Monster Beverage (MNST) Return on Capital Employed (2010 - 2026)
Monster Beverage (MNST) reported Return on Capital Employed of 7.92% for Q1 2026, up 132.0% year-over-year from 3.42% in Q1 2025, and up 26.95% on a QoQ basis from 6.24% in Q4 2025.
Monster Beverage (MNST) has 17 years of Return on Capital Employed data on file, last reported at 7.92% in Q1 2026.
- Quarterly Return on Capital Employed rose 132.0% year-over-year to 7.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.92% (up 132.0% YoY) and the FY2025 annual result came in at 7.04%, up 155.0% from the prior year.
- Return on Capital Employed rose to 7.92% in Q1 2026 per MNST's latest filing, from 6.24% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 23.6% in Q3 2023 and bottomed at 5.21% in Q4 2023.
- The 5-year median for Return on Capital Employed is 7.22% (2024), against an average of 11.39%.
- The widest annual swing landed in 2022, when Return on Capital Employed soared 1619 bps; it then slumped 1696 bps in 2024.
- Tracing MNST's Return on Capital Employed over 5 years: stood at 21.87% in 2022, then sank by 76 bps to 5.21% in 2023, then gained by 18 bps to 6.15% in 2024, then increased by 1 bps to 6.24% in 2025, then gained by 27 bps to 7.92% in 2026.
- Per Business Quant, the three latest MNST Return on Capital Employed figures stand at 7.92% (Q1 2026), 6.24% (Q4 2025), and 9.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 17.61% |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 16.27% |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 7.92% |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 6.50% |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | - |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 31.87% |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 4.48% |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 5.58% |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 27.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.92% |
| Dec 31, 2025 | 6.24% |
| Sep 30, 2025 | 9.83% |
| Jun 30, 2025 | 7.62% |
| Mar 31, 2025 | 6.60% |
| Dec 31, 2024 | 6.15% |
| Sep 30, 2024 | 6.81% |
| Jun 30, 2024 | 6.25% |
| Mar 31, 2024 | 5.67% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 23.08% |
| Mar 31, 2023 | 22.63% |
| Dec 31, 2022 | 21.87% |
| Dec 31, 2021 | 5.68% |
| Sep 30, 2021 | 28.24% |
| Jun 30, 2021 | 30.45% |
| Mar 31, 2021 | 30.15% |
| Dec 31, 2020 | 31.41% |
| Mar 31, 2020 | 33.76% |
| Dec 31, 2019 | 31.30% |
| Sep 30, 2019 | 8.65% |
| Jun 30, 2019 | 7.79% |
| Mar 31, 2019 | 7.65% |
| Dec 31, 2018 | 6.63% |
| Sep 30, 2018 | 11.51% |
| Jun 30, 2018 | 11.02% |
| Mar 31, 2018 | 10.31% |
| Dec 31, 2017 | 10.04% |
| Sep 30, 2017 | 28.87% |
| Jun 30, 2017 | 29.23% |
| Mar 31, 2017 | 28.95% |
| Dec 31, 2016 | 29.14% |
| Sep 30, 2016 | 28.98% |
| Jun 30, 2016 | 23.82% |
| Mar 31, 2016 | 21.99% |
| Dec 31, 2015 | 17.26% |
| Sep 30, 2015 | 7.16% |
| Jun 30, 2015 | 7.84% |
| Mar 31, 2015 | 8.19% |
| Dec 31, 2014 | 16.89% |
| Sep 30, 2014 | 47.69% |
| Jun 30, 2014 | 50.99% |
| Mar 31, 2014 | 54.54% |
| Dec 31, 2013 | 49.81% |
| Sep 30, 2013 | 56.53% |
| Jun 30, 2013 | 61.06% |
| Mar 31, 2013 | 69.44% |
| Dec 31, 2012 | 61.69% |
| Sep 30, 2012 | 21.32% |
| Jun 30, 2012 | 19.02% |
| Mar 31, 2012 | 17.54% |
| Dec 31, 2011 | 15.62% |
| Sep 30, 2011 | 40.83% |
| Jun 30, 2011 | 39.99% |
| Mar 31, 2011 | 39.17% |
| Dec 31, 2010 | 38.94% |
| Sep 30, 2010 | 15.66% |