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Monster Beverage Corporation
NASDAQ: MNST Consumer Staples FMCG 🔎 Screen
S&P 500 Nasdaq 100
🏹 Trader: 🎯 Near 52W High View all →
$84.1B
Market Cap
39.5
P/E
2.09
PEG
37.7%
ROCE
26.8%
ROE
0.01
D/E
30.7%
OPM
-13.1%
% from 52W High
67
α RS
🔍 MNST is showing a high-conviction setup because it matches 21 of 39 tracked screener presets, RS Rating is 67, and an ECS of 66.6 last quarter. Net: Broad signal stack, not a recommendation. ? Conviction RS Rating ECS
Sources
Conviction 21/39 · RS Rating 67 · ECS 66.6
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🌏 Global Investor Returns
Currency-adjusted total returns for MNST including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through four segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. In addition, the company provides its products under the Monster Energy, Monster Energy Ultra, Rehab Monster, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Monster Tour Water, Reign Total Body Fuel, Reign Storm, Bang Energy, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play, Relentless, BPM, BU, Samurai, Live+, Predator, and Fury brands. Further, it offers craft beers, flavored malt beverages,and hard seltzers under the Jai Alai IPA, Florida Man IPA, Dale’s Pale Ale, Wild Basin Hard Seltzers, Dallas Blonde, Deep Ellum IPA, Perrin Brewing Company Black Ale, Hop Rising Double IPA, Wasatch Apricot Hefeweizen, The Beast, and Beast Tea, Blind Lemon, and Blinder Lemon brands. The company engages in the concentrates and/or beverage bases to authorized bottling, and canning operations. It sells its products to full-service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience and gas chains, food service customers, value stores, e-commerce retailers, and the military. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

Key Ratios Snapshot
📈 Growth Pattern
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 1.04M $75.5M 0.12% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$2.54B
+20.2% YoY
Operating Income
$740.4M
+17.2% YoY
Operating Margin
29.1%
-0.8pp YoY
Net Income
$584.5M
+19.6% YoY
What Went Right
  • Record Q2 net sales of $2.54B, up 20.2% YoY, crossing $2.5B for the first time in a quarter.
  • International sales rose 34.6% to $1.16B, helped by 62.5% growth in China and 84% growth in India.
  • Market share gains: Monster U.S. value share +70bps; EMEA portfolio +220bps; Ultra family grew 19% in the U.S.
What to Watch
  • Aluminum cost inflation, driven by tariffs and higher Midwest premium, expected to increase modestly sequentially through at least end-2026.
  • Distribution expenses jumped to 4.7% of sales from 3.9% due to higher freight and fuel costs.
  • Alcohol brand segment sales fell 15.2% to $32.2M; Argentina dollar sales declined 25.6% and South Korea fell 3.6% due to bottler inventory swings.
Management Guidance
  • No formal Q3 revenue guidance provided; July 2026 net sales estimated +13.9% YoY on an FX-adjusted basis excluding alcohol.
  • No formal operating income/margin guidance given; management expects continued modest sequential increase in aluminum costs through at least end-2026.
  • Selective U.S. pricing actions to be implemented in Q4 2026; further EMEA price increases proposed in certain markets later this year.
  • Digital transformation / SAP S/4HANA go-live planned for January 1, 2028; investor meeting set for December 1, 2026.
Investor Lens
The thesis is stronger after this call. Monster delivered record revenue, broad-based double-digit international growth and share gains across key regions, while continuing to invest in innovation and marketing to drive household penetration. The main offsets are aluminum/freight cost inflation and operating expenses growing faster than sales, but management's pricing actions and strong demand momentum should support margins. Overall, Q2 reinforces Monster's category leadership and growth runway.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Record Q2 revenue $2.54B, +20.2%; EPS $0.59, +19%.
Revenue
Net sales rose 20.2% YoY to $2.54B from $2.11B, with international sales up 34.6% to $1.16B, representing 46% of total sales. Monster Energy Drinks segment grew 21.6% to $2.36B, while Strategic Brands grew 10.6% to $143.7M.
Profitability
Net income increased 19.6% to $584.5M, with diluted EPS of $0.59, up 19% YoY. Adjusted EPS was $0.60, up 15.2%, and operating income rose 17.2% to $740.4M.
Margins
Gross margin improved to 55.9% from 55.7%, helped by pricing and mix but partly offset by aluminum costs and freight-in. Operating margin was approximately 29.1%, down from 29.9%, reflecting higher distribution and selling expenses as a percentage of sales.
Balance Sheet
Cash and debt levels were not discussed. No shares were repurchased in Q2; approximately $900 million remained available under the buyback authorization as of August 5, 2026.
Key Risks
Management flagged continued tariff-driven aluminum cost pressure, higher freight/fuel costs, and ongoing geopolitical/commercial complexity. Regional risks included Argentina FX exposure, South Korea bottler inventory fluctuations, and the declining alcohol brand segment.
Outlook
No formal guidance was provided, but July sales are estimated up 13.9% YoY on an FX-adjusted basis excluding alcohol. Management expects modest aluminum cost increases through 2026 and is planning selective U.S. pricing in Q4 and additional EMEA price increases later this year.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-06
Record Q2 net sales of $2.54B, up 20.2% year-over-year, with double-digit growth in all regions and strong market share gains. Gross margin improved, and innovation plus marketing drove results, while inflation and tariffs remain monitored.
Q1 2026 Q1 2026 2026-05-07
Record Q1 net sales surpassed $2 billion, with double-digit growth in all regions and strong market share gains. Gross margin declined slightly due to geographic mix and higher costs, but operating income and EPS rose over 25%. Robust innovation and global expansion continue to drive performance.
Q4 2025 Q4 2025 2026-02-26
Record Q4 net sales surpassed $2 billion, with strong global share gains and margin expansion. Innovation, robust international growth, and disciplined pricing drove results, while modest cost pressures from aluminum and tariffs are expected in early 2026.
Q3 2025 Q3 2025 2025-11-06
Record Q3 2025 results featured double-digit sales and profit growth, with international sales reaching a record 43% of total net sales. Gross margin improved, driven by pricing and product mix, while innovation and marketing fueled global category outperformance.
Q2 2025 Q2 2025 2025-08-07
Record Q2 2025 net sales of $2.11B, up 11.1% year-over-year, with gross profit, operating income, and EPS growth outpacing sales. International sales rose to 41% of total, and strong innovation and supply chain optimization supported results.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

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Information Sources:
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