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TAP vs. SAM
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

TAP vs. SAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Molson Coors Brewing Company (TAP) and The Boston Beer Company, Inc. (SAM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TAP achieves a -13.18% return, which is significantly lower than SAM's -8.98% return. Over the past 10 years, TAP has underperformed SAM with an annualized return of -6.26%, while SAM has yielded a comparatively higher 0.99% annualized return.


TAP

1D
0.61%
1M
-5.72%
YTD
-13.18%
6M
-12.94%
1Y
-13.97%
3Y*
-12.76%
5Y*
-3.18%
10Y*
-6.26%

SAM

1D
0.85%
1M
-6.57%
YTD
-8.98%
6M
-10.51%
1Y
-10.37%
3Y*
-17.18%
5Y*
-29.36%
10Y*
0.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TAP vs. SAM - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TAP
Molson Coors Brewing Company
-13.18%-15.53%-3.43%22.15%14.39%4.12%-15.20%-0.44%-29.88%-14.11%
SAM
The Boston Beer Company, Inc.
-8.98%-34.95%-13.20%4.88%-34.76%-49.20%163.14%56.89%26.03%12.51%

Correlation

The correlation between TAP and SAM is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (10Y)
Calculated over the trailing 10-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Nov 21, 1995

0.24

Over the past year, TAP and SAM have become more correlated (0.61) than their long-term average of 0.24, meaning their price movements have been converging.

Fundamentals

Market Cap

TAP:

$7.51B

SAM:

$1.86B

EPS

TAP:

-$10.76

SAM:

-$5.70

PS Ratio

TAP:

0.69

SAM:

0.91

PB Ratio

TAP:

0.75

SAM:

2.72

Total Revenue (TTM)

TAP:

$11.19B

SAM:

$2.09B

Gross Profit (TTM)

TAP:

$4.23B

SAM:

$947.28M

EBITDA (TTM)

TAP:

-$1.54B

SAM:

$23.70M

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Return for Risk

TAP vs. SAM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TAP
TAP Risk / Return Rank: 2020
Overall Rank
TAP Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
TAP Sortino Ratio Rank: 1818
Sortino Ratio Rank
TAP Omega Ratio Rank: 1919
Omega Ratio Rank
TAP Calmar Ratio Rank: 2424
Calmar Ratio Rank
TAP Martin Ratio Rank: 2121
Martin Ratio Rank

SAM
SAM Risk / Return Rank: 2929
Overall Rank
SAM Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
SAM Sortino Ratio Rank: 2828
Sortino Ratio Rank
SAM Omega Ratio Rank: 2828
Omega Ratio Rank
SAM Calmar Ratio Rank: 3333
Calmar Ratio Rank
SAM Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TAP vs. SAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Molson Coors Brewing Company (TAP) and The Boston Beer Company, Inc. (SAM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


TAPSAMDifference
Sharpe ratioReturn per unit of total volatility

-0.25

Sortino ratioReturn per unit of downside risk

-0.45

Omega ratioGain probability vs. loss probability

0.93

0.98

-0.05

Calmar ratioReturn relative to maximum drawdown

-0.51

-0.27

-0.23

Martin ratioReturn relative to average drawdown

-1.01

-0.76

-0.25

TAP vs. SAM - Sharpe Ratio Comparison

The current TAP Sharpe Ratio is -0.53, which is lower than the SAM Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of TAP and SAM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TAP vs. SAM - Drawdown Comparison

The maximum TAP drawdown since its inception was -67.73%, smaller than the maximum SAM drawdown of -87.67%. Use the drawdown chart below to compare losses from any high point for TAP and SAM.


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Drawdown Indicators


TAPSAMDifference

Max Drawdown

Largest peak-to-trough decline

-67.73%

-87.67%

+19.94%

Max Drawdown (1Y)

Largest decline over 1 year

-27.75%

-38.06%

+10.31%

Max Drawdown (3Y)

Largest decline over 3 years

-39.73%

-59.09%

+19.36%

Max Drawdown (5Y)

Largest decline over 5 years

-39.73%

-84.48%

+44.75%

Max Drawdown (10Y)

Largest decline over 10 years

-67.73%

-87.67%

+19.94%

Current Drawdown

Current decline from peak

-53.98%

-86.41%

+32.43%

Average Drawdown

Average peak-to-trough decline

-22.81%

-40.76%

+17.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.85%

13.76%

+0.09%

Volatility

TAP vs. SAM - Volatility Comparison

The current volatility for Molson Coors Brewing Company (TAP) is 7.79%, while The Boston Beer Company, Inc. (SAM) has a volatility of 12.05%. This indicates that TAP experiences smaller price fluctuations and is considered to be less risky than SAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TAPSAMDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.79%

12.05%

-4.26%

Volatility (6M)

Calculated over the trailing 6-month period

19.96%

28.09%

-8.13%

Volatility (1Y)

Calculated over the trailing 1-year period

26.31%

37.16%

-10.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.60%

39.83%

-14.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.54%

40.82%

-12.28%

Dividends

TAP vs. SAM - Dividend Comparison

TAP's dividend yield for the trailing twelve months is around 4.79%, while SAM has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
SAM
The Boston Beer Company, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TAP
Molson Coors Brewing Company
4.79%4.03%3.07%2.68%2.95%1.47%1.26%3.64%2.92%2.00%1.69%1.75%

Financials

TAP vs. SAM - Financials Comparison

This section allows you to compare key financial metrics between Molson Coors Brewing Company and The Boston Beer Company, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00B2.50B3.00B3.50B20222023202420252026
2.35B
461.58M
(TAP) Total Revenue
(SAM) Total Revenue
Values in USD except per share items

TAP vs. SAM - Profitability Comparison

The chart below illustrates the profitability comparison between Molson Coors Brewing Company and The Boston Beer Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%35.0%40.0%45.0%50.0%20222023202420252026
38.2%
46.4%
Portfolio components
TAP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported a gross profit of 897.20M and revenue of 2.35B. Therefore, the gross margin over that period was 38.2%.

SAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported a gross profit of 213.96M and revenue of 461.58M. Therefore, the gross margin over that period was 46.4%.

TAP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported an operating income of 258.30M and revenue of 2.35B, resulting in an operating margin of 11.0%.

SAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported an operating income of -190.46M and revenue of 461.58M, resulting in an operating margin of -41.3%.

TAP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported a net income of 151.30M and revenue of 2.35B, resulting in a net margin of 6.4%.

SAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported a net income of -145.26M and revenue of 461.58M, resulting in a net margin of -31.5%.


Frequently Asked Questions


TAP and SAM have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SAM has higher volatility (12.05%) compared to TAP (7.79%). In terms of maximum drawdown, TAP dropped -67.73% vs SAM's -87.67%.

SAM currently has the higher Sharpe Ratio (-0.28 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for TAP and SAM

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