Monster Beverage (MNST) Net Margin (2009 - 2026)
Monster Beverage's Net Margin came in at 23.04% for Q2 2026, down 0.11 percentage points from 23.15% a year earlier and down 1.16 percentage points from the prior quarter.
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Analysis
Monster Beverage (MNST) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Monster Beverage reported Net Margin of 23.08%, up 2.54 percentage points year-over-year; for FY2025, it came in at 22.97%, up 2.83 percentage points from FY2024.
- Net Margin carries a five-year change of -7.68 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 20.14% in FY2024 (-2.70 pp), 22.84% in FY2023 (+3.96 pp), 18.88% in FY2022 (-5.98 pp) and 24.86% in FY2021 (-5.79 pp).
- The five-year range for quarterly Net Margin is 14.94% (Q4 2024) to 24.39% (Q3 2023).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.12 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2025 (a gain of 6.14 percentage points), and the weakest in Q4 2021 (a drop of 16.89 percentage points).
- Business Quant data shows MNST's Net Margin at 24.20% (Q1 2026), 21.08% (Q4 2025) and 23.87% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 33.07% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 8.14% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 23.04% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 17.25% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 1.94% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 20.09% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 7.74% |
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% |
API Access
Monster Beverage Net 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=net-margin&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();