Monster Beverage profit margin MNST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 23.1%
- Operating margin, 12 months
- 29.2%
- Net margin on a year earlier
- +2.5 pts
- Peer median
- 11.1%
Over the twelve months to Jun 30, 2026, Monster Beverage kept 23.1% of its revenue as net profit, with an operating margin of 29.2% and a gross margin of 55.5%.
Five years earlier its net margin was 29.9%.
The median for 5 non-alcoholic beverage stocks of a similar size is 11.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 23.0% | 29.2% | 55.8% |
| FY2024 | 20.1% | 25.8% | 54.0% |
| FY2023 | 22.8% | 27.4% | 53.1% |
| FY2022 | 18.9% | 25.1% | 50.3% |
| FY2021 | 24.9% | 32.4% | 56.1% |
| FY2020 | 30.7% | 35.5% | 59.2% |
| FY2019 | 26.4% | 33.4% | 60.0% |
| FY2018 | 26.1% | 33.7% | 60.3% |
| FY2017 | 24.4% | 35.6% | 63.5% |
| FY2016 | 23.4% | 35.6% | 63.7% |
| FY2015 | 20.1% | 32.8% | 60.0% |
| FY2014 | 19.6% | 30.3% | 54.4% |
| FY2013 | 15.1% | 25.5% | 52.2% |
| FY2012 | 16.5% | 26.7% | 51.7% |
| FY2011 | 16.8% | 26.8% | 52.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 23.1% | +2.5 pts | 29.2% | |
| Q1 FY26 | 23.1% | +2.8 pts | 29.3% | |
| Q4 FY25 | 23.0% | +2.8 pts | 29.2% | |
| Q3 FY25 | 21.7% | −0.0 pts | 28.3% | |
| Q2 FY25 | 20.5% | −2.3 pts | 26.9% | |
| Q1 FY25 | 20.3% | −2.6 pts | 26.3% | |
| Q4 FY24 | 20.1% | −2.7 pts | 25.8% | |
| Q3 FY24 | 21.7% | −1.0 pts | 26.8% | |
| Q2 FY24 | 22.8% | +1.4 pts | 27.3% | |
| Q1 FY24 | 22.8% | +2.9 pts | 27.4% | |
| Q4 FY23 | 22.8% | +4.0 pts | 27.4% | |
| Q3 FY23 | 22.6% | +3.2 pts | 27.6% |
Against its peers
Companies in Beverages - Non-Alcoholic nearest Monster Beverage's size, closest first, today.
| Company | Profit margin |
|---|---|
| MNSTMonster Beverage | 23.1% |
| KDPKeurig Dr Pepper | 7.1% |
| PEPPepsiCo | 11.1% |
| KOCoca-Cola | 28.6% |
| COKECoca-Cola Consolidated | 7.2% |
| BF-BBrown Forman | 18.4% |
| Peer median | 11.1% |
Where Monster Beverage ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Monster Beverage
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.