TTM
29.3%
YoY change
+3.41pp
Trough year (1994)
-4.2%
Peak year (2016)
35.6%
Latest annual
29.2%
Operating Margin history chart for Monster Beverage (MNST) from 1992 to 2025
Latest: 29.2%
Operating Margin change chart for Monster Beverage (MNST) from 1992 to 2025
Latest: +3.41pp
Operating Margin history table for Monster Beverage (MNST) from 1992 to 2025
| 2025 | 29.2% | +3.41pp | ||
| 2024 | 25.8% | -1.60pp | ||
| 2023 | 27.4% | +2.25pp | ||
| 2022 | 25.1% | -7.33pp | ||
| 2021 | 32.4% | -3.08pp | ||
| 2020 | 35.5% | +2.12pp | ||
| 2019 | 33.4% | -0.32pp | ||
| 2018 | 33.7% | -1.87pp | ||
| 2017 | 35.6% | -0.01pp | ||
| 2016 | 35.6% | +2.77pp | ||
| 2015 | 32.8% | +2.50pp | ||
| 2014 | 30.3% | +4.82pp | ||
| 2013 | 25.5% | -1.22pp | ||
| 2012 | 26.7% | -0.08pp | ||
| 2011 | 26.8% | +0.12pp | ||
| 2010 | 26.7% | -2.83pp | ||
| 2009 | 29.5% | +13.68pp | ||
| 2008 | 15.8% | -9.71pp | ||
| 2007 | 25.5% | -0.64pp | ||
| 2006 | 26.2% | -3.47pp | ||
| 2005 | 29.6% | +10.86pp | ||
| 2004 | 18.8% | +9.89pp | ||
| 2003 | 8.9% | +3.15pp | ||
| 2002 | 5.8% | -1.13pp | ||
| 2001 | 6.9% | -2.74pp | ||
| 2000 | 9.6% | -0.75pp | ||
| 1999 | 10.4% | -0.76pp | ||
| 1998 | 11.1% | +6.72pp | ||
| 1997 | 4.4% | +1.88pp | ||
| 1996 | 2.5% | +6.06pp | ||
| 1995 | -3.5% | +0.64pp | ||
| 1994 | -4.2% | -8.81pp | ||
| 1993 | 4.6% | +1.52pp | ||
| 1992 | 3.1% | — |
- 202529.2%+3.41pp
- 202425.8%-1.60pp
- 202327.4%+2.25pp
- 202225.1%-7.33pp
- 202132.4%-3.08pp
- 202035.5%+2.12pp
- 201933.4%-0.32pp
- 201833.7%-1.87pp
- 201735.6%-0.01pp
- 201635.6%+2.77pp
- 201532.8%+2.50pp
- 201430.3%+4.82pp
- 201325.5%-1.22pp
- 201226.7%-0.08pp
- 201126.8%+0.12pp
- 201026.7%-2.83pp
- 200929.5%+13.68pp
- 200815.8%-9.71pp
- 200725.5%-0.64pp
- 200626.2%-3.47pp
- 200529.6%+10.86pp
- 200418.8%+9.89pp
- 20038.9%+3.15pp
- 20025.8%-1.13pp
- 20016.9%-2.74pp
- 20009.6%-0.75pp
- 199910.4%-0.76pp
- 199811.1%+6.72pp
- 19974.4%+1.88pp
- 19962.5%+6.06pp
- 1995-3.5%+0.64pp
- 1994-4.2%-8.81pp
- 19934.6%+1.52pp
- 19923.1%—
Operating 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 Operating Margin at Monster Beverage (MNST)
According to Monster Beverage's latest reported financial statements, the company's latest reported operating margin is 29.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Monster Beverage (MNST) came in at 29.17% – expanded 3.4 percentage points year-over-year.
35.59% stands as the all-time-high annual operating margin, posted in 2016, against a low of -4.17% during 1994.
Monster Beverage Operating Margin by Year
Monster Beverage Operating Margin 2025: 29.2%
Monster Beverage operating margin in 2025 was 29.17%, expanded 3.4 percentage points from 2024.
Monster Beverage Operating Margin 2024: 25.8%
2024's operating margin for Monster Beverage came in at 25.76%, contracted 1.6 percentage points from 2023.
Monster Beverage Operating Margin 2023: 27.4%
Monster Beverage posted operating margin of 27.36% in 2023, expanded 2.2 percentage points from 2022.
Monster Beverage Operating Margin 2022: 25.1%
In 2022, Monster Beverage reported operating margin of 25.11%, contracted 7.3 percentage points from 2021.
Monster Beverage Operating Margin 2021: 32.4%
Monster Beverage operating margin in 2021 was 32.44%.
See more financial history for Monster Beverage (MNST).
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