Stock Analysis on Net
Stock Analysis on Net

Monster Beverage Corp. (NASDAQ:MNST)

This company has been moved to the archive! The financial data has not been updated since May 7, 2024.

Common-Size Income Statement

Monster Beverage Corp., common-size consolidated income statement

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12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net sales 100.00 100.00 100.00 100.00 100.00
Cost of sales -46.86 -49.70 -43.90 -40.77 -40.05
Gross profit 53.14% 50.30% 56.10% 59.23% 59.95%
Operating expenses -25.78 -25.19 -23.66 -23.72 -26.56
Operating income 27.36% 25.11% 32.44% 35.51% 33.40%
Interest on finance lease liabilities 0.00 0.00 0.00 0.00 0.00
Other income (expense), net 1.62 -0.20 0.07 -0.15 0.31
Income before provision for income taxes 28.97% 24.91% 32.51% 35.36% 33.71%
Provision for income taxes -6.13 -6.03 -7.65 -4.71 -7.33
Net income 22.84% 18.88% 24.86% 30.65% 26.37%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Monster Beverage Corp. operating income as a percentage of net sales decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Income before provision for income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Monster Beverage Corp. income before provision for income taxes as a percentage of net sales decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Monster Beverage Corp. net income as a percentage of net sales decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.