Net Profit Margin
since 2005
Calculation
Monster Beverage Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 22.84% | = | 100 | × | 1,630,988) | ÷ | 7,140,027) |
| Dec 31, 2022 | 18.88% | = | 100 | × | 1,191,624) | ÷ | 6,311,050) |
| Dec 31, 2021 | 24.86% | = | 100 | × | 1,377,475) | ÷ | 5,541,352) |
| Dec 31, 2020 | 30.65% | = | 100 | × | 1,409,594) | ÷ | 4,598,638) |
| Dec 31, 2019 | 26.37% | = | 100 | × | 1,107,835) | ÷ | 4,200,819) |
| Dec 31, 2018 | 26.08% | = | 100 | × | 993,004) | ÷ | 3,807,183) |
| Dec 31, 2017 | 24.36% | = | 100 | × | 820,678) | ÷ | 3,369,045) |
| Dec 31, 2016 | 23.37% | = | 100 | × | 712,685) | ÷ | 3,049,393) |
| Dec 31, 2015 | 20.08% | = | 100 | × | 546,733) | ÷ | 2,722,564) |
| Dec 31, 2014 | 19.60% | = | 100 | × | 483,185) | ÷ | 2,464,867) |
| Dec 31, 2013 | 15.08% | = | 100 | × | 338,661) | ÷ | 2,246,428) |
| Dec 31, 2012 | 16.50% | = | 100 | × | 340,020) | ÷ | 2,060,702) |
| Dec 31, 2011 | 16.80% | = | 100 | × | 286,219) | ÷ | 1,703,230) |
| Dec 31, 2010 | 16.26% | = | 100 | × | 212,029) | ÷ | 1,303,942) |
| Dec 31, 2009 | 18.26% | = | 100 | × | 208,716) | ÷ | 1,143,299) |
| Dec 31, 2008 | 10.45% | = | 100 | × | 108,032) | ÷ | 1,033,780) |
| Dec 31, 2007 | 16.52% | = | 100 | × | 149,406) | ÷ | 904,465) |
| Dec 31, 2006 | 16.17% | = | 100 | × | 97,949) | ÷ | 605,774) |
| Dec 31, 2005 | 17.99% | = | 100 | × | 62,775) | ÷ | 348,886) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Monster Beverage Corp., net profit margin, long-term trends, comparison to competitors
| Monster Beverage Corp. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 22.84% | 33.21% | 23.42% | 9.92% | 22.21% |
| Dec 31, 2022 | 18.88% | 22.97% | 22.19% | 10.31% | 28.49% |
| Dec 31, 2021 | 24.86% | 9.51% | 25.28% | 9.59% | 29.00% |
| Dec 31, 2020 | 30.65% | 17.08% | 23.47% | 10.12% | 28.08% |
| Dec 31, 2019 | 26.37% | -5.15% | 23.94% | 10.89% | 24.11% |
| Dec 31, 2018 | 26.08% | 27.45% | 20.20% | 19.35% | 26.70% |
| Dec 31, 2017 | 24.36% | 39.97% | 3.52% | 7.65% | 20.99% |
| Dec 31, 2016 | 23.37% | 55.31% | 15.59% | 10.08% | 26.11% |
| Dec 31, 2015 | 20.08% | 20.61% | 16.60% | 8.65% | 25.65% |
| Dec 31, 2014 | 19.60% | 20.68% | 15.43% | 9.77% | 25.17% |
| Dec 31, 2013 | 15.08% | 18.54% | 18.32% | 10.15% | 27.47% |
| Dec 31, 2012 | 16.50% | 16.98% | 18.78% | 9.43% | 28.05% |
| Dec 31, 2011 | 16.80% | 14.24% | 18.42% | 9.69% | 27.63% |
| Dec 31, 2010 | 16.26% | 16.03% | 33.63% | 10.93% | 26.68% |
| Dec 31, 2009 | 18.26% | 13.61% | 22.02% | 13.75% | 25.33% |
| Dec 31, 2008 | 10.45% | 25.47% | 18.18% | 11.89% | 26.80% |
| Dec 31, 2007 | 16.52% | 13.26% | 20.73% | 14.33% | — |
| Dec 31, 2006 | 16.17% | 11.86% | 21.09% | 16.06% | — |
| Dec 31, 2005 | 17.99% | 10.66% | 21.09% | 12.52% | — |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Monster Beverage Corp., net profit margin, long-term trends, comparison to sector (food, beverage & tobacco)
| Monster Beverage Corp. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 22.84% | 18.15% |
| Dec 31, 2022 | 18.88% | 17.86% |
| Dec 31, 2021 | 24.86% | 16.50% |
| Dec 31, 2020 | 30.65% | 17.31% |
| Dec 31, 2019 | 26.37% | 13.89% |
| Dec 31, 2018 | 26.08% | 22.32% |
| Dec 31, 2017 | 24.36% | 14.59% |
| Dec 31, 2016 | 23.37% | 21.68% |
| Dec 31, 2015 | 20.08% | 15.61% |
| Dec 31, 2014 | 19.60% | 15.68% |
| Dec 31, 2013 | 15.08% | 16.83% |
| Dec 31, 2012 | 16.50% | 16.62% |
| Dec 31, 2011 | 16.80% | 16.07% |
| Dec 31, 2010 | 16.26% | 20.27% |
| Dec 31, 2009 | 18.26% | 18.17% |
| Dec 31, 2008 | 10.45% | 18.93% |
| Dec 31, 2007 | 16.52% | 15.07% |
| Dec 31, 2006 | 16.17% | 14.16% |
| Dec 31, 2005 | 17.99% | 12.63% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Monster Beverage Corp., net profit margin, long-term trends, comparison to industry (consumer staples)
| Monster Beverage Corp. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 22.84% | 5.78% |
| Dec 31, 2022 | 18.88% | 6.41% |
| Dec 31, 2021 | 24.86% | 6.06% |
| Dec 31, 2020 | 30.65% | 6.32% |
| Dec 31, 2019 | 26.37% | 4.09% |
| Dec 31, 2018 | 26.08% | 6.44% |
| Dec 31, 2017 | 24.36% | 6.34% |
| Dec 31, 2016 | 23.37% | 7.29% |
| Dec 31, 2015 | 20.08% | 5.42% |
| Dec 31, 2014 | 19.60% | 6.39% |
| Dec 31, 2013 | 15.08% | 6.91% |
| Dec 31, 2012 | 16.50% | 6.87% |
| Dec 31, 2011 | 16.80% | 7.24% |
| Dec 31, 2010 | 16.26% | 7.83% |
| Dec 31, 2009 | 18.26% | 7.13% |
| Dec 31, 2008 | 10.45% | 7.28% |
| Dec 31, 2007 | 16.52% | 6.85% |
| Dec 31, 2006 | 16.17% | 7.09% |
| Dec 31, 2005 | 17.99% | 6.94% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).