Monster Beverage Corp (MNST)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,930,294 | 1,983,029 | 2,013,640 | 2,010,282 | 1,953,355 | 1,913,747 | 1,821,150 | 1,670,296 | 1,584,721 | 1,603,250 | 1,629,784 | 1,782,808 | 1,797,465 | 1,786,886 | 1,801,023 | 1,682,312 | 1,633,154 | 1,547,898 | 1,484,740 | 1,456,466 |
| Total assets | US$ in thousands | 7,719,090 | 8,053,300 | 8,060,900 | 10,098,100 | 9,686,520 | 9,314,340 | 9,263,340 | 8,844,360 | 8,293,100 | 8,204,800 | 8,175,010 | 8,187,460 | 7,804,780 | 7,449,410 | 7,071,540 | 6,534,370 | 6,202,720 | 5,697,680 | 5,193,810 | 4,881,500 |
| Operating ROA | 25.01% | 24.62% | 24.98% | 19.91% | 20.17% | 20.55% | 19.66% | 18.89% | 19.11% | 19.54% | 19.94% | 21.77% | 23.03% | 23.99% | 25.47% | 25.75% | 26.33% | 27.17% | 28.59% | 29.84% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,930,294K ÷ $7,719,090K
= 25.01%
Operating ROA for Monster Beverage Corp has exhibited a general downward trend over the past few years. Starting at 29.84% in March 2020, the ratio decreased gradually to 19.11% by December 2022. However, there was a slight uptick in the ratio to 25.01% by December 2024. This indicates that the company's operating efficiency in generating profits from its assets fluctuated during this period.
It's important to note that a higher operating ROA signifies better profitability from the company's operations relative to its total assets, while a lower ratio may indicate inefficiencies in asset utilization. Considering the fluctuations observed in Monster Beverage Corp's operating ROA, further analysis of the company's financial performance and operational activities would be crucial to understand the factors influencing these fluctuations and to assess the sustainability of the company's profitability levels.
Peer comparison
Dec 31, 2024