Studio City International Holdings (MSC) Gross Margin (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Gross Margin came in at 87.55% in Q2 2026, down 116.0% year-over-year from 547.2% in Q2 2025, and little changed quarter-over-quarter from 87.92% in Q1 2026.
Analysis
Studio City International Holdings (MSC) Gross Margin (2017 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has reported Gross Margin for 10 consecutive years, with 87.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 116.0% year-over-year to 87.55% in Q2 2026; TTM through Jun 2026 was 87.17%, a 57.0% increase from a year earlier, with the FY2025 full-year figure at 87.03%, up 105.0% from the prior year.
- Gross Margin was 87.55% for Q2 2026 at Studio City International Holdings, roughly flat from 87.92% in the prior quarter.
- Over five years, Gross Margin peaked at 88.71% in Q2 2025 and troughed at 104.56% in Q2 2022.
- A 5-year average of 62.58% and a median of 85.94% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 18152 bps in 2022 and soared 19236 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 9.37% in 2022, then surged by 1018 bps to 85.97% in 2023, then fell by 1 bps to 85.49% in 2024, then grew by 1 bps to 85.95% in 2025, then gained by 2 bps to 87.55% in 2026.
- The last three Gross Margin figures came in at 87.55% (Q2 2026), 87.92% (Q1 2026), and 85.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 86.86 Bn | 86.40 Bn | 1.97 Bn | 27.87% |
| 2 | Hilton Worldwide Holdings | 69.47 Bn | 68.46 Bn | 3.08 Bn | 92.04% |
| 3 | Hyatt Hotels | 15.22 Bn | 14.62 Bn | 809.00 Mn | 44.23% |
| 4 | H World | 13.21 Bn | 11.10 Bn | 453.94 Mn | 43.23% |
| 5 | Wyndham Hotels & Resorts | 5.14 Bn | 5.07 Bn | 349.00 Mn | 93.07% |
| 6 | Atour Lifestyle Holdings | 4.55 Bn | 3.71 Bn | 511.83 Mn | 99.50% |
| 7 | Choice Hotels International | 4.43 Bn | 4.39 Bn | 243.10 Mn | 55.15% |
| 8 | Hotel101 Global Holdings | 1.07 Bn | 1.05 Bn | - | - |
| 9 | Studio City International Holdings | 316.81 Mn | 210.54 Mn | 144.08 Mn | 87.55% |
| 10 | GreenTree Hospitality | 67.69 Mn | 67.69 Mn | 34.50 Mn | 99.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.55% |
| Mar 31, 2026 | 87.92% |
| Dec 31, 2025 | 85.95% |
| Sep 30, 2025 | 87.18% |
| Jun 30, 2025 | 88.71% |
| Mar 31, 2025 | 85.93% |
| Dec 31, 2024 | 85.49% |
| Sep 30, 2024 | 85.92% |
| Jun 30, 2024 | 85.15% |
| Mar 31, 2024 | 87.40% |
| Dec 31, 2023 | 85.97% |
| Sep 30, 2023 | 85.98% |
| Jun 30, 2023 | 87.81% |
| Mar 31, 2023 | 82.00% |
| Dec 31, 2022 | -9.37% |
| Sep 30, 2022 | -22.91% |
| Jun 30, 2022 | -104.56% |
| Mar 31, 2022 | 54.27% |
| Dec 31, 2021 | 77.74% |
| Sep 30, 2021 | 66.11% |