Studio City International Holdings (MSC) Operating Margin (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Operating Margin came in at 172.06% in Q1 2026, down 443.0% year-on-year from 50.16% in Q1 2025, and down 4.99% on a QoQ basis from 181.1% in Q4 2025.
Studio City International Holdings (MSC) Operating Margin (2017 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has 10 years of Operating Margin data on file, last reported at 172.06% in Q1 2026.
- On a quarterly basis, Operating Margin fell 443.0% year-over-year to 172.06% in Q1 2026; TTM through Mar 2026 was 175.83%, a 12857.0% increase from a year earlier, with the FY2025 full-year figure at 10.08%, up 412.0% from the prior year.
- Operating Margin for Q1 2026 stood at 172.06%, down from 181.1% in the prior quarter.
- Over the last five years, Operating Margin for MSC reached as high as 181.1% in Q4 2025 and fell as low as 3855.72% in Q2 2022.
- Historically, Operating Margin has averaged 457.26% across 5 years, with a median of 2.33% in 2023.
- Across the five-year window, Operating Margin tumbled 371297 bps in 2022 and soared 383954 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 1651.9% in 2022, then jumped by 101 bps to 9.44% in 2023, then tumbled by 78 bps to 2.04% in 2024, then soared by 8773 bps to 181.1% in 2025, then slipped by 5 bps to 172.06% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 172.06% in Q1 2026, 181.1% in Q4 2025, and 174.08% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 25.22% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 6.76% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 15.22% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 16.44% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 17.42% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 41.00% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 6.54% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 28.32% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 172.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 172.06% |
| Dec 31, 2025 | 181.10% |
| Sep 30, 2025 | 174.08% |
| Jun 30, 2025 | 176.57% |
| Mar 31, 2025 | 176.49% |
| Dec 31, 2024 | 2.04% |
| Sep 30, 2024 | 9.15% |
| Jun 30, 2024 | 1.84% |
| Mar 31, 2024 | 10.71% |
| Dec 31, 2023 | 9.44% |
| Sep 30, 2023 | 2.33% |
| Jun 30, 2023 | -16.19% |
| Mar 31, 2023 | -52.34% |
| Dec 31, 2022 | -1,651.90% |
| Sep 30, 2022 | -2,597.03% |
| Jun 30, 2022 | -3,855.72% |
| Mar 31, 2022 | -516.13% |
| Dec 31, 2021 | -158.46% |
| Sep 30, 2021 | -291.55% |
| Jun 30, 2021 | -142.75% |