Monarch Casino & Resort Inc (MCRI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -72,217 | -8,871 | -730 | 176 | -57,594 |
| Revenue | US$ in thousands | 521,937 | 501,012 | 476,398 | 395,377 | 184,413 |
| Operating profit margin | -13.84% | -1.77% | -0.15% | 0.04% | -31.23% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-72,217K ÷ $521,937K
= -13.84%
Monarch Casino & Resort Inc's operating profit margin has shown significant fluctuations over the past five years. The company experienced a negative operating profit margin of -31.23% on December 31, 2020. However, by the end of 2021, the operating profit margin improved slightly to 0.04%. Unfortunately, this trend was short-lived as the margin decreased to -0.15% by December 31, 2022.
The situation worsened in 2023, with the operating profit margin falling to -1.77%, indicating increased operating expenses relative to revenues. The most recent data as of December 31, 2024, shows a significant decline with an operating profit margin of -13.84%.
Overall, the negative operating profit margins suggest that Monarch Casino & Resort Inc may be facing challenges in managing its operating costs efficiently or generating sufficient revenues to cover expenses. Further analysis of the company's cost structure and revenue streams would be necessary to determine the underlying causes of these fluctuations.
Peer comparison
Dec 31, 2024