Return on Equity (ROE)
since 2005
Calculation
Monster Beverage Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 19.82% | = | 100 | × | 1,630,988) | ÷ | 8,228,744) |
| Dec 31, 2022 | 16.96% | = | 100 | × | 1,191,624) | ÷ | 7,025,041) |
| Dec 31, 2021 | 20.98% | = | 100 | × | 1,377,475) | ÷ | 6,566,951) |
| Dec 31, 2020 | 27.31% | = | 100 | × | 1,409,594) | ÷ | 5,160,860) |
| Dec 31, 2019 | 26.56% | = | 100 | × | 1,107,835) | ÷ | 4,171,281) |
| Dec 31, 2018 | 27.50% | = | 100 | × | 993,004) | ÷ | 3,610,901) |
| Dec 31, 2017 | 21.07% | = | 100 | × | 820,678) | ÷ | 3,895,212) |
| Dec 31, 2016 | 21.40% | = | 100 | × | 712,685) | ÷ | 3,329,709) |
| Dec 31, 2015 | 11.37% | = | 100 | × | 546,733) | ÷ | 4,809,410) |
| Dec 31, 2014 | 31.89% | = | 100 | × | 483,185) | ÷ | 1,515,150) |
| Dec 31, 2013 | 34.13% | = | 100 | × | 338,661) | ÷ | 992,279) |
| Dec 31, 2012 | 52.77% | = | 100 | × | 340,020) | ÷ | 644,397) |
| Dec 31, 2011 | 29.23% | = | 100 | × | 286,219) | ÷ | 979,158) |
| Dec 31, 2010 | 25.60% | = | 100 | × | 212,029) | ÷ | 828,398) |
| Dec 31, 2009 | 35.68% | = | 100 | × | 208,716) | ÷ | 584,953) |
| Dec 31, 2008 | 24.76% | = | 100 | × | 108,032) | ÷ | 436,316) |
| Dec 31, 2007 | 35.39% | = | 100 | × | 149,406) | ÷ | 422,167) |
| Dec 31, 2006 | 43.52% | = | 100 | × | 97,949) | ÷ | 225,084) |
| Dec 31, 2005 | 50.02% | = | 100 | × | 62,775) | ÷ | 125,509) |
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., ROE, long-term trends, comparison to competitors
| Monster Beverage Corp. | Coca-Cola Co. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 19.82% | 41.30% | 17.50% | 49.04% | — |
| Dec 31, 2022 | 16.96% | 39.59% | 10.11% | 51.96% | — |
| Dec 31, 2021 | 20.98% | 42.48% | 15.21% | 47.48% | — |
| Dec 31, 2020 | 27.31% | 40.14% | 12.89% | 52.92% | — |
| Dec 31, 2019 | 26.56% | 46.99% | 14.19% | 49.47% | — |
| Dec 31, 2018 | 27.50% | 37.89% | 13.19% | 86.20% | — |
| Dec 31, 2017 | 21.07% | 7.31% | 11.19% | 44.60% | — |
| Dec 31, 2016 | 21.40% | 28.30% | 6.59% | 57.04% | — |
| Dec 31, 2015 | 11.37% | 28.77% | 25.94% | 45.73% | — |
| Dec 31, 2014 | 31.89% | 23.41% | 7.87% | 37.35% | — |
| Dec 31, 2013 | 34.13% | 25.88% | 12.09% | 27.76% | — |
| Dec 31, 2012 | 52.77% | 27.51% | 9.40% | 27.71% | — |
| Dec 31, 2011 | 29.23% | 27.10% | 10.02% | 31.29% | 3,751.53% |
| Dec 31, 2010 | 25.60% | 38.09% | 11.48% | 29.86% | 207.05% |
| Dec 31, 2009 | 35.68% | 27.52% | 11.67% | 35.38% | 110.95% |
| Dec 31, 2008 | 24.76% | 28.37% | 13.07% | 42.47% | 91.87% |
| Dec 31, 2007 | 35.39% | 27.51% | 9.49% | 32.83% | — |
| Dec 31, 2006 | 43.52% | 30.02% | 10.72% | 36.71% | — |
| Dec 31, 2005 | 50.02% | 29.79% | 8.89% | 28.62% | — |
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., ROE, long-term trends, comparison to sector (food, beverage & tobacco)
| Monster Beverage Corp. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 19.82% | 52.90% |
| Dec 31, 2022 | 16.96% | 51.06% |
| Dec 31, 2021 | 20.98% | 53.84% |
| Dec 31, 2020 | 27.31% | 55.44% |
| Dec 31, 2019 | 26.56% | 55.17% |
| Dec 31, 2018 | 27.50% | 67.69% |
| Dec 31, 2017 | 21.07% | 35.87% |
| Dec 31, 2016 | 21.40% | 46.07% |
| Dec 31, 2015 | 11.37% | 51.57% |
| Dec 31, 2014 | 31.89% | 37.04% |
| Dec 31, 2013 | 34.13% | 33.90% |
| Dec 31, 2012 | 52.77% | 32.24% |
| Dec 31, 2011 | 29.23% | 30.95% |
| Dec 31, 2010 | 25.60% | 32.24% |
| Dec 31, 2009 | 35.68% | 30.24% |
| Dec 31, 2008 | 24.76% | 33.30% |
| Dec 31, 2007 | 35.39% | 21.47% |
| Dec 31, 2006 | 43.52% | 22.65% |
| Dec 31, 2005 | 50.02% | 19.24% |
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., ROE, long-term trends, comparison to industry (consumer staples)
| Monster Beverage Corp. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 19.82% | 30.71% |
| Dec 31, 2022 | 16.96% | 32.10% |
| Dec 31, 2021 | 20.98% | 31.40% |
| Dec 31, 2020 | 27.31% | 30.98% |
| Dec 31, 2019 | 26.56% | 22.71% |
| Dec 31, 2018 | 27.50% | 28.05% |
| Dec 31, 2017 | 21.07% | 25.14% |
| Dec 31, 2016 | 21.40% | 25.00% |
| Dec 31, 2015 | 11.37% | 23.15% |
| Dec 31, 2014 | 31.89% | 23.21% |
| Dec 31, 2013 | 34.13% | 24.09% |
| Dec 31, 2012 | 52.77% | 23.55% |
| Dec 31, 2011 | 29.23% | 23.75% |
| Dec 31, 2010 | 25.60% | 24.19% |
| Dec 31, 2009 | 35.68% | 23.20% |
| Dec 31, 2008 | 24.76% | 22.49% |
| Dec 31, 2007 | 35.39% | 18.15% |
| Dec 31, 2006 | 43.52% | 18.58% |
| Dec 31, 2005 | 50.02% | 22.40% |
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).