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Side-by-side financial comparison of Monster Beverage (MNST) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Monster Beverage is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Primoris Services Corp). Monster Beverage runs the higher net margin — 21.1% vs 2.8%, a 18.3% gap on every dollar of revenue. On growth, Monster Beverage posted the faster year-over-year revenue change (17.6% vs 6.7%). Monster Beverage produced more free cash flow last quarter ($351.2M vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 5.9%).

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

MNST vs PRIM — Head-to-Head

Bigger by revenue
MNST
MNST
1.1× larger
MNST
$2.1B
$1.9B
PRIM
Growing faster (revenue YoY)
MNST
MNST
+10.9% gap
MNST
17.6%
6.7%
PRIM
Higher net margin
MNST
MNST
18.3% more per $
MNST
21.1%
2.8%
PRIM
More free cash flow
MNST
MNST
$230.1M more FCF
MNST
$351.2M
$121.1M
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
5.9%
MNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MNST
MNST
PRIM
PRIM
Revenue
$2.1B
$1.9B
Net Profit
$449.2M
$51.7M
Gross Margin
55.5%
9.4%
Operating Margin
25.5%
4.2%
Net Margin
21.1%
2.8%
Revenue YoY
17.6%
6.7%
Net Profit YoY
65.9%
-4.2%
EPS (diluted)
$0.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MNST
MNST
PRIM
PRIM
Q4 25
$2.1B
$1.9B
Q3 25
$2.2B
$2.2B
Q2 25
$2.1B
$1.9B
Q1 25
$1.9B
$1.6B
Q4 24
$1.8B
$1.7B
Q3 24
$1.9B
$1.6B
Q2 24
$1.9B
$1.6B
Q1 24
$1.9B
$1.4B
Net Profit
MNST
MNST
PRIM
PRIM
Q4 25
$449.2M
$51.7M
Q3 25
$524.5M
$94.6M
Q2 25
$488.8M
$84.3M
Q1 25
$443.0M
$44.2M
Q4 24
$270.7M
$54.0M
Q3 24
$370.9M
$58.4M
Q2 24
$425.4M
$49.5M
Q1 24
$442.0M
$18.9M
Gross Margin
MNST
MNST
PRIM
PRIM
Q4 25
55.5%
9.4%
Q3 25
55.7%
10.8%
Q2 25
55.7%
12.3%
Q1 25
56.5%
10.4%
Q4 24
55.3%
10.6%
Q3 24
53.2%
12.0%
Q2 24
53.6%
11.9%
Q1 24
54.1%
9.4%
Operating Margin
MNST
MNST
PRIM
PRIM
Q4 25
25.5%
4.2%
Q3 25
30.7%
6.3%
Q2 25
29.9%
6.7%
Q1 25
30.7%
4.3%
Q4 24
21.0%
5.0%
Q3 24
25.5%
6.0%
Q2 24
27.7%
5.5%
Q1 24
28.5%
3.1%
Net Margin
MNST
MNST
PRIM
PRIM
Q4 25
21.1%
2.8%
Q3 25
23.9%
4.3%
Q2 25
23.1%
4.5%
Q1 25
23.9%
2.7%
Q4 24
14.9%
3.1%
Q3 24
19.7%
3.5%
Q2 24
22.4%
3.2%
Q1 24
23.3%
1.3%
EPS (diluted)
MNST
MNST
PRIM
PRIM
Q4 25
$0.94
Q3 25
$1.73
Q2 25
$1.54
Q1 25
$0.81
Q4 24
$0.98
Q3 24
$1.07
Q2 24
$0.91
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MNST
MNST
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$2.8B
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$8.3B
$1.7B
Total Assets
$10.0B
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNST
MNST
PRIM
PRIM
Q4 25
$2.8B
$535.5M
Q3 25
$2.6B
$431.4M
Q2 25
$2.1B
$390.3M
Q1 25
$1.9B
$351.6M
Q4 24
$1.5B
$455.8M
Q3 24
$1.6B
$352.7M
Q2 24
$1.6B
$207.4M
Q1 24
$3.6B
$177.6M
Total Debt
MNST
MNST
PRIM
PRIM
Q4 25
$469.9M
Q3 25
$486.0M
Q2 25
$603.1M
Q1 25
$199.1M
$612.0M
Q4 24
$374.0M
$734.8M
Q3 24
$748.8M
$903.7M
Q2 24
$748.7M
$933.0M
Q1 24
$951.7M
Stockholders' Equity
MNST
MNST
PRIM
PRIM
Q4 25
$8.3B
$1.7B
Q3 25
$7.7B
$1.6B
Q2 25
$7.2B
$1.5B
Q1 25
$6.5B
$1.4B
Q4 24
$6.0B
$1.4B
Q3 24
$5.8B
$1.4B
Q2 24
$5.9B
$1.3B
Q1 24
$8.6B
$1.2B
Total Assets
MNST
MNST
PRIM
PRIM
Q4 25
$10.0B
$4.4B
Q3 25
$9.6B
$4.6B
Q2 25
$8.7B
$4.5B
Q1 25
$8.2B
$4.2B
Q4 24
$7.7B
$4.2B
Q3 24
$8.1B
$4.2B
Q2 24
$8.1B
$4.0B
Q1 24
$10.1B
$4.0B
Debt / Equity
MNST
MNST
PRIM
PRIM
Q4 25
0.28×
Q3 25
0.30×
Q2 25
0.39×
Q1 25
0.03×
0.42×
Q4 24
0.06×
0.52×
Q3 24
0.13×
0.67×
Q2 24
0.13×
0.72×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MNST
MNST
PRIM
PRIM
Operating Cash FlowLast quarter
$379.4M
$142.9M
Free Cash FlowOCF − Capex
$351.2M
$121.1M
FCF MarginFCF / Revenue
16.5%
6.5%
Capex IntensityCapex / Revenue
1.3%
1.2%
Cash ConversionOCF / Net Profit
0.84×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$2.0B
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNST
MNST
PRIM
PRIM
Q4 25
$379.4M
$142.9M
Q3 25
$745.1M
$182.9M
Q2 25
$466.0M
$78.5M
Q1 25
$507.6M
$66.2M
Q4 24
$461.7M
$298.3M
Q3 24
$618.4M
$222.5M
Q2 24
$436.3M
$16.1M
Q1 24
$412.1M
$-28.5M
Free Cash Flow
MNST
MNST
PRIM
PRIM
Q4 25
$351.2M
$121.1M
Q3 25
$701.5M
$148.4M
Q2 25
$434.6M
$45.3M
Q1 25
$478.5M
$25.6M
Q4 24
$370.4M
$270.0M
Q3 24
$571.4M
$158.8M
Q2 24
$376.5M
$-8.1M
Q1 24
$346.1M
$-38.9M
FCF Margin
MNST
MNST
PRIM
PRIM
Q4 25
16.5%
6.5%
Q3 25
31.9%
6.8%
Q2 25
20.6%
2.4%
Q1 25
25.8%
1.6%
Q4 24
20.4%
15.5%
Q3 24
30.4%
9.6%
Q2 24
19.8%
-0.5%
Q1 24
18.2%
-2.8%
Capex Intensity
MNST
MNST
PRIM
PRIM
Q4 25
1.3%
1.2%
Q3 25
2.0%
1.6%
Q2 25
1.5%
1.8%
Q1 25
1.6%
2.5%
Q4 24
5.0%
1.6%
Q3 24
2.5%
3.9%
Q2 24
3.1%
1.5%
Q1 24
3.5%
0.7%
Cash Conversion
MNST
MNST
PRIM
PRIM
Q4 25
0.84×
2.76×
Q3 25
1.42×
1.93×
Q2 25
0.95×
0.93×
Q1 25
1.15×
1.50×
Q4 24
1.71×
5.53×
Q3 24
1.67×
3.81×
Q2 24
1.03×
0.32×
Q1 24
0.93×
-1.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MNST
MNST

Monster Energy Drinks Segment$1.2B57%
Sales Revenue Product Line$905.5M42%
Strategic Brands Segment$50.3M2%
Alcohol Brands Segment$29.0M1%

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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