MONARCH CASINO & RESORT, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $545.1M | $522.2M | $484.1M | $464.2M | $372.6M | $199.8M | $249.1M | $242.9M |
| Casino | — | — | $286.2M | $280.3M | $238.3M | $132.2M | $146.8M | $145.3M |
| Food_and_Beverage | — | — | $140.6M | $128.5M | $96.1M | $45.7M | $68.7M | $66.0M |
| Hotel | — | — | $70.9M | $65.0M | $44.9M | $23.7M | $30.8M | $29.7M |
| Other | — | — | $24.8M | $22.0M | $16.1M | $10.4M | $14.0M | $14.1M |
| Promotional_Allowances | — | — | $-38.4M | $-31.6M | $-22.8M | $-12.2M | $-11.3M | $-12.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $127.5M | $92.5M | $110.2M | $111.4M | $89.9M | $15.3M | $39.6M | $42.8M |
| Gross Margin | 23.4% | 17.7% | 22.8% | 24.0% | 24.1% | 7.6% | 15.9% | 17.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $109.4M | $108.3M | $105.8M | $97.6M | $84.4M | $60.4M | $69.3M | $65.8M |
| Operating Income | $129.4M | $92.4M | $108.5M | $109.0M | $85.4M | $15.0M | $39.6M | $42.8M |
| Operating Margin | 23.7% | 17.7% | 22.4% | 23.5% | 22.9% | 7.5% | 15.9% | 17.6% |
| Interest Expense | — | — | — | — | — | — | — | $177.0K |
| Pretax Income | $129.4M | $92.4M | $108.5M | $109.0M | $85.4M | $15.0M | $39.6M | $42.6M |
| Income Tax Expense | $28.0M | $19.6M | $26.1M | $21.5M | $16.9M | $-8.7M | $7.8M | $8.6M |
| Net Income | $101.4M | $72.8M | $82.4M | $87.5M | $68.5M | $23.7M | $31.8M | $34.1M |
| Net Margin | 18.6% | 13.9% | 17.0% | 18.8% | 18.4% | 11.9% | 12.8% | 14.0% |
| EPS (Basic) | $5.55 | $3.91 | $4.28 | $4.60 | $3.68 | $1.30 | $1.77 | $1.91 |
| EPS (Diluted) | $5.43 | $3.84 | $4.20 | $4.47 | $3.53 | $1.25 | $1.70 | $1.83 |
| Shares Outstanding (Basic) | 18.3M | 18.6M | 19.2M | 19.0M | 18.6M | 18.2M | 18.0M | 17.8M |
| Shares Outstanding (Diluted) | 18.7M | 19.0M | 19.6M | 19.6M | 19.4M | 18.9M | 18.7M | 18.6M |
| Dividends Per Share | $1.20 | $1.20 | $5.90 | — | — | — | — | — |