Monarch Casino & Resort (MCRI) Return on Invested Capital [ROIC] (2011 - 2024)
Monarch Casino & Resort's Return on Invested Capital [ROIC] came in at -42.16% for Q3 2024, down 1.60 percentage points from -40.56% a year earlier but up 0.16 percentage points from the prior quarter.
Monarch Casino & Resort (MCRI) Return on Invested Capital [ROIC] (2011 - 2024) Analysis & Trends
For FY2023, Monarch Casino & Resort's Return on Invested Capital [ROIC] was -40.14%, down 2.32 percentage points from FY2022.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a five-year change of -4.21 percentage points (FY2018 to FY2023).
- Going back by year, Return on Invested Capital [ROIC] was -37.83% in FY2022 (-5.91 pp), -31.92% in FY2021 (-3.54 pp), -28.38% in FY2020 (+0.94 pp) and -29.32% in FY2019 (+6.61 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -42.32% (Q2 2024) to -23.20% (Q3 2020).
- Year-over-year, Return on Invested Capital [ROIC] has declined for eight consecutive quarters, with an average year-over-year change of -3.55 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2019 (a gain of 5.98 percentage points), and the weakest in Q3 2021 (a drop of 14.38 percentage points).
- Business Quant data shows MCRI's Return on Invested Capital [ROIC] at -42.32% (Q2 2024), -41.73% (Q1 2024) and -41.51% (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 14.68% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -15.70% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -3.04% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 8.48% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 10.11% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 10.62% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 9.49% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 11.14% |
| 10 | Monarch Casino & Resort | 2.11 Bn | 1.64 Bn | 38.62 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -42.16% |
| Jun 30, 2024 | -42.32% |
| Mar 31, 2024 | -41.73% |
| Dec 31, 2023 | -41.51% |
| Sep 30, 2023 | -40.56% |
| Jun 30, 2023 | -39.29% |
| Mar 31, 2023 | -38.45% |
| Dec 31, 2022 | -37.64% |
| Sep 30, 2022 | -36.62% |
| Jun 30, 2022 | -35.76% |
| Mar 31, 2022 | -34.49% |
| Dec 31, 2021 | -32.44% |
| Sep 30, 2021 | -37.58% |
| Jun 30, 2021 | -34.28% |
| Mar 31, 2021 | -29.39% |
| Dec 31, 2020 | -28.41% |
| Sep 30, 2020 | -23.20% |
| Jun 30, 2020 | -24.84% |
| Mar 31, 2020 | -26.53% |
| Dec 31, 2019 | -26.67% |
Monarch Casino & Resort Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MCRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MCRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MCRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();