Monster Beverage Corporation (MNST) financial statements (2021 and earlier)

Company profile

Business Address 1 MONSTER WAY
CORONA, CA 92879
State of Incorp.
Fiscal Year End December 31
SIC 2086 - Bottled and Canned Soft Drinks and Carbonated Waters (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0621,3319581,2025982,9201,151
Cash and cash equivalents1,1807986385293782,175370
Short-term investments881533321673221745781
Receivables666540485449448353280
Inventory, net of allowances, customer advances and progress billings333361278256162156175
Inventory333361278256162156175
Prepaid expense2529391396729
Disposal group, including discontinued operation      18
Other undisclosed current assets5555454115815261
Total current assets:3,1412,3161,8042,0861,4323,5831,693
Noncurrent Assets
Property, plant and equipment3152992432301739790
Long-term investments and receivables4413 221543
Long-term investments4413 221543
Intangible assets, net (including goodwill)2,3912,3842,3782,3662,3641,70851
Goodwill1,3321,3321,3321,3321,3321,280 
Intangible assets, net (excluding goodwill)1,0591,0521,0461,0341,03342851
Deferred income tax assets24285
Other noncurrent assets7054161422117
Other undisclosed noncurrent assets  869216026154
Total noncurrent assets:3,0622,8342,7232,7052,7212,093245
TOTAL ASSETS:6,2035,1504,5274,7914,1535,6751,939
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities518450411379310355192
Accounts payable297274249246193145128
Accrued liabilities14311411387808240
Employee-related liabilities55474035302218
Taxes payable2315101181076
Deferred revenue4544
Debt 4     
Deferred revenue and credits4443423250
Other undisclosed current liabilities187162146138118127114
Total current liabilities:750661601560471514356
Noncurrent Liabilities
Liabilities, other than long-term debt29231831533535335268
Deferred revenue and credits31233435335268
Deferred revenue264287
Other liabilities273131   
Total noncurrent liabilities:29231831533535335268
Total liabilities:1,042979916896824866424
Stockholders' equity
Stockholders' equity attributable to parent, including:5,1614,1713,6113,8953,3304,8091,515
Treasury stock, value(5,815)(5,220)(4,512)(3,170)(2,809)(556)(1,231)
Additional paid in capital4,5384,3984,2384,1514,0513,992426
Accumulated other comprehensive income (loss)3(32)(33)(17)(23)(22)(11)
Retained earnings6,4325,0223,9152,9282,1081,3952,331
Other undisclosed stockholders' equity attributable to parent3333311
Total stockholders' equity:5,1614,1713,6113,8953,3304,8091,515
TOTAL LIABILITIES AND EQUITY:6,2035,1504,5274,7914,1535,6751,939

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4,5994,2013,8073,3693,0492,7232,465
Revenue, net3,3693,0492,7232,465
Cost of revenue
(Cost of Goods and Services Sold)
(1,875)(1,682)(1,512)(1,231)(1,107)(1,090)(1,218)
Other undisclosed gross profit      93
Gross profit:2,7242,5192,2952,1381,9421,6321,340
Operating expenses(1,091)(1,116)(1,012)(939)(857)(900)(592)
Other undisclosed operating income     161 
Operating income:1,6331,4031,2841,1991,085894748
Nonoperating income (expense)(7)13103(6)(2)(2)
Gain on contract termination  273580  
Foreign currency transaction gain (loss), before tax (4)(4)(3)1063
Other nonoperating expense(7)      
Interest and debt expense(0)(0)     
Income from continuing operations before equity method investments, income taxes:1,6261,4161,2931,2021,080892746
Other undisclosed income from continuing operations before income taxes00     
Income from continuing operations before income taxes:1,6261,4161,2931,2021,080892746
Income tax expense(217)(308)(300)(381)(367)(345)(263)
Net income available to common stockholders, diluted:1,4101,108993821713547483

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,4101,108993821713547483
Comprehensive income:1,4101,108993821713547483
Other undisclosed comprehensive income (loss), net of tax, attributable to parent350(16)7(1)(10)(10)
Comprehensive income, net of tax, attributable to parent:1,4451,108977827711536473

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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