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Side-by-side financial comparison of Monster Beverage (MNST) and Toll Brothers, Inc. (TOL). Click either name above to swap in a different company.

Toll Brothers, Inc. is the larger business by last-quarter revenue ($3.4B vs $2.1B, roughly 1.6× Monster Beverage). Monster Beverage runs the higher net margin — 21.1% vs 13.0%, a 8.0% gap on every dollar of revenue. On growth, Monster Beverage posted the faster year-over-year revenue change (17.6% vs 2.7%). Toll Brothers, Inc. produced more free cash flow last quarter ($772.2M vs $351.2M). Over the past eight quarters, Toll Brothers, Inc.'s revenue compounded faster (32.6% 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.

Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.

MNST vs TOL — Head-to-Head

Bigger by revenue
TOL
TOL
1.6× larger
TOL
$3.4B
$2.1B
MNST
Growing faster (revenue YoY)
MNST
MNST
+14.9% gap
MNST
17.6%
2.7%
TOL
Higher net margin
MNST
MNST
8.0% more per $
MNST
21.1%
13.0%
TOL
More free cash flow
TOL
TOL
$421.0M more FCF
TOL
$772.2M
$351.2M
MNST
Faster 2-yr revenue CAGR
TOL
TOL
Annualised
TOL
32.6%
5.9%
MNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MNST
MNST
TOL
TOL
Revenue
$2.1B
$3.4B
Net Profit
$449.2M
$446.7M
Gross Margin
55.5%
24.8%
Operating Margin
25.5%
16.5%
Net Margin
21.1%
13.0%
Revenue YoY
17.6%
2.7%
Net Profit YoY
65.9%
-6.0%
EPS (diluted)
$4.51

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
TOL
TOL
Q4 25
$2.1B
$3.4B
Q3 25
$2.2B
$2.9B
Q2 25
$2.1B
$2.7B
Q1 25
$1.9B
$1.9B
Q4 24
$1.8B
$3.3B
Q3 24
$1.9B
$2.7B
Q2 24
$1.9B
$2.8B
Q1 24
$1.9B
$1.9B
Net Profit
MNST
MNST
TOL
TOL
Q4 25
$449.2M
$446.7M
Q3 25
$524.5M
$369.6M
Q2 25
$488.8M
$352.4M
Q1 25
$443.0M
$177.7M
Q4 24
$270.7M
$475.4M
Q3 24
$370.9M
$374.6M
Q2 24
$425.4M
$481.6M
Q1 24
$442.0M
$239.6M
Gross Margin
MNST
MNST
TOL
TOL
Q4 25
55.5%
24.8%
Q3 25
55.7%
25.2%
Q2 25
55.7%
25.8%
Q1 25
56.5%
24.7%
Q4 24
55.3%
26.4%
Q3 24
53.2%
27.2%
Q2 24
53.6%
30.4%
Q1 24
54.1%
27.6%
Operating Margin
MNST
MNST
TOL
TOL
Q4 25
25.5%
16.5%
Q3 25
30.7%
16.6%
Q2 25
29.9%
16.4%
Q1 25
30.7%
11.8%
Q4 24
21.0%
18.3%
Q3 24
25.5%
18.2%
Q2 24
27.7%
22.0%
Q1 24
28.5%
15.8%
Net Margin
MNST
MNST
TOL
TOL
Q4 25
21.1%
13.0%
Q3 25
23.9%
12.6%
Q2 25
23.1%
12.9%
Q1 25
23.9%
9.6%
Q4 24
14.9%
14.3%
Q3 24
19.7%
13.7%
Q2 24
22.4%
17.0%
Q1 24
23.3%
12.3%
EPS (diluted)
MNST
MNST
TOL
TOL
Q4 25
$4.51
Q3 25
$3.73
Q2 25
$3.50
Q1 25
$1.75
Q4 24
$4.61
Q3 24
$3.60
Q2 24
$4.55
Q1 24
$2.25

Balance Sheet & Financial Strength

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

Metric
MNST
MNST
TOL
TOL
Cash + ST InvestmentsLiquidity on hand
$2.8B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.3B
$8.3B
Total Assets
$10.0B
$14.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNST
MNST
TOL
TOL
Q4 25
$2.8B
$1.3B
Q3 25
$2.6B
$852.3M
Q2 25
$2.1B
$686.5M
Q1 25
$1.9B
$574.8M
Q4 24
$1.5B
$1.3B
Q3 24
$1.6B
$893.4M
Q2 24
$1.6B
$1.0B
Q1 24
$3.6B
$754.8M
Total Debt
MNST
MNST
TOL
TOL
Q4 25
Q3 25
Q2 25
Q1 25
$199.1M
Q4 24
$374.0M
Q3 24
$748.8M
Q2 24
$748.7M
Q1 24
Stockholders' Equity
MNST
MNST
TOL
TOL
Q4 25
$8.3B
$8.3B
Q3 25
$7.7B
$8.1B
Q2 25
$7.2B
$7.9B
Q1 25
$6.5B
$7.8B
Q4 24
$6.0B
$7.7B
Q3 24
$5.8B
$7.4B
Q2 24
$5.9B
$7.3B
Q1 24
$8.6B
$7.0B
Total Assets
MNST
MNST
TOL
TOL
Q4 25
$10.0B
$14.5B
Q3 25
$9.6B
$14.4B
Q2 25
$8.7B
$14.2B
Q1 25
$8.2B
$13.6B
Q4 24
$7.7B
$13.4B
Q3 24
$8.1B
$13.4B
Q2 24
$8.1B
$13.3B
Q1 24
$10.1B
$12.5B
Debt / Equity
MNST
MNST
TOL
TOL
Q4 25
Q3 25
Q2 25
Q1 25
0.03×
Q4 24
0.06×
Q3 24
0.13×
Q2 24
0.13×
Q1 24

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
TOL
TOL
Operating Cash FlowLast quarter
$379.4M
$800.0M
Free Cash FlowOCF − Capex
$351.2M
$772.2M
FCF MarginFCF / Revenue
16.5%
22.6%
Capex IntensityCapex / Revenue
1.3%
0.8%
Cash ConversionOCF / Net Profit
0.84×
1.79×
TTM Free Cash FlowTrailing 4 quarters
$2.0B
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNST
MNST
TOL
TOL
Q4 25
$379.4M
$800.0M
Q3 25
$745.1M
$370.3M
Q2 25
$466.0M
$362.8M
Q1 25
$507.6M
$-420.8M
Q4 24
$461.7M
$682.5M
Q3 24
$618.4M
$175.6M
Q2 24
$436.3M
$459.0M
Q1 24
$412.1M
$-307.0M
Free Cash Flow
MNST
MNST
TOL
TOL
Q4 25
$351.2M
$772.2M
Q3 25
$701.5M
$344.9M
Q2 25
$434.6M
$347.3M
Q1 25
$478.5M
$-438.1M
Q4 24
$370.4M
$664.3M
Q3 24
$571.4M
$149.9M
Q2 24
$376.5M
$442.9M
Q1 24
$346.1M
$-320.6M
FCF Margin
MNST
MNST
TOL
TOL
Q4 25
16.5%
22.6%
Q3 25
31.9%
11.7%
Q2 25
20.6%
12.7%
Q1 25
25.8%
-23.6%
Q4 24
20.4%
19.9%
Q3 24
30.4%
5.5%
Q2 24
19.8%
15.6%
Q1 24
18.2%
-16.5%
Capex Intensity
MNST
MNST
TOL
TOL
Q4 25
1.3%
0.8%
Q3 25
2.0%
0.9%
Q2 25
1.5%
0.6%
Q1 25
1.6%
0.9%
Q4 24
5.0%
0.5%
Q3 24
2.5%
0.9%
Q2 24
3.1%
0.6%
Q1 24
3.5%
0.7%
Cash Conversion
MNST
MNST
TOL
TOL
Q4 25
0.84×
1.79×
Q3 25
1.42×
1.00×
Q2 25
0.95×
1.03×
Q1 25
1.15×
-2.37×
Q4 24
1.71×
1.44×
Q3 24
1.67×
0.47×
Q2 24
1.03×
0.95×
Q1 24
0.93×
-1.28×

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%

TOL
TOL

Home Building$3.4B100%
Land$9.4M0%

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