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
DateValue
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%