HIGHOutside partyCounterparty
TCCC
“10-K Item 1: 'All distribution territories in the United States, and substantially all distribution territories internationally have been transitioned to TCCC network bottlers/distributors'”
MNST · Concentration risk · 10-K extracted
Monster Beverage (MNST) concentration risks
Updated
The most significant concentration Monster Beverage discloses is TCCC, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Monster Beverage’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inProduct / Revenue mix
energy drinks
“10-K Item 1A: 'We currently derive most of our revenues from energy drinks'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile combines a dominant distribution counterparty dependency and a product-category tilt. On the distribution side, all U.S. territories and substantially all international territories have been transitioned to the TCCC network of bottlers and distributors — a high-share counterparty relationship by disclosed size with a dependency character. This means the company's go-to-market reach is functionally tied to the operational and contractual health of a single distribution network; any material disruption to that relationship or the terms governing it would affect the company's ability to reach consumers globally. Layered on top of this distribution dependency is a product-category concentration: the company currently derives most of its revenues from energy drinks — a moderate share by disclosed size with a structural character. This reflects a deliberate strategic focus on a single beverage category rather than a diversified portfolio, making the company's fortunes directly linked to energy drink category trends, consumer preference shifts, and competitive dynamics within that segment. The two exposures are connected: a company with most revenues in one product category and its entire distribution infrastructure concentrated in one network faces amplified risk if either the category or the distribution relationship deteriorates simultaneously. There is no disclosed customer, geographic, or supplier concentration separately disclosed that would further layer idiosyncratic risk on top of these two structural features.
For the engine’s reasoning on MNST’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Beverages - Non-Alcoholic
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| COCO | The Vita Coco Company, Inc. | 3 | 1 | 0 | 4 |
| FIZZ | National Beverage Corp. | 1 | 1 | 0 | 2 |
| MNST● | Monster Beverage Corporation | 1 | 1 | 0 | 2 |
| COKE | Coca-Cola Consolidated, Inc. | 1 | 0 | 2 | 3 |
| CELH | Celsius Holdings, Inc. | 0 | 1 | 0 | 1 |
| KDP | Keurig Dr Pepper Inc. | 0 | 0 | 1 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.