Mister Car Wash, Inc. (MCW)

Mister Car Wash Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,028	994.73	927.07	876.51	758.36	574.94
Revenue Growth (YoY)	7.21%	7.30%	5.77%	15.58%	31.90%	-8.67%
Cost of Revenue	696.75	668.94	617.9	586.25	526.37	415.17
Gross Profit	330.82	325.79	309.17	290.26	231.99	159.77
Selling, General & Admin	130.46	134.42	130.69	102.84	257.3	54.02
Operating Expenses	130.46	134.42	130.69	102.84	257.3	54.02
Operating Income	200.36	191.37	178.48	187.42	-25.32	105.76
Interest Expense	-70.41	-79.49	-75.1	-41.9	-39.42	-64.01
Other Non Operating Income (Expenses)	0.03	5.2	-	-	-	-
EBT Excluding Unusual Items	129.99	117.08	103.37	145.52	-64.74	41.75
Merger & Restructuring Charges	-	-	-0.21	-0.65	-2.38	-0.55
Gain (Loss) on Sale of Assets	-11.86	-12.44	-0.13	0.95	23.19	37.89
Other Unusual Items	-0.09	-1.98	-	-	-3.2	-1.92
Pretax Income	118.03	102.67	103.04	145.82	-47.14	77.17
Income Tax Expense	30.93	32.43	22.91	32.92	-25.09	16.77
Net Income	87.11	70.24	80.13	112.9	-22.05	60.4
Net Income to Common	87.11	70.24	80.13	112.9	-22.05	60.4
Net Income Growth	23.40%	-12.34%	-29.03%	-	-	6465.54%
Shares Outstanding (Basic)	324	320	311	303	280	262
Shares Outstanding (Diluted)	331	330	328	328	280	276
Shares Change (YoY)	0.58%	0.39%	0.21%	16.90%	1.56%	1.27%
EPS (Basic)	0.27	0.22	0.26	0.37	-0.08	0.23
EPS (Diluted)	0.26	0.21	0.24	0.34	-0.08	0.22
EPS Growth	23.88%	-12.50%	-29.41%	-	-	6416.59%
Free Cash Flow	-15.98	-81.46	-123.47	37.59	47.59	43.1
Free Cash Flow Per Share	-0.05	-0.25	-0.38	0.12	0.17	0.16
Gross Margin	32.19%	32.75%	33.35%	33.12%	30.59%	27.79%
Operating Margin	19.50%	19.24%	19.25%	21.38%	-3.34%	18.39%
Profit Margin	8.48%	7.06%	8.64%	12.88%	-2.91%	10.51%
Free Cash Flow Margin	-1.55%	-8.19%	-13.32%	4.29%	6.28%	7.50%
EBITDA	284.53	272.73	248.47	249	25.24	151.04
EBITDA Margin	27.69%	27.42%	26.80%	28.41%	3.33%	26.27%
D&A For EBITDA	84.17	81.37	69.99	61.58	50.56	45.29
EBIT	200.36	191.37	178.48	187.42	-25.32	105.76
EBIT Margin	19.50%	19.24%	19.25%	21.38%	-3.34%	18.39%
Effective Tax Rate	26.20%	31.59%	22.23%	22.58%	-	21.73%
Advertising Expenses	-	4.25	7.05	4.63	4.87	3.22

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q