Operating Profit Margin
since 2005
Calculation
Monster Beverage Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 27.36% | = | 100 | × | 1,953,355) | ÷ | 7,140,027) |
| Dec 31, 2022 | 25.11% | = | 100 | × | 1,584,721) | ÷ | 6,311,050) |
| Dec 31, 2021 | 32.44% | = | 100 | × | 1,797,467) | ÷ | 5,541,352) |
| Dec 31, 2020 | 35.51% | = | 100 | × | 1,633,153) | ÷ | 4,598,638) |
| Dec 31, 2019 | 33.40% | = | 100 | × | 1,402,939) | ÷ | 4,200,819) |
| Dec 31, 2018 | 33.72% | = | 100 | × | 1,283,619) | ÷ | 3,807,183) |
| Dec 31, 2017 | 35.58% | = | 100 | × | 1,198,787) | ÷ | 3,369,045) |
| Dec 31, 2016 | 35.59% | = | 100 | × | 1,085,338) | ÷ | 3,049,393) |
| Dec 31, 2015 | 32.82% | = | 100 | × | 893,653) | ÷ | 2,722,564) |
| Dec 31, 2014 | 30.33% | = | 100 | × | 747,505) | ÷ | 2,464,867) |
| Dec 31, 2013 | 25.50% | = | 100 | × | 572,916) | ÷ | 2,246,428) |
| Dec 31, 2012 | 26.72% | = | 100 | × | 550,623) | ÷ | 2,060,702) |
| Dec 31, 2011 | 26.80% | = | 100 | × | 456,423) | ÷ | 1,703,230) |
| Dec 31, 2010 | 26.67% | = | 100 | × | 347,814) | ÷ | 1,303,942) |
| Dec 31, 2009 | 29.50% | = | 100 | × | 337,309) | ÷ | 1,143,299) |
| Dec 31, 2008 | 15.82% | = | 100 | × | 163,591) | ÷ | 1,033,780) |
| Dec 31, 2007 | 25.54% | = | 100 | × | 230,986) | ÷ | 904,465) |
| Dec 31, 2006 | 26.18% | = | 100 | × | 158,579) | ÷ | 605,774) |
| Dec 31, 2005 | 29.65% | = | 100 | × | 103,443) | ÷ | 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., operating profit margin, long-term trends, comparison to competitors
| Monster Beverage Corp. | Coca-Cola Co. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 27.36% | 24.72% | 15.28% | 13.10% | 32.85% |
| Dec 31, 2022 | 25.11% | 25.37% | 11.22% | 13.33% | 38.56% |
| Dec 31, 2021 | 32.44% | 26.67% | 16.20% | 14.04% | 41.32% |
| Dec 31, 2020 | 35.51% | 27.25% | 14.50% | 14.32% | 40.66% |
| Dec 31, 2019 | 33.40% | 27.06% | 14.86% | 15.32% | 35.33% |
| Dec 31, 2018 | 33.72% | 27.31% | 12.77% | 15.64% | 38.40% |
| Dec 31, 2017 | 35.58% | 21.18% | 13.54% | 16.54% | 40.01% |
| Dec 31, 2016 | 35.59% | 20.61% | 9.91% | 15.58% | 40.53% |
| Dec 31, 2015 | 32.82% | 19.70% | 30.02% | 13.25% | 39.65% |
| Dec 31, 2014 | 30.33% | 21.11% | 9.47% | 14.37% | 39.31% |
| Dec 31, 2013 | 25.50% | 21.83% | 11.25% | 14.61% | 43.29% |
| Dec 31, 2012 | 26.72% | 22.45% | 10.39% | 13.91% | 44.18% |
| Dec 31, 2011 | 26.80% | 21.82% | 12.25% | 14.48% | 42.90% |
| Dec 31, 2010 | 26.67% | 24.06% | 11.51% | 14.41% | 41.16% |
| Dec 31, 2009 | 29.50% | 26.56% | 13.68% | 18.61% | 40.10% |
| Dec 31, 2008 | 15.82% | 26.44% | 9.04% | 16.03% | 39.87% |
| Dec 31, 2007 | 25.54% | 25.13% | 11.63% | 18.16% | — |
| Dec 31, 2006 | 26.18% | 26.19% | 13.17% | 18.33% | — |
| Dec 31, 2005 | 29.65% | 26.34% | 13.93% | 18.19% | — |
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).