What is Monarch Casino's earnings per share (EPS)?

Monarch Casino (MCRI) reported diluted earnings per share of $5.43 for fiscal year 2025. This represents a 41.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Monarch Casino Financials

MCRI

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Monarch Casino (MCRI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 57/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Monarch Casino's revenue grew a modest 4.4% year-over-year to $545.1M. This slow but positive growth earns a score of 41/100.

Leverage

Monarch Casino carries a low D/E ratio of 0.33, meaning only $0.33 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Monarch Casino's current ratio of 0.86 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.

Cash Flow

Monarch Casino converts 23.6% of revenue into free cash flow ($128.4M). This strong cash generation earns a score of 84/100.

Returns

Monarch Casino's ROE of 18.9% shows moderate profitability relative to equity, earning a score of 53/100. This is up from 14.1% the prior year.

Piotroski F-Score Strong

8/9

Monarch Casino passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.62x

For every $1 of reported earnings, Monarch Casino generates $1.62 in operating cash flow ($164.7M OCF vs $101.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$545.1M

YoY+4.4%

5Y CAGR+24.2%

Monarch Casino generated $545.1M in revenue in fiscal year 2025. This represents an increase of 4.4% from the prior year.

EBITDA

N/A

Net Income

$101.4M

YoY+39.3%

5Y CAGR+33.8%

10Y CAGR+17.2%

Monarch Casino reported $101.4M in net income in fiscal year 2025. This represents an increase of 39.3% from the prior year.

EPS (Diluted)

$5.43

YoY+41.4%

5Y CAGR+34.1%

10Y CAGR+16.4%

Monarch Casino earned $5.43 per diluted share (EPS) in fiscal year 2025. This represents an increase of 41.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$128.4M

YoY+37.7%

10Y CAGR+72.1%

Monarch Casino generated $128.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 37.7% from the prior year.

Cash & Debt

$96.5M

YoY+64.2%

5Y CAGR+27.8%

10Y CAGR+16.4%

Monarch Casino held $96.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.20

YoY+0.0%

Monarch Casino paid $1.20 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

18M

YoY-3.3%

5Y CAGR-0.7%

10Y CAGR+0.4%

Monarch Casino had 18M shares outstanding in fiscal year 2025. This represents a decrease of 3.3% from the prior year.

Margins & Returns

Gross Margin

23.4%

YoY+5.7pp

5Y CAGR+15.1pp

Monarch Casino's gross margin was 23.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 5.7 percentage points from the prior year.

Operating Margin

N/A

Net Margin

18.6%

YoY+4.7pp

5Y CAGR+5.8pp

Monarch Casino's net profit margin was 18.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.7 percentage points from the prior year.

Return on Equity

18.9%

YoY+4.8pp

5Y CAGR+12.4pp

10Y CAGR+8.7pp

Monarch Casino's ROE was 18.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$72.7M

YoY+21.3%

Monarch Casino spent $72.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 21.3% from the prior year.

Capital Expenditures

$36.3M

YoY-23.4%

5Y CAGR-16.3%

10Y CAGR-0.4%

Monarch Casino invested $36.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.4% from the prior year.

MCRI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$545.1M+4.4%	$522.2M+4.1%	$501.5M+4.9%	$477.9M+20.9%	$395.4M+114.4%	$184.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$127.5M+37.8%	$92.5M-16.0%	$110.2M-1.2%	$111.4M+24.0%	$89.9M+488.5%	$15.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$109.4M+1.0%	$108.3M+2.3%	$105.8M+8.4%	$97.6M+15.6%	$84.4M+39.8%	$60.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$28.0M+42.8%	$19.6M-24.7%	$26.1M+21.1%	$21.5M+27.6%	$16.9M+294.5%	-$8.7M
Net Income	$101.4M+39.3%	$72.8M-11.7%	$82.4M-5.8%	$87.5M+27.7%	$68.5M+189.2%	$23.7M
EPS (Diluted)	$5.43+41.4%	$3.84-8.6%	$4.20-6.0%	$4.47+26.6%	$3.53+182.4%	$1.25

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$140.0M-2.0%	$142.8M+4.3%	$136.9M+9.2%	$125.4M-6.8%	$134.5M-2.4%	$137.9M+7.6%	$128.1M+5.3%	$121.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$29.1M-23.8%	$38.2M+9.4%	$34.9M+37.8%	$25.3M+548.7%	$3.9M-88.9%	$35.3M+19.5%	$29.5M+24.0%	$23.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$27.9M+1.4%	$27.5M+2.7%	$26.8M-1.5%	$27.2M-2.3%	$27.8M+2.4%	$27.2M+3.7%	$26.2M-3.2%	$27.1M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$6.8M-5.0%	$7.2M-13.4%	$8.3M+43.6%	$5.8M+9258.7%	-$63K-100.8%	$7.5M+13.8%	$6.6M+19.5%	$5.5M
Net Income	$22.9M-27.3%	$31.6M+16.9%	$27.0M+36.0%	$19.9M+371.7%	$4.2M-84.7%	$27.6M+21.7%	$22.7M+24.1%	$18.3M
EPS (Diluted)	N/A	$1.69+17.4%	$1.44+37.1%	$1.05	N/A	$1.47+23.5%	$1.19+28.0%	$0.93

MCRI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$712.8M+3.1%	$691.6M+1.6%	$680.9M-1.7%	$692.9M+0.4%	$690.5M+2.8%	$671.9M
Current Assets	$129.3M+42.9%	$90.4M+20.6%	$75.0M-16.2%	$89.4M+6.4%	$84.1M+14.9%	$73.2M
Cash & Equivalents	$96.5M+64.2%	$58.8M+35.5%	$43.4M+11.8%	$38.8M+15.7%	$33.5M+18.4%	$28.3M
Inventory	$9.1M-2.2%	$9.3M+22.1%	$7.6M+0.7%	$7.6M+5.6%	$7.2M-8.5%	$7.8M
Accounts Receivable	$11.1M+7.9%	$10.3M-14.5%	$12.0M+25.3%	$9.6M+7.7%	$8.9M+137.7%	$3.7M
Goodwill	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M
Total Liabilities	$175.2M+0.8%	$173.8M+3.6%	$167.7M+8.9%	$154.0M-36.5%	$242.4M-20.2%	$303.8M
Current Liabilities	$150.2M+2.6%	$146.5M+18.7%	$123.4M+4.8%	$117.7M-16.6%	$141.2M+29.0%	$109.4M
Long-Term Debt	N/A	N/A	$5.5M	N/A	$68.2M	N/A
Total Equity	$537.7M+3.8%	$517.7M+0.9%	$513.1M-4.8%	$539.0M+20.3%	$448.0M+21.7%	$368.1M
Retained Earnings	$597.8M+15.3%	$518.4M+10.8%	$467.8M-6.1%	$498.2M+21.3%	$410.7M+20.0%	$342.3M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$712.8M-1.7%	$725.4M+2.8%	$705.8M-0.9%	$712.1M+3.0%	$691.6M+3.0%	$671.1M-0.2%	$672.4M-0.7%	$677.3M
Current Assets	$129.3M-3.6%	$134.0M+30.7%	$102.5M-0.7%	$103.3M+14.3%	$90.4M+32.3%	$68.3M+12.1%	$61.0M-8.3%	$66.5M
Cash & Equivalents	$96.5M-10.4%	$107.6M+50.4%	$71.6M-4.7%	$75.1M+27.8%	$58.8M+49.2%	$39.4M+17.5%	$33.5M-15.1%	$39.5M
Inventory	$9.1M+7.2%	$8.5M+1.3%	$8.4M+1.2%	$8.3M-11.1%	$9.3M+21.4%	$7.7M-5.4%	$8.1M+10.0%	$7.4M
Accounts Receivable	$11.1M+23.7%	$8.9M-25.6%	$12.0M+0.1%	$12.0M+17.2%	$10.3M-13.7%	$11.9M+20.6%	$9.9M-3.9%	$10.3M
Goodwill	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M0.0%	$25.1M
Total Liabilities	$175.2M+4.9%	$167.0M+0.3%	$166.5M-5.6%	$176.5M+1.5%	$173.8M+10.1%	$157.9M-9.3%	$174.0M+3.4%	$168.4M
Current Liabilities	$150.2M+7.1%	$140.2M+0.5%	$139.5M-6.5%	$149.3M+1.9%	$146.5M+22.0%	$120.1M-11.7%	$136.1M+4.5%	$130.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$537.7M-3.7%	$558.4M+3.5%	$539.2M+0.7%	$535.6M+3.5%	$517.7M+0.9%	$513.3M+3.0%	$498.4M-2.1%	$508.9M
Retained Earnings	$597.8M+3.0%	$580.3M+4.7%	$554.2M+4.0%	$532.7M+2.8%	$518.4M-0.3%	$519.7M+4.4%	$497.6M+3.6%	$480.4M

MCRI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$164.7M+17.1%	$140.7M-18.7%	$173.0M+23.8%	$139.8M+9.1%	$128.1M+307.4%	$31.4M
Capital Expenditures	$36.3M-23.4%	$47.4M-3.2%	$49.0M+24.1%	$39.5M-15.9%	$46.9M-47.1%	$88.7M
Free Cash Flow	$128.4M+37.7%	$93.3M-24.8%	$124.0M+23.7%	$100.3M+23.5%	$81.2M+241.9%	-$57.2M
Investing Cash Flow	-$37.2M+15.1%	-$43.8M+14.5%	-$51.2M-6.8%	-$48.0M-27.0%	-$37.8M+18.6%	-$46.4M
Financing Cash Flow	-$89.9M-10.2%	-$81.5M+30.5%	-$117.2M-35.5%	-$86.5M-1.7%	-$85.1M-392.5%	-$17.3M
Dividends Paid	$21.9M-1.7%	$22.3M-80.3%	$112.8M	N/A	N/A	N/A
Share Buybacks	$72.7M+21.3%	$60.0M+1092.7%	$5.0M-22.6%	$6.5M	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$38.1M-31.9%	$56.0M+64.2%	$34.1M-6.4%	$36.5M-3.5%	$37.8M-6.2%	$40.3M+65.9%	$24.3M-36.5%	$38.3M
Capital Expenditures	$5.9M+139.3%	$2.5M-69.4%	$8.1M-59.1%	$19.8M+71.4%	$11.6M+136.0%	$4.9M-63.3%	$13.4M-24.2%	$17.6M
Free Cash Flow	$32.2M-39.8%	$53.5M+105.8%	$26.0M+56.4%	$16.6M-36.6%	$26.2M-25.9%	$35.4M+223.3%	$11.0M-47.0%	$20.7M
Investing Cash Flow	-$3.3M+38.7%	-$5.4M+55.9%	-$12.4M+22.9%	-$16.0M-70.4%	-$9.4M-153.0%	-$3.7M+70.9%	-$12.8M+28.5%	-$17.9M
Financing Cash Flow	-$46.0M-216.5%	-$14.5M+42.5%	-$25.3M-515.8%	-$4.1M+54.5%	-$9.0M+70.7%	-$30.7M-75.6%	-$17.5M+27.9%	-$24.3M
Dividends Paid	$5.4M-2.5%	$5.5M-0.1%	$5.5M-0.7%	$5.5M+0.3%	$5.5M+0.2%	$5.5M-0.7%	$5.6M-2.2%	$5.7M
Share Buybacks	$41.4M+266.2%	$11.3M	N/A	N/A	-$63K-100.7%	$9.7M-68.6%	$30.8M+57.3%	$19.6M

MCRI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	23.4%+5.7pp	17.7%-4.3pp	22.0%-1.3pp	23.3%+0.6pp	22.7%+14.5pp	8.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	18.6%+4.7pp	13.9%-2.5pp	16.4%-1.9pp	18.3%+1.0pp	17.3%+4.5pp	12.8%
Return on Equity	18.9%+4.8pp	14.1%-2.0pp	16.1%-0.2pp	16.2%+0.9pp	15.3%+8.9pp	6.4%
Return on Assets	14.2%+3.7pp	10.5%-1.6pp	12.1%-0.5pp	12.6%+2.7pp	9.9%+6.4pp	3.5%
Current Ratio	0.86+0.2	0.620.0	0.61-0.2	0.76+0.2	0.60-0.1	0.67
Debt-to-Equity	0.33-0.0	0.34+0.3	0.01-0.3	0.29+0.1	0.15-0.7	0.83
FCF Margin	23.6%+5.7pp	17.9%-6.9pp	24.7%+3.8pp	21.0%+0.5pp	20.5%+51.6pp	-31.0%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	20.8%-5.9pp	26.7%+1.2pp	25.5%+5.3pp	20.2%+17.3pp	2.9%-22.7pp	25.6%+2.6pp	23.0%+3.5pp	19.6%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	16.4%-5.7pp	22.1%+2.4pp	19.7%+3.9pp	15.8%+12.7pp	3.1%-16.9pp	20.0%+2.3pp	17.7%+2.7pp	15.0%
Return on Equity	4.3%-1.4pp	5.7%+0.6pp	5.0%+1.3pp	3.7%+2.9pp	0.8%-4.6pp	5.4%+0.8pp	4.5%+1.0pp	3.6%
Return on Assets	3.2%-1.1pp	4.3%+0.5pp	3.8%+1.0pp	2.8%+2.2pp	0.6%-3.5pp	4.1%+0.7pp	3.4%+0.7pp	2.7%
Current Ratio	0.86-0.1	0.96+0.2	0.73+0.0	0.69+0.1	0.62+0.0	0.57+0.1	0.45-0.1	0.51
Debt-to-Equity	0.33+0.0	0.300.0	0.31-0.0	0.330.0	0.34+0.0	0.31-0.0	0.35+0.0	0.33
FCF Margin	23.0%-14.5pp	37.5%+18.5pp	19.0%+5.7pp	13.3%-6.2pp	19.5%-6.2pp	25.7%+17.1pp	8.6%-8.4pp	17.0%

Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Studio City International Holdings MSC

$556.6M

Golden Entrtnmnt GDEN

$713.8M

BALLYS BALY

$468.4M

Penn Ent PENN

$2.0B

Marriott Vacations Worldwide C VAC

$2.3B

Frequently Asked Questions

What is Monarch Casino's annual revenue?

Monarch Casino (MCRI) reported $545.1M in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Monarch Casino's revenue growing?

Monarch Casino (MCRI) revenue grew by 4.4% year-over-year, from $522.2M to $545.1M in fiscal year 2025.

Is Monarch Casino profitable?

Yes, Monarch Casino (MCRI) reported a net income of $101.4M in fiscal year 2025, with a net profit margin of 18.6%.

What is Monarch Casino's gross margin?

Monarch Casino (MCRI) had a gross margin of 23.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Monarch Casino's net profit margin?

Monarch Casino (MCRI) had a net profit margin of 18.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Monarch Casino pay dividends?

Yes, Monarch Casino (MCRI) paid $1.20 per share in dividends during fiscal year 2025.

What is Monarch Casino's return on equity (ROE)?

Monarch Casino (MCRI) has a return on equity of 18.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Monarch Casino's free cash flow?

Monarch Casino (MCRI) generated $128.4M in free cash flow during fiscal year 2025. This represents a 37.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Monarch Casino's operating cash flow?

Monarch Casino (MCRI) generated $164.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Monarch Casino's total assets?

Monarch Casino (MCRI) had $712.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Monarch Casino's capital expenditures?

Monarch Casino (MCRI) invested $36.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Monarch Casino buy back shares?

Yes, Monarch Casino (MCRI) spent $72.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Monarch Casino have outstanding?

Monarch Casino (MCRI) had 18M shares outstanding as of fiscal year 2025.

What is Monarch Casino's current ratio?

Monarch Casino (MCRI) had a current ratio of 0.86 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Monarch Casino's debt-to-equity ratio?

Monarch Casino (MCRI) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Monarch Casino's return on assets (ROA)?

Monarch Casino (MCRI) had a return on assets of 14.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Monarch Casino's Piotroski F-Score?

Monarch Casino (MCRI) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Monarch Casino's earnings high quality?

Monarch Casino (MCRI) has an earnings quality ratio of 1.62x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Monarch Casino?

Monarch Casino (MCRI) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.