Growth Metrics

Monster Beverage (MNST) Operating Margin (2016 - 2025)

Monster Beverage (MNST) has disclosed Operating Margin for 17 consecutive years, with 25.46% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 442.0% to 25.46% in Q4 2025 year-over-year; TTM through Dec 2025 was 29.17%, a 341.0% increase, with the full-year FY2025 number at 29.17%, up 341.0% from a year prior.
  • Operating Margin was 25.46% for Q4 2025 at Monster Beverage, down from 30.74% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 35.98% in Q2 2021 to a low of 70.61% in Q4 2021.
  • A 5-year average of 18.85% and a median of 27.62% in 2023 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: tumbled -1345bps in 2022, then skyrocketed 8194bps in 2023.
  • Monster Beverage's Operating Margin stood at 70.61% in 2021, then increased by 19bps to 56.86% in 2022, then soared by 144bps to 25.08% in 2023, then decreased by -16bps to 21.04% in 2024, then grew by 21bps to 25.46% in 2025.
  • Per Business Quant, the three most recent readings for MNST's Operating Margin are 25.46% (Q4 2025), 30.74% (Q3 2025), and 29.91% (Q2 2025).