Latest Ratios: P/E Ratio 509.8x · EV/EBITDA 11.8x · ROE 0.4%. (1997–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $438M | $464M | $477M | $1.0B | $1.6B | $1.5B | $2.2B | $1.5B | $2.9B | $1.8B | $1.7B |
| Enterprise Value | $909M | $935M | $985M | $1.6B | $2.3B | $2.3B | $3.0B | $2.2B | $3.3B | $2.2B | $2.1B |
| P/E Ratio → | 509.82 | 562.55 | — | 27.67 | 41.47 | 24.51 | 66.24 | 25.77 | 36.51 | 27.92 | 28.16 |
| P/S Ratio | 0.38 | 0.40 | 0.40 | 0.79 | 1.21 | 1.10 | 1.99 | 1.18 | 2.43 | 1.58 | 1.70 |
| P/B Ratio | 0.71 | 0.78 | 0.77 | 1.53 | 2.30 | 1.92 | 2.99 | 2.03 | 4.17 | 2.84 | 2.98 |
| P/FCF | 11.30 | 11.97 | 4.52 | 10.09 | 9.08 | 10.29 | 16.85 | 22.74 | 26.87 | 21.76 | 18.21 |
| P/OCF | 6.22 | 6.59 | 3.61 | 8.03 | 7.43 | 8.64 | 12.14 | 12.26 | 19.06 | 14.74 | 13.35 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.81 | 0.82 | 1.26 | 1.71 | 1.69 | 2.68 | 1.78 | 2.74 | 1.92 | 2.08 |
| EV / EBITDA | 11.79 | 12.13 | 8.98 | 11.21 | 14.43 | 12.19 | 19.72 | 12.83 | 18.01 | 12.23 | 13.18 |
| EV / EBIT | 58.77 | 46.00 | 75.72 | 22.40 | 28.15 | 22.54 | 41.65 | 21.86 | 25.90 | 16.97 | 18.23 |
| EV / FCF | — | 24.12 | 9.33 | 16.15 | 12.85 | 15.74 | 22.65 | 34.25 | 30.28 | 26.31 | 22.26 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.0% | 35.0% | 34.9% | 35.4% | 34.4% | 35.4% | 35.1% | 37.9% | 38.8% | 38.6% | 38.9% |
| Operating Margin | 1.3% | 1.3% | 3.4% | 5.6% | 6.0% | 7.9% | 6.7% | 8.7% | 10.6% | 11.3% | 11.4% |
| Net Profit Margin | 0.2% | 0.2% | -0.4% | 2.9% | 2.9% | 4.5% | 3.0% | 4.6% | 6.6% | 5.7% | 6.0% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.4% | 0.4% | -0.8% | 5.6% | 5.3% | 8.0% | 4.6% | 8.1% | 12.0% | 10.6% | 11.0% |
| ROA | 0.1% | 0.1% | -0.3% | 2.2% | 2.1% | 3.3% | 1.8% | 3.5% | 6.3% | 5.3% | 5.6% |
| ROIC | 1.1% | 1.1% | 2.5% | 4.1% | 4.1% | 5.2% | 3.8% | 6.4% | 9.2% | 9.7% | 9.9% |
| ROCE | 1.4% | 1.4% | 3.4% | 5.6% | 5.5% | 7.0% | 4.6% | 7.6% | 12.0% | 12.6% | 12.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.82 | 0.82 | 0.85 | 0.93 | 0.96 | 1.03 | 1.07 | 1.50 | 0.54 | 0.60 | 0.68 |
| Debt / EBITDA | 6.30 | 6.30 | 4.83 | 4.25 | 4.27 | 4.26 | 5.25 | 6.29 | 2.06 | 2.12 | 2.46 |
| Net Debt / Equity | — | 0.80 | 0.82 | 0.92 | 0.96 | 1.02 | 1.03 | 1.02 | 0.53 | 0.59 | 0.66 |
| Net Debt / EBITDA | 6.11 | 6.11 | 4.64 | 4.21 | 4.24 | 4.22 | 5.05 | 4.31 | 2.03 | 2.11 | 2.40 |
| Debt / FCF | — | 12.15 | 4.82 | 6.06 | 3.77 | 5.45 | 5.80 | 11.51 | 3.41 | 4.55 | 4.06 |
| Interest Coverage | 1.18 | 1.18 | 0.69 | 3.59 | 3.47 | 4.14 | 2.57 | 3.63 | 4.69 | 5.24 | 5.89 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.46 | 0.46 | 0.53 | 0.56 | 0.58 | 0.76 | 0.92 | 2.34 | 1.10 | 1.07 | 1.07 |
| Quick Ratio | 0.16 | 0.16 | 0.18 | 0.22 | 0.25 | 0.25 | 0.36 | 1.60 | 0.32 | 0.28 | 0.30 |
| Cash Ratio | 0.03 | 0.03 | 0.04 | 0.01 | 0.01 | 0.02 | 0.10 | 1.36 | 0.03 | 0.01 | 0.05 |
| Asset Turnover | — | 0.74 | 0.73 | 0.75 | 0.75 | 0.73 | 0.62 | 0.61 | 0.91 | 0.93 | 0.86 |
| Inventory Turnover | 4.84 | 4.84 | 4.29 | 5.35 | 5.90 | 5.28 | 4.50 | 4.16 | 4.30 | 4.54 | 4.38 |
| Days Sales Outstanding | — | 14.31 | 10.76 | 11.75 | 14.32 | 8.79 | 13.37 | 11.27 | 10.45 | 10.32 | 10.48 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 8.3% | 7.5% | 7.3% | 3.5% | 2.3% | 2.3% | 1.3% | 2.0% | 0.9% | 1.3% | 1.3% |
| Payout Ratio | 1608.6% | 1608.6% | — | 94.5% | 93.2% | 56.3% | 86.8% | 51.2% | 33.6% | 37.5% | 36.6% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.2% | 0.2% | — | 3.6% | 2.4% | 4.1% | 1.5% | 3.9% | 2.7% | 3.6% | 3.6% |
| FCF Yield | 8.9% | 8.4% | 22.1% | 9.9% | 11.0% | 9.7% | 5.9% | 4.4% | 3.7% | 4.6% | 5.5% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 4.4% | 6.1% | 0.1% | 0.3% | 0.4% | 0.5% | 0.0% | 0.0% |
| Total Shareholder Yield | 8.3% | 7.5% | 7.3% | 7.9% | 8.3% | 2.5% | 1.6% | 2.4% | 1.4% | 1.3% | 1.3% |
| Shares Outstanding | — | $30M | $30M | $32M | $33M | $34M | $34M | $34M | $34M | $33M | $33M |
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying MNRO stock.
Monro Inc.'s current P/E ratio is 509.8x. The historical average is 25.4x. This places it at the 100th percentile of its historical range.
Monro Inc.'s current EV/EBITDA is 11.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.1x.
Monro Inc.'s return on equity (ROE) is 0.4%. The historical average is 10.7%.
Based on historical data, Monro Inc. is trading at a P/E of 509.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Monro Inc.'s current dividend yield is 8.31% with a payout ratio of 1608.6%.
Monro Inc. has 35.0% gross margin and 1.3% operating margin.
Monro Inc.'s Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.
Key Metrics
Top Statement Risk
Goodwill impairment and liquidity risk
Metrics are mathematically derived from official filings.
Valuation Distress Signals Overwhelm Multiples
The company's TTM P/E of 519.64 is artificially inflated by near-zero earnings, while the P/B of 0.72 suggests the market is pricing in significant asset impairment risk, according to recent market data.
The forward P/E of 26.15 and EV/EBITDA of 9.12 appear reasonable in isolation but are distorted by the company's deteriorating fundamentals and high leverage. The wide gap between TTM and forward multiples indicates analysts expect a significant earnings recovery that has yet to materialize, warranting caution about the sustainability of the 8.2% dividend yield.
Margin Compression Undermines Earning Power
Gross margin has contracted 220 basis points from 37.2% in 2025Q1 to 35.0% in 2027Q1 based on Monro's quarterly statements, while operating margin collapsed to 1.3%, indicating severe pricing or mix headwinds.
The decline in operating margin from 5.0% to 1.3% over two years demonstrates an inability to control fixed costs as revenue shrinks, a pattern of negative operating leverage. Net margin turned negative at -0.7% in the latest quarter, suggesting that non-operating items like interest expense are now consuming the entirety of operating profits.
Capital Efficiency Deteriorates Toward Value Destruction
ROIC has fallen to 0.3% in 2027Q1 from a peak of 1.3% in 2026Q3, as reported in financial statements, indicating the company is generating negligible returns on the capital invested in its business.
The near-zero ROIC, driven by collapsing operating margins, suggests the business is barely covering its cost of capital and is at risk of value destruction. This trend is consistent with the simultaneous decline in asset turnover and profit margins, pointing to a systemic operational challenge rather than a cyclical blip.
Debt Burden Intensifies with Weakening Coverage
Interest coverage plummeted to 0.57 in 2027Q1, according to the company's filings, meaning operating earnings no longer sufficiently cover interest obligations, while the D/EBITDA ratio ballooned to 27.28 on compressed earnings.
The D/E ratio of 0.91 appears manageable in isolation but is deceptive given the eroding equity base and minimal interest coverage. This creates significant refinancing risk and suggests that covenant compliance could become a pressing concern if operational performance does not improve, especially given the company's strained liquidity.
Liquidity Shortfall Signals Operational Fragility
The current ratio of 0.49 and quick ratio of 0.16 in 2027Q1, based on reported figures, reveal a severe mismatch between near-term obligations and liquid assets, leaving the company highly vulnerable to operational or market disruptions.
A quick ratio of 0.16 indicates that the company would be unable to meet immediate liabilities without liquidating a substantial portion of its inventory, which itself represents a large portion of current assets. This precarious position is exacerbated by the negative free cash flow trend and high leverage, leaving minimal financial buffer.
P/B Ratio Masks Goodwill Impairment Risk
The price-to-book ratio of 0.72 may be misinterpreted as a deep value signal, but it fundamentally obscures the risk that goodwill, which comprises 46% of total assets, could face a significant impairment charge.
A substantial write-down of goodwill would severely deplete equity, potentially rendering the P/B ratio meaningless and triggering debt covenant issues. Investors should prioritize the EV/EBITDA multiple and, more importantly, the free cash flow yield and interest coverage ratios to assess true solvency and value in this capital-intensive, high-fixed-cost business model.