Monster Beverage (MNST) Tax Rate (2009 - 2026)
Monster Beverage's (MNST) quarterly Tax Rate came in at 23.91% in Q2 2026, down 50.0% year-over-year from 47.83% in Q2 2025, and down 0.69% quarter-over-quarter from 24.08% in Q1 2026.
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Analysis
Monster Beverage (MNST) Tax Rate (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Tax Rate for 18 consecutive years, with 23.91% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 50.0% year-over-year to 23.91% in Q2 2026; TTM through Jun 2026 was 23.36%, a 117.0% decrease from a year earlier, with the FY2025 full-year figure at 23.25%, down 90.0% from the prior year.
- Tax Rate was 23.91% for Q2 2026 at Monster Beverage, down from 24.08% in the prior quarter.
- Over five years, Tax Rate peaked at 29.88% in Q4 2024 and troughed at 18.46% in Q4 2023.
- A 5-year average of 23.31% and a median of 23.35% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 1142 bps in 2024 and slumped 892 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 23.34% in 2022, then dropped by 21 bps to 18.46% in 2023, then soared by 62 bps to 29.88% in 2024, then fell by 30 bps to 20.96% in 2025, then increased by 14 bps to 23.91% in 2026.
- The last three Tax Rate figures came in at 23.91% (Q2 2026), 24.08% (Q1 2026), and 20.96% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 18.94% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 29.65% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 22.01% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 23.91% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | -19.92% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 31.15% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | -32.50% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 11.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.91% |
| Mar 31, 2026 | 24.08% |
| Dec 31, 2025 | 20.96% |
| Sep 30, 2025 | 23.94% |
| Jun 30, 2025 | 24.42% |
| Mar 31, 2025 | 23.36% |
| Dec 31, 2024 | 29.88% |
| Sep 30, 2024 | 21.76% |
| Jun 30, 2024 | 22.88% |
| Mar 31, 2024 | 23.49% |
| Dec 31, 2023 | 18.46% |
| Sep 30, 2023 | 22.20% |
| Jun 30, 2023 | 23.21% |
| Mar 31, 2023 | 20.12% |
| Dec 31, 2022 | 23.34% |
| Sep 30, 2022 | 23.26% |
| Jun 30, 2022 | 25.35% |
| Mar 31, 2022 | 24.98% |
| Dec 31, 2021 | 23.32% |
| Sep 30, 2021 | 23.74% |
API Access
Monster Beverage Tax Rate 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=tax-rate&ticker=MNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();