MONSTER BEVERAGE CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 8,254 | 100.0 |
| Total capitalization | 8,254 | 100.0 |
979,525,882 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 7 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Common shares authorized | 5,000,000,000 |
| Common shares issued | 1,132,906,000 |
| Treasury shares | 154,793,000 |
| Par or stated value per share ($) | 0.005 |
| Outstanding at 7/31/26 | 979,525,882 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: State of incorporation not stated in SEC records. Formerly known as HANSEN NATURAL CORP (to 21 December 2011).
BUSINESS: Classified by the SEC under Standard Industrial Classification 2086, Bottled & Canned Soft Drinks & Carbonated Waters. Large accelerated filer. Principal executive office: 1 Monster Way, Corona, CA 92879. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 8,294 | 7,493 | 7,140 |
| Cost of revenues | 3,662 | 3,444 | 3,346 |
| Gross profit | 4,632 | 4,049 | 3,794 |
| Depreciation and amortization | 114 | 80 | 69 |
| Operating income | 2,419 | 1,930 | 1,953 |
| Income before income taxes | 2,483 | 1,989 | 2,068 |
| Income taxes | 577 | 480 | 437 |
| Net income | 1,905 | 1,509 | 1,631 |
| Earned per share, diluted ($) | 1.94 | 1.49 | 1.54 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 2,088 | 1,533 |
| Receivables, net | 1,618 | 1,222 |
| Inventories | 800 | 737 |
| Total current assets | 5,361 | 3,642 |
| Property, plant and equipment, net | 1,082 | 1,047 |
| Goodwill | 1,332 | 1,332 |
| Total assets | 9,989 | 7,719 |
| Total current liabilities | 1,448 | 1,098 |
| Long-term debt | – | 374 |
| Stockholders' equity | 8,254 | 5,958 |
| Total liabilities and equity | 9,989 | 7,719 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 8,294 | 2,419 | 1,905 | 23.0 | 1.94 | – | 2,098 | 132 | 1,966 | 9,989 | 1,735d | – | 8,254 | 23.1 | – |
| 12/31/24 | 7,493 | 1,930 | 1,509 | 20.1 | 1.49 | – | 1,929 | 264 | 1,664 | 7,719 | 1,761d | 374 | 5,958 | 25.3 | 0.06 |
| 12/31/23 | 7,140 | 1,953 | 1,631 | 22.8 | 1.54 | – | 1,718 | 221 | 1,496 | 9,687 | 1,458d | – | 8,229 | 19.8 | – |
| 12/31/22 | 6,311 | 1,585 | 1,192 | 18.9 | 1.12 | – | 888 | 189 | 699 | 8,293 | 1,268d | – | 7,025 | 17.0 | – |
| 12/31/21 | 5,541 | 1,797 | 1,377 | 24.9 | 1.29 | – | 1,156 | 44 | 1,112 | 7,805 | 1,238d | – | 6,567 | 21.0 | – |
| 12/31/20 | 4,599 | 1,633 | 1,410 | 30.7 | 2.64 | – | 1,364 | 49 | 1,315 | 6,203 | 1,042d | – | 5,161 | 27.3 | – |
| 12/31/19 | 4,201 | 1,403 | 1,108 | 26.4 | 2.03 | – | 1,114 | 102 | 1,012 | 5,150 | 979d | – | 4,171 | 26.6 | – |
| 12/31/18 | 3,807 | 1,284 | 993 | 26.1 | 1.76 | – | 1,162 | 62 | 1,100 | 4,527 | 916d | – | 3,611 | 27.5 | – |
| 12/31/17 | 3,369 | 1,199 | 821 | 24.4 | 1.42 | – | 988 | 83 | 904 | 4,791 | 896d | – | 3,895 | 21.1 | – |
| 12/31/16 | 3,049 | 1,085 | 713 | 23.4 | 1.19 | – | 701 | 100 | 602 | 4,153 | 824d | – | 3,330 | 21.4 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Monster Beverage Corp
CIK 865752 · EIN 47-1809393
PRINCIPAL OFFICE:
1 Monster Way, Corona, CA 92879
Tel.: 909-739-6200
INCORPORATED:
–
INDUSTRY (SEC SIC CODE):
2086 · Bottled & Canned Soft Drinks & Carbonated Waters
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 27 February 2026
FORMER NAMES:
HANSEN NATURAL CORP
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/27/26) · 10-K FY2024 (filed 2/28/25) · 10-K FY2023 (filed 2/29/24) · 10-K FY2022 (filed 3/1/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.