F

Monro, Inc. — Earnings Quality Grade F

MNRO · Consumer Cyclical

Major red flags

Revenue
$1.2B
2025
Net Income
-$5M
2025
Gross Margin
34.9%
Free Cash Flow
$106M
01

Screening Summary

10
Passed
3
Watch
2
Failed
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 4 days, change +0 days YoY

A2AR vs Revenue Growth

AR growth 0.1% vs revenue growth -6.4%

A3Revenue vs CFFO

Revenue -6.4%, CFFO 5.4%. Cash follows revenue

02

Expense Quality

!
B1Inventory vs COGS

Inventory growth 17.8% exceeds COGS -5.7%

B2CapEx vs Revenue

CapEx growth 3.5% vs revenue -6.4%. Normal

B3SG&A Ratio

Insufficient data

B4Gross Margin

Gross margin 34.9%, change -0.5pp. Stable

03

Cash Flow Quality

!
C1CFFO vs Net Income

CFFO/NI = -25.46. Below 1.0

C2Free Cash Flow

FCF $0.1B, FCF/NI = -20.37

C3Accruals Ratio

Accruals ratio = -8.4%. Low accruals

C4Cash vs Debt

Cash $0.0B covers only 4% of debt $0.5B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.7B = 120% of equity. Over 50%

!
D2Leverage

Debt/EBITDA = 6.5x (>4x). Financial stress

D3Soft Asset Growth

Other assets -33.9% vs revenue -6.4%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -0% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Portfolio monitoring

Monitor MNRO continuously

The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.

05

Altman Z-Score

0.92
Distress Zone
0 Distress1.102.605.0+ Safe
-0.1504
Liquidity
0.3746
Cumulative profit
0.0077
Operating efficiency
0.608
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25