Monster Beverage (MNST) Return on Capital Employed (2010 - 2026)
Monster Beverage (MNST) posted quarterly Return on Capital Employed of 29.99% for Q1 2026, up 97.0% year-over-year from 15.22% in Q1 2025, and up 3.54% quarter-over-quarter from 28.97% in Q4 2025.
Monster Beverage (MNST) Return on Capital Employed (2010 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Return on Capital Employed for 17 consecutive years, with 29.99% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed rose 97.0% year-over-year to 29.99%; the TTM figure through Mar 2026 stood at 29.99% (up 97.0% YoY), while the FY2025 annual figure was 32.67%, up 729.0% from the prior year.
- Return on Capital Employed improved to 29.99% in Q1 2026 per MNST's latest filing, from 28.97% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 29.99% in Q1 2026 and bottomed at 21.87% in Q4 2022.
- Historically, Return on Capital Employed has averaged 26.22% across 5 years, with a median of 26.93% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 511 bps — and 2025, when it jumped 581 bps.
- Monster Beverage's Return on Capital Employed stood at 21.87% in 2022, then gained by 7 bps to 23.43% in 2023, then gained by 21 bps to 28.43% in 2024, then grew by 2 bps to 28.97% in 2025, then gained by 4 bps to 29.99% in 2026.
- Business Quant data shows MNST's Return on Capital Employed at 29.99% in Q1 2026, 28.97% in Q4 2025, and 29.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,821.04 Bn | 1,821.04 Bn | 2.06 Bn | - |
| 2 | Coca Cola | 373.41 Bn | 359.26 Bn | 8.42 Bn | 18.37% |
| 3 | Pepsico | 188.15 Bn | 177.44 Bn | 13.11 Bn | 18.82% |
| 4 | Coca-Cola Europacific Partners | 48.25 Bn | 47.08 Bn | - | - |
| 5 | Monster Beverage | 44.93 Bn | 41.51 Bn | 1.42 Bn | 28.61% |
| 6 | Keurig Dr Pepper | 39.53 Bn | 38.63 Bn | 2.10 Bn | 6.50% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 115,361.52% |
| 8 | Coca-Cola Consolidated | 10.28 Bn | 10.11 Bn | 778.41 Mn | 31.65% |
| 9 | Primo Brands | 8.56 Bn | 8.19 Bn | 548.70 Mn | 5.21% |
| 10 | Celsius Holdings | 6.97 Bn | 6.34 Bn | 393.69 Mn | 3.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.61% |
| Mar 31, 2026 | 29.99% |
| Dec 31, 2025 | 28.97% |
| Sep 30, 2025 | 29.79% |
| Jun 30, 2025 | 28.57% |
| Mar 31, 2025 | 29.02% |
| Dec 31, 2024 | 28.43% |
| Sep 30, 2024 | 29.11% |
| Jun 30, 2024 | 25.43% |
| Mar 31, 2024 | 23.20% |
| Dec 31, 2023 | 23.43% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 23.08% |
| Mar 31, 2023 | 22.63% |
| Dec 31, 2022 | 21.87% |
| Dec 31, 2021 | 26.98% |
| Sep 30, 2021 | 28.24% |
| Jun 30, 2021 | 30.45% |
| Mar 31, 2021 | 30.15% |
| Dec 31, 2020 | 31.41% |