Pricing Log in Create free account
Saturday 17 October 2026 Export MNST’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Monster Beverage Corporation (MNST) Operating margin

Alert me on Operating margin

Monster Beverage Corporation's operating margin over the twelve months to 30 June 2026 was 29.2%, down 0.0 percentage points from fiscal 2025 (29.2%). Over the past ten years it has ranged from 25.1% (fiscal 2022) to 35.6% (fiscal 2016); the current reading is higher than 36% of that period. That is above the Beverages Non Alcoholic industry median of 13.4% and above the Consumer Defensive sector median of 1.55%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 29.2% 3.41
FY2024 25.8% (1.60)
FY2023 27.4% 2.25
FY2022 25.1% (7.33)
FY2021 32.4% (3.07)
FY2020 35.5% 2.11
FY2019 33.4% (0.32)
FY2018 33.7% (1.86)
FY2017 35.6% (0.01)
FY2016 35.6% 2.77

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 29.2% (1.84)
Mar 2026 31.0% 5.56
Dec 2025 25.5% (5.28)
Sep 2025 30.7% 0.83
42 more quarters

Against its own ten years

Low 25.1% High 35.6%
Ten-year median 32.8%
Current reading's percentile 36

Operating margin against peers

Company Operating margin
KO CocaCola Company (The) compare 29.6%
MNST Monster Beverage Corporation 29.2%
COCO Vita Coco Company, Inc. compare 19.1%
KDP Keurig Dr Pepper, Inc compare 16.2%
PEP PepsiCo, Inc. compare 15.3%
KOF Coca Cola Femsa S.A.B. de C.V. compare 14.4%
COKE Coca-Cola Consolidated, Inc. compare 13.0%
CELH Celsius Holdings Inc. compare 5.26%
CCEP Coca-Cola Europacific Partners compare 0.00%
Beverages Non Alcoholic industry median 13.4%
Consumer Defensive sector median 1.55%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MNST