Murano Global Investments (MRNO) Selling, General & Administrative (2023 - 2025)
Murano Global Investments (MRNO) reported Selling, General & Administrative of $74.56 million for the quarter ended Dec 31, 2025, up 35.7% from $54.93 million a year earlier.
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Analysis
Murano Global Investments (MRNO) Selling, General & Administrative (2023 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Murano Global Investments posted Selling, General & Administrative of $80.9 million, up 6.5% from the prior year.
- Selling, General & Administrative has increased for four consecutive years, with a four-year compound annual growth rate of 104.6% (years ended Dec 2021 to Dec 2025).
- By year, Selling, General & Administrative came in at $75.96 million in the year ended Dec 31, 2024 (+119.1%), $34.66 million in the year ended Dec 31, 2023 (+178.0%), $12.47 million in the year ended Dec 31, 2022 (+170.3%) and $4.61 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Dec 31, 2025 ranks as the highest quarterly Selling, General & Administrative in data going back to the quarter ended Mar 31, 2023.
- Year over year, Selling, General & Administrative gained in five of the last six quarters, with growth averaging 99.7%.
- Per Business Quant data, the three quarters before the quarter ended Dec 31, 2025 came in at -$32.37 million (quarter ended Sep 30, 2025), $20.41 million (quarter ended Jun 30, 2025) and $19.13 million (quarter ended Mar 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.17 Bn | 107.44 Bn | 1.54 Bn | 214.00 Mn |
| 2 | Royal Caribbean Cruises | 90.21 Bn | 87.14 Bn | 2.88 Bn | 519.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.39 Bn | 80.13 Bn | 3.05 Bn | 110.00 Mn |
| 4 | Carnival | 41.72 Bn | 34.90 Bn | - | 834.00 Mn |
| 5 | Viking Holdings | 38.70 Bn | 23.82 Bn | 996.62 Mn | 268.67 Mn |
| 6 | Trip.com | 28.88 Bn | -16.16 Bn | 1.84 Bn | 933.00 Mn |
| 7 | Intercontinental Hotels | 27.77 Bn | 23.74 Bn | - | - |
| 8 | Hyatt Hotels | 17.35 Bn | 14.77 Bn | 384.00 Mn | 102.00 Mn |
| 9 | H World | 15.40 Bn | 6.80 Bn | 456.00 Mn | 102.00 Mn |
| 10 | Murano Global Investments | 15.70 Mn | -56.18 Mn | - | 21.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 21.39 Mn |
| Sep 30, 2025 | 42.46 Mn |
| Jun 30, 2025 | 9.01 Mn |
| Mar 31, 2025 | 9.42 Mn |
| Dec 31, 2024 | 34.83 Mn |
| Sep 30, 2024 | 23.91 Mn |
| Jun 30, 2024 | 8.89 Mn |
| Mar 31, 2024 | 4.69 Mn |
| Dec 31, 2023 | 34.41 Mn |
| Sep 30, 2023 | -17.57 Mn |
| Jun 30, 2023 | 8.74 Mn |
| Mar 31, 2023 | 8.01 Mn |
API Access
Murano Global Investments Selling, General & Administrative 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=selling-general-and-administrative&ticker=MRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "MRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=MRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();