Studio City International Holdings (MSC) Capital Expenditures (2017 - 2023)
Studio City International Holdings (MSC) posted quarterly Capital Expenditures of $284.5 million for Q4 2023, down 64.93% year-over-year from $811.2 million in Q4 2022, and down 64.93% quarter-over-quarter from $811.2 million in Q4 2022.
Studio City International Holdings (MSC) Capital Expenditures (2017 - 2023) Analysis & Trends
Studio City International Holdings (MSC) has reported Capital Expenditures for 7 consecutive years, with $284.5 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Capital Expenditures fell 64.93% year-over-year to $284.5 million; the TTM figure through Dec 2023 stood at $896.6 million (up 98.3% YoY), while the FY2025 annual figure was $62.0 million, down 28.57% from the prior year.
- Capital Expenditures eased to $284.5 million in Q4 2023 per MSC's latest filing, from $811.2 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $811.2 million in Q4 2022 and bottomed at -$159.9 million in Q1 2022.
- Historically, Capital Expenditures has averaged $83.5 million across 5 years, with a median of -$15.4 million in 2019.
- Annual changes were most pronounced in 2020 — Capital Expenditures jumped 187.08% — and 2021, when it plunged 3821.44%.
- Studio City International Holdings' Capital Expenditures stood at $119.7 million in 2019, then surged by 187.08% to $343.6 million in 2020, then jumped by 94.12% to $667.0 million in 2021, then gained by 21.61% to $811.2 million in 2022, then tumbled by 64.93% to $284.5 million in 2023.
- Business Quant data shows MSC's Capital Expenditures at $284.5 million in Q4 2023, $811.2 million in Q4 2022, and -$111.9 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.53 Bn | 27.15 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 10.98 Bn | 8.44 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 10.34 Bn | 8.77 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Boyd Gaming | 6.09 Bn | 5.77 Bn | 766.76 Mn | 141.93 Mn |
| 5 | Caesars Entertainment | 6.06 Bn | 5.00 Bn | 2.04 Bn | 167.00 Mn |
| 6 | Vail Resorts | 5.49 Bn | 5.12 Bn | - | 35.06 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.60 Bn | 1.29 Bn | 14.00 Mn |
| 8 | Hilton Grand Vacations | 3.59 Bn | 3.32 Bn | 499.00 Mn | 18.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 139.78 Mn |
| 10 | Studio City International Holdings | 343.77 Mn | 268.74 Mn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 284.51 Mn |
| Dec 31, 2023 | 284.51 Mn |
| Dec 31, 2022 | 811.16 Mn |
| Dec 31, 2022 | 811.16 Mn |
| Sep 30, 2022 | -111.89 Mn |
| Sep 30, 2022 | -111.89 Mn |
| Jun 30, 2022 | -87.23 Mn |
| Jun 30, 2022 | -87.23 Mn |
| Mar 31, 2022 | -159.92 Mn |
| Mar 31, 2022 | -159.92 Mn |
| Dec 31, 2021 | 667.02 Mn |
| Dec 31, 2021 | 667.02 Mn |
| Sep 30, 2021 | -106.28 Mn |
| Sep 30, 2021 | -106.28 Mn |
| Jun 30, 2021 | -75.17 Mn |
| Jun 30, 2021 | -75.17 Mn |
| Mar 31, 2021 | -85.19 Mn |
| Mar 31, 2021 | -85.19 Mn |
| Dec 31, 2020 | 343.60 Mn |
| Dec 31, 2020 | 343.60 Mn |