Monster Beverage Corp (MNST)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	5,957,720	5,779,400	5,866,320	8,577,790	8,228,740	7,873,150	7,841,460	7,395,360	7,025,040	6,815,760	6,809,180	6,866,670	6,566,950	6,245,000	5,905,500	5,459,440	5,160,860	4,629,320	4,221,540	3,870,950
ROE		25.33%	27.78%	28.76%	19.53%	19.82%	19.89%	18.30%	17.51%	16.96%	17.77%	18.01%	19.75%	20.98%	24.47%	26.05%	26.49%	27.31%	25.77%	27.10%	29.07%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,509,048K ÷ $5,957,720K
= 25.33%

Monster Beverage Corp's Return on Equity (ROE) has shown fluctuating trends over the past few years. The ROE decreased from 29.07% in March 2020 to 16.96% in December 2022, indicating a decline in the company's ability to generate profit from shareholders' equity. However, there was a slight recovery in ROE to 28.76% by June 2024, followed by a slight drop to 25.33% by December 2024.

The decreasing trend in ROE from 2020 to 2022 may suggest a decline in the company's profitability and efficiency in utilizing shareholders' equity to generate earnings. The subsequent increase in ROE from 2022 to 2024 could indicate improvements in the company's profitability and efficiency.

It is essential for investors and analysts to further investigate the factors affecting Monster Beverage Corp's ROE fluctuations to understand the company's financial performance and evaluate its future potential.