Monarch Casino & Resort (MCRI) Gross Margin (2010 - 2026)
Monarch Casino & Resort (MCRI) posted Gross Margin of 27.09% for Q2 2026, up 5.84% on a QoQ basis from 25.59% in Q1 2026, and up 160.0% year-over-year from 10.42% in Q2 2025.
Analysis
Monarch Casino & Resort (MCRI) Gross Margin (2010 - 2026) Analysis & Trends
Monarch Casino & Resort has reported Gross Margin for 17 years, with the latest figure at 27.09% in Q2 2026.
- On a quarterly basis, Gross Margin rose 160.0% year-over-year to 27.09% in Q2 2026; TTM through Jun 2026 was 25.06%, a 647.0% increase from a year earlier, with the FY2025 full-year figure at 23.39%, up 567.0% from the prior year.
- Gross Margin was 27.09% for Q2 2026 at Monarch Casino & Resort, up from 25.59% in the prior quarter.
- The five-year high for Gross Margin was 27.19% in Q3 2022, with the low at 2.9% in Q4 2024.
- Average Gross Margin over 5 years is 22.06%, with a median of 23.16% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 1690 bps in 2024, then soared 1789 bps in 2025.
- Over 5 years, Gross Margin stood at 23.29% in 2022, then fell by 15 bps to 19.8% in 2023, then tumbled by 85 bps to 2.9% in 2024, then surged by 616 bps to 20.79% in 2025, then soared by 30 bps to 27.09% in 2026.
- The last three Gross Margin figures came in at 27.09% (Q2 2026), 25.59% (Q1 2026), and 20.79% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn | 61.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn | 72.65% |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn | 74.13% |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn | 82.32% |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn | 55.14% |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | 27.09% |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn | 97.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.09% |
| 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% |