Monster Beverage Corp (MNST)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,509,050 | 1,630,990 | 1,191,620 | 1,377,480 | 1,409,590 |
| Revenue | US$ in thousands | 7,492,710 | 7,140,030 | 6,311,050 | 5,541,350 | 4,598,640 |
| Net profit margin | 20.14% | 22.84% | 18.88% | 24.86% | 30.65% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,509,050K ÷ $7,492,710K
= 20.14%
Monster Beverage Corp's net profit margin has shown a fluctuating trend over the past five years. Starting at 30.65% on December 31, 2020, the net profit margin decreased to 24.86% by December 31, 2021. Subsequently, it further declined to 18.88% by December 31, 2022. However, there was a slight improvement in profitability as the net profit margin increased to 22.84% by December 31, 2023. Finally, by December 31, 2024, the net profit margin stood at 20.14%.
The declining trend in net profit margin from 2020 to 2022 indicates potential challenges in managing costs or generating revenue efficiently during that period. The slight recovery in 2023 suggests some improvement in the company's profitability strategies. Overall, the varying net profit margin figures highlight the importance for Monster Beverage Corp to focus on enhancing operational efficiency and profitability to ensure sustainable growth in the future.
Peer comparison
Dec 31, 2024