Monster Historical Income Statement

MNST Stock

USD 54.06 0.08 0.15%

Historical analysis of Monster Beverage income statement accounts such as Other Operating Expenses of 9 B can show how well Monster Beverage Corp performed in making a profits. Evaluating Monster Beverage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Monster Beverage's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Monster Beverage Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Monster Beverage Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Monster Income Statement Analysis

Monster Beverage Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Monster Beverage shareholders. The income statement also shows Monster investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Monster Beverage Income Statement Chart

At this time, Monster Beverage's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 459.4 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 495.8 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Total Operating Expenses Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts Monster Beverage Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Monster Beverage Corp minus its cost of goods sold. It is profit before Monster Beverage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Monster Beverage Corp. It is also known as Monster Beverage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Monster Beverage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Monster Beverage Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Gross Profit	3.1B	3.2B	3.8B	4.0B
Total Revenue	5.5B	6.3B	7.1B	7.5B

Gross Profit Total Revenue

Monster Beverage income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Total Operating Expenses	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Cost Of Revenue	Income Before Tax	Total Other Income Expense Net	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.27	0.29	0.32	0.35	0.34	0.15	0.15	0.26	0.37	0.23	0.24	0.29	0.96	0.19	0.18	-0.15	0.13	0.08	0.16	0.32	0.22	0.13
Total Revenue	0.27		0.99	0.93	0.99	0.96	0.96	0.96	0.96	0.83	0.91	0.99	0.97	0.19	0.94	0.84	-0.45	0.88	0.35	0.9	0.63	0.79	0.82
Gross Profit	0.29	0.99		0.89	0.99	0.99	0.98	0.98	0.98	0.85	0.95	0.95	0.99	0.19	0.89	0.87	-0.37	0.88	0.29	0.9	0.6	0.78	0.83
Other Operating Expenses	0.32	0.93	0.89		0.93	0.84	0.82	0.82	0.86	0.73	0.78	0.94	0.87	0.31	0.94	0.67	-0.58	0.74	0.45	0.8	0.87	0.79	0.68
Total Operating Expenses	0.35	0.99	0.99	0.93		0.96	0.93	0.93	0.94	0.87	0.92	0.97	0.96	0.28	0.92	0.81	-0.45	0.86	0.36	0.87	0.65	0.79	0.78
Operating Income	0.34	0.96	0.99	0.84	0.96		0.98	0.98	0.98	0.85	0.95	0.91	1.0	0.23	0.83	0.9	-0.3	0.86	0.23	0.89	0.54	0.74	0.83
Ebit	0.15	0.96	0.98	0.82	0.93	0.98		1.0	0.99	0.8	0.96	0.9	0.99	0.03	0.84	0.91	-0.27	0.88	0.21	0.92	0.52	0.75	0.86
Ebitda	0.15	0.96	0.98	0.82	0.93	0.98	1.0		0.99	0.8	0.96	0.9	0.99	0.03	0.84	0.91	-0.27	0.88	0.21	0.92	0.52	0.76	0.86
Net Income	0.26	0.96	0.98	0.86	0.94	0.98	0.99	0.99		0.77	0.95	0.91	0.99	0.14	0.84	0.91	-0.31	0.87	0.18	0.94	0.59	0.81	0.88
Income Tax Expense	0.37	0.83	0.85	0.73	0.87	0.85	0.8	0.8	0.77		0.78	0.78	0.84	0.33	0.74	0.65	-0.29	0.68	0.52	0.59	0.49	0.44	0.49
Depreciation And Amortization	0.23	0.91	0.95	0.78	0.92	0.95	0.96	0.96	0.95	0.78		0.85	0.95	0.12	0.8	0.88	-0.19	0.85	0.08	0.89	0.49	0.83	0.85
Cost Of Revenue	0.24	0.99	0.95	0.94	0.97	0.91	0.9	0.9	0.91	0.78	0.85		0.92	0.18	0.96	0.78	-0.53	0.87	0.4	0.87	0.65	0.79	0.8
Income Before Tax	0.29	0.97	0.99	0.87	0.96	1.0	0.99	0.99	0.99	0.84	0.95	0.92		0.19	0.86	0.89	-0.32	0.87	0.25	0.91	0.59	0.77	0.84
Total Other Income Expense Net	0.96	0.19	0.19	0.31	0.28	0.23	0.03	0.03	0.14	0.33	0.12	0.18	0.19		0.16	0.03	-0.2	0.03	0.18	0.02	0.38	0.12	-0.02
Selling General Administrative	0.19	0.94	0.89	0.94	0.92	0.83	0.84	0.84	0.84	0.74	0.8	0.96	0.86	0.16		0.68	-0.55	0.77	0.4	0.79	0.72	0.79	0.7
Net Income From Continuing Ops	0.18	0.84	0.87	0.67	0.81	0.9	0.91	0.91	0.91	0.65	0.88	0.78	0.89	0.03	0.68		-0.17	0.93	0.12	0.88	0.35	0.75	0.87
Non Operating Income Net Other	-0.15	-0.45	-0.37	-0.58	-0.45	-0.3	-0.27	-0.27	-0.31	-0.29	-0.19	-0.53	-0.32	-0.2	-0.55	-0.17		-0.25	-0.31	-0.24	-0.48	-0.3	-0.08
Selling And Marketing Expenses	0.13	0.88	0.88	0.74	0.86	0.86	0.88	0.88	0.87	0.68	0.85	0.87	0.87	0.03	0.77	0.93	-0.25		0.35	0.88	0.41	0.76	0.86
Tax Provision	0.08	0.35	0.29	0.45	0.36	0.23	0.21	0.21	0.18	0.52	0.08	0.4	0.25	0.18	0.4	0.12	-0.31	0.35		0.11	0.46	0.0	-0.02
Interest Income	0.16	0.9	0.9	0.8	0.87	0.89	0.92	0.92	0.94	0.59	0.89	0.87	0.91	0.02	0.79	0.88	-0.24	0.88	0.11		0.53	0.88	0.96
Net Interest Income	0.32	0.63	0.6	0.87	0.65	0.54	0.52	0.52	0.59	0.49	0.49	0.65	0.59	0.38	0.72	0.35	-0.48	0.41	0.46	0.53		0.64	0.4
Reconciled Depreciation	0.22	0.79	0.78	0.79	0.79	0.74	0.75	0.76	0.81	0.44	0.83	0.79	0.77	0.12	0.79	0.75	-0.3	0.76	0.0	0.88	0.64		0.84
Extraordinary Items	0.13	0.82	0.83	0.68	0.78	0.83	0.86	0.86	0.88	0.49	0.85	0.8	0.84	-0.02	0.7	0.87	-0.08	0.86	-0.02	0.96	0.4	0.84

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Monster Beverage Account Relationship Matchups

Monster Beverage income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	77.8M	54.0M	54.1M	12.8M	115.1M	120.9M
Total Revenue	4.2B	4.6B	5.5B	6.3B	7.1B	7.5B
Gross Profit	2.5B	2.7B	3.1B	3.2B	3.8B	4.0B
Other Operating Expenses	2.8B	3.0B	3.7B	4.7B	8.5B	9.0B
Total Operating Expenses	1.1B	1.1B	1.3B	1.6B	1.8B	1.9B
Operating Income	1.4B	1.6B	1.8B	1.6B	2.0B	2.1B
Ebit	1.4B	1.6B	1.8B	1.6B	1.9B	2.0B
Ebitda	1.5B	1.7B	1.8B	1.6B	2.0B	2.1B
Net Income	1.1B	1.4B	1.4B	1.2B	1.6B	1.7B
Income Tax Expense	308.1M	216.6M	423.9M	380.3M	437.5M	459.4M
Depreciation And Amortization	64.8M	61.0M	50.2M	61.2M	68.9M	72.3M
Cost Of Revenue	1.7B	1.9B	2.4B	3.1B	3.3B	3.5B
Income Before Tax	1.4B	1.6B	1.8B	1.6B	2.1B	2.2B
Total Other Income Expense Net	13.0M	(7.0M)	4.0M	(12.8M)	115.1M	120.9M
Selling General Administrative	625.0M	610.7M	674.2M	1.1B	1.2B	1.3B
Net Income Applicable To Common Shares	1.1B	1.4B	1.4B	1.2B	1.4B	1.4B
Net Income From Continuing Ops	1.1B	1.4B	1.4B	1.2B	1.6B	899.7M
Non Operating Income Net Other	13.0M	(7.0M)	4.0M	(12.8M)	(14.7M)	(13.9M)
Selling And Marketing Expenses	514.1M	479.8M	631.5M	709.9M	752.5M	495.8M
Tax Provision	308.1M	216.6M	423.9M	380.3M	437.5M	386.2M
Net Interest Income	13.0M	(7.0M)	4.0M	(12.8M)	115.1M	120.9M
Reconciled Depreciation	64.8M	61.0M	50.2M	61.2M	68.9M	64.7M

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Monster Historical Income Statement

About Monster Income Statement Analysis

Monster Beverage Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Total Operating Expenses

Monster Beverage income statement Correlations

Monster Beverage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Monster Beverage income statement Accounts

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Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Gross Profit	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Gross Profit

Non Operating Income Net Other	- 0.58	Other Operating Expenses
Non Operating Income Net Other	- 0.55	Selling General Administrative
Non Operating Income Net Other	- 0.53	Cost Of Revenue
Net Interest Income	- 0.48	Non Operating Income Net Other
Non Operating Income Net Other	- 0.45	Total Operating Expenses
Non Operating Income Net Other	- 0.45	Total Revenue