Monster Beverage Corp

DB:MOB

United States / Consumer Staples / Beverages

Overview

News

10Y Historical Financials

Stock Price

59.36 EUR


Key Metrics	Latest
Total Revenue	7.659 B
Adjusted EBITDA	2.283 B
EBITDA Margin	29.8%
Net Profit Margin	21.8%
Total Assets	8.73 B
Total Debt	65.483 M

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months

Revenue	2,723	3,049	3,369	3,807	4,201	4,599	5,541	6,311	7,140	7,493	7,659
% Growth		12.0%	10.5%	13.0%	10.3%	9.5%	20.5%	13.9%	13.1%	4.9%

Adjusted EBITDA	1,003	1,206	1,283	1,367	1,475	1,690	1,853	1,648	2,061	2,138	2,283
% Margin	36.8%	39.5%	38.1%	35.9%	35.1%	36.8%	33.4%	26.1%	28.9%	28.5%	29.8%

Adjusted EBIT	972	1,165	1,234	1,310	1,414	1,633	1,803	1,587	1,992	2,057	2,190
% Margin	35.7%	38.2%	36.6%	34.4%	33.7%	35.5%	32.5%	25.1%	27.9%	27.5%	28.6%

Adjusted Net Income	593	772	847	1,013	1,116	1,410	1,381	1,193	1,626	1,603	1,667
% Margin	21.8%	25.3%	25.1%	26.6%	26.6%	30.7%	24.9%	18.9%	22.8%	21.4%	21.8%

Adjusted Basic EPS	0.52	0.66	0.75	0.91	1.03	1.33	1.31	1.13	1.56	1.60	1.77

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
USD	Fiscal Year Ending										Latest
(in millions)	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Jun-25
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	2,723	3,049	3,369	3,807	4,201	4,599	5,541	6,311	7,140	7,493	7,659
% Growth	NA	12.0%	10.5%	13.0%	10.3%	9.5%	20.5%	13.9%	13.1%	4.9%

Cost of Revenue	(1,090)	(1,107)	(1,231)	(1,512)	(1,682)	(1,875)	(2,433)	(3,136)	(3,346)	(3,444)	(3,433)
Gross Profit	1,632	1,942	2,138	2,295	2,519	2,724	3,109	3,175	3,794	4,049	4,227
% Revenue	60.0%	63.7%	63.5%	60.3%	60.0%	59.2%	56.1%	50.3%	53.1%	54.0%	55.2%

Research and Development	0	0	0	0	0	0	0	0	0	0	0
Selling and Marketing	(297)	(354)	(416)	(482)	(514)	(480)	(632)	(710)	(753)	(808)	(808)
General and Admin	(364)	(423)	(488)	(503)	(590)	(611)	(674)	(878)	(1,050)	(1,183)	(1,229)
Other Inc / (Exp)	(83)	(89)	(39)	(31)	2	(7)	(1)	(15)	(53)	(183)	(174)
Total Operating Exp	(744)	(866)	(943)	(1,016)	(1,103)	(1,098)	(1,307)	(1,603)	(1,855)	(2,174)	(2,211)

Operating Income	888	1,076	1,195	1,279	1,416	1,626	1,801	1,572	1,939	1,875	2,015
% Revenue	32.6%	35.3%	35.5%	33.6%	33.7%	35.4%	32.5%	24.9%	27.2%	25.0%	26.3%

Interest Expense	3	4	7	14	(0)	(0)	(0)	(0)	130	115	70
Pre-tax Income	892	1,080	1,202	1,293	1,416	1,626	1,801	1,572	2,068	1,989	2,085
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0	0	0	0
Provision for Taxes	(345)	(367)	(381)	(300)	(308)	(217)	(424)	(380)	(437)	(480)	(511)
Net Income to Company	547	713	821	993	1,108	1,410	1,377	1,192	1,631	1,509	1,573
% Margin	20.1%	23.4%	24.4%	26.1%	26.4%	30.7%	24.9%	18.9%	22.8%	20.1%	20.5%

Minority Interest in Earnings	0	0	0	0	0	0	0	0	0	0	0
Net Income to Stockholders	547	713	821	993	1,108	1,410	1,377	1,192	1,631	1,509	1,573

Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0	0	0	0

Net Income to Common	547	713	821	993	1,108	1,410	1,377	1,192	1,631	1,509	1,573
% Margin	20.1%	23.4%	24.4%	26.1%	26.4%	30.7%	24.9%	18.9%	22.8%	20.1%	20.5%

As Reported
Basic EPS (Continuing Ops)	0.48	0.61	0.72	0.89	1.02	1.33	1.30	1.13	1.56	1.50	1.62
Diluted EPS (Continuing Ops)	0.48	0.60	0.71	0.88	1.02	1.32	1.29	1.12	1.54	1.49	1.61

WA Basic Shares Out.	1,132.90	1,175.75	1,133.56	1,114.33	1,084.38	1,059.28	1,057.53	1,053.56	1,044.89	1,004.57	944.08
WA Diluted Shares Out.	1,155.52	1,199.64	1,154.28	1,128.51	1,093.22	1,069.61	1,071.28	1,066.44	1,057.98	1,013.11	951.49

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	892	1,080	1,202	1,293	1,416	1,626	1,801	1,572	2,068	1,989	2,085
Addback: Net Interest Expense	(3)	(4)	(7)	(14)	0	0	0	0	(130)	(115)	(70)
Addback: Other Non Operating Expenses, Total	21	10	4	4	(13)	7	(4)	13	60	56	47
Addback: Depreciation & Amortization	31	41	49	57	61	57	50	61	69	80	93
Addback: Restructuring Charges	0	0	0	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0	0	86	86
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	(161)	0	0	0	0	0	0	0	0	0	0
Addback: Asset Writedown	0	0	0	0	0	0	0	2	39	41	41
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	224	80	35	27	11	0	5	0	(45)	0	0
Adjusted EBITDA	1,003	1,206	1,283	1,367	1,475	1,690	1,853	1,648	2,061	2,138	2,283
% Margin	36.8%	39.5%	38.1%	35.9%	35.1%	36.8%	33.4%	26.1%	28.9%	28.5%	29.8%

Adjusted EBIT	972	1,165	1,234	1,310	1,414	1,633	1,803	1,587	1,992	2,057	2,190
% Margin	35.7%	38.2%	36.6%	34.4%	33.7%	35.5%	32.5%	25.1%	27.9%	27.5%	28.6%

Adjusted Net Income Reconciliation
Net Income to Company	547	713	821	993	1,108	1,410	1,377	1,192	1,631	1,509	1,573
Addback: Unusual Items	63	80	35	27	11	0	5	2	(7)	127	127
Less: Tax Benefit of Unusual Items (26%)	(16)	(21)	(9)	(7)	(3)	(0)	(1)	(1)	2	(33)	(33)
Adjusted Net Income	593	772	847	1,013	1,116	1,410	1,381	1,193	1,626	1,603	1,667
% Margin	21.8%	25.3%	25.1%	26.6%	26.6%	30.7%	24.9%	18.9%	22.8%	21.4%	21.8%

Loading Error

Monster Beverage Corp

DB:MOB

United States / Consumer Staples / Beverages

10Y Historical Financials