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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and Voya Financial, Inc. (VOYA). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $2.0B, roughly 1.3× Voya Financial, Inc.). Voya Financial, Inc. runs the higher net margin — 9.6% vs 5.5%, a 4.1% gap on every dollar of revenue. On growth, Voya Financial, Inc. posted the faster year-over-year revenue change (3.1% vs 2.0%). Over the past eight quarters, Voya Financial, Inc.'s revenue compounded faster (96.1% CAGR vs -15.8%).

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

Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial. Voya's predecessors had first entered the U.S. market in the 1970s.

TAP vs VOYA — Head-to-Head

Bigger by revenue
TAP
TAP
1.3× larger
TAP
$2.7B
$2.0B
VOYA
Growing faster (revenue YoY)
VOYA
VOYA
+1.1% gap
VOYA
3.1%
2.0%
TAP
Higher net margin
VOYA
VOYA
4.1% more per $
VOYA
9.6%
5.5%
TAP
Faster 2-yr revenue CAGR
VOYA
VOYA
Annualised
VOYA
96.1%
-15.8%
TAP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
TAP
TAP
VOYA
VOYA
Revenue
$2.7B
$2.0B
Net Profit
$150.1M
$195.0M
Gross Margin
33.0%
Operating Margin
Net Margin
5.5%
9.6%
Revenue YoY
2.0%
3.1%
Net Profit YoY
25.0%
29.1%
EPS (diluted)
$0.80
$1.75

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
VOYA
VOYA
Q1 26
$2.7B
$2.0B
Q4 25
$3.1B
$603.0M
Q3 25
$3.5B
$572.0M
Q2 25
$3.7B
$542.0M
Q1 25
$2.7B
$538.0M
Q4 24
$3.2B
$561.0M
Q3 24
$3.6B
$542.0M
Q2 24
$3.8B
$528.0M
Net Profit
TAP
TAP
VOYA
VOYA
Q1 26
$150.1M
$195.0M
Q4 25
$238.3M
$140.0M
Q3 25
$-2.9B
$192.0M
Q2 25
$428.7M
$166.0M
Q1 25
$121.0M
$156.0M
Q4 24
$287.8M
$97.0M
Q3 24
$199.8M
$114.0M
Q2 24
$427.0M
$205.0M
Gross Margin
TAP
TAP
VOYA
VOYA
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%
Operating Margin
TAP
TAP
VOYA
VOYA
Q1 26
Q4 25
10.4%
28.0%
Q3 25
-98.5%
53.7%
Q2 25
15.6%
34.7%
Q1 25
6.9%
32.2%
Q4 24
12.0%
21.4%
Q3 24
12.5%
21.4%
Q2 24
15.6%
52.3%
Net Margin
TAP
TAP
VOYA
VOYA
Q1 26
5.5%
9.6%
Q4 25
7.6%
23.2%
Q3 25
-84.0%
33.6%
Q2 25
11.5%
30.6%
Q1 25
4.5%
29.0%
Q4 24
8.9%
17.3%
Q3 24
5.5%
21.0%
Q2 24
11.1%
38.8%
EPS (diluted)
TAP
TAP
VOYA
VOYA
Q1 26
$0.80
$1.75
Q4 25
$1.32
$1.41
Q3 25
$-14.79
$1.80
Q2 25
$2.13
$1.66
Q1 25
$0.59
$1.42
Q4 24
$1.39
$0.99
Q3 24
$0.96
$0.98
Q2 24
$2.03
$1.96

Balance Sheet & Financial Strength

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

Metric
TAP
TAP
VOYA
VOYA
Cash + ST InvestmentsLiquidity on hand
$382.6M
$969.0M
Total DebtLower is stronger
$3.8B
$2.5B
Stockholders' EquityBook value
$10.3B
$6.5B
Total Assets
$22.4B
$173.4B
Debt / EquityLower = less leverage
0.38×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAP
TAP
VOYA
VOYA
Q1 26
$382.6M
$969.0M
Q4 25
$896.5M
Q3 25
$950.2M
Q2 25
$613.8M
Q1 25
$412.7M
Q4 24
$969.3M
Q3 24
$1.0B
Q2 24
$1.6B
Total Debt
TAP
TAP
VOYA
VOYA
Q1 26
$3.8B
$2.5B
Q4 25
$6.3B
$2.1B
Q3 25
$6.3B
$2.1B
Q2 25
$6.3B
$2.1B
Q1 25
$6.2B
$2.1B
Q4 24
$6.1B
$2.5B
Q3 24
$6.2B
$2.5B
Q2 24
$7.0B
$2.1B
Stockholders' Equity
TAP
TAP
VOYA
VOYA
Q1 26
$10.3B
$6.5B
Q4 25
$10.2B
$5.0B
Q3 25
$10.3B
$5.0B
Q2 25
$13.4B
$4.6B
Q1 25
$13.1B
$4.4B
Q4 24
$13.1B
$4.0B
Q3 24
$13.3B
$4.7B
Q2 24
$13.2B
$4.0B
Total Assets
TAP
TAP
VOYA
VOYA
Q1 26
$22.4B
$173.4B
Q4 25
$22.7B
$178.9B
Q3 25
$22.9B
$177.4B
Q2 25
$26.8B
$172.4B
Q1 25
$25.9B
$163.9B
Q4 24
$26.1B
$163.9B
Q3 24
$26.6B
$166.9B
Q2 24
$27.4B
$161.3B
Debt / Equity
TAP
TAP
VOYA
VOYA
Q1 26
0.38×
0.39×
Q4 25
0.61×
0.42×
Q3 25
0.61×
0.42×
Q2 25
0.47×
0.45×
Q1 25
0.47×
0.48×
Q4 24
0.47×
0.62×
Q3 24
0.47×
0.53×
Q2 24
0.53×
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TAP
TAP

Segment breakdown not available.

VOYA
VOYA

Premiums$744.0M37%
Fee income$604.0M30%
Other$574.0M28%
Other revenues$109.0M5%

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