Company: MCW
Filing Date: 2025-03-17
Form Type: CORRESP
Source: 0000950170-25-039812
Chunk: 0

Company: Mister Car Wash, Inc.
Filing Date: 2025-03-17
Form: CORRESP
Chunk 0
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March 14, 2025

VIA EDGAR

Angela Lumley and Suying Li

Division of Corporate Finance

Office of Trade & Services

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, D.C. 20549

Re: Mister Car Wash

Form 10-K for the Fiscal Year Ended December 31, 2023

Form 8-K dated October 30, 2024

File No. 001-40542

Dear Mses. Lumley and Li:

This letter responds to the comments of the Staff (the “Staff”) of the Division of Corporation Finance of the Securities and Exchange Commission (“Commission”) in regard to disclosures within the Form 10-K for the Fiscal Year Ended December 31, 2023 and Form 8-K dated October 30, 2024 filed by Mister Car Wash, Inc. (the “Company”, “we” or “our”).

The Company’s responses to the comments presented in the Comment Letter are set forth below the full text of the Staff’s respective comment.

Form 10-K for the Fiscal Year Ended December 31, 2023

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

Key Performance Indicators

Adjusted EBITA and Adjusted EBITA Margin, page 26

#### 1.
Comment: Your reconciliations for Adjusted EBITDA and Adjusted EBITDA Margin disclosed in this section, and reconciliations for Adjusted net income and Adjusted earnings per diluted share disclosed in your Item 2.02 Form 8-K dated October 30, 2024 include a non-GAAP adjustment for net-cash rent expense. Please tell us how you determined that removing the effects of non-cash rent expense in arriving at these non-GAAP financial measures does not substitute individually-tailored recognition and measurement methods for GAAP. Refer to Question 100.04 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations. This comment also applies to other filings in which these non-GAAP financial measures are presented.

<div align='center'>Mister Car Wash, Inc.222 E. 5thStreetTucson, AZ 85705

mistercarwash.com</div>

Company Response:In response to the Staff’s comment, we respectfully advise the Staff that we regularly assess our use of Non-GAAP financial measures. The Company respectfully advises the Staff that the Company (i