Monster Beverage Corp (MNST)

Return on assets (ROA)

		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
Total assets	US$ in thousands	7,719,090	9,686,520	8,293,100	7,804,780	6,202,720
ROA		19.55%	16.84%	14.37%	17.65%	22.73%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $1,509,050K ÷ $7,719,090K
= 19.55%

Based on the data provided, Monster Beverage Corp's return on assets (ROA) has shown some fluctuations over the past five years.

As of December 31, 2020, the ROA was at a relatively high level of 22.73%, indicating that the company effectively generated earnings relative to its total assets. However, by December 31, 2021, the ROA decreased to 17.65%, suggesting a decline in the company's ability to utilize its assets efficiently to generate profits.

In the subsequent years, Monster Beverage Corp's ROA continued to decrease. By December 31, 2022, the ROA stood at 14.37%, indicating a further decline in the company's asset utilization efficiency. However, the ROA saw a slight improvement by December 31, 2023, reaching 16.84%, which may suggest some positive changes in the company's performance in that year.

The latest available data as of December 31, 2024, shows that Monster Beverage Corp's ROA increased to 19.55%, indicating a recovery in the company's ability to generate profits relative to its assets.

Overall, the trend in Monster Beverage Corp's ROA over the five-year period indicates fluctuations in the company's efficiency in generating returns from its assets. It is essential for stakeholders to monitor these fluctuations and assess the company's operational efficiency and financial performance in managing its asset base.