Monster Beverage (MNST) FY2024 10-K Annual Report

Filed: Feb 28, 2025
Consumer Staples
Bottled & Canned Soft Drinks & Carbonated WatersSEC EDGAR

Monster Beverage (MNST) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 28, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Monster Beverage FY2024 10-K Analysis

Business Overview

  • Core business: Manufacture and sale of energy drinks and related beverage products worldwide
  • New emphasis on Alcohol Brands segment, with net sales $172.3M in 2024, up from $101.4M in 2022
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Management Discussion & Analysis

  • Revenue $7.49B, up 4.9% YoY ($352.7M increase) driven by Monster Energy® volume and pricing; foreign exchange impact -$247.1M
  • Gross profit $4.05B, up 6.7% YoY; gross margin 54.0% vs 53.1% YoY due to pricing, lower freight and aluminum can costs
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Risk Factors

  • No specific or timely risks disclosed in this section; content focuses on opportunities and results overview

Monster Beverage FY2024 Key Financial Metrics
XBRL

Revenue

$7.5B

+4.9% YoY

Net Income

$1.5B

-7.5% YoY

Gross Margin

54.0%

+90bp YoY

Operating Margin

25.8%

-160bp YoY

Net Margin

20.1%

-270bp YoY

ROE

25.3%

+551bp YoY

Total Assets

$7.7B

-20.3% YoY

Operating Cash Flow

$1.9B

+12.3% YoY

Source: XBRL data from Monster Beverage FY2024 10-K filing on SEC EDGAR. All figures in USD.

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