MCW (MCW)
Mister Car Wash, Inc.
NASDAQ:MCWConsumer Cyclical · Personal Products & Services
Mkt Cap-
Float100.37M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.05B
Net Income$103.08M
Total Assets$3.17B
Free Cash Flow$30.3M
Debt & Equity
Debt 61%
Equity 39%
Total Debt$1.77B
Total Equity$1.13B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MCW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.17B
Liabilities$2.04B
Accounts Receivable$16.12M
Accounts Payable$27.82M
Inventory$5.49M
PP&E (Net)$1.86B
Goodwill$1.13B
Intangible Assets$110.82M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.05B | $994.73M | $927.07M | $876.51M | $758.36M | $574.94M | $629.53M |
| YoY Growth | 5.7% | 7.3% | 5.8% | 15.6% | 31.9% | -8.7% | - |
| Cost of Revenue | $390.51M | $290.7M | $363.72M | $586.25M | $265.17M | $193.97M | $243.91M |
| Gross Profit | $661.22M | $704.02M | $563.35M | $290.26M | $493.19M | $380.97M | $385.62M |
| Gross Margin | 62.9% | 70.8% | 60.8% | 33.1% | 65.0% | 66.3% | 61.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $98.01M | $107.98M | $105.71M | $102.84M | $254.81M | $51.34M | $84.81M |
| Other | $348.47M | $417.11M | $279.5M | -$302K | $242.88M | $186.53M | $225.75M |
| Total Operating Expenses | $446.48M | $525.09M | $385.21M | $102.54M | $497.7M | $237.87M | $310.55M |
| Operating Income (EBIT) | $214.74M | $178.93M | $178.15M | $187.72M | -$4.51M | $143.1M | $75.06M |
| Operating Margin | 20.4% | 18.0% | 19.2% | 21.4% | -0.6% | 24.9% | 11.9% |
| Interest Expense | $58.88M | $79.49M | $75.1M | $41.9M | $39.42M | $64.01M | $67.61M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$73.91M | -$76.27M | -$75.1M | -$41.9M | -$42.63M | -$65.93M | -$76.78M |
| Income Before Tax (EBT) | $140.84M | $102.67M | $103.04M | $145.82M | -$47.14M | $77.17M | -$1.72M |
| Income Tax Expense | $37.76M | $32.43M | $22.91M | $32.92M | -$25.09M | $16.77M | -$2.64M |
| Net Income | $103.08M | $70.24M | $80.13M | $112.9M | -$22.05M | $60.4M | $920K |
| Net Income Margin | 9.8% | 7.1% | 8.6% | 12.9% | -2.9% | 10.5% | 0.1% |
| Supplementary Data | |||||||
| EPS | 0.32 | 0.22 | 0.26 | 0.37 | -0.07 | 0.20 | 0.00 |
| Diluted EPS | 0.31 | 0.21 | 0.24 | 0.34 | -0.07 | 0.20 | 0.00 |
| Weighted Average OS | 326.25M | 320.03M | 311.04M | 303.37M | 300.12M | 296.06M | 296.06M |
| EBITDA | $287.92M | $263.52M | $248.47M | $249M | $42.84M | $186.47M | $105.36M |
| EBITDA Margin | 27.4% | 26.5% | 26.8% | 28.4% | 5.6% | 32.4% | 16.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $28.45M | $67.46M | $19.05M | $65.22M | $19.74M | $117.87M | $6.71M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $28.45M | $67.46M | $19.05M | $65.22M | $19.74M | $117.87M | $6.71M |
| Accounts Receivable | $16.12M | $14.31M | $21.02M | $19.12M | $23.89M | $5.66M | $12.84M |
| Inventory | $5.49M | $5.73M | $8.95M | $14.57M | $6.33M | $8.37M | $10.08M |
| Other Current Assets | $7.67M | $8.93M | $9.26M | $3.39M | $5.62M | $1.97M | $2.44M |
| Total Current Assets | $59.68M | $99.09M | $60.89M | $106.14M | $58.84M | $134.97M | $33.1M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $1.86B | $1.74B | $1.56B | $1.34B | $1.19B | $944.57M | $233.57M |
| Goodwill | $1.13B | $1.13B | $1.13B | $1.11B | $1.06B | $737.41M | $731.99M |
| Intangible Assets | $110.82M | $112.51M | $117.67M | $123.61M | $129.82M | $127.02M | $133.13M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $278.89M | $0 | $204.12M | $42.54M |
| Other Long-Term Assets | $11.12M | $15.97M | $9.57M | $9.1M | $8.24M | $4.48M | $18.28M |
| Total Long-Term Assets | $3.11B | $3B | $2.82B | $2.86B | $2.39B | $2.02B | $1.16B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.17B | $3.1B | $2.88B | $2.97B | $2.45B | $2.15B | $1.19B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $27.82M | $30.02M | $33.64M | $25.65M | $27.35M | $24.37M | $15.79M |
| Short-Term Debt | $0 | $6.92M | $0 | $41.03M | $0 | $42.38M | $8.29M |
| Current Income Tax Payable | $0 | $10.37M | $9.48M | $8.86M | $8.09M | $0 | $0 |
| Current Unearned Revenue | $35.9M | $33.96M | $32.69M | $29.39M | $27.82M | $24.5M | $21.26M |
| Other Current Liabilities | $0 | $0 | $29.26M | $32.33M | $0 | $20.26M | $21.04M |
| Total Current Liabilities | $184.85M | $186.97M | $169.56M | $154.49M | $130.23M | $122.95M | $85.57M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $796.89M | $909.09M | $897.42M | $895.83M | $896.34M | $1.05B | $1.03B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $137.55M | $101.74M | $71.66M | $332.29M | $22.6M | $250.21M | $62.55M |
| Other Long-Term Liabilities | $2.12M | $1.77M | $4.42M | $6.83M | $8.87M | $6.56M | $79.94M |
| Total Long-Term Liabilities | $1.86B | $1.92B | $1.8B | $2.01B | $1.66B | $2.01B | $1.17B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.04B | $2.1B | $1.97B | $2.16B | $1.79B | $2.14B | $1.26B |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3.29M | $3.24M | $3.16M | $3.07M | $3.01M | $27K | $27K |
| Retained Earnings | $267.92M | $164.85M | $94.61M | $14.48M | -$98.42M | -$76.38M | -$156.58M |
| Comprehensive Income & Other | -$293K | $0 | $0 | $0 | $225K | -$1.12M | $0 |
| Other Stockholders' Equity | $861.8M | $830.26M | $817.27M | $783.58M | $752.57M | $93M | $92.95M |
| Total Equity | $1.13B | $998.35M | $915.03M | $801.13M | $657.15M | $16.65M | -$63.6M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.17B | $3.1B | $2.88B | $2.97B | $2.45B | $2.15B | $1.19B |
| Supplementary Data | |||||||
| Total Debt | $1.77B | $1.87B | $1.77B | $1.71B | $1.67B | $1.8B | $1.04B |
| Net Debt | $1.74B | $1.8B | $1.75B | $1.65B | $1.65B | $1.68B | $1.03B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $103.08M | $70.24M | $80.13M | $112.9M | -$22.05M | $60.4M | $920K |
| Depreciation & Amortization | $88.2M | $81.37M | $69.99M | $61.58M | $50.56M | $45.29M | $39.47M |
| Deferred Income Tax | $35.78M | $30.08M | $18.14M | $29.38M | -$27.33M | $21.64M | -$4.43M |
| Stock-Based Compensation | $26.63M | $25.56M | $24M | $22.3M | $216.58M | $1.49M | $2.37M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $490K | $5.51M | -$1.4M | $4.97M | -$17.42M | $513K | -$467K |
| Inventory | $274K | $3.22M | $357K | -$2.66M | $540K | $935K | -$215K |
| Accounts Payable | $2.7M | $3.37M | -$113K | $5.63M | $1.83M | -$2.81M | $5.01M |
| Other Working Capital | $4.94M | -$36.26M | -$33.35M | -$46.46M | -$46.54M | -$25.06M | $8.27M |
| Total Working Capital Change | $8.4M | -$24.15M | -$34.51M | -$38.51M | -$61.59M | -$26.43M | $12.6M |
| Other Non-Cash Items | $23.61M | $65.52M | $46.91M | $41.55M | $17.18M | -$551K | $19.14M |
| Net Cash from Operating | $285.7M | $248.62M | $204.65M | $229.2M | $173.35M | $101.85M | $70.07M |
| Investing Activities | |||||||
| Capital Expenditures | -$255.4M | -$330.08M | -$328.12M | -$191.62M | -$125.76M | -$58.74M | -$74.58M |
| Acquisitions | $0 | $0 | -$51.22M | -$86.7M | -$514M | $21.8M | -$82.5M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $48.55M | $130.23M | $119.98M | $88.19M | $95.94M | $23.59M | $43.25M |
| Net Cash from Investing | -$206.85M | -$199.85M | -$259.37M | -$190.13M | -$543.83M | -$13.35M | -$113.82M |
| Financing Activities | |||||||
| Debt Repaid | $121.1M | -$235.43M | $668K | $2.68M | $167.47M | -$37M | -$266.22M |
| Common Stock Issuance | $5.54M | $6.51M | $0 | $0 | $489.61M | $0 | $0 |
| Common Stock Repurchases | $0 | -$19.29M | $0 | $0 | -$308K | -$372K | -$619K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | -$194.73M |
| Other Financing Activities | $45.66M | -$5.93M | $9.28M | $8.97M | -$49.37M | $46K | -$11.93M |
| Net Cash from Financing | -$117.96M | -$275K | $8.61M | $6.29M | $272.46M | $22.68M | $45.4M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$39.1M | $48.49M | -$46.1M | $45.36M | -$98.02M | $111.17M | $1.65M |
| Supplementary Data | |||||||
| Operating Cash Flow | $285.7M | $248.62M | $204.65M | $229.2M | $173.35M | $101.85M | $70.07M |
| Capital Expenditure | -$255.4M | -$330.08M | -$328.12M | -$191.62M | -$125.76M | -$58.74M | -$74.58M |
| Free Cash Flow | $30.3M | -$81.46M | -$123.47M | $37.59M | $47.59M | $43.1M | -$4.51M |
| Cash at Beginning | $67.61M | $19.12M | $65.22M | $19.86M | $117.87M | $6.71M | $5.05M |
| Cash at End | $28.51M | $67.61M | $19.12M | $65.22M | $19.86M | $117.87M | $6.71M |