Studio City International Holdings Limited

Studio City International Holdings Limited

Consumer Cyclical

NYSE:MSC · New York Stock Exchange

Market Cap $112.18M Beta 0.09 P/E (TTM) -2.8
$2.31 -0.86%

-$0.02 today

52W Low $2.10High $6.63

Vol 0.00M · Avg 0.01M

EPS (TTM)-$0.83
Gambling, Resorts & Casinos

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Earnings Waterfall

Revenue to Net Income

Key Ratios

EPS$-0.85
Gross Margin68.1%
Net Margin-5.8%
P/E Ratio-1.1
P/S Ratio0.9

Analysis

$709.6M of revenue converted into -$39.9M of net income for the selected period. Gross margin is 68.1% and net margin is -5.8%, showing how much revenue survives after costs and taxes. EPS is $-0.85, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
$694.6M
+8.7%
$639.1M
+43.5%
$445.5M
+3758.1%
$11.5M
-89.2%
$106.9M
$809.6M$921.6M$731.2M
Cost of Revenue
$228.6M
+2.1%
$223.9M
+29.8%
$172.5M
+119.1%
$78.8M
-4.2%
$82.2M
$725.6M$804.0M$882.4M
Gross Profit
$466.0M
+12.2%
$415.3M
+52.1%
$273.0M
+506.2%
-$67.2M
-373.0%
$24.6M
$8.9B$7.6B$6.2B
Gross Margin
67.1%
+2.1pp
65.0%
+3.7pp
61.3%
+643.3pp
-582.0%
-605.1pp
23.0%
9.8%28.9%38.3%
Research & Development
$0
$0
$0
$0
$0
$983.2M$1.3B$490.4M
Selling, General & Admin
$183.4M
+7.1%
$171.3M
+48.7%
$115.2M
+44.4%
$79.8M
-8.9%
$87.6M
$620.6M$923.0M-$1.5B
Operating Expenses
$395.9M
+5.0%
$377.1M
+24.9%
$302.1M
+43.8%
$210.0M
-2.9%
$216.2M
$5.3B$7.0B$8.7B
Depreciation & Amortization
$212.0M
+3.4%
$205.1M
+21.1%
$169.4M
+33.4%
$127.0M
-0.5%
$127.6M
$374.2M$1.2B$631.8M
EBITDA
$281.6M
+17.2%
$240.2M
+57.2%
$152.8M
+207.9%
-$141.6M
-68.9%
-$83.9M
-$15.2B$6.8B$9.3B
EBITDA Margin
40.5%
+3.0pp
37.6%
+3.3pp
34.3%
+1260.6pp
-1226.3%
-1147.8pp
-78.5%
5.6%46.3%42.0%
Operating Income
$70.0M
+83.6%
$38.1M
+231.4%
-$29.0M
+89.5%
-$277.2M
-44.7%
-$191.6M
$12.3B$14.0B-$15.7B
Operating Margin
10.1%
+4.1pp
6.0%
+12.5pp
-6.5%
+2394.0pp
-2400.6%
-2221.3pp
-179.3%
16.6%24.1%22.0%
Interest Income
$914.0K
-77.5%
$4.1M
-62.0%
$10.7M
+66.1%
$6.4M
+110.0%
$3.1M
-$1.5B-$1.6B$405.0M
Interest Expense
$128.1M
-4.1%
$133.6M
+3.1%
$129.6M
+40.3%
$92.4M
+1.5%
$91.0M
$1.1B$1.0B$1.2B
Other Income / Expenses
-$126.7M
+7.2%
-$136.6M
-16.7%
-$117.1M
-39.9%
-$83.7M
+24.5%
-$110.9M
-$1.5B$1.4B$1.2B
Income Before Tax
-$56.7M
+42.4%
-$98.5M
+32.6%
-$146.2M
+59.5%
-$360.9M
-19.3%
-$302.5M
$3.3B$4.9B$3.6B
Pre-Tax Margin
-8.2%
+7.2pp
-15.4%
+17.4pp
-32.8%
+3092.6pp
-3125.4%
-2842.4pp
-283.0%
20.8%18.7%26.2%
Income Tax Expense
$7.6M
+3.5%
$7.4M
+9176.5%
-$81.0K
-121.2%
$382.0K
+183.6%
-$457.0K
$1.3B-$1.6B$745.2M
Net Income
-$58.8M
+39.2%
-$96.7M
+27.6%
-$133.5M
+59.1%
-$326.5M
-29.3%
-$252.6M
$4.9B$4.8B$4.7B
Net Margin
-8.5%
+6.7pp
-15.1%
+14.8pp
-30.0%
+2796.9pp
-2826.9%
-2590.6pp
-236.3%
12.4%17.5%22.5%
EPS (Basic)
-$1
+38.0%
-$2
+27.5%
-$3
+62.5%
-$7
+32.6%
-$11
$400.8M$703.2M$1.3B
EPS (Diluted)
-$1
+38.0%
-$2
+27.5%
-$3
+62.5%
-$7
+32.6%
-$11
$766.2M$609.4M$452.6M
Weighted Avg Shares
$48.1M
+0.0%
$48.1M
+0.0%
$48.1M
+8.4%
$44.4M
+91.9%
$23.1M
$757.8M$925.8M$1.1B
Weighted Avg Shares (Diluted)
$48.1M
+0.0%
$48.1M
+0.0%
$48.1M
-1.6%
$48.9M
+111.4%
$23.1M
$1.2B$924.4M$678.0M

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SEC Filings

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How much revenue does MSC generate?

Studio City International Holdings Limited (MSC) reported $694.57M of revenue in fiscal 2025.

Is MSC profitable?

Studio City International Holdings Limited (MSC) reported -$58,765,000.00 of net income, with a net margin of -8.5%.

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