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. In the quarter to June 2026, revenue grew 20.2%, EPS grew 20.0% and free cash flow grew 8.01%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.

45.69 0.35 +0.77%
Market cap
$88.8B
P/E
41.9×
Fwd P/E
39.7×
Dividend yield
—
F-score
9/9
Altman Z
29.29
Beneish M
−2.29
Dividend safety
n/a

Monster Beverage Corporation (MNST) Free cash flow margin

Alert me on Free cash flow margin

Monster Beverage Corporation's free cash flow margin over the twelve months to 30 June 2026 was 22.6%, down 0.8 percentage points from fiscal 2025 (23.5%). Over the past ten years it has ranged from −3.01% (fiscal 2016) to 28.7% (fiscal 2018); the current reading is higher than 55% of that period. That is above the Beverages Non Alcoholic industry median of 8.38% and above the Consumer Defensive sector median of 1.64%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 23.5% 1.76
FY2024 21.7% 0.88
FY2023 20.8% 10.09
FY2022 10.7% (9.12)
FY2021 19.8% (8.38)
FY2020 28.2% 4.31
FY2019 23.9% (4.75)
FY2018 28.7% 2.06
FY2017 26.6% 29.61
FY2016 −3.01% (27.28)

Against its own ten years

Low −3.01% High 28.7%
Ten-year median 23.5%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
KO CocaCola Company (The) compare 28.5%
MNST Monster Beverage Corporation 22.6%
COCO Vita Coco Company, Inc. compare 17.6%
CELH Celsius Holdings Inc. compare 15.2%
PEP PepsiCo, Inc. compare 11.0%
KDP Keurig Dr Pepper, Inc compare 9.88%
COKE Coca-Cola Consolidated, Inc. compare 8.38%
CCEP Coca-Cola Europacific Partners compare 0.00%
KOF Coca Cola Femsa S.A.B. de C.V. compare 0.00%
Beverages Non Alcoholic industry median 8.38%
Consumer Defensive sector median 1.64%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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