Monster Beverage (MNST) Free Cash Flow (2009 - 2026)
Monster Beverage (MNST) reported Free Cash Flow of $460.79 million for Q2 2026, up 6.0% from $434.61 million a year earlier but down 21.1% from the prior quarter.
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Analysis
Monster Beverage (MNST) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Monster Beverage's Free Cash Flow came in at $2.1 billion, up 13.1% year-over-year; for FY2025, it was $1.97 billion, up 18.1% from FY2024.
- Free Cash Flow has increased for three consecutive years, with a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $1.66 billion in FY2024 (+11.2%), $1.5 billion in FY2023 (+114.1%), $698.97 million in FY2022 (-37.1%) and $1.11 billion in FY2021 (-15.5%).
- Five-year quarterly Free Cash Flow spans a low of -$21.86 million in Q1 2022 and a high of $701.51 million in Q3 2025.
- Year over year, Free Cash Flow gained in seven of the last eight quarters, with growth averaging 16.3%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2023 (growth of 458.3%); the low point was Q2 2022 (a decline of 86.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $584.38 million (Q1 2026), $351.24 million (Q4 2025) and $701.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.83 Bn | 382.30 Bn | 8.42 Bn | 5.10 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.51 Bn | 193.51 Bn | 2.06 Bn | -231.82 Mn |
| 3 | Pepsico | 175.42 Bn | 133.18 Bn | 13.75 Bn | 4.67 Bn |
| 4 | Monster Beverage | 88.66 Bn | 76.91 Bn | 1.42 Bn | 460.79 Mn |
| 5 | Diageo | 52.30 Bn | 32.37 Bn | - | - |
| 6 | Ambev | 50.76 Bn | 36.05 Bn | 2.06 Bn | 1.10 Bn |
| 7 | Coca-Cola Europacific Partners | 50.09 Bn | 42.76 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.34 Bn | 42.38 Bn | 3.07 Bn | 714.00 Mn |
| 9 | Constellation Brands | 22.12 Bn | 21.67 Bn | 1.39 Bn | 639.90 Mn |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 131.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 460.79 Mn |
| Mar 31, 2026 | 584.38 Mn |
| Dec 31, 2025 | 351.24 Mn |
| Sep 30, 2025 | 701.51 Mn |
| Jun 30, 2025 | 434.61 Mn |
| Mar 31, 2025 | 478.54 Mn |
| Dec 31, 2024 | 370.42 Mn |
| Sep 30, 2024 | 571.42 Mn |
| Jun 30, 2024 | 376.52 Mn |
| Mar 31, 2024 | 346.10 Mn |
| Dec 31, 2023 | 323.12 Mn |
| Sep 30, 2023 | 492.47 Mn |
| Jun 30, 2023 | 296.36 Mn |
| Mar 31, 2023 | 384.38 Mn |
| Dec 31, 2022 | 245.95 Mn |
| Sep 30, 2022 | 421.81 Mn |
| Jun 30, 2022 | 53.08 Mn |
| Mar 31, 2022 | -21.86 Mn |
| Dec 31, 2021 | 212.02 Mn |
| Sep 30, 2021 | 328.79 Mn |
API Access
Monster Beverage Free Cash Flow 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=free-cash-flow&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();