Mister Car Wash, Inc. Common Stock (MCW)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 998,352 | 979,403 | 949,400 | 928,724 | 915,035 | 892,717 | 865,366 | 828,741 | 801,128 | 775,572 | 747,406 | 701,354 | 657,152 | 608,188 | 574,017 | 41,596 | 16,650 |
| ROE | 7.04% | 7.50% | 7.44% | 8.14% | 8.76% | 9.58% | 10.40% | 11.89% | 14.09% | 16.95% | 18.04% | -1.59% | -3.35% | -2.95% | -4.43% | 183.02% | 362.78% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $70,239K ÷ $998,352K
= 7.04%
The return on equity (ROE) of Mister Car Wash, Inc. Common Stock has exhibited significant fluctuations over the analyzed periods. Starting at an exceptionally high level of 362.78% on December 31, 2020, the ROE experienced a drastic decline to -4.43% by June 30, 2021. This negative trend continued through the end of 2021, with ROE figures staying in the negative territory.
However, beginning in June 2022, there was a notable recovery in the ROE, gradually increasing to 18.04% by that quarter. This positive momentum was sustained through 2023, with ROE showing a downward but relatively stable trend. The ratios hovered between 9.58% and 11.89% through September 30, 2023, signaling a period of moderate performance and operational stability.
From December 31, 2023, to December 31, 2024, the ROE further decreased marginally, ending the period at 7.04%. This indicated a slight decline in profitability compared to the earlier quarters of 2023. Overall, the ROE trend reflects a mix of extreme fluctuations and more tempered variations, suggesting varying degrees of financial performance and shareholder returns over the analyzed time frame.
Peer comparison
Dec 31, 2024