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Monster Beverage (MNST)

(Delayed Data from NSDQ)

$54.73 USD

54.73
11,701,000

+0.29 (0.53%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $52.50 -2.23 (-4.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 26% (65 out of 251)

Industry: Beverages - Soft drinks

Balance Sheet

Research for MNST

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Monster Beverage Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,253 2,669 3,076 2,062 1,331
Receivables 1,194 1,016 897 666 540
Notes Receivable 0 0 0 0 0
Inventories 971 936 593 333 361
Other Current Assets 170 144 116 80 84
Total Current Assets 5,589 4,765 4,682 3,141 2,316
Net Property & Equipment 891 517 314 315 299
Investments & Advances 76 61 99 44 13
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 175 177 225 242 85
Intangibles 2,845 2,638 2,404 2,391 2,384
Deposits & Other Assets 110 134 80 70 54
Total Assets 9,687 8,293 7,805 6,203 5,150
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 564 444 404 297 274
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 540 501 488 384 328
Income Taxes Payable 15 13 30 23 15
Other Current Liabilities 42 43 43 45 44
Total Current Liabilities 1,162 1,002 965 750 661
Mortgages 0 0 0 0 0
Deferred Taxes/Income 204 224 243 264 287
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 92 42 30 27 31
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,458 1,268 1,238 1,042 979
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 6 3 3 3 3
Capital Surplus 4,975 4,780 4,653 4,538 4,398
Retained Earnings 5,940 9,001 7,810 6,432 5,022
Other Equity -125 -159 -69 3 -32
Treasury Stock 2,566 6,600 5,829 5,815 5,220
Total Shareholder's Equity 8,229 7,025 6,567 5,161 4,171
Total Liabilities & Shareholder's Equity 9,687 8,293 7,805 6,203 5,150
Total Common Equity 8,229 7,025 6,567 5,161 4,171
Shares Outstanding 1,040.40 1,043.40 1,058.20 1,055.80 1,075.30
Book Value Per Share 7.91 6.73 6.21 4.89 3.88

Fiscal Year End for Monster Beverage Corporation falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents -99,999 1,565 3,561 3,253 3,011
Receivables NA 1,362 1,370 1,194 1,231
Notes Receivable NA 0 0 0 0
Inventories NA 834 940 971 884
Other Current Assets NA 193 165 170 186
Total Current Assets NA 3,954 6,036 5,589 5,312
Net Property & Equipment NA 961 923 891 731
Investments & Advances NA 0 8 76 53
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 187 175 175 177
Intangibles NA 2,851 2,849 2,845 2,877
Deposits & Other Assets NA 107 107 110 165
Total Assets NA 8,061 10,098 9,687 9,314
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 511 534 564 540
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 594 576 540 581
Income Taxes Payable NA 11 75 15 18
Other Current Liabilities NA 44 44 42 40
Total Current Liabilities NA 1,161 1,229 1,162 1,179
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 221 199 204 209
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 749 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 93 92 53
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,195 1,520 1,458 1,441
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 6 6 6 6
Capital Surplus NA 5,068 5,035 4,975 4,893
Retained Earnings NA 6,807 6,382 5,940 5,573
Other Equity NA -182 -158 -125 -198
Treasury Stock NA 5,832 2,687 2,566 2,400
Total Shareholder's Equity NA 5,866 8,578 8,229 7,873
Total Liabilities & Shareholder's Equity NA 8,061 10,098 9,687 9,314
Total Common Equity 0 5,866 8,578 8,229 7,873
Shares Outstanding 979.50 1,041.70 1,041.70 1,040.40 1,047.50
Book Value Per Share 0.00 5.63 8.23 7.91 7.52