Studio City International Holdings (MSC) Tax Rate (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Tax Rate came in at 49.4% in Q1 2026, down 6189.0% year-on-year from 0.81% in Q1 2025, and down 1822.3% on a QoQ basis from 2.57% in Q4 2025.
Studio City International Holdings (MSC) Tax Rate (2017 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has 10 years of Tax Rate data on file, last reported at 49.4% in Q1 2026.
- On a quarterly basis, Tax Rate fell 6189.0% year-over-year to 49.4% in Q1 2026; TTM through Mar 2026 was 24.93%, a 1550.0% increase from a year earlier, with the FY2025 full-year figure at 13.42%, down 595.0% from the prior year.
- Tax Rate for Q1 2026 stood at 49.4%, down from 2.57% in the prior quarter.
- Over the last five years, Tax Rate for MSC reached as high as 305.74% in Q2 2025 and fell as low as 49.4% in Q1 2026.
- Historically, Tax Rate has averaged 18.41% across 5 years, with a median of 0.09% in 2023.
- Across the five-year window, Tax Rate jumped 29135 bps in 2025 and sank 6189 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 0.11% in 2022, then surged by 118 bps to 0.02% in 2023, then jumped by 3262 bps to 0.66% in 2024, then plunged by 490 bps to 2.57% in 2025, then sank by 1822 bps to 49.4% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 49.4% in Q1 2026, 2.57% in Q4 2025, and 18.48% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 14.30 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 13.58 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 6.29 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 23.88 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -9.13 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -16.90 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 23.69 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 8.11 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 13.69 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -49.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -49.40 |
| Mar 31, 2026 | -49.40 |
| Mar 31, 2026 | -49.40 |
| Dec 31, 2025 | -2.57 |
| Dec 31, 2025 | -2.57 |
| Dec 31, 2025 | -2.57 |
| Sep 30, 2025 | 18.48 |
| Sep 30, 2025 | 18.48 |
| Sep 30, 2025 | 18.48 |
| Jun 30, 2025 | 305.74 |
| Jun 30, 2025 | 305.74 |
| Jun 30, 2025 | 305.74 |
| Mar 31, 2025 | 12.49 |
| Mar 31, 2025 | 12.49 |
| Mar 31, 2025 | 12.49 |
| Dec 31, 2024 | 0.66 |
| Dec 31, 2024 | 0.66 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 12.27 |
| Sep 30, 2024 | 12.27 |