
Monster Beverage Corporation
MNSTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
7,493
Cost of Revenue
3,444
Gross Profit
4,049
Gross Margin
54.0%
Operating Income
1,930
Operating Margin
25.8%
Net Income
1,509
Net Margin
20.1%
EPS (Basic)
$1.50
EPS (Diluted)
$1.49
EBITDA
2,011
EBITDA Margin
26.8%
2023
12/31/2023
Revenue
7,140
Cost of Revenue
3,346
Gross Profit
3,794
Gross Margin
53.1%
Operating Income
1,953
Operating Margin
27.4%
Net Income
1,631
Net Margin
22.8%
EPS (Basic)
$1.56
EPS (Diluted)
$1.54
EBITDA
2,022
EBITDA Margin
28.3%
2022
12/31/2022
Revenue
6,311
Cost of Revenue
3,136
Gross Profit
3,175
Gross Margin
50.3%
Operating Income
1,585
Operating Margin
25.1%
Net Income
1,192
Net Margin
18.9%
EPS (Basic)
$1.13
EPS (Diluted)
$1.12
EBITDA
1,646
EBITDA Margin
26.1%
2021
12/31/2021
Revenue
5,541
Cost of Revenue
2,433
Gross Profit
3,109
Gross Margin
56.1%
Operating Income
1,797
Operating Margin
32.4%
Net Income
1,377
Net Margin
24.9%
EPS (Basic)
$1.30
EPS (Diluted)
$1.29
EBITDA
1,848
EBITDA Margin
33.3%
2020
12/31/2020
Revenue
4,599
Cost of Revenue
1,875
Gross Profit
2,724
Gross Margin
59.2%
Operating Income
1,633
Operating Margin
35.5%
Net Income
1,410
Net Margin
30.7%
EPS (Basic)
$1.33
EPS (Diluted)
$1.32
EBITDA
1,690
EBITDA Margin
36.8%