MNST Q3 2024 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q3 2024 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.9B+1.3% YoY

Gross Profit

$1000M53.2% margin

Operating Income

$480M25.5% margin

Net Income

$371M19.7% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$618M

Free Cash Flow

$556M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$2.3B

Stockholders' Equity

$5.8B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.9B	+1.3%
Gross Profit	$1000M	$984M	+1.6%
Operating Income	$480M	$511M	-6.0%
Net Income	$371M	$453M	-18.1%

Revenue Segments

Monster Energy Drinks

$1.7B92%

Strategic Brands

$113M6%

Alcohol Brands

$40M2%

Geographic Segments

U.s. And Canada

$1.2B62%

E M E A

$418M22%

Latin America And Caribbean

$159M8%

Asia Pacific

$132M7%