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
Quarterly Data

Monster Beverage Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net sales 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -45.91 -45.76 -47.00 -47.48 -47.15 -48.16 -48.67 -52.89 -48.86 -46.14 -44.05 -42.76 -42.52 -42.26 -40.91 -39.71 -40.01 -39.96 -40.63 -40.10 -39.37
Gross profit 54.09% 54.24% 53.00% 52.52% 52.85% 51.84% 51.33% 47.11% 51.14% 53.86% 55.95% 57.24% 57.48% 57.74% 59.09% 60.29% 59.99% 60.04% 59.37% 59.90% 60.63%
Operating expenses -25.55 -29.16 -25.50 -24.28 -24.30 -25.78 -25.60 -24.58 -24.84 -24.89 -24.44 -21.26 -24.18 -24.11 -22.30 -23.06 -25.63 -28.88 -24.49 -25.57 -27.70
Operating income 28.54% 25.08% 27.51% 28.24% 28.55% 26.07% 25.73% 22.53% 26.31% 28.97% 31.51% 35.98% 33.30% 33.63% 36.80% 37.23% 34.36% 31.17% 34.88% 34.33% 32.92%
Interest and other income (expense), net 1.88 0.93 3.84 0.82 0.74 -0.05 0.13 -0.41 -0.48 0.43 -0.16 0.06 -0.06 -0.13 -0.37 -0.16 0.08 0.41 0.28 0.27 0.29
Income before provision for income taxes 30.42% 26.01% 31.35% 29.06% 29.29% 26.01% 25.86% 22.12% 25.83% 29.40% 31.35% 36.04% 33.24% 33.50% 36.43% 37.07% 34.45% 31.58% 35.16% 34.60% 33.21%
Provision for income taxes -7.15 -4.80 -6.96 -6.74 -5.89 -6.07 -6.01 -5.61 -6.45 -6.86 -7.44 -8.42 -7.89 5.93 -8.54 -8.60 -8.19 -6.52 -8.79 -8.11 -5.57
Net income 23.28% 21.21% 24.39% 22.31% 23.39% 19.94% 19.85% 16.51% 19.37% 22.55% 23.91% 27.62% 25.34% 39.43% 27.89% 28.46% 26.25% 25.06% 26.37% 26.49% 27.64%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

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 Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
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 Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 not reaching Q3 2023 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 Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.