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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and Yum China Holdings, Inc. (YUMC). 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 $2.8B, roughly 1.1× Yum China Holdings, Inc.). Molson Coors Beverage Company runs the higher net margin — 7.6% vs 5.0%, a 2.7% gap on every dollar of revenue. On growth, Yum China Holdings, Inc. posted the faster year-over-year revenue change (8.8% vs -3.6%). Molson Coors Beverage Company produced more free cash flow last quarter ($357.8M vs $-116.0M). Over the past eight quarters, Molson Coors Beverage Company's revenue compounded faster (1.2% CAGR vs -2.3%).

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

Yum China Holdings, Inc. is an American-Chinese Fortune 500 fast-food restaurant company based in Shanghai, China. With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located ...

TAP vs YUMC — Head-to-Head

Bigger by revenue
TAP
TAP
1.1× larger
TAP
$3.1B
$2.8B
YUMC
Growing faster (revenue YoY)
YUMC
YUMC
+12.4% gap
YUMC
8.8%
-3.6%
TAP
Higher net margin
TAP
TAP
2.7% more per $
TAP
7.6%
5.0%
YUMC
More free cash flow
TAP
TAP
$473.8M more FCF
TAP
$357.8M
$-116.0M
YUMC
Faster 2-yr revenue CAGR
TAP
TAP
Annualised
TAP
1.2%
-2.3%
YUMC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TAP
TAP
YUMC
YUMC
Revenue
$3.1B
$2.8B
Net Profit
$238.3M
$140.0M
Gross Margin
31.0%
Operating Margin
10.4%
6.6%
Net Margin
7.6%
5.0%
Revenue YoY
-3.6%
8.8%
Net Profit YoY
-17.2%
21.7%
EPS (diluted)
$1.32
$0.40

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
YUMC
YUMC
Q4 25
$3.1B
$2.8B
Q3 25
$3.5B
$3.2B
Q2 25
$3.7B
$2.8B
Q1 25
$2.7B
$3.0B
Q4 24
$3.2B
$2.6B
Q3 24
$3.6B
$3.1B
Q2 24
$3.8B
$2.7B
Q1 24
$3.0B
$3.0B
Net Profit
TAP
TAP
YUMC
YUMC
Q4 25
$238.3M
$140.0M
Q3 25
$-2.9B
$282.0M
Q2 25
$428.7M
$215.0M
Q1 25
$121.0M
$292.0M
Q4 24
$287.8M
$115.0M
Q3 24
$199.8M
$297.0M
Q2 24
$427.0M
$212.0M
Q1 24
$207.8M
$287.0M
Gross Margin
TAP
TAP
YUMC
YUMC
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
YUMC
YUMC
Q4 25
10.4%
6.6%
Q3 25
-98.5%
12.5%
Q2 25
15.6%
10.9%
Q1 25
6.9%
13.4%
Q4 24
12.0%
5.8%
Q3 24
12.5%
12.1%
Q2 24
15.6%
9.9%
Q1 24
10.3%
12.6%
Net Margin
TAP
TAP
YUMC
YUMC
Q4 25
7.6%
5.0%
Q3 25
-84.0%
8.8%
Q2 25
11.5%
7.7%
Q1 25
4.5%
9.8%
Q4 24
8.9%
4.4%
Q3 24
5.5%
9.7%
Q2 24
11.1%
7.9%
Q1 24
6.8%
9.7%
EPS (diluted)
TAP
TAP
YUMC
YUMC
Q4 25
$1.32
$0.40
Q3 25
$-14.79
$0.76
Q2 25
$2.13
$0.58
Q1 25
$0.59
$0.77
Q4 24
$1.39
$0.30
Q3 24
$0.96
$0.77
Q2 24
$2.03
$0.55
Q1 24
$0.97
$0.71

Balance Sheet & Financial Strength

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

Metric
TAP
TAP
YUMC
YUMC
Cash + ST InvestmentsLiquidity on hand
$896.5M
$1.4B
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$10.2B
$5.4B
Total Assets
$22.7B
$10.8B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TAP
TAP
YUMC
YUMC
Q4 25
$896.5M
$1.4B
Q3 25
$950.2M
$2.1B
Q2 25
$613.8M
$2.2B
Q1 25
$412.7M
$2.0B
Q4 24
$969.3M
$1.8B
Q3 24
$1.0B
$2.5B
Q2 24
$1.6B
$2.5B
Q1 24
$458.4M
$2.4B
Total Debt
TAP
TAP
YUMC
YUMC
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
YUMC
YUMC
Q4 25
$10.2B
$5.4B
Q3 25
$10.3B
$5.7B
Q2 25
$13.4B
$5.8B
Q1 25
$13.1B
$5.8B
Q4 24
$13.1B
$5.7B
Q3 24
$13.3B
$6.0B
Q2 24
$13.2B
$5.8B
Q1 24
$13.1B
$5.9B
Total Assets
TAP
TAP
YUMC
YUMC
Q4 25
$22.7B
$10.8B
Q3 25
$22.9B
$11.0B
Q2 25
$26.8B
$11.0B
Q1 25
$25.9B
$11.0B
Q4 24
$26.1B
$11.1B
Q3 24
$26.6B
$11.8B
Q2 24
$27.4B
$11.6B
Q1 24
$26.1B
$11.3B
Debt / Equity
TAP
TAP
YUMC
YUMC
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
YUMC
YUMC
Operating Cash FlowLast quarter
$540.7M
$125.0M
Free Cash FlowOCF − Capex
$357.8M
$-116.0M
FCF MarginFCF / Revenue
11.4%
-4.1%
Capex IntensityCapex / Revenue
5.9%
8.5%
Cash ConversionOCF / Net Profit
2.27×
0.89×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$840.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TAP
TAP
YUMC
YUMC
Q4 25
$540.7M
$125.0M
Q3 25
$616.1M
$477.0M
Q2 25
$718.3M
$412.0M
Q1 25
$-90.7M
$452.0M
Q4 24
$494.5M
$167.0M
Q3 24
$521.2M
$409.0M
Q2 24
$869.2M
$401.0M
Q1 24
$25.4M
$442.0M
Free Cash Flow
TAP
TAP
YUMC
YUMC
Q4 25
$357.8M
$-116.0M
Q3 25
$483.0M
$351.0M
Q2 25
$555.0M
$290.0M
Q1 25
$-328.0M
$315.0M
Q4 24
$383.4M
$-15.0M
Q3 24
$350.4M
$244.0M
Q2 24
$691.7M
$232.0M
Q1 24
$-189.3M
$253.0M
FCF Margin
TAP
TAP
YUMC
YUMC
Q4 25
11.4%
-4.1%
Q3 25
13.9%
10.9%
Q2 25
14.8%
10.4%
Q1 25
-12.2%
10.6%
Q4 24
11.8%
-0.6%
Q3 24
9.7%
7.9%
Q2 24
18.0%
8.7%
Q1 24
-6.2%
8.6%
Capex Intensity
TAP
TAP
YUMC
YUMC
Q4 25
5.9%
8.5%
Q3 25
3.8%
3.9%
Q2 25
4.4%
4.4%
Q1 25
8.8%
4.6%
Q4 24
3.4%
7.0%
Q3 24
4.7%
5.4%
Q2 24
4.6%
6.3%
Q1 24
7.0%
6.4%
Cash Conversion
TAP
TAP
YUMC
YUMC
Q4 25
2.27×
0.89×
Q3 25
1.69×
Q2 25
1.68×
1.92×
Q1 25
-0.75×
1.55×
Q4 24
1.72×
1.45×
Q3 24
2.61×
1.38×
Q2 24
2.04×
1.89×
Q1 24
0.12×
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TAP
TAP

Segment breakdown not available.

YUMC
YUMC

Revenue From External Customers$2.1B75%
Pizza Hut$540.0M19%
Corporate And Unallocated$105.0M4%
Other Revenue$45.0M2%
Franchise Fees And Income$25.0M1%

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