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MNRO

Monro, Inc.

MNRO

Monro, Inc. • NASDAQ
$18.71 ▼ -1.37% (-0.26)
Market Cap $560.67 M
52w High $28.48
52w Low $12.20
Dividend Yield 1.12%
P/E -27.12
Volume 273.39K
Outstanding Shares 29.97M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $288.914M ▼ $90.364M ▼ $5.665M ▲ 1.961% ▲ $0.18 ▲ $28.063M ▲
Q1-2026 $301.035M ▲ $112.981M ▲ $-8.05M ▲ -2.674% ▲ $-0.28 ▲ $9.516M ▲
Q4-2025 $294.992M ▼ $95.846M ▲ $-21.275M ▼ -7.212% ▼ $-0.72 ▼ $-6.692M ▼
Q3-2025 $305.769M ▲ $94.84M ▲ $4.583M ▼ 1.499% ▼ $0.14 ▼ $28.701M ▼
Q2-2025 $301.391M $93.175M $5.647M 1.874% $0.18 $29.518M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $10.468M ▲ $1.584B ▼ $982.321M ▼ $601.685M ▼
Q1-2026 $7.801M ▼ $1.605B ▼ $1B ▼ $604.891M ▼
Q4-2025 $20.762M ▲ $1.642B ▼ $1.021B ▲ $620.761M ▼
Q3-2025 $10.161M ▼ $1.67B ▼ $1.021B ▼ $648.923M ▼
Q2-2025 $20.859M $1.681B $1.029B $651.939M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $5.665M ▲ $32.335M ▲ $-45K ▲ $-29.623M ▼ $2.667M ▲ $26.607M ▲
Q1-2026 $-8.05M ▲ $-1.939M ▼ $-2.366M ▼ $-8.656M ▲ $-12.961M ▼ $-9.339M ▼
Q4-2025 $-21.275M ▼ $28.924M ▲ $-1.343M ▲ $-16.98M ▲ $10.601M ▲ $23.236M ▲
Q3-2025 $4.583M ▼ $14.791M ▼ $-4.526M ▼ $-20.963M ▲ $-10.698M ▼ $7.914M ▼
Q2-2025 $5.647M $62.559M $8.87M $-69.235M $2.194M $57.644M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Batteries
Batteries
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲
Brakes
Brakes
 $40.00M ▲$40.00M ▲$40.00M ▲$40.00M ▲
Exhaust
Exhaust
 $0 ▲$0 ▲$0 ▲$0 ▲
Franchise Royalties
Franchise Royalties
 $0 ▲$0 ▲$0 ▲$0 ▲
Maintenance
Maintenance
 $80.00M ▲$80.00M ▲$80.00M ▲$80.00M ▲
Steering
Steering
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲
Tires
Tires
 $150.00M ▲$130.00M ▼$140.00M ▲$140.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been slowly drifting down after a prior peak, suggesting the business is having a harder time growing sales in recent years. Profitability is thin: gross profit is decent, but by the time overhead and operating costs are covered, only a small slice is left as operating income. Net results have slipped from modest profits to a small loss most recently, which points to margin pressure and limited room for error on costs or pricing. Overall, the income statement shows a mature business under competitive and cost pressure, rather than a strong growth story.

Balance Sheet

Balance Sheet The balance sheet looks fairly steady in size, with total assets not moving dramatically over the last few years. Debt sits at a meaningful level but has been ticked down recently, which is a positive sign for risk management. Equity has been broadly stable, so the company has not been rapidly eroding its capital base, but it also has not been building it up strongly through retained earnings. Cash on hand is quite low, which increases reliance on steady cash generation and available credit. In short, the balance sheet is serviceable but not especially conservative or cash-rich.

Cash Flow

Cash Flow Despite thin accounting profits, the business has consistently generated positive cash flow from operations, which is an important strength. After fairly modest spending on new stores, equipment, and technology, free cash flow has remained positive each year, though it is not on a clear upward path and has eased off from its best levels. Capital spending is disciplined and relatively low for a brick-and-mortar chain, which helps support free cash flow. Overall, the cash flow profile is a key offset to weak earnings, but it does not suggest abundant surplus cash for aggressive expansion or large shareholder returns.

Competitive Edge

Competitive Edge Monro operates in a crowded, price-sensitive auto service and tire market with many national and local competitors, so its competitive edge is only moderate. Its main advantages are scale, a large footprint of locations, and a one-stop offering that covers both tires and undercar repairs. Acquisitions have helped it grow and build regional density, and a portfolio of local brands supports customer familiarity and trust. Free inspections, fleet services, and a focus on full-service auto care help differentiate it somewhat from pure tire discounters. That said, the industry’s fragmentation, ongoing price competition, and low switching costs for customers keep Monro’s moat relatively narrow and require constant operational execution to maintain share and margins.

Innovation and R&D

Innovation and R&D Monro is not a heavy R&D spender, but it is investing in practical, service-focused innovations. Its digital inspection tool, ConfiDrive, is designed to make repairs more transparent and build trust by showing customers exactly what technicians see. Training is another focus: the Monro University platform aims to keep technicians current and consistent across hundreds of stores. The company is also leaning into data and analytics through its partnership with Cognistx, using machine learning to personalize maintenance reminders and marketing. Digital scheduling and online tools round out the experience. Looking ahead, its ability to upskill staff and equip stores for electric and more complex vehicles will be a key test of how effective these innovation efforts really are.

Summary

Monro’s recent financial picture reflects a mature, competitive retail service business: revenue has softened, margins are tight, and net income has slipped into a small loss, even though cash generation remains solidly positive. The balance sheet carries noticeable debt but is being slowly de-levered, and free cash flow has been consistently positive thanks to restrained capital spending. Competitively, Monro leans on scale, acquisitions, and a broad service menu rather than unique technology, giving it only a modest but real edge in a fragmented industry. Its main innovation is in digital customer experience, technician training, and data-driven marketing, with an eye toward preparing for more advanced vehicle technologies. The key questions going forward are whether these initiatives can stabilize sales, rebuild margins, and keep the business relevant as the car parc evolves and competition remains intense.

NEWS

November 19, 2025 · 7:30 AM UTC

Monro, Inc. Declares Quarterly Cash Dividend

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November 12, 2025 · 7:30 AM UTC

Monro, Inc. to Participate at the Stephens Annual Investment Conference

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November 10, 2025 · 7:45 AM UTC

Monro, Inc. Announces Approval of Limited-Duration Shareholder Rights Plan

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October 29, 2025 · 7:30 AM UTC

Monro, Inc. Announces Second Quarter Fiscal 2026 Financial Results

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October 28, 2025 · 7:30 AM UTC

Monro, Inc. to Participate at the Gabelli Funds 49th Annual Automotive Symposium

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