Studio City (MSC) Revenue & Revenue Breakdown
Studio City Revenue Highlights
Latest Revenue (Y)
$445.54M
Latest Revenue (Q)
$150.16M
Main Segment (Y)
Occupancy
Studio City Revenue by Period
Studio City Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $445.54M | 3758.14% |
| 2022-12-31 | $11.55M | -89.19% |
| 2021-12-31 | $106.87M | 117.36% |
| 2020-12-31 | $49.17M | -92.16% |
| 2019-12-31 | $626.73M | 9.72% |
| 2018-12-31 | $571.21M | 5.82% |
| 2017-12-31 | $539.81M | 27.16% |
| 2016-12-31 | $424.53M | 512.30% |
| 2015-12-31 | $69.33M | 3823.83% |
| 2014-12-31 | $1.77M | - |
Studio City generated $445.54M in revenue during NA 2023, up 3758.14% compared to the previous quarter, and up 78.00% compared to the same period a year ago.
Studio City Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $150.16M | 6.31% |
| 2023-12-31 | $141.25M | 2.66% |
| 2023-09-30 | $137.59M | 19.40% |
| 2023-06-30 | $115.23M | 123.90% |
| 2023-03-31 | $51.47M | 1114.70% |
| 2022-12-31 | $4.24M | -248.41% |
| 2022-09-30 | $-2.85M | 51.22% |
| 2022-06-30 | $-1.89M | -115.74% |
| 2022-03-31 | $11.99M | -57.75% |
| 2021-12-31 | $28.38M | 51.58% |
| 2021-09-30 | $18.72M | -39.99% |
| 2021-06-30 | $31.20M | 9.23% |
| 2021-03-31 | $28.56M | 20.50% |
| 2020-12-31 | $23.70M | 2421.81% |
| 2020-09-30 | $940.00K | -107.51% |
| 2020-06-30 | $-12.51M | -133.74% |
| 2020-03-31 | $37.07M | -77.91% |
| 2019-12-31 | $167.82M | 6.16% |
| 2019-09-30 | $158.08M | 5.85% |
| 2019-06-30 | $149.35M | -1.16% |
| 2019-03-31 | $151.10M | 4.06% |
| 2018-12-31 | $145.21M | 1.26% |
| 2018-09-30 | $143.41M | 14.75% |
| 2018-06-30 | $124.97M | -20.35% |
| 2018-03-31 | $156.90M | 7.36% |
| 2017-12-31 | $146.14M | 3.43% |
| 2017-09-30 | $141.29M | 6.67% |
| 2017-06-30 | $132.46M | 9.12% |
| 2017-03-31 | $121.39M | - |
Studio City generated $150.16M in revenue during Q1 2024, up 6.31% compared to the previous quarter, and up 3543.95% compared to the same period a year ago.
Studio City Revenue Breakdown
Studio City Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Food and Beverage | $62.43M | $24.40M | $26.73M | $22.65M | $68.71M |
| Entertainment | $61.78M | $2.25M | $2.65M | $1.39M | $21.82M |
| Service Fee | $40.47M | $21.89M | $24.91M | $26.15M | $39.47M |
| Retail and Other | $2.86M | $2.08M | $1.60M | $2.69M | $2.41M |
| Occupancy | $111.73M | $17.91M | $38.75M | $22.00M | $85.97M |
| Mall | $10.74M | $7.19M | $13.68M | $17.01M | $14.84M |
| Gaming | - | - | $-1.46M | $-42.68M | $393.51M |
Studio City's latest annual revenue breakdown by segment (product or service), as of Dec 23: Occupancy (38.53%), Food and Beverage (21.53%), Entertainment (21.30%), Service Fee (13.96%), Mall (3.70%), and Retail and Other (0.99%).
Quarterly Revenue by Product
| Product/Service | Dec 21 | Sep 21 |
|---|---|---|
| Retail and Other | $650.00K | $1.21M |
| Occupancy | $8.18M | $30.77M |
| Mall | $4.00M | $9.68M |
| Gaming | $37.67M | $-5.52M |
| Food and Beverage | $13.75M | $20.42M |
| Entertainment | $635.00K | $2.43M |
| Service Fee | $5.41M | $19.49M |
Studio City's latest quarterly revenue breakdown by segment (product or service), as of Dec 21: Gaming (53.59%), Food and Beverage (19.56%), Occupancy (11.63%), Service Fee (7.70%), Mall (5.69%), Retail and Other (0.92%), and Entertainment (0.90%).
Studio City Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Dec 21 | Sep 21 |
|---|---|---|
| Service Fee | $5.41M | $19.49M |
| Retail and Other | $389.00K | $1.21M |
| Occupancy | $7.97M | $30.77M |
| Mall | $4.00M | $9.68M |
| Gaming | $4.07M | $-5.52M |
| Food and Beverage | $6.32M | $20.42M |
| Entertainment | $221.00K | $2.43M |
Studio City's latest quarterly revenue breakdown by geography, as of Dec 21: Occupancy (28.10%), Food and Beverage (22.26%), Service Fee (19.07%), Gaming (14.33%), Mall (14.09%), Retail and Other (1.37%), and Entertainment (0.78%).
Studio City Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CZR | Caesars Entertainment | $11.53B | $2.83B |
| VAC | Marriott Vacations Worldwide | $4.73B | $1.14B |
| HGV | Hilton Grand Vacations | $3.98B | $1.16B |
| MTN | Vail Resorts | $2.89B | $1.28B |
| BALY | Bally's | $2.45B | $621.66M |
| RRR | Red Rock Resorts | $1.72B | $486.40M |
| GDEN | Golden Entertainment | $1.05B | $167.33M |
| BVH | Bluegreen Vacations | $817.68M | $234.96M |
| CNTY | Century Casinos | $550.21M | $136.02M |
| MCRI | Monarch Casino & Resort | $501.48M | $128.14M |
| MSC | Studio City | $445.54M | $150.16M |
| FLL | Full House Resorts | $241.06M | $69.75M |
MSC Revenue FAQ
What is Studio City’s yearly revenue?
Studio City's yearly revenue for 2023 was $445.54M, representing an increase of 3758.14% compared to 2022. The company's yearly revenue for 2022 was $11.55M, representing a decrease of -89.19% compared to 2021. MSC's yearly revenue for 2021 was $106.87M, representing an increase of 117.36% compared to 2020.
What is Studio City’s quarterly revenue?
Studio City's quarterly revenue for Q1 2024 was $150.16M, a 6.31% increase from the previous quarter (Q4 2023), and a 191.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $141.25M, a 2.66% increase from the previous quarter (Q3 2023), and a 3233.75% increase year-over-year (Q4 2022). MSC's quarterly revenue for Q3 2023 was $137.59M, a 19.40% increase from the previous quarter (Q2 2023), and a 0% increase year-over-year (Q3 2022).
What is Studio City’s revenue growth rate?
Studio City's revenue growth rate for the last 3 years (2021-2023) was 316.90%, and for the last 5 years (2019-2023) was -28.91%.
What are Studio City’s revenue streams?
Studio City's revenue streams in c 23 are Food and Beverage, Entertainment, Service Fee, Retail and Other, Occupancy, and Mall. Food and Beverage generated $62.43M in revenue, accounting 21.53% of the company's total revenue, up 155.81% year-over-year. Entertainment generated $61.78M in revenue, accounting 21.30% of the company's total revenue, up 2641.99% year-over-year. Service Fee generated $40.47M in revenue, accounting 13.96% of the company's total revenue, up 84.90% year-over-year. Retail and Other generated $2.86M in revenue, accounting 0.99% of the company's total revenue, up 37.27% year-over-year. Occupancy generated $111.73M in revenue, accounting 38.53% of the company's total revenue, up 523.68% year-over-year. Mall generated $10.74M in revenue, accounting 3.70% of the company's total revenue, up 49.45% year-over-year.
What is Studio City’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Studio City was Occupancy. This segment made a revenue of $111.73M, representing 38.53% of the company's total revenue.