Monster Beverage (MNST) FCF Margin (2009 - 2026)
Monster Beverage (MNST) reported FCF Margin of 18.16% for Q2 2026, down 2.42 percentage points from 20.58% a year earlier and down 6.67 percentage points from the prior quarter.
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Analysis
Monster Beverage (MNST) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Monster Beverage's FCF Margin came in at 22.76%, down 1.46 percentage points year-over-year; for FY2025, it came in at 23.70%, up 1.49 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, though with a five-year change of -4.90 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 22.21% in FY2024 (+1.26 pp), 20.96% in FY2023 (+9.88 pp), 11.08% in FY2022 (-8.99 pp) and 20.07% in FY2021 (-8.54 pp).
- Five-year quarterly FCF Margin spans a low of -1.44% in Q1 2022 and a high of 31.93% in Q3 2025.
- Year over year, FCF Margin has now declined in each of the last three quarters, with an average year-over-year change of +1.02 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q1 2023 (a gain of 24.06 percentage points); the low point was Q2 2022 (a drop of 24.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.83% (Q1 2026), 16.48% (Q4 2025) and 31.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 38.15% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | -5.29% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 18.47% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 18.16% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 27.75% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 9.77% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 22.72% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 6.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.16% |
| Mar 31, 2026 | 24.83% |
| Dec 31, 2025 | 16.48% |
| Sep 30, 2025 | 31.93% |
| Jun 30, 2025 | 20.58% |
| Mar 31, 2025 | 25.80% |
| Dec 31, 2024 | 20.44% |
| Sep 30, 2024 | 30.38% |
| Jun 30, 2024 | 19.81% |
| Mar 31, 2024 | 18.22% |
| Dec 31, 2023 | 18.68% |
| Sep 30, 2023 | 26.53% |
| Jun 30, 2023 | 15.98% |
| Mar 31, 2023 | 22.62% |
| Dec 31, 2022 | 16.26% |
| Sep 30, 2022 | 25.97% |
| Jun 30, 2022 | 3.21% |
| Mar 31, 2022 | -1.44% |
| Dec 31, 2021 | 14.88% |
| Sep 30, 2021 | 23.31% |
API Access
Monster Beverage FCF Margin 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=fcf-margin&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();