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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Monster Beverage Corporation (MNST) trades at a price to free cash flow of 42.9×. Over the past ten years it has ranged from 0.0× (June 2017) to 94.2× (July 2022); the current reading is higher than 80% of that period. That is above the Beverages Non Alcoholic industry median of 23.8× and above the Consumer Defensive sector median of 14.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 38.5× 18.40%
FY2024 32.5× (21.16%)
FY2023 41.2× (47.73%)
FY2022 78.9× 70.75%
FY2021 46.2× 22.37%
FY2020 37.7× 10.01%
FY2019 34.3× 36.45%
FY2018 25.1× (36.63%)
FY2017 39.7× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 45.1× 30.53%
Mar 2026 34.5× (10.22%)
Dec 2025 38.5× 13.99%
Sep 2025 33.8× (0.18%)
42 more quarters

Against its own ten years

Low 0.0× High 94.2×
Ten-year median 36.9×
Current reading's percentile 80

Price to free cash flow against peers

Company Price to free cash flow
CELH Celsius Holdings Inc. compare 15.5×
CCEP Coca-Cola Europacific Partners compare 21.5×
COKE Coca-Cola Consolidated, Inc. compare 21.6×
KDP Keurig Dr Pepper, Inc compare 23.7×
COCO Vita Coco Company, Inc. compare 27.0×
KO CocaCola Company (The) compare 28.1×
PEP PepsiCo, Inc. compare 28.3×
KOF Coca Cola Femsa S.A.B. de C.V. compare 31.5×
MNST Monster Beverage Corporation 42.9×
Beverages Non Alcoholic industry median 23.8×
Consumer Defensive sector median 14.7×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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