Mister Car Wash provides conveyorized car wash services. Co. operates two location formats: Express Exterior Locations, which provides express exterior cleaning services, and Interior Cleaning Locations, which provides both express exterior cleaning services and interior cleaning services. Co. operates several car washes in several states. Co. provides four express exterior wash packages. Additional options within the wash packages include waxes and protectants that are applied during the wash process in the tunnel. At select locations, Co. provides interior cleaning services in addition to express exterior washes. Interior cleaning services are added to an express exterior wash. The MCW average annual return since 2021 is shown above.
The Average Annual Return on the MCW average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether MCW average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MCW average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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