Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026)
Monarch Casino & Resort's (MCRI) quarterly Tax Rate came in at 22.37% in Q1 2026, down 14.0% year-on-year from 26.01% in Q1 2025, and up 131.52% quarter-over-quarter from 70.98% in Q4 2025.
Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026) Analysis & Trends
Monarch Casino & Resort's Tax Rate history runs 17 years deep, the most recent figure standing at 22.37% for Q1 2026.
- On a quarterly basis, Tax Rate fell 14.0% year-over-year to 22.37% in Q1 2026; TTM through Mar 2026 was 1.64%, a 30.0% decrease from a year earlier, with the FY2025 full-year figure at 0.08%, down 165.0% from the prior year.
- Tax Rate improved to 22.37% in Q1 2026 per MCRI's latest filing, from 70.98% in the prior quarter.
- Across five years, Tax Rate topped out at 28.34% in Q4 2023 and bottomed at 436.19% in Q4 2024.
- The 5-year median for Tax Rate is 22.37% (2026), against an average of 11.33%.
- Across the five-year window, Tax Rate sank 46452 bps in 2024 and jumped 36520 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 7.33% in 2022, then surged by 286 bps to 28.34% in 2023, then slumped by 1639 bps to 436.19% in 2024, then soared by 84 bps to 70.98% in 2025, then surged by 132 bps to 22.37% in 2026.
- Per Business Quant, the three latest MCRI Tax Rate figures stand at 22.37% (Q1 2026), 70.98% (Q4 2025), and 18.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 14.30 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 13.58 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 6.29 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 23.88 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -9.13 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -16.90 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 23.69 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 8.11 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 13.69 |
| 10 | Monarch Casino & Resort | 2.14 Bn | 2.02 Bn | 34.95 Mn | 22.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.37 |
| Mar 31, 2026 | 22.37 |
| Mar 31, 2026 | 22.37 |
| Dec 31, 2025 | -70.98 |
| Dec 31, 2025 | -70.98 |
| Dec 31, 2025 | -70.98 |
| Sep 30, 2025 | 18.51 |
| Sep 30, 2025 | 18.51 |
| Sep 30, 2025 | 18.51 |
| Jun 30, 2025 | 23.47 |
| Jun 30, 2025 | 23.47 |
| Jun 30, 2025 | 23.47 |
| Mar 31, 2025 | 22.51 |
| Mar 31, 2025 | 22.51 |
| Mar 31, 2025 | 22.51 |
| Dec 31, 2024 | -436.19 |
| Dec 31, 2024 | -436.19 |
| Dec 31, 2024 | -436.19 |
| Sep 30, 2024 | 21.44 |
| Sep 30, 2024 | 21.44 |