Mister Car Wash, Inc. Common Stock (MCW)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 70,239 | 73,447 | 70,590 | 75,631 | 80,130 | 85,509 | 90,021 | 98,548 | 112,900 | 131,449 | 134,818 | -11,141 | -22,045 | -17,922 | -25,419 | 76,127 | 60,403 |
| Revenue (ttm) | US$ in thousands | 994,727 | 973,695 | 958,442 | 940,293 | 927,070 | 911,282 | 894,782 | 883,047 | 876,506 | 853,613 | 830,347 | 802,268 | 758,357 | 728,935 | 690,421 | 595,197 | 574,941 |
| Net profit margin | 7.06% | 7.54% | 7.37% | 8.04% | 8.64% | 9.38% | 10.06% | 11.16% | 12.88% | 15.40% | 16.24% | -1.39% | -2.91% | -2.46% | -3.68% | 12.79% | 10.51% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $70,239K ÷ $994,727K
= 7.06%
The net profit margin of Mister Car Wash, Inc. Common Stock has exhibited fluctuations over the monitoring period from December 31, 2020, to December 31, 2024. The margin started at 10.51% in December 2020, showing a positive trend until June 2021, when it decreased significantly to -3.68%. This negative trend continued until the end of September 2021, with a net profit margin of -2.46%.
From December 31, 2021, a slight improvement was observed by the end of December 2021, with a net profit margin of -2.91%. Thereafter, the trend started improving, demonstrating positive net profit margins of 16.24% and 15.40% by June and September 2022, respectively.
The positive momentum continued until December 2022 with a net profit margin of 12.88%. However, there was a slight decline in the first half of 2023, where the margin dropped to 8.64% by the end of December 2023.
Subsequently, the net profit margin exhibited further declines until the end of December 2024, reaching 7.06%. Overall, the net profit margin of Mister Car Wash, Inc. Common Stock has shown fluctuations over the monitoring period, with periods of improvement followed by slight declines. It is crucial for investors to monitor these trends to assess the company's profitability and financial performance effectively.
Peer comparison
Dec 31, 2024