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.
Follow MNST
Monster Beverage Corporation (MNST) Return on invested capital
Monster Beverage Corporation's return on invested capital over the twelve months to 30 June 2026 was 28.3%, up 0.7 percentage points from fiscal 2025 (27.6%). Over the past ten years it has ranged from 22.6% (fiscal 2022) to 32.8% (fiscal 2020); the current reading is higher than 45% of that period. That is above the Beverages Non Alcoholic industry median of 14.1% and above the Consumer Defensive sector median of 0.22%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 27.6% | 2.41 |
| FY2024 | 25.1% | 0.60 |
| FY2023 | 24.5% | 1.96 |
| FY2022 | 22.6% | (9.45) |
| FY2021 | 32.0% | (0.74) |
| FY2020 | 32.8% | 2.17 |
| FY2019 | 30.6% | 0.36 |
| FY2018 | 30.2% | 2.42 |
| FY2017 | 27.8% | 2.99 |
| FY2016 | 24.8% | (4.73) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| COCO Vita Coco Company, Inc. compare | 68.9% |
| COKE Coca-Cola Consolidated, Inc. compare | 33.8% |
| MNST Monster Beverage Corporation | 28.3% |
| PEP PepsiCo, Inc. compare | 17.4% |
| KO CocaCola Company (The) compare | 14.2% |
| KOF Coca Cola Femsa S.A.B. de C.V. compare | 14.1% |
| CELH Celsius Holdings Inc. compare | 8.12% |
| KDP Keurig Dr Pepper, Inc compare | 3.53% |
| CCEP Coca-Cola Europacific Partners compare | 0.00% |
| Beverages Non Alcoholic industry median | 14.1% |
| Consumer Defensive sector median | 0.22% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on MNST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement