MCRI · Monarch Casino & Resort Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $545.13M | $522.19M | $501.48M | $184.41M | $395.38M | $184.41M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | $127.50M | $92.50M | $110.15M | $111.44M | $89.88M | $15.27M |
| R&D | - | - | - | - | - | - |
| SG&A | $109.38M | $108.29M | $105.82M | $97.60M | $84.43M | $60.40M |
| Total Operating Expenses | $417.63M | $429.68M | $391.33M | $366.43M | $305.50M | $169.14M |
| D&A | $54.02M | $51.36M | $47.29M | $43.43M | $38.43M | $17.32M |
| Operating Income | $129.43M | $92.40M | $108.53M | $109.02M | $85.37M | $15.00M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $28.04M | $19.63M | $26.08M | $21.54M | $16.88M | ($8.68M) |
| Net Income | $101.39M | $72.77M | $82.45M | $87.48M | $68.49M | $23.68M |
| EPS - Basic | $5.55 | $3.91 | $4.28 | $4.60 | $3.68 | $1.30 |
| EPS - Diluted | $5.43 | $3.84 | $4.20 | $4.47 | $3.53 | $1.25 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $96.47M | $58.76M | $43.36M | $38.78M | $33.53M | $28.31M |
| Accounts Receivable | $11.07M | $10.26M | $11.99M | $9.57M | $8.88M | $3.74M |
| Inventory | $9.09M | $9.30M | $7.61M | $7.56M | $7.16M | $7.82M |
| Accounts Payable | $44.92M | $41.24M | $23.09M | $14.42M | $18.57M | $11.65M |
| Current Assets | $129.25M | $90.42M | $74.97M | $89.43M | $84.06M | $73.16M |
| Total Assets | $712.85M | $691.58M | $680.87M | $692.94M | $690.46M | $671.88M |
| Current Liabilities | $150.20M | $146.46M | $123.37M | $117.74M | $141.18M | $109.44M |
| Long-term Debt | - | - | $5.50M | - | - | - |
| Total Liabilities | $175.18M | $173.84M | $167.73M | $153.99M | $242.44M | $303.81M |
| Stockholders' Equity | $537.67M | $517.75M | $513.14M | $538.95M | $448.01M | $368.07M |
| Retained Earnings | $597.85M | $518.35M | $467.85M | $498.22M | $410.74M | $342.25M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $164.75M | $140.71M | $173.05M | $139.77M | $128.10M | $31.44M |
| Investing Cash Flow | ($37.17M) | ($43.79M) | ($51.23M) | ($47.97M) | ($37.79M) | ($46.39M) |
| Financing Cash Flow | ($89.87M) | ($81.53M) | ($117.24M) | ($86.54M) | ($85.10M) | ($17.28M) |
| CapEx | $36.32M | $47.43M | $49.01M | $39.48M | $46.93M | $88.67M |
| Free Cash Flow | $128.43M | $93.28M | $124.04M | $100.29M | $81.17M | ($57.22M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 23.4% | 17.7% | 22.0% | 60.4% | 22.7% | 8.3% |
| Operating margin | 23.7% | 17.7% | 21.6% | 59.1% | 21.6% | 8.1% |
| EBITDA margin | 33.7% | 27.5% | 31.1% | 82.7% | 31.3% | 17.5% |
| Net margin | 18.6% | 13.9% | 16.4% | 47.4% | 17.3% | 12.8% |
| Free cash flow margin | 23.6% | 17.9% | 24.7% | 54.4% | 20.5% | -31.0% |
| FCF / Net income | 1.27 | 1.28 | 1.50 | 1.15 | 1.19 | -2.42 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 20.1% | 20.7% | 21.1% | 52.9% | 21.4% | 32.7% |
| Effective tax rate | 21.7% | 21.2% | 24.0% | 19.8% | 19.8% | -57.9% |
| Return on assets | 14.2% | 10.5% | 12.1% | 12.6% | 9.9% | 3.5% |
| Return on equity | 18.9% | 14.1% | 16.1% | 16.2% | 15.3% | 6.4% |
| Return on invested capital | - | - | 15.9% | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.86 | 0.62 | 0.61 | 0.76 | 0.60 | 0.67 |
| Quick ratio | 0.80 | 0.55 | 0.55 | 0.70 | 0.54 | 0.60 |
| Cash ratio | 0.64 | 0.40 | 0.35 | 0.33 | 0.24 | 0.26 |
| Leverage | ||||||
| Debt / Equity | - | - | 0.01 | - | - | - |
| Debt / Assets | - | - | 0.01 | - | - | - |
| Debt / EBITDA | - | - | 0.04 | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.33 | 1.34 | 1.33 | 1.29 | 1.54 | 1.83 |
| Liabilities / Assets | 0.25 | 0.25 | 0.25 | 0.22 | 0.35 | 0.45 |
| Efficiency | ||||||
| Asset turnover | 0.76 | 0.76 | 0.74 | 0.27 | 0.57 | 0.27 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 7d | 7d | 9d | 19d | 8d | 7d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.6x | 20.5x | 16.5x | 17.2x | 20.9x | 49.0x |
| P / B | 3.3x | 2.9x | 2.6x | 2.8x | 3.2x | 3.1x |
| P / S | 3.3x | 2.9x | 2.7x | 8.2x | 3.6x | 6.3x |
| EV / EBITDA | 9.2x | 10.0x | 8.5x | 9.6x | 11.3x | 34.9x |
| Growth | ||||||
| Revenue growth (YoY) | 4.4% | 4.1% | 171.9% | -53.4% | 114.4% | -26.0% |
| Revenue CAGR (3y) | 43.5% | 9.7% | 39.6% | -9.5% | 14.4% | - |
| Revenue CAGR (5y) | 24.2% | 15.9% | 13.7% | - | - | - |
| Gross profit growth (YoY) | 37.8% | -16.0% | -1.2% | 24.0% | 488.5% | -61.4% |
| Operating income growth (YoY) | 40.1% | -14.9% | -0.5% | 27.7% | 469.2% | -62.1% |
| Net income growth (YoY) | 39.3% | -11.7% | -5.8% | 27.7% | 189.2% | -25.6% |
| EPS growth (YoY) | 41.4% | -8.6% | -6.0% | 26.6% | 182.4% | -26.5% |
| EPS CAGR (3y) | 6.7% | 2.8% | 49.8% | 38.0% | 24.5% | -3.5% |
| EPS CAGR (5y) | 34.1% | 17.7% | 18.1% | 26.3% | 20.5% | 1.0% |
| FCF growth (YoY) | 37.7% | -24.8% | 23.7% | 23.5% | - | 7.9% |
| FCF CAGR (5y) | - | - | - | - | 35.8% | - |
| Book value growth (YoY) | 3.8% | 0.9% | -4.8% | 20.3% | 21.7% | 7.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$545.13M totalSingle Reportable Segment$545.13M · 100.0%
Product / service
$545.13M totalCasino$313.82M · 57.6%
Food And Beverage$130.20M · 23.9%
Occupancy$76.18M · 14.0%
Hotel Other$24.93M · 4.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.31
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Hotels & Motels
Comparing MONARCH CASINO & RESORT INC against the 5 most active filers in the same SIC group.
Dividends
$1.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.3000 |
| Mar 2, 2026 | $0.3000 |
| Dec 1, 2025 | $0.3000 |
| Aug 29, 2025 | $0.3000 |
| May 30, 2025 | $0.3000 |
| Feb 28, 2025 | $0.3000 |
| Nov 29, 2024 | $0.3000 |
| Aug 30, 2024 | $0.3000 |
| May 31, 2024 | $0.3000 |
| Feb 29, 2024 | $0.3000 |
| Nov 30, 2023 | $0.3000 |
| Aug 31, 2023 | $0.3000 |
| May 31, 2023 | $0.3000 |
| Feb 28, 2023 | $5.0000 |