Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026)
Monarch Casino & Resort (MCRI) reported Tax Rate of 17.38% for Q2 2026, down 6.09 percentage points from 23.47% a year earlier and down 4.99 percentage points from the prior quarter.
Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Monarch Casino & Resort's Tax Rate came in at 20.07%, down 1.41 percentage points year-over-year; for FY2025, it came in at 21.66%, up 0.42 percentage points from FY2024.
- Tax Rate has a four-year change of +1.89 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 21.24% in FY2024 (-2.79 pp), 24.03% in FY2023 (+4.27 pp), 19.76% in FY2022 (-0.02 pp) and 19.78% in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q1 2022.
- Year over year, Tax Rate gained in 1 of the last six quarters, with an average year-over-year change of -1.83 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2023 (a gain of 9.25 percentage points); the low point was Q2 2026 (a drop of 6.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.37% (Q1 2026), 22.90% (Q4 2025) and 18.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 22.47% |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | - |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 25.99% |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | - |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 13.23% |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | - |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 15.96% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 20.36% |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 27.93% |
| 10 | Monarch Casino & Resort | 1.96 Bn | 1.47 Bn | 41.28 Mn | 23.99% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.99% |
| Jun 30, 2026 | 17.38% |
| Mar 31, 2026 | 22.37% |
| Dec 31, 2025 | 22.90% |
| Sep 30, 2025 | 18.51% |
| Jun 30, 2025 | 23.47% |
| Mar 31, 2025 | 22.51% |
| Sep 30, 2024 | 21.44% |
| Jun 30, 2024 | 22.59% |
| Mar 31, 2024 | 23.27% |
| Dec 31, 2023 | 28.60% |
| Sep 30, 2023 | 23.37% |
| Jun 30, 2023 | 22.52% |
| Mar 31, 2023 | 21.72% |
| Dec 31, 2022 | 19.53% |
| Sep 30, 2022 | 22.52% |
| Jun 30, 2022 | 22.14% |
| Mar 31, 2022 | 12.47% |
| Dec 31, 2021 | 20.78% |
| Sep 30, 2021 | 20.73% |
Monarch Casino & Resort Tax Rate 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=tax-rate&ticker=MCRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MCRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();