Monarch Casino & Resort Inc (MCRI)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 34,776 | -2,145 | -5,209 | -4,038 | -3,237 | 1,433 | 1,729 | -1,960 | -3,163 | 2,256 | 3,666 | 5,445 | -375 | -17,643 | -30,436 | -48,687 | -55,972 | -31,774 | -32,975 | -22,128 |
| Revenue (ttm) | US$ in thousands | 525,742 | 519,325 | 514,417 | 510,431 | 504,574 | 496,616 | 494,378 | 485,510 | 477,157 | 469,036 | 446,939 | 427,969 | 392,852 | 344,759 | 291,098 | 208,535 | 184,745 | 182,882 | 190,498 | 239,503 |
| Operating profit margin | 6.61% | -0.41% | -1.01% | -0.79% | -0.64% | 0.29% | 0.35% | -0.40% | -0.66% | 0.48% | 0.82% | 1.27% | -0.10% | -5.12% | -10.46% | -23.35% | -30.30% | -17.37% | -17.31% | -9.24% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $34,776K ÷ $525,742K
= 6.61%
The operating profit margin of Monarch Casino & Resort Inc has shown a fluctuating trend over the periods from March 31, 2020, to December 31, 2024.
Initially, the company experienced negative operating profit margins, indicating that its operating expenses were surpassing its operating income. This negative trend continued through most of 2020 and early 2021. However, from March 31, 2022, to June 30, 2024, there was a gradual improvement in the operating profit margin, with the company entering positive territory in some quarters.
The significant turnaround occurred in the fourth quarter of 2024, where the operating profit margin surged to 6.61%, marking a notable improvement in the company's operational efficiency and income generation.
Overall, the operating profit margin trend suggests that Monarch Casino & Resort Inc faced challenges in containing operating expenses and generating operating income initially, but managed to improve its performance significantly by the end of 2024. This positive shift could indicate enhanced cost management practices or increased revenue streams for the company.
Peer comparison
Dec 31, 2024