Monster Beverage Corp (MNST) closed fiscal year 2025 with a gross margin of 55.8 % and a net margin of 23.0 %.
Monster Beverage Corp (MNST) closed fiscal year 2025 with a gross margin of 55.8 % and a net margin of 23.0 %. The same year shows an EBITDA margin of 30.5 % and an EBIT margin of 29.2 %. The free cash flow margin was 23.7 %. Against the previous year the gross margin moved +1.8 pp and the net margin +2.8 pp. Across the period the gross margin ranges between 50.3 % in 2022 and 63.7 % in 2016. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 52.12 % | 53.56 % | 52.17 % | 52.51 % | 51.71 % | 52.21 % | 54.36 % | 59.95 % | 63.68 % | 63.45 % | 60.29 % | 59.95 % | 59.23 % | 56.10 % | 50.30 % | 53.14 % | 54.04 % | 55.85 % |
| EBITDA margin (%) | 16.16 % | 30.01 % | 27.57 % | 27.80 % | 27.72 % | 26.52 % | 31.37 % | 33.96 % | 36.93 % | 37.03 % | 35.21 % | 34.84 % | 36.75 % | 33.34 % | 26.08 % | 28.32 % | 26.84 % | 30.55 % |
| EBIT margin (%) | 15.82 % | 29.50 % | 26.67 % | 26.80 % | 26.72 % | 25.50 % | 30.33 % | 32.82 % | 35.59 % | 35.58 % | 33.72 % | 33.40 % | 35.51 % | 32.44 % | 25.11 % | 27.36 % | 25.76 % | 29.17 % |
| Net margin (%) | 10.45 % | 18.26 % | 16.26 % | 16.80 % | 16.50 % | 15.08 % | 19.60 % | 20.08 % | 23.37 % | 24.36 % | 26.08 % | 26.37 % | 30.65 % | 24.86 % | 18.88 % | 22.84 % | 20.14 % | 22.97 % |
| FCF margin (%) | 18.65 % | 11.60 % | 16.60 % | 18.10 % | 11.88 % | 13.41 % | 23.11 % | 17.89 % | 19.73 % | 26.84 % | 28.89 % | 24.09 % | 28.61 % | 20.07 % | 11.08 % | 20.96 % | 22.21 % | 23.70 % |
