Monster Beverage Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,293	1,533	2,298	1,307	1,326	1,180
Short-Term Investments	286.39	-	955.61	1,362	1,750	881.35
Cash & Short-Term Investments	2,579	1,533	3,253	2,669	3,076	2,062
Cash Growth	58.70%	-52.87%	21.87%	-13.22%	49.20%	54.90%
Accounts Receivable	1,601	1,216	1,189	1,015	896	665.94
Receivables	1,601	1,216	1,189	1,015	896	665.94
Inventory	704.59	737.11	971.41	935.63	593.36	333.09
Prepaid Expenses	142.71	107.26	116.2	109.82	82.67	55.36
Other Current Assets	38.37	48.19	58.77	34.75	33.89	24.8
Total Current Assets	5,066	3,642	5,589	4,765	4,682	3,141
Property, Plant & Equipment	1,111	1,102	949.64	554.91	336.91	337.41
Long-Term Investments	359.17	-	76.43	61.44	99.42	44.29
Goodwill	1,332	1,332	1,418	1,418	1,332	1,332
Other Intangible Assets	1,419	1,414	1,427	1,220	1,072	1,059
Long-Term Deferred Tax Assets	185.32	184.26	175	177.04	225.22	241.65
Other Long-Term Assets	138.91	45.17	51.37	96.47	57.1	47.72
Total Assets	9,611	7,719	9,687	8,293	7,805	6,203
Accounts Payable	683.03	466.78	564.38	444.27	404.26	296.8
Accrued Expenses	802.05	558.24	521.3	487.88	482	377.71
Current Portion of Leases	18.16	16.74	17.54	8.5	4.95	3.97
Current Income Taxes Payable	40.02	4.01	14.96	13.32	30.4	23.43
Current Unearned Revenue	47.16	45.81	41.91	43.31	42.53	45.43
Other Current Liabilities	-	5.95	1.61	4.7	0.93	2.65
Total Current Liabilities	1,590	1,098	1,162	1,002	965.08	749.99
Long-Term Debt	-	373.95	-	-	-	-
Long-Term Leases	42.17	43.9	48.48	29.63	17.43	17.37
Long-Term Unearned Revenue	164.7	179.01	204.25	223.8	243.25	264.44
Other Long-Term Liabilities	68.83	67	43.36	12.66	12.08	10.07
Total Liabilities	1,866	1,761	1,458	1,268	1,238	1,042
Common Stock	5.66	5.63	5.61	6.42	3.2	3.19
Additional Paid-In Capital	5,344	5,145	4,975	4,777	4,653	4,538
Retained Earnings	8,905	7,449	5,940	9,001	7,810	6,432
Treasury Stock	-6,416	-6,372	-2,566	-6,600	-5,829	-5,815
Comprehensive Income & Other	-93.38	-269.49	-125.34	-159.07	-69.17	3.03
Shareholders' Equity	7,745	5,958	8,229	7,025	6,567	5,161
Total Liabilities & Equity	9,611	7,719	9,687	8,293	7,805	6,203
Total Debt	60.32	434.59	66.02	38.13	22.38	21.34
Net Cash (Debt)	2,519	1,099	3,187	2,631	3,054	2,040
Net Cash Growth	208.30%	-65.53%	21.13%	-13.84%	49.66%	56.83%
Net Cash Per Share	2.56	1.08	3.01	2.47	2.85	1.91
Filing Date Shares Outstanding	977.02	973.16	1,041	1,045	1,059	1,056
Total Common Shares Outstanding	977	973.08	1,042	1,045	1,059	1,056
Working Capital	3,476	2,544	4,427	3,763	3,717	2,391
Book Value Per Share	7.93	6.12	7.90	6.73	6.20	4.89
Tangible Book Value	4,994	3,212	5,384	4,387	4,163	2,770
Tangible Book Value Per Share	5.11	3.30	5.17	4.20	3.93	2.62
Land	181.59	178.06	152.25	139.8	85.46	85.88
Buildings	402.48	280.66	211.95	163.89	148.97	156.62
Machinery	771.21	673.42	538.32	325.59	264.78	258.45
Construction In Progress	73.5	178.98	211.56	83.55	20.13	-
Leasehold Improvements	43.03	31.13	37.95	31.33	11.8	11.52

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