Monster Beverage (MNST) Shares Outstanding (2009 - 2026)
Monster Beverage's Shares Outstanding came in at 1.96 billion for Q2 2026, up 0.3% from 1.95 billion a year earlier and unchanged from the prior quarter.
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Analysis
Monster Beverage (MNST) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Monster Beverage's Shares Outstanding was 1.95 billion, down 2.9% from FY2024.
- Shares Outstanding has declined in each of the last nine years, with a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 2.01 billion in FY2024 (-3.9%), 2.09 billion in FY2023 (-0.8%), 2.11 billion in FY2022 (-0.4%) and 2.12 billion in FY2021 (-0.2%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding since Q4 2024.
- Year-over-year, Shares Outstanding increased in three of the last eight quarters, with an average decline of 3.0%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q1 2026 (growth of 0.5%), and the weakest in Q3 2024 (a decline of 6.8%).
- Business Quant data shows MNST's Shares Outstanding at 1.96 billion (Q1 2026), 1.95 billion (Q4 2025) and 1.95 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.83 Bn | 382.30 Bn | 8.42 Bn | 4.30 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.51 Bn | 193.51 Bn | 2.06 Bn | 1.68 Bn |
| 3 | Pepsico | 175.42 Bn | 133.18 Bn | 13.75 Bn | 1.36 Bn |
| 4 | Monster Beverage | 88.66 Bn | 76.91 Bn | 1.42 Bn | 1.96 Bn |
| 5 | Diageo | 52.30 Bn | 32.37 Bn | - | 556.00 Mn |
| 6 | Ambev | 50.76 Bn | 36.05 Bn | 2.06 Bn | 15.62 Bn |
| 7 | Coca-Cola Europacific Partners | 50.09 Bn | 42.76 Bn | - | 456.00 Mn |
| 8 | Keurig Dr Pepper | 46.34 Bn | 42.38 Bn | 3.07 Bn | 1.36 Bn |
| 9 | Constellation Brands | 22.12 Bn | 21.67 Bn | 1.39 Bn | 170.46 Mn |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 66.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Bn |
| Mar 31, 2026 | 1.96 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 1.95 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 2.06 Bn |
| Mar 31, 2024 | 2.08 Bn |
| Dec 31, 2023 | 2.09 Bn |
| Sep 30, 2023 | 2.09 Bn |
| Jun 30, 2023 | 2.09 Bn |
| Mar 31, 2023 | 2.09 Bn |
| Dec 31, 2022 | 2.11 Bn |
| Sep 30, 2022 | 2.11 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 2.12 Bn |
| Sep 30, 2021 | 2.12 Bn |
API Access
Monster Beverage Shares Outstanding 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=shares-outstanding&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();