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Monster Beverage (LTS:0K34) Pretax Margin % : 30.42% (As of Mar. 2024)


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What is Monster Beverage Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Monster Beverage's Pre-Tax Income for the three months ended in Mar. 2024 was $578 Mil. Monster Beverage's Revenue for the three months ended in Mar. 2024 was $1,899 Mil. Therefore, Monster Beverage's pretax margin for the quarter that ended in Mar. 2024 was 30.42%.

The historical rank and industry rank for Monster Beverage's Pretax Margin % or its related term are showing as below:

LTS:0K34' s Pretax Margin % Range Over the Past 10 Years
Min: 24.91   Med: 33.23   Max: 35.67
Current: 29.27


LTS:0K34's Pretax Margin % is ranked better than
92.73% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.77 vs LTS:0K34: 29.27

Monster Beverage Pretax Margin % Historical Data

The historical data trend for Monster Beverage's Pretax Margin % 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.

* Premium members only.

Monster Beverage Pretax Margin % Chart

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.71 35.36 32.51 24.91 28.97

Monster Beverage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.29 29.06 31.35 26.01 30.42

Competitive Comparison of Monster Beverage's Pretax Margin %

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monster Beverage's Pretax Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Monster Beverage's Pretax Margin % falls into.



Monster Beverage Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Monster Beverage's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2068.482/7140.027
=28.97 %

Monster Beverage's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=577.745/1899.098
=30.42 %

* 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.


Monster Beverage  (LTS:0K34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Monster Beverage Pretax Margin % Related Terms

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Monster Beverage (LTS:0K34) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
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.

Monster Beverage (LTS:0K34) Headlines

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