MCW (Mister Car Wash, Inc.) Stock Financials & Earnings | Market Cap Arena

MCW (Mister Car Wash, Inc.) Stock Financials & Earnings | Market Cap Arena

MCWMister Car Wash, Inc.

Mkt Cap$2B

Consumer Cyclical·Personal Products & Services·🇺🇸 United States·NASDAQ

Revenue (TTM)$1.1B

Net Income (TTM)$103M

EPS (TTM)$0.31

Free Cash Flow (TTM)$78M

Gross Margin59.4%

Op. Margin20.1%

Net Margin9.8%

FCF Margin7.5%

P/S Ratio (TTM)2.2x

P/E Ratio (TTM)22.4x

YoY Rev Growth+5.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$226M	$159M	$46M
Q2 23	$237M	$78M	$53M
Q3 23	$234M	$74M	$43M
Q4 23	$230M	$137M	$37M
Q1 24	$239M	$168M	$43M
Q2 24	$255M	$86M	$55M
Q3 24	$249M	$147M	$50M
Q4 24	$251M	$178M	$32M
Q1 25	$262M	$86M	$53M
Q2 25	$265M	$189M	$54M
Q3 25	$263M	$187M	$52M
Q4 25	$261M	$163M	$52M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.6x	23.4x
Q2 23	2.6x	25.7x
Q3 23	2.5x	27.0x
Q4 23	2.5x	28.8x
Q1 24	2.5x	30.6x
Q2 24	2.4x	32.7x
Q3 24	2.4x	31.5x
Q4 24	2.3x	32.9x
Q1 25	2.3x	28.7x
Q2 25	2.2x	26.5x
Q3 25	2.2x	25.1x
Q4 25	2.2x	22.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$67M	-$5M
Q2 23	$50M	-$6M
Q3 23	$48M	-$42M
Q4 23	$39M	-$70M
Q1 24	$58M	-$24M
Q2 24	$61M	-$20M
Q3 24	$80M	-$17M
Q4 24	$50M	-$20M
Q1 25	$88M	$32M
Q2 25	$47M	-$11M
Q3 25	$91M	$26M
Q4 25	$108M	$31M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$72M
Q2 23	$56M
Q3 23	$91M
Q4 23	$109M
Q1 24	$82M
Q2 24	$81M
Q3 24	$97M
Q4 24	$70M
Q1 25	$55M
Q2 25	$58M
Q3 25	$66M
Q4 25	$77M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+3.0%	+7.7%
Q2 23	+5.2%	+7.9%
Q3 23	+7.6%	+9.4%
Q4 23	+7.4%	+9.9%
Q1 24	+5.9%	+9.0%
Q2 24	+7.7%	+8.6%
Q3 24	+6.5%	+4.6%
Q4 24	+9.1%	+13.5%
Q1 25	+9.4%	+6.1%
Q2 25	+4.1%	+5.6%
Q3 25	+5.7%	+5.9%
Q4 25	+4.0%	-4.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$5M	2.4%
Q2 23	$6M	2.5%
Q3 23	$6M	2.7%
Q4 23	$6M	2.8%
Q1 24	$6M	2.6%
Q2 24	$6M	2.3%
Q3 24	$7M	2.7%
Q4 24	$7M	2.7%
Q1 25	$7M	2.6%
Q2 25	$7M	2.7%
Q3 25	$7M	2.5%
Q4 25	$7M	2.6%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$24M	—
Q2 23	$28M	$2M
Q3 23	$26M	$3M
Q4 23	$27M	—
Q1 24	$30M	—
Q2 24	$25M	$3M
Q3 24	$25M	—
Q4 24	$28M	—
Q1 25	$25M	$8M
Q2 25	$25M	—
Q3 25	$23M	—
Q4 25	$111M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$70M	$0	$70M
Q2 23	$136M	$0	$136M
Q3 23	$62M	$0	$62M
Q4 23	$19M	$0	$19M
Q1 24	$11M	$0	$11M
Q2 24	$4M	$0	$4M
Q3 24	$16M	$0	$16M
Q4 24	$67M	$0	$67M
Q1 25	$39M	$0	$39M
Q2 25	$26M	$0	$26M
Q3 25	$36M	$0	$36M
Q4 25	$28M	$0	$28M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	328M	+0.2%
Q2 23	328M	+0.2%
Q3 23	329M	+0.2%
Q4 23	328M	-0.2%
Q1 24	330M	+0.6%
Q2 24	328M	-0.5%
Q3 24	329M	+0.3%
Q4 24	330M	+0.1%
Q1 25	331M	+0.6%
Q2 25	332M	+0.1%
Q3 25	332M	+0.2%
Q4 25	333M	+0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	—	—
FY 21	$112K	7K
FY 22	$138K	6K
FY 23	$140K	7K
FY 24	$150K	7K
FY 25	$154K	7K