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
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Monster Beverage Corporation (MNST) Return on invested capital
Monster Beverage Corporation's return on invested capital over the twelve months to 30 September 2026 was 17.4%, down 10.2 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 14.4% and above the Consumer Defensive sector median of 0.96%.
Return on invested capital, annual
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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 |
|---|---|
| CELH Celsius Holdings Inc. compare | 44.8% |
| COCO Vita Coco Company, Inc. compare | 34.4% |
| COKE Coca-Cola Consolidated, Inc. compare | 29.4% |
| MNST Monster Beverage Corporation | 28.3% |
| PEP PepsiCo, Inc. compare | 17.4% |
| KO CocaCola Company (The) compare | 14.9% |
| KOF Coca Cola Femsa S.A.B. de C.V. compare | 14.4% |
| KDP Keurig Dr Pepper, Inc compare | 4.50% |
| CCEP Coca-Cola Europacific Partners compare | 0.00% |
| Beverages Non Alcoholic industry median | 14.4% |
| Consumer Defensive sector median | 0.96% |
| 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