Monster Beverage (MNST)财务
NASDAQ · Consumer Defensive · Beverages - Non-Alcoholic · 员工6,332人 · CEO Hilton H. Schlosberg
- 股价
- $47.34 +2.14%
- 市值
- $927亿
- 企业价值
- $905亿
- 最近财报
- Q2 '26 2026-08-07提交
- 下次财报
- 2026-11-05 EPS预期 $0.30
营收(TTM)$92.2亿+20.4% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)29.2%+2.2 百分点 对比去年同期营业利润 $26.9亿
净利润(TTM)$21.3亿+35.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$21亿+14.0% 对比去年同期资本支出 $1.41亿
稀释EPS(TTM)$1.09+34.8% 对比去年同期最近4个季度之和
净现金$34.2亿+65.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $927亿 EV $905亿
- 营收
- $92.2亿 过去12个月
- 营收增速
- +18% FY2026年一致预期
- 净利润率
- 23.1% 净利润 / 营收,TTM
- P/E
- 43.4× 预期 40.9×(FY2026)
- P/S
- 10.1× 股价 / 营收,TTM
- EV / EBITDA
- 31.2× TTM
- 自由现金流
- $21亿 过去12个月
- 净利润
- $21.3亿 过去12个月
- 营收预期
- $97.6亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $24.9亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收超预期4.5%,EPS 超预期3.2%营收$25.4亿,预期$24.3亿(+4.5%);EPS $0.30,预期$0.29(+3.2%)。
- 营收增长加速:同比20.2%Q2 '26营收$25.4亿,此前四个季度的平均值为18.1%。
- 营业利润率29.2%(TTM),较去年同期+2.2 百分点营收增长20.4%,营业利润增长30.3%。
- 资本支出占营收的1.5%(去年为2.8%)最近4个季度投入$1.41亿(同比-34.1%)。自由现金流$21亿,相当于净利润的98.6%。
- 股东回报$2.21亿 = 自由现金流的10.5%回购$2.21亿(去年为$5.54亿),股息$0,股权激励$1.36亿(TTM)。
- 稀释股数一年内增加0.5%Q2 '26稀释股数19.8亿,一年前为19.7亿。
- 净现金 $34.2亿现金 + 短期投资 $34.2亿,含租赁债务 $0;一年前净现金 $20.7亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $25.4亿 | $21.1亿 | +20.2% |
| 毛利率 | 55.9% | 55.7% | +0.2 百分点 |
| 营业利润 | $7.4亿 | $6.32亿 | +17.2% |
| 营业利润率 | 29.2% | 29.9% | -0.7 百分点 |
| 净利润 | $5.85亿 | $4.89亿 | +19.6% |
| 稀释EPS | $0.30 | $0.25 | +20.0% |
| 经营现金流 | $5.09亿 | $4.66亿 | +9.3% |
| 资本支出 | $4840万 | $3140万 | +54.2% |
| 自由现金流 | $4.61亿 | $4.35亿 | +6.0% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $3570万 | $3310万 | +7.7% |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $25.4亿 | $24.3亿 | +4.5% |
| EPS(一致预期口径) | $0.30 | $0.29 | +3.2% |
来自2026-08-06发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Monster Energy Drinks | $23.6亿 | +21.6% | 93.1% | $85.6亿 | +21.5% | |
| Strategic Brands | $1.44亿 | +10.6% | 5.7% | $5.11亿 | +15.4% | |
| Alcohol Brands | $3220万 | -15.2% | 1.3% | $1.27亿 | -13.9% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| U.s. And Canada | $14.5亿 | +11.5% | 57.2% | $54亿 | +13.0% | |
| E M E A | $6.33亿 | +27.0% | 24.9% | $22.4亿 | +35.0% | |
| Latin America And Caribbean | $2.34亿 | +55.8% | 9.2% | $8.4亿 | +29.6% | |
| Asia Pacific | $2.19亿 | +35.4% | 8.6% | $7.39亿 | +29.4% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q2 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Monster Energy Drinks Segment | $23.6亿 | +21.6% | – | – | – | 39.1% | – |
| Strategic Brands Segment | $1.44亿 | +10.6% | – | – | – | 52.2% | – |
| Alcohol Brands Segment | $3220万 | -15.2% | – | – | – | -38.5% | – |
| All other segments | $543万 | -15.3% | – | – | – | 19.6% | – |
| Corporate (unallocated) | – | – | – | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $22.4亿
- 资本支出
- -$1.41亿
- 股票回购
- -$2.21亿
- 股息
- $0
- 收购
- $156万
- 债务净发行
- -$891万
- 股权激励费用
- $1.36亿
- 自由现金流
- $21亿
- 股东回报 / FCF
- 10.5%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 43.4× | 38.6× | 35.0× – 44.9× |
| EV / EBITDA | 31.2× | 27.7× | 24.6× – 31.9× |
| EV / 营收 | 9.8× | 8.2× | 6.9× – 8.9× |
| 股价 / FCF | 44.2× | 47.2× | 31.7× – 79.2× |
| 股价 / 净资产 | 9.9× | 8.1× | 7.3× – 9.1× |
| FCF收益率 | 2.3% | 2.3% | 1.3% – 3.2% |
| 投入资本回报率 | 21.3% | 19.7% | 16.5% – 22.1% |
| 净资产收益率 | 25.0% | 21.2% | 17.0% – 25.3% |
分析师
一致目标价 $84.68 (+78.9%)
区间 $50.00 – $104.00 · 评级 Buy
强烈买入1
买入22
持有18
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $97.6亿 | +17.7% | $1.16 | +19.5% | 40.9× | 10 |
| FY2027 | $107亿 | +9.6% | $1.31 | +12.9% | 36.2× | 12 |
| FY2028 | $117亿 | +9.4% | $1.48 | +12.9% | 32.0× | 8 |
| FY2029 | $129亿 | +10.1% | $1.66 | +12.7% | 28.4× | 5 |
| FY2030 | $135亿 | +4.9% | $1.77 | +6.2% | 26.8× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Monster Beverage Corporation在近期10-Q / 10-K文件中标记的全部224项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $7.54亿 | $4.89亿 | +54.1% | $5.66亿 | $4.67亿 | +21.3% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $19亿 | $15.2亿 | +24.9% | $16.2亿 | $12.2亿 | +32.5% |
| Accrued Income Taxes, Current | $5830万 | $2810万 | +107.4% | $3230万 | $401万 | +706.4% |
| Accrued Liabilities, Current | $3.36亿 | $2.59亿 | +29.6% | $3.06亿 | $2.21亿 | +38.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $3.72亿 | $3.38亿 | +10.0% | $3.39亿 | $2.95亿 | +14.8% |
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | -$1.08亿2025-12-31 | -$2.7亿 | +60.0% | -$1.08亿 | -$2.7亿 | +60.0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$1.13亿 | -$9130万 | -23.6% | -$6080万 | -$2.69亿 | +77.4% |
| Additional Paid in Capital, Common Stock | $55.7亿 | $52.9亿 | +5.4% | $54.3亿 | $51.4亿 | +5.6% |
| Amortization of Intangible Assets | $270万 | $430万 | -37.2% | $1930万 | $750万 | +157.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 90万 | 720万 | -87.5% | 650万 | 780万 | -16.7% |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | $126万2025-12-31 | – | – | $126万 | – | – |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $3520万 | $3180万 | +10.5% | $1.21亿 | $9090万 | +33.6% |
| Assets | $114亿 | $87.3亿 | +30.4% | $99.9亿 | $77.2亿 | +29.4% |
| Assets, Current | $64.1亿 | $44.3亿 | +44.6% | $53.6亿 | $36.4亿 | +47.2% |
| Basic Earnings Per Share, Pro Forma | $0.30 | $0.25 | +20.0% | – | – | – |
| Business Combination, Consideration Transferred, Liabilities Incurred | – | – | – | $4540万2023-12-31 | – | – |
| Capital Expenditures Incurred but Not yet Paid | $70万2026-03-31 | $400万 | -82.5% | $470万2016-12-31 | $60万 | +683.3% |
| Cash and Cash Equivalents, at Carrying Value | $21.9亿 | $19.3亿 | +13.8% | $20.9亿 | $15.3亿 | +36.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $21.9亿 | $19.3亿 | +13.8% | $20.9亿 | $15.3亿 | +36.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.53亿 | $2350万 | +549.7% | $5.55亿 | -$7.64亿 | +172.6% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 50亿 | 50亿 | 0.0% | 50亿 | 50亿 | 0.0% |
| Common Stock, Shares, Issued | 11.4亿 | 11.3亿 | +0.5% | 11.3亿 | 11.3亿 | +0.6% |
| Common Stock, Shares, Outstanding | 9.79亿 | 9.76亿 | +0.3% | 9.78亿 | 9.73亿 | +0.5% |
| Common Stock, Value, Outstanding | $568万 | $565万 | +0.5% | $567万 | $563万 | +0.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $5.41亿 | $6亿 | -9.9% | $21.1亿 | $13.6亿 | +54.9% |
| Contract with Customer, Liability | $1.99亿 | $2.19亿 | -9.1% | $2.05亿 | $2.25亿 | -8.7% |
| Contract with Customer, Liability, Current | $4770万 | $4930万 | -3.2% | $4530万 | $4580万 | -1.1% |
| Contract with Customer, Liability, Noncurrent | $1.51亿 | $1.7亿 | -10.8% | $1.6亿 | $1.79亿 | -10.6% |
| Contract with Customer, Liability, Revenue Recognized | $1000万 | $1000万 | 0.0% | $4000万 | $3990万 | +0.3% |
| Contractual Obligation | $7.47亿 | $4.91亿 | +52.0% | $5.7亿 | $4.75亿 | +20.1% |
| Contractual Obligation, to be Paid, after Year Five | $43.7万2025-12-31 | $9.5万 | +360.0% | $43.7万 | $9.5万 | +360.0% |
| Contractual Obligation, to be Paid, Year Five | $1040万2025-12-31 | $3820万 | -72.8% | $1040万 | $3820万 | -72.8% |
| Contractual Obligation, to be Paid, Year Four | $4890万2025-12-31 | $3970万 | +23.1% | $4890万 | $3970万 | +23.1% |
| Contractual Obligation, to be Paid, Year One | $3.18亿2025-12-31 | $2.58亿 | +23.3% | $3.18亿 | $2.58亿 | +23.3% |
| Contractual Obligation, to be Paid, Year Three | $7550万2025-12-31 | $4430万 | +70.7% | $7550万 | $4430万 | +70.7% |
| Contractual Obligation, to be Paid, Year Two | $1.17亿2025-12-31 | $9450万 | +23.8% | $1.17亿 | $9450万 | +23.8% |
| Cost of Goods and Services Sold | $11.2亿 | $9.35亿 | +19.5% | $36.6亿 | $34.4亿 | +6.3% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.08亿 | $2.74亿 | +12.5% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2.03亿 | $1.45亿 | +39.7% |
| Current Income Tax Expense (Benefit) | – | – | – | $5.73亿 | $4.74亿 | +20.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $6190万 | $5510万 | +12.4% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | – | – | – | $105万2024-12-31 | – | – |
| Debt Securities, Available-for-sale | $20.1亿 | $2.83亿 | +608.8% | $11.6亿 | – | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $1000 | $21万 | -99.5% | $126万 | – | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $592万 | $0 | – | $0 | – | – |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $02025-12-31 | – | – | $0 | – | – |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $592万 | $0 | – | $0 | – | – |
| DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss | $20.1亿 | $2.83亿 | +611.4% | $11.6亿 | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $30.4万 | $1140万 | -97.3% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$131万 | -$1280万 | +89.8% |
| Deferred Income Tax Assets, Net | $1.89亿 | $1.85亿 | +2.5% | $1.89亿 | $1.84亿 | +2.4% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$223万 | -$228万 | +1.9% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$123万 | -$90万 | -36.4% |
| Deferred Tax Assets, Deferred Income | $4820万2025-12-31 | $5380万 | -10.4% | $4820万 | $5380万 | -10.4% |
| Deferred Tax Assets, Gross | $3.82亿2025-12-31 | $3.64亿 | +4.9% | $3.82亿 | $3.64亿 | +4.9% |
| Deferred Tax Assets, Inventory | $1130万2025-12-31 | $1330万 | -14.5% | $1130万 | $1330万 | -14.5% |
| Deferred Tax Assets, Net | $1.35亿2025-12-31 | $1.37亿 | -1.9% | $1.35亿 | $1.37亿 | -1.9% |
| Deferred Tax Assets, Operating Loss Carryforwards | $2560万2025-12-31 | $3320万 | -22.7% | $2560万 | $3320万 | -22.7% |
| Deferred Tax Assets, Other | $8120万2025-12-31 | $7660万 | +6.0% | $8120万 | $7660万 | +6.0% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-01