Monarch Casino & Resort Inc (MCRI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.59% | 21.95% | 21.50% | 21.71% | 21.83% | 22.72% | 23.73% | 23.33% | 23.36% | 23.28% | 22.79% | 23.35% | 22.88% | 20.10% | 18.44% | 11.72% | 8.27% | 9.71% | 8.32% | 13.76% |
| 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% |
| Pretax margin | 17.57% | 21.90% | 21.41% | 21.51% | 21.51% | 22.33% | 23.23% | 22.84% | 22.85% | 22.65% | 22.13% | 22.53% | 21.73% | 18.92% | 17.35% | 10.81% | 8.12% | 9.71% | 8.32% | 13.76% |
| Net profit margin | 13.84% | 16.71% | 16.20% | 16.27% | 16.34% | 17.45% | 18.21% | 17.93% | 18.33% | 18.10% | 17.84% | 18.33% | 17.43% | 18.53% | 17.97% | 14.30% | 12.82% | 7.99% | 6.93% | 11.20% |
The profitability ratios of Monarch Casino & Resort Inc have shown varying trends over the years.
1. Gross Profit Margin: The company's gross profit margin has generally improved from 13.76% in March 2020 to a peak of 23.73% in June 2023 before slightly dropping to 21.83% in December 2023. In the latest period of December 2024, the gross profit margin stands at 17.59%. This indicates that the company has been effectively managing its direct costs of goods sold over the years, although there was a slight decrease more recently.
2. Operating Profit Margin: Monarch Casino & Resort Inc has shown a significant improvement in its operating profit margin from negative percentages in 2020 to a peak of 6.61% in December 2024. This indicates that the company has been able to control its operating expenses and improve operational efficiency over time.
3. Pretax Margin: The pretax margin has shown a relatively stable trend, with fluctuations within a certain range. The margin increased from 13.76% in March 2020 to 23.23% in June 2023, before gradually declining to 17.57% in December 2024. This suggests that Monarch Casino & Resort Inc has been able to maintain its profitability before taxes despite fluctuations in other profitability ratios.
4. Net Profit Margin: The net profit margin has also shown a relatively stable trend, with a peak of 18.33% in December 2022 before decreasing to 13.84% in December 2024. This indicates that the company has been able to effectively manage its overall expenses and taxes to generate profits, although there has been a slight decrease in the most recent period.
Overall, Monarch Casino & Resort Inc has shown improvements in its profitability margins over the years, particularly in terms of gross profit and operating profit margins. However, the company needs to continue monitoring and managing its costs effectively to sustain and further enhance its profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | 5.03% | -0.32% | -0.77% | -0.60% | -0.48% | 0.22% | 0.26% | -0.30% | -0.46% | 0.33% | 0.53% | 0.79% | -0.05% | -2.62% | -4.56% | -7.32% | -8.33% | -5.30% | -5.52% | -3.72% |
| Return on assets (ROA) | 10.52% | 12.93% | 12.39% | 12.26% | 12.11% | 13.05% | 13.53% | 13.11% | 12.62% | 12.33% | 11.49% | 11.35% | 9.92% | 9.50% | 7.84% | 4.48% | 3.52% | 2.44% | 2.21% | 4.51% |
| Return on total capital | 6.72% | 6.36% | 11.30% | 16.15% | 20.98% | 21.88% | 22.19% | 21.85% | 20.51% | 20.89% | 18.32% | 18.28% | 16.74% | 16.15% | 14.01% | 8.49% | 6.84% | 4.69% | 4.31% | 7.66% |
| Return on equity (ROE) | 14.05% | 16.90% | 16.72% | 16.32% | 16.07% | 17.25% | 18.68% | 18.78% | 16.23% | 16.48% | 16.40% | 16.86% | 15.29% | 15.05% | 13.04% | 7.85% | 6.43% | 4.13% | 3.88% | 7.79% |
The profitability ratios of Monarch Casino & Resort Inc show fluctuations over the analyzed period.
1. Operating return on assets (Operating ROA) started with negative values, indicating inefficiency in generating profits from its assets. However, the ratio improved gradually, turning positive in the last few periods, signifying better operational efficiency in utilizing assets to generate profits.
2. Return on assets (ROA) also exhibited an upward trend over time, reflecting the company's ability to generate profits from its total assets. The ratio consistently increased, indicating improved profitability and asset utilization.
3. Return on total capital initially demonstrated fluctuations but generally increased over time, reflecting the company's ability to generate returns for both debt and equity holders. However, the ratio showed a decline in the latter periods, indicating a potential decrease in overall profitability relative to the total invested capital.
4. Return on equity (ROE) also displayed an increasing trend over the analyzed period, highlighting the company's ability to generate profits for its shareholders from the equity invested. However, the ratio showed a slight decrease in the last few periods, suggesting a potential slowdown in profitability growth relative to the shareholders' equity.
Overall, Monarch Casino & Resort Inc has shown improvements in profitability ratios over time, indicating better operational efficiency and profitability. However, the company should monitor its profitability metrics closely to sustain and enhance its financial performance in the future.