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
DateValue
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