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Monster Beverage (LTS:0K34) 1-Year ROIIC % : 51.10% (As of Dec. 2023)


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What is Monster Beverage 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Monster Beverage's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 51.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Monster Beverage's 1-Year ROIIC % or its related term are showing as below:

LTS:0K34's 1-Year ROIIC % is ranked better than
79.25% of 106 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.83 vs LTS:0K34: 51.10

Monster Beverage 1-Year ROIIC % Historical Data

The historical data trend for Monster Beverage's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.56 131.57 -10.81 -20.01 51.10

Monster Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-Year ROIIC % 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 -20.01 -35.16 88.19 38.86 51.10

Competitive Comparison of Monster Beverage's 1-Year ROIIC %

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Monster Beverage's 1-Year ROIIC % falls into.



Monster Beverage 1-Year ROIIC % Calculation

Monster Beverage's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1540.2204175 (Dec. 2023) - 1201.218518 (Dec. 2022) )/( 5400.859 (Dec. 2023) - 4737.446 (Dec. 2022) )
=339.0018995/663.413
=51.10%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Monster Beverage  (LTS:0K34) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Monster Beverage 1-Year ROIIC % 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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