Monarch Casino & Resort (MCRI) Gross Margin (2010 - 2026)
Monarch Casino & Resort's (MCRI) quarterly Gross Margin came in at 25.59% in Q1 2026, up 540.0% year-on-year from 4.0% in Q1 2025, and up 23.1% quarter-over-quarter from 20.79% in Q4 2025.
Monarch Casino & Resort (MCRI) Gross Margin (2010 - 2026) Analysis & Trends
Monarch Casino & Resort's Gross Margin history runs 17 years deep, the most recent figure standing at 25.59% for Q1 2026.
- On a quarterly basis, Gross Margin rose 540.0% year-over-year to 25.59% in Q1 2026; TTM through Mar 2026 was 24.65%, a 677.0% increase from a year earlier, with the FY2025 full-year figure at 23.39%, up 567.0% from the prior year.
- Gross Margin grew to 25.59% in Q1 2026 per MCRI's latest filing, from 20.79% in the prior quarter.
- Across five years, Gross Margin topped out at 27.19% in Q3 2022 and bottomed at 2.9% in Q4 2024.
- The 5-year median for Gross Margin is 23.03% (2024), against an average of 21.76%.
- Across the five-year window, Gross Margin plunged 1690 bps in 2024 and jumped 1789 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 23.29% in 2022, then declined by 15 bps to 19.8% in 2023, then slumped by 85 bps to 2.9% in 2024, then jumped by 616 bps to 20.79% in 2025, then rose by 23 bps to 25.59% in 2026.
- Per Business Quant, the three latest MCRI Gross Margin figures stand at 25.59% (Q1 2026), 20.79% (Q4 2025), and 26.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 97.43% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 97.02% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 94.08% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 98.68% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 96.69% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 95.41% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 85.38% |
| 10 | Monarch Casino & Resort | 2.14 Bn | 2.02 Bn | 34.95 Mn | 25.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.59% |
| Dec 31, 2025 | 20.79% |
| Sep 30, 2025 | 26.73% |
| Jun 30, 2025 | 25.49% |
| Mar 31, 2025 | 20.19% |
| Dec 31, 2024 | 2.90% |
| Sep 30, 2024 | 25.59% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 19.57% |
| Dec 31, 2023 | 19.80% |
| Sep 30, 2023 | 23.99% |
| Jun 30, 2023 | 24.02% |
| Mar 31, 2023 | 19.85% |
| Dec 31, 2022 | 23.29% |
| Sep 30, 2022 | 27.19% |
| Jun 30, 2022 | 22.26% |
| Mar 31, 2022 | 19.71% |
| Dec 31, 2021 | 23.23% |
| Sep 30, 2021 | 26.01% |
| Jun 30, 2021 | 24.30% |