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Monster Beverage (Monster Beverage) Revenue

: $7,140 Mil (TTM As of Dec. 2023)
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Monster Beverage's revenue for the three months ended in Dec. 2023 was $1,730 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,140 Mil. Monster Beverage's Revenue per Share for the three months ended in Dec. 2023 was $1.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.75.

Good Sign:

Monster Beverage Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Monster Beverage was 14.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 15.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Monster Beverage's highest 3-Year average Revenue per Share Growth Rate was 207.20% per year. The lowest was 5.60% per year. And the median was 15.70% per year.


Monster Beverage Revenue Historical Data

The historical data trend for Monster Beverage's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,200.82 4,598.64 5,541.35 6,311.05 7,140.03

Monster Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,512.93 1,698.93 1,854.96 1,856.03 1,730.11

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monster Beverage Revenue Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Revenue distribution charts can be found below:

* The bar in red indicates where Monster Beverage's Revenue falls into.



Monster Beverage Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,140 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Monster Beverage  (NAS:MNST) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Monster Beverage Revenue Related Terms

Thank you for viewing the detailed overview of Monster Beverage's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Monster Beverage (Monster Beverage) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.
Executives
Guy Carling officer: President of EMEA 1 MONSTER WAY, CORONA CA 92879
Thomas J Kelly officer: VP-Hansen Beverage Company MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Mark Vidergauz director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Ana Demel director 1 MONSTER WAY, CORONA CA 92879
Mark J Hall officer: Senior VP, Hansen Bev Co MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
James L Dinkins director C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Steven G Pizula director 1 MONSTER WAY, CORONA CA 92879
Emelie Tirre officer: President of the Americas 1 MONSTER WAY, CORONA CA 92879
Gary P Fayard director ONE COCA COLA PLAZA, ATLANTA GA 30313
Tiffany M. Hall director 1 MONSTER WAY, CORONA CA 92879
Jeanne P Jackson director 537 NEWPORT CENTER DRIVE, #306, NEWPORT BEACH CA 92660
Hilton H Schlosberg director, officer: Vice Chairman and President C/O MONSTER BEVERAGE CORP, 1 MONSTER WAY, CORONA CA 92879
Rodney C Sacks director, officer: Chairman and CEO C/O HANSEN NATURAL CORP, 550 MONICA CIRCLE, SUITE 201, CORONA CA 92880
Sydney Selati director 1 MONSTER WAY, CORONA CA 92879
Benjamin Polk director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879

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