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Monster Beverage Corp USD

Update

Markets energy drinks and other beverages.

Sector: United States — large cap (SEC filings)

US_MNST

Price chart

93.23 USDDay 0.43%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
93.23 USD · 0.43%
Market cap
91.0 bn USD

Growth

Δ revenue y/y
26.9%
Δ EBITDA y/y
27.5%

Multiples

P/E (LTM)
44.8x
3y avg: 38.1x
P/B (FY)
15.3x
P/E (ann.)
39.9x
EV/EBITDA (LTM)
33.1x
3y avg: 26.7x
EV/EBITDA (ann.)
29.4x

Cash return

Dividend yield
FCF yield (LTM)
0.4%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (US listing)
419.4 mln USD

Shares: yahoo_fundamentals_timeseries/MNST

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 4 / Warn: 8 / Err: 1 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1OK
2023-06-30 Q2Warn 1
2023-09-30 Q3Warn 1
2023-12-31 FYWarn 1
2024-03-31 Q1Warn 1
2024-06-30 Q2Warn 2
2024-09-30 Q3Warn 1
2024-12-31 FYWarn 2
2025-03-31 Q1Warn 1
2025-06-30 Q2OK
2025-09-30 Q3OK
2025-12-31 FYOK
2026-03-31 Q1Errors 1
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-03-31Q1 2026 (3M)OK2353.3
y/y 26.9%
730.0
y/y 28.1%
28.4
y/y 14.3%
758.4
y/y 27.5%
569.5
y/y 28.6%
605.0-20.610843.5
y/y 31.8%
8727.0
y/y 33.9%
26.8%Link
2025-12-31Q4 2025 (3M)OK2131.1
y/y 17.6%
542.6
y/y 42.3%
32.4
y/y 57.3%
575.1
y/y 43.1%
449.2
y/y 65.9%
379.4-28.29988.9
y/y 29.4%
8254.1
y/y 38.5%
23.8%Link
2025-09-30Q3 2025 (3M)OK2197.1
y/y 16.8%
675.4
y/y 40.7%
29.6
y/y 48.8%
705.0
y/y 41.0%
524.5
y/y 41.4%
745.1-43.69611.3
y/y 19.3%
7745.2
y/y 34.0%
9.4%Link
2025-06-30Q2 2025 (3M)OK2111.6
y/y 11.1%
631.6
y/y 19.8%
27.6
y/y 41.8%
659.2
y/y 20.6%
488.8
y/y 14.9%
466.0-31.48729.9
y/y 8.3%
7191.3
y/y 22.6%
28.5%Link
2025-03-31Q1 2025 (3M)OK1854.6
y/y -2.3%
569.7
y/y 5.1%
24.8
y/y 21.4%
594.6
y/y 5.7%
443.0
y/y 0.2%
507.6-29.18227.0
y/y -18.5%
6519.4
y/y -24.0%
28.4%-1684.3Link
2024-12-31Q4 2024 (3M)OK1812.0
y/y 4.7%
381.2
y/y -12.2%
20.6
y/y 11.2%
401.8
y/y -11.2%
270.7
y/y -26.2%
461.7-91.37719.1
y/y -20.3%
5957.7
y/y -27.6%
25.7%-1142.6Link
2024-09-30Q3 2024 (3M)OK1881.0
y/y 1.3%
479.9
y/y -6.0%
19.9
y/y 10.7%
499.8
y/y -5.4%
370.9
y/y -18.1%
618.4-47.08053.3
y/y -13.5%
5779.4
y/y -26.6%
8.5%-862.5Link
2024-06-30Q2 2024 (3M)OK1900.6
y/y 2.5%
527.2
y/y 0.6%
19.4
y/y 24.8%
546.6
y/y 1.3%
425.4
y/y 2.8%
436.3-59.88060.9
y/y -13.0%
5866.3
y/y -25.2%
23.6%-802.7Link
2024-03-31Q1 2024 (3M)OK1899.1
y/y 11.8%
542.0
y/y 11.7%
20.5
y/y 21.8%
562.5
y/y 12.1%
442.0
y/y 11.2%
412.1-66.010098.1
y/y 14.2%
8577.8
y/y 16.0%
21.0%-3545.3Link
2023-12-31Q4 2023 (3M)OK1730.1
y/y
434.0
y/y
18.5
y/y
452.5
y/y
367.0
y/y
434.3-111.29686.5
y/y
8228.7
y/y
20.3%-3235.7Link
2023-09-30Q3 2023 (3M)OK1856.0
y/y
510.5
y/y
18.0
y/y
528.5
y/y
452.7
y/y
520.3-27.89314.3
y/y
7873.1
y/y
7.7%-2994.2Link
2023-06-30Q2 2023 (3M)OK1855.0
y/y
523.8
y/y
15.6
y/y
539.4
y/y
413.9
y/y
338.7-42.39263.3
y/y
7841.5
y/y
21.7%-3275.0Link
2023-03-31Q1 2023 (3M)OK1698.9
y/y
485.1
y/y
16.8
y/y
501.9
y/y
397.4
y/y
424.5-40.18844.4
y/y
7395.4
y/y
Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

05001 0001 5002 0002 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-20%0%20%40%2023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

FCF ($ mln)

-50005001 0001 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Net debt / cash ($ mln)

-4 000-3 000-2 000-1 00002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +11% vs +5% the year before — a +5.8 pp move. 3-year CAGR +10%.
revenue growth by year: 2023 +13% · 2024 +5% · 2025 +11%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 32.9x · 3-year average 28.4x

EV/EBITDA3-year 75th pct

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +13.0%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-03-31 vs 2025-03-31)
= (758 − 595) × 3.56
583
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (90 982 + -1 684) ÷ 2 698
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 0 + 0 + 221 − 134
221
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 0.7% × 90 982
−647
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (583 × 21.0 + 221 − 647) ÷ 90 982
+13.0%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)