Saturday 17 October 2026 Export MCRI’s income statement to Excel — free account

Monarch Casino & Resort, Inc.

MCRI Consumer Cyclical Resorts & Casinos

Monarch Casino & Resort, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $545.1 million, up 4.39% from fiscal 2024. In the quarter to June 2026, revenue grew 4.15%, EPS grew 23.8% and free cash flow fell 1.37%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five.

113.59 1.95 −1.69%

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Market cap: $2.1B
P/E: 17.8×
Fwd P/E: 18.6×
Dividend yield: 1.06%
F-score: 9/9
Altman Z: 8.49
Beneish M: −2.73
Dividend safety: 85/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 1.52

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	1	—	—	—	1	—

Insider Ownership 32.36%

Capital & Financial Ratios $m

Market Cap 2,070.00

Revenue 561.96

Net Income 114.64

Free Cash Flow 154.51

Net Debt (138.26)

Current Ratio 1.21

Debt/Equity 0.00

P/E ratio 17.83

Fwd P/E 18.60

P/S ratio 3.61

P/B ratio 3.52

Past 5Y EPS Growth 34.15%

This Y EPS Growth 26.04%

Next Y EPS Growth 3.35%

Next Y revenue growth 4.75%

Next 5Y EPS Growth 11.72%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 32.99%

10-year low 10-year high

P/S against its own 10 years 79.14%

10-year low 10-year high

P/B against its own 10 years 93.66%

10-year low 10-year high

EV/Sales against its own 10 years 57.94%

10-year low 10-year high

EV/FCF against its own 10 years 14.94%

10-year low 10-year high

Dividends

Payout Ratio 0.19

Annual Dividend Rate 1.20

Annual Dividend Yield 1.06%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.20	0.30 0.30 0.30
2025	1.20	0.30 0.30 0.30 0.30
2024	1.20	0.30 0.30 0.30 0.30
2023	0.90	5.00 0.30 0.30 0.30
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	43	59	96	138
Receivables	13	12	14	15
Inventory	8	9	9	8
Other	—	—	—	—
	75	90	129	169

	2023	2024	2025	Q'26
Payables	71	92	95	90
ST’ Debt	—	—	—	—
Other	—	—	—	—
	123	146	150	140

Compound Annual Growth %

	10y	5y	3y
Sales	10.42%	24.21%	4.49%
Cash Flow	15.73%	39.27%	5.63%
Earnings	17.24%	33.76%	5.04%
Book Value	10.18%	7.87%	(0.08%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	137	143	—	—	—
’25	125	137	143	140	545
’24	122	128	138	135	522
’23	117	124	133	128	501
’22	108	115	134	121	478
’21	75	98	112	111	395
’20	51	15	60	58	184

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	49	31	—	—	—
’25	36	34	56	38	165
’24	38	24	40	38	141
’23	62	26	46	39	173
’22	35	25	46	34	140
’21	22	33	41	32	128
’20	(7)	(3)	29	12	31

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	43	26	—	—	—
’25	17	26	54	32	128
’24	21	11	35	26	93
’23	47	18	38	22	124
’22	21	13	41	26	101
’21	15	28	26	12	81
’20	(18)	(10)	17	(46)	(57)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.52	1.78	—	—	—
’25	1.05	1.44	1.69	1.25	5.43
’24	0.93	1.19	1.47	0.25	3.84
’23	0.90	1.14	1.23	0.93	4.20
’22	0.92	0.99	1.41	1.14	4.47
’21	0.42	0.93	1.15	1.02	3.53
’20	0.11	(0.24)	0.57	0.80	1.25

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	17.29	23.10	34.45	37.36	12.83	50.01	54.01	56.25	64.50	69.99	Analyst estimates 2026–2028 Powerpack
	High	27.16	47.92	49.63	49.86	61.87	76.00	94.26	83.42	89.06	113.88
People
People	Employees	2,100	2,200	2,200	2,300	2,300	2,650	2,700	2,900	2,900	2,740
	Revenue/emp, $m	0.10	0.10	0.11	0.11	0.08	0.15	0.18	0.17	0.18	0.20
Income, $m
Income, $m	Revenue	217	231	240	249	184	395	478	501	522	545
	Gross margin, %	51.51	51.37	51.29	50.92	54.06	55.05	54.32	53.68	53.78	55.04
	EBT	38	40	43	40	15	85	109	109	92	129
	EBT margin, %	17.48	17.21	17.75	15.88	8.13	21.59	22.81	21.64	17.69	23.74
	Net income	25	26	34	32	24	68	87	82	73	101
	Depreciation	15	16	15	15	18	39	45	48	51	54
Per share, $
Per share, $	Revenue	12.54	13.12	13.47	13.82	10.12	21.24	25.16	26.06	28.06	29.82
	Earnings	1.42	1.45	1.91	1.77	1.30	3.68	4.60	4.28	3.91	5.55
	Cash flow	2.53	2.81	3.29	3.51	1.73	6.88	7.36	8.99	7.56	9.01
	Capex	(1.51)	(2.84)	(7.68)	(6.95)	(4.87)	(2.52)	(2.05)	(2.54)	(2.54)	(1.98)
	Free cash flow	1.02	(0.03)	(4.39)	(3.44)	(3.14)	4.36	5.30	6.45	5.02	7.03
	Book value	13.51	15.15	16.88	18.93	20.20	24.06	28.37	26.66	27.82	29.41
	Shares, m	17	18	18	18	18	19	19	19	19	18
Valuation, ×
Valuation, ×	P/E	18.10	30.74	19.97	27.43	47.46	20.10	16.51	16.04	20.17	17.24
	P/S	2.05	3.40	2.83	3.51	6.05	3.48	3.02	2.64	2.81	3.21
	P/B	1.90	2.94	2.26	2.56	3.03	3.07	2.68	2.58	2.84	3.25
	EV/Sales	2.21	3.54	3.25	4.05	6.87	3.62	2.98	2.56	2.72	3.06
	EV/FCF	27.21	(1,813.81)	(9.96)	(16.28)	(22.15)	17.63	14.13	10.34	15.23	12.97
Cash, $m
Cash, $m	Operating cash flow	44	49	59	63	31	128	140	173	141	165
	Capex	(26)	(50)	(137)	(125)	(89)	(47)	(39)	(49)	(47)	(36)
	Free cash flow	18	0	(78)	(62)	(57)	81	101	124	93	128
Balance, $m
Balance, $m	Working capital	4	7	(13)	0	(36)	(57)	(28)	(48)	(56)	(21)
	Total debt	26	26	95	195	180	88	20	6	—	—
	Net debt	0	(3)	64	135	151	55	(19)	(38)	(59)	(96)
	Shareholders’ equity	234	266	301	341	368	448	539	513	518	538
Returns, %
Returns, %	ROA	8.62	8.14	8.66	5.97	3.69	10.05	12.65	12.00	10.60	14.44
	ROIC	10.31	9.64	7.33	5.20	1.84	11.18	13.39	14.49	12.60	18.06
	ROE	11.23	10.21	12.01	9.91	6.68	16.78	17.73	15.67	14.12	19.21

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CZR Caesars Entertainment, Inc.	$6.0B	— (loss-making)	— (loss-making)	+2.96% (above 0%: growing)	n/m	+29.79% (above 0%: growing)	53.26%	17.14%	Compare
MTN Vail Resorts, Inc.	$5.5B	39.1×	19.3×	+2.50% (above 0%: growing)	n/m	+29.42% (above 0%: growing)	(8.85%)	(75.09%)	Compare
RRR Red Rock Resorts, Inc.	$5.3B	17.0×	34.7×	−3.04% (below 0%: shrinking)	−29.17% (below 0%: shrinking)	−76.90% (below 0%: shrinking)	61.83%	26.65%	Compare
BYD Boyd Gaming Corporation	$5.2B	3.1×	13.2×	+0.04% (above 0%: growing)	−4.89% (below 0%: shrinking)	−235.57% (below 0%: shrinking)	50.29%	19.40%	Compare
VAC Marriott Vacations Worldwide Corporation	$3.9B	— (loss-making)	14.5×	+5.94% (above 0%: growing)	+11.62% (above 0%: growing)	+123.53% (above 0%: growing)	90.83%	12.20%	Compare
HGV Hilton Grand Vacations Inc.	$2.8B	19.9×	9.8×	+7.27% (above 0%: growing)	−42.31% (below 0%: shrinking)	+318.52% (above 0%: growing)	36.75%	6.70%	Compare
MCRI Monarch Casino & Resort, Inc.	$2.1B	17.8×	18.6×	+4.15% (above 0%: growing)	+23.81% (above 0%: growing)	−1.37% (below 0%: shrinking)	55.71%	27.09%
PENN PENN Entertainment, Inc.	$2.0B	— (loss-making)	17.8×	+5.24% (above 0%: growing)	n/m	+9,546.15% (above 0%: growing)	37.18%	7.09%	Compare
MLCO Melco Resorts & Entertainment Limited	$1.6B	6.9×	9.9×	−5.72% (below 0%: shrinking)	+50.00% (above 0%: growing)	+513.61% (above 0%: growing)	34.83%	10.20%	Compare
Median of peers	$4.5B	17.0×	14.5×	+2.73%	−4.89%	+76.66%	43.74%	11.20%

All 18 Resorts & Casinos stocks →

Monarch Casino & Resort, Inc. (MCRI) key facts

Strength: Monarch Casino & Resort, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $545.1 million, up 4.39% from fiscal 2024.
Monarch Casino & Resort, Inc. (MCRI) is a Resorts & Casinos company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, MCRI traded at $113.59, a market capitalization of $2.1 billion.
Monarch Casino & Resort, Inc. pays an annual dividend of $1.20 per share, a yield of 1.06%, with a payout ratio of 19.2%.
Return on equity was 19.2% and debt-to-equity 0.00.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 8.49 (safe zone) for fiscal 2025.