# Monro, Inc. (MNRO)

> Source: Nexqual · https://nexqual.com/MNRO · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Monro, Inc. (MNRO), nexqual.com/MNRO" · informational, not investment advice.

**Price:** USD 14.18 (-0.35% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 14.23 · day 14–14.47 · 52w 11.06–23.91 · market cap $443M · NMS

## Key facts
- Last four reported quarters (through Jun 27, 2026): revenue $1.14B, net income $8.1M (0.7% margin), free cash flow $10.2M (SEC filings).
- Valuation: P/E 54.9x (avg 124.2x at the last 2 fiscal year-ends), EV/EBITDA 5.9x, net debt $98.9M.
- 1 of 80 tracked superinvestors hold MNRO (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Total return with dividends: 1Y -16.7% vs S&P 500 +14.9%; 5Y -70.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.05, revenue estimate $284M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.33B | $1.28B | $1.20B | $1.16B | $1.14B |
| Gross profit | $482M | $456M | $452M | $418M | $405M | — |
| Operating income | $101M | $79.8M | $71.4M | $12.6M | $20.0M | $29.8M |
| Net income | $61.6M | $39.0M | $37.6M | -$5.2M | $2.2M | $8.1M |
| EPS (diluted) | $1.81 | $1.20 | $1.18 | -$0.22 | $0.03 | — |
| Free cash flow | $146M | $176M | $99.7M | $106M | $38.8M | $10.2M |
| Gross margin | 35.4% | 34.4% | 35.4% | 34.9% | 35.0% | — |
| Operating margin | 7.5% | 6.0% | 5.6% | 1.1% | 1.7% | 2.6% |
| Net margin | 4.5% | 2.9% | 2.9% | -0.4% | 0.2% | 0.7% |
| Revenue growth | +20.8% | -2.5% | -3.7% | -6.4% | -3.2% | — |
| Cash + short-term investments | $7.9M | $4.9M | $6.6M | $20.8M | $14.6M | — |
| Total debt | $177M | $105M | $102M | $61.3M | $60.0M | — |
Fiscal years end Mar. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 27, 2026)
P/E 54.9x · P/S 0.4x · EV/EBITDA 5.9x · EV/Sales 0.5x · P/FCF 43.5x · P/B 0.8x · FCF yield 2.30% · Earnings yield 1.82% · Dividend yield (paid, TTM) 7.89% · Net debt $98.9M · EV $542M
P/E at fiscal year-ends: Mar 2026 221.5x, Mar 2024 26.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold MNRO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Carl Icahn | Icahn Capital Management | 1.05% | $86.9M | Unchanged |

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-30 | Stephens & Co. | Target lowered | Overweight | $20 → $17 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -16.7% | -70.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -16.7% | -21.4% |
| Volatility (annualized) | 62.0% | 45.5% |
| Max drawdown | -51.2% (Feb 2026→Aug 2026) | -78.2% (Nov 2021→May 2025) |

## Peers (Auto Parts)
ATMU (Atmus Filtration Technologies I) USD 44.75 -0.73% · DORM (Dorman Products, Inc.) USD 127.49 +3.34% · GTX (Garrett Motion Inc.) USD 22 -8.07% · GNTX (Gentex Corporation) USD 21.74 +3.52% · LKQ (LKQ Corporation) USD 22.47 +5.10% · LEA (Lear Corporation) USD 118.61 +0.61%

## More
Full page: https://nexqual.com/MNRO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in MNRO's own 10-K filed 2026-05-27 (https://www.sec.gov/Archives/edgar/data/876427/000087642726000007/mnro-20260328x10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | American Tire Distributors | "We purchase many of the tires we sell to our guests through a distribution agreement under which ATD supplies and sells certain tires to our retail locations." |

## Revenue by product line (quarter ended 2026-06-27)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Tires | $133.1M | 46.4% | -3.8% |
| Maintenance | $77.4M | 26.9% | -6.7% |
| Brakes | $41.8M | 14.6% | -5.9% |
| Steering | $26.4M | 9.2% | -1.4% |
| Batteries | $4.3M | 1.5% | +2.2% |
| Exhaust | $3.7M | 1.3% | -4.6% |
| Franchise Royalties | $382,000 | 0.1% | -1.8% |
| Total revenue | $287.1M | 100% | — |

## Company outlook (8-K filed 2026-07-29)

- "Company Expectations Monro is not providing fiscal 2027 financial guidance at this time but will provide perspective on its expectations for fiscal 2027 during its earnings conference call."
- "Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts may contain statements of future expectations and other forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.05 | $0.16 | -69.2% | $284.1M | 5 |
| Next quarter (ends 2026-12-31) | $0.22 | $0.21 | +3.8% | $296.4M | 5 |
| Current fiscal year (ends 2027-03-31) | $0.12 | $0.33 | -65.3% | $1.15B | 5 |
| Next fiscal year (ends 2028-03-31) | $0.43 | $0.62 | -30.0% | $1.18B | 5 |