Monster Beverage (MNST) EV to FCF (2010 - 2026)
Monster Beverage's EV to FCF was 43.25 in Q2 2026, up 35.8% from 31.85 a year earlier and up 32.0% from the prior quarter.
Monster Beverage (MNST) EV to FCF (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Monster Beverage's EV to FCF was 39.28 through Jun 30, 2026, up 34.9% year-over-year; for FY2025, it was 36.73, up 23.2% from FY2024.
- In earlier years, EV to FCF was 29.81 in FY2024 (-21.4%), 37.93 in FY2023 (-47.3%), 72.04 in FY2022 (+67.7%) and 42.95 in FY2021 (+20.8%).
- The Q2 2026 figure marks the highest quarterly EV to FCF since Q1 2023.
- Compared with a year earlier, EV to FCF has increased for five straight quarters, with growth averaging 1.5% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q2 2022 (growth of 175.2%); the worst was Q2 2023 (a decline of 50.6%).
- Per Business Quant data, MNST's EV to FCF in the three quarters before Q2 2026 was 32.76 (Q1 2026), 36.73 (Q4 2025) and 31.82 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.25 |
| Mar 31, 2026 | 32.76 |
| Dec 31, 2025 | 36.73 |
| Sep 30, 2025 | 31.82 |
| Jun 30, 2025 | 31.85 |
| Mar 31, 2025 | 30.70 |
| Dec 31, 2024 | 29.81 |
| Sep 30, 2024 | 30.36 |
| Jun 30, 2024 | 30.92 |
| Mar 31, 2024 | 39.91 |
| Dec 31, 2023 | 37.93 |
| Sep 30, 2023 | 36.71 |
| Jun 30, 2023 | 42.18 |
| Mar 31, 2023 | 48.37 |
| Dec 31, 2022 | 72.04 |
| Sep 30, 2022 | 64.53 |
| Jun 30, 2022 | 85.37 |
| Mar 31, 2022 | 45.87 |
| Dec 31, 2021 | 42.95 |
| Sep 30, 2021 | 33.69 |
Monster Beverage EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MNST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "MNST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();