Buyback yield (TTM)
0.31%
Shareholder yield (TTM)
0.31%
5Y share count change
-8.0%
Buyback spend (TTM)
$220.98M
Cumulative buybacks
$12.61B
Key takeaways
- Monster Beverage (MNST) repurchased about $220.98M of stock over the trailing twelve months.
- Diluted share count is down 8.0% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 1.66× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -29.5% per year over the latest 5-year window.
- TTM repurchases used about 11% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Monster Beverage (MNST)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Monster Beverage (MNST)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Monster Beverage (MNST)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Monster Beverage (MNST)
Latest: $103.65M
Overview
The 2025 reading of Monster Beverage (MNST) buyback spend is $103.65M – plunged 97.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Monster Beverage buyback spend compounded at -29.5% per year, with a net decline across the window.
Monster Beverage buyback spend peaked at $3.77B in 2024; the latest annual figure is $103.65M in 2025 (97.3% below peak).
The record annual buyback spend stands at $3.77B, reached in 2024; the historical low of $0.00 was recorded in 1990.
Monster Beverage Buyback Spend 2025: $103.65M
Monster Beverage posted buyback spend of $103.65M in 2025, plunged 97.3% below 2024.
Monster Beverage Buyback Spend 2024: $3.77B
In 2024, Monster Beverage reported buyback spend of $3.77B, surged 472.4% from 2023. This figure represents the highest annual value in the available history.
Monster Beverage Buyback Spend 2023: $658.95M
Monster Beverage buyback spend in 2023 was $658.95M, declined 14.5% below 2022.
Monster Beverage Buyback Spend 2022: $771.03M
2022's buyback spend for Monster Beverage came in at $771.03M, surged 5475.0% from 2021.
Monster Beverage Buyback Spend 2021: $13.83M
Monster Beverage buyback spend in 2021 was $13.83M.
See more financial history for Monster Beverage (MNST).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $103.65M | $125.69M | −$22.04M | 0.14% | 0.98B | -2.8% | |
| 2024 | $3.77B | $90.98M | $3.68B | 7.38% | 1.01B | -4.2% | |
| 2023 | $658.95M | $68.84M | $590.12M | 1.10% | 1.06B | -0.8% | |
| 2022 | $771.03M | $64.11M | $706.92M | 1.45% | 1.07B | -0.5% | |
| 2021 | $13.83M | $70.48M | −$56.65M | 0.03% | 1.07B | +0.2% | |
| 2020 | $595.92M | $70.29M | $525.63M | 1.22% | 1.07B | -2.2% | |
| 2019 | $707.30M | $63.36M | $643.94M | 2.07% | 1.09B | -3.1% | |
| 2018 | $1.34B | $57.11M | $1.28B | 4.95% | 1.13B | -2.2% | |
| 2017 | $361.18M | $52.28M | $308.90M | 1.01% | 1.15B | -3.8% | |
| 2016 | $2.25B | $45.85M | $2.21B | 8.93% | 1.20B | +3.8% | |
| 2015 | $807.97M | $32.72M | $775.25M | 2.67% | 1.16B | +10.5% | |
| 2014 | $8.18M | $28.55M | −$20.38M | 0.04% | 1.05B | +0.5% | |
| 2013 | $67.60M | $28.76M | $38.84M | 0.60% | 1.04B | -5.3% | |
| 2012 | $727.67M | $28.41M | $699.26M | 8.15% | 1.10B | -1.9% | |
| 2011 | $176.39M | $19.42M | $156.97M | 2.17% | 1.12B | +0.3% | |
| 2010 | $23.54M | $16.86M | $6.68M | 0.51% | 1.12B | -1.7% | |
| 2009 | $86.17M | $14.04M | $72.13M | 2.49% | 1.14B | -3.0% | |
| 2008 | $103.47M | $13.90M | $89.57M | 3.34% | 1.17B | -1.4% | |
| 2007 | $148.00K | $0.00 | $148.00K | 0.00% | 1.19B | +0.3% | |
| 2006 | $27.70M | $0.00 | $27.70M | 0.91% | 1.18B | +1.5% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 1.17B | +2.8% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 1.13B | +9.7% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 1.03B | +4.1% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.99B | -4.1% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 1.04B | +4.7% | |
| 2000 | $814.54K | $0.00 | $814.54K | 2.11% | 0.99B | -2.0% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 1.01B | +0.8% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 1.00B | +4.3% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.96B | 0.0% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.96B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$103.65M
- 2024$3.77B
- 2023$658.95M
- 2022$771.03M
- 2021$13.83M
- 2020$595.92M
- 2019$707.30M
- 2018$1.34B
- 2017$361.18M
- 2016$2.25B
- 2015$807.97M
- 2014$8.18M
- 2013$67.60M
- 2012$727.67M
- 2011$176.39M
- 2010$23.54M
- 2009$86.17M
- 2008$103.47M
- 2007$148.00K
- 2006$27.70M
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$814.54K
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
Buybacks vs stock-based compensation for Monster Beverage (MNST)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 1.66×.
Buybacks vs dividends (share of cash returned) for Monster Beverage (MNST)
How Monster Beverage splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Monster Beverage, ranked by their latest buyback spend.
| $8.09B | |
| $6.50B | |
| $2.38B | |
| $1.00B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $0.00 |
- $8.09B
- $6.50B
- $1.00B
- $1.00B
- $903.00M
- $746.00M
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.07B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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