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FCF Margin for Monster Beverage (MNST)

As of · Reported

Metric

TTM

23.6%

YoY change

+2.05pp

Trough year (1995)

-7.1%

Peak year (2018)

28.6%

FCF Margin history chart for Monster Beverage (MNST) from 1992 to 2025

Latest: 23.7%

FCF Margin change chart for Monster Beverage (MNST) from 1992 to 2025

Latest: +2.05pp

FCF Margin history table for Monster Beverage (MNST) from 1992 to 2025

  • 202523.7%+2.05pp
  • 202421.6%+0.88pp
  • 202320.8%+10.07pp
  • 202210.7%-9.12pp
  • 202119.8%-8.38pp
  • 202028.2%+4.32pp
  • 201923.9%-4.67pp
  • 201828.6%+2.00pp
  • 201726.6%+7.01pp
  • 201619.5%+13.47pp
  • 20156.1%-16.41pp
  • 201422.5%+9.57pp
  • 201312.9%+1.34pp
  • 201211.6%-6.23pp
  • 201117.8%+1.95pp
  • 201015.8%+4.70pp
  • 200911.1%-7.08pp
  • 200818.2%+4.03pp
  • 200714.2%+2.39pp
  • 200611.8%-3.42pp
  • 200515.2%+4.81pp
  • 200410.4%+6.92pp
  • 20033.5%+0.99pp
  • 20022.5%-3.28pp
  • 20015.8%+9.02pp
  • 2000-3.2%-4.61pp
  • 19991.4%-6.04pp
  • 19987.4%+4.87pp
  • 19972.6%+0.59pp
  • 19962.0%+9.03pp
  • 1995-7.1%-1.85pp
  • 1994-5.2%-7.74pp
  • 19932.5%+4.61pp
  • 1992-2.1%—

FCF Margin values are taken from Monster Beverage's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Monster Beverage (MNST)

According to Monster Beverage's latest reported financial statements, the company's latest reported free cash flow margin is 23.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Monster Beverage (MNST) reported free cash flow margin of 23.70% – expanded 2.1 percentage points year-over-year.

The highest annual free cash flow margin of 28.55% was reported in 2018. The lowest in the available history was -7.06% in 1995.

Monster Beverage FCF Margin by Year

Monster Beverage FCF Margin 2025: 23.7%

Monster Beverage free cash flow margin in 2025 was 23.70%, expanded 2.1 percentage points from 2024.

Monster Beverage FCF Margin 2024: 21.6%

2024's free cash flow margin for Monster Beverage came in at 21.65%, expanded 0.9 percentage points from 2023.

Monster Beverage FCF Margin 2023: 20.8%

Monster Beverage posted free cash flow margin of 20.77% in 2023, expanded 10.1 percentage points from 2022.

Monster Beverage FCF Margin 2022: 10.7%

In 2022, Monster Beverage reported free cash flow margin of 10.70%, contracted 9.1 percentage points from 2021.

Monster Beverage FCF Margin 2021: 19.8%

Monster Beverage free cash flow margin in 2021 was 19.82%.

See more financial history for Monster Beverage (MNST).

Sector peers by FCF Margin

Consumer Defensive peers of Monster Beverage (MNST), ranked by their latest free cash flow margin

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