Monster Beverage Corporation
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $425.4M | $442.0M | $367.0M | $452.7M | $413.9M | $397.4M | $301.7M | $322.4M |
| Depreciation & Amortization | $19.4M | $20.5M | $18.5M | $18.0M | $15.6M | $16.8M | $15.2M | $15.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.7M | $1.3M | $1.7M | $1.3M | $900.0K | $2.0M | $2.1M | $2.0M |
| Stock-Based Compensation | $18.8M | $22.5M | $16.4M | $17.9M | $18.6M | $16.1M | $14.9M | $16.6M |
| Net Cash from Operating Activities | $436.3M | $412.1M | $434.3M | $520.3M | $338.7M | $424.5M | $298.5M | $458.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $59.8M | $66.0M | $111.2M | $27.8M | $42.3M | $40.1M | $52.6M | $36.7M |
| Business Acquisitions | — | — | $0 | $363.4M | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $938.6M | $-35.3M | $166.6M | $-201.8M | $-105.4M | $-52.8M | $-103.6M | $-52.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $3.11B | $120.2M | $170.9M | $397.3M | $55.7M | $35.1M | $277.7M | $196.8M |
| Net Cash from Financing Activities | $-2.36B | $-84.7M | $-108.8M | $-396.0M | $-31.8M | $-6.0M | $-247.7M | $-190.3M |
| Net Change in Cash | $-1.01B | $278.8M | $523.8M | $-95.9M | $197.1M | $365.5M | $4.1M | $171.0M |
| Free Cash Flow | $376.5M | $346.1M | $323.1M | $492.5M | $296.4M | $384.4M | $245.9M | $421.8M |