4% | ||
| Q3 25 | 3.8% | 15.2% | ||
| Q2 25 | 4.4% | 15.2% | ||
| Q1 25 | 8.8% | 15.0% | ||
| Q4 24 | 3.4% | 15.1% | ||
| Q3 24 | 4.7% | 13.6% | ||
| Q2 24 | 4.6% | 15.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 1.20× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 1.68× | 1.24× | ||
| Q1 25 | -0.75× | 1.36× | ||
| Q4 24 | 1.72× | 1.51× | ||
| Q3 24 | 2.61× | 1.59× | ||
| Q2 24 | 2.04× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TAP
Segment breakdown not available.
UNP
| Freight revenues | $5.9B | 95% |
| Other revenues | $324.0M | 5% |
