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Side-by-side financial comparison of Monster Beverage (MNST) and REPUBLIC AIRWAYS HOLDINGS INC. (RJET). Click either name above to swap in a different company.
Monster Beverage is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 2.0× REPUBLIC AIRWAYS HOLDINGS INC.). Over the past eight quarters, Monster Beverage's revenue compounded faster (5.9% CAGR vs 3.9%).
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.
Republic Airways Holdings Inc. is an American airline holding company based in Indianapolis, Indiana. The company owns two regional airlines, Mesa Airlines and Republic Airways. Together the two airlines operate the world's largest fleet of Embraer 170 and Embraer 175 aircraft. The majority of the shares of company are owned by the mainline carriers that contract with Republic, American Airlines Group, Delta Air Lines, and United Airlines.
MNST vs RJET — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.1B |
| Net Profit | $449.2M | — |
| Gross Margin | 55.5% | — |
| Operating Margin | 25.5% | 22.0% |
| Net Margin | 21.1% | — |
| Revenue YoY | 17.6% | — |
| Net Profit YoY | 65.9% | — |
| EPS (diluted) | — | $3.13 |
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.
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.2B | $90.7M | ||
| Q2 25 | $2.1B | $92.8M | ||
| Q1 25 | $1.9B | $94.7M | ||
| Q4 24 | $1.8B | $808.3M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | $110.8M | ||
| Q1 24 | $1.9B | $131.6M |
| Q4 25 | $449.2M | — | ||
| Q3 25 | $524.5M | $-14.1M | ||
| Q2 25 | $488.8M | $20.9M | ||
| Q1 25 | $443.0M | $-58.6M | ||
| Q4 24 | $270.7M | $97.8M | ||
| Q3 24 | $370.9M | — | ||
| Q2 24 | $425.4M | $-19.9M | ||
| Q1 24 | $442.0M | $11.7M |
| Q4 25 | 55.5% | — | ||
| Q3 25 | 55.7% | — | ||
| Q2 25 | 55.7% | — | ||
| Q1 25 | 56.5% | — | ||
| Q4 24 | 55.3% | — | ||
| Q3 24 | 53.2% | — | ||
| Q2 24 | 53.6% | — | ||
| Q1 24 | 54.1% | — |
| Q4 25 | 25.5% | 22.0% | ||
| Q3 25 | 30.7% | -10.1% | ||
| Q2 25 | 29.9% | -0.2% | ||
| Q1 25 | 30.7% | -60.4% | ||
| Q4 24 | 21.0% | 18.7% | ||
| Q3 24 | 25.5% | — | ||
| Q2 24 | 27.7% | -8.1% | ||
| Q1 24 | 28.5% | 8.8% |
| Q4 25 | 21.1% | — | ||
| Q3 25 | 23.9% | -15.6% | ||
| Q2 25 | 23.1% | 22.5% | ||
| Q1 25 | 23.9% | -61.9% | ||
| Q4 24 | 14.9% | 12.1% | ||
| Q3 24 | 19.7% | — | ||
| Q2 24 | 22.4% | -18.0% | ||
| Q1 24 | 23.3% | 8.9% |
| Q4 25 | — | $3.13 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $-1.42 | ||
| Q4 24 | — | $2.42 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-0.48 | ||
| Q1 24 | — | $0.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.8B | $296.5M |
| Total DebtLower is stronger | — | $882.9M |
| Stockholders' EquityBook value | $8.3B | $1.3B |
| Total Assets | $10.0B | $3.3B |
| Debt / EquityLower = less leverage | — | 0.66× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8B | $296.5M | ||
| Q3 25 | $2.6B | $38.7M | ||
| Q2 25 | $2.1B | $42.5M | ||
| Q1 25 | $1.9B | $54.1M | ||
| Q4 24 | $1.5B | $302.0M | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | $16.3M | ||
| Q1 24 | $3.6B | $18.5M |
| Q4 25 | — | $882.9M | ||
| Q3 25 | — | $27.0M | ||
| Q2 25 | — | $28.2M | ||
| Q1 25 | $199.1M | $31.7M | ||
| Q4 24 | $374.0M | $752.2M | ||
| Q3 24 | $748.8M | — | ||
| Q2 24 | $748.7M | $287.7M | ||
| Q1 24 | — | $299.0M |
| Q4 25 | $8.3B | $1.3B | ||
| Q3 25 | $7.7B | $-52.6M | ||
| Q2 25 | $7.2B | $-38.7M | ||
| Q1 25 | $6.5B | $-59.8M | ||
| Q4 24 | $6.0B | $1.1B | ||
| Q3 24 | $5.8B | — | ||
| Q2 24 | $5.9B | $134.9M | ||
| Q1 24 | $8.6B | $154.7M |
| Q4 25 | $10.0B | $3.3B | ||
| Q3 25 | $9.6B | $158.9M | ||
| Q2 25 | $8.7B | $178.6M | ||
| Q1 25 | $8.2B | $215.0M | ||
| Q4 24 | $7.7B | $2.8B | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | $664.4M | ||
| Q1 24 | $10.1B | $706.3M |
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.06× | 0.68× | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.13× | 2.13× | ||
| Q1 24 | — | 1.93× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $379.4M | — |
| Free Cash FlowOCF − Capex | $351.2M | — |
| FCF MarginFCF / Revenue | 16.5% | — |
| Capex IntensityCapex / Revenue | 1.3% | — |
| Cash ConversionOCF / Net Profit | 0.84× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.0B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $379.4M | — | ||
| Q3 25 | $745.1M | — | ||
| Q2 25 | $466.0M | $-9.4M | ||
| Q1 25 | $507.6M | — | ||
| Q4 24 | $461.7M | $184.0M | ||
| Q3 24 | $618.4M | — | ||
| Q2 24 | $436.3M | $11.2M | ||
| Q1 24 | $412.1M | — |
| Q4 25 | $351.2M | — | ||
| Q3 25 | $701.5M | — | ||
| Q2 25 | $434.6M | $-10.5M | ||
| Q1 25 | $478.5M | — | ||
| Q4 24 | $370.4M | $-42.7M | ||
| Q3 24 | $571.4M | — | ||
| Q2 24 | $376.5M | $7.5M | ||
| Q1 24 | $346.1M | — |
| Q4 25 | 16.5% | — | ||
| Q3 25 | 31.9% | — | ||
| Q2 25 | 20.6% | -11.3% | ||
| Q1 25 | 25.8% | — | ||
| Q4 24 | 20.4% | -5.3% | ||
| Q3 24 | 30.4% | — | ||
| Q2 24 | 19.8% | 6.8% | ||
| Q1 24 | 18.2% | — |
| Q4 25 | 1.3% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 1.5% | 1.2% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 5.0% | 28.0% | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 3.1% | 3.4% | ||
| Q1 24 | 3.5% | — |
| Q4 25 | 0.84× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 0.95× | -0.45× | ||
| Q1 25 | 1.15× | — | ||
| Q4 24 | 1.71× | 1.88× | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 0.93× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
RJET
| United Airlines | $517.5M | 48% |
| Delta Air Lines | $409.7M | 38% |
| Other | $49.9M | 5% |
| Republic Airways Holdings Inc. | $42.2M | 4% |
| Other Airlines | $25.7M | 2% |
| LIFT Academy | $23.2M | 2% |
