Question 1

What is Monster Beverage's P/FCF ratio?

Accepted Answer

Monster Beverage (MNST) P/FCF ratio is 45.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Monster Beverage?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Monster Beverage specifically, the relevant sector benchmark is the current sector median of 16.5×.

Question 5

Is Monster Beverage's P/FCF ratio high or low?

Accepted Answer

Monster Beverage's P/FCF ratio of 45.6× is above its own 5-year average of 44.3× and above the sector median of 16.5×. That places the current reading at the 72th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Monster Beverage's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Monster Beverage (MNST) P/FCF ratio has ranged from a low of 7.2× in 2002 to a high of 182.6× in 2015. The 5-year average is 44.3× and the 5-year median is 39.0×.

Question 7

What was Monster Beverage's P/FCF ratio in 2025?

Accepted Answer

Monster Beverage (MNST) P/FCF ratio at the end of 2025 was 38.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Monster Beverage's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$74.9B	$1.97B	38.1×	+7.0×	Dec 31, 2025
2024	$51.1B	$1.64B	31.1×	-9.3×	Dec 31, 2024
2023	$59.9B	$1.48B	40.4×	-38.1×	Dec 31, 2023
2022	$53B	$676M	78.5×	+32.2×	Dec 31, 2022
2021	$50.8B	$1.1B	46.3×	+7.8×	Dec 31, 2021
2020	$48.8B	$1.27B	38.5×	+4.4×	Dec 31, 2020
2019	$34.2B	$1B	34.0×	+9.1×	Dec 31, 2019
2018	$27.1B	$1.09B	24.9×	-15.0×	Dec 31, 2018
2017	$35.7B	$895M	39.9×	-2.4×	Dec 31, 2017
2016	$25.2B	$596M	42.3×	-140.3×	Dec 31, 2016
2015	$30.2B	$165M	182.6×	+149.8×	Dec 31, 2015
2014	$18.2B	$554M	32.8×	-6.3×	Dec 31, 2014
2013	$11.3B	$290M	39.1×	+1.7×	Dec 31, 2013
2012	$8.93B	$238M	37.4×	+10.6×	Dec 31, 2012
2011	$8.12B	$303M	26.8×	+4.4×	Dec 31, 2011
2010	$4.63B	$207M	22.4×	-4.7×	Dec 31, 2010
2009	$3.45B	$127M	27.1×	+10.7×	Dec 31, 2009
2008	$3.1B	$188M	16.4×	-15.0×	Dec 31, 2008
2007	$4.04B	$128M	31.4×	-11.0×	Dec 31, 2007
2006	$3.03B	$71.5M	42.4×	+9.7×	Dec 31, 2006
2005	$1.74B	$53.1M	32.7×	+12.0×	Dec 31, 2005
2004	$388M	$18.8M	20.7×	-1.8×	Dec 31, 2004
2003	$86.5M	$3.86M	22.4×	+4.1×	Dec 31, 2003
2002	$42.4M	$2.31M	18.4×	—	Dec 31, 2002


Tyson Foods (TSN)	18.4×
Colgate-Palmolive (CL)	18.2×
Kenvue (KVUE)	18.1×
Hormel Foods (HRL)	17.1×
Universal Corporation (UVV)	16.5×
Marzetti (MZTI)	15.3×
Kroger (KR)	14.3×
Brown-Forman (BF-B)	13.2×
Performance Food Group (PFGC)	12.9×
Altria Group (MO)	12.8×
Constellation Brands (STZ)	12.8×
Kimberly-Clark (KMB)	12.4×
Dollar Tree (DLTR)	12.0×
General Mills (GIS)	11.1×
McCormick & Company (MKC)	10.8×
Lamb Weston (LW)	10.3×
J. M. Smucker (SJM)	9.0×
Dollar General (DG)	8.7×
Coca-Cola Europacific Partners (CCEP)	8.3×
Archer-Daniels-Midland (ADM)	7.3×
Molson Coors Beverage (TAP)	7.0×
Campbell Soup (CPB)	6.8×
Kraft Heinz (KHC)	6.6×
Conagra Brands (CAG)	6.4×
Albertsons Companies (ACI)	4.4×

P/FCF Ratio for Monster Beverage (MNST) 2002-2026

P/FCF Ratio daily chart for Monster Beverage (MNST)

Historical P/FCF Ratio for Monster Beverage (MNST) from 2002 to 2025

About P/FCF Ratio at Monster Beverage (MNST)

Monster Beverage P/FCF Ratio by Year

Monster Beverage P/FCF Ratio 2025: 38.1×

Monster Beverage P/FCF Ratio 2024: 31.1×

Monster Beverage P/FCF Ratio 2023: 40.4×

Monster Beverage P/FCF Ratio 2022: 78.5×

Monster Beverage P/FCF Ratio 2021: 46.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Monster Beverage (MNST) Key Financials