Monro (MNRO) Financials

$13.72 -0.05 (-0.36%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Monro

This table shows Monro's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/30/2024	3/25/2023	3/26/2022
Net Income / (Loss) Attributable to Common Shareholders	38	39	62
Consolidated Net Income / (Loss)	38	39	62
Net Income / (Loss) Continuing Operations	38	39	62
Total Pre-Tax Income	52	57	77
Total Operating Income	71	80	101
Total Gross Profit	452	456	482
Total Revenue	1,277	1,325	1,359
Operating Revenue	1,277	1,325	1,359
Total Cost of Revenue	825	869	877
Operating Cost of Revenue	825	869	877
Total Operating Expenses	381	376	381
Selling, General & Admin Expense	381	376	381
Total Other Income / (Expense), net	-20	-23	-24
Interest Expense	20	23	25
Other Income / (Expense), net	0.46	0.59	0.62
Income Tax Expense	14	18	16
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-0.66	-0.38	-0.13
Basic Earnings per Share	$1.18	$1.20	$1.82
Weighted Average Basic Shares Outstanding	30.90M	32.14M	33.53M
Diluted Earnings per Share	$1.18	$1.20	$1.81
Weighted Average Diluted Shares Outstanding	31.89M	32.65M	34.04M
Weighted Average Basic & Diluted Shares Outstanding	29.92M	31.42M	33.56M
Cash Dividends to Common per Share	$1.12	$1.12	$1.02

This table shows Monro's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/23/2023	9/23/2023	6/24/2023	3/25/2023	12/24/2022	9/24/2022	6/25/2022
Net Income / (Loss) Attributable to Common Shareholders	4.62	5.68	5.86	4.18	12	13	8.83	1.08	13	13	12
Consolidated Net Income / (Loss)	4.58	5.65	5.86	3.70	12	13	8.83	0.41	13	13	12
Net Income / (Loss) Continuing Operations	4.58	5.65	5.86	3.70	12	13	8.83	0.41	13	13	12
Total Pre-Tax Income	5.82	8.18	8.20	5.69	16	18	12	0.63	18	18	21
Total Operating Income	9.96	13	13	10	21	22	17	6.18	24	23	26
Total Gross Profit	105	106	109	110	113	115	114	104	113	117	122
Total Revenue	306	301	293	310	318	322	327	311	335	330	350
Operating Revenue	306	301	293	310	318	322	327	311	335	330	350
Total Cost of Revenue	201	195	184	200	205	207	213	207	222	213	227
Operating Cost of Revenue	201	195	184	200	205	207	213	207	222	213	227
Total Operating Expenses	95	93	96	100	91	93	97	98	90	93	96
Selling, General & Admin Expense	95	93	96	100	91	93	97	98	90	93	96
Total Other Income / (Expense), net	-4.15	-5.03	-5.05	-4.65	-4.98	-4.77	-5.15	-5.55	-5.85	-5.61	-5.58
Interest Expense	4.25	5.14	5.14	4.95	5.04	4.80	5.21	5.86	5.95	5.71	5.66
Other Income / (Expense), net	0.10	0.11	0.09	0.31	0.06	0.03	0.06	0.32	0.10	0.10	0.08
Income Tax Expense	1.24	2.53	2.33	1.99	4.23	4.72	3.37	0.22	4.96	4.75	8.19
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-0.03	-0.03	-	-	-0.09	-0.09	-	-0.68	0.10	0.10	0.10
Basic Earnings per Share	$0.15	$0.18	$0.19	$0.12	$0.38	$0.40	$0.28	$0.02	$0.41	$0.40	$0.37
Weighted Average Basic Shares Outstanding	29.95M	29.93M	29.92M	30.90M	30.93M	31.43M	31.42M	32.14M	31.47M	32.20M	33.48M
Diluted Earnings per Share	$0.15	$0.18	$0.19	$0.12	$0.38	$0.40	$0.28	$0.02	$0.41	$0.40	$0.37
Weighted Average Diluted Shares Outstanding	31.27M	31.22M	31.22M	31.89M	32.19M	32.27M	31.95M	32.65M	31.99M	32.73M	33.99M
Weighted Average Basic & Diluted Shares Outstanding	29.95M	29.95M	29.92M	29.92M	29.90M	31.45M	31.42M	31.42M	31.40M	31.46M	32.20M
Cash Dividends to Common per Share	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28	$0.28

This table details how cash moves in and out of Monro's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/30/2024	3/25/2023	3/26/2022
Net Change in Cash & Equivalents	1.68	-3.06	-22
Net Cash From Operating Activities	125	215	174
Net Cash From Continuing Operating Activities	125	215	174
Net Income / (Loss) Continuing Operations	38	39	62
Consolidated Net Income / (Loss)	38	39	62
Depreciation Expense	72	77	81
Non-Cash Adjustments To Reconcile Net Income	5.04	-0.43	4.16
Changes in Operating Assets and Liabilities, net	10	99	27
Net Cash From Investing Activities	-1.96	27	-110
Net Cash From Continuing Investing Activities	-1.96	27	-110
Purchase of Property, Plant & Equipment	-25	-39	-28
Acquisitions	0.00	-6.69	-83
Sale of Property, Plant & Equipment	2.95	7.22	1.24
Divestitures	21	57	0.00
Other Investing Activities, net	-0.03	8.42	0.12
Net Cash From Financing Activities	-122	-245	-86
Net Cash From Continuing Financing Activities	-122	-245	-86
Repayment of Debt	-198	-269	-220
Repurchase of Common Equity	-44	-97	0.00
Payment of Dividends	-36	-36	-35
Issuance of Debt	156	157	166
Other Financing Activities, net	0.02	0.73	2.14
Cash Interest Paid	20	23	24
Cash Income Taxes Paid	5.28	17	-12

This table details how cash moves in and out of Monro's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/23/2023	9/23/2023	6/24/2023	3/25/2023	12/24/2022	9/24/2022	6/25/2022
Net Change in Cash & Equivalents	-11	2.19	12	-17	15	-6.26	10	-8.12	3.21	-21	23
Net Cash From Operating Activities	15	63	26	-5.27	32	27	72	44	51	43	77
Net Cash From Continuing Operating Activities	15	63	26	-5.27	32	27	72	44	51	43	77
Net Income / (Loss) Continuing Operations	4.58	5.65	5.86	3.70	12	13	8.83	0.41	13	13	12
Consolidated Net Income / (Loss)	4.58	5.65	5.86	3.70	12	13	8.83	0.41	13	13	12
Depreciation Expense	17	17	18	18	18	18	18	19	19	19	20
Non-Cash Adjustments To Reconcile Net Income	-0.07	-1.16	1.50	4.10	0.41	0.88	-0.36	0.51	-0.41	0.33	-0.86
Changes in Operating Assets and Liabilities, net	-6.84	41	0.53	-31	1.67	-5.32	45	24	19	10	45
Net Cash From Investing Activities	-4.53	8.87	-4.23	-1.67	6.38	-4.04	-2.63	-9.01	-2.37	-11	49
Net Cash From Continuing Investing Activities	-4.53	8.87	-4.23	-1.67	6.38	-4.04	-2.63	-9.01	-2.37	-11	49
Purchase of Property, Plant & Equipment	-6.88	-4.92	-8.88	-6.59	-3.19	-8.03	-7.68	-10	-8.95	-11	-8.21
Sale of Property, Plant & Equipment	2.35	9.63	0.28	0.16	1.07	0.62	1.11	2.80	3.19	0.50	0.72
Other Investing Activities, net	-8.52	4.15	4.37	-	-	-	3.94	4.38	4.04	-	0.00
Net Cash From Financing Activities	-21	-69	-9.30	-10	-24	-29	-59	-43	-45	-53	-103
Net Cash From Continuing Financing Activities	-21	-69	-9.30	-10	-24	-29	-59	-43	-45	-53	-103
Repayment of Debt	-66	-91	-65	-58	-31	-42	-67	-52	-48	-48	-121
Repurchase of Common Equity	0.42	-	-	-	-44	-	-	-	-26	-54	-17
Payment of Dividends	-8.39	-8.72	-8.71	-8.71	-8.94	-8.93	-8.93	-8.92	-8.92	-9.10	-9.47
Issuance of Debt	53	31	64	56	60	23	17	18	37	58	44

This table presents Monro's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/30/2024	3/25/2023	3/26/2022
Total Assets	1,693	1,777	1,871
Total Current Assets	253	258	246
Cash & Equivalents	6.56	4.88	7.95
Accounts Receivable	12	13	15
Inventories, net	154	147	166
Prepaid Expenses	81	93	56
Current Deferred & Refundable Income Taxes	0.00	-	-
Plant, Property, & Equipment, net	280	305	315
Total Noncurrent Assets	1,159	1,213	1,311
Noncurrent Note & Lease Receivables	181	217	268
Goodwill	736	736	777
Intangible Assets	13	17	27
Other Noncurrent Operating Assets	229	240	234
Total Liabilities & Shareholders' Equity	1,693	1,777	1,871
Total Liabilities	1,036	1,082	1,089
Total Current Liabilities	455	449	322
Short-Term Debt	38	40	42
Accounts Payable	252	262	132
Accrued Expenses	56	48	49
Current Deferred Revenue	15	15	14
Current Employee Benefit Liabilities	21	16	19
Other Current Liabilities	73	68	63
Total Noncurrent Liabilities	581	633	767
Long-Term Debt	102	105	176
Capital Lease Obligations	249	295	357
Noncurrent Deferred & Payable Income Tax Liabilities	37	31	29
Other Noncurrent Operating Liabilities	192	202	203
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	657	695	783
Total Preferred & Common Equity	657	695	783
Total Common Equity	657	695	783
Common Stock	255	251	245
Retained Earnings	655	654	651
Treasury Stock	-250	-206	-109
Accumulated Other Comprehensive Income / (Loss)	-3.45	-4.12	-4.49
Other Equity Adjustments	0.03	0.03	0.03

This table presents Monro's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023
Period end date	12/28/2024	9/28/2024	6/29/2024	12/23/2023	9/23/2023	6/24/2023	12/24/2022	9/24/2022	6/25/2022
Total Assets	1,670	1,681	1,712	1,733	1,727	1,754	1,799	1,789	1,816
Total Current Assets	274	267	278	272	248	251	269	241	247
Cash & Equivalents	10	21	19	24	9.05	15	13	9.79	31
Accounts Receivable	12	13	12	14	14	14	13	13	12
Inventories, net	177	162	162	160	147	141	141	135	129
Prepaid Expenses	72	69	85	72	78	80	101	83	76
Current Deferred & Refundable Income Taxes	2.61	1.56	-	0.81	0.02	-	-	-	-
Plant, Property, & Equipment, net	269	273	276	285	290	300	307	308	308
Total Noncurrent Assets	1,128	1,142	1,158	1,177	1,189	1,203	1,223	1,241	1,260
Noncurrent Note & Lease Receivables	173	179	183	190	197	207	228	237	253
Goodwill	736	736	736	736	736	736	730	730	730
Intangible Assets	11	12	13	14	15	16	17	18	19
Other Noncurrent Operating Assets	207	215	226	236	239	242	245	252	253
Total Liabilities & Shareholders' Equity	1,670	1,681	1,712	1,733	1,727	1,754	1,799	1,789	1,816
Total Liabilities	1,021	1,029	1,058	1,073	1,027	1,059	1,098	1,067	1,046
Total Current Liabilities	508	502	469	487	472	481	427	385	370
Short-Term Debt	39	39	38	39	39	40	40	40	41
Accounts Payable	317	299	279	287	280	276	228	184	156
Accrued Expenses	56	59	53	54	51	53	49	52	51
Current Deferred Revenue	15	15	15	15	15	15	15	15	15
Current Employee Benefit Liabilities	13	20	14	20	14	23	23	15	24
Other Current Liabilities	69	69	68	72	72	71	66	69	67
Total Noncurrent Liabilities	513	528	589	587	554	578	671	682	676
Long-Term Debt	59	62	112	94	55	65	130	130	110
Capital Lease Obligations	233	241	249	260	270	282	308	320	340
Noncurrent Deferred & Payable Income Tax Liabilities	43	40	39	38	35	32	30	27	25
Other Noncurrent Operating Liabilities	179	184	190	195	195	199	203	205	201
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	649	652	654	660	700	695	701	722	770
Total Preferred & Common Equity	649	652	654	660	700	695	701	722	770
Total Common Equity	649	652	654	660	700	695	701	722	770
Common Stock	257	256	255	253	253	251	249	248	246
Retained Earnings	645	649	652	660	657	653	662	658	654
Treasury Stock	-250	-250	-250	-250	-206	-206	-206	-180	-126
Accumulated Other Comprehensive Income / (Loss)	-3.35	-3.38	-3.42	-3.83	-3.93	-4.02	-4.79	-4.69	-4.59
Other Equity Adjustments	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03

This table displays calculated financial ratios and metrics derived from Monro's official financial filings.

Metric	2024	2023	2022
Period end date	3/30/2024	3/25/2023	3/26/2022
Growth Metrics	-	-	-
Revenue Growth	-3.67%	-2.50%	20.75%
EBITDA Growth	-8.45%	-14.04%	22.28%
EBIT Growth	-10.53%	-21.17%	40.72%
NOPAT Growth	-5.04%	-32.50%	43.84%
Net Income Growth	-3.78%	-36.58%	79.40%
EPS Growth	-1.67%	-33.70%	79.21%
Operating Cash Flow Growth	-41.77%	23.74%	-6.03%
Free Cash Flow Firm Growth	-48.36%	531.64%	54.28%
Invested Capital Growth	-8.00%	-16.34%	2.83%
Revenue Q/Q Growth	-0.06%	-1.28%	1.69%
EBITDA Q/Q Growth	2.18%	-4.45%	-4.10%
EBIT Q/Q Growth	6.13%	-6.36%	-7.97%
NOPAT Q/Q Growth	5.03%	-14.94%	-4.02%
Net Income Q/Q Growth	9.60%	-17.37%	-4.92%
EPS Q/Q Growth	9.26%	-16.08%	-4.74%
Operating Cash Flow Q/Q Growth	-28.17%	-1.24%	13.62%
Free Cash Flow Firm Q/Q Growth	-24.03%	2.51%	80.36%
Invested Capital Q/Q Growth	1.11%	-3.09%	-1.44%
Profitability Metrics	-	-	-
Gross Margin	35.41%	34.42%	35.45%
EBITDA Margin	11.29%	11.87%	13.47%
Operating Margin	5.59%	6.02%	7.45%
EBIT Margin	5.63%	6.06%	7.50%
Profit (Net Income) Margin	2.94%	2.95%	4.53%
Tax Burden Percent	72.42%	68.31%	79.66%
Interest Burden Percent	72.17%	71.15%	75.83%
Effective Tax Rate	27.58%	31.69%	20.34%
Return on Invested Capital (ROIC)	4.77%	4.39%	6.06%
ROIC Less NNEP Spread (ROIC-NNEP)	1.31%	1.32%	2.68%
Return on Net Nonoperating Assets (RNNOA)	0.79%	0.89%	1.98%
Return on Equity (ROE)	5.56%	5.28%	8.03%
Cash Return on Invested Capital (CROIC)	13.09%	22.18%	3.27%
Operating Return on Assets (OROA)	4.14%	4.40%	5.53%
Return on Assets (ROA)	2.17%	2.14%	3.34%
Return on Common Equity (ROCE)	5.56%	5.28%	8.03%
Return on Equity Simple (ROE_SIMPLE)	5.72%	5.62%	7.86%
Net Operating Profit after Tax (NOPAT)	52	54	81
NOPAT Margin	4.05%	4.11%	5.94%
Net Nonoperating Expense Percent (NNEP)	3.46%	3.07%	3.38%
Cost of Revenue to Revenue	64.59%	65.58%	64.55%
SG&A Expenses to Revenue	29.82%	28.40%	27.99%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.82%	28.40%	27.99%
Earnings before Interest and Taxes (EBIT)	72	80	102
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	144	157	183
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.42	2.11	1.77
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.73	1.11	1.02
Price to Earnings (P/E)	24.39	37.27	22.42
Dividend Yield	3.59%	2.39%	2.47%
Earnings Yield	4.10%	2.68%	4.46%
Enterprise Value to Invested Capital (EV/IC)	1.27	1.69	1.44
Enterprise Value to Revenue (EV/Rev)	1.03	1.44	1.44
Enterprise Value to EBITDA (EV/EBITDA)	9.13	12.10	10.66
Enterprise Value to EBIT (EV/EBIT)	18.30	23.71	19.15
Enterprise Value to NOPAT (EV/NOPAT)	25.44	34.97	24.18
Enterprise Value to Operating Cash Flow (EV/OCF)	10.51	8.86	11.23
Enterprise Value to Free Cash Flow (EV/FCFF)	9.26	6.92	44.79
Leverage & Solvency	-	-	-
Debt to Equity	0.59	0.63	0.74
Long-Term Debt to Equity	0.54	0.58	0.68
Financial Leverage	0.61	0.68	0.74
Leverage Ratio	2.57	2.47	2.40
Compound Leverage Factor	1.85	1.76	1.82
Debt to Total Capital	37.24%	38.78%	42.39%
Short-Term Debt to Total Capital	3.65%	3.52%	3.10%
Long-Term Debt to Total Capital	33.59%	35.26%	39.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.76%	61.22%	57.61%
Debt to EBITDA	2.70	2.80	3.15
Net Debt to EBITDA	2.66	2.77	3.10
Long-Term Debt to EBITDA	2.44	2.54	2.92
Debt to NOPAT	7.53	8.08	7.14
Net Debt to NOPAT	7.41	7.99	7.04
Long-Term Debt to NOPAT	6.80	7.35	6.62
Altman Z-Score	1.83	2.10	2.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	0.56	0.58	0.76
Quick Ratio	0.04	0.04	0.07
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	142	275	44
Operating Cash Flow to CapEx	555.76%	676.79%	653.48%
Free Cash Flow to Firm to Interest Expense	7.10	11.87	1.77
Operating Cash Flow to Interest Expense	6.26	9.28	7.05
Operating Cash Flow Less CapEx to Interest Expense	5.13	7.91	5.98
Efficiency Ratios	-	-	-
Asset Turnover	0.74	0.73	0.74
Accounts Receivable Turnover	102.01	94.36	90.26
Inventory Turnover	5.47	5.54	5.34
Fixed Asset Turnover	4.36	4.27	4.23
Accounts Payable Turnover	3.21	4.42	7.18
Days Sales Outstanding (DSO)	3.58	3.87	4.04
Days Inventory Outstanding (DIO)	66.72	65.86	68.33
Days Payable Outstanding (DPO)	113.67	82.66	50.82
Cash Conversion Cycle (CCC)	-43.38	-12.94	21.55
Capital & Investment Metrics	-	-	-
Invested Capital	1,040	1,130	1,351
Invested Capital Turnover	1.18	1.07	1.02
Increase / (Decrease) in Invested Capital	-90	-221	37
Enterprise Value (EV)	1,316	1,905	1,951
Market Capitalization	932	1,469	1,383
Book Value per Share	$21.96	$22.13	$23.34
Tangible Book Value per Share	($3.11)	($1.85)	($0.61)
Total Capital	1,046	1,135	1,359
Total Debt	390	440	576
Total Long-Term Debt	351	400	534
Net Debt	383	435	568
Capital Expenditures (CapEx)	23	32	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-170	-156	-42
Debt-free Net Working Capital (DFNWC)	-164	-151	-34
Net Working Capital (NWC)	-202	-191	-76
Net Nonoperating Expense (NNE)	14	15	19
Net Nonoperating Obligations (NNO)	383	435	568
Total Depreciation and Amortization (D&A)	72	77	81
Debt-free, Cash-free Net Working Capital to Revenue	-13.33%	-11.74%	-3.11%
Debt-free Net Working Capital to Revenue	-12.82%	-11.37%	-2.53%
Net Working Capital to Revenue	-15.81%	-14.39%	-5.63%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$1.18	$1.20	$1.82
Adjusted Weighted Average Basic Shares Outstanding	30.90M	32.14M	33.53M
Adjusted Diluted Earnings per Share	$1.18	$1.20	$1.81
Adjusted Weighted Average Diluted Shares Outstanding	31.89M	32.65M	34.04M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.92M	31.42M	33.56M
Normalized Net Operating Profit after Tax (NOPAT)	52	54	81
Normalized NOPAT Margin	4.05%	4.11%	5.94%
Pre Tax Income Margin	4.06%	4.31%	5.69%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	3.59	3.47	4.14
NOPAT to Interest Expense	2.59	2.35	3.28
EBIT Less CapEx to Interest Expense	2.47	2.10	3.06
NOPAT Less CapEx to Interest Expense	1.46	0.98	2.20
Payout Ratios	-	-	-
Dividend Payout Ratio	94.50%	93.23%	56.32%
Augmented Payout Ratio	211.73%	341.43%	56.32%

This table displays calculated financial ratios and metrics derived from Monro's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/23/2023	9/23/2023	6/24/2023	3/25/2023	12/24/2022	9/24/2022	6/25/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.74%	-6.43%	-10.33%	-0.24%	-5.23%	-2.34%	-6.46%	-5.24%	-1.93%	-5.14%	2.26%
EBITDA Growth	-30.90%	-23.99%	-13.17%	12.16%	-8.04%	-5.36%	-22.91%	-22.45%	-10.26%	-21.42%	-3.74%
EBIT Growth	-53.07%	-40.54%	-23.37%	63.88%	-10.44%	-5.01%	-33.90%	-45.64%	-12.86%	-31.73%	-5.82%
NOPAT Growth	-50.53%	-44.27%	-24.53%	67.90%	-8.14%	-5.09%	-20.80%	-74.84%	-15.73%	-32.69%	-23.88%
Net Income Growth	-62.34%	-56.13%	-33.59%	804.65%	-6.63%	-1.90%	-29.28%	-95.25%	-19.97%	-37.47%	-20.39%
EPS Growth	-60.53%	-55.00%	-32.14%	500.00%	-7.32%	0.00%	-24.32%	-92.00%	-14.58%	-35.48%	-19.57%
Operating Cash Flow Growth	-54.00%	135.40%	-64.26%	-112.02%	-36.83%	-38.32%	-7.09%	-5.80%	104.27%	8.79%	23.11%
Free Cash Flow Firm Growth	-56.40%	-44.47%	-76.30%	-56.79%	-30.67%	4.28%	21.06%	1,158.57%	662.11%	621.88%	423.62%
Invested Capital Growth	-5.75%	-7.75%	-3.02%	-8.00%	-11.82%	-12.25%	-13.27%	-16.34%	-14.91%	-10.41%	-9.52%
Revenue Q/Q Growth	1.45%	2.80%	-5.45%	-2.39%	-1.38%	-1.49%	5.19%	-7.27%	1.63%	-5.64%	6.56%
EBITDA Q/Q Growth	-11.75%	-0.88%	9.40%	-27.79%	-2.93%	13.23%	41.32%	-40.79%	-0.11%	-7.76%	42.16%
EBIT Q/Q Growth	-24.40%	-0.20%	25.32%	-50.37%	-4.22%	28.62%	168.01%	-72.87%	1.58%	-10.49%	120.40%
NOPAT Q/Q Growth	-13.93%	-3.78%	41.00%	-57.64%	-3.03%	30.30%	213.66%	-76.82%	0.19%	8.74%	-0.34%
Net Income Q/Q Growth	-18.84%	-3.68%	58.46%	-69.60%	-5.45%	45.79%	2,058.68%	-96.86%	-0.66%	5.10%	44.91%
EPS Q/Q Growth	-16.67%	-5.26%	58.33%	-68.42%	-5.00%	42.86%	1,300.00%	-95.12%	2.50%	8.11%	48.00%
Operating Cash Flow Q/Q Growth	-76.36%	144.01%	586.77%	-116.38%	21.00%	-62.95%	63.68%	-13.90%	18.15%	-44.20%	65.95%
Free Cash Flow Firm Q/Q Growth	-26.28%	118.08%	-57.08%	-36.82%	-6.10%	-6.93%	-21.74%	1.37%	41.24%	8.05%	784.29%
Invested Capital Q/Q Growth	-0.42%	-5.90%	-0.52%	1.11%	-2.53%	-1.08%	-5.62%	-3.09%	-3.01%	-2.24%	-8.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.28%	35.30%	37.24%	35.49%	35.47%	35.70%	34.99%	33.39%	33.85%	35.39%	34.96%
EBITDA Margin	8.89%	10.22%	10.60%	9.16%	12.39%	12.58%	10.95%	8.15%	12.76%	12.99%	13.28%
Operating Margin	3.26%	4.38%	4.52%	3.33%	6.73%	6.94%	5.31%	1.99%	7.11%	7.12%	7.51%
EBIT Margin	3.29%	4.42%	4.55%	3.43%	6.75%	6.95%	5.32%	2.09%	7.14%	7.15%	7.53%
Profit (Net Income) Margin	1.50%	1.87%	2.00%	1.19%	3.83%	4.00%	2.70%	0.13%	3.89%	3.98%	3.57%
Tax Burden Percent	78.77%	69.07%	71.54%	65.01%	74.20%	73.19%	72.37%	64.82%	72.43%	73.44%	60.38%
Interest Burden Percent	57.81%	61.42%	61.44%	53.47%	76.48%	78.56%	70.08%	9.72%	75.15%	75.80%	78.51%
Effective Tax Rate	21.23%	30.93%	28.46%	34.99%	25.80%	26.81%	27.63%	35.18%	27.57%	26.56%	39.62%
Return on Invested Capital (ROIC)	3.11%	3.65%	3.82%	2.55%	5.81%	5.83%	4.36%	1.38%	5.45%	5.54%	4.79%
ROIC Less NNEP Spread (ROIC-NNEP)	2.16%	2.62%	2.86%	1.81%	4.93%	4.99%	3.46%	0.66%	4.65%	4.76%	4.15%
Return on Net Nonoperating Assets (RNNOA)	1.14%	1.31%	1.59%	1.10%	3.02%	2.93%	1.97%	0.45%	3.31%	3.34%	2.88%
Return on Equity (ROE)	4.25%	4.96%	5.42%	3.65%	8.83%	8.76%	6.32%	1.82%	8.76%	8.88%	7.67%
Cash Return on Invested Capital (CROIC)	9.24%	12.14%	7.70%	13.09%	17.04%	17.53%	18.70%	22.18%	21.16%	16.27%	15.83%
Operating Return on Assets (OROA)	2.34%	3.17%	3.26%	2.53%	4.88%	5.12%	3.89%	1.52%	5.20%	5.29%	5.56%
Return on Assets (ROA)	1.07%	1.34%	1.43%	0.88%	2.77%	2.94%	1.97%	0.10%	2.83%	2.95%	2.63%
Return on Common Equity (ROCE)	4.25%	4.96%	5.42%	3.65%	8.83%	8.76%	6.32%	1.82%	8.76%	8.88%	7.67%
Return on Equity Simple (ROE_SIMPLE)	3.05%	4.20%	5.29%	0.00%	5.20%	5.02%	5.09%	0.00%	6.74%	7.00%	7.58%
Net Operating Profit after Tax (NOPAT)	7.85	9.12	9.48	6.72	16	16	13	4.00	17	17	16
NOPAT Margin	2.57%	3.03%	3.23%	2.17%	4.99%	5.08%	3.84%	1.29%	5.15%	5.23%	4.54%
Net Nonoperating Expense Percent (NNEP)	0.95%	1.03%	0.96%	0.74%	0.89%	0.83%	0.90%	0.72%	0.80%	0.78%	0.64%
Return On Investment Capital (ROIC_SIMPLE)	0.80%	-	-	-	1.51%	-	-	-	-	-	-
Cost of Revenue to Revenue	65.72%	64.70%	62.76%	64.51%	64.53%	64.30%	65.01%	66.61%	66.15%	64.61%	65.04%
SG&A Expenses to Revenue	31.02%	30.92%	32.72%	32.16%	28.74%	28.76%	29.68%	31.41%	26.73%	28.28%	27.45%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	31.02%	30.92%	32.72%	32.16%	28.74%	28.76%	29.68%	31.41%	26.73%	28.28%	27.45%
Earnings before Interest and Taxes (EBIT)	10	13	13	11	21	22	17	6.50	24	24	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	31	31	28	39	41	36	25	43	43	46
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.14	1.32	1.09	1.42	1.43	1.23	1.73	2.11	1.93	1.84	1.87
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	70.73
Price to Revenue (P/Rev)	0.61	0.71	0.57	0.73	0.74	0.66	0.92	1.11	1.01	0.99	1.05
Price to Earnings (P/E)	36.46	30.84	20.24	24.39	26.80	23.97	33.46	37.27	28.65	26.30	24.54
Dividend Yield	4.52%	3.88%	4.69%	3.59%	3.74%	4.10%	2.93%	2.39%	2.56%	2.62%	2.48%
Earnings Yield	2.74%	3.24%	4.94%	4.10%	3.73%	4.17%	2.99%	2.68%	3.49%	3.80%	4.08%
Enterprise Value to Invested Capital (EV/IC)	1.10	1.22	1.06	1.27	1.27	1.15	1.47	1.69	1.56	1.50	1.54
Enterprise Value to Revenue (EV/Rev)	0.88	0.97	0.88	1.03	1.03	0.94	1.21	1.44	1.35	1.34	1.39
Enterprise Value to EBITDA (EV/EBITDA)	9.04	9.14	7.85	9.13	9.29	8.40	10.71	12.10	11.03	10.67	10.46
Enterprise Value to EBIT (EV/EBIT)	22.42	20.16	16.13	18.30	19.35	17.28	22.01	23.71	21.18	20.26	18.90
Enterprise Value to NOPAT (EV/NOPAT)	32.00	28.61	22.48	25.44	26.61	23.98	30.52	34.97	28.37	26.91	25.08
Enterprise Value to Operating Cash Flow (EV/OCF)	10.87	10.29	13.83	10.51	7.52	6.29	7.50	8.86	8.35	9.44	10.07
Enterprise Value to Free Cash Flow (EV/FCFF)	11.50	9.62	13.53	9.26	7.01	6.13	7.32	6.92	6.77	8.74	9.25
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.53	0.61	0.59	0.60	0.52	0.56	0.63	0.68	0.68	0.64
Long-Term Debt to Equity	0.45	0.47	0.55	0.54	0.54	0.46	0.50	0.58	0.62	0.62	0.58
Financial Leverage	0.53	0.50	0.56	0.61	0.61	0.59	0.57	0.68	0.71	0.70	0.69
Leverage Ratio	2.60	2.52	2.57	2.57	2.60	2.47	2.44	2.47	2.49	2.44	2.43
Compound Leverage Factor	1.50	1.55	1.58	1.37	1.99	1.94	1.71	0.24	1.87	1.85	1.90
Debt to Total Capital	33.75%	34.43%	37.86%	37.24%	37.31%	34.21%	35.75%	38.78%	40.54%	40.46%	38.95%
Short-Term Debt to Total Capital	3.95%	3.94%	3.60%	3.65%	3.69%	3.71%	3.69%	3.52%	3.40%	3.34%	3.27%
Long-Term Debt to Total Capital	29.81%	30.49%	34.26%	33.59%	33.62%	30.51%	32.06%	35.26%	37.14%	37.13%	35.68%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.25%	65.57%	62.14%	62.76%	62.69%	65.79%	64.25%	61.22%	59.46%	59.54%	61.05%
Debt to EBITDA	2.81	2.64	2.86	2.70	2.78	2.52	2.64	2.80	2.90	2.89	2.71
Net Debt to EBITDA	2.73	2.48	2.73	2.66	2.62	2.46	2.53	2.77	2.82	2.83	2.54
Long-Term Debt to EBITDA	2.49	2.34	2.59	2.44	2.51	2.25	2.36	2.54	2.66	2.65	2.48
Debt to NOPAT	9.96	8.27	8.20	7.53	7.97	7.19	7.51	8.08	7.47	7.29	6.50
Net Debt to NOPAT	9.66	7.77	7.81	7.41	7.49	7.02	7.22	7.99	7.26	7.15	6.09
Long-Term Debt to NOPAT	8.80	7.32	7.42	6.80	7.18	6.41	6.74	7.35	6.84	6.69	5.95
Altman Z-Score	1.55	1.63	1.56	1.71	1.69	1.67	1.82	1.96	1.94	1.96	2.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.54	0.53	0.59	0.56	0.56	0.52	0.52	0.58	0.63	0.63	0.67
Quick Ratio	0.04	0.07	0.07	0.04	0.08	0.05	0.06	0.04	0.06	0.06	0.11
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	67	91	42	97	154	164	176	225	222	157	145
Operating Cash Flow to CapEx	326.80%	0.00%	298.08%	-81.94%	1,516.08%	358.84%	1,091.46%	572.80%	883.56%	396.39%	1,030.91%
Free Cash Flow to Firm to Interest Expense	15.78	17.69	8.10	19.60	30.47	34.09	33.76	38.32	37.26	27.51	25.67
Operating Cash Flow to Interest Expense	3.48	12.18	4.98	-1.06	6.38	5.54	13.77	7.47	8.56	7.55	13.65
Operating Cash Flow Less CapEx to Interest Expense	2.42	13.10	3.31	-2.36	5.96	3.99	12.51	6.17	7.59	5.65	12.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.71	0.72	0.72	0.74	0.72	0.74	0.73	0.73	0.73	0.74	0.74
Accounts Receivable Turnover	91.21	89.17	94.98	102.01	92.56	96.29	100.33	94.36	96.31	94.40	100.25
Inventory Turnover	4.63	5.08	5.25	5.47	5.51	6.02	6.33	5.54	5.69	5.90	6.00
Fixed Asset Turnover	4.38	4.35	4.31	4.36	4.32	4.34	4.29	4.27	4.31	4.33	4.34
Accounts Payable Turnover	2.58	2.71	2.87	3.21	3.23	3.65	3.96	4.42	5.12	5.80	6.41
Days Sales Outstanding (DSO)	4.00	4.09	3.84	3.58	3.94	3.79	3.64	3.87	3.79	3.87	3.64
Days Inventory Outstanding (DIO)	78.83	71.85	69.55	66.72	66.20	60.59	57.63	65.86	64.09	61.88	60.80
Days Payable Outstanding (DPO)	141.34	134.84	127.12	113.67	113.16	99.90	92.18	82.66	71.36	62.94	56.93
Cash Conversion Cycle (CCC)	-58.52	-58.90	-53.72	-43.38	-43.01	-35.52	-30.91	-12.94	-3.47	2.80	7.51
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	969	973	1,035	1,040	1,029	1,055	1,067	1,130	1,166	1,203	1,230
Invested Capital Turnover	1.21	1.21	1.18	1.18	1.16	1.15	1.13	1.07	1.06	1.06	1.06
Increase / (Decrease) in Invested Capital	-59	-82	-32	-90	-138	-147	-163	-221	-204	-140	-129
Enterprise Value (EV)	1,062	1,184	1,094	1,316	1,310	1,214	1,572	1,905	1,817	1,810	1,896
Market Capitalization	742	863	714	932	942	859	1,200	1,469	1,352	1,329	1,435
Book Value per Share	$21.67	$21.79	$21.88	$21.96	$20.98	$22.28	$22.13	$22.13	$22.29	$22.42	$22.94
Tangible Book Value per Share	($3.29)	($3.22)	($3.16)	($3.11)	($2.89)	($1.63)	($1.81)	($1.85)	($1.48)	($0.83)	$0.60
Total Capital	980	994	1,053	1,046	1,052	1,064	1,082	1,135	1,179	1,212	1,261
Total Debt	331	342	399	390	393	364	387	440	478	491	491
Total Long-Term Debt	292	303	361	351	354	325	347	400	438	450	450
Net Debt	320	322	380	383	369	355	372	435	465	481	460
Capital Expenditures (CapEx)	4.53	-4.72	8.60	6.43	2.12	7.41	6.57	7.65	5.76	11	7.49
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-206	-216	-171	-170	-200	-194	-205	-156	-132	-114	-112
Debt-free Net Working Capital (DFNWC)	-195	-196	-153	-164	-176	-185	-190	-151	-119	-104	-81
Net Working Capital (NWC)	-234	-235	-191	-202	-215	-225	-230	-191	-159	-144	-122
Net Nonoperating Expense (NNE)	3.27	3.47	3.61	3.02	3.70	3.49	3.73	3.59	4.24	4.12	3.37
Net Nonoperating Obligations (NNO)	320	322	380	383	369	355	372	435	465	481	460
Total Depreciation and Amortization (D&A)	17	17	18	18	18	18	18	19	19	19	20
Debt-free, Cash-free Net Working Capital to Revenue	-16.98%	-17.70%	-13.78%	-13.33%	-15.65%	-14.99%	-15.77%	-11.74%	-9.81%	-8.43%	-8.19%
Debt-free Net Working Capital to Revenue	-16.14%	-16.00%	-12.28%	-12.82%	-13.78%	-14.29%	-14.59%	-11.37%	-8.84%	-7.70%	-5.95%
Net Working Capital to Revenue	-19.34%	-19.20%	-15.33%	-15.81%	-16.82%	-17.34%	-17.66%	-14.39%	-11.83%	-10.70%	-8.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.15	$0.18	$0.19	$0.12	$0.38	$0.40	$0.28	$0.02	$0.41	$0.40	$0.37
Adjusted Weighted Average Basic Shares Outstanding	29.95M	29.93M	29.92M	30.90M	30.93M	31.43M	31.42M	32.14M	31.47M	32.20M	33.48M
Adjusted Diluted Earnings per Share	$0.15	$0.18	$0.19	$0.12	$0.38	$0.40	$0.28	$0.02	$0.41	$0.40	$0.37
Adjusted Weighted Average Diluted Shares Outstanding	31.27M	31.22M	31.22M	31.89M	32.19M	32.27M	31.95M	32.65M	31.99M	32.73M	33.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.95M	29.95M	29.92M	29.92M	29.90M	31.45M	31.42M	31.42M	31.40M	31.46M	32.20M
Normalized Net Operating Profit after Tax (NOPAT)	7.85	9.12	9.48	6.72	16	16	13	4.00	17	17	16
Normalized NOPAT Margin	2.57%	3.03%	3.23%	2.17%	4.99%	5.08%	3.84%	1.29%	5.15%	5.23%	4.54%
Pre Tax Income Margin	1.90%	2.71%	2.80%	1.84%	5.16%	5.46%	3.73%	0.20%	5.37%	5.42%	5.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.37	2.59	2.59	2.15	4.25	4.66	3.34	1.11	4.02	4.13	4.65
NOPAT to Interest Expense	1.85	1.78	1.84	1.36	3.15	3.41	2.41	0.68	2.90	3.02	2.80
EBIT Less CapEx to Interest Expense	1.30	3.51	0.92	0.85	3.83	3.12	2.08	-0.20	3.06	2.23	3.33
NOPAT Less CapEx to Interest Expense	0.78	2.69	0.17	0.06	2.73	1.87	1.15	-0.62	1.93	1.12	1.48
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	174.46%	128.14%	101.99%	94.50%	104.19%	101.58%	101.33%	93.23%	77.12%	71.76%	61.65%
Augmented Payout Ratio	174.46%	290.53%	101.99%	211.73%	232.68%	174.72%	101.33%	341.43%	282.22%	212.76%	91.15%

Frequently Asked Questions About Monro's Financials

When does Monro's fiscal year end?

According to the most recent income statement we have on file, Monro's financial year ends in March. Their financial year 2024 ended on March 30, 2024.

How has Monro's net income changed over the last 2 years?

Monro's net income appears to be on a downward trend, with a most recent value of $37.57 million in 2024, falling from $61.57 million in 2022. The previous period was $39.05 million in 2023. View Monro's forecast to see where analysts expect Monro to go next.

What is Monro's operating income?

Monro's total operating income in 2024 was $71.43 million, based on the following breakdown:

Total Gross Profit: $452.10 million
Total Operating Expenses: $380.68 million

How has Monro revenue changed over the last 2 years?

Over the last 2 years, Monro's total revenue changed from $1.36 billion in 2022 to $1.28 billion in 2024, a change of -6.1%.

How much debt does Monro have?

Monro's total liabilities were at $1.04 billion at the end of 2024, a 4.2% decrease from 2023, and a 4.8% decrease since 2022.

How much cash does Monro have?

In the past 2 years, Monro's cash and equivalents has ranged from $4.88 million in 2023 to $7.95 million in 2022, and is currently $6.56 million as of their latest financial filing in 2024.

How has Monro's book value per share changed over the last 2 years?

Over the last 2 years, Monro's book value per share changed from 23.34 in 2022 to 21.96 in 2024, a change of -5.9%.

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This page (NASDAQ:MNRO) was last updated on 5/21/2025 by MarketBeat.com Staff

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Monro (MNRO) Financials

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Monro (MNRO) Financials

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