Monarch Casino & Resort Inc (MCRI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 72,769 | 82,448 | 87,479 | 68,488 | 23,678 |
| Revenue | US$ in thousands | 521,937 | 501,012 | 476,398 | 395,377 | 184,413 |
| Net profit margin | 13.94% | 16.46% | 18.36% | 17.32% | 12.84% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $72,769K ÷ $521,937K
= 13.94%
Based on the data provided, Monarch Casino & Resort Inc's net profit margin has been showing variability over the past five years. The net profit margin measures the company's profitability by indicating how much of each dollar of revenue translates into profit after all expenses are deducted.
In December 31, 2020, the net profit margin stood at 12.84%, indicating that the company was able to generate a profit of $0.1284 for every dollar of revenue earned that year. The margin increased to 17.32% by December 31, 2021, suggesting an improvement in profit generation efficiency.
By December 31, 2022, the net profit margin further increased to 18.36%, demonstrating a stronger performance in converting revenue into profit. However, there was a slight decrease in the net profit margin to 16.46% by December 31, 2023.
The latest data point, December 31, 2024, shows a net profit margin of 13.94%, indicating a decline in profitability compared to the previous year. It is important to closely monitor the trend in net profit margin over time to assess the company's overall financial health and efficiency in managing its operational costs and revenue generation.
Peer comparison
Dec 31, 2024