Monster Beverage Past Earnings Performance
Past criteria checks 3/6
Monster Beverage has been growing earnings at an average annual rate of 6.8%, while the Beverage industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 13% per year. Monster Beverage's return on equity is 27.8%, and it has net margins of 21.7%.
Key information
6.8%
Earnings growth rate
7.7%
EPS growth rate
| Beverage Industry Growth | 4.4% |
| Revenue growth rate | 13.0% |
| Return on equity | 27.8% |
| Net Margin | 21.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Is Monster Beverage (NASDAQ:MNST) Using Too Much Debt?
Dec 13
Is There An Opportunity With Monster Beverage Corporation's (NASDAQ:MNST) 21% Undervaluation?
Nov 28Monster Beverage Corporation Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Nov 12Monster Energy: Great Compounder Trading At A 25% Premium
Nov 063 Reasons To Buy Monster Energy
Oct 28We Ran A Stock Scan For Earnings Growth And Monster Beverage (NASDAQ:MNST) Passed With Ease
Oct 20Monster Beverage: Why I Doubled-Down On This Discounted Compounder
Sep 27These 4 Measures Indicate That Monster Beverage (NASDAQ:MNST) Is Using Debt Safely
Sep 10Monster Beverage: Upside Is Attractive At This Valuation
Sep 10Investors Shouldn't Overlook The Favourable Returns On Capital At Monster Beverage (NASDAQ:MNST)
Aug 27Monster Beverage: Is Energy Losing Its Bounce?
Aug 17Are Investors Undervaluing Monster Beverage Corporation (NASDAQ:MNST) By 34%?
Aug 11Monster Beverage: Energy Idea For Long-Term Investment
Aug 06With EPS Growth And More, Monster Beverage (NASDAQ:MNST) Makes An Interesting Case
Jul 12Investors Appear Satisfied With Monster Beverage Corporation's (NASDAQ:MNST) Prospects
Jun 26Monster Beverage: Bullish On EPS Upside Despite Headwinds
Jun 20Monster Beverage: Premium Brands Supporting Premium Valuation
May 16Earnings Update: Monster Beverage Corporation (NASDAQ:MNST) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 11Estimating The Fair Value Of Monster Beverage Corporation (NASDAQ:MNST)
Apr 26Think Twice About Betting Against Monster Beverage
Mar 25There Are Reasons To Feel Uneasy About Monster Beverage's (NASDAQ:MNST) Returns On Capital
Mar 20Monster Beverage: Still Backing It All The Way
Mar 14Analyst Estimates: Here's What Brokers Think Of Monster Beverage Corporation (NASDAQ:MNST) After Its Annual Report
Mar 02Monster Beverage: Premium Company At Expensive Price
Jan 26Estimating The Fair Value Of Monster Beverage Corporation (NASDAQ:MNST)
Jan 22Market Participants Recognise Monster Beverage Corporation's (NASDAQ:MNST) Earnings
Jan 04Monster Beverage: Simply Too Expensive
Aug 15Monster: Recent Rally Is A Good Opportunity To Sell Into Strength
Jul 11Monster Beverage: Overpriced In The Current Macroeconomic Environment
Jun 28Revenue & Expenses Breakdown
How Monster Beverage makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 7,411 | 1,605 | 1,958 | 0 |
| 30 Jun 24 | 7,386 | 1,687 | 1,895 | 0 |
| 31 Mar 24 | 7,340 | 1,676 | 1,854 | 0 |
| 31 Dec 23 | 7,140 | 1,631 | 1,782 | 0 |
| 30 Sep 23 | 6,923 | 1,566 | 1,711 | 0 |
| 30 Jun 23 | 6,691 | 1,435 | 1,669 | 0 |
| 31 Mar 23 | 6,491 | 1,295 | 1,625 | 0 |
| 31 Dec 22 | 6,311 | 1,192 | 1,590 | 0 |
| 30 Sep 22 | 6,223 | 1,211 | 1,550 | 0 |
| 30 Jun 22 | 6,009 | 1,226 | 1,478 | 0 |
| 31 Mar 22 | 5,816 | 1,356 | 1,382 | 0 |
| 31 Dec 21 | 5,541 | 1,377 | 1,306 | 0 |
| 30 Sep 21 | 5,313 | 1,528 | 1,245 | 0 |
| 30 Jun 21 | 5,148 | 1,538 | 1,178 | 0 |
| 31 Mar 21 | 4,780 | 1,446 | 1,119 | 0 |
| 31 Dec 20 | 4,599 | 1,410 | 1,091 | 0 |
| 30 Sep 20 | 4,420 | 1,193 | 1,095 | 0 |
| 30 Jun 20 | 4,307 | 1,144 | 1,095 | 0 |
| 31 Mar 20 | 4,317 | 1,125 | 1,125 | 0 |
| 31 Dec 19 | 4,201 | 1,108 | 1,104 | 0 |
| 30 Sep 19 | 4,108 | 1,092 | 1,056 | 0 |
| 30 Jun 19 | 3,990 | 1,061 | 1,033 | 0 |
| 31 Mar 19 | 3,902 | 1,038 | 1,008 | 0 |
| 31 Dec 18 | 3,807 | 993 | 985 | 0 |
| 30 Sep 18 | 3,693 | 955 | 976 | 0 |
| 30 Jun 18 | 3,587 | 906 | 959 | 0 |
| 31 Mar 18 | 3,478 | 859 | 935 | 0 |
| 31 Dec 17 | 3,369 | 821 | 904 | 0 |
| 30 Sep 17 | 3,312 | 792 | 861 | 0 |
| 30 Jun 17 | 3,191 | 765 | 832 | 0 |
| 31 Mar 17 | 3,111 | 727 | 803 | 0 |
| 31 Dec 16 | 3,049 | 713 | 777 | 0 |
| 30 Sep 16 | 2,941 | 678 | 748 | 0 |
| 30 Jun 16 | 2,910 | 661 | 712 | 0 |
| 31 Mar 16 | 2,776 | 706 | 674 | 0 |
| 31 Dec 15 | 2,723 | 547 | 661 | 0 |
| 30 Sep 15 | 2,683 | 533 | 626 | 0 |
| 30 Jun 15 | 2,562 | 480 | 606 | 0 |
| 31 Mar 15 | 2,556 | 392 | 604 | 0 |
| 31 Dec 14 | 2,465 | 483 | 588 | 0 |
| 30 Sep 14 | 2,400 | 434 | 585 | 0 |
| 30 Jun 14 | 2,355 | 405 | 577 | 0 |
| 31 Mar 14 | 2,298 | 370 | 588 | 0 |
| 31 Dec 13 | 2,246 | 339 | 587 | 0 |
Quality Earnings: MNST has high quality earnings.
Growing Profit Margin: MNST's current net profit margins (21.7%) are lower than last year (22.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNST's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: MNST's earnings growth over the past year (2.5%) is below its 5-year average (6.8% per year).
Earnings vs Industry: MNST earnings growth over the past year (2.5%) did not outperform the Beverage industry 10.8%.
Return on Equity
High ROE: MNST's Return on Equity (27.8%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Monster Beverage Corporation is covered by 51 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Andrew Strelzik | BMO Capital Markets Equity Research |