Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monster Beverage's retained earnings for the quarter that ended in Mar. 2026 was MXN178,951 Mil.
Monster Beverage's quarterly retained earnings
increased
from Sep. 2025 (MXN163,356 Mil) to Dec. 2025 (MXN168,429 Mil) and
increased
from Dec. 2025 (MXN168,429 Mil) to Mar. 2026 (MXN178,951 Mil).
Monster Beverage's annual retained earnings
increased
from Dec. 2023 (MXN100,823 Mil) to Dec. 2024 (MXN155,350 Mil) and
increased
from Dec. 2024 (MXN155,350 Mil) to Dec. 2025 (MXN168,429 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Monster Beverage Retained Earnings Historical Data
* Premium members only.
The historical data trend for Monster Beverage's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN178,951 Mil mean?
Monster Beverage (MEX:MNST) has a Retained Earnings of MXN178,951 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Monster Beverage and its competitors.
Is Monster Beverage's Retained Earnings too high?
Monster Beverage's current Retained Earnings is MXN178,951 Mil. Overall, Monster Beverage has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monster Beverage's Retained Earnings compare to KDP and COCSF?
Monster Beverage's Retained Earnings of MXN178,951 Mil can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Beverages - Non-Alcoholic company?
A good Retained Earnings depends on the Beverages - Non-Alcoholic industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Monster Beverage and its competitors. Monster Beverage's current Retained Earnings is MXN178,951 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monster Beverage stock overvalued right now?
Based on GuruFocus' analysis, Monster Beverage (MEX:MNST) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,448.82, compared to a current price of MXN1,715.00 — trading 18.4% above its estimated fair value. The current Retained Earnings is MXN178,951 Mil. Monster Beverage's overall GF Score™ is 98/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Monster Beverage (MEX:MNST), the current Retained Earnings is MXN178,951 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Monster Beverage (MEX:MNST) Overvalued in 2026?
Based on GuruFocus' analysis, Monster Beverage stock appears to be overvalued.
The current stock price of MXN1,715.00 is trading 18.4% above its estimated GF Value™ of MXN1,448.82.
GuruFocus considers Monster Beverage to be Modestly Overvalued.
Key valuation signals for MEX:MNST:
Retained Earnings: MXN178,951 Mil
GF Value™: MXN1,448.82 vs. price of MXN1,715.00 (18.4% above fair value)
No single metric tells the full story. See the MEX:MNST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monster Beverage is a leader in the energy drink category within the nonalcoholic ready-to-drink beverage market, generating two-thirds of revenue in the US 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, Bang, 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 co-packers 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, owning a 20% stake.
98GF Score
Get the complete analysis for MEX:MNST
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:MNST has been successfully added to your 
