Monster Beverage (Monster Beverage) Tax Rate % : 18.46% (As of Dec. 2023)

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What is Monster Beverage Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Monster Beverage's Tax Expense for the three months ended in Dec. 2023 was $83 Mil. Monster Beverage's Pre-Tax Income for the three months ended in Dec. 2023 was $450 Mil. Therefore, Monster Beverage's Tax Rate % for the quarter that ended in Dec. 2023 was 18.46%.

Monster Beverage Tax Rate % Historical Data

The historical data trend for Monster Beverage's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Monster Beverage Tax Rate % Chart

Monster Beverage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.76

13.32

23.53

24.20

21.15

Monster Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															23.34	20.12	23.21	22.20	18.46

Monster Beverage Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Monster Beverage's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	437.494	/	2068.482
	=	21.15 %

Monster Beverage's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	83.097	/	450.076
	=	18.46 %

Monster Beverage Tax Rate % Related Terms

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Monster Beverage (Monster Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Monster Beverage Corp (NAS:MNST) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MNST:Mexico MOB:Germany MOB:Germany MOB:Germany M1NS34:Brazil MNST:Austria

Address

1 Monster Way, Corona, CA, USA, 92879

Website

https://www.monsterbevcorp.com

Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.

Executives

Guy Carling	officer: President of EMEA	1 MONSTER WAY, CORONA CA 92879
Thomas J Kelly	officer: VP-Hansen Beverage Company	MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Mark Vidergauz	director	C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Ana Demel	director	1 MONSTER WAY, CORONA CA 92879
Mark J Hall	officer: Senior VP, Hansen Bev Co	MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
James L Dinkins	director	C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Steven G Pizula	director	1 MONSTER WAY, CORONA CA 92879
Emelie Tirre	officer: President of the Americas	1 MONSTER WAY, CORONA CA 92879
Gary P Fayard	director	ONE COCA COLA PLAZA, ATLANTA GA 30313
Tiffany M. Hall	director	1 MONSTER WAY, CORONA CA 92879
Jeanne P Jackson	director	537 NEWPORT CENTER DRIVE, #306, NEWPORT BEACH CA 92660
Hilton H Schlosberg	director, officer: Vice Chairman and President	C/O MONSTER BEVERAGE CORP, 1 MONSTER WAY, CORONA CA 92879
Rodney C Sacks	director, officer: Chairman and CEO	C/O HANSEN NATURAL CORP, 550 MONICA CIRCLE, SUITE 201, CORONA CA 92880
Sydney Selati	director	1 MONSTER WAY, CORONA CA 92879
Benjamin Polk	director	C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879