Monster Beverage Corp (MNST)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	1,509,048	1,605,316	1,687,091	1,675,593	1,630,988	1,565,683	1,435,376	1,294,865	1,191,624	1,211,264	1,226,082	1,356,484	1,377,475	1,527,897	1,538,346	1,445,953	1,409,594	1,192,812	1,144,081	1,125,185
Revenue (ttm)	US$ in thousands	7,492,710	7,410,780	7,385,840	7,340,200	7,140,030	6,922,850	6,691,110	6,491,410	6,311,050	6,223,160	6,009,430	5,816,100	5,541,350	5,312,590	5,148,390	4,780,360	4,598,640	4,419,570	4,306,790	4,316,930
Net profit margin		20.14%	21.66%	22.84%	22.83%	22.84%	22.62%	21.45%	19.95%	18.88%	19.46%	20.40%	23.32%	24.86%	28.76%	29.88%	30.25%	30.65%	26.99%	26.56%	26.06%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,509,048K ÷ $7,492,710K
= 20.14%

Net profit margin is a key financial ratio that indicates the percentage of each dollar of revenue that translates into profit after all expenses are deducted. For Monster Beverage Corp, the net profit margin has shown some fluctuations over the past few years. The margin stood at a healthy 26.06% on March 31, 2020, and gradually increased to reach a peak of 30.65% on December 31, 2020.

However, in the subsequent periods, the net profit margin started to decline. By December 31, 2024, it had decreased to 20.14%. This downward trend suggests that the company may be experiencing challenges in maintaining profitability, possibly due to increasing expenses or changes in revenue.

Investors and stakeholders should closely monitor Monster Beverage Corp's net profit margin to assess the company's financial health and sustainability. A declining net profit margin could indicate potential issues that may require management's attention to ensure long-term profitability and growth.