Mister Car Wash, Inc. Common Stock (MCW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 181,409 | 186,483 | 179,953 | 174,140 | 178,145 | 179,828 | 179,684 | 181,367 | 187,719 | 196,148 | 192,760 | 499 | -4,510 | 18,218 | 21,926 | 164,116 | 143,098 |
| 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 |
| Operating profit margin | 18.24% | 19.15% | 18.78% | 18.52% | 19.22% | 19.73% | 20.08% | 20.54% | 21.42% | 22.98% | 23.21% | 0.06% | -0.59% | 2.50% | 3.18% | 27.57% | 24.89% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $181,409K ÷ $994,727K
= 18.24%
The operating profit margin of Mister Car Wash, Inc. Common Stock has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The margin started relatively strong at 24.89% on December 31, 2020, and increased steadily to reach a peak of 27.57% on March 31, 2021. However, there was a significant decline in the margin to 3.18% on June 30, 2021, followed by a further drop to 2.50% on September 30, 2021.
The trend continued to deteriorate with negative margins recorded on December 31, 2021, and March 31, 2022. However, there was a notable recovery by June 30, 2022, where the operating profit margin jumped to 23.21%. Subsequently, the margin fluctuated between 20%-23% until December 31, 2024, ranging from 18.24% to 19.73%.
Overall, the operating profit margin of Mister Car Wash, Inc. Common Stock experienced volatile fluctuations during the period, with some periods of strong performance and others marked by declines. Despite the variations, the company managed to maintain a range of profitability throughout the observed timeframe.
Peer comparison
Dec 31, 2024