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Monster Beverage Corporation MNST NDXSPX

Consumer Defensive · Beverages - Non-Alcoholic · United States
https://www.monsterbevcorp.com

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through four segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. In addition, the company provides its products under the Monster Energy, Monster Energy Ultra, Rehab Monster, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Monster Tour Water, Reign Total Body Fuel, Reign Storm, Bang Energy, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play, Relentless, BPM, BU, Samurai, Live+, Predator, and Fury brands. Further, it offers craft beers, flavored malt beverages,and hard seltzers under the Jai Alai IPA, Florida Man IPA, Dale's Pale Ale, Wild Basin Hard Seltzers, Dallas Blonde, Deep Ellum IPA, Perrin Brewing Company Black Ale, Hop Rising Double IPA, Wasatch Apricot Hefeweizen, The Beast, and Beast Tea, Blind Lemon, and Blinder Lemon brands. The company engages in the concentrates and/or beverage bases to authorized bottling, and canning operations. It sells its products to full-service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, food service customers, value stores, e-commerce retailers, and the military. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

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$88.08
+37.73% 1Y

Market & Price

Market Cap
$86.14B
Current Price
$88.08
High / Low (52W)
$89.24 / $58.65
Beta
0.50

Valuation

Stock P/E
42.55
Industry PE
18.88
Forward P/E
34.09
PEG Ratio
2.56
Book Value
$8.92
Price to Book
9.87
P/S
9.80
EV/EBITDA
29.50
Dividend Yield
-

Profitability & Returns

ROCE
28.33%
ROE
26.65%
ROA
17.72%
Profit Margin
23.11%
Op Margin
31.02%
EPS (Latest Qtr)
$0.58
EPS (TTM)
$2.07

Balance Sheet & Liquidity

Debt/Equity
1.08
Quick Ratio
2.68
Current Ratio
3.26
Debt
$94.47M
Total Assets
$9.99B
Current Assets
$5.36B
Working Capital
$3.91B

Ownership

Promoter Holding
28.29%
Chg in Prom Hold
-
FII / Inst Holding
70.90%
Chg in FII Hold
0.03%

Financial Snapshot

Enterprise Value
$83.25B
Total Revenue (TTM)
$8.79B
EBITDA
$2.82B
Free Cash Flow
$1.68B
Operating Cash Flow
$2.20B
Shares Outstanding
978.01M
Gross Margin
55.47%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
9.54%
Profit 5Y
16.94%
Revenue (YoY)
26.90%
Earnings (YoY)
28.90%

PROS

  • Strong return on equity of 26.7%.
  • Healthy ROCE of 28.3%.
  • Excellent profit margin of 23.1%.
  • Profit CAGR of 16.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MNST Monster Beverage Corporation NDXSPX 88.08 42.55 $86.14B - 28.33% 26.65% 9.54% 16.94%
2 WMT Walmart Inc. SPX 115.75 40.76 $922.64B 0.86% 18.21% 24.13% 5.27% 23.30%
3 COST Costco Wholesale Corporation NDXSPX 956.32 49.76 $424.27B 0.61% 27.44% 29.65% 6.64% 11.49%
4 KO The Coca-Cola Company SPX 79.01 24.85 $339.94B 2.68% 21.13% 43.37% 3.69% 11.16%
5 PG The Procter & Gamble Company SPX 143.56 21.02 $334.29B 2.97% 23.63% 31.11% 1.67% 2.71%
6 PM Philip Morris International Inc. SPX 177.38 24.98 $276.46B 3.31% 35.35% - 8.57% 7.84%
7 PEP PepsiCo, Inc. NDXSPX 144.19 22.64 $197.10B 4.11% 15.23% 43.88% 2.83% -2.57%
8 MO Altria Group, Inc. SPX 69.58 14.53 $116.19B 6.09% 40.85% - -0.89% 6.42%
9 MDLZ Mondelez International, Inc. NDXSPX 61.17 30.28 $78.52B 3.27% 7.28% 10.16% 6.96% -3.38%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------742.15M907.07M909.48M810.36M850.92M1.02B1.02B924.23M945.99M1.10B1.13B1.02B1.06B1.09B1.25B1.20B1.24B1.46B1.41B1.52B1.66B1.62B1.70B1.85B1.86B1.90B1.90B--1.85B2.11B2.20B2.13B2.35B
Cost of Revenue -----------------------------------806.60M935.18M972.65M947.72M1.06B
Gross Profit 465.48M403.36M423.10M517.81M502.98M498.11M480.87M583.50M569.71M503.61M515.26M620.26M607.66M552.20M573.53M661.28M673.00M610.77M637.20M659.47M736.53M690.68M714.93M836.84M789.16M776.67M779.86M833.73M897.85M974.22M983.76M1.03B1.02B--1.05B1.18B1.22B1.18B1.29B
Operating Expenses -----------------------------------478.22M544.79M549.13M640.70M563.39M
Operating Income 291.44M-254.71M288.52M290.38M-264.26M350.04M317.37M-279.92M357.62M339.57M-311.46M378.99M395.44M-364.99M407.26M458.60M-414.15M525.98M444.46M399.49M372.95M417.93M485.06M523.80M510.53M541.99M527.16M--569.75M631.62M675.35M542.63M729.96M
EBITDA -----------------------------------606.87M659.18M704.97M575.05M779.13M
Interest Expense -----------------------------------4.00M---600.00K
Pretax Income -----------------------------------578.02M646.69M689.54M568.29M750.13M
Tax Provision -----------------------------------135.02M157.89M165.08M119.10M180.64M
Net Income 174.57M138.74M163.88M184.22M191.64M172.95M177.98M222.63M218.74M201.32M216.05M270.12M267.73M239.10M261.49M292.47M298.92M254.95M278.83M311.37M347.65M471.74M315.19M403.76M337.20M294.20M273.36M322.39M397.44M413.87M452.69M442.05M425.37M--442.99M488.79M524.46M449.19M569.49M
Diluted EPS -----------------------------------0.450.500.530.460.58

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------3.05B3.37B3.81B4.20B4.60B-6.31B7.14B7.49B8.29B
Cost of Revenue --------------3.14B3.35B3.44B3.66B
Gross Profit 538.79M612.32M680.24M894.31M1.07B1.17B1.34B1.63B1.94B2.14B2.30B2.52B2.72B-3.17B3.79B4.05B4.63B
Operating Expenses --------------1.59B1.84B2.12B2.21B
Operating Income 163.59M337.31M347.81M456.42M550.62M572.92M747.50M893.65M1.09B1.20B1.28B1.40B1.63B-1.58B1.95B1.93B2.42B
EBITDA --------------1.65B2.02B2.01B2.53B
Interest Expense ------------------
Pretax Income --------------1.57B2.07B1.99B2.48B
Tax Provision --------------380.34M437.49M480.41M577.10M
Net Income -208.72M212.03M286.22M340.02M338.66M483.19M546.73M712.68M820.68M993.00M1.11B1.41B-1.19B1.63B1.51B1.91B
Diluted EPS 1.112.212.28-----------1.111.541.621.94

Compounded Sales Growth

5 Years:9.54%
1 Year:26.90%

Compounded Profit Growth

5 Years:16.94%
1 Year:28.90%

Stock Price Performance

1 Year:+37.73%
6 Months:+17.72%
3 Months:+3.26%
1 Month:+14.55%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --800.07M1.15B1.36B1.04B1.42B1.94B5.57B4.15B4.79B4.53B5.15B6.20B-8.29B9.69B7.72B9.99B
Current Assets ---------------4.76B5.59B3.64B5.36B
Cash & Equivalents 12.44M256.80M328.35M354.84M359.33M222.51M211.35M370.32M2.18B377.58M528.62M637.51M797.96M1.18B-1.31B2.30B1.53B2.09B
Inventory ---------------935.63M971.41M737.11M799.62M
Receivables ---------------1.02B1.19B1.22B1.62B
Total Liabilities ---------------1.27B1.46B1.76B1.73B
Current Liabilities --83.73M193.65M266.09M288.55M316.01M355.72M410.28M470.59M560.35M601.14M661.10M749.99M-1.00B1.16B1.10B1.45B
Long Term Debt -----------------373.95M-
Total Debt -----------------373.95M-
Total Equity -436.32M584.95M828.40M979.16M644.40M992.28M1.52B4.81B3.33B3.90B3.61B4.17B5.16B-7.03B8.23B5.96B8.25B
Shares Outstanding ---------------1.28B1.12B1.13B1.13B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 199.50M156.19M229.04M----522.72M701.36M987.73M1.16B1.11B1.36B1.16B887.70M1.72B1.93B2.10B
Investing Cash Flow 143.98M-4.47M-212.51M----400.07M-256.19M-531.54M272.96M-326.72M-472.49M-992.02M-161.37M-193.40M733.73M-1.32B
Financing Cash Flow -98.05M-82.08M9.24M----887.61M-2.24B-311.13M-1.32B-628.51M-526.07M34.82M-706.94M-542.60M-3.33B-324.42M
Capital Expenditure -6.72M-23.55M-12.54M-25.55M-42.94M-40.76M-27.95M-35.60M-99.82M-83.44M-61.94M-101.66M-48.72M-43.87M-212.15M-234.72M-306.43M-157.53M
Free Cash Flow 192.78M132.64M216.50M----487.12M601.54M904.30M1.10B1.01B1.32B1.11B675.55M1.48B1.62B1.94B
Net Change in Cash --------------19.39M981.76M-666.77M456.98M
Share Buybacks 103.47M86.17M23.54M176.39M727.67M67.60M8.18M807.97M2.25B361.18M1.34B707.30M595.92M13.83M771.03M658.95M3.77B103.65M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------63.7%63.5%60.3%60.0%59.2%-50.3%53.1%54.0%55.8%
Operating Margin % --------35.6%35.6%33.7%33.4%35.5%-25.1%27.4%25.8%29.2%
Net Margin % --------23.4%24.4%26.1%26.4%30.7%-18.9%22.8%20.1%23.0%
ROE % -35.7%25.6%29.2%52.8%34.1%31.9%11.4%21.4%21.1%27.5%26.6%27.3%-17.0%19.8%25.3%23.1%
ROCE % -47.1%36.5%41.6%73.0%51.9%47.2%17.3%29.5%28.3%32.7%31.3%30.0%-21.7%22.9%29.2%28.3%

Shareholding Pattern

Insiders
28.29%
Institutions
70.90%
Public Float
98.88%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 6.44% 63.00M $5.55B
2 Vanguard Capital Management LLC 4.64% 45.40M $4.00B
3 State Street Corporation 3.88% 37.93M $3.34B
4 Alliancebernstein L.P. 2.94% 28.80M $2.54B
5 JPMORGAN CHASE & CO 2.90% 28.38M $2.50B
6 LOOMIS SAYLES & CO L P 2.65% 25.91M $2.28B
7 Geode Capital Management, LLC 2.10% 20.57M $1.81B
8 Vanguard Portfolio Management LLC 1.60% 15.64M $1.38B
9 Invesco Ltd. 1.36% 13.31M $1.17B
10 Bank of America Corporation 1.28% 12.53M $1.10B

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