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

45.67 2.16 −4.52%
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) Operating margin

Alert me on Operating margin

Monster Beverage Corporation's operating margin over the twelve months to 30 September 2026 was 28.5%, down 0.7 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 13.2% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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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)
Sep 2026 28.0% (1.14)
Jun 2026 29.2% (1.84)
Mar 2026 31.0% 5.56
Dec 2025 25.5% (5.28)
43 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 30.0%
MNST Monster Beverage Corporation 29.2%
COCO Vita Coco Company, Inc. compare 19.9%
KDP Keurig Dr Pepper, Inc compare 15.6%
PEP PepsiCo, Inc. compare 15.3%
KOF Coca Cola Femsa S.A.B. de C.V. compare 14.5%
COKE Coca-Cola Consolidated, Inc. compare 13.1%
CELH Celsius Holdings Inc. compare 13.0%
CCEP Coca-Cola Europacific Partners compare 0.00%
Beverages Non Alcoholic industry median 13.2%
Consumer Defensive sector median 1.70%
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 →

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