Mister Car Wash Inc   (MCW)
Other Ticker:  
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail
Price: $8.2900 $0.06 0.729%
Day's High: $8.445 Week Perf: 5.2 %
Day's Low: $ 8.17 30 Day Perf: -0.36 %
Volume (M): 1,318 52 Wk High: $ 10.07
Volume (M$): $ 10,923 52 Wk Avg: $7.91
Open: $8.36 52 Wk Low: $4.80

 Market Capitalization (Millions $) 2,726
 Shares Outstanding (Millions) 329
 Employees 10,000
 Revenues (TTM) (Millions $) 911
 Net Income (TTM) (Millions $) 86
 Cash Flow (TTM) (Millions $) -13
 Capital Exp. (TTM) (Millions $) 278

Mister Car Wash Inc
Mister Car Wash Inc. is a well-known car wash franchise in the United States that began as a single location in 1969 in Houston, Texas. Today, it operates over 340 locations scattered across more than 20 states servicing nearly 8 million cars every year. With over 30,000 team members at Mister Car Wash, it has become one of the largest car wash chains in the country. The company's ability to build a significant presence throughout the U.S. is attributed to its focus on customer satisfaction through exceptional service and high-quality washes.

To better understand the company's operations, we can look at the various services they offer. Firstly, they provide express and full-service car wash packages with options like hand wax, tire shine, and interior cleaning, customized for various car types, including trucks, SUVs, and motorcycles. Customers can purchase one wash or a monthly unlimited wash membership for a fixed amount, allowing them to use any of the Mister Car Wash locations nationwide. Additionally, some locations provide oil changes, quick lube, emissions and inspection testing, and windshield chip repair services.

Mister Car Wash is known for being eco-friendly by reducing water usage and waste. They have invested in advanced wash equipment, which utilizes modern technology to save power and consume less water. The company recycles all wash water, soap, and other supplies, reducing the environmental impact of their operations.

The culture of Mister Car Wash is centered on customer satisfaction and employee development. They offer extensive training programs to their team members, ensuring that everybody is adequately informed and equipped for their respective job role. Likewise, team members enjoy a work environment that promotes growth, teamwork, and trust. The company values employees and carefully screens, hires and trains all levels of personnel to make sure they meet their high standards.

Mister Car Wash is also involved in community development by supporting various local organizations that are solving environmental issues or aiding people in need. The company's charity arm, Splash with a Purposee, organizes and operates annual fundraiser events to gather donations to their chosen charities.

In summary, Mister Car Wash Inc is a national car wash franchise committed to providing customers with top-notch service, employing eco-friendly technologies, and giving back to the community. With an extensive range of services, excellent customer care, and a reliable and experienced team, it's clear why the company has become a household name for car owners looking for expert car washing and care services.

   Company Address: 222 E. 5th Street Tucson 85705 AZ
   Company Phone Number: 615-4000   Stock Exchange / Ticker: NYSE MCW


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Management Changes

Mister Car Wash Bolsters Digital Strategy with Appointment of Atif Rafiq to Board of Directors

Published Fri, Feb 9 2024 11:55 AM UTC

Mister Car Wash, Inc. (NYSE: MCW), the leading car wash company in the nation, has announced the appointment of Atif Rafiq to its Board of Directors, effective February 8, 2024. Rafiq, renowned for his extensive experience in digital strategy, customer experience, and business innovation, will serve as a valuable member of the nomination and corporate governance co...

Mister Car Wash Inc

Revised Headline: Mister Car Wash Inc Sees a Growth in Revenue Despite a Slight Deterioration in EPS

Mister Car Wash Inc, the largest car wash brand in the United States, recently released its financial results for the quarter ended September 30, 2023. Despite a slight decline in earnings per share (EPS) compared to the same period last year, the company saw a significant rise in revenue. Mister Car Wash Inc also experienced positive growth in comparable store sales and successfully implemented enhancements to its car wash tunnels. Let's delve deeper into the financial details.
Financial Results:
In its Q3 report, Mister Car Wash Inc disclosed an EPS of $0.06, showing a decrease of $0.01 from the corresponding period a year ago. This decline indicates a decrease in profitability for the company. However, it is worth noting that the company's revenue rose by 7.584% during the same period, reaching $236.89 million. This increase in revenue can be seen as a positive sign for Mister Car Wash Inc.

Mister Car Wash Inc

Mister Car Wash Inc. Showcases Strong Revenue Growth Despite Deteriorating Earnings in Fiscal Quarter

Mister Car Wash Inc, a leading automotive aftermarket company, recently announced its financial results for the second quarter of the 2023 earnings season. The company reported contradictory numbers, with revenue experiencing significant growth and earnings per share declining.
In the second quarter, Mister Car Wash Inc saw a 5.212% increase in revenue, reaching $236.89 million compared to $225.16 million in the previous year. This growth in revenue is remarkable, especially considering that the average revenue for the automotive aftermarket industry has experienced a 4.49% reduction in top-line. Additionally, revenue surged by 4.839% from $225.96 million in the preceding period.

Mister Car Wash Inc

Decline in Earnings while revenue increased at in the most recent fiscal period

Mister Car Wash Inc, a well-known name in the Retail sector, has recently announced its financial results for the first quarter of 2023. Unfortunately, the results seem to be below average. The company achieved a return on average invested assets (ROI) of 5.83%, which is comparatively lower than their average ROI, which stands at 8.57%. Moreover, compared to the fourth quarter of 2022, ROI fell, despite net income growth of 19.04%. The company still has lots of work to do as 40 other Retail companies outperformed its ROI.
However, there is some positive news as the overall ranking for the ROI has progressed from 902 in the fourth quarter of 2022 to 747 in the Mar 31 2023 quarter. The revenue has advanced by 2.981%, but the income has contracted by -45.45% when compared with the same quarter of the previous year. With revenue standing at $225.96 million and earnings per share (EPS) at $0.06, this fiscal period shows a significant decline in the bottom-line of $21.136 million, down by -40.44% from the same period last year.
Mister Car Wash Inc made a transition to focus on improving sales in the most recent fiscal period, resulting in easing the net margin to 9.35%. Owing to the operating earnings falling by -12.23% to $45.582 million, the operating margin was squeezed down to 20.17% from 23.67% in the first quarter of 2022.


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