Mister Car Wash, Inc. Common Stock (MCW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 70,239 | 80,130 | 112,900 | -22,045 | 60,403 |
| Revenue | US$ in thousands | 994,727 | 927,070 | 876,506 | 758,357 | 574,941 |
| Net profit margin | 7.06% | 8.64% | 12.88% | -2.91% | 10.51% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $70,239K ÷ $994,727K
= 7.06%
The net profit margin of Mister Car Wash, Inc. Common Stock has displayed variability over the past five years. On December 31, 2020, the net profit margin stood at 10.51%, indicating that the company generated a profit of 10.51% for every dollar of revenue earned. However, by December 31, 2021, the net profit margin declined significantly to -2.91%, implying that the company incurred a loss in relation to its revenue during that period.
Subsequently, there was a notable recovery in the net profit margin, reaching 12.88% by December 31, 2022, suggesting improved profitability. The trend continued into the following year, with a slight decrease in the net profit margin to 8.64% by December 31, 2023. Finally, by December 31, 2024, the net profit margin further declined to 7.06%.
The fluctuations in the net profit margin indicate variations in the company's ability to control costs, manage expenses, and generate profits over the years. Further analysis of the underlying factors driving these fluctuations would be essential to understand the company's financial performance in more detail.
Peer comparison
Dec 31, 2024