NASDAQ · Beverages · Fiscal year endsFY ends December
Monster Beverage Corporation
MNST$47.68-0.34 (-0.71%)Today
52-week low $32.94high $50.17
5.0% below its 52-week high
Next earnings
Revenue by fiscal year, $ billions
2.7x over the years shown (2016–2025)
Ten years, as filed
Income, cash flow and balance sheet
| $ billions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||
| Revenue | 3.05 | 3.37 | 3.81 | 4.20 | 4.60 | 5.54 | 6.31 | 7.14 | 7.49 | 8.29 |
| Revenue growth | +12% | +10% | +13% | +10% | +9% | +20% | +14% | +13% | +5% | +11% |
| Gross margin | 63.7% | 63.5% | 60.3% | 60.0% | 59.2% | 56.1% | 50.3% | 53.1% | 54.0% | 55.8% |
| Operating income | 1.09 | 1.20 | 1.28 | 1.40 | 1.63 | 1.80 | 1.58 | 1.95 | 1.93 | 2.42 |
| Operating margin | 35.6% | 35.6% | 33.7% | 33.4% | 35.5% | 32.4% | 25.1% | 27.4% | 25.8% | 29.2% |
| Net income | 0.71 | 0.82 | 0.99 | 1.11 | 1.41 | 1.38 | 1.19 | 1.63 | 1.51 | 1.91 |
| Net margin | 23.4% | 24.4% | 26.1% | 26.4% | 30.7% | 24.9% | 18.9% | 22.8% | 20.1% | 23.0% |
| Cash flow | ||||||||||
| Operating cash flow | 0.70 | 0.99 | 1.16 | 1.11 | 1.36 | 1.16 | 0.89 | 1.72 | 1.93 | 2.10 |
| Capital expenditure | 0.10 | 0.08 | 0.06 | 0.10 | 0.05 | 0.04 | 0.19 | 0.22 | 0.26 | 0.13 |
| Free cash flow (calculated) | 0.60 | 0.90 | 1.10 | 1.01 | 1.32 | 1.11 | 0.70 | 1.50 | 1.66 | 1.97 |
| Share repurchases | 2.25 | 0.36 | 1.34 | 0.71 | 0.60 | 0.01 | 0.77 | 0.66 | 3.77 | 0.10 |
| Balance sheet | ||||||||||
| Cash and equivalents | 0.38 | 0.53 | 0.64 | 0.80 | 1.18 | 1.33 | 1.31 | 2.30 | 1.53 | 2.09 |
| Total assets | 4.15 | 4.79 | 4.53 | 5.15 | 6.20 | 7.80 | 8.29 | 9.69 | 7.72 | 9.99 |
| Total equity | 3.33 | 3.90 | 3.61 | 4.17 | 5.16 | 6.57 | 7.03 | 8.23 | 5.96 | 8.25 |
Source: Monster Beverage Corporation's 10-K and 10-Q filings, from SEC EDGAR · fiscal years end in December.
Free cash flow is calculated by The Dispatch: operating cash flow minus capital expenditure.