Monster Beverage Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,509	1,631	1,192	1,377
Depreciation & Amortization	80.43	68.9	61.24	50.16
Loss (Gain) From Sale of Assets	3.33	0.17	-0.19	-1.01
Asset Writedown & Restructuring Costs	135.28	43.04	2.2	-
Stock-Based Compensation	90.99	68.84	64.11	70.48
Other Operating Activities	1.82	-34.3	55.52	20.54
Change in Accounts Receivable	-93.92	-163.16	-128.98	-254.23
Change in Inventory	211.5	7.9	-347.71	-277.79
Change in Accounts Payable	-61.49	112.79	49.77	114.3
Change in Unearned Revenue	-17.36	-24.47	-19.91	-22.66
Change in Income Taxes	12.5	-17.09	-21.3	-3.7
Change in Other Net Operating Assets	56.4	24.16	-18.68	82.19
Operating Cash Flow	1,929	1,718	887.7	1,156
Operating Cash Flow Growth	12.27%	93.51%	-23.19%	-15.28%
Capital Expenditures	-264.07	-221.43	-188.73	-43.87
Sale of Property, Plant & Equipment	2.73	2.52	1.31	1.33
Cash Acquisitions	-	-363.39	-329.47	-
Sale (Purchase) of Intangibles	-42.36	-13.3	-23.43	-13.59
Investment in Securities	1,036	409.02	405.29	-924.54
Other Investing Activities	1.64	-6.83	-26.34	-11.35
Investing Cash Flow	733.73	-193.4	-161.37	-992.02
Short-Term Debt Issued	-	-	0.08	-
Long-Term Debt Issued	750	-	-	2.93
Total Debt Issued	750	-	0.08	2.93
Short-Term Debt Repaid	-8.22	-13.91	-	-
Long-Term Debt Repaid	-375	-	-	-
Total Debt Repaid	-383.22	-13.91	-	-
Net Debt Issued (Repaid)	366.78	-13.91	0.08	2.93
Issuance of Common Stock	78.97	130.27	64.02	45.72
Repurchase of Common Stock	-3,772	-658.95	-771.03	-13.83
Other Financing Activities	-2.9	-	-	-
Financing Cash Flow	-3,329	-542.6	-706.94	34.82
Foreign Exchange Rate Adjustments	-97.62	8.78	-38.72	-52.49
Net Cash Flow	-764.39	990.53	-19.32	146.05
Free Cash Flow	1,664	1,496	698.97	1,112
Free Cash Flow Growth	11.24%	114.07%	-37.14%	-15.47%
Free Cash Flow Margin	22.21%	20.96%	11.07%	20.06%
Free Cash Flow Per Share	1.64	1.41	0.66	1.04
Cash Interest Paid	25.27	0.36	0.43	0.13
Cash Income Tax Paid	476.22	423.22	380	420.52
Levered Free Cash Flow	1,315	1,058	448.83	877.28
Unlevered Free Cash Flow	1,315	1,058	448.85	877.29
Change in Working Capital	107.64	-59.87	-486.81	-361.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.