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

47.90 0.85 −1.74%
Market cap
$93.7B
P/E
43.9×
Fwd P/E
41.2×
Dividend yield
—
F-score
9/9
Altman Z
29.29
Beneish M
−2.29
Dividend safety
n/a

Monster Beverage Corporation (MNST) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Monster Beverage Corporation (MNST) trades at a EV/EBITDA of 31.7×. Over the past ten years it has ranged from 10.2× (January 2015) to 37.0× (May 2015); the current reading is higher than 94% of that period. That is above the Beverages Non Alcoholic industry median of 13.4× and above the Consumer Defensive sector median of 9.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 28.5× 11.05%
FY2024 25.7× (10.48%)
FY2023 28.7× (6.93%)
FY2022 30.8× 19.33%
FY2021 25.8× (6.99%)
FY2020 27.8× 22.59%
FY2019 22.7× 14.70%
FY2018 19.7× (28.26%)
FY2017 27.5× 18.40%
FY2016 23.3× (14.69%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 27.4× (15.25%)
Jun 2026 32.3× 28.13%
Mar 2026 25.2× (11.48%)
Dec 2025 28.5× 6.25%
43 more quarters

Against its own ten years

Low 10.2× High 37.0×
Ten-year median 25.7×
Current reading's percentile 94

EV/EBITDA against peers

Company EV/EBITDA
KOF Coca Cola Femsa S.A.B. de C.V. compare 9.9×
CCEP Coca-Cola Europacific Partners compare 10.5×
PEP PepsiCo, Inc. compare 11.6×
COKE Coca-Cola Consolidated, Inc. compare 13.4×
KDP Keurig Dr Pepper, Inc compare 17.0×
COCO Vita Coco Company, Inc. compare 22.5×
KO CocaCola Company (The) compare 26.8×
CELH Celsius Holdings Inc. compare 31.7×
MNST Monster Beverage Corporation 32.2×
Beverages Non Alcoholic industry median 13.4×
Consumer Defensive sector median 9.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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