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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,042	994.73	927.07	876.51	758.36	574.94
Revenue Growth (YoY)	6.98%	7.30%	5.77%	15.58%	31.90%	-8.67%
Cost of Revenue	707.19	668.94	617.9	586.25	526.37	415.17
Gross Profit	334.47	325.79	309.17	290.26	231.99	159.77
Selling, General & Admin	127.17	134.42	130.69	102.84	257.3	54.02
Operating Expenses	127.17	134.42	130.69	102.84	257.3	54.02
Operating Income	207.3	191.37	178.48	187.42	-25.32	105.76
Interest Expense	-63.81	-79.49	-75.1	-41.9	-39.42	-64.01
Other Non Operating Income (Expenses)	0.03	5.2	-	-	-	-
EBT Excluding Unusual Items	143.53	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	-16.54	-12.44	-0.13	0.95	23.19	37.89
Other Unusual Items	-0.09	-1.98	-	-	-3.2	-1.92
Pretax Income	126.9	102.67	103.04	145.82	-47.14	77.17
Income Tax Expense	34.72	32.43	22.91	32.92	-25.09	16.77
Net Income	92.18	70.24	80.13	112.9	-22.05	60.4
Net Income to Common	92.18	70.24	80.13	112.9	-22.05	60.4
Net Income Growth	25.50%	-12.34%	-29.03%	-	-	6465.54%
Shares Outstanding (Basic)	325	320	311	303	280	262
Shares Outstanding (Diluted)	332	330	328	328	280	276
Shares Change (YoY)	0.78%	0.39%	0.21%	16.90%	1.56%	1.27%
EPS (Basic)	0.28	0.22	0.26	0.37	-0.08	0.23
EPS (Diluted)	0.27	0.21	0.24	0.34	-0.08	0.22
EPS Growth	22.84%	-12.50%	-29.41%	-	-	6416.59%
Free Cash Flow	26.68	-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	32.11%	32.75%	33.35%	33.12%	30.59%	27.79%
Operating Margin	19.90%	19.24%	19.25%	21.38%	-3.34%	18.39%
Profit Margin	8.85%	7.06%	8.64%	12.88%	-2.91%	10.51%
Free Cash Flow Margin	2.56%	-8.19%	-13.32%	4.29%	6.28%	7.50%
EBITDA	292.69	272.73	248.47	249	25.24	151.04
EBITDA Margin	28.10%	27.42%	26.80%	28.41%	3.33%	26.27%
D&A For EBITDA	85.38	81.37	69.99	61.58	50.56	45.29
EBIT	207.3	191.37	178.48	187.42	-25.32	105.76
EBIT Margin	19.90%	19.24%	19.25%	21.38%	-3.34%	18.39%
Effective Tax Rate	27.36%	31.59%	22.23%	22.58%	-	21.73%
Advertising Expenses	-	4.25	7.05	4.63	4.87	3.22

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q