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Monster Beverage Corp. pages available for free this week:
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Solvency Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Price to Operating Profit (P/OP) since 2005
- Analysis of Debt
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Calculation
P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Feb 29, 2024 | = | ÷ | = | ÷ | |||||||
Mar 1, 2023 | = | ÷ | = | ÷ | |||||||
Feb 28, 2022 | = | ÷ | = | ÷ | |||||||
Mar 1, 2021 | = | ÷ | = | ÷ | |||||||
Feb 28, 2020 | = | ÷ | = | ÷ | |||||||
Feb 28, 2019 | = | ÷ | = | ÷ | |||||||
Mar 1, 2018 | = | ÷ | = | ÷ | |||||||
Mar 1, 2017 | = | ÷ | = | ÷ | |||||||
Feb 29, 2016 | = | ÷ | = | ÷ | |||||||
Mar 2, 2015 | = | ÷ | = | ÷ | |||||||
Mar 3, 2014 | = | ÷ | = | ÷ | |||||||
Mar 1, 2013 | = | ÷ | = | ÷ | |||||||
Feb 29, 2012 | = | ÷ | = | ÷ | |||||||
Mar 1, 2011 | = | ÷ | = | ÷ | |||||||
Mar 1, 2010 | = | ÷ | = | ÷ | |||||||
Mar 2, 2009 | = | ÷ | = | ÷ | |||||||
Feb 29, 2008 | = | ÷ | = | ÷ | |||||||
Jun 6, 2007 | = | ÷ | = | ÷ | |||||||
Mar 15, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Monster Beverage Corp. Annual Report.
The financial data presents a comprehensive view of the company's share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over multiple fiscal years spanning from 2006 to 2024.
- Share Price Trends
- The share price experienced significant growth over the analyzed period. Starting at $2.36 in early 2006, it generally followed an upward trajectory with occasional fluctuations. Notable increases are observed between 2010 and 2015, where the share price rose from $3.49 to $23.54, and again from 2018 to 2024, reaching $59.10 in early 2024. Some minor declines occurred, for instance between 2015 and 2016, where the price dipped from $23.54 to $20.92, and between 2021 and 2022, falling slightly from $43.78 to $42.20. Overall, the long-term trend indicates substantial appreciation in market valuation.
- Earnings Per Share (EPS) Developments
- EPS shows a consistent upward trend, indicating improving profitability per share over the years. From a modest $0.06 per share in 2006, EPS increased steadily with some small fluctuations. Notably, EPS crossed the $1.00 threshold in 2020 at $1.03 and reached $1.57 by 2024. This growth in earnings is indicative of strengthened operational performance and potential earnings power enhancement.
- Price-to-Earnings (P/E) Ratio Behavior
- The P/E ratio exhibits volatility, reflecting market sentiment and valuation changes relative to earnings. The ratio started at 40.25 in 2006, fluctuating widely across the years, with lows around 17.69 in 2010 and highs nearing 49.70 in 2015. The P/E ratio generally does not mirror the steady increase in EPS and share price, instead showing periods of expansion and contraction that suggest varying investor expectations and possibly external market conditions. The ratio remained relatively elevated in the final years, peaking above 43 in 2023 and settling at 37.71 in 2024, which may imply the market continues to value future growth prospects despite higher earnings.
In summary, the company demonstrated robust growth in share price and EPS, signaling enhanced shareholder value creation and improved profitability over the analyzed period. The fluctuating P/E ratio suggests that investor valuation multiples have been influenced by factors beyond immediate earnings, such as market conditions or growth expectations. This pattern indicates a growing company with evolving market perceptions and sustained earning power.
Comparison to Competitors
Monster Beverage Corp. | Coca-Cola Co. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
---|---|---|---|---|---|
Feb 29, 2024 | |||||
Mar 1, 2023 | |||||
Feb 28, 2022 | |||||
Mar 1, 2021 | |||||
Feb 28, 2020 | |||||
Feb 28, 2019 | |||||
Mar 1, 2018 | |||||
Mar 1, 2017 | |||||
Feb 29, 2016 | |||||
Mar 2, 2015 | |||||
Mar 3, 2014 | |||||
Mar 1, 2013 | |||||
Feb 29, 2012 | |||||
Mar 1, 2011 | |||||
Mar 1, 2010 | |||||
Mar 2, 2009 | |||||
Feb 29, 2008 | |||||
Jun 6, 2007 | |||||
Mar 15, 2006 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Monster Beverage Corp. | Food, Beverage & Tobacco | |
---|---|---|
Feb 29, 2024 | ||
Mar 1, 2023 | ||
Feb 28, 2022 | ||
Mar 1, 2021 | ||
Feb 28, 2020 | ||
Feb 28, 2019 | ||
Mar 1, 2018 | ||
Mar 1, 2017 | ||
Feb 29, 2016 | ||
Mar 2, 2015 | ||
Mar 3, 2014 | ||
Mar 1, 2013 | ||
Feb 29, 2012 | ||
Mar 1, 2011 | ||
Mar 1, 2010 | ||
Mar 2, 2009 | ||
Feb 29, 2008 | ||
Jun 6, 2007 | ||
Mar 15, 2006 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Monster Beverage Corp. | Consumer Staples | |
---|---|---|
Feb 29, 2024 | ||
Mar 1, 2023 | ||
Feb 28, 2022 | ||
Mar 1, 2021 | ||
Feb 28, 2020 | ||
Feb 28, 2019 | ||
Mar 1, 2018 | ||
Mar 1, 2017 | ||
Feb 29, 2016 | ||
Mar 2, 2015 | ||
Mar 3, 2014 | ||
Mar 1, 2013 | ||
Feb 29, 2012 | ||
Mar 1, 2011 | ||
Mar 1, 2010 | ||
Mar 2, 2009 | ||
Feb 29, 2008 | ||
Jun 6, 2007 | ||
Mar 15, 2006 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).