Marcus (MCS) Operating Margin (2010 - 2026)
Marcus' Operating Margin came in at 11.68% for Q2 2026, up 5.37 percentage points from 6.31% a year earlier and up 24.15 percentage points from the prior quarter.
Marcus (MCS) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marcus reported Operating Margin of 4.09%, up 1.10 percentage points year-over-year; for FY2025, it was 2.25%, up 0.05 percentage points from FY2024.
- Operating Margin carries a five-year change of +77.32 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 2.20% in FY2024 (-2.45 pp), 4.65% in FY2023 (+3.42 pp), 1.23% in FY2022 (+10.27 pp) and -9.05% in FY2021 (+66.02 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q3 2024.
- Year-over-year, Operating Margin has increased for three consecutive quarters, with an average year-over-year change of +1.37 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 158.63 percentage points), and the weakest in Q4 2022 (a drop of 9.99 percentage points).
- Business Quant data shows MCS's Operating Margin at -12.47% (Q1 2026), 0.90% (Q4 2025) and 10.82% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.88 Bn | 7.38 Bn | 2.36 Bn | 8.83% |
| 2 | Liberty Media | 25.35 Bn | 19.15 Bn | 494.00 Mn | 19.33% |
| 3 | TKO Group Holdings | 13.90 Bn | 11.06 Bn | 871.13 Mn | 27.76% |
| 4 | Liberty Live Holdings | 9.40 Bn | 7.31 Bn | 20.12 Mn | -10.96% |
| 5 | Cinemark Holdings | 4.46 Bn | 870.56 Mn | - | 39.11% |
| 6 | Madison Square Garden Entertainment | 3.67 Bn | 2.70 Bn | 90.38 Mn | 4.48% |
| 7 | Amc Entertainment Holdings | 2.79 Bn | 494.56 Mn | 1.13 Bn | 14.53% |
| 8 | Marcus | 821.34 Mn | 700.09 Mn | 113.63 Mn | 12.74% |
| 9 | Reading International | 39.37 Mn | 9.48 Mn | 14.10 Mn | 11.18% |
| 10 | Nip | 10.27 Mn | -30,357.31 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.74% |
| Jun 30, 2026 | 11.68% |
| Mar 31, 2026 | -12.47% |
| Dec 31, 2025 | 0.90% |
| Sep 30, 2025 | 10.82% |
| Jun 30, 2025 | 6.31% |
| Mar 31, 2025 | -13.72% |
| Dec 26, 2024 | -1.16% |
| Sep 26, 2024 | 14.09% |
| Jun 27, 2024 | 1.27% |
| Mar 28, 2024 | -12.03% |
| Dec 28, 2023 | 0.72% |
| Sep 28, 2023 | 10.03% |
| Jun 29, 2023 | 10.05% |
| Mar 30, 2023 | -5.90% |
| Dec 29, 2022 | -1.68% |
| Sep 29, 2022 | 4.87% |
| Jun 30, 2022 | 9.52% |
| Mar 31, 2022 | -12.70% |
| Dec 30, 2021 | 8.31% |
Marcus Operating Margin 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=operating-margin&ticker=MCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MCS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();