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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,017	994.73	927.07	876.51	758.36	574.94
Revenue Growth (YoY)	8.18%	7.30%	5.77%	15.58%	31.90%	-8.67%
Cost of Revenue	683.77	668.94	617.9	586.25	526.37	415.17
Gross Profit	333.43	325.79	309.17	290.26	231.99	159.77
Selling, General & Admin	130	134.42	130.69	102.84	257.3	54.02
Operating Expenses	130	134.42	130.69	102.84	257.3	54.02
Operating Income	203.43	191.37	178.48	187.42	-25.32	105.76
Interest Expense	-75.49	-79.49	-75.1	-41.9	-39.42	-64.01
Other Non Operating Income (Expenses)	0.01	5.2	-	-	-	-
EBT Excluding Unusual Items	127.96	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	-14.08	-12.44	-0.13	0.95	23.19	37.89
Other Unusual Items	-0.09	-1.98	-	-	-3.2	-1.92
Pretax Income	113.78	102.67	103.04	145.82	-47.14	77.17
Income Tax Expense	33.18	32.43	22.91	32.92	-25.09	16.77
Net Income	80.6	70.24	80.13	112.9	-22.05	60.4
Net Income to Common	80.6	70.24	80.13	112.9	-22.05	60.4
Net Income Growth	6.57%	-12.34%	-29.03%	-	-	6465.54%
Shares Outstanding (Basic)	322	320	311	303	280	262
Shares Outstanding (Diluted)	330	330	328	328	280	276
Shares Change (YoY)	0.32%	0.39%	0.21%	16.90%	1.56%	1.27%
EPS (Basic)	0.25	0.22	0.26	0.37	-0.08	0.23
EPS (Diluted)	0.24	0.21	0.24	0.34	-0.08	0.22
EPS Growth	4.42%	-12.50%	-29.41%	-	-	6416.59%
Free Cash Flow	-25.14	-81.46	-123.47	37.59	47.59	43.1
Free Cash Flow Per Share	-0.08	-0.25	-0.38	0.12	0.17	0.16
Gross Margin	32.78%	32.75%	33.35%	33.12%	30.59%	27.79%
Operating Margin	20.00%	19.24%	19.25%	21.38%	-3.34%	18.39%
Profit Margin	7.92%	7.06%	8.64%	12.88%	-2.91%	10.51%
Free Cash Flow Margin	-2.47%	-8.19%	-13.32%	4.29%	6.28%	7.50%
EBITDA	286.12	272.73	248.47	249	25.24	151.04
EBITDA Margin	28.13%	27.42%	26.80%	28.41%	3.33%	26.27%
D&A For EBITDA	82.69	81.37	69.99	61.58	50.56	45.29
EBIT	203.43	191.37	178.48	187.42	-25.32	105.76
EBIT Margin	20.00%	19.24%	19.25%	21.38%	-3.34%	18.39%
Effective Tax Rate	29.16%	31.59%	22.23%	22.58%	-	21.73%
Advertising Expenses	-	4.25	7.05	4.63	4.87	3.22

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

SEC Filings: 10-K · 10-Q