MNSTNasdaqBottled & Canned Soft Drinks & Carbonated WatersFiscal year ends December 31
Monster Beverage Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$46.80+1.07 (+2.34%)
Close on Oct 19, 2026
- Market cap
- $46.26B
- P/E (TTM)
- 21.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
55.8%−3.4 pts over 5 years
Operating margin
29.2%−6.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.7% | +9.5% | +12.5% | +11.8% | |
| Gross profit | +14.4% | +13.4% | +11.2% | +11.0% | |
| Operating income | +25.3% | +15.1% | +8.2% | +10.5% | |
| Free cash flow | +18.1% | +41.2% | +8.4% | +15.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 3.04 | 4.19 | 3.70 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Inventory turnover | 7.0× | 5.4× | 4.8× | |
| Capex to revenue | 3.3% | 1.1% | 1.6% | |
| Diluted shares | 1.20B | 1.07B | 984M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Monster Beverage generated $7.79B from operations and spent $6.17B on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$7.79B
Used
$6.17B
Capital expenditure$850.37M14%Dividends$00%Share buybacks$5.32B86%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$2.10B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$2.10B vs –
- Less leverageLong-term debt to assets fell4.8% → –
- Better liquidityCurrent ratio rose3.32 → 3.70
- No dilutionShare count did not rise1.01B → 984M
- Gross margin improvedGross margin up on the prior year54.04% → 55.85%
- More efficientAsset turnover rose0.77 → 1.07