Studio City International Holdings (MSC) EBITDA Margin (2017 - 2026)
Studio City International Holdings (MSC) posted quarterly EBITDA Margin of 45.29% for Q1 2026, up 206.0% year-over-year from 14.8% in Q1 2025, and up 20.63% quarter-over-quarter from 37.55% in Q4 2025.
Studio City International Holdings (MSC) EBITDA Margin (2017 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has reported EBITDA Margin for 10 consecutive years, with 45.29% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin rose 206.0% year-over-year to 45.29%; the TTM figure through Mar 2026 stood at 41.53% (up 326.0% YoY), while the FY2025 annual figure was 40.97%, up 258.0% from the prior year.
- EBITDA Margin rose to 45.29% in Q1 2026 per MSC's latest filing, from 37.55% in the prior quarter.
- Across five years, EBITDA Margin topped out at 2127.86% in Q2 2022 and bottomed at 17.66% in Q1 2023.
- Historically, EBITDA Margin has averaged 298.32% across 5 years, with a median of 42.78% in 2025.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 215815 bps — and 2023, when it tumbled 210262 bps.
- Studio City International Holdings' EBITDA Margin stood at 813.33% in 2022, then plunged by 94 bps to 45.85% in 2023, then slipped by 19 bps to 37.12% in 2024, then advanced by 1 bps to 37.55% in 2025, then climbed by 21 bps to 45.29% in 2026.
- Business Quant data shows MSC's EBITDA Margin at 45.29% in Q1 2026, 37.55% in Q4 2025, and 42.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.47 Bn | 27.09 Bn | 1.81 Bn | 19.59% |
| 2 | MGM Resorts International | 10.96 Bn | 8.41 Bn | 3.10 Bn | 11.32% |
| 3 | Wynn Resorts | 10.34 Bn | 8.77 Bn | 1.14 Bn | 24.22% |
| 4 | Boyd Gaming | 6.09 Bn | 5.76 Bn | 766.76 Mn | 27.67% |
| 5 | Caesars Entertainment | 6.06 Bn | 5.00 Bn | 2.04 Bn | 27.90% |
| 6 | Vail Resorts | 5.44 Bn | 5.07 Bn | - | 41.00% |
| 7 | Marriott Vacations Worldwide | 3.86 Bn | 3.56 Bn | 1.29 Bn | 10.00% |
| 8 | Hilton Grand Vacations | 3.54 Bn | 3.27 Bn | 499.00 Mn | -56.55% |
| 9 | Red Rock Resorts | 3.51 Bn | 2.90 Bn | 420.02 Mn | 26.65% |
| 10 | Studio City International Holdings | 346.66 Mn | 271.62 Mn | 155.38 Mn | 45.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.29% |
| Dec 31, 2025 | 37.55% |
| Sep 30, 2025 | 42.78% |
| Jun 30, 2025 | 40.19% |
| Mar 31, 2025 | 43.23% |
| Dec 31, 2024 | 37.12% |
| Sep 30, 2024 | 39.04% |
| Jun 30, 2024 | 33.58% |
| Mar 31, 2024 | 44.09% |
| Dec 31, 2023 | 45.85% |
| Sep 30, 2023 | 40.90% |
| Jun 30, 2023 | 25.24% |
| Mar 31, 2023 | 17.66% |
| Dec 31, 2022 | 813.33% |
| Sep 30, 2022 | 1,415.29% |
| Jun 30, 2022 | 2,127.86% |
| Mar 31, 2022 | 222.42% |
| Dec 31, 2021 | -37.17% |
| Sep 30, 2021 | -123.28% |
| Jun 30, 2021 | -30.29% |