Growth Metrics

Monster Beverage (MNST) Tax Rate (2016 - 2025)

Monster Beverage (MNST) has disclosed Tax Rate for 17 consecutive years, with 21.95% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate changed N/A to 21.95% in Q4 2025 year-over-year; TTM through Dec 2025 was 20.93%, a N/A change, with the full-year FY2025 number at 23.25%, changed N/A from a year prior.
  • Tax Rate was 21.95% for Q4 2025 at Monster Beverage, down from 25.0% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.31% in Q3 2023 to a low of 10.68% in Q4 2022.
  • A 5-year average of 20.42% and a median of 23.49% in 2024 define the central range for Tax Rate.
  • Biggest YoY gain for Tax Rate was 2270bps in 2023; the steepest drop was -486bps in 2023.
  • Monster Beverage's Tax Rate stood at 23.74% in 2021, then tumbled by -145bps to 10.68% in 2022, then soared by 213bps to 12.02% in 2023, then surged by 81bps to 21.76% in 2024, then increased by 1bps to 21.95% in 2025.
  • Per Business Quant, the three most recent readings for MNST's Tax Rate are 21.95% (Q4 2025), 25.0% (Q2 2025), and 21.76% (Q3 2024).