Monster Beverage Corporation(MNST) Stock Research - Grey Stern Research
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Monster Beverage Corporation (MNST) Stock Analysis

$54.98 (-0.27%)

MNST Financial Performance


Use the table below to view Monster Beverage Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $54.98 -
52 Week Low $43.32 -
52 Week High $61.23 -
Market Cap $53.5 Billion 3/10
Gross Margin 36% 10/10
Profit Margin 13% 5/10
EBITDA margin 17% 6/10
Q3 - 2024 Revenue $2.8 Billion 5/10
Q3 - 2024 Earnings $370.9 Million 4/10
Q3 - 2024 Free Cash Flow $579.1 Million 2/10
Trailing 4 Quarters Revenue $11.6 Billion 5/10
Trailing 4 Quarters Earnings $1.6 Billion 4/10
Quarterly Earnings Growth -18% 9/10
Annual Earnings Growth -5% 7/10
Quarterly Revenue Growth 49% 1/10
Annual Revenue Growth 57% 1/10
Cash On Hand $1.6 Billion 3/10
Short Term Debt $92.0 Million 5/10
Long Term Debt $748.8 Million 7/10

Monster Beverage Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Monster Beverage Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 33.31 3/10
PS 4.59 4/10
PB 9.25 4/10
PC 32.90 3/10
Liabilities to Equity 0.39 10/10
ROA 0.20 2/10
ROE 0.28 6/10
Current Ratio 3.54 2/10
Quick Ratio 0.71 3/10
Long Term Debt to Equity 0.13 7/10
Debt to Equity 0.13 8/10
Burn Rate -5.11 6/10
Cash to Cap 0.03 6/10
CCR 1.56 1/10
EV to EBITDA 109.59 1/10
EV to Revenue 4.52 3/10

Company Details

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. It offers carbonated energy drinks, non-carbonated, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to bottlers, full-service beverage distributors, as well as sells directly to retail grocery and speciality chains, wholesalers, club stores, mass merchandisers, convenience chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro Energy Water, Monster Hydro Super Sport, Monster HydroSport Super Fuel, Monster Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, as well as NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, Fury, and True North brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

CEO: Mr. Rodney Sacks

Website: https://www.monsterbevcorp.com

Address: 1 Monster Way Corona, CALIFORNIA

Exchange: NASDAQ Global Select

Industry: Beverages—Non-Alcoholic

Monster Beverage Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Monster Beverage Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
The Coca-Cola Company KO $274.2 Billion
PepsiCo, Inc. PEP $223.7 Billion
Primo Water Corporation PRMW $3.9 Billion
National Beverage Corp. FIZZ $4.7 Billion
Coca-Cola FEMSA, S.A.B. de C.V. KOF $4.2 Billion
Celsius Holdings, Inc. CELH $6.7 Billion
Coca-Cola Consolidated, Inc. COKE $11.5 Billion
Keurig Dr Pepper Inc. KDP $44.1 Billion
The Vita Coco Company, Inc. COCO $2.0 Billion
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Income Statement
Balance Sheet
Cash Flow Statement
MNST Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 2.8 Billion $370.9 Million
Q2 2024 $ 1.9 Billion $425.4 Million
Q1 2024 $ 1.9 Billion $442.0 Million
Q4 2023 $ 5.1 Billion $367.0 Million
Q3 2023 $ 1.9 Billion $452.7 Million
Q2 2023 $ 1.9 Billion $413.9 Million
Q1 2023 $ 1.7 Billion $397.4 Million
Q4 2022 $ 1.5 Billion $301.7 Million

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MNST Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $1.6 Billion $8.1 Billion $748.8 Million $5.8 Billion
Q2 2024 $1.6 Billion $8.1 Billion $807.9 Million $5.9 Billion
Q1 2024 $2.6 Billion $10.1 Billion $61.9 Million $8.6 Billion
Q4 2023 $2.3 Billion $9.7 Billion $0 $8.2 Billion
Q3 2023 $1.8 Billion $9.3 Billion $0 $7.9 Billion
Q2 2023 $1.9 Billion $9.3 Billion $0 $7.8 Billion
Q1 2023 $1.7 Billion $8.8 Billion $0 $7.4 Billion
Q4 2022 $1.3 Billion $8.3 Billion $0 $7.0 Billion

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MNST Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $579.1 Million -$39.3 Million $60.6 Million
Q2 2024 $378.4 Million -$57.9 Million -$1.0 Billion
Q1 2024 $336.5 Million -$75.6 Million $278.8 Million
Q4 2023 $332.0 Million -$102.4 Million $523.8 Million
Q3 2023 $0 $0 $0
Q2 2023 $0 $0 $0
Q1 2023 $380.4 Million -$44.1 Million $365.5 Million
Q4 2022 $226.1 Million -$72.4 Million $4.1 Million

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