Monarch Casino & Resort, Inc. (MCRI) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Gambling, Resorts & Casinos
EV/EBITDA
↓
11.86
↑+21% vs avg
5yr avg: 9.78
30Y Low5.1·High40.6
P/FCF
↓
18.20
↑+24% vs avg
5yr avg: 14.73
30Y Low4.4·High36.2
P/B Ratio
↑
4.55
↑+53% vs avg
5yr avg: 2.97
30Y Low1.1·High5.8
ROE
↑
19.2%
↓+15% vs avg
5yr avg: 16.7%
30Y Low-2%·High29%
Debt/EBITDA
↓
0.13
↓-48% vs avg
5yr avg: 0.26
30Y Low0.1·High7.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MCRI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Monarch Casino & Resort, Inc. trades at 24.1x earnings, 30% above its 5-year average of 18.6x, sitting at the 76th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 14%. On a free-cash-flow basis, the stock trades at 18.2x P/FCF, 24% above the 5-year average of 14.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.3B | $1.8B | $1.5B | $1.4B | $1.5B | $1.4B | $1.2B | $907M | $708M | $823M | $455M |
| Enterprise Value | $2.3B | $1.7B | $1.5B | $1.3B | $1.5B | $1.5B | $1.3B | $1.1B | $772M | $820M | $455M |
| P/E Ratio → | 24.06 | 17.62 | 20.55 | 16.46 | 17.20 | 20.95 | 48.98 | 28.56 | 20.73 | 32.24 | 18.55 |
| P/S Ratio | 4.29 | 3.29 | 2.87 | 2.71 | 3.15 | 3.63 | 6.27 | 3.64 | 2.95 | 3.57 | 2.10 |
| P/B Ratio | 4.55 | 3.33 | 2.89 | 2.64 | 2.79 | 3.21 | 3.14 | 2.66 | 2.35 | 3.09 | 1.95 |
| P/FCF | 18.20 | 13.96 | 16.05 | 10.94 | 15.01 | 17.70 | — | — | — | — | 25.86 |
| P/OCF | 14.19 | 10.88 | 10.64 | 7.84 | 10.77 | 11.21 | 36.75 | 14.34 | 12.06 | 16.65 | 10.41 |
P/E links to full P/E history page with 30-year chart
MCRI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Monarch Casino & Resort, Inc.'s enterprise value stands at 11.9x EBITDA, 21% above its 5-year average of 9.8x. This is roughly in line with the Consumer Cyclical sector median of 12.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.16 | 2.78 | 2.66 | 3.11 | 3.81 | 7.17 | 4.42 | 3.21 | 3.56 | 2.10 |
| EV / EBITDA | 11.86 | 9.01 | 10.09 | 8.47 | 9.60 | 11.74 | 40.55 | 20.25 | 13.45 | 14.70 | 8.53 |
| EV / EBIT | 16.58 | 13.11 | 15.70 | 12.11 | 13.34 | 16.75 | 86.56 | 27.86 | 18.04 | 20.17 | 11.60 |
| EV / FCF | — | 13.41 | 15.57 | 10.75 | 14.83 | 18.55 | — | — | — | — | 25.85 |
MCRI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Monarch Casino & Resort, Inc. earns an operating margin of 25.1%, significantly above the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from 22.0% to 25.1% over the past 3 years, signaling improving operational efficiency. ROE of 19.2% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 21.8% represents excellent returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.1% | 45.1% | 53.8% | 53.7% | 54.3% | 55.1% | 54.1% | 50.9% | 51.3% | 51.4% | 51.5% |
| Operating Margin | 25.1% | 25.1% | 17.7% | 22.0% | 23.3% | 22.7% | 8.3% | 15.9% | 17.8% | 17.6% | 17.8% |
| Net Profit Margin | 18.6% | 18.6% | 13.9% | 16.4% | 18.3% | 17.3% | 12.8% | 12.8% | 14.2% | 11.1% | 11.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.2% | 19.2% | 14.1% | 15.7% | 17.7% | 16.8% | 6.7% | 9.9% | 12.0% | 10.2% | 11.2% |
| ROA | 14.4% | 14.4% | 10.6% | 12.0% | 12.6% | 10.1% | 3.7% | 5.9% | 8.7% | 8.1% | 8.6% |
| ROIC | 21.8% | 21.8% | 14.4% | 16.3% | 16.1% | 12.8% | 2.3% | 7.1% | 10.2% | 12.3% | 12.6% |
| ROCE | 24.7% | 24.7% | 16.8% | 19.4% | 19.8% | 16.2% | 2.8% | 8.5% | 12.4% | 14.7% | 16.6% |
MCRI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Monarch Casino & Resort, Inc. carries a Debt/EBITDA ratio of 0.1x, which is very conservative (97% below the sector average of 4.8x). The company holds a net cash position — cash of $96M exceeds total debt of $26M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 67.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.03 | 0.04 | 0.04 | 0.23 | 0.53 | 0.57 | 0.31 | 0.10 | 0.11 |
| Debt / EBITDA | 0.13 | 0.13 | 0.10 | 0.13 | 0.13 | 0.80 | 5.97 | 3.59 | 1.65 | 0.47 | 0.49 |
| Net Debt / Equity | — | -0.13 | -0.09 | -0.04 | -0.03 | 0.15 | 0.45 | 0.57 | 0.21 | -0.01 | -0.00 |
| Net Debt / EBITDA | -0.37 | -0.37 | -0.31 | -0.15 | -0.12 | 0.54 | 5.10 | 3.59 | 1.11 | -0.05 | -0.00 |
| Debt / FCF | — | -0.55 | -0.48 | -0.18 | -0.18 | 0.85 | — | — | — | — | -0.01 |
| Interest Coverage | 67.82 | 67.82 | 889.45 | 67.79 | 46.05 | 19.95 | 55.94 | — | 241.95 | 42.05 | 63.68 |
Net cash position: cash ($96M) exceeds total debt ($26M)
MCRI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.86x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.61x to 0.86x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.86 | 0.86 | 0.62 | 0.61 | 0.76 | 0.60 | 0.67 | 1.00 | 0.79 | 1.17 | 1.12 |
| Quick Ratio | 0.80 | 0.80 | 0.55 | 0.55 | 0.70 | 0.54 | 0.60 | 0.91 | 0.72 | 1.08 | 1.03 |
| Cash Ratio | 0.64 | 0.64 | 0.40 | 0.35 | 0.33 | 0.24 | 0.26 | 0.76 | 0.51 | 0.74 | 0.75 |
| Asset Turnover | — | 0.76 | 0.76 | 0.74 | 0.69 | 0.57 | 0.27 | 0.40 | 0.53 | 0.69 | 0.74 |
| Inventory Turnover | 32.91 | 32.91 | 25.96 | 30.51 | 28.88 | 24.82 | 10.83 | 18.16 | 31.71 | 33.64 | 33.98 |
| Days Sales Outstanding | — | 9.43 | 8.23 | 9.46 | 26.39 | 33.07 | 6.14 | 8.27 | 10.66 | 14.13 | 9.16 |
MCRI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Monarch Casino & Resort, Inc. returns 4.0% to shareholders annually — split between a 0.9% dividend yield and 3.1% buyback yield. The payout ratio of 21.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 1.2% | 1.5% | 8.3% | — | — | — | — | — | — | — |
| Payout Ratio | 21.6% | 21.6% | 30.6% | 136.8% | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.2% | 5.7% | 4.9% | 6.1% | 5.8% | 4.8% | 2.0% | 3.5% | 4.8% | 3.1% | 5.4% |
| FCF Yield | 5.5% | 7.2% | 6.2% | 9.1% | 6.7% | 5.7% | — | — | — | — | 3.9% |
| Buyback Yield | 3.1% | 4.1% | 4.0% | 0.4% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 4.0% | 5.3% | 5.5% | 8.7% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $19M | $19M | $20M | $20M | $19M | $19M | $19M | $19M | $18M | $18M |
Peer Comparison
Compare MCRI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MCRIYou | $2B | 24.1 | 11.9 | 18.2 | 45.1% | 25.1% | 19.2% | 21.8% | 0.1 |
 CNTY | $40M | -0.7 | 19.7 | — | 34.1% | 8.9% | -163.3% | 3.7% | 20.2 |
 ACEL | $1B | 21.6 | 7.4 | 17.0 | 31.8% | 8.2% | 19.3% | 13.8% | 3.4 |
 RRR | $4B | 19.7 | 4.5 | 12.6 | 52.6% | 29.7% | 58.9% | 23.4% | 0.1 |
 BYD | $6B | 3.8 | 7.9 | 16.4 | 42.1% | 21.4% | 88.0% | 12.3% | 2.8 |
 PENN | $3B | -3.7 | 14.7 | — | 27.4% | 3.9% | -36.0% | 1.8% | 11.7 |
 CHDN | $6B | 16.6 | 11.3 | 12.4 | 33.6% | 25.2% | 35.2% | 9.4% | 5.3 |
 MTN | $5B | 19.2 | 9.5 | 16.1 | 42.8% | 18.9% | 31.2% | 11.2% | 4.0 |
 LNW | $8B | 26.6 | 11.5 | 24.1 | 70.8% | 21.0% | 48.0% | 11.6% | 3.8 |
 DKNG | $13B | -3258.0 | 51.7 | 20.2 | 41.3% | -0.3% | 0.5% | -0.9% | 7.4 |
 MGM | $12B | 61.6 | 32.7 | 7.2 | 44.4% | 5.7% | 5.9% | 1.7% | 27.8 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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MCRI — Frequently Asked Questions
Quick answers to the most common questions about buying MCRI stock.
What is Monarch Casino & Resort, Inc.'s P/E ratio?
Monarch Casino & Resort, Inc.'s current P/E ratio is 24.1x. The historical average is 22.2x. This places it at the 76th percentile of its historical range.
What is Monarch Casino & Resort, Inc.'s EV/EBITDA?
Monarch Casino & Resort, Inc.'s current EV/EBITDA is 11.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.2x.
What is Monarch Casino & Resort, Inc.'s ROE?
Monarch Casino & Resort, Inc.'s return on equity (ROE) is 19.2%. The historical average is 13.1%.
Is MCRI stock overvalued?
Based on historical data, Monarch Casino & Resort, Inc. is trading at a P/E of 24.1x. This is at the 76th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Monarch Casino & Resort, Inc.'s dividend yield?
Monarch Casino & Resort, Inc.'s current dividend yield is 0.89% with a payout ratio of 21.6%.
What are Monarch Casino & Resort, Inc.'s profit margins?
Monarch Casino & Resort, Inc. has 45.1% gross margin and 25.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Monarch Casino & Resort, Inc. have?
Monarch Casino & Resort, Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.