Narrow-Moat Monster Poised to Fuel Growth with Innovation and International Expansion

Although not the pioneer in energy drinks, Monster Beverage has earned its perch in this attractive category through innovations that resonate with consumers and effective marketing that keeps its core brand top of mind. The long-term distribution partnership with wide-moat Coca-Cola, effective since 2015, further reinforced Monster’s competitive standing, affording the firm impressive distribution breath and product accessibility that is hard to match by rivals. As such, we award a narrow economic moat rating for Monster.