Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026)
Monarch Casino & Resort (MCRI) posted Tax Rate of 17.38% for Q2 2026, down 22.31% on a QoQ basis from 22.37% in Q1 2026, and down 609.0% year-over-year from 3.41% in Q2 2025.
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Analysis
Monarch Casino & Resort (MCRI) Tax Rate (2010 - 2026) Analysis & Trends
Monarch Casino & Resort has reported Tax Rate for 17 years, with the latest figure at 17.38% in Q2 2026.
- On a quarterly basis, Tax Rate fell 609.0% year-over-year to 17.38% in Q2 2026; TTM through Jun 2026 was 21.27%, a 992.0% decrease from a year earlier, with the FY2025 full-year figure at 22.99%, down 879.0% from the prior year.
- Tax Rate was 17.38% for Q2 2026 at Monarch Casino & Resort, down from 22.37% in the prior quarter.
- The five-year high for Tax Rate was 233.2% in Q4 2024, with the low at 12.47% in Q1 2022.
- Average Tax Rate over 5 years is 33.68%, with a median of 22.52% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 20459 bps in 2024, then slumped 20451 bps in 2025.
- Over 5 years, Tax Rate stood at 19.53% in 2022, then jumped by 46 bps to 28.6% in 2023, then jumped by 715 bps to 233.2% in 2024, then slumped by 88 bps to 28.69% in 2025, then tumbled by 39 bps to 17.38% in 2026.
- The last three Tax Rate figures came in at 17.38% (Q2 2026), 22.37% (Q1 2026), and 28.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 19.09% |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 21.94% |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 8.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 22.64% |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 26.22% |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 23.83% |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 14.97% |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 17.88% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 17.38% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | -5.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.38% |
| Mar 31, 2026 | 22.37% |
| Dec 31, 2025 | 28.69% |
| Sep 30, 2025 | 18.51% |
| Jun 30, 2025 | 23.47% |
| Mar 31, 2025 | 22.51% |
| Dec 31, 2024 | 233.20% |
| 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% |