Explain this page
Arphra AIPlain-English read on Monster Beverage Corporation’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | $52.8B | $74.82B | — | — | — | — |
| Enterprise value | — | — | — | $51.64B | $72.73B | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | 6.89 | 8.77 | — | — | — | — |
| EV / FCF | — | — | — | 31.84 | 37.00 | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | +2.86% | +2.55% | — | — | — | — |
| Free cash flow yield | — | — | — | +3.07% | +2.63% | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +56.10% | +50.30% | +53.14% | +54.04% | +55.85% | +53.81% | +53.55% | +53.96% | +55.22% |
| Operating margin | +32.44% | +25.11% | +27.36% | +25.76% | +29.17% | +27.45% | +28.18% | +27.75% | +26.61% |
| EBITDA margin | +33.34% | +26.08% | +28.32% | +26.84% | +31.39% | +28.05% | +28.20% | +28.75% | +28.92% |
| EBIT margin | +32.44% | +25.11% | +27.36% | +25.76% | +30.01% | +28.39% | +27.91% | +27.50% | +27.22% |
| Pre-tax margin | +32.51% | +24.91% | +28.97% | +26.55% | +29.93% | +28.25% | +28.80% | +27.90% | +28.96% |
| Net margin | +24.86% | +18.88% | +22.84% | +20.14% | +22.97% | +21.51% | +21.64% | +21.57% | +21.57% |
| Cost structure | |||||||||
| Cost of revenue / sales | +43.90% | +49.70% | +46.86% | +45.96% | +44.15% | +46.08% | +45.61% | +44.58% | +45.26% |
| R&D intensity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +23.56% | +25.16% | +25.24% | +26.58% | 0.00% | +17.57% | +17.27% | +17.39% | +17.62% |
| Effective tax rate | +23.53% | +24.20% | +21.15% | +24.15% | +23.25% | +23.50% | +22.07% | +23.63% | +22.67% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +20.98% | +16.96% | +19.82% | +25.33% | +23.08% | +21.40% | +21.82% | +21.79% | +21.85% |
| Return on assets (ROA) | +17.65% | +14.37% | +16.84% | +19.55% | +19.08% | +17.82% | +17.83% | +17.84% | +18.36% |
| Return on capital (ROC) | +27.37% | +22.56% | +23.74% | +30.49% | +29.31% | +26.88% | +27.95% | +27.58% | +26.52% |
| Return on invested capital (ROIC) | +20.98% | +16.96% | +19.82% | +23.83% | +23.08% | +21.06% | +21.46% | +21.44% | +21.50% |
| Asset turnover | +71.00% | +76.10% | +73.71% | +97.07% | +83.04% | +82.85% | +82.43% | +82.71% | +85.11% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +24.86% | +18.88% | +22.84% | +20.14% | +22.97% | +21.51% | +21.64% | +21.57% | +21.57% |
| Asset turnover (× revenue / assets) | +71.00% | +76.10% | +73.71% | +97.07% | +83.04% | +82.85% | +82.43% | +82.71% | +85.11% |
| Equity multiplier (× assets / equity) | +118.85% | +118.05% | +117.72% | +129.56% | +121.02% | +120.10% | +122.35% | +122.14% | +119.01% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 0.71 | 0.76 | 0.74 | 0.97 | 0.83 | 0.83 | 0.82 | 0.83 | 0.85 |
| Fixed-asset turnover | 17.66 | 12.21 | 8.02 | 7.16 | 7.67 | — | — | — | — |
| Inventory turnover | 4.10 | 3.35 | 3.44 | 4.67 | 4.58 | — | — | — | — |
| Receivables turnover | 6.18 | 6.21 | 5.98 | 6.13 | 5.13 | — | — | — | — |
| Payables turnover | 6.02 | 7.06 | 5.93 | 7.38 | 6.47 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 59.06 | 58.77 | 61.04 | 59.51 | 71.20 | — | — | — | — |
| Days inventory outstanding (DIO) | 89.02 | 108.88 | 105.97 | 78.12 | 79.70 | — | — | — | — |
| Days payables outstanding (DPO) | 60.65 | 51.70 | 61.57 | 49.47 | 56.41 | — | — | — | — |
| Cash conversion cycle | 87.43 | 115.95 | 105.44 | 88.16 | 94.49 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 0.84 | 0.74 | 1.05 | 1.28 | 1.10 | 1.19 | 1.18 | 1.13 | 1.19 |
| FCF / Net income | 0.80 | 0.57 | 0.91 | 1.07 | 1.03 | 1.01 | 1.01 | 1.05 | 1.03 |
| FCF margin | +19.82% | +10.70% | +20.77% | +21.65% | +23.70% | +21.69% | +21.94% | +22.54% | +22.32% |
| OCF margin | +20.86% | +14.07% | +24.06% | +25.74% | +25.30% | +25.61% | +25.56% | +24.32% | +25.74% |
| CapEx / Revenue | +1.04% | +3.36% | +3.29% | +4.09% | +1.59% | +3.03% | +3.04% | +3.04% | +3.04% |
| CapEx / D&A | 1.15 | 3.46 | 3.41 | 3.81 | 1.16 | — | — | — | — |
| Stock-based comp / Revenue | +1.27% | +1.02% | +0.96% | +1.21% | +1.52% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 1.29 | 1.12 | 1.54 | 1.49 | 1.94 | 2.29 | 2.58 | 2.93 | 3.37 |
| EPS · basic | 1.30 | 1.13 | 1.56 | 1.50 | 1.95 | 2.33 | 2.58 | 2.95 | 3.40 |
| Book value / share | 6.13 | 6.59 | 7.78 | 5.88 | 8.38 | 9.73 | 10.38 | 11.43 | 12.78 |
| Tangible BV / share | 3.89 | 4.11 | 5.09 | 3.17 | 5.63 | 9.73 | 10.38 | 11.43 | 12.78 |
| Sales / share | 5.17 | 5.92 | 6.75 | 7.40 | 8.43 | 9.68 | 10.47 | 11.55 | 12.95 |
| Operating CF / share | 1.08 | 0.83 | 1.62 | 1.90 | 2.13 | 2.48 | 2.68 | 2.81 | 3.33 |
| Free cash flow / share | 1.03 | 0.63 | 1.40 | 1.60 | 2.00 | 2.10 | 2.30 | 2.60 | 2.89 |
| Dividends / share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payout ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Retention ratio | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +13.89% | +13.14% | +4.94% | +10.70% | +15.17% | +8.85% | +9.53% | +11.25% | +10.89% |
| Gross profit · YoY | — | +2.12% | +19.52% | +6.71% | +14.41% | +10.96% | +8.33% | +10.36% | +13.85% | +10.67% |
| Profit | ||||||||||
| Operating income · YoY | — | -11.84% | +23.26% | -1.18% | +25.34% | +8.39% | +11.74% | +7.84% | +6.68% | +8.18% |
| EBITDA · YoY | — | -10.91% | +22.86% | -0.57% | +29.48% | +2.91% | +9.45% | +11.66% | +11.89% | +8.94% |
| Net income · YoY | — | -13.49% | +36.87% | -7.48% | +26.27% | +7.83% | +9.48% | +9.21% | +11.26% | +8.94% |
| Operating | ||||||||||
| EBIT · YoY | — | -11.84% | +23.26% | -1.18% | +28.95% | +8.94% | +7.04% | +7.92% | +10.12% | +8.49% |
| R&D · YoY | — | — | — | — | — | — | — | — | — | — |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | -13.18% | +37.50% | -3.25% | +30.20% | +18.15% | +12.60% | +13.41% | +15.11% | +12.75% |
| EPS · basic · YoY | — | -13.08% | +38.05% | -3.85% | +30.00% | +19.67% | +10.45% | +14.27% | +15.52% | +12.78% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $0 | $0 | $0 | $373.95M | $0 | $154.68M | $174.37M | $184.05M | $204.53M |
| Net debt | -$1.33B | -$1.31B | -$2.3B | -$1.16B | -$2.09B | -$2.32B | -$2.57B | -$2.73B | -$3.11B |
| Net debt / EBITDA | -0.72 | -0.79 | -1.14 | -0.58 | -0.80 | -0.87 | -0.88 | -0.83 | -0.85 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 |
| Debt / assets | 0.00% | 0.00% | 0.00% | +4.84% | 0.00% | +1.34% | +1.38% | +1.34% | +1.37% |
| Equity / assets | +84.14% | +84.71% | +84.95% | +77.18% | +82.63% | +83.26% | +81.73% | +81.87% | +84.03% |
| Coverage | |||||||||
| EBITDA / interest expense | — | — | — | 72.07 | 394.48 | 181.42 | 187.41 | 187.66 | 187.06 |
| Operating income / interest | — | — | — | 69.19 | 366.57 | 177.56 | 187.26 | 181.10 | 172.10 |
| Interest expense | $0 | $0 | $0 | $27.9M | $6.6M | $14.77M | $15.65M | $17.45M | $19.59M |
| Liquidity | |||||||||
| Current ratio | 4.85 | 4.76 | 4.81 | 3.32 | 3.70 | — | — | — | — |
| Quick ratio | 4.12 | 3.68 | 3.83 | 2.51 | 3.03 | — | — | — | — |
| Cash ratio | 1.37 | 1.30 | 1.98 | 1.40 | 1.44 | — | — | — | — |
| Working capital | $3.72B | $3.76B | $4.43B | $2.54B | $3.91B | — | — | — | — |
| Working capital / revenue | +67.08% | +59.62% | +62.01% | +33.95% | +47.18% | — | — | — | — |
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
Valuation
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| P / E | — | — |
| P / B | — | — |
| EV / EBITDA | — | — |
| EV / Sales | 8.77x | 6.89x |
| Earnings yield | 2.5% | 2.9% |
| FCF yield | 2.6% | 3.1% |
Returns
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | — | — |
| ROE | 23.1% | 25.3% |
| ROA | 19.1% | 19.5% |
| ROIC | 21.7% | 22.1% |
Leverage & liquidity
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Debt / equity | — | — |
| Net debt / EBITDA | -0.80 | -0.58 |
| Interest coverage | — | — |
| Current ratio | 3.70x | 3.32x |
| Quick ratio | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).