Mister Car Wash, Inc. (MCW)

Mister Car Wash Income Statement

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

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

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q