Monro Inc Financials
This page shows Monro Inc (MNRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margin masked sharp operating deleveraging, while cash generation stayed positive because reinvestment needs remained modest.
From FY2023 to FY2025, gross margin held near35.0% while operating margin fell to1.1% ; that points to pressure below the gross-profit line, where a smaller sales base is covering overhead less efficiently rather than a collapse in core unit economics. Even with a FY2025 loss, free cash flow stayed at$105.6M because capital spending was only$26.4M , so accounting profit and cash diverged without a matching drain from reinvestment.
The balance sheet is less debt-funded than liability-funded: long-term debt fell to
Nearly
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Monro Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Monro Inc has an operating margin of 1.7%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 27/100, suggesting thin profitability after operating expenses. This is up from 1.1% the prior year.
Monro Inc's revenue declined 3.2% year-over-year, from $1.2B to $1.2B. This contraction results in a growth score of 25/100.
Monro Inc carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Monro Inc's current ratio of 0.46 is below the typical benchmark, resulting in a score of 3/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Monro Inc has a free cash flow margin of 3.4%, earning a moderate score of 40/100. The company generates positive cash flow after capital investments, but with room for improvement.
Monro Inc generates a 0.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 14/100. This is up from -0.8% the prior year.
Monro Inc scores 1.38, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Monro Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Monro Inc generates $32.42 in operating cash flow ($70.4M OCF vs $2.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Monro Inc earns $1.2 in operating income for every $1 of interest expense ($20.0M vs $17.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Monro Inc generated $1.2B in revenue in fiscal year 2026. This represents a decrease of 3.2% from the prior year.
Monro Inc's EBITDA was $81.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.3% from the prior year.
Monro Inc reported $2.2M in net income in fiscal year 2026. This represents an increase of 141.9% from the prior year.
Monro Inc earned $0.03 per diluted share (EPS) in fiscal year 2026. This represents an increase of 113.6% from the prior year.
Cash & Balance Sheet
Monro Inc generated $38.8M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 63.3% from the prior year.
Monro Inc held $14.6M in cash against $60.0M in long-term debt as of fiscal year 2026.
Monro Inc paid $1.12 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.
Monro Inc had 30M shares outstanding in fiscal year 2026.
Margins & Returns
Monro Inc's gross margin was 35.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Monro Inc's operating margin was 1.7% in fiscal year 2026, reflecting core business profitability. This is up 0.7 percentage points from the prior year.
Monro Inc's net profit margin was 0.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.
Monro Inc's ROE was 0.4% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.
Capital Allocation
Monro Inc spent $44.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding.
Monro Inc invested $31.7M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 20.1% from the prior year.
MNRO Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $273.8M-6.7% | $293.4M+1.5% | $288.9M-4.0% | $301.0M+2.0% | $295.0M-3.5% | $305.8M+1.5% | $301.4M+2.8% | $293.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $92.9M-9.3% | $102.4M-0.7% | $103.1M-3.5% | $106.9M+9.9% | $97.3M-7.2% | $104.8M-1.5% | $106.4M-2.6% | $109.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$5.2M-128.1% | $18.6M+45.6% | $12.8M+309.9% | -$6.1M+74.5% | -$23.8M-339.3% | $10.0M-24.5% | $13.2M-0.3% | $13.2M |
| Interest Expense | -$4.1M-0.2% | -$4.0M+7.0% | -$4.3M+9.1% | -$4.8M-8.8% | -$4.4M-3.6% | -$4.2M+17.3% | -$5.1M+0.2% | -$5.1M |
| Income Tax | -$2.6M-176.6% | $3.4M+24.1% | $2.8M+204.6% | -$2.7M+61.2% | -$6.8M-652.8% | $1.2M-51.2% | $2.5M+8.4% | $2.3M |
| Net Income | -$6.6M-159.1% | $11.1M+96.6% | $5.7M+170.4% | -$8.1M+62.2% | -$21.3M-564.2% | $4.6M-18.8% | $5.6M-3.7% | $5.9M |
| EPS (Diluted) | N/A | $0.35+94.4% | $0.18+164.3% | $-0.28 | N/A | $0.15-16.7% | $0.18-5.3% | $0.19 |
MNRO Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.6B-0.1% | $1.6B-0.9% | $1.6B-1.3% | $1.6B-2.2% | $1.6B-1.7% | $1.7B-0.7% | $1.7B-1.8% | $1.7B |
| Current Assets | $236.6M+3.4% | $228.8M-5.8% | $242.8M-4.7% | $254.8M-8.1% | $277.4M+1.4% | $273.7M+2.6% | $266.8M-4.0% | $278.1M |
| Cash & Equivalents | $14.6M+197.9% | $4.9M-53.1% | $10.5M+34.2% | $7.8M-62.4% | $20.8M+104.3% | $10.2M-51.3% | $20.9M+11.8% | $18.7M |
| Inventory | $155.3M+1.3% | $153.3M-4.6% | $160.7M-6.5% | $171.9M-5.3% | $181.5M+2.8% | $176.5M+9.0% | $162.0M-0.2% | $162.3M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $736.4M0.0% | $736.4M0.0% | $736.4M0.0% | $736.4M0.0% | $736.4M0.0% | $736.4M0.0% | $736.4M0.0% | $736.4M |
| Total Liabilities | $976.5M+1.2% | $965.0M-1.8% | $982.3M-1.8% | $1.0B-2.0% | $1.0B0.0% | $1.0B-0.8% | $1.0B-2.7% | $1.1B |
| Current Liabilities | $517.8M+2.9% | $503.3M-1.5% | $511.2M+1.0% | $506.0M-3.5% | $524.3M+3.3% | $507.7M+1.2% | $501.6M+7.0% | $468.7M |
| Long-Term Debt | $60.0M+33.3% | $45.0M-25.0% | $60.0M-16.1% | $71.5M+16.8% | $61.3M+3.4% | $59.3M-4.4% | $62.0M-44.6% | $112.0M |
| Total Equity | $591.5M-2.2% | $604.9M+0.5% | $601.7M-0.5% | $604.9M-2.6% | $620.8M-4.3% | $648.9M-0.5% | $651.9M-0.4% | $654.4M |
| Retained Earnings | $581.7M-2.6% | $597.2M+0.4% | $595.0M-0.6% | $598.3M-2.7% | $615.1M-4.6% | $645.1M-0.7% | $649.3M-0.5% | $652.5M |
MNRO Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.2M+24.7% | $17.8M-44.9% | $32.3M+1767.6% | -$1.9M-106.7% | $28.9M+95.6% | $14.8M-76.4% | $62.6M+144.0% | $25.6M |
| Capital Expenditures | $9.8M+13.0% | $8.7M+51.9% | $5.7M-22.6% | $7.4M+30.1% | $5.7M-17.3% | $6.9M+39.9% | $4.9M-44.7% | $8.9M |
| Free Cash Flow | $12.4M+35.7% | $9.1M-65.7% | $26.6M+384.9% | -$9.3M-140.2% | $23.2M+193.6% | $7.9M-86.3% | $57.6M+244.0% | $16.8M |
| Investing Cash Flow | -$8.2M-187.0% | $9.4M+20940.0% | -$45K+98.1% | -$2.4M-76.2% | -$1.3M+70.3% | -$4.5M-151.0% | $8.9M+309.6% | -$4.2M |
| Financing Cash Flow | -$4.3M+86.8% | -$32.8M-10.6% | -$29.6M-242.2% | -$8.7M+49.0% | -$17.0M+19.0% | -$21.0M+69.7% | -$69.2M-644.3% | -$9.3M |
| Dividends Paid | $8.7M+0.5% | $8.7M-0.5% | $8.7M+0.2% | $8.7M-3.7% | $9.1M+4.1% | $8.7M-0.3% | $8.7M+0.1% | $8.7M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MNRO Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.9%-1.0pp | 34.9%-0.8pp | 35.7%+0.2pp | 35.5%+2.5pp | 33.0%-1.3pp | 34.3%-1.0pp | 35.3%-1.9pp | 37.2% |
| Operating Margin | -1.9%-8.2pp | 6.3%+1.9pp | 4.4%+6.4pp | -2.0%+6.1pp | -8.1%-11.3pp | 3.3%-1.1pp | 4.4%-0.1pp | 4.5% |
| Net Margin | -2.4%-6.2pp | 3.8%+1.8pp | 2.0%+4.6pp | -2.7%+4.5pp | -7.2%-8.7pp | 1.5%-0.4pp | 1.9%-0.1pp | 2.0% |
| Return on Equity | -1.1%-3.0pp | 1.8%+0.9pp | 0.9%+2.3pp | -1.3%+2.1pp | -3.4%-4.1pp | 0.7%-0.2pp | 0.9%-0.0pp | 0.9% |
| Return on Assets | -0.4%-1.1pp | 0.7%+0.4pp | 0.4%+0.9pp | -0.5%+0.8pp | -1.3%-1.6pp | 0.3%-0.1pp | 0.3%0.0pp | 0.3% |
| Current Ratio | 0.460.0 | 0.45-0.0 | 0.47-0.0 | 0.50-0.0 | 0.530.0 | 0.540.0 | 0.53-0.1 | 0.59 |
| Debt-to-Equity | 0.10+0.0 | 0.07-0.0 | 0.10-0.0 | 0.12+0.0 | 0.100.0 | 0.090.0 | 0.10-0.1 | 0.17 |
| FCF Margin | 4.5%+1.4pp | 3.1%-6.1pp | 9.2%+12.3pp | -3.1%-11.0pp | 7.9%+5.3pp | 2.6%-16.5pp | 19.1%+13.4pp | 5.7% |
Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Monro Inc's annual revenue?
Monro Inc (MNRO) reported $1.2B in total revenue for fiscal year 2026. This represents a -3.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Monro Inc's revenue growing?
Monro Inc (MNRO) revenue declined by 3.2% year-over-year, from $1.2B to $1.2B in fiscal year 2026.
Is Monro Inc profitable?
Yes, Monro Inc (MNRO) reported a net income of $2.2M in fiscal year 2026, with a net profit margin of 0.2%.
What is Monro Inc's EBITDA?
Monro Inc (MNRO) had EBITDA of $81.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Monro Inc have?
As of fiscal year 2026, Monro Inc (MNRO) had $14.6M in cash and equivalents against $60.0M in long-term debt.
What is Monro Inc's gross margin?
Monro Inc (MNRO) had a gross margin of 35.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Monro Inc's operating margin?
Monro Inc (MNRO) had an operating margin of 1.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Monro Inc's net profit margin?
Monro Inc (MNRO) had a net profit margin of 0.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Monro Inc pay dividends?
Yes, Monro Inc (MNRO) paid $1.12 per share in dividends during fiscal year 2026.
What is Monro Inc's return on equity (ROE)?
Monro Inc (MNRO) has a return on equity of 0.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Monro Inc's free cash flow?
Monro Inc (MNRO) generated $38.8M in free cash flow during fiscal year 2026. This represents a -63.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Monro Inc's operating cash flow?
Monro Inc (MNRO) generated $70.4M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Monro Inc's total assets?
Monro Inc (MNRO) had $1.6B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Monro Inc's capital expenditures?
Monro Inc (MNRO) invested $31.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Monro Inc's current ratio?
Monro Inc (MNRO) had a current ratio of 0.46 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Monro Inc's debt-to-equity ratio?
Monro Inc (MNRO) had a debt-to-equity ratio of 0.10 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Monro Inc's return on assets (ROA)?
Monro Inc (MNRO) had a return on assets of 0.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Monro Inc's Altman Z-Score?
Monro Inc (MNRO) has an Altman Z-Score of 1.38, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Monro Inc's Piotroski F-Score?
Monro Inc (MNRO) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Monro Inc's earnings high quality?
Monro Inc (MNRO) has an earnings quality ratio of 32.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Monro Inc cover its interest payments?
Monro Inc (MNRO) has an interest coverage ratio of 1.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Monro Inc?
Monro Inc (MNRO) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.