Monster Beverage Corporation

DB:MOB Stock Report

Market Cap: €48.2b

Monster Beverage Past Earnings Performance

Past criteria checks 4/6

Monster Beverage has been growing earnings at an average annual rate of 6.8%, while the Beverage industry saw earnings growing at 2.3% 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-0.09%
Revenue growth rate13.0%
Return on equity27.8%
Net Margin21.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Monster Beverage makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:MOB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,4111,6051,9580
30 Jun 247,3861,6871,8950
31 Mar 247,3401,6761,8540
31 Dec 237,1401,6311,7820
30 Sep 236,9231,5661,7110
30 Jun 236,6911,4351,6690
31 Mar 236,4911,2951,6250
31 Dec 226,3111,1921,5900
30 Sep 226,2231,2111,5500
30 Jun 226,0091,2261,4780
31 Mar 225,8161,3561,3820
31 Dec 215,5411,3771,3060
30 Sep 215,3131,5281,2450
30 Jun 215,1481,5381,1780
31 Mar 214,7801,4461,1190
31 Dec 204,5991,4101,0910
30 Sep 204,4201,1931,0950
30 Jun 204,3071,1441,0950
31 Mar 204,3171,1251,1250
31 Dec 194,2011,1081,1040
30 Sep 194,1081,0921,0560
30 Jun 193,9901,0611,0330
31 Mar 193,9021,0381,0080
31 Dec 183,8079939850
30 Sep 183,6939559760
30 Jun 183,5879069590
31 Mar 183,4788599350
31 Dec 173,3698219040
30 Sep 173,3127928610
30 Jun 173,1917658320
31 Mar 173,1117278030
31 Dec 163,0497137770
30 Sep 162,9416787480
30 Jun 162,9106617120
31 Mar 162,7767066740
31 Dec 152,7235476610
30 Sep 152,6835336260
30 Jun 152,5624806060
31 Mar 152,5563926040
31 Dec 142,4654835880
30 Sep 142,4004345850
30 Jun 142,3554055770
31 Mar 142,2983705880
31 Dec 132,2463395870

Quality Earnings: MOB has high quality earnings.

Growing Profit Margin: MOB'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: MOB's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: MOB's earnings growth over the past year (2.5%) is below its 5-year average (6.8% per year).

Earnings vs Industry: MOB earnings growth over the past year (2.5%) exceeded the Beverage industry 1.3%.

Return on Equity

High ROE: MOB's Return on Equity (27.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
John StaszakArgus Research Company
Ishan MajumdarBaptista Research
Andrew StrelzikBMO Capital Markets Equity Research