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| Date | Value |
|---|---|
| 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% |