Monster Beverage management check
MNST · Consumer Staples · Soft Drinks & Non-alcoholic Beverages · CEO Hilton H. Schlosberg
Filings as of
3 good · 3 to watch · 1 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $166, against $124 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.98 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.0% of net income$19.3m of reported pay in fiscal 2025, against $1.9bn of net income.
- Watch
Do they own the stock?
Insiders are selling4 insiders sold $15.5m in the last six months and none bought.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -3.5% a year over the last three fiscal years. Stock-based pay was 1.5% of revenue in the latest year.
- Watch
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: Hilton H. Schlosberg, Rodney C. Sacks. 7 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Flag
Are the books clean?
Red flags on file1 auditor change (8-K 4.01) since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Staples.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 92 | 31 | |
| Pay for performance | 99 | 84 | |
| CEO cost | 50 | 40 | |
| Skin in the game | — | — | 65 |
| Dilution | 94 | 60 | |
| Stable leadership | 50 | 70 | |
| Clean books | 30 | 100 |
Closest peers
Others in Soft Drinks & Non-alcoholic Beverages, by management score. Monster Beverage is 13th of 33 in its sector.
- 58KOCoca-Cola Company (The)80
- 70PEPPepsiCo78
- 180SYYSysco70
- 185STZConstellation Brands70
- 193MNSTMonster Beverage69
- 367KDPKeurig Dr Pepper57
Pay versus performance
From the proxy statement filed March 27, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Hilton H. Schlosberg, Rodney C. Sacks | $19.3m | $56.3m | $3.3m | $166 | $124 | $1.9bn |
| 2024 | — | $17.7m | $18.9m | $2.6m | $114 | $120 | $1.5bn |
| 2023 | — | $17.9m | $24.0m | $3.2m | $125 | $120 | $1.6bn |
| 2022 | — | $15.4m | $20.1m | $2.8m | $110 | $123 | $1.2bn |
| 2021 | — | $16.7m | $18.1m | $2.0m | $104 | $116 | $1.4bn |
The board says pay is tied most to adjusted operating income. Its other key measures: Adjusted operating income, Adjusted diluted EPS.
Insiders and the CEO's stake
Hilton H Schlosberg (Vice Chairman and CEO) held 2,705,846 shares directly after their latest Form 4 on Sep 14, 2026.
4 insiders sold $15.5m in the last six months and none bought.
- SoldEmelie TirreChief Strategy Officer$8.5mMay 14, 2026
- SoldMark J HallDirector$4.6mMay 14, 2026
- SoldGuy CarlingCEO, EMEA and OSP$1.7mJun 10, 2026
- SoldThomas J KellyChief Financial Officer$615kMay 13, 2026
Leadership and governance on file
- Sep 25, 2026Leadership change8-K 5.02
- Sep 4, 2026Leadership change8-K 5.02
- Jun 4, 2026Leadership change8-K 5.02
- Apr 17, 2025Leadership change8-K 5.02
- Mar 10, 2025Leadership change8-K 5.02
- Nov 7, 2024Leadership change8-K 5.02
- Jun 14, 2024Leadership change8-K 5.02
- Jan 13, 2023Auditor change8-K 4.01
- Apr 25, 2022Leadership change8-K 5.02
- Jan 4, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 15, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $5.3bn returned to owners in buybacks and dividends, and $420.1m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.5bn | $6.3bn | $7.1bn | $7.5bn | $8.3bn |
| Net income | — | — | — | — | — |
| Stock-based pay | $70.5m | $64.1m | $68.8m | $91.0m | $125.7m |
| Buybacks | $13.8m | $771.0m | $659.0m | $3.8bn | $103.6m |
| Dividends | — | — | — | — | — |
| Diluted shares | 1071m | 1066m | 1058m | 1013m | 984m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.