MNST Q4 2023 Earnings — Monster Beverage Corporation Revenue & Financial Results | Market Cap Arena

MNSTMonster Beverage Corporation

$76B

Q4 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.7B+14.4% YoY

Gross Profit

$938M54.2% margin

Operating Income

$434M25.1% margin

Net Income

$367M21.2% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$434M

Free Cash Flow

$319M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$1.5B

Stockholders' Equity

$8.2B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.5B	+14.4%
Gross Profit	$938M	$784M	+19.6%
Operating Income	$434M	$394M	+10.0%
Net Income	$367M	$302M	+21.6%

Revenue Segments

Monster Energy Drinks

$1.6B92%

Strategic Brands

$92M5%

Alcohol Brands

$35M2%

Other Segments

$5M0%

Geographic Segments

U.s. And Canada

$1.1B66%

E M E A

$309M18%

Latin America And Caribbean

$170M10%

Asia Pacific

$110M6%