Mister Car Wash Inc (MCW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 178,145 | 179,828 | 179,684 | 181,367 | 187,719 | 196,148 | 192,760 | 499 |
| Revenue (ttm) | US$ in thousands | 851,841 | 842,355 | 836,825 | 833,041 | 835,560 | 795,145 | 774,865 | 742,576 |
| Operating profit margin | 20.91% | 21.35% | 21.47% | 21.77% | 22.47% | 24.67% | 24.88% | 0.07% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $178,145K ÷ $851,841K
= 20.91%
The operating profit margin of Mister Car Wash Inc has shown a general downward trend over the past five quarters, decreasing from 21.31% in Q4 2022 to 19.23% in Q4 2023. This indicates that the company's ability to generate profits from its core operations has been slightly declining over time. However, it is important to note that the operating profit margin has remained relatively stable within the range of 19.23% to 21.31% during this period, suggesting that Mister Car Wash Inc has maintained consistent profitability levels despite the slight decline. Further analysis of the company's operating expenses and revenue generation may provide insights into the factors contributing to this trend.
Peer comparison
Dec 31, 2023