Monster Beverage Corporation Website

Monster Beverage Corporation

NasdaqGS-MNST

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

4,200.8

4,598.6

5,541.4

6,311.1

7,140

7,385.8

Total Revenues % Chg.

10.3%

9.5%

20.5%

13.9%

13.1%

10.4%

Cost of Goods Sold, Total

1,682.2

1,874.8

2,432.8

3,136.5

3,345.8

3,417.1

Gross Profit

2,518.6

2,723.9

3,108.5

3,174.6

3,794.2

3,968.8

Selling General & Admin Expenses, Total

1,104.3

1,090.5

1,305.7

1,589.8

1,781.9

1,895.4

Depreciation & Amortization

—

—

—

—

—

—

—

—

—

—

0.8

Other Operating Expenses, Total

1,104.3

1,090.5

1,305.7

1,589.8

1,781.9

1,896.1

Operating Income

1,414.2

1,633.4

1,802.8

1,584.7

2,012.4

2,072.6

Interest Expense, Total

—

—

-0.1

-0

-0

-0

-0.3

-5.1

Interest And Investment Income

—

—

—

29.7

13

39.6

Net Interest Expenses

-0.1

-0

-0

29.7

12.7

34.5

Currency Exchange Gains (Loss)

-4.1

-11.2

0.3

-37.9

-60.2

-48.8

Other Non Operating Income (Expenses)

17.2

4.2

3.7

-4.5

117.2

116.5

EBT, Excl. Unusual Items

1,427.3

1,626.4

1,806.7

1,572

2,082.1

2,174.9

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

-16.1

-16.1

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

—

—

Asset Writedown

—

—

—

—

—

—

—

—

—

-42.7

-42.7

Other Unusual Items

-11.3

-0.2

-5.3

—

45.2

45.2

EBT, Incl. Unusual Items

1,416

1,626.2

1,801.4

1,572

2,068.5

2,161.2

Income Tax Expense

308.1

216.6

423.9

380.3

437.5

474.2

Earnings From Continuing Operations

1,107.8

1,409.6

1,377.5

1,191.6

1,631

1,687.1

Net Income

1,107.8

1,409.6

1,377.5

1,191.6

1,631

1,687.1

Net Income to Common Incl Extra Items

1,107.8

1,409.6

1,377.5

1,191.6

1,631

1,687.1

Net Income to Common Excl. Extra Items

1,107.8

1,409.6

1,377.5

1,191.6

1,631

1,687.1

Total Shares Outstanding

1,073.4

1,056.2

1,058.6

1,044.6

1,041.6

983.4

Weighted Avg. Shares Outstanding

1,084.4

1,059.3

1,057.5

1,053.6

1,044.9

1,039.5

Weighted Avg. Shares Outstanding Dil

1,093.2

1,069.6

1,071.3

1,066.4

1,058

1,050.3

EPS

1

1.3

1.3

1.1

1.6

1.6

EPS Diluted

1

1.3

1.3

1.1

1.5

1.6

EBITDA

1,475

1,690.4

1,852.9

1,646

2,081.3

2,149.1

Effective Tax Rate

21.8%

13.3%

23.5%

24.2%

21.2%

21.9%