MNST
Monster Beverage Corp
NASDAQ: MNST · CONSUMER DEFENSIVE · BEVERAGES - NON-ALCOHOLIC
$77.07
+0.23% today
Updated 2026-04-30
Market cap
$75.37B
P/E ratio
39.73
P/S ratio
9.09x
EPS (TTM)
$1.94
Dividend yield
—
52W range
$58 – $87
Volume
5.5M
Monster Beverage Corp (MNST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $605.77M | $904.47M | $1.03B | $1.14B | $1.30B | $1.70B | $2.06B | $2.25B | $2.46B | $2.72B | $3.05B | $3.37B | $3.81B | $4.20B | $4.60B | $5.54B | $6.31B | $7.14B | $7.49B | $8.29B |
| Revenue growth (YoY) | — | +49.3% | +14.3% | +10.6% | +14.1% | +30.6% | +21.0% | +9.0% | +9.7% | +10.5% | +12.0% | +10.5% | +13.0% | +10.3% | +9.5% | +20.5% | +13.9% | +13.1% | +4.9% | +10.7% |
| Cost of revenue | $289.18M | $436.45M | $494.99M | $530.98M | $623.70M | $808.92M | $995.05M | $1.07B | $1.13B | $1.09B | $1.11B | $1.23B | $1.51B | $1.68B | $1.87B | $2.43B | $3.14B | $3.35B | $3.44B | $3.66B |
| Gross profit | $316.59M | $468.01M | $538.79M | $612.32M | $680.24M | $894.31M | $1.07B | $1.17B | $1.34B | $1.63B | $1.94B | $2.14B | $2.30B | $2.52B | $2.72B | $3.11B | $3.17B | $3.79B | $4.05B | $4.63B |
| Gross margin | 52.3% | 51.7% | 52.1% | 53.6% | 52.2% | 52.5% | 51.7% | 52.2% | 54.4% | 60.0% | 63.7% | 63.5% | 60.3% | 60.0% | 59.2% | 56.1% | 50.3% | 53.1% | 54.0% | 55.8% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $158.01M | $237.03M | $375.40M | $279.71M | $332.43M | $437.89M | $515.03M | $334.21M | $592.30M | $354.60M | $425.10M | $485.80M | $531.30M | $625.04M | $610.73M | $674.25M | $877.75M | $1.07B | $1.18B | — |
| Operating income | $158.58M | $230.99M | $163.59M | $337.31M | $347.81M | $456.42M | $550.62M | $572.92M | $747.50M | $893.65M | $1.09B | $1.20B | $1.28B | $1.40B | $1.63B | $1.80B | $1.58B | $1.95B | $1.93B | $2.42B |
| Operating margin | 26.2% | 25.5% | 15.8% | 29.5% | 26.7% | 26.8% | 26.7% | 25.5% | 30.3% | 32.8% | 35.6% | 35.6% | 33.7% | 33.4% | 35.5% | 32.4% | 25.1% | 27.4% | 25.8% | 29.2% |
| EBITDA | $160.17M | $233.17M | $167.06M | $343.22M | $359.59M | $473.51M | $571.18M | $595.68M | $773.16M | $763.04M | $1.13B | $1.25B | $1.34B | $1.47B | $1.69B | $1.85B | $1.65B | $1.95B | $2.01B | $2.60B |
| EBITDA margin | 26.4% | 25.8% | 16.2% | 30.0% | 27.6% | 27.8% | 27.7% | 26.5% | 31.4% | 28.0% | 36.9% | 37.0% | 35.2% | 34.9% | 36.8% | 33.3% | 26.1% | 27.4% | 26.8% | 31.4% |
| EBIT | $158.58M | $230.99M | $163.59M | $337.31M | $347.81M | $456.42M | $550.62M | $572.92M | $747.50M | $732.18M | $1.09B | $1.20B | $1.28B | $1.40B | $1.63B | $1.80B | $1.58B | $1.88B | $1.93B | $2.49B |
| Interest expense | $3.66M | $8.77M | $19.77M | $3.23M | $758000.00 | $772000.00 | $682000.00 | $6.31M | $1.76M | $320.83M | $5.65M | $2.84M | $9.65M | $77.84M | $53.98M | $54.11M | $12.76M | $115.13M | $27.90M | $6.60M |
| Income tax | $64.29M | $90.35M | $65.44M | $126.98M | $137.27M | $171.05M | $209.13M | $225.23M | $262.60M | $344.81M | $367.00M | $380.94M | $300.27M | $308.13M | $216.56M | $423.94M | $380.34M | $437.49M | $480.41M | — |
| Effective tax rate | 39.6% | 37.7% | 37.7% | 37.8% | 39.3% | 37.4% | 38.1% | 39.9% | 35.2% | 38.7% | 34.0% | 31.7% | 23.2% | 21.8% | 13.3% | 23.5% | 24.2% | 21.2% | 24.1% | 0.0% |
| Net income | $97.95M | $149.41M | $108.03M | $208.72M | $212.03M | $286.22M | $340.02M | $338.66M | $483.19M | $546.73M | $712.68M | $820.68M | $993.00M | $1.11B | $1.41B | $1.38B | $1.19B | $1.63B | $1.51B | $1.91B |
| Net income growth (YoY) | — | +52.5% | -27.7% | +93.2% | +1.6% | +35.0% | +18.8% | -0.4% | +42.7% | +13.2% | +30.4% | +15.2% | +21.0% | +11.6% | +27.2% | -2.3% | -13.5% | +36.9% | -7.5% | +26.3% |
| Profit margin | 16.2% | 16.5% | 10.5% | 18.3% | 16.3% | 16.8% | 16.5% | 15.1% | 19.6% | 20.1% | 23.4% | 24.4% | 26.1% | 26.4% | 30.7% | 24.9% | 18.9% | 22.8% | 20.1% | 23.0% |