Latest revenue
$2.35B
as of 2026-03-31
Latest net income
—
as of 2026-03-31
Net margin
—
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $84.88B
- Enterprise value
- $82.59B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- 10.96×
- Dividend yield
- 0.0%
- 52-wk high
- $88.77
- 52-wk low
- $58.09
- Beta
- —
- Shares out
- 978.0M
5-year trend
What this company does
Monster Beverage develops, markets, and sells energy drinks under brands like Monster Energy, Reign, and Bang, distributed through Coca-Cola's bottler network globally. Nearly all revenue comes from selling caffeinated energy beverages to distributors and retailers, with Q3 2025 net sales hitting $2.2 billion, up 17% year-over-year. The company just paid off its $373.9 million long-term debt and grew operating income 41% in the quarter, signaling strong pricing power and margin expansion.
Generated from MNST's filing dated 2024-02-29
Key risks
- Customer/distributor concentration: Coca-Cola system distributes the bulk of Monster's volume globally, leaving revenue highly exposed to one bottling partner.
- FX exposure: $147.4M nine-month FX translation gain reverses prior losses; AOCI still ($93.4M), and results remain sensitive to USD swings.
- Capital return slowing: only $43.9M of buybacks YTD 2025 vs $3.27B in 2024, while cash/investments swelled to $2.94B—capital deployment risk.
Generated from MNST's filing dated 2024-02-29
Profitability
Gross margin
55.8%
3.3%Operating margin
29.2%
13.2%Leverage
Debt / equity
0.21×
439.3%Long-term debt / equity
0.05×
Debt / assets
17.4%
363.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.35B | +26.9% | — | — | — |
Q4 2025 2025-12-31 | $2.13B | +17.6% | — | — | — |
Q3 2025 2025-09-30 | $2.20B | +16.8% | — | — | — |
Q2 2025 2025-06-30 | $2.11B | +11.1% | — | — | — |
Q1 2025 2025-03-31 | $1.85B | -2.3% | — | — | — |
Q4 2024 2024-12-31 | $1.81B | — | — | — | — |
Q3 2024 2024-09-30 | $1.88B | +1.3% | — | — | — |
Q2 2024 2024-06-30 | $1.90B | +2.5% | — | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Bottled & Canned Soft Drinks & Carbonated Waters · SIC 2086
Your notes
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Insider activity
Insider buying
$0
Insider selling
$36.8M
Net activity
−$36.8M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MNST
Institutional value
$14.73B
Total shares held
210.1M
Distinct holders
756
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 45.4M | $3.29B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 15.6M | $1.13B | — | New |
| 3 | Invesco Ltd. | 13.3M | $964.7M | — | New |
| 4 | Ninety One UK Ltd | 7.5M | $540.2M | — | New |
| 5 | Legal & General Group Plc | 5.2M | $378.5M | — | New |
| 6 | Nuveen, LLC | 5.0M | $362.6M | — | New |
| 7 | Bank of New York Mellon Corp | 4.5M | $324.0M | — | New |
| 8 | VANGUARD FIDUCIARY TRUST CO | 4.1M | $296.2M | — | New |
| 9 | CIBC Bancorp USA Inc. | 4.0M | $289.8M | — | New |
| 10 | UBS Group AG | 4.0M | $287.7M | — | New |
| 11 | ENVESTNET ASSET MANAGEMENT INC | 3.9M | $280.2M | — | New |
| 12 | DIMENSIONAL FUND ADVISORS LP | 3.5M | $254.4M | — | New |
| 13 | AustralianSuper Pty Ltd | 3.5M | $253.9M | — | New |
| 14 | DEUTSCHE BANK AG\ | 3.0M | $218.9M | — | New |
| 15 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 2.9M | $212.7M | — | New |
| 16 | Robeco Institutional Asset Management B.V. | 2.9M | $210.0M | — | New |
| 17 | MONTRUSCO BOLTON INVESTMENTS INC. | 3.0M | $209.9M | — | New |
| 18 | TD ASSET MANAGEMENT INC | 2.6M | $185.0M | — | New |
| 19 | Russell Investments Group, Ltd. | 2.2M | $162.0M | — | New |
| 20 | WELLS FARGO & COMPANY/MN | 2.2M | $159.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Gross margin jumped to 55.7% from 53.2% YoY—how much is sustainable pricing versus transitory aluminum/PET tailwinds that could reverse in 2026?
- 2
Buybacks slowed to just $44M YTD versus $3.8B prior-year pace; with $2.9B cash and zero debt, why the sudden capital-return restraint?
- 3
Accounts receivable grew 31% to $1.6B while sales rose only 8.5%—what's driving the DSO expansion and is channel inventory inflated?
Refreshed when MNST files a new report · last from 2024-02-29