Murano Global Investments PLC Ordinary Shares(MRNO)Earnings, Financials & Key Ratios
MRNO•NASDAQ•REIT / Real Estate
$0.24
$19M mkt cap·Price updated May 6, 2026
AboutMurano Global Investments PLC is a real estate company that owns, develops and invests in hotel, resort and commercial properties throughout Mexico. Its portfolio includes the Andaz and Mondrian Hotels in Mexico City, and Grand Island Cancun I, a 1,000+ room resort in Cancun, Mexico managed by the Hyatt Group. Murano also has an in-place pipeline of projects in Baja and Cancun.Show more
- Revenue$730M+154.6%
- FFO-$3.25B-1780.5%
- FFO/Share-42.15-1828.0%
- FFO Payout0%
- FFO per Share-42.15-1828.0%
- NOI Margin72.76%+3.7%
- FFO Margin-444.99%-759.9%
- ROE-54.72%-3942.2%
- ROA-17.26%-3052.4%
- Debt/Assets52.04%+47.1%
- Book Value/Share67.56-31.7%
MRNO Key Insights
Murano Global Investments PLC Ordinary Shares (MRNO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 40.1%
- ✓High NOI margin of 72.8%
- ✓Share count reduced 2.8% through buybacks
- ✓Trading at only 0.1x book value
✗Weaknesses
- ✗High debt to equity ratio of 2.2x
- ✗FFO declining 1014.8% TTM
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MRNO Price & Volume
Murano Global Investments PLC Ordinary Shares (MRNO) stock price & volume — 10-year historical chart
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MRNO Growth Metrics
Murano Global Investments PLC Ordinary Shares (MRNO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years681.55%
TTM152.26%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-740.4%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-754.91%
Return on Capital
10 Years-4.61%
5 Years-4.61%
3 Years-5.58%
Last Year-8.96%
MRNO Peer Comparison
Murano Global Investments PLC Ordinary Shares (MRNO) competitors in Hospitality and Resort Developers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SOHO | 46.1M | 2.25 | -6.62 | 4.63% | -0.17% | -0.74% | 8.18 | |
 SOND | 2.66K | 0.00 | 0 | 3.19% | -42.27% | |||
 HLT | 73.19B | 321.51 | 52.53 | 7.74% | 12.56% | |||
 MAR | 95.15B | 359.06 | 37.84 | 4.33% | 11.89% | |||
 H | 16.18B | 169.37 | -313.65 | 116.96% | -0.55% | -0.91% | 1.31 | |
 IHG | 21.9B | 145.56 | 29.89 | 5.4% | 13.72% | |||
 WH | 6.26B | 83.31 | 33.73 | 1.49% | 13.4% | 37.33% | 6.53 | |
 CHH | 4.81B | 105.17 | 13.31 | 0.75% | 21.55% | 312.73% | 11.76 |
Compare MRNO vs Peers
Murano Global Investments PLC Ordinary Shares (MRNO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MRNO Income Statement
Murano Global Investments PLC Ordinary Shares (MRNO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Revenue | 1.53M | 6.43M | 286.65M | 729.95M | 943.57M |
| Revenue Growth % | - | 320.59% | 4357.33% | 154.65% | 152.26% |
| Property Operating Expenses | 18.98M | 28.61M | 85.52M | 198.84M | 230.85M |
| Net Operating Income (NOI) | -17.45M▲ 0% | -22.18M▼ 27.1% | 201.14M▲ 1006.7% | 531.11M▲ 164.1% | 712.73M▲ 0% |
| NOI Margin % | -1141.15% | -344.95% | 70.17% | 72.76% | 75.53% |
| Operating Expenses | 67.95M | 215.32M | 514.25M | 2.07B | 2.16B |
| G&A Expenses | 44.59M | 120.11M | 285.78M | 659.31M | 709.57M |
| EBITDA | -83.3M | -191.96M | -177.61M | -1.22B | -1.09B |
| EBITDA Margin % | -5447.62% | -2984.85% | -61.96% | -167.01% | -115.28% |
| Depreciation & Amortization | 2.11M | 1.27M | 135.5M | 319.77M | 355.15M |
| D&A / Revenue % | 137.74% | 19.72% | 47.27% | 43.81% | 37.64% |
| Operating Income | -85.4M▲ 0% | -193.22M▼ 126.2% | -313.11M▼ 62.0% | -1.54B▼ 391.5% | -1.44B▲ 0% |
| Operating Margin % | -5585.36% | -3004.57% | -109.23% | -210.81% | -152.91% |
| Interest Expense | 50.53M | 86.49M | 303.75M | 797.02M | 4M |
| Interest Coverage | -1.69x | -2.23x | -1.03x | -1.93x | - |
| Non-Operating Income | -50.89M | -563.49M | -622.52M | 1.16B | 1.21B |
| Pretax Income | 350.55K▲ 0% | 475.09M▲ 135424.5% | 5.66M▼ 98.8% | -3.5B▼ 61824.8% | -3.71B▲ 0% |
| Pretax Margin % | 22.93% | 7387.42% | 1.98% | -478.84% | -393.09% |
| Income Tax | 105.86M | 230.71M | -52.13M | 72.68M | 28.21M |
| Effective Tax Rate % | 30197.62% | 48.56% | -920.59% | -2.08% | -0.76% |
| Net Income | -105.51M▲ 0% | 244.38M▲ 331.6% | 57.79M▼ 76.4% | -3.57B▼ 6273.7% | -3.74B▲ 0% |
| Net Margin % | -6900.2% | 3799.98% | 20.16% | -488.79% | -396.08% |
| Net Income Growth % | - | 331.62% | -76.35% | -6273.71% | -740.4% |
| Funds From Operations (FFO) | -103.4M▲ 0% | 245.65M▲ 337.6% | 193.29M▼ 21.3% | -3.25B▼ 1780.5% | -3.38B▲ 0% |
| FFO Margin % | -6762.46% | 3819.7% | 67.43% | -444.99% | -358.44% |
| FFO Growth % | - | 337.56% | -21.31% | -1780.46% | -7701.55% |
| FFO per Share | -2.66 | 6.33 | 2.44 | -42.15 | -42.64 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -1.33▲ 0% | 3.08▲ 331.6% | 0.73▼ 76.3% | -46.30▼ 6442.5% | -47.12▲ 0% |
| EPS Growth % | - | 331.58% | -76.3% | -6442.47% | -754.91% |
| EPS (Basic) | -1.33 | 3.08 | 0.73 | -46.30 | - |
| Diluted Shares Outstanding | 38.81M | 38.81M | 79.24M | 77.06M | 79.31M |
MRNO Balance Sheet
Murano Global Investments PLC Ordinary Shares (MRNO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Assets | 342.02K | 298.6M | 19.47B | 21.87B | 21.45B |
| Asset Growth % | - | 87204.18% | 6421.56% | 12.31% | 45961.8% |
| Real Estate & Other Assets | -9.44B | -16.78B | 1.12B | 1.36B | 1.36B |
| PP&E (Net) | 9.44B | 16.88B | 17.64B | 19.02B | 19.08B |
| Investment Securities | 0 | 1000K | 1000K | 0 | 0 |
| Total Current Assets | 395.07M | 519.74M | 597.38M | 1.49B | 1.01B |
| Cash & Equivalents | 81.55K | 792.42K | 81.26M | 970.41M | 469.04M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 218.72M | 25.06M | 65.11M | 0 | 1.54M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 332.81K | 16.96M | 11.64B | 16.66B | 16.35B |
| Total Debt | 3.8B | 5.56B | 6.89B | 11.38B | 11.28B |
| Net Debt | 208.34K | 5.56B | 6.81B | 10.41B | 10.81B |
| Long-Term Debt | 3.61B | 1.77B | 4.64B | 7.69B | 7.65B |
| Short-Term Borrowings | 187.52M | 3.8B | 2.04B | 3.48B | 3.43B |
| Capital Lease Obligations | 1.16M | 624.19K | 207.96M | 206.71M | 820.25M |
| Total Current Liabilities | 413.57M | 4.07B | 2.63B | 4.36B | 4.1B |
| Accounts Payable | 113.18M | 124.59M | 399.16M | 629.58M | 574.41M |
| Deferred Revenue | 0 | -3.92B | 8.26M | 23.46M | 17.97M |
| Other Liabilities | 146.93M | 212.8M | 62.5M | 246.15M | 290.53M |
| Total Equity | 9.21K▲ 0% | 281.64M▲ 3056589.3% | 7.83B▲ 2681.6% | 5.21B▼ 33.5% | 5.1B▲ 0% |
| Equity Growth % | - | 3056589.29% | 2681.61% | -33.54% | 17872.27% |
| Shareholders Equity | 4.25B | 8.4B | 7.83B | 5.21B | 5.1B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 1.2B | 902.61M | 902.61M | 925.8M | 900.05M |
| Additional Paid-in Capital | 0 | 0 | 0 | 708.95M | 0 |
| Retained Earnings | -1.49B | -1.24B | -1.18B | -4.77B | -4.15B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -30848.43% | 163.5% | 0.58% | -17.26% | -17.42% |
| Return on Equity (ROE) | -1145088.2% | 173.53% | 1.42% | -54.72% | -73.33% |
| Debt / Assets | 1110007.77% | 1863.3% | 35.38% | 52.04% | 52.61% |
| Debt / Equity | 412032.86x | 19.75x | 0.88x | 2.19x | 2.19x |
| Net Debt / EBITDA | - | - | - | - | -9.94x |
| Book Value per Share | 0.00 | 7.26 | 98.86 | 67.56 | 64.25 |
MRNO Cash Flow Statement
Murano Global Investments PLC Ordinary Shares (MRNO) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -183.98M | -890.18K | 165.21M | -94.81M | -94.81M |
| Operating CF Growth % | - | 99.52% | 18658.65% | -157.39% | 3764.08% |
| Operating CF / Revenue % | -12032.14% | -13.84% | 57.63% | -12.99% | -10.05% |
| Net Income | -15.79K | 81.02M | 5.66M | -3.5B | -3.74B |
| Depreciation & Amortization | 2.11M | 5.69M | 135.5M | 319.77M | 355.15M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -63.59M | -188.24K | -10.96M | 3.01B | 3.31B |
| Working Capital Changes | -122.48M | -87.42M | 35M | 75.56M | 65.49M |
| Cash from Investing | -877.72M | -1.44B | -1.7B | -1.08B | -911.99M |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | -293.25M | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 9.06M | 379.1M | -151.66M | 252.07M | 285.43M |
| Cash from Financing | 835.82M | 1.77B | 1.44B | 2B | 1.21B |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Common Dividends | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 2M |
| Share Repurchases | -45.72M | -298.77M | 0 | -4.64M | 18.87M |
| Other Financing | -32.36M | -40.19M | -350.74M | -828.59M | -1.12B |
| Net Change in Cash | -225.88M▲ 0% | 792.26K▲ 100.4% | -94.39M▼ 12013.3% | 824.05M▲ 973.1% | 315.63M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 409.31M | 158 | 240.75M | 146.37M | 969.46M |
| Cash at End | 158 | 792.42K | 146.37M | 970.41M | 470.58M |
| Free Cash Flow | -886.79M▲ 0% | -1.52B▼ 71.9% | -1.55B▼ 2.0% | -1.43B▲ 8.2% | -1.18B▲ 0% |
| FCF Growth % | - | -71.89% | -2% | 8.24% | 84.7% |
| FCF / Revenue % | -57995.37% | -23701.73% | -542.37% | -195.44% | -124.74% |
MRNO Key Ratios
Murano Global Investments PLC Ordinary Shares (MRNO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| FFO per Share | 6.33 | 2.44 | -42.15 | -42.64 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% |
| NOI Margin | -344.95% | 70.17% | 72.76% | 75.53% |
| Net Debt / EBITDA | - | - | - | -9.94x |
| Debt / Assets | 1863.3% | 35.38% | 52.04% | 52.61% |
| Interest Coverage | -2.23x | -1.03x | -1.93x | - |
| Book Value / Share | 7.26 | 98.86 | 67.56 | 64.25 |
| Revenue Growth | 320.59% | 4357.33% | 154.65% | 152.26% |
MRNO Frequently Asked Questions
Murano Global Investments PLC Ordinary Shares (MRNO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Murano Global Investments PLC Ordinary Shares (MRNO) reported $943.6M in revenue for fiscal year 2024. This represents a 61609% increase from $1.5M in 2021.
Murano Global Investments PLC Ordinary Shares (MRNO) grew revenue by 154.6% over the past year. This is strong growth.
Murano Global Investments PLC Ordinary Shares (MRNO) reported a net loss of $3.74B for fiscal year 2024.
Dividend & Returns
Murano Global Investments PLC Ordinary Shares (MRNO) has a return on equity (ROE) of -54.7%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Murano Global Investments PLC Ordinary Shares (MRNO) generated Funds From Operations (FFO) of $-3382.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Explore More MRNO
Murano Global Investments PLC Ordinary Shares (MRNO) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates