Mister Car Wash (MCW) Financial Statements
Price: $8.47
Market Cap: $2.74B
Avg Volume: 1.33M
Market Cap: $2.74B
Avg Volume: 1.33M
Country: US
Industry: Personal Products & Services
Sector: Consumer Cyclical
Industry: Personal Products & Services
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Mister Car Wash.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | $994.73M | $927.07M | $876.51M | $758.36M | $574.94M | $629.53M |
| Cost of Revenue | $290.70M | $363.72M | $268.47M | $265.17M | $193.97M | $243.91M |
| Gross Profit | $704.02M | $563.35M | $608.04M | $493.19M | $380.97M | $385.62M |
| Gross Profit Ratio | 70.78% | 60.80% | 69.37% | 65.00% | 66.26% | 61.25% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $107.98M | $105.71M | $98.86M | $254.81M | $51.34M | $84.81M |
| Selling and Marketing Expenses | $- | $- | $4.63M | $4.87M | $3.22M | $3.85M |
| Selling General and Administrative Expenses | $107.98M | $105.71M | $98.86M | $254.81M | $51.34M | $84.81M |
| Other Expenses | $417.11M | $279.50M | $322.41M | $266.07M | $224.42M | $224.40M |
| Operating Expenses | $525.09M | $385.21M | $421.27M | $520.88M | $275.76M | $309.21M |
| Cost and Expenses | $815.79M | $748.92M | $689.74M | $786.05M | $469.73M | $553.12M |
| Interest Income | $- | $- | $41.90M | $39.42M | $64.01M | $67.61M |
| Interest Expense | $79.49M | $75.10M | $41.90M | $39.42M | $64.01M | $67.61M |
| Depreciation and Amortization | $- | $69.99M | $102.68M | $86.56M | $79.57M | $40.00M |
| EBITDA | $178.93M | $248.14M | $187.72M | $42.84M | $220.75M | $105.89M |
| EBITDA Ratio | 17.99% | 26.77% | 28.33% | 3.01% | 26.18% | 18.41% |
| Operating Income | $178.93M | $178.15M | $187.72M | $-27.70M | $105.21M | $75.06M |
| Operating Income Ratio | 17.99% | 19.22% | 21.42% | -3.65% | 18.30% | 11.92% |
| Total Other Income Expenses Net | $-76.27M | $-75.10M | $-41.90M | $-42.63M | $-65.93M | $-76.78M |
| Income Before Tax | $102.67M | $103.04M | $145.82M | $-47.14M | $77.17M | $-1.72M |
| Income Before Tax Ratio | 10.32% | 11.11% | 16.64% | -6.22% | 13.42% | -0.27% |
| Income Tax Expense | $32.43M | $22.91M | $32.92M | $-25.09M | $16.77M | $-2.64M |
| Net Income | $70.24M | $80.13M | $112.90M | $-22.05M | $60.40M | $920.00K |
| Net Income Ratio | 7.06% | 8.64% | 12.88% | -2.91% | 10.51% | 0.15% |
| EPS | $0.22 | $0.26 | $0.37 | $-0.07 | $0.20 | $0.00 |
| EPS Diluted | $0.21 | $0.24 | $0.34 | $-0.07 | $0.20 | $0.00 |
| Weighted Average Shares Outstanding | 320.03M | 311.04M | 303.37M | 300.12M | 296.06M | 296.06M |
| Weighted Average Shares Outstanding Diluted | 329.51M | 328.24M | 327.56M | 300.12M | 296.06M | 296.06M |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $67.46M | $19.05M | $65.15M | $19.74M | $114.65M | $6.41M |
| Short Term Investments | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $67.46M | $19.05M | $65.15M | $19.74M | $114.65M | $6.41M |
| Net Receivables | $14.31M | $21.02M | $19.12M | $23.89M | $5.66M | $12.84M |
| Inventory | $5.73M | $8.95M | $9.17M | $6.33M | $6.42M | $7.76M |
| Other Current Assets | $11.59M | $11.88M | $12.69M | $8.89M | $8.25M | $6.09M |
| Total Current Assets | $99.09M | $60.89M | $106.14M | $58.84M | $134.97M | $33.10M |
| Property Plant Equipment Net | $1.74B | $1.56B | $1.34B | $1.19B | $944.57M | $233.57M |
| Goodwill | $1.13B | $1.13B | $1.11B | $1.06B | $737.41M | $731.99M |
| Intangible Assets | $112.51M | $117.67M | $123.61M | $129.82M | $127.02M | $133.13M |
| Goodwill and Intangible Assets | $1.25B | $1.25B | $1.23B | $1.19B | $864.43M | $865.12M |
| Long Term Investments | $- | $- | $-278.89M | $-273.65M | $-204.12M | $-42.54M |
| Tax Assets | $- | $- | $278.89M | $273.65M | $204.12M | $42.54M |
| Other Non-Current Assets | $15.97M | $9.57M | $9.10M | $8.24M | $4.48M | $18.28M |
| Total Non-Current Assets | $3.00B | $2.82B | $2.58B | $2.39B | $1.81B | $1.12B |
| Other Assets | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.10B | $2.88B | $2.69B | $2.45B | $1.95B | $1.15B |
| Account Payables | $30.02M | $33.64M | $25.65M | $27.35M | $24.37M | $15.79M |
| Short Term Debt | $56.71M | $44.73M | $82.07M | $75.81M | $42.38M | $8.29M |
| Tax Payables | $10.37M | $9.48M | $8.86M | $8.09M | $- | $- |
| Deferred Revenue | $33.96M | $32.69M | $29.39M | $27.82M | $24.50M | $21.26M |
| Other Current Liabilities | $55.91M | $49.03M | $8.68M | $-26.53M | $51.95M | $40.23M |
| Total Current Liabilities | $186.97M | $169.56M | $154.49M | $130.23M | $122.95M | $85.57M |
| Long Term Debt | $903.88M | $1.72B | $1.67B | $1.63B | $1.76B | $1.02B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $39.66M |
| Deferred Tax Liabilities Non-Current | $101.74M | $71.66M | $53.40M | $22.60M | $46.08M | $20.01M |
| Other Non-Current Liabilities | $910.86M | $4.42M | $6.83M | $8.87M | $6.56M | $110.20M |
| Total Non-Current Liabilities | $1.92B | $1.80B | $1.73B | $1.66B | $1.81B | $1.13B |
| Other Liabilities | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.10B | $1.97B | $1.89B | $1.79B | $1.93B | $1.21B |
| Preferred Stock | $- | $- | $1 | $- | $- | $1 |
| Common Stock | $3.24M | $3.16M | $3.07M | $3.01M | $2.62M | $2.62M |
| Retained Earnings | $164.85M | $94.61M | $14.48M | $-98.42M | $-76.38M | $-156.58M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $0 | $225.00K | $-1.12M | $0 |
| Other Total Stockholders Equity | $830.26M | $817.27M | $783.58M | $752.34M | $91.52M | $90.36M |
| Total Stockholders Equity | $998.35M | $915.03M | $801.13M | $657.15M | $16.65M | $-63.60M |
| Total Equity | $998.35M | $915.03M | $801.13M | $657.15M | $16.65M | $-63.60M |
| Total Liabilities and Stockholders Equity | $3.10B | $2.88B | $2.69B | $2.45B | $1.95B | $1.15B |
| Minority Interest | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.10B | $2.88B | $2.69B | $2.45B | $1.95B | $1.15B |
| Total Investments | $- | $-303.60M | $-278.89M | $-273.65M | $-204.12M | $-42.54M |
| Total Debt | $960.59M | $1.77B | $1.71B | $1.67B | $1.80B | $1.03B |
| Net Debt | $893.12M | $1.75B | $1.65B | $1.65B | $1.68B | $1.02B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Net Income | $70.24M | $80.13M | $112.90M | $-22.05M | $60.40M | $920.00K |
| Depreciation and Amortization | $81.37M | $69.99M | $61.58M | $50.56M | $45.29M | $39.47M |
| Deferred Income Tax | $30.08M | $18.14M | $29.38M | $-27.33M | $21.64M | $-4.43M |
| Stock Based Compensation | $25.56M | $24.00M | $22.30M | $216.58M | $1.49M | $2.37M |
| Change in Working Capital | $-24.15M | $-34.51M | $-38.51M | $-61.59M | $-26.43M | $12.60M |
| Accounts Receivables | $5.51M | $- | $-2.67M | $540.00K | $513.00K | $-467.00K |
| Inventory | $3.22M | $357.00K | $-2.66M | $540.00K | $935.00K | $-215.00K |
| Accounts Payables | $3.37M | $-113.00K | $5.63M | $1.83M | $-2.81M | $5.01M |
| Other Working Capital | $-36.26M | $-34.76M | $-38.82M | $-64.49M | $-25.06M | $8.27M |
| Other Non Cash Items | $65.52M | $46.91M | $41.55M | $17.18M | $-551.00K | $19.14M |
| Net Cash Provided by Operating Activities | $248.62M | $204.65M | $229.20M | $173.35M | $101.85M | $70.07M |
| Investments in Property Plant and Equipment | $-330.08M | $-328.12M | $-191.62M | $-125.76M | $-58.74M | $-74.58M |
| Acquisitions Net | $- | $-51.22M | $-86.70M | $-514.00M | $21.80M | $-82.50M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $130.23M | $119.98M | $88.19M | $95.94M | $23.59M | $43.25M |
| Net Cash Used for Investing Activities | $-199.85M | $-259.37M | $-190.13M | $-543.83M | $-13.35M | $-113.82M |
| Debt Repayment | $18.43M | $-668.00K | $-2.68M | $-167.47M | $23.00M | $251.97M |
| Common Stock Issued | $6.51M | $9.78M | $8.97M | $489.61M | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-308.00K | $-372.00K | $-619.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $-194.73M |
| Other Financing Activities | $-18.71M | $9.28M | $8.97M | $-49.37M | $46.00K | $-11.22M |
| Net Cash Used Provided by Financing Activities | $-275.00K | $8.61M | $6.29M | $272.46M | $22.68M | $45.40M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $48.49M | $-46.10M | $45.36M | $-98.02M | $111.17M | $1.65M |
| Cash at End of Period | $67.61M | $19.12M | $65.22M | $19.86M | $117.87M | $6.71M |
| Cash at Beginning of Period | $19.12M | $65.22M | $19.86M | $117.87M | $6.71M | $5.05M |
| Operating Cash Flow | $248.62M | $204.65M | $229.20M | $173.35M | $101.85M | $70.07M |
| Capital Expenditure | $-330.08M | $-328.12M | $-191.62M | $-125.76M | $-58.74M | $-74.58M |
| Free Cash Flow | $-81.46M | $-123.47M | $37.59M | $47.59M | $43.10M | $-4.51M |