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) Gross margin

Alert me on Gross margin

Monster Beverage Corporation's gross margin over the twelve months to 30 September 2026 was 55.3%, down 0.6 percentage points from fiscal 2025 (55.9%). Over the past ten years it has ranged from 50.3% (fiscal 2022) to 63.7% (fiscal 2016); the current reading is higher than 36% of that period. That is above the Beverages Non Alcoholic industry median of 41.5% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 55.9% 1.81
FY2024 54.0% 0.90
FY2023 53.1% 2.84
FY2022 50.3% (5.80)
FY2021 56.1% (3.13)
FY2020 59.2% (0.72)
FY2019 60.0% (0.34)
FY2018 60.3% (3.16)
FY2017 63.5% (0.23)
FY2016 63.7% 3.73

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 54.7% (1.30)
Jun 2026 56.0% 0.99
Mar 2026 55.0% (0.57)
Dec 2025 55.5% (0.20)
43 more quarters

Against its own ten years

Low 50.3% High 63.7%
Ten-year median 59.2%
Current reading's percentile 38

Gross margin against peers

Company Gross margin
KO CocaCola Company (The) compare 62.3%
MNST Monster Beverage Corporation 55.6%
PEP PepsiCo, Inc. compare 54.2%
KDP Keurig Dr Pepper, Inc compare 48.0%
CELH Celsius Holdings Inc. compare 47.6%
KOF Coca Cola Femsa S.A.B. de C.V. compare 46.7%
COCO Vita Coco Company, Inc. compare 41.0%
COKE Coca-Cola Consolidated, Inc. compare 38.9%
CCEP Coca-Cola Europacific Partners compare 36.0%
Beverages Non Alcoholic industry median 41.5%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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