MNST Monster Beverage margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 91

Gross margin

55.3%

Operating margin

28.5%

EBITDA margin

31.1%

Net margin

22.7%

At present, Monster Beverage reports a gross margin of 55.3%, an operating margin of 28.5%, an EBITDA margin of 31.1%, and a net margin of 22.7%. The strongest positive change was in net margin, higher by 1 percentage points. The strongest negative change was in gross margin, lower by 0.5 percentage points.

MNST margin history

Gross, operating, EBITDA and net margin trends

Monster Beverage's margins averaged 54.65% gross, 27.7% operating, 30.04% EBITDA, and 22.05% net during the last 3 years. Currently all four current margins are above their three-year averages.

MNST margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 0.2 percentage points, EBITDA margin by 0.8 percentage points, and net margin by 1 percentage point, but gross margin contracted by 0.5 percentage points.

Gross margin expansion

-0.5pp

Operating margin expansion

0.2pp

EBITDA margin expansion

0.8pp

Net margin expansion

1pp

MNST Gross margin

Monster Beverage recorded an average gross margin of 54.65% across the last 3 years. As of the latest period, Monster Beverage's current gross margin is 55.3%, which is 0.7 percentage points above its three-year average. Looking back over the last 3 years, Monster Beverage's gross margin reached 55.8% at its highest point in Dec 2025 and 53.1% at its lowest in Dec 2023.

MNST Operating margin

The average operating margin for Monster Beverage was 27.7% during the last 3 years. Against its three-year average, Monster Beverage's operating margin is currently 28.5%, 0.8 percentage points above its three-year average. The operating margin for Monster Beverage moved between 25.8% in Dec 2024 and 29.3% in Mar 2026.

MNST EBITDA margin

Across the last 3 years, Monster Beverage had an average EBITDA margin of 30.04%. Monster Beverage's current EBITDA margin is 31.1% and is 1.1 percentage points above its three-year average. Looking back over the last 3 years, Monster Beverage's EBITDA margin reached 31.7% at its highest point in Mar 2026 and 27.8% at its lowest in Dec 2024.

MNST Net margin

Over the last 3 years, Monster Beverage's net margin averaged 22.05%. The current net margin of 22.7% is 0.7 percentage points above its three-year average. During this period, net margin reached a high of 23.1% in Jun 2026 and a low of 20.1% in Dec 2024.

MNST margin group comparison

Margins compared with peer-group, industry and sector averages

Monster Beverage's gross margin of 55.3% is above the Consumer Defensive sector and the industry average. Looking at its Consumer Defensive sector average of 36.4%, Monster Beverage's gross margin is 52% higher.

MNST margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Monster Beverage's gross margin?

For the period ending Sep 30, 2026, MNST recorded a gross margin of 55.3%.

What is Monster Beverage's operating margin?

For the period ending Sep 30, 2026, MNST recorded an operating margin of 28.5%.

What is Monster Beverage's EBITDA margin?

The current EBITDA margin for MNST is 31.1% as of Sep 30, 2026.

What is Monster Beverage's net margin?

For the period ending Sep 30, 2026, MNST recorded a net margin of 22.7%.

What are the average margins of MNST?

Monster Beverage's average margins over the last 3 years were 54.7% gross, 27.7% operating, 30.0% EBITDA, and 22.1% net.

What are the highest historical margins of MNST?

Within the 5-year period, MNST recorded its highest margins at 56.1% gross in Dec 2021, 32.4% operating in Dec 2021, 33.5% EBITDA in Dec 2021, and 24.9% net in Dec 2021.

What are the lowest historical margins of MNST?

Across the 5-year period, MNST posted its lowest margins at 50.3% gross in Dec 2022, 25.1% operating in Dec 2022, 26% EBITDA in Dec 2022, and 18.9% net in Dec 2022.