Monster Beverage
Monster Beverage returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 31.38% | — | 25.7% | 21.16% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 32.18% | — | 26.65% | 21.31% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 31.91% | — | 26.81% | 21.52% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 30.45% | — | 25.54% | 19.55% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 28.7% | — | 24.1% | 18.74% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 24.67% | — | 20% | 16.48% | — |
| FY 2024 Q4 | Dec 31, 2024 | 27.29% | 25.49% | — | 21.27% | 17.34% | 19.6 pp |
| FY 2024 Q3 | Sep 30, 2024 | — | 26.54% | — | 23.52% | 18.49% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 26.85% | — | 24.62% | 19.48% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 24.33% | — | 20.98% | 17.69% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 24.7% | — | 21.38% | 18.14% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 25.15% | — | 21.32% | 17.87% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 23.99% | — | 19.59% | 16.46% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 22.57% | — | 18.16% | 15.21% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 22.43% | — | 17.53% | 14.8% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 23.58% | — | 18.55% | 15.48% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 24.57% | — | 19.29% | 16.08% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 27.66% | — | 22.01% | 18.43% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 29.25% | — | 23.49% | 19.67% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 31.24% | — | 28.1% | 23.24% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 33.65% | — | 30.38% | 25.08% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 33.9% | — | 30.99% | 25.33% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 32.85% | — | 30.21% | 24.83% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | 33.12% | — | 27.3% | 22.02% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 33.37% | — | 27.64% | 22.26% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 35.5% | — | 29.73% | 23.6% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 33.34% | — | 28.47% | 22.9% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 32.24% | — | 27.3% | 21.82% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 32.18% | — | 27.69% | 22.04% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 31.96% | — | 27.42% | 22.1% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | — | — | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | — | — | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 43.49% | — | — | 23.19% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · MNST, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.