Monster Beverage Corporation
MNSTNASDAQConsumer Staples · Bottled & Canned Soft Drinks & Carbonated Waters
Market cap
$85.17B
Employees
6,891
Exchange
NASDAQ
Headquarters
CORONA, CA
About Monster Beverage Corporation
Monster Beverage is a leader in the energy drink category within the nonalcoholic ready-to-drink beverage market, generating two-thirds of revenue in the US and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, Bang, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to co-packers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster, owning a 20% stake.
Industry
Bottled & Canned Soft Drinks & Carbonated Waters
Sector
Consumer Staples
Country
US
Website
www.monsterbevcorp.com