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Monday 2 November 2026 Export MSC’s income statement to Excel — free account

STUDIO CITY IH

MSC Consumer Cyclical Resorts & Casinos

STUDIO CITY IH’s revenue for fiscal 2025 (year ended December 2025) was $694.6 million, up 8.67% from fiscal 2024.

Revenue
−13.4%
EPS
−300.0%
Free cash flow
+237.7%
Total debt
−8.69%

Quarter to June 2026, against a year earlier

1.00 0.22 +28.21%
Market cap
$151.1M
P/E
0.0×
Fwd P/E
−129×
Dividend yield
—
F-score
6/9
Altman Z
−0.48
Beneish M
−2.78
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.21
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — —
Sell — — — — — — — — — — — —
Insider Ownership 0.48%

Capital & Financial Ratios $m

Size
Market Cap 151.05
Revenue ttm 684.08
Net income ttm (64.30)
Free cash flow ttm 93.74
Net debt Q 1,858.71
Valuation
P/E 0.00
Forward P/E (129.00) (negative: loss-making)
Price / sales 0.28
Forward P/S Powerpack
Price / FCF 2.05
Price / book 0.36
Financial health
Current ratio Q 0.76 (below 1: weak)
Debt / equity Q 3.73 (above 2: weak)
Interest coverage Q 0.50
Growth
Revenue growth Q −13.41% (below 0%: shrinking)
Operating income growth Q −35.07% (below 0%: shrinking)
EPS, this year —
EPS, next year A —
Revenue, next year A +7.80%
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.0×, against a ten-year median of 5.8×; over the ten years it ranged from 2.9× in 2026 to 274× in 2023.
P/S against its own 10 years 1.78%
10-year low 10-year high
P/B against its own 10 years 5.34%
10-year low 10-year high
EV/Sales against its own 10 years 1.78%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 228 128 109 118
Receivables 43 2 3 2
Inventory 6 7 9 8
Other — — — —
316 166 131 140
2023 2024 2025 Q'26
Payables 2 3 6 4
ST’ Debt — 22 — 15
Other — — — —
157 181 180 184

Compound Annual Growth %

10y 5y 3y
Sales — 69.80% 291.80%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (14.67%) (13.18%)

Earnings Trends EPS, adjusted, against the consensus

Jun 2020 Estimate −2.84 Actual −1.51

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Dec 2019 0.37 0.35 Miss by 0.02
Mar 2020 −1.38 −1.12 Beat by 0.26
Jun 2020 −2.84 −1.51 Beat by 1.33

EPS $

Mar Jun Sep Dec Year
’26 0.02 (0.08) — — —
’25 (0.08) (0.02) (0.10) (0.11) (0.31)
’24 (0.08) (0.17) (0.11) (0.14) (0.50)
’23 (0.20) (0.25) (0.15) (0.10) (0.69)
’22 (0.54) (0.45) (0.44) (0.44) (1.85)
’21 (0.82) (0.64) (0.68) (0.58) (2.73)
’20 (1.17) (1.51) (1.22) (0.66) (4.41)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 177 165 — — —
’25 162 190 183 160 695
’24 150 161 175 153 639
’23 51 115 138 141 446
’22 12 (2) (3) 4 12
’21 29 31 19 28 107
’20 37 (13) 1 24 49
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 210 210
’24 — — — 190 190
’23 — — (84) 66 (19)
’22 — — (159) (20) (179)
’21 — — (121) (16) (137)
’20 — — (149) (19) (167)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 156 156
’24 — — — 113 113
’23 — — (211) 37 (175)
’22 — — (518) (113) (631)
’21 — — (390) (150) (540)
’20 — — (287) (81) (368)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 425 540 571 627 49 107 12 446 639 695 684 +5.6% — — — —
Gross margin, % 60.78 75.87 78.33 78.18 (52.00) 28.68 (531.81) 61.59 65.18 67.37 69.26 +6.6 pt
EBT (242) (77) (20) 44 (406) (302) (361) (146) (98) (57) (49) (14.9%)
EBT margin, % (57.08) (14.20) (3.54) 7.03 (825.28) (283.02) (3,125.43) (32.81) (15.41) (8.16) (7.19) +48.9 pt
Net income (243) (76) (21) 44 (405) (302) (361) (146) (106) (64) (64) (13.7%)
Per share, $
Per share, $ Revenue 93.67 11.91 11.93 10.37 0.67 1.15 0.07 2.31 3.32 3.61 3.55 (30.4%)
Earnings (53.57) (1.69) (0.45) 0.56 (4.36) (2.73) (1.84) (0.69) (0.50) (0.31) (0.27) (43.6%)
Cash flow 3.22 1.51 2.91 3.78 (2.27) (1.48) (1.01) (0.10) 0.99 1.09 0.00 (11.3%)
Capex (21.60) (0.91) (3.01) (1.28) (2.72) (4.35) (2.54) (0.81) (0.40) (0.28) 0.00 (38.2%)
Free cash flow (18.38) 0.60 (0.09) 2.50 (4.99) (5.83) (3.55) (0.91) 0.59 0.81 0.00 n/m
Book value 180.16 16.33 22.90 19.17 17.20 10.20 4.93 3.79 3.36 2.98 2.75 (36.6%)
Shares, m 5 45 48 60 74 93 178 193 193 193 193 +51.7%
Valuation, ×
Valuation, × P/E 0.00 0.00 836.00 36.89 0.00 0.00 0.00 0.00 0.00 0.00 0.00 87.3
P/S 0.04 0.04 1.40 1.91 17.78 4.62 100.15 2.95 1.70 0.98 0.28 13.2
P/B 0.03 0.03 0.73 1.03 0.69 0.52 1.32 1.80 1.68 1.19 0.36 0.9
EV/Sales 2.85 2.85 3.56 3.67 38.31 19.49 266.92 7.68 4.89 3.82 3.00 35.4
EV/FCF (321.84) (321.84) (213.55) 10.17 (10.13) (2.31) (2.64) (4.25) (17.81) 28.27 21.88 (85.6)
Cash, $m
Cash, $m Operating cash flow 15 68 140 229 (167) (137) (179) (19) 190 210 381 +34.5%
Capex (98) (41) (144) (77) (200) (403) (452) (156) (77) (54) (288) (6.3%)
Free cash flow (83) 27 (4) 151 (368) (540) (631) (175) 113 156 94 n/m
Balance, $m
Balance, $m Working capital 204 283 20 314 446 309 306 159 (14) (49) (44) n/m
Net debt 1,621 1,607 1,232 1,109 1,010 1,589 1,926 2,107 2,036 1,915 1,859 +1.9%
Shareholders’ equity 816 740 1,096 1,159 1,268 944 876 729 647 573 530 (3.9%)
Returns, %
Returns, % ROA (8.16) (2.57) (0.75) 1.22 (11.18) (7.94) (9.45) (3.91) (3.11) (2.03) (1.84) +6.1 pt
ROIC (1.40) 2.14 3.70 4.91 (7.68) (4.73) (6.18) (0.64) 0.89 1.76 1.95 +3.2 pt
ROE (31.20) (9.82) (2.35) 2.98 (26.51) (22.84) (35.87) (16.64) (14.06) (9.63) (9.30) +21.6 pt
People
People Employees — 4,400 4,374 4,485 3,924 3,794 3,571 5,286 5,848 5,879 — +3.7%
Revenue/emp, $m 0.00 0.12 0.13 0.14 0.01 0.03 0.00 0.08 0.11 0.12 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

STUDIO CITY IH vs peers in Resorts & Casinos (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HGV Hilton Grand Vacations Inc. $2.9B 21.6× 12.8× +7.27% (above 0%: growing) −42.31% (below 0%: shrinking) +318.52% (above 0%: growing) 36.75% 6.70% Compare
PENN PENN Entertainment, Inc. $2.1B — (loss-making) 16.6× +5.24% (above 0%: growing) n/m +9,546.15% (above 0%: growing) 37.18% 7.09% Compare
MCRI Monarch Casino & Resort, Inc. $2.0B 17.4× 16.4× +4.15% (above 0%: growing) +23.81% (above 0%: growing) −1.37% (below 0%: shrinking) 55.71% 27.09% Compare
MLCO Melco Resorts & Entertainment Limited $1.5B 6.6× 12.0× −5.72% (below 0%: shrinking) +50.00% (above 0%: growing) +513.61% (above 0%: growing) 34.83% 10.20% Compare
BALY Bally's Corporation $682.4M — (loss-making) — (loss-making) +20.49% (above 0%: growing) n/m −279.58% (below 0%: shrinking) 49.46% (4.29%) Compare
MSC STUDIO CITY IH $151.1M — (loss-making) — (loss-making) −13.41% (below 0%: shrinking) n/m +237.71% (above 0%: growing) 69.84% 9.10%
CPHC Canterbury Park Holding Corporation $81.6M 787× 20.3× +3.21% (above 0%: growing) n/m +25.66% (above 0%: growing) 75.60% 1.77% Compare
FLL Full House Resorts, Inc. $30.3M — (loss-making) — (loss-making) +5.57% (above 0%: growing) n/m +151.71% (above 0%: growing) 53.03% 2.91% Compare
CNTY Century Casinos, Inc. $14.6M — (loss-making) — (loss-making) +0.78% (above 0%: growing) n/m −1.26% (below 0%: shrinking) 44.09% 11.30% Compare
Median of peers $1.1B 19.5× 16.4× +4.70% +23.81% +88.68% 46.78% 6.90%

All 17 Resorts & Casinos stocks →

STUDIO CITY IH (MSC) Latest News

29 Oct

Impact 4 · · Zacks
Impact 4 · · Barchart
Impact 3 · · The Motley Fool

28 Oct

Impact 4 · · Zacks
Impact 3 · · TheStreet

27 Oct

Impact 3 · · Investing.com

26 Oct

Impact 3 · · TIKR

23 Oct

Impact 3 · · Simply Wall St.
Impact 3 · · 24/7 Wall St.
Impact 3 · · Zacks

22 Oct

Impact 3 · · Proactive Investors
Impact 3 · · MT Newswires
Impact 3 · · TIKR

21 Oct

Impact 3 · · TheStreet

20 Oct

Impact 3 · · 24/7 Wall St.

19 Oct

Impact 3 · · Simply Wall St.
Impact 3 · · The Motley Fool

16 Oct

Impact 3 · · Zacks

14 Oct

Impact 3 · · Simply Wall St.
Impact 3 · · MT Newswires

13 Oct

Impact 3 · · TipRanks

9 Oct

Impact 4 · · Investing.com

8 Oct

Impact 3 · · 24/7 Wall St.
Impact 3 · · Zacks

30 Sep

Impact 4 · · TheStreet

29 Sep

Impact 4 · · Proactive Investors
Impact 3 · · Zacks

28 Sep

Impact 4 · · Insider Monkey

25 Sep

Impact 3 · · Insider Monkey

24 Sep

Impact 4 · · TheStreet
stockrow.com/MSC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com