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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and WEC Energy Group (WEC). 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 $2.5B, roughly 1.2× WEC Energy Group). WEC Energy Group runs the higher net margin — 12.5% vs 7.6%, a 4.9% gap on every dollar of revenue. On growth, WEC Energy Group posted the faster year-over-year revenue change (11.1% vs -3.6%). Over the past eight quarters, Molson Coors Beverage Company's revenue compounded faster (1.2% CAGR vs -2.7%).

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

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

TAP vs WEC — Head-to-Head

Bigger by revenue
TAP
TAP
1.2× larger
TAP
$3.1B
$2.5B
WEC
Growing faster (revenue YoY)
WEC
WEC
+14.7% gap
WEC
11.1%
-3.6%
TAP
Higher net margin
WEC
WEC
4.9% more per $
WEC
12.5%
7.6%
TAP
Faster 2-yr revenue CAGR
TAP
TAP
Annualised
TAP
1.2%
-2.7%
WEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TAP
TAP
WEC
WEC
Revenue
$3.1B
$2.5B
Net Profit
$238.3M
$316.8M
Gross Margin
31.0%
63.7%
Operating Margin
10.4%
17.9%
Net Margin
7.6%
12.5%
Revenue YoY
-3.6%
11.1%
Net Profit YoY
-17.2%
-30.1%
EPS (diluted)
$1.32

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
WEC
WEC
Q4 25
$3.1B
$2.5B
Q3 25
$3.5B
$2.1B
Q2 25
$3.7B
$2.0B
Q1 25
$2.7B
$3.1B
Q4 24
$3.2B
$2.3B
Q3 24
$3.6B
$1.9B
Q2 24
$3.8B
$1.8B
Q1 24
$3.0B
$2.7B
Net Profit
TAP
TAP
WEC
WEC
Q4 25
$238.3M
$316.8M
Q3 25
$-2.9B
$270.2M
Q2 25
$428.7M
$243.0M
Q1 25
$121.0M
$725.5M
Q4 24
$287.8M
$453.1M
Q3 24
$199.8M
$238.6M
Q2 24
$427.0M
$210.0M
Q1 24
$207.8M
$622.6M
Gross Margin
TAP
TAP
WEC
WEC
Q4 25
31.0%
63.7%
Q3 25
33.7%
71.1%
Q2 25
34.3%
71.6%
Q1 25
31.6%
63.0%
Q4 24
32.0%
67.7%
Q3 24
33.4%
72.1%
Q2 24
34.6%
73.5%
Q1 24
31.6%
65.4%
Operating Margin
TAP
TAP
WEC
WEC
Q4 25
10.4%
17.9%
Q3 25
-98.5%
21.4%
Q2 25
15.6%
20.1%
Q1 25
6.9%
29.8%
Q4 24
12.0%
25.9%
Q3 24
12.5%
20.6%
Q2 24
15.6%
20.6%
Q1 24
10.3%
30.3%
Net Margin
TAP
TAP
WEC
WEC
Q4 25
7.6%
12.5%
Q3 25
-84.0%
12.8%
Q2 25
11.5%
12.1%
Q1 25
4.5%
23.0%
Q4 24
8.9%
19.8%
Q3 24
5.5%
12.8%
Q2 24
11.1%
11.9%
Q1 24
6.8%
23.2%
EPS (diluted)
TAP
TAP
WEC
WEC
Q4 25
$1.32
Q3 25
$-14.79
Q2 25
$2.13
Q1 25
$0.59
Q4 24
$1.39
Q3 24
$0.96
Q2 24
$2.03
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
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$896.5M
$27.6M
Total DebtLower is stronger
$6.3B
$20.0B
Stockholders' EquityBook value
$10.2B
$14.1B
Total Assets
$22.7B
$51.5B
Debt / EquityLower = less leverage
0.61×
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAP
TAP
WEC
WEC
Q4 25
$896.5M
$27.6M
Q3 25
$950.2M
$51.1M
Q2 25
$613.8M
$23.0M
Q1 25
$412.7M
$82.2M
Q4 24
$969.3M
$9.8M
Q3 24
$1.0B
$322.5M
Q2 24
$1.6B
$224.0M
Q1 24
$458.4M
$38.9M
Total Debt
TAP
TAP
WEC
WEC
Q4 25
$6.3B
$20.0B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$6.1B
$18.9B
Q3 24
$6.2B
$16.9B
Q2 24
$7.0B
$16.9B
Q1 24
$6.2B
$15.4B
Stockholders' Equity
TAP
TAP
WEC
WEC
Q4 25
$10.2B
$14.1B
Q3 25
$10.3B
$14.0B
Q2 25
$13.4B
$13.7B
Q1 25
$13.1B
$13.4B
Q4 24
$13.1B
$12.8B
Q3 24
$13.3B
$12.4B
Q2 24
$13.2B
$12.4B
Q1 24
$13.1B
$12.4B
Total Assets
TAP
TAP
WEC
WEC
Q4 25
$22.7B
$51.5B
Q3 25
$22.9B
$49.8B
Q2 25
$26.8B
$48.5B
Q1 25
$25.9B
$48.2B
Q4 24
$26.1B
$47.4B
Q3 24
$26.6B
$45.2B
Q2 24
$27.4B
$44.6B
Q1 24
$26.1B
$43.9B
Debt / Equity
TAP
TAP
WEC
WEC
Q4 25
0.61×
1.42×
Q3 25
0.61×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.47×
1.48×
Q3 24
0.47×
1.36×
Q2 24
0.53×
1.36×
Q1 24
0.47×
1.24×

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
WEC
WEC
Operating Cash FlowLast quarter
$540.7M
$424.6M
Free Cash FlowOCF − Capex
$357.8M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
2.27×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TAP
TAP
WEC
WEC
Q4 25
$540.7M
$424.6M
Q3 25
$616.1M
$938.9M
Q2 25
$718.3M
$853.3M
Q1 25
$-90.7M
$1.2B
Q4 24
$494.5M
$581.8M
Q3 24
$521.2M
$729.0M
Q2 24
$869.2M
$1.0B
Q1 24
$25.4M
$863.6M
Free Cash Flow
TAP
TAP
WEC
WEC
Q4 25
$357.8M
Q3 25
$483.0M
$-625.7M
Q2 25
$555.0M
$23.9M
Q1 25
$-328.0M
$461.5M
Q4 24
$383.4M
Q3 24
$350.4M
$-67.3M
Q2 24
$691.7M
$343.5M
Q1 24
$-189.3M
$419.1M
FCF Margin
TAP
TAP
WEC
WEC
Q4 25
11.4%
Q3 25
13.9%
-29.7%
Q2 25
14.8%
1.2%
Q1 25
-12.2%
14.7%
Q4 24
11.8%
Q3 24
9.7%
-3.6%
Q2 24
18.0%
19.4%
Q1 24
-6.2%
15.6%
Capex Intensity
TAP
TAP
WEC
WEC
Q4 25
5.9%
Q3 25
3.8%
74.4%
Q2 25
4.4%
41.3%
Q1 25
8.8%
22.3%
Q4 24
3.4%
Q3 24
4.7%
42.7%
Q2 24
4.6%
39.2%
Q1 24
7.0%
16.6%
Cash Conversion
TAP
TAP
WEC
WEC
Q4 25
2.27×
1.34×
Q3 25
3.47×
Q2 25
1.68×
3.51×
Q1 25
-0.75×
1.60×
Q4 24
1.72×
1.28×
Q3 24
2.61×
3.06×
Q2 24
2.04×
4.94×
Q1 24
0.12×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TAP
TAP

Segment breakdown not available.

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

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