MNST · Monster Beverage Corp

$46.69 -1.12 (-2.34%)

Market Cap

$94.27B

1.96B

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$8.29B +10.7%

FY2025

Net Income

$1.91B +26.3%

FY2025

Gross Margin

55.85% +1.8pp

FY2025

Operating Margin

29.17% +3.4pp

FY2025

Diluted EPS

$0.57 +3.2%

FY2010

Operating Cash Flow

$2.1B +8.8%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+9.5%	+12.5%	—	$9.22B	$8.29B	$7.49B	$7.14B	$6.31B	$5.54B	$4.6B	$4.2B	$3.81B	$3.37B	$3.05B	—	—	—	—	—	—	—	—
Cost of Revenue	+5.3%	+14.3%	+12.9%	$4.1B	$3.66B	$3.44B	$3.35B	$3.14B	$2.43B	$1.87B	$1.68B	$1.51B	$1.23B	$1.11B	$1.09B	$1.13B	$1.07B	$995.05M	$808.92M	$623.7M	$530.98M	$494.99M
Gross Profit	+13.4%	+11.2%	+11.0%	$5.12B	$4.63B	$4.05B	$3.79B	$3.17B	$3.11B	$2.72B	$2.52B	$2.3B	$2.14B	$1.94B	$1.63B	$1.34B	$1.17B	$1.07B	$894.31M	$680.24M	$612.32M	$538.79M
Gross Margin	—	—	—	—	55.85%	54.04%	53.14%	50.3%	56.1%	59.23%	59.95%	60.29%	63.45%	63.68%	—	—	—	—	—	—	—	—
Amortization of Intangibles	+36.4%	+20.2%	+17.3%	$16.1M	$19.3M	$7.5M	$5.9M	$7.6M	$4.4M	$7.7M	$11.6M	$11.9M	$11.9M	$10.6M	$3.9M	$7M	$7M	$50K	$50K	$48K	$68K	$55K
Depreciation & Amortization	+23.2%	+14.9%	+14.0%	$28.4M	$114.44M	$80.43M	$68.9M	$61.24M	$50.16M	$57.03M	$60.73M	$56.98M	$48.89M	$40.85M	$30.86M	$25.65M	$22.76M	$20.56M	$17.03M	$11.73M	$5.84M	$3.42M
Total Operating Expenses	+11.7%	+15.2%	+9.4%	$2.43B	$2.21B	$2.12B	$1.84B	$1.59B	$1.31B	$1.09B	$1.12B	$1.01B	$938.9M	$856.66M	$900.12M	$592.31M	$600.02M	$515.03M	$437.89M	$332.43M	$275.01M	$375.2M
Operating Income	+15.1%	+8.2%	+10.5%	$2.69B	$2.42B	$1.93B	$1.95B	$1.58B	$1.8B	$1.63B	$1.4B	$1.28B	$1.2B	$1.09B	$893.65M	$747.51M	$572.92M	$550.62M	$456.42M	$347.81M	$337.31M	$163.59M
Operating Margin	—	—	—	—	29.17%	25.76%	27.36%	25.11%	32.44%	35.51%	33.4%	33.72%	35.58%	35.59%	—	—	—	—	—	—	—	—
EBITDA	+15.5%	+8.4%	+10.6%	—	$2.53B	$2.01B	$2.02B	$1.65B	$1.85B	$1.69B	$1.46B	$1.34B	$1.25B	$1.13B	$924.51M	$773.16M	$595.68M	$571.19M	$473.46M	$359.54M	$343.15M	$167.01M
Other Non-Operating Income	—	—	—	$87.84M	$63.18M	$59.17M	$115.13M	-$12.76M	$3.95M	-$7M	$13.02M	$9.65M	$2.84M	-$5.65M	-$2.11M	-$1.72M	-$9.02M	-$1.47M	$847K	$1.49M	-$1.61M	$9.89M
Pretax Income	+16.5%	+8.8%	+10.8%	$2.78B	$2.48B	$1.99B	$2.07B	$1.57B	$1.8B	$1.63B	$1.42B	$1.29B	$1.2B	$1.08B	$891.55M	$745.79M	$563.89M	$549.15M	$457.27M	$349.3M	$335.7M	$173.48M
Income Tax	+14.9%	+21.7%	+5.3%	$648.55M	$577.1M	$480.41M	$437.49M	$380.34M	$423.94M	$216.56M	$308.13M	$300.27M	$380.95M	$367M	$344.82M	$262.6M	$225.23M	$209.13M	$171.05M	$137.27M	$126.98M	$65.45M
Net Income	+16.9%	+6.2%	+13.3%	$2.13B	$1.91B	$1.51B	$1.63B	$1.19B	$1.38B	$1.41B	$1.11B	$993M	$820.68M	$712.69M	$546.73M	—	—	—	—	$212.03M	$208.72M	$108.03M
Net Margin	—	—	—	—	22.97%	20.14%	22.84%	18.88%	24.86%	30.65%	26.37%	26.08%	24.36%	23.37%	—	—	—	—	—	—	—	—
Net Income Available to Common Stockholders	+16.9%	+6.2%	+13.3%	$2.13B	$1.91B	$1.51B	$1.63B	$1.19B	$1.38B	$1.41B	$1.11B	$993M	$820.68M	$712.69M	$546.73M	$483.19M	$338.66M	$340.02M	$286.22M	$212.03M	$208.72M	—
Comprehensive Income	+24.3%	+7.9%	+14.7%	$2.11B	$2.11B	$1.36B	$1.66B	$1.1B	$1.31B	$1.45B	$1.11B	$976.8M	$827.27M	$711.31M	$536.31M	$472.97M	$335.35M	$343.64M	$284.39M	$216.98M	$214.87M	—
EPS (Basic) USD/shares	—	—	—	$0.72	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0.60	$0.58	$0.29
EPS (Diluted) USD/shares	—	—	—	$0.68	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0.57	$0.55	$0.28
Shares Outstanding (Basic Avg) shares	-2.5%	-1.6%	-1.5%	—	1.95B	2.01B	2.09B	2.11B	2.12B	2.12B	2.17B	2.23B	2.27B	2.35B	2.27B	2.01B	666.72M	694.85M	704.85M	708.11M	719.74M	370.06M
Shares Outstanding (Diluted Avg) shares	-2.6%	-1.6%	-1.6%	—	1.97B	2.03B	2.12B	2.13B	2.14B	2.14B	2.19B	2.26B	2.31B	2.4B	2.31B	2.09B	693.55M	732.33M	746.7M	744.17M	757.14M	390.12M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $12.58B in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

10.04×

Peer median 3.57×

EV/EBIT

34.43×

Peer median 22.02×

P/E (TTM)

—

Peer medians compare against the 4 similar-size Beverages - Non-Alcoholic companies (of 16 listed).

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Monster Energy Drinks Segment	$7,665,871,000	$6,864,597,000	$6,555,089,000	$5,833,211,000	$5,220,673,000	$4,305,246,000	$3,904,029,000	$3,498,427,000
Strategic Brands Segment	$468,716,000	$432,233,000	$376,589,000	$353,490,000	$294,762,000	$266,354,000	$274,925,000	$285,836,000
Alcohol Brands Segment	$134,720,000	$172,313,000	$184,855,000	$101,405,000	—	—	—	—
All Other Segments	$25,036,000	$23,566,000	$23,494,000	$22,944,000	$25,917,000	$27,038,000	$21,865,000	$22,920,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
U.S. and Canada	$5,072,691,000	$4,721,853,000	$4,610,069,000	$4,115,544,000	$3,640,011,000	$3,214,566,000	$2,995,534,000	$2,829,597,000
EMEA	$1,899,568,000	$1,563,366,000	$1,390,659,000	$1,228,742,000	$1,103,428,000	$745,827,000	$674,509,000	$578,667,000
Latin America and Caribbean	$697,971,000	$666,454,000	$624,850,000	$510,578,000	$325,079,000	$214,453,000	$179,032,000	$147,493,000
Asia Pacific	$624,113,000	$541,036,000	$514,449,000	$456,186,000	$472,834,000	$423,792,000	$351,744,000	$251,426,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Monster Energy Drinks Segment	$2,462,456,000	$2,338,744,000	$1,850,053,000	$1,990,785,000	$1,820,346,000	$1,565,977,000	$1,371,062,000	$1,264,579,000
Strategic Brands Segment	$233,752,000	$207,146,000	$197,709,000	$173,660,000	$155,047,000	$164,053,000	$176,520,000	$174,458,000
All Other Segments	$4,647,000	$3,564,000	$3,040,000	$6,935,000	$5,930,000	$3,650,000	$5,362,000	$5,583,000
Alcohol Brands Segment	-$200,316,000	-$81,124,000	-$31,502,000	—	—	—	—	—

Operating Margin by Segment (%)

Component	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Monster Energy Drinks Segment	35.9%	35.7%	31.7%	38.1%	42.3%	40.1%	39.2%
Strategic Brands Segment	54.1%	55%	55.9%	58.9%	58.2%	59.7%	61.8%
Alcohol Brands Segment	-116.3%	-43.9%	-31.1%	—	—	—	—
All Other Segments	19.7%	15.2%	13.2%	26.8%	21.9%	16.7%	23.4%

Key facts CIK 865752 CUSIP 61174X109 13F (30d) 976 filings 973 filers Visit website Investor relations