Monster Beverage (MNST) Net Margin (2009 - 2026)
Monster Beverage (MNST) posted quarterly Net Margin of 24.2% for Q1 2026, up 31.0% year-over-year from 18.47% in Q1 2025, and up 14.81% quarter-over-quarter from 21.08% in Q4 2025.
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Analysis
Monster Beverage (MNST) Net Margin (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Net Margin for 18 consecutive years, with 24.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 31.0% year-over-year to 24.2%; the TTM figure through Mar 2026 stood at 23.11% (up 283.0% YoY), while the FY2025 annual figure was 22.97%, up 283.0% from the prior year.
- Net Margin advanced to 24.2% in Q1 2026 per MNST's latest filing, from 21.08% in the prior quarter.
- Across five years, Net Margin topped out at 24.39% in Q3 2023 and bottomed at 14.94% in Q4 2024.
- Historically, Net Margin has averaged 21.38% across 5 years, with a median of 22.31% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin sank 1110 bps — and 2025, when it jumped 614 bps.
- Monster Beverage's Net Margin stood at 19.94% in 2022, then increased by 6 bps to 21.21% in 2023, then decreased by 30 bps to 14.94% in 2024, then jumped by 41 bps to 21.08% in 2025, then advanced by 15 bps to 24.2% in 2026.
- Business Quant data shows MNST's Net Margin at 24.2% in Q1 2026, 21.08% in Q4 2025, and 23.87% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 382.60 Bn | 368.45 Bn | 8.42 Bn | 33.17% |
| 2 | Pepsico | 191.23 Bn | 180.52 Bn | 13.11 Bn | 12.42% |
| 3 | Coca Cola Femsa Sab De Cv | 189.99 Bn | 189.99 Bn | 2.06 Bn | 8.14% |
| 4 | Monster Beverage | 86.83 Bn | 83.41 Bn | 1.42 Bn | 23.04% |
| 5 | Coca-Cola Europacific Partners | 49.75 Bn | 48.58 Bn | - | - |
| 6 | Keurig Dr Pepper | 44.82 Bn | 43.31 Bn | 3.07 Bn | 2.87% |
| 7 | Andina Bottling | 23.19 Bn | 22.72 Bn | 698.26 Mn | 0.00% |
| 8 | Coca-Cola Consolidated | 13.13 Bn | 12.96 Bn | 778.41 Mn | 7.74% |
| 9 | Celsius Holdings | 8.03 Bn | 7.40 Bn | 393.69 Mn | 4.45% |
| 10 | Primo Brands | 7.92 Bn | 7.55 Bn | 548.70 Mn | 3.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.04% |
| Mar 31, 2026 | 24.20% |
| Dec 31, 2025 | 21.08% |
| Sep 30, 2025 | 23.87% |
| Jun 30, 2025 | 23.15% |
| Mar 31, 2025 | 23.89% |
| Dec 31, 2024 | 14.94% |
| Sep 30, 2024 | 19.72% |
| Jun 30, 2024 | 22.38% |
| Mar 31, 2024 | 23.28% |
| Dec 31, 2023 | 21.21% |
| Sep 30, 2023 | 24.39% |
| Jun 30, 2023 | 22.31% |
| Mar 31, 2023 | 23.39% |
| Dec 31, 2022 | 19.94% |
| Sep 30, 2022 | 19.85% |
| Jun 30, 2022 | 16.51% |
| Mar 31, 2022 | 19.37% |
| Dec 31, 2021 | 22.55% |
| Sep 30, 2021 | 23.91% |