Monster Beverage (MNST) Tax Rate (2009 - 2026)
Monster Beverage (MNST) posted quarterly Tax Rate of 24.08% for Q1 2026, up 72.0% year-over-year from 14.0% in Q1 2025, and up 120.01% quarter-over-quarter from 120.34% in Q4 2025.
Monster Beverage (MNST) Tax Rate (2009 - 2026) Analysis & Trends
Monster Beverage (MNST) has reported Tax Rate for 18 consecutive years, with 24.08% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 72.0% year-over-year to 24.08%; the TTM figure through Mar 2026 stood at 1.45% (down 2927.0% YoY), while the FY2025 annual figure was 0.43%, down 3120.0% from the prior year.
- Tax Rate rose to 24.08% in Q1 2026 per MNST's latest filing, from 120.34% in the prior quarter.
- Across five years, Tax Rate topped out at 25.35% in Q2 2022 and bottomed at 173.65% in Q4 2024.
- Historically, Tax Rate has averaged 2.2% across 5 years, with a median of 23.21% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 8943 bps — and 2024, when it sank 19142 bps.
- Monster Beverage's Tax Rate stood at 10.58% in 2022, then soared by 68 bps to 17.77% in 2023, then plunged by 1077 bps to 173.65% in 2024, then soared by 31 bps to 120.34% in 2025, then surged by 120 bps to 24.08% in 2026.
- Business Quant data shows MNST's Tax Rate at 24.08% in Q1 2026, 120.34% in Q4 2025, and 23.94% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 374.58 Bn | 362.59 Bn | 8.42 Bn | 18.94% |
| 2 | Pepsico | 189.90 Bn | 179.36 Bn | 13.11 Bn | 22.01% |
| 3 | Coca Cola Femsa Sab De Cv | 189.59 Bn | 189.59 Bn | 2.06 Bn | 29.65% |
| 4 | Monster Beverage | 102.51 Bn | 99.53 Bn | 1.42 Bn | 23.91% |
| 5 | Coca-Cola Europacific Partners | 49.38 Bn | 48.76 Bn | - | - |
| 6 | Keurig Dr Pepper | 40.83 Bn | 43.85 Bn | 2.10 Bn | 24.37% |
| 7 | Andina Bottling | 22.72 Bn | 63.23 Bn | 319.18 Bn | -41.70% |
| 8 | Coca-Cola Consolidated | 10.91 Bn | 10.67 Bn | 778.41 Mn | 26.17% |
| 9 | Primo Brands | 8.54 Bn | 8.17 Bn | 548.70 Mn | 28.73% |
| 10 | Celsius Holdings | 7.18 Bn | 6.63 Bn | 393.69 Mn | 20.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.91% |
| Jun 30, 2026 | 23.91% |
| Jun 30, 2026 | 23.91% |
| Mar 31, 2026 | 24.08% |
| Mar 31, 2026 | 24.08% |
| Mar 31, 2026 | 24.08% |
| Dec 31, 2025 | -120.34% |
| Dec 31, 2025 | -120.34% |
| Dec 31, 2025 | -120.34% |
| Sep 30, 2025 | 23.94% |
| Sep 30, 2025 | 23.94% |
| Sep 30, 2025 | 23.94% |
| Jun 30, 2025 | 24.42% |
| Jun 30, 2025 | 24.42% |
| Jun 30, 2025 | 24.42% |
| Mar 31, 2025 | 23.36% |
| Mar 31, 2025 | 23.36% |
| Mar 31, 2025 | 23.36% |
| Dec 31, 2024 | -173.65% |
| Dec 31, 2024 | -173.65% |