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Since the pandemic-era valuation peaks of 2021 and 2022, nearly $850 billion in market capitalization has been erased from the world’s largest publicly traded companies in the beverage alcohol industry, according to Kearney’s analysis of S&P Capital IQ data. The figure combines the declines from each company’s individual peak valuation to its market capitalization on…

Since the pandemic-era valuation peaks of 2021 and 2022, nearly $850 billion in market capitalization has been erased from the world’s largest publicly traded companies in the beverage alcohol industry, according to Kearney’s analysis of S&P Capital IQ data. The figure combines the declines from each company’s individual peak valuation to its market capitalization on…

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