Mister Car Wash Inc (MCW)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 699,282 | 696,932 | 693,172 | 691,626 | 697,003 | 654,646 | 637,230 | 441,930 |
| Revenue (ttm) | US$ in thousands | 851,841 | 842,355 | 836,825 | 833,041 | 835,560 | 795,145 | 774,865 | 742,576 |
| Gross profit margin | 82.09% | 82.74% | 82.83% | 83.02% | 83.42% | 82.33% | 82.24% | 59.51% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $699,282K ÷ $851,841K
= 82.09%
Mister Car Wash Inc's gross profit margin has exhibited consistent strength in recent quarters, hovering around the high 60% range. This indicates that the company is effectively managing its production costs and generating strong revenues from its core operations. The slight fluctuations observed from quarter to quarter are relatively minimal and do not suggest any concerning trends. Overall, the stability and relatively high level of the gross profit margin showcase Mister Car Wash Inc's ability to maintain healthy profitability in its business operations.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
Mister Car Wash Inc
MCW
82.09%
Monro Muffler Brake Inc
MNRO
35.95%