Monster Beverage Corporation
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 5.54B | 6.31B | 7.14B | 7.49B | 8.29B | 10.7% | |
| Cost of Revenue | (2.43B) | (3.14B) | (3.35B) | (3.44B) | (3.66B) | 6.3% | |
Gross Profit | 3.11B | 3.17B | 3.79B | 4.05B | 4.63B | 14.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (1.31B) | (1.59B) | (1.80B) | (1.99B) | — | -100.0% | |
| Depreciation & Amortization | (50.16M) | (61.24M) | (68.90M) | (80.43M) | (114.44M) | 42.3% | |
Operating Income (EBIT) | 1.80B | 1.58B | 1.95B | 1.93B | 2.42B | 25.3% | |
| Non-Operating Items | |||||||
| Interest Income | 4.20M | 29.70M | 130.00M | 115.00M | 85.20M | -25.9% | |
| Interest Expense | — | — | — | (27.90M) | (6.60M) | -76.3% | |
| Other Income/Expenses (Net) | 3.95M | -12.76M | 115.13M | 59.16M | 63.17M | 6.8% | |
Income Before Tax | 1.80B | 1.57B | 2.07B | 1.99B | 2.48B | 24.8% | |
| Income Tax Expense | (423.94M) | (380.34M) | (437.49M) | (480.41M) | (577.10M) | 20.1% | |
Net Income | 1.38B | 1.19B | 1.63B | 1.51B | 1.91B | 26.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $1 | $2 | $2 | $2 | 30.0% | |
| Weighted Avg Shares Outstanding | 1.06B | 1.05B | 1.04B | 1.00B | 975.89M | -2.9% | |
| Weighted Avg Shares Outstanding (Diluted) | 1.07B | 1.07B | 1.06B | 1.01B | 984.45M | -2.8% | |
EBITDA | 1.85B | 1.63B | 2.14B | 2.10B | 2.60B | 24.1% |
Explore MNST
MNST in the Consumer Defensive
Large Cap