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Monster Beverage Corporation MNST
$ 77.42 -0.32%

Annual report 2024
added 02-28-2025

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Monster Beverage Corporation Financial Statements 2011-2025 | MNST

Annual Financial Statements Monster Beverage Corporation

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

55 B 61.7 B 104 B 89.3 B 46.5 B 36.3 B 31.3 B 38.5 B 24.9 B 25.5 B 3.73 B 11.4 B 8.37 B 9.3 B

Shares

1 B 1.04 B 1.05 B 1.06 B 530 M 542 M 557 M 567 M 588 M 566 M 167 M 500 M 521 M 529 M

Historical Prices

54.7 59 98.9 84.4 87.7 62.4 63.8 63.4 41.4 41.8 47 24.7 16.8 19.1

Net Income

1.51 B 1.63 B 1.19 B 1.38 B 1.41 B 1.11 B 993 M 821 M 713 M 547 M 483 M 339 M 340 M 286 M

Revenue

7.49 B 7.14 B 6.31 B 5.54 B 4.6 B 4.2 B 3.81 B 3.37 B 3.05 B 2.72 B 2.46 B 2.25 B 2.06 B 1.7 B

Cost of Revenue

3.44 B 3.35 B 3.14 B 2.43 B 1.87 B 1.68 B 1.51 B 1.23 B - - - - - -

Gross Profit

4.05 B 3.79 B 3.17 B 3.11 B 2.72 B 2.52 B 2.3 B 2.14 B 1.94 B 1.63 B 1.34 B 1.17 B 1.07 B 894 M

Operating Income

1.93 B 1.95 B 1.58 B 1.8 B 1.63 B 1.4 B 1.28 B 1.2 B 1.09 B 894 M 748 M 573 M 551 M 456 M

Interest Expense

59.2 M 115 M -12.8 M 3.95 M -7 M 13 M 9.65 M - - - - - - -

EBITDA

2.01 B 2.02 B 1.65 B 1.85 B 1.69 B 1.47 B 1.34 B 1.25 B 1.13 B 763 M 773 M 596 M 571 M 474 M

Operating Expenses

2.12 B 1.84 B 1.59 B 1.31 B 1.09 B 1.12 B 1.01 B 939 M 857 M 900 M 592 M 600 M 515 M 438 M

General and Administrative Expenses

- - - - - - - - - - - 600 M - -

All numbers in USD currency

Quarterly Income Statement Monster Beverage Corporation

2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

1.03 B 1.04 B 1.04 B 1.05 B 1.05 B 1.04 B 1.04 B 1.05 B 1.06 B 1.06 B 529 M 529 M 529 M 528 M 528 M 528 M 527 M 536 M 537 M 544 M 544 M 543 M 544 M 553 M 560 M 566 M 566 M 568 M 568 M 572 M 567 M 571 M 603 M 609 M 609 M 205 M 177 M 170 M 168 M 167 M 167 M 167 M 167 M 167 M 166 M 166 M 166 M 175 M 176 M 175 M 174 M 176 M 177 M 178 M

Net Income

425 M 442 M - - 414 M 397 M - 322 M 273 M 294 M - 1.06 B 404 M 315 M 472 M 938 M 590 M 279 M 255 M 853 M 554 M 261 M 239 M 754 M 486 M 216 M 201 M 619 M 401 M 178 M 173 M 192 M 184 M 164 M 139 M 175 M 229 M 4.41 M 125 M 122 M 141 M 95.2 M 76.1 M 92.2 M 107 M 63.5 M 68 M 86.1 M 110 M 76.1 M 64.5 M 82.4 M 84.2 M 55 M

Revenue

1.9 B 1.9 B - 1.86 B 1.85 B 1.7 B - 1.62 B 1.66 B 1.52 B - 1.41 B 1.46 B 1.24 B 1.2 B 1.25 B 1.09 B 1.06 B 1.02 B 1.13 B 1.1 B 946 M 924 M 1.02 B 1.02 B 851 M 810 M 909 M 907 M 742 M - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

881 M 872 M - 872 M 881 M 801 M - 791 M 875 M 742 M - 621 M 625 M 529 M - 510 M 434 M 425 M - 461 M 443 M 372 M - 409 M 396 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

1.02 B 1.03 B - 984 M 974 M 898 M - 834 M 780 M 777 M - 789 M 837 M 715 M 691 M 737 M 659 M 637 M 611 M 673 M 661 M 574 M 552 M 608 M 620 M 515 M 504 M 570 M 583 M 481 M 498 M 503 M 518 M 423 M 403 M 465 M 395 M 369 M 332 M 342 M 379 M 287 M 277 M 307 M 336 M 252 M 244 M 274 M 307 M 241 M 214 M 250 M 244 M 186 M

Operating Income

527 M 542 M - 511 M 524 M 485 M - 418 M 373 M 399 M - 444 M 526 M 414 M - 459 M 407 M 365 M - 395 M 379 M 311 M - 340 M 358 M 280 M - 317 M 350 M 264 M - 290 M 289 M 255 M - 291 M 366 M 7.63 M - 190 M 216 M 149 M - 151 M 179 M 107 M - 141 M 170 M 126 M - 132 M 132 M 88.5 M

Interest Expense

24.4 M 35.8 M - 71.4 M 15.2 M 12.5 M - 2.15 M -6.78 M -7.3 M - -2.29 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

529 M 562 M - 512 M 525 M 502 M - 420 M 375 M 414 M - 482 M 527 M 427 M - 504 M 439 M 382 M - 410 M 395 M 326 M - 354 M 372 M 294 M - 330 M 362 M 275 M - 301 M 299 M 264 M - 300 M 373 M 14.1 M 25.7 M 196 M 222 M 155 M 22.7 M 158 M 185 M 112 M 20.5 M 146 M 175 M 131 M - 137 M 137 M 92 M

Operating Expenses

492 M 485 M - 473 M 450 M 413 M - 416 M 407 M 377 M - 345 M 311 M 301 M - 278 M 252 M 272 M - 278 M 282 M 262 M - 268 M 263 M 235 M - 252 M 233 M 217 M - 213 M 229 M 168 M - 174 M 190 M 361 M - 152 M 163 M 138 M - 156 M 157 M 145 M - 133 M 137 M 115 M - 118 M 112 M 97.1 M

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Monster Beverage Corporation MNST
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Monster Beverage Corporation plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Beverages non alcoholic industry

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Coca-Cola European Partners plc Coca-Cola European Partners plc
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Coca-Cola FEMSA, S.A.B. de C.V. Coca-Cola FEMSA, S.A.B. de C.V.
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National Beverage Corp. National Beverage Corp.
FIZZ
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The Coca-Cola Company The Coca-Cola Company
KO
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NewAge NewAge
NBEV
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Keurig Dr Pepper Keurig Dr Pepper
KDP
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Primo Water Corporation Primo Water Corporation
PRMW
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PepsiCo PepsiCo
PEP
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Reed's Reed's
REED
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The Alkaline Water Company The Alkaline Water Company
WTER
- -8.42 % $ 2.38 M usaUSA