Monster Beverage Corp. (NASDAQ:MNST)

Stock Price: $104.08

+1.69 (1.65%)

Updated Mar 24, 2023 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	54.37B
Revenue	6.31B
Gross Profit	3.17B
Shares Out	522.41M
EPS (ttm)	2.23
PE Ratio	45.6288
Forward PE	34.6895
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Mar 24
Last Price	$104.08
Previous Close	$102.39
Change ($)	1.69
Change (%)	1.65%
Day's Open	102.8
Day's Range	102.26 - 104.35
Day's Volume	1.34M
52 Week Range	78.54 - 105.45

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About Monster Beverage Corp.

Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Ultra® energy drinks, Monster MAXX® maximum strength energy drinks, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Monster Rehab® non-carbonated tea + energy drinks, Muscle Monster® non-carbonated energy shakes, Monster Hydro® non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Tea® non-carbonated energy teas, Reign Total Body Fuel® high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Play® and Power Play® (stylized) energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, Ultra Energy® energy drinks, Live+® energy drinks, Predator® energy drinks and Fury® energy drinks.

News

Look to buy Monster Beverage on a retracement as it breaks key resistance May 16, 2022

Best beverage stocks to buy now January 5, 2022

PepsiCo to buy Rockstar Inc. for £3 billion as it aims to expand its share in the energy drinks market March 11, 2020

Quick info

Country

United States

Industry

Soft Drink Manufacturing

Sector

Manufacturing

Employees

4,092

CEO

Rodney Sacks

Address

1 Monster Way
Corona
California
92879-7101

Phone

19517396200

Website

monsterbevcorp.com

Ticker Symbol

MNST

Exchange

NASDAQ Stock Exchange

Reporting Currency

USD

Monster Beverage Corp. income statements (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Total Revenue	1.66B	1.66B	1.52B	5.54B
Cost of Revenue	875.40M	875.40M	741.91M	2.43B
Gross Profit	779.86M	779.86M	776.67M	3.11B
Research & Development	0	0	0	0
Selling General & Admin	0	0	0	0
Operating Expense	1.28B	1.28B	1.12B	3.74B
Operating Income	372.95M	372.95M	399.49M	1.80B
Other Income Expense Net	0	0	0	0
EBIT	372.95M	372.95M	399.49M	1.80B
Interest Income	0	0	0	0
Pretax Income	366.17M	366.17M	392.19M	1.80B
Income Tax	92.81M	92.81M	97.99M	423.94M
Minority Interest	0	0	0	0
Net Income	273.36M	273.36M	294.20M	1.38B
Net Income Basic	273.36M	273.36M	294.20M	1.38B

Monster Beverage Corp. income statements (2021) (USD)

	November 2021	August 2021	May 2021	March 2021
Total Revenue	1.41B	1.46B	1.24B	4.60B
Cost of Revenue	621.40M	625.10M	528.88M	1.87B
Gross Profit	789.16M	836.84M	714.94M	2.72B
Research & Development	0	0	0	0
Selling General & Admin	0	0	0	0
Operating Expense	0.97B	0.94B	829.67M	2.97B
Operating Income	444.46M	525.98M	414.15M	1.63B
Other Income Expense Net	0	0	0	0
EBIT	444.46M	525.98M	414.15M	1.63B
Interest Income	0	0	0	0
Pretax Income	442.17M	526.85M	413.39M	1.63B
Income Tax	104.97M	123.09M	98.19M	216.56M
Minority Interest	0	0	0	0
Net Income	337.21M	403.76M	315.19M	1.41B
Net Income Basic	337.21M	403.76M	315.19M	1.41B

Monster Beverage Corp. income statements (2020) (USD)

	November 2020	June 2020	March 2020	March 2020
Total Revenue	1.25B	1.09B	1.06B	1.06B
Cost of Revenue	509.83M	434.43M	424.90M	424.90M
Gross Profit	736.53M	659.47M	637.20M	637.20M
Research & Development	0	N.A	N.A	N.A
Selling General & Admin	0	N.A	N.A	N.A
Operating Expense	787.76M	686.43M	697.07M	697.07M
Operating Income	458.60M	407.46M	365.03M	365.03M
Other Income Expense Net	0	-2M	832K	832K
EBIT	458.60M	407.46M	365.03M	365.03M
Interest Income	0	N.A	N.A	N.A
Pretax Income	454.03M	405.47M	365.86M	365.86M
Income Tax	106.38M	94.10M	87.03M	87.03M
Minority Interest	0	0	0	0
Net Income	347.65M	311.37M	278.84M	278.84M
Net Income Basic	347.65M	311.37M	278.84M	278.84M

Monster Beverage Corp. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	1.02B	1.13B	1.10B	0.95B
Cost of Revenue	406.44M	460.58M	442.76M	372.46M
Gross Profit	610.77M	673M	661.28M	573.53M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	699.86M	738.13M	724.76M	623.83M
Operating Income	317.35M	395.44M	379.29M	322.16M
Other Income Expense Net	3.89M	3.12M	2.67M	-7.96M
EBIT	317.35M	395.44M	379.29M	322.16M
Interest Income	N.A	N.A	N.A	N.A
Pretax Income	321.23M	398.56M	381.96M	314.20M
Income Tax	66.28M	99.64M	89.49M	52.72M
Minority Interest	0	0	0	0
Net Income	254.95M	298.92M	292.47M	261.49M
Net Income Basic	254.95M	298.92M	292.47M	261.49M

Monster Beverage Corp. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	0.92B	1.02B	1.02B	850.92M
Cost of Revenue	372.03M	408.50M	395.62M	335.66M
Gross Profit	552.20M	607.66M	620.26M	515.26M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	253.99M	257.14M	228.34M
Operating Expense	617.72M	662.49M	652.75M	564.01M
Operating Income	306.51M	353.67M	363.12M	286.92M
Other Income Expense Net	4.38M	-11.11M	-5.02M	-5.2M
EBIT	306.51M	353.67M	363.12M	286.92M
Interest Income	N.A	N.A	N.A	N.A
Pretax Income	310.89M	342.56M	358.10M	281.72M
Income Tax	71.79M	74.83M	87.98M	65.67M
Minority Interest	0	0	0	0
Net Income	239.11M	267.73M	270.12M	216.05M
Net Income Basic	239.11M	267.73M	270.12M	216.05M

Monster Beverage Corp. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	810.36M	0.91B	0.92B
Cost of Revenue	306.75M	339.77M	323.57M
Gross Profit	503.61M	569.01M	591.70M
Research & Development	N.A	N.A	N.A
Selling General & Admin	237M	236.44M	233.26M
Operating Expense	543.74M	576.20M	556.83M
Operating Income	266.61M	332.57M	358.44M
Other Income Expense Net	1.23M	-11.2M	-10.95M
EBIT	266.61M	332.57M	358.44M
Interest Income	N.A	N.A	N.A
Pretax Income	267.85M	321.37M	347.49M
Income Tax	66.52M	102.62M	124.86M
Minority Interest	0	0	0
Net Income	201.32M	218.74M	222.63M
Net Income Basic	201.32M	218.74M	222.63M

Monster Beverage Corp. balance sheet (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Current Cash	2.47B	2.47B	2.73B	3.08B
Receivables	1.18B	1.18B	1.04B	896.66M
Inventory	885.95M	885.95M	821.13M	593.36M
Current Assets	4.70B	4.70B	4.74B	4.68B
Other Current Assets	165.25M	165.25M	150.32M	115.91M
Short Term Investments	165.25M	165.25M	150.32M	115.91M
Long Term Investments	3.48B	3.48B	3.44B	3.12B
Property/Plant Equipment	464.54M	464.54M	407.39M	313.75M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.22B	1.22B	1.23B	1.07B
Tangible Assets (Net)	4.17B	4.17B	4.22B	4.16B
Other Assets	110.39M	110.39M	101.49M	80.25M
Total Assets	8.18B	8.18B	8.19B	7.80B
Accounts Payable	492.86M	492.86M	438.26M	404.26M
Other Current Liabilities	600.75M	600.75M	606.11M	560.81M
Total Current Liabilities	1.09B	1.09B	1.04B	0.97B
Total Liabilities	1.37B	1.37B	1.32B	1.24B
Long Term Debt	0	0	0	0
Current Long Term Debt	0	0	0	0
Minority Interest	0	0	0	0
Common Stock	528.62M	528.62M	529.41M	529.21M
Treasury Stock	-6.13B	-6.13B	-5.84B	-5.83B
Retained Earnings	8.38B	8.38B	8.10B	7.81B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	6.81B	6.81B	6.87B	6.57B
Other Liabilities	N.A	N.A	N.A	N.A

Monster Beverage Corp. balance sheet (2021) (USD)

	November 2021	August 2021	May 2021	March 2021
Current Cash	2.94B	2.55B	2.16B	2.06B
Receivables	849.16M	0.91B	802.51M	666.01M
Inventory	471.55M	382.89M	368.40M	333.09M
Current Assets	4.38B	3.95B	3.43B	3.14B
Other Current Assets	126.23M	105.43M	103.97M	80.09M
Short Term Investments	126.23M	105.43M	103.97M	80.09M
Long Term Investments	3.07B	3.12B	3.10B	3.06B
Property/Plant Equipment	309.57M	309.18M	312.16M	314.66M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.07B	1.06B	1.06B	1.06B
Tangible Assets (Net)	3.85B	3.52B	3.06B	2.77B
Other Assets	88.88M	89.39M	88.20M	70.48M
Total Assets	7.45B	7.07B	6.53B	6.20B
Accounts Payable	396.23M	362.90M	334.08M	296.80M
Other Current Liabilities	536.01M	524.63M	454.79M	453.19M
Total Current Liabilities	0.93B	887.53M	788.86M	749.99M
Total Liabilities	1.20B	1.17B	1.07B	1.04B
Long Term Debt	0	0	0	0
Current Long Term Debt	0	0	0	0
Minority Interest	0	0	0	0
Common Stock	529M	528.65M	528.20M	527.95M
Treasury Stock	-5.83B	-5.83B	-5.83B	-5.82B
Retained Earnings	7.49B	7.15B	6.75B	6.43B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	6.24B	5.91B	5.46B	5.16B
Other Liabilities	N.A	N.A	N.A	N.A

Monster Beverage Corp. balance sheet (2020) (USD)

	November 2020	June 2020	March 2020	March 2020
Current Cash	1.67B	0.92B	701.84M	701.84M
Receivables	740.81M	760.43M	670.57M	670.57M
Inventory	318.96M	340.54M	352.31M	352.31M
Current Assets	2.83B	2.37B	2.05B	2.05B
Other Current Assets	92.02M	98.40M	90.50M	90.50M
Short Term Investments	92.02M	250.75M	233.51M	233.51M
Long Term Investments	2.87B	2.08M	13.92M	13.92M
Property/Plant Equipment	304.69M	325.71M	326.25M	326.25M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.06B	1.06B	1.05B	1.05B
Tangible Assets (Net)	2.24B	448.16M	102.53M	102.53M
Other Assets	70.62M	22.62M	23.08M	23.08M
Total Assets	5.70B	5.19B	4.88B	4.88B
Accounts Payable	281.52M	261.97M	305.53M	305.53M
Other Current Liabilities	492.24M	388.56M	380.50M	380.50M
Total Current Liabilities	773.76M	674.87M	701.54M	701.54M
Total Liabilities	1.07B	0.97B	1.01B	1.01B
Long Term Debt	0	19.28M	25.31M	25.31M
Current Long Term Debt	0	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	4.52B	527.36M	526.84M	526.84M
Treasury Stock	-5.82B	5.82B	5.80B	5.80B
Retained Earnings	5.96B	5.61B	5.30B	5.30B
Capital Surplus	N.A	4.47B	4.43B	4.43B
Shareholder Equity	4.63B	4.22B	3.87B	3.87B
Other Liabilities	N.A	N.A	N.A	N.A

Monster Beverage Corp. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	797.96M	717.62M	888.25M	618.34M
Receivables	540.33M	647.98M	688.20M	596.66M
Inventory	360.73M	317.75M	299.53M	300.78M
Current Assets	2.32B	2.36B	2.33B	1.91B
Other Current Assets	84.23M	90.06M	92.81M	127.82M
Short Term Investments	533.06M	587.36M	357.99M	263.70M
Long Term Investments	12.91M	14.37M	7.01M	N.A
Property/Plant Equipment	329.98M	251.76M	240.17M	241.23M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.05B	1.05B	1.05B	1.04B
Tangible Assets (Net)	406.76M	350.99M	305.15M	-47.68M
Other Assets	22.63M	46.21M	47.79M	47.62M
Total Assets	5.28B	5.14B	5.08B	4.66B
Accounts Payable	274.05M	304.77M	289.23M	257.94M
Other Current Liabilities	368.67M	388.10M	395.72M	354.28M
Total Current Liabilities	661.10M	714.22M	705.50M	630.97M
Total Liabilities	1.11B	1.03B	1.03B	0.96B
Long Term Debt	24.80M	20.68M	19.90M	19.26M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	536.70M	540.59M	544.83M	543.55M
Treasury Stock	5.22B	4.99B	4.74B	4.73B
Retained Earnings	5.02B	4.77B	4.47B	4.18B
Capital Surplus	4.40B	4.37B	4.35B	4.29B
Shareholder Equity	4.17B	4.11B	4.06B	3.70B
Other Liabilities	N.A	N.A	N.A	N.A

Monster Beverage Corp. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	637.51M	713.71M	659.69M	511.36M
Receivables	484.56M	620.16M	592.57M	525.46M
Inventory	277.71M	262.08M	275.57M	268.61M
Current Assets	1.80B	2.15B	1.83B	2.04B
Other Current Assets	83.74M	98.81M	89.77M	147.90M
Short Term Investments	320.65M	457.90M	211.09M	585.22M
Long Term Investments	N.A	1.61M	N.A	3.50M
Property/Plant Equipment	243.05M	242.85M	240.66M	231.20M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.05B	1.04B	1.04B	1.04B
Tangible Assets (Net)	-136.57M	152.38M	-129.91M	146.24M
Other Assets	16.46M	15.08M	16.44M	12.84M
Total Assets	4.65B	4.87B	4.54B	4.74B
Accounts Payable	237.06M	268.81M	255.92M	215.46M
Other Current Liabilities	342.20M	371M	331.12M	298.20M
Total Current Liabilities	601.15M	656.36M	614.21M	534.02M
Total Liabilities	1.04B	0.98B	0.94B	864.53M
Long Term Debt	N.A	N.A	N.A	N.A
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	543.68M	552.95M	552.46M	562.61M
Treasury Stock	4.51B	3.98B	3.98B	3.42B
Retained Earnings	3.91B	3.68B	3.41B	3.14B
Capital Surplus	4.24B	4.22B	4.19B	4.17B
Shareholder Equity	3.61B	3.89B	3.61B	3.88B
Other Liabilities	N.A	N.A	N.A	N.A

Monster Beverage Corp. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	528.62M	465.56M	777.66M
Receivables	449.48M	535.34M	537.08M
Inventory	255.75M	213.34M	190.60M
Current Assets	2.09B	1.93B	1.88B
Other Current Assets	179.60M	89.71M	50.89M
Short Term Investments	672.93M	630.35M	323.85M
Long Term Investments	2.37M	7M	48.64M
Property/Plant Equipment	230.28M	225.42M	211.56M
Good Will	N.A	N.A	N.A
Intangible Assets	1.03B	1.03B	1.03B
Tangible Assets (Net)	171.46M	47.97M	59.40M
Other Assets	13.93M	18.32M	20.60M
Total Assets	4.91B	4.71B	4.68B
Accounts Payable	239.91M	228.45M	236.67M
Other Current Liabilities	303.80M	357.98M	309.55M
Total Current Liabilities	560.35M	597.68M	561.17M
Total Liabilities	1.02B	0.94B	0.91B
Long Term Debt	N.A	N.A	N.A
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	0	0	0
Common Stock	566.30M	563.96M	568.12M
Treasury Stock	3.17B	3.06B	2.81B
Retained Earnings	2.93B	2.73B	2.51B
Capital Surplus	4.15B	4.11B	4.09B
Shareholder Equity	3.90B	3.77B	3.78B
Other Liabilities	N.A	N.A	N.A

Monster Beverage Corp. cash flow (2022) (USD)

	November 2022	August 2022
Net Income	322.39M	273.36M
Depreciation	15.61M	15.83M
Changes in Receivables	1.05B	1.18B
Changes in Inventories	862.98M	885.95M
Cash Change	2.65B	2.47B
Cash Flow	458.52M	131.01M
Capital Expenditures	-30.4M	-79.41M
Investments	N.A	N.A
Investing Activity (other)	N.A	N.A
Total Investing Cash Flows	-52.01M	297.89M
Dividends Paid	N.A	N.A
Net Borrowings	-2.78B	-2.64B
Other Financing Cash Flows	N.A	N.A
Cash Flow Financing	-190.32M	-264.73M
Exchange Rate Effect	N.A	N.A

Monster Beverage Corp. cash flow (2021) (USD)

	November 2021
Net Income	337.21M
Depreciation	13.23M
Changes in Receivables	849.16M
Changes in Inventories	471.55M
Cash Change	2.94B
Cash Flow	341.40M
Capital Expenditures	-7.89M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-201.54M
Dividends Paid	N.A
Net Borrowings	-3.06B
Other Financing Cash Flows	N.A
Cash Flow Financing	7.24M
Exchange Rate Effect	N.A

Monster Beverage Corp. cash flow (2020) (USD)

	November 2020	June 2020	March 2020
Net Income	347.65M	311.37M	278.84M
Depreciation	45.88M	15.51M	16.55M
Changes in Receivables	-19.62M	-89.86M	-130.24M
Changes in Inventories	-21.58M	13.14M	1.04M
Cash Change	501.98M	219.49M	-96.12M
Cash Flow	0.95B	249.33M	191.13M
Capital Expenditures	-61.75M	-24.46M	-19.08M
Investments	N.A	-5.19M	298.84M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-140.51M	-29.28M	279.98M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	-1.77B	N.A	-733K
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	-532.88M	-7.64M	-545.97M
Exchange Rate Effect	N.A	7.09M	-21.26M

Monster Beverage Corp. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	254.95M	298.92M	292.47M	261.49M
Depreciation	16.97M	15.40M	17.57M	14.87M
Changes in Receivables	107.65M	40.21M	-91.54M	-112.1M
Changes in Inventories	-40.28M	-23.44M	2.50M	-24M
Cash Change	80.34M	-170.63M	269.90M	-19.17M
Cash Flow	292.69M	366.28M	331.39M	123.40M
Capital Expenditures	-60.5M	-29.06M	-11.32M	-10.78M
Investments	61.54M	-243.45M	-91.46M	57.07M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	1.46M	-272.14M	-102.82M	46.78M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-728K	-3.77M	-8.68M	-393K
Other Financing Cash Flows	N.A	N.A	N.A	N.A
Cash Flow Financing	-223.19M	-253.96M	36.67M	-188.02M
Exchange Rate Effect	9.38M	-10.81M	4.67M	-1.32M

Monster Beverage Corp. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	239.11M	267.73M	270.12M	216.05M
Depreciation	14.51M	14.28M	14.19M	13.99M
Changes in Receivables	135.60M	-27.59M	-67.11M	-75.99M
Changes in Inventories	-15.81M	12.42M	-11.48M	-11.27M
Cash Change	-76.2M	54.03M	148.33M	-17.26M
Cash Flow	340.52M	320.06M	352.39M	148.91M
Capital Expenditures	-20.48M	-23.92M	-27.75M	-14.6M
Investments	139M	-248.53M	378.14M	86.80M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	118.81M	-272.03M	350.30M	75.87M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-404K	-510K	-429K	-543K
Other Financing Cash Flows	N.A	N.A	N.A	N.A
Cash Flow Financing	-533.96M	10.36M	-546.51M	-245.99M
Exchange Rate Effect	-1.57M	-4.36M	-7.85M	3.95M

Monster Beverage Corp. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	201.32M	218.74M	222.63M
Depreciation	13.78M	12.33M	11.59M
Changes in Receivables	85.86M	1.75M	34.90M
Changes in Inventories	-42.17M	-21.84M	-17.07M
Cash Change	63.06M	-312.1M	201.32M
Cash Flow	197.67M	256.84M	340.26M
Capital Expenditures	-20.24M	-32.98M	-21.12M
Investments	-28.46M	-295.84M	-127.57M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-48.14M	-328.73M	-148.38M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	-705K	-544K	-634K
Other Financing Cash Flows	N.A	N.A	N.A
Cash Flow Financing	-86.86M	-241.73M	4.60M
Exchange Rate Effect	385K	1.53M	4.84M

Monster Beverage Corp. dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
10-11-2016	09-11-2016	25-10-2016	N.A	N.A	Ordinary Shares	Unspecified