Studio City International Holdings Limited's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Studio City International Holdings Limited (MSC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Studio City International Holdings Limited vs Its Competitors
- TTM: Trailing 12-month revenue of 695M vs 100,616M combined for its competitors (0.7% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+15.8%) for its tracked peer group.
- Growth: Studio City International Holdings Limited generated 8.7% revenue growth year over year in Q4 2025, vs 7.6% for its competitors combined.
- Profitability: Its -8.5% net margin compares with 4.8% for the peer group.
- Scale: Studio City International Holdings Limited ranks #40 of 66 companies by market capitalization in the Hotels, Tourism & Amusement industry, holding 0.1% of industry market cap.
- Peer revenue share: Studio City International Holdings Limited accounted for 2.3% of combined revenue among its tracked peer group, up from 2.3% a year earlier.
- Peer differentiation: Revenue per employee of $0.13M compares with $0.14M for the peer group (0.9x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
MSC Sales vs. its Competitors, Q4 2025
Studio City International Holdings Limited reported revenue growth of 8.67 % year on year in Q4 2025, above its competitors' combined revenue growth of 7.62 %.
With a net margin of -8.46 %, Studio City International Holdings Limited reported lower profitability than its competitors (4.80 %).
Studio City International Holdings Limited generated 2.33 % of the combined sales of its peer group, up from 2.31 % a year earlier.
API endpoints for this dataset
Studio City International Holdings Limited vs. its Competitors, Q4 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Studio City International Holdings Limited reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Studio City International Holdings Limited and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Studio City International Holdings Limited | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (6) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Studio City International Holdings Limited's competitor groups requires a Commercial License.
For context: the Hotels, Tourism & Amusement industry grew revenue 7.2% year over year, combined, vs 8.7% for Studio City International Holdings Limited. Studio City International Holdings Limited's share of combined industry revenue moved from 0.73% to 0.74%, a gain of 0.01 percentage points.
Studio City International Holdings Limited's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Studio City International Holdings Limited | No | Yes | Yes | No |
| Competitors combined (13) | ||||
| High-Confidence Competitors (7) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 75.00 % (6 of 8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
MSC Stock Performance relative to its Competitors
MSC Stock Performance relative to High-Confidence Competitors
MSC Stock Performance relative to Similar-Size Competitors
MSC Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Caesars Entertainment inc | 282.9% | Outperformed |
| 2 | Marriott International Inc | 282.9% | Outperformed |
| 3 | Penn Entertainment Inc | 282.9% | Outperformed |
| 4 | Monarch Casino and Resort inc | 282.9% | Outperformed |
| 5 | Golden Entertainment Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Studio City International Holdings Limited's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Studio City International Holdings Limited's Comment on Competition and Industry Peers
Publicly Traded Peers of Studio City International Holdings Limited
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Studio City International Holdings Limited |
721.97 | 694.57 |
 Marriott International Inc |
109,530.30 | 27,420.00 |
 Las Vegas Sands Corp |
25,868.80 | 13,604.00 |
 Wynn Resorts Limited |
8,795.98 | 7,376.62 |
 Mgm Resorts International |
8,197.65 | 17,722.87 |
 Caesars Entertainment inc |
5,958.84 | 11,562.00 |
| SUBTOTAL | 175,375.75 | 101,310.94 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Studio City International Holdings Limited versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Studio City International Holdings Limited's Competitors Named by the Company
Competitive relationships identified from Studio City International Holdings Limited reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Galaxy Casino, S.A. | Company report | 85% |
| Norwegian Cruise Line Holdings ltd | Company report | 85% |
| Msc Income Fund Inc | Company report | 85% |
| Carnival Corporation | Company report | 85% |
| Zim Integrated Shipping Services Ltd | Company report | 85% |
| Ncl Corporation ltd | Company report | 85% |
| Altair Engineering Inc | Company report | 85% |
| Autodesk Inc | Company report | 85% |
| Melco Resorts and Entertainment Limited | Company report | 85% |
| Wynn Resorts Limited | Company report | 85% |
| Bally s Corporation | Company report | 85% |
| Boyd Gaming Corp | Company report | 85% |
| Mgm Resorts International | Company report | 85% |
| Las Vegas Sands Corp | Company report | 85% |
| Penn Entertainment Inc | Company report | 85% |
| Caesars Entertainment inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Studio City International Holdings Limited's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Studio City International Holdings Limited's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Marriott International Inc | U.S. and Canada 72.32 % |
| Wynn Resorts Limited | Las Vegas Operations 35.65 % |
| Mgm Resorts International | Las Vegas Strip Resorts 46.40 % |
| Caesars Entertainment inc | Regional 53.54 % |
| Boyd Gaming Corp | Midwest and South 54.57 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Studio City International Holdings Limited's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Studio City International Holdings Limited | 722 | 131,397 | -12,164 |
| Marriott International Inc | 109,530 | 66,232 | 6,408 |
| Las Vegas Sands Corp | 25,869 | 327,807 | 41,904 |
| Wynn Resorts Limited | 8,796 | 265,346 | 17,006 |
| Mgm Resorts International | 8,198 | 227,216 | 11,067 |
| Caesars Entertainment inc | 5,959 | 231,240 | -8,440 |
| PEERS TOTAL | 174,654 | 143,011 | 8,285 |
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Studio City International Holdings Limited's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Melco Resorts and Entertainment Limited | MO 85.78 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Studio City International Holdings Limited's Position in Industry Market Structure
Market-capitalization share and concentration across all 57 companies in Studio City International Holdings Limited's industry classification, broader than the peer set above. Market cap in millions of $.Studio City International Holdings Limited ranks #40 of 57 companies by market capitalization in its industry, holding 0.11 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,426, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Walt Disney Co | 206,737 | 30.07 % |
| 2 | Marriott International Inc | 110,914 | 16.13 % |
| 3 | Hilton Worldwide Holdings Inc | 85,470 | 12.43 % |
| 4 | H World Group Ltd | 40,707 | 5.92 % |
| 5 | Intercontinental Hotels Group Plc | 1,234 | 5.2% |
| 6 | Las Vegas Sands Corp | 1,234 | 5.2% |
| 7 | Hyatt Hotels Corporation | 1,234 | 5.2% |
| 8 | Host Hotels and Resorts Inc | 1,234 | 5.2% |
| 9 | Atour Lifestyle Holdings Limited | 1,234 | 5.2% |
| 10 | Life Time Group Holdings Inc | 1,234 | 5.2% |
| 40 | Studio City International Holdings Limited | 722 | 0.11 % |
Market cap and industry share for the rest of Studio City International Holdings Limited's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-10.
Studio City International Holdings Limited's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 35 | Melco Resorts and Entertainment Limited | 1,791 | -47.41 % |
| 36 | Pursuit Attractions And Hospitality Inc | 1,588 | 72.32 % |
| 37 | Genius Sports Limited | 1,526 | -41.45 % |
| 38 | Rush Street Interactive Inc | 1,377 | -31.09 % |
| 39 | Target Hospitality Corp | 1,234 | 12.3% |
| 40 | Studio City International Holdings Limited | 722 | -74.60 % |
| 41 | Bally s Corporation | 1,234 | 12.3% |
| 42 | Newpoint Financial Corp | 1,234 | 12.3% |
| 43 | Civeo Corp | 1,234 | 12.3% |
| 44 | Falcon s Beyond Global Inc | 1,234 | 12.3% |
| 45 | Butler National Corp | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Studio City International Holdings Limited's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-10. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Studio City International Holdings Limited's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Hotels, Tourism & Amusement industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (98 companies). See the full Hotels, Tourism & Amusement industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 94.46 % | 37.27 % (avg) | +57.2 pp |
| Operating Margin | 10.08 % | industry median | -3.7 pp |
| EBITDA Margin | 38.38 % | 9.18 % (avg) | +29.2 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 7.19 % (avg) | -7.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Studio City International Holdings Limited's Valuation vs Competitive Position
Valuation multiples vs the Hotels, Tourism & Amusement industry average (98 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Hotels, Tourism & Amusement industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 31.5x | - |
| EV / EBITDA | 18.2x | 13.8x | +4.4x |
| P/B | 5.6x | 4.5x | +1.1x |
| Return on Equity | -12.27 % | industry aggregate | -28.73 % |
| Return on Invested Capital | 2.26 % | 4.34 % (avg) | -2.08 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Studio City International Holdings Limited's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | 500.00 % | 43.45 % | 8.67 % |
| Operating Margin | -6.52 % | 5.97 % | 10.08 % |
| Return on Invested Capital | -0.79 % | 1.13 % | 2.26 % |
| P/E | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Studio City International Holdings Limited's Strategic Group Map
Studio City International Holdings Limited is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Studio City International Holdings Limited's trailing-12-month revenue growth of 8.7% and operating margin of 10.1% compares with an average of 5.3% growth and 8.9% margin across its 8 closest peers by combined growth, margin and ROIC -- Studio City International Holdings Limited sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Studio City International Holdings Limited's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Studio City International Holdings Limited falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 3.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Studio City International Holdings Limited's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,426 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 7.19 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Studio City International Holdings Limited's dedicated Suppliers and Customers pages, not here.
Studio City International Holdings Limited's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Studio City International Holdings Limited falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Studio City International Holdings Limited's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
Weaknesses
- Return on equity 28.7 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Studio City International Holdings Limited's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Studio City International Holdings Limited | 0.52 | 0.73 | 3.88 |
| Marriott International Inc | 0.05 | 0.49 | - |
| Las Vegas Sands Corp | 0.75 | 0.97 | 22.69 |
| Wynn Resorts Limited | 0.64 | 1.11 | - |
| Mgm Resorts International | 0.68 | 1.28 | 1.83 |
| Caesars Entertainment inc | 0.40 | 0.81 | 3.09 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Studio City International Holdings Limited's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Studio City International Holdings Limited | Q4 2025 | +8.7 % | - |
| Marriott International Inc | Q3 2026 | +8.0 % | +9.1 % |
| Las Vegas Sands Corp | Q3 2026 | -3.5 % | -38.1 % |
| Wynn Resorts Limited | Q3 2026 | -5.0 % | -86.5 % |
| Mgm Resorts International | Q3 2026 | -0.9 % | - |
| Caesars Entertainment inc | Q1 2026 | +2.7 % | - |
| PEERS TOTAL | +4.5 % | -14.9 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Studio City International Holdings Limited's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Studio City International Holdings Limited | Q4 2025 | +10.9 % | - |
| Marriott International Inc | Q3 2026 | +3,116.3 % | -9.2 % |
| Las Vegas Sands Corp | Q3 2026 | +29.3 % | +22.7 % |
| Wynn Resorts Limited | Q3 2026 | - | +22.9 % |
| Mgm Resorts International | Q3 2026 | +102.6 % | -19.7 % |
| Caesars Entertainment inc | Q1 2026 | +4.8 % | -24.7 % |
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Studio City International Holdings Limited's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Studio City International Holdings Limited | - | - | - |
| Marriott International Inc | 9.52% | 13.29% | - |
| Las Vegas Sands Corp | 8.44% | 7.37% | 169.87% |
| Wynn Resorts Limited | 3.62% | 4.71% | - |
| Mgm Resorts International | 2.13% | 1.39% | 25.96% |
| Caesars Entertainment inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Studio City International Holdings Limited's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Studio City International Holdings Limited | - | 1.04 |
| Marriott International Inc | 41.93 | 3.99 |
| Las Vegas Sands Corp | 17.20 | 1.90 |
| Wynn Resorts Limited | 26.22 | 1.19 |
| Mgm Resorts International | 12.51 | 0.46 |
| Caesars Entertainment inc | - | 0.52 |
| PEERS AVERAGE | 30.42 | 1.73 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.