Monster Beverage Corporation (MNST) Return on Invested Capital (ROIC): 21.74%
Is Monster Beverage Corporation’s return on invested capital (ROIC) high or low?
Monster Beverage Corporation's return on invested capital (ROIC) of 21.74% is in line with its 5-year average of 20.74%, around the middle of its 5-year range (16.48%–25.96%).
The return on invested capital (ROIC) for Monster Beverage Corporation (MNST) is 21.74% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.84% (21.92%).
MNST Return on Invested Capital (ROIC) Chart
MNST Average Return on Invested Capital (ROIC) Chart
MNST Current vs Average Return on Invested Capital (ROIC) Chart
MNST Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
21.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
19.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
20.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
20.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
23.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
25.84%
CURRENT VS TTM AVG
-0.84%
CURRENT VS 3Y AVG
+10.92%
CURRENT VS 5Y AVG
+4.80%
CURRENT VS 10Y AVG
+7.03%
CURRENT VS 15Y AVG
-8.11%
CURRENT VS 20Y AVG
-15.88%
MNST Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Monster Beverage Corporation (MNST) | $88.90B | 21.74% | 21.92% | 19.60% | 20.74% |
| Colgate-Palmolive Company (CL) | $71.39B | 30.34% | 30.45% | 27.00% | 26.68% |
| Target Corporation (TGT) | $57.99B | 9.76% | 10.43% | 10.92% | 12.67% |
| Altria Group, Inc. (MO) | $121.70B | 42.95% | 38.08% | 34.38% | 29.75% |
| Keurig Dr Pepper Inc. (KDP) | $43.78B | 5.62% | 5.39% | 5.34% | 5.09% |
| The Kroger Co. (KR) | $39.49B | 4.70% | 6.45% | 6.53% | 7.44% |
| Sysco Corporation (SYY) | $37.68B | 13.03% | 14.02% | 14.34% | 13.24% |
| Kimberly-Clark Corporation (KMB) | $33.79B | 17.62% | 21.69% | 19.65% | 19.56% |
| Kellanova (K) | $29.03B | 12.91% | 11.40% | 9.39% | 9.27% |
| Constellation Brands, Inc. (STZ) | $24.31B | 10.48% | 8.66% | 6.61% | 5.88% |
Capital Efficiency
ROIC
21.7%
ROE
23.3%
Monster Beverage Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Monster Beverage Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The return on invested capital (ROIC) for MNST stock is 21.74%.
- Is Monster Beverage Corporation's return on invested capital (ROIC) high or low?
- Monster Beverage Corporation's return on invested capital (ROIC) of 21.74% is in line with its 5-year average of 20.74%, around the middle of its 5-year range (16.48%–25.96%).
- What is the TTM average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The TTM average return on invested capital (ROIC) for MNST stock is 21.92%.
- What is the 3Y average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The 3Y average return on invested capital (ROIC) for MNST stock is 19.60%.
- What is the 5Y average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The 5Y average return on invested capital (ROIC) for MNST stock is 20.74%.
- What is the 10Y average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The 10Y average return on invested capital (ROIC) for MNST stock is 20.31%.
- What is the 15Y average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The 15Y average return on invested capital (ROIC) for MNST stock is 23.66%.
- What is the 20Y average return on invested capital (ROIC) for Monster Beverage Corporation (MNST)?
- The 20Y average return on invested capital (ROIC) for MNST stock is 25.84%.
Monster Beverage Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 21.74% |
| 2024-12-31 | 22.11% |
| 2023-12-31 | 18.07% |
| 2022-12-31 | 16.48% |
| 2021-12-31 | 20.10% |
| 2020-12-31 | 25.96% |
| 2019-12-31 | 24.45% |
| 2018-12-31 | 25.11% |
| 2017-12-31 | 19.35% |
| 2016-12-31 | 19.45% |
| 2015-12-31 | 10.62% |
| 2014-12-31 | 30.59% |
| 2013-12-31 | 31.15% |
| 2012-12-31 | 45.17% |
| 2011-12-31 | 26.06% |
| 2010-12-31 | 22.14% |
| 2009-12-31 | 29.27% |
| 2008-12-31 | 17.70% |
| 2007-12-31 | 31.13% |
| 2006-12-31 | 38.95% |
| 2005-12-31 | 47.14% |
| 2004-12-31 | 31.95% |
| 2003-12-31 | 15.41% |
| 2002-12-31 | 9.11% |
| 2001-12-31 | 9.99% |
| 2000-12-31 | 12.42% |
| 1999-12-31 | 20.83% |
| 1998-12-31 | 20.37% |
| 1997-12-31 | 13.77% |
| 1996-12-31 | 6.57% |
Related Metrics
About Monster Beverage Corporation
Monster Beverage Corporation is a global entity primarily involved in the innovation, marketing, sale, and distribution of energy beverages and concentrates. Its business operations are categorized into three main divisions: Monster Energy Drinks, Strategic Brands, and a segment designated as "Other." The company boasts an extensive product portfolio, encompassing a wide array of carbonated energy drinks, alongside various non-carbonated options. These include ready-to-drink iced teas, lemonades, diverse juice cocktails, single-serving juices, and fruit beverages. Additionally, their offerings extend to ready-to-drink dairy and coffee-based concoctions, specialized sports drinks, single-serve still waters, and a selection of sodas described as natural, sparkling juices, and flavored sparkling beverages. Monster Beverage distributes its products through a comprehensive network, supplying bottlers and full-service beverage distributors. They also engage in direct sales to a multitude of retail outlets, including grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience stores, pharmacies, foodservice clients, value retailers, e-commerce platforms, and military establishments. Furthermore, the company provides concentrates and beverage bases to its authorized bottling and canning partners. Under its corporate umbrella, the company manages a vast collection of brands. Notable examples include the Monster Energy line (e.g., Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro), Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, and the Monster Hydro series (Energy Water, Super Sport, Super Fuel). Other significant brands feature Monster Dragon Tea, Reign Total Body Fuel, Reign Inferno Thermogenic Fuel, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, Fury, and True North. Founded in 1985 under its previous name, Hansen Natural Corporation, the company rebranded to Monster Beverage Corporation in January 2012. Its corporate headquarters are located in Corona, California.
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- CEO
- Hilton H. Schlosberg