Shares Outstanding for Monster Beverage (MNST)
According to Monster Beverage's latest reported financial statements, the company's latest reported diluted shares outstanding is 986.81M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MNST
Currently viewingShares OutstandingSwitch metric
Latest period
986.81M
YoY change
-2.8%
5Y CAGR
-1.6%
Peak year (2016)
1.20B
Latest annual
984.45M
Shares Outstanding history chart for Monster Beverage (MNST) from 1990 to 2025
Shares Outstanding history table for Monster Beverage (MNST) from 1990 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 984.45M | -2.8% | ||
| 2024 | 1.01B | -4.2% | ||
| 2023 | 1.06B | -0.8% | ||
| 2022 | 1.07B | -0.5% | ||
| 2021 | 1.07B | +0.2% | ||
| 2020 | 1.07B | -2.2% | ||
| 2019 | 1.09B | -3.1% | ||
| 2018 | 1.13B | -2.2% | ||
| 2017 | 1.15B | -3.8% | ||
| 2016 | 1.20B | +3.8% | ||
| 2015 | 1.16B | +10.5% | ||
| 2014 | 1.05B | +0.5% | ||
| 2013 | 1.04B | -5.3% | ||
| 2012 | 1.10B | -1.9% | ||
| 2011 | 1.12B | +0.3% | ||
| 2010 | 1.12B | -1.7% | ||
| 2009 | 1.14B | -3.0% | ||
| 2008 | 1.17B | -1.4% | ||
| 2007 | 1.19B | +0.3% | ||
| 2006 | 1.18B | +1.5% | ||
| 2005 | 1.17B | +2.8% | ||
| 2004 | 1.13B | +9.7% | ||
| 2003 | 1.03B | +4.1% | ||
| 2002 | 992.60M | -4.1% | ||
| 2001 | 1.04B | +4.7% | ||
| 2000 | 989.08M | -2.0% | ||
| 1999 | 1.01B | +0.8% | ||
| 1998 | 1.00B | +4.3% | ||
| 1997 | 960.00M | 0.0% | ||
| 1996 | 960.00M | +15.4% | ||
| 1995 | 832.00M | -7.1% | ||
| 1994 | 896.00M | +8.9% | ||
| 1993 | 822.86M | +28.6% | ||
| 1992 | 640.00M | +84.9% | ||
| 1991 | 346.18M | +134.4% | ||
| 1990 | 147.69M | — |
Shares Outstanding values are taken from Monster Beverage's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Monster Beverage (MNST) reported diluted shares outstanding of 984.45M – edged down 2.8% year-over-year.
Monster Beverage diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -1.6%, with a net decline across the window.
Between 2016 and 2025, Monster Beverage diluted shares outstanding declined 17.9%, falling from 1.20B to 984.45M.
Across the available history, diluted shares outstanding reached its high of 1.20B in 2016 and its low of 147.69M in 1990.
Monster Beverage (MNST) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of 1.62B.
Monster Beverage Shares Outstanding by Year
Monster Beverage Shares Outstanding 2025: 984.45M
Monster Beverage diluted shares outstanding in 2025 was 984.45M, edged down 2.8% below 2024.
Monster Beverage Shares Outstanding 2024: 1.01B
Monster Beverage diluted shares outstanding in 2024 was 1.01B, edged down 4.2% below 2023.
Monster Beverage Shares Outstanding 2023: 1.06B
Monster Beverage diluted shares outstanding in 2023 was 1.06B, edged down 0.8% below 2022.
Monster Beverage Shares Outstanding 2022: 1.07B
Monster Beverage diluted shares outstanding in 2022 was 1.07B, edged down 0.5% below 2021.
Monster Beverage Shares Outstanding 2021: 1.07B
Monster Beverage diluted shares outstanding in 2021 was 1.07B.
See more financial history for Monster Beverage (MNST).
Sector peers — Shares Outstanding
Companies in the same sector as Monster Beverage, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Walmart Inc. (WMT) | 8.02B | Consumer Defensive |
| The Coca-Cola Company (KO) | 4.31B | Consumer Defensive |
| The Procter & Gamble Company (PG) | 2.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | 1.68B | Consumer Defensive |
| Philip Morris International Inc. (PM) | 1.56B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | 1.37B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | 1.30B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | 444.80M | Consumer Defensive |
Frequently asked questions
What is Monster Beverage's diluted shares outstanding?
- Latest reported diluted shares outstanding for Monster Beverage (MNST) is 986.81M (period ending December 31, 2025).
How has Monster Beverage diluted shares outstanding changed year-over-year?
- Monster Beverage (MNST) diluted shares outstanding changed -2.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Monster Beverage diluted shares outstanding?
- Monster Beverage (MNST) diluted shares outstanding compound annual growth rate is -1.6% over the most recent 5 years available.
When did Monster Beverage diluted shares outstanding hit its highest annual value?
- Monster Beverage diluted shares outstanding reached its highest annual value of 1.20B in 2016.
What was Monster Beverage diluted shares outstanding in 2024?
- Monster Beverage (MNST) diluted shares outstanding in 2024 was 1.01B.
What was Monster Beverage diluted shares outstanding in 2025?
- Monster Beverage (MNST) diluted shares outstanding in 2025 was 984.45M.
Metrics overview
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