Monster Beverage Corp (MNST)

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.

Symbol
MNST
Exchange
Nasdaq
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Market cap
$84.12B
52 week range
32.94 - 50.17

Valuation

Share price
$42.94 (close of 2026-10-02)
P/E (TTM)
39.45x
Price to book
8.98x
Price to free cash flow
40.10x
Enterprise value
$80.70B
Book value per share
$4.78

Price performance

PeriodChange
1 day+1.90%
5 days-0.39%
1 month-3.33%
3 months-12.01%
6 months+18.65%
Year to date+12.03%
1 year+27.08%
3 years+63.46%
5 years+91.10%
10 years+251.10%

Members of Congress who disclosed MNST trades

Jared Moskowitz · Julie Johnson · Josh Gottheimer · Lisa McClain

Super investors holding MNST

Lee Ainslie (Maverick Capital LTD) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity
23.08%
Return on invested capital
33.56%
Return on assets
19.08%
Return on capital employed
28.33%
Gross margin
55.85%
Net margin
22.97%
EBITDA margin
30.55%
Revenue growth
10.70%
Net income growth
26.27%
Free cash flow growth
18.11%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.49%
Current ratio
3.73x
Net debt to EBITDA
-1.20x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$8.29B
Cost of revenue
$3.66B
Gross profit
$4.63B
EBITDA
$2.53B
Net income
$1.91B
Earnings per share
$0.98
Shares outstanding
1.95B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$8.29B$4.63B$1.91B$0.98
2024-12-31$7.49B$4.05B$1.51B$0.75
2023-12-31$7.14B$3.79B$1.63B$0.78
2022-12-31$6.31B$3.17B$1.19B$0.57
2021-12-31$5.54B$3.11B$1.38B$0.65
2020-12-31$4.60B$2.72B$1.41B$0.67
2019-12-31$4.20B$2.52B$1.11B$0.51
2018-12-31$3.81B$2.30B$993.00M$0.45
2017-12-31$3.37B$2.14B$820.68M$0.36
2016-12-31$3.05B$1.94B$712.68M$0.30

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3155.85%22.97%23.08%33.56%
2024-12-3154.04%20.14%25.33%30.22%
2023-12-3153.14%22.84%19.82%30.07%
2022-12-3150.30%18.88%16.96%27.41%
2021-12-3156.10%24.86%20.98%39.10%
2020-12-3159.23%30.65%27.31%45.40%
2019-12-3159.95%26.37%26.56%38.14%
2018-12-3160.29%26.08%27.50%37.07%
2017-12-3163.45%24.36%21.07%30.36%
2016-12-3163.68%23.37%21.40%26.30%

Cash and debt by year

Period endCashDebt
2025-12-31$2.77B-
2024-12-31$1.53B$373.95M
2023-12-31$3.25B-
2022-12-31$2.67B-
2021-12-31$3.08B-
2020-12-31$2.06B-
2019-12-31$1.33B-
2018-12-31$958.16M-
2017-12-31$1.20B-
2016-12-31$598.14M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.97B$125.69M
2024-12-31$1.66B$90.98M
2023-12-31$1.50B$68.84M
2022-12-31$698.97M$64.11M
2021-12-31$1.11B$70.48M
2020-12-31$1.32B$70.29M
2019-12-31$1.01B$63.36M
2018-12-31$1.10B$57.11M
2017-12-31$904.30M$52.28M
2016-12-31$601.54M$45.85M

Dividend history

Most recent payment
1990-11-08
Payment dateDividend per share
1990-11-08$0.50

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.29

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.59
2026-05-07Mar/2026$0.53
2026-02-26Dec/2025$0.49
2025-11-06Sep/2025$0.48
2025-08-07Jun/2025$0.48
2025-05-08Mar/2025$0.46
2025-04-30--
2025-02-27Dec/2024$0.40

Filings and sources

Company website
monsterbevcorp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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