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Dec 31, 2020
Monster Beverage Q4 2020 Earnings Report
Reported record fourth quarter net sales with a significant increase in net income due to a non-recurring tax benefit.
Key Takeaways
Monster Beverage Corporation reported a strong fourth quarter with a 17.6% increase in net sales, reaching $1.20 billion. Net income increased by 85.0% to $471.7 million, which included a $165.1 million non-recurring tax benefit. The company's Monster Energy Drinks segment saw a 17.7% increase in net sales.
Net sales for the fourth quarter increased by 17.6% to $1.20 billion.
Net income for the fourth quarter increased by 85.0% to $471.7 million, including a $165.1 million non-recurring tax benefit.
Net sales for Monster Energy Drinks segment increased 17.7% to $1.12 billion.
Net sales to customers outside the United States increased 20.4% to $384.8 million.
Monster Beverage
Monster Beverage
Monster Beverage Revenue by Segment
Monster Beverage Revenue by Geographic Location
Revenue by Segment
Monster Energy Drinks Revenue
CapyFin.comStrategic Brands Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
The Company posted record fourth quarter net sales and profits, despite the continuing impact of the COVID-19 pandemic in most of our markets.
Revenue & Expenses
Visualization of income flow from segment revenue to net income