Mister Car Wash Inc (MCW)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 80,130 | 85,509 | 90,021 | 98,548 | 112,900 | 131,449 | 134,818 | -11,141 |
| Revenue (ttm) | US$ in thousands | 851,841 | 842,355 | 836,825 | 833,041 | 835,560 | 795,145 | 774,865 | 742,576 |
| Net profit margin | 9.41% | 10.15% | 10.76% | 11.83% | 13.51% | 16.53% | 17.40% | -1.50% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $80,130K ÷ $851,841K
= 9.41%
The net profit margin of Mister Car Wash Inc has shown a declining trend over the past five quarters, starting at 12.88% in Q4 2022 and decreasing to 8.64% in Q4 2023. This indicates that the company's profitability relative to its revenue has been decreasing over time. It is important to further investigate the reasons behind this trend, such as changes in expenses, pricing strategies, or efficiency of operations, to determine the overall financial health and performance of the company.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Mister Car Wash Inc
MCW
9.41%
Monro Muffler Brake Inc
MNRO
2.99%