Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026)

Monarch Casino & Resort (MCRI) recorded quarterly Tax Rate of 22.37% in Q1 2026, down 22.01% quarter-over-quarter from 28.69% in Q4 2025, and down 14.0% on a YoY basis from 26.01% in Q1 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.

  • In Q1 2026, Tax Rate fell 14.0% year-over-year to 22.37%; the TTM figure through Mar 2026 stood at 22.92% (up 185.0% YoY), while the FY2025 annual figure was 22.99%, up 175.0% from the prior year.
  • Tax Rate was 22.37% for Q1 2026 at Monarch Casino & Resort, down from 28.69% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 28.69% in Q4 2025 to a low of 1.52% in Q4 2024.
  • Historically, Tax Rate has averaged 20.82% across 5 years, with a median of 22.51% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 2985 bps in 2024, then soared 3021 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 19.53% in 2022, then jumped by 45 bps to 28.34% in 2023, then sank by 105 bps to 1.52% in 2024, then soared by 1989 bps to 28.69% in 2025, then declined by 22 bps to 22.37% in 2026.
  • The last three Tax Rate figures came in at 22.37% (Q1 2026), 28.69% (Q4 2025), and 18.51% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 6.31%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 23.88%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -9.13%
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -16.90%
5 Vail Resorts 4.85 Bn 4.81 Bn - 24.25%
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 8.11%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 13.69%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 51.11%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 147.46%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 22.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.37%
Mar 31, 2026 22.37%
Dec 31, 2025 28.69%
Dec 31, 2025 28.69%
Sep 30, 2025 18.51%
Sep 30, 2025 18.51%
Jun 30, 2025 23.47%
Jun 30, 2025 23.47%
Mar 31, 2025 22.51%
Mar 31, 2025 22.51%
Dec 31, 2024 -1.52%
Dec 31, 2024 -1.52%
Sep 30, 2024 21.44%
Sep 30, 2024 21.44%
Jun 30, 2024 22.59%
Jun 30, 2024 22.59%
Mar 31, 2024 23.27%
Mar 31, 2024 23.27%
Dec 31, 2023 28.34%
Dec 31, 2023 28.34%