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Friday 6 November 2026
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Monster Beverage Corporation
MNST Consumer Defensive Beverages Non Alcoholic
Monster Beverage Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 10.7% from fiscal 2024.
- Revenue
- +16.7%
- EPS
- +20.0%
- Free cash flow
- +8.01%
Quarter to September 2026, against a year earlier
45.41
2.42
−5.06%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
37.54 | 43.26 | 27.82 | 31.16 | 34.77 | 36.80 | 44.63 | 37.56 | 35.28 | 39.32 |
Piotroski F-Score |
5 | 8 | 7 | 7 | 6 | 5 | 3 | 9 | 6 | 9 |
Altman Z-Score |
21.57 | 26.79 | 21.27 | 24.58 | 31.73 | 28.06 | 28.76 | 27.59 | 21.53 | 29.29 |
P/S ratio |
8.78 | 10.55 | 7.21 | 8.20 | 10.65 | 9.16 | 8.46 | 8.58 | 7.05 | 9.02 |
P/FCF ratio |
0.00 | 39.67 | 25.14 | 34.30 | 37.74 | 46.18 | 78.85 | 41.22 | 32.50 | 38.47 |
Altman Z″-Score (non-manufacturers) |
9.17 | 10.33 | 10.61 | 11.59 | 12.88 | 13.50 | 13.62 | 12.28 | 10.54 | 12.25 |
Beneish M-Score |
(2.11) | (2.88) | (2.57) | (2.41) | (2.23) | (2.10) | (2.10) | (2.37) | (2.86) | (2.29) |
P/Operating CF |
95.43 | 179.83 | 80.57 | 117.74 | 118.05 | 222.97 | 178.80 | 140.98 | 114.36 | 197.23 |
P/B ratio |
8.04 | 9.13 | 7.60 | 8.26 | 9.49 | 7.73 | 7.60 | 7.44 | 8.86 | 9.07 |
Price to Tangible BV |
27.74 | 23.24 | 22.24 | 19.28 | 17.68 | 12.20 | 12.17 | 11.37 | 16.44 | 13.50 |
EV/Sales |
8.59 | 10.19 | 6.95 | 7.89 | 10.21 | 8.61 | 8.04 | 8.13 | 6.89 | 8.71 |
EV/EBITDA |
23.25 | 27.53 | 19.75 | 22.65 | 27.77 | 25.83 | 30.82 | 28.69 | 25.68 | 28.52 |
EV/Operating CF |
37.34 | 34.77 | 22.79 | 29.77 | 34.41 | 41.29 | 57.15 | 33.77 | 26.78 | 34.44 |
EV/FCF |
(285.68) | 38.33 | 24.26 | 33.00 | 36.16 | 43.40 | 74.95 | 39.05 | 31.78 | 37.16 |
Quick Ratio |
2.49 | 2.95 | 2.40 | 2.83 | 3.64 | 4.12 | 3.68 | 3.83 | 2.51 | 3.03 |
Current Ratio |
3.04 | 3.72 | 3.00 | 3.50 | 4.19 | 4.85 | 4.76 | 4.81 | 3.32 | 3.70 |
Net Debt/EBITDA |
(0.53) | (0.96) | (0.71) | (0.89) | (1.21) | (1.66) | (1.60) | (1.61) | (0.58) | (1.09) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.49% | 0.26% | 0.22% | 0.36% | 0.00% | 4.84% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 |
Asset Turnover |
0.63 | 0.75 | 0.82 | 0.87 | 0.81 | 0.79 | 0.78 | 0.79 | 0.86 | 0.94 |
Operating CF/Net income |
0.98 | 1.20 | 1.17 | 1.01 | 0.97 | 0.84 | 0.74 | 1.05 | 1.28 | 1.10 |
Capex/Depreciation |
(19.42) | (1.88) | (1.24) | (1.80) | (1.16) | (1.12) | (3.44) | (3.37) | (3.78) | (1.34) |
| 17.51% | 22.72% | 26.46% | 28.47% | 30.21% | 23.49% | 17.53% | 21.38% | 21.27% | 26.81% | |
| 14.66% | 18.35% | 21.31% | 22.90% | 24.83% | 19.67% | 14.80% | 18.14% | 17.34% | 21.52% | |
ROIC |
24.83% | 27.82% | 30.24% | 30.60% | 32.77% | 32.03% | 22.58% | 24.54% | 25.14% | 27.55% |
Return on Tangible Assets |
62.79% | 46.73% | 68.67% | 56.70% | 52.10% | 34.17% | 27.84% | 30.67% | 42.02% | 38.15% |
Average Days of Receivables |
68.59 | 48.70 | 46.46 | 46.95 | 52.86 | 59.06 | 58.77 | 61.04 | 59.51 | 71.20 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
28.09% | 27.87% | 26.57% | 26.56% | 23.72% | 23.66% | 25.19% | 25.78% | 28.28% | 26.68% |
Intangible Assets out of Total Assets |
0.57 | 0.49 | 0.53 | 0.46 | 0.39 | 0.31 | 0.32 | 0.29 | 0.36 | 0.27 |
Share Based Compensation of Revenue |
1.50% | 1.55% | 1.50% | 1.51% | 1.53% | 1.27% | 1.02% | 0.96% | 1.21% | 1.52% |
Graham Net Nets |
0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.07 | 0.07 | 0.07 | 0.04 | 0.05 |
Graham Number |
3.11 | 3.74 | 4.02 | 4.70 | 6.04 | 6.75 | 6.52 | 8.31 | 7.05 | 9.63 |
Earnings Yield |
2.66% | 2.31% | 3.59% | 3.21% | 2.88% | 2.72% | 2.24% | 2.66% | 2.83% | 2.54% |
Free Cash Flow Yield |
(0.34%) | 2.52% | 3.98% | 2.92% | 2.65% | 2.17% | 1.27% | 2.43% | 3.08% | 2.60% |
Revenue per Share |
1.30 | 1.49 | 1.71 | 1.94 | 2.17 | 2.62 | 3.00 | 3.42 | 3.73 | 4.25 |
Operating CF per Share |
0.30 | 0.44 | 0.52 | 0.51 | 0.64 | 0.55 | 0.42 | 0.82 | 0.96 | 1.08 |
Capex per Share |
(0.34) | (0.04) | (0.03) | (0.05) | (0.03) | (0.03) | (0.10) | (0.11) | (0.15) | (0.08) |
Free Cash Flow per Share |
(0.04) | 0.40 | 0.49 | 0.46 | 0.61 | 0.52 | 0.32 | 0.71 | 0.81 | 1.00 |
Cash per Share |
0.25 | 0.53 | 0.43 | 0.61 | 0.97 | 1.45 | 1.27 | 1.56 | 0.76 | 1.42 |
Shareholders Equity per Share |
1.42 | 1.72 | 1.62 | 1.92 | 2.44 | 3.10 | 3.33 | 3.94 | 2.97 | 4.23 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
1.42 | 1.72 | 1.62 | 1.92 | 2.44 | 3.10 | 3.33 | 3.94 | 2.97 | 4.23 |
Free Cash Flow |
(91.66) | 896.02 | 1,091.25 | 1,004.60 | 1,297.88 | 1,099.62 | 676.86 | 1,485.55 | 1,624.83 | 1,944.95 |
Working Capital |
961.68 | 1,526.03 | 1,203.03 | 1,655.21 | 2,390.97 | 3,717.03 | 3,762.92 | 4,427.31 | 2,543.99 | 3,913.30 |
Capital Expenditures |
(793.01) | (91.71) | (70.63) | (109.16) | (66.28) | (56.12) | (210.84) | (232.20) | (303.70) | (153.23) |
Net Current Asset Value |
608.51 | 1,190.58 | 888.18 | 1,337.24 | 2,099.10 | 3,444.28 | 3,496.83 | 4,131.22 | 1,880.13 | 3,626.25 |
EV/EBIT |
24.13 | 28.65 | 20.63 | 23.63 | 28.74 | 26.55 | 32.01 | 29.70 | 26.75 | 29.87 |
Capex to Sales |
0.26 | 0.03 | 0.02 | 0.03 | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 | 0.02 |
Price to Operating Income |
24.68 | 29.65 | 21.37 | 24.56 | 29.99 | 28.25 | 33.68 | 31.35 | 27.35 | 30.93 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.24 | 0.21 | 0.23 | 0.20 | 0.18 | 0.16 | 0.12 | 0.08 | 0.08 | 0.11 |
Cash ROIC |
(2.33%) | 17.58% | 23.88% | 18.18% | 17.93% | 11.38% | 6.96% | 12.94% | 20.66% | 17.65% |
Accounts Receivable Turnover |
5.80 | 6.59 | 8.15 | 8.20 | 7.62 | 7.09 | 6.60 | 6.46 | 6.20 | 5.84 |
Accounts Payable Turnover |
6.55 | 5.61 | 6.11 | 6.44 | 6.57 | 6.94 | 7.39 | 6.63 | 6.68 | 7.09 |
Inventory Turnover |
6.96 | 5.90 | 5.67 | 5.27 | 5.40 | 5.25 | 4.10 | 3.51 | 4.03 | 4.77 |
Average Days of Payables |
63.70 | 72.89 | 60.06 | 59.46 | 57.78 | 60.65 | 51.70 | 61.57 | 49.47 | 56.41 |
Days of Inventory on Hand |
53.39 | 75.81 | 67.05 | 78.27 | 64.85 | 89.02 | 108.88 | 105.97 | 78.12 | 79.70 |
Average Receivables |
525.50 | 511.26 | 467.02 | 512.45 | 603.17 | 781.34 | 956.43 | 1,105.08 | 1,207.81 | 1,419.86 |
Average Payables |
169.02 | 219.59 | 247.34 | 261.40 | 285.42 | 350.53 | 424.26 | 504.32 | 515.58 | 516.37 |
Average Inventory |
159.05 | 208.86 | 266.73 | 319.22 | 346.91 | 463.22 | 764.49 | 953.52 | 854.26 | 768.37 |
Average Assets |
4,862.37 | 4,472.24 | 4,658.95 | 4,838.62 | 5,676.53 | 7,003.75 | 8,048.94 | 8,989.81 | 8,702.81 | 8,854.02 |
Average Common Equity |
4,069.56 | 3,612.46 | 3,753.06 | 3,891.09 | 4,666.07 | 5,863.91 | 6,796.00 | 7,626.89 | 7,093.23 | 7,105.91 |
Columns are period end dates · fundamentals updated 6 Nov 2026