MNRO (MNRO) financial statements
MNRO reported revenue of $1.2B in fiscal 2026, up 1.4% a year over 9 years.
Net income was $2M and the operating margin 1.7%, against 11.4% in 2017.
Free cash flow was $39M, and the company returned $35M in dividends.
The diluted share count fell 10% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MNRO's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $1.2B | $1.3B | $1.1B | $1.4B | $1.3B | $1.3B | $1.2B | $1.2B |
| Gross profit | $397M | $436M | $465M | $477M | $395M | $482M | $456M | $452M | $418M | $405M |
| Operating income | $116M | $127M | $127M | $102M | $72M | $101M | $80M | $71M | $13M | $20M |
| Pre-tax income | $97M | $103M | $100M | $74M | $44M | $77M | $57M | $52M | -$6M | $3M |
| Income tax | $36M | $40M | $21M | $16M | $10M | $16M | $18M | $14M | -$731,000 | $927,000 |
| Net income | $62M | $64M | $80M | $58M | $34M | $62M | $39M | $38M | -$5M | $2M |
| EPS (diluted) | $1.85 | $1.92 | $2.37 | $1.71 | $1.01 | $1.81 | $1.20 | $1.18 | -$0.22 | $0.03 |
| Diluted shares | 33M | 33M | 34M | 34M | 34M | 34M | 33M | 32M | 30M | 30M |
| Gross margin | 38.9% | 38.6% | 38.8% | 37.9% | 35.1% | 35.4% | 34.4% | 35.4% | 34.9% | 35.0% |
| Operating margin | 11.4% | 11.3% | 10.6% | 8.1% | 6.4% | 7.5% | 6.0% | 5.6% | 1.1% | 1.7% |
| Net margin | 6.0% | 5.7% | 6.6% | 4.6% | 3.0% | 4.5% | 2.9% | 2.9% | -0.4% | 0.2% |
Balance sheet
Fiscal years, from MNRO's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $2M | $6M | $345M | $30M | $8M | $5M | $7M | $21M | $15M |
| Inventory | $143M | $152M | $171M | $187M | $162M | $166M | $147M | $154M | $181M | $155M |
| Total current assets | $199M | $207M | $240M | $596M | $267M | $246M | $258M | $253M | $277M | $237M |
| Property, plant and equipment | $395M | $417M | $313M | $329M | $327M | $315M | $305M | $280M | $259M | $242M |
| Goodwill | $502M | $523M | $672M | $672M | $690M | $777M | $736M | $736M | $736M | $736M |
| Total assets | $1.2B | $1.2B | $1.3B | $2.0B | $1.8B | $1.9B | $1.8B | $1.7B | $1.6B | $1.6B |
| Total current liabilities | $186M | $194M | $218M | $255M | $291M | $322M | $449M | $455M | $524M | $518M |
| Long-term debt | $182M | $148M | $138M | $566M | $190M | $176M | $105M | $102M | $61M | $60M |
| Total liabilities | $604M | $590M | $613M | $1.3B | $1.1B | $1.1B | $1.1B | $1.0B | $1.0B | $977M |
| Shareholders' equity | $581M | $628M | $700M | $734M | $750M | $783M | $695M | $657M | $621M | $591M |
| Net debt | $173M | $146M | $132M | $221M | $160M | $169M | $100M | $95M | $40M | $45M |
Cash flow
Fiscal years, from MNRO's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $130M | $121M | $153M | $121M | $185M | $174M | $215M | $125M | $132M | $70M |
| Capital spending | $35M | $39M | $44M | $56M | $52M | $28M | $39M | $25M | $26M | $32M |
| Free cash flow | $95M | $82M | $108M | $65M | $133M | $146M | $176M | $100M | $106M | $39M |
| Stock-based compensation | $2M | $3M | $4M | $4M | $2M | $4M | $6M | $4M | $5M | $4M |
| Dividends paid | $23M | $24M | $27M | $30M | $30M | $35M | $36M | $36M | $35M | $35M |
| Share buybacks (net) | — | — | — | — | — | — | -$97M | -$44M | — | — |
| Net borrowing | — | — | — | — | — | — | — | $156M | $205M | $169M |
| Free cash flow margin | 9.3% | 7.3% | 9.0% | 5.2% | 11.8% | 10.7% | 13.3% | 7.8% | 8.8% | 3.4% |
| Dividends per share | $0.68 | $0.72 | $0.80 | $0.88 | $0.88 | $1.02 | $1.11 | $1.11 | $1.17 | $1.17 |
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Open MNRO in InvestinglyQuestions
What was MNRO's revenue in 2026?
$1.2B in fiscal 2026, from its 10-K filing.
How much free cash flow does MNRO generate?
$39M in fiscal 2026 (operating cash flow minus capital spending).
From MNRO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.