Monster Beverage (MNST) Return on Invested Capital [ROIC] (2024 - 2025)
Monster Beverage's Return on Invested Capital [ROIC] came in at 22.70% for Q3 2025, down 0.89 percentage points from 23.59% a year earlier but up 0.32 percentage points from the prior quarter.
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Analysis
Monster Beverage (MNST) Return on Invested Capital [ROIC] (2024 - 2025) Analysis & Trends
For FY2024, Monster Beverage's Return on Invested Capital [ROIC] was 20.11%.
- The five-year range for quarterly Return on Invested Capital [ROIC] is 22.38% (Q2 2025) to 23.59% (Q3 2024).
- Business Quant data shows MNST's Return on Invested Capital [ROIC] at 22.38% (Q2 2025), 22.77% (Q1 2025) and 22.77% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 411.73 Bn | 398.05 Bn | 8.45 Bn | 15.56% |
| 2 | Diageo | 221.87 Bn | 201.94 Bn | - | - |
| 3 | Pepsico | 192.76 Bn | 150.52 Bn | 13.75 Bn | 16.05% |
| 4 | Coca Cola Femsa Sab De Cv | 192.22 Bn | 192.22 Bn | 2.15 Bn | - |
| 5 | Monster Beverage | 89.55 Bn | 77.80 Bn | 1.42 Bn | - |
| 6 | Coca-Cola Europacific Partners | 53.01 Bn | 45.68 Bn | - | - |
| 7 | Keurig Dr Pepper | 49.85 Bn | 45.89 Bn | 3.07 Bn | 4.33% |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | 24.68% |
| 9 | Constellation Brands | 24.18 Bn | 23.73 Bn | 1.39 Bn | 11.77% |
| 10 | Brown Forman | 14.04 Bn | 12.73 Bn | 549.00 Mn | 12.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 22.70% |
| Jun 30, 2025 | 22.38% |
| Mar 31, 2025 | 22.77% |
| Dec 31, 2024 | 22.77% |
| Sep 30, 2024 | 23.59% |
API Access
Monster Beverage Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();