MGM Resorts International (MGM)
MGM Resorts International is a Delaware corporation incorporated in 1986 that acts largely as a holding company. Through subsidiaries it runs a gaming and entertainment business with domestic and international locations combining hotels and casinos, meeting and conference space, live and theatrical entertainment, restaurants, nightlife and retail, plus sports betting and online gaming. At the end of 2025 it operated 16 domestic casino properties and, through an approximate 56 percent controlling interest in MGM China Holdings, two casino properties in Macau. It had approximately 44,000 full-time and 18,000 part-time employees in the United States and 16,000 internationally at the end of 2025, with collective bargaining agreements covering approximately 37,000 of the United States employees. There are four reportable segments: Las Vegas Strip Resorts, Regional Operations, MGM China and MGM Digital.
Compare with another name What $10,000 in MGM Resorts International became Open in your desk ↗
Latest results
this quarterthe same quarter a year earlierHover a bar for its figure.
this yearthe year beforeHover a bar for its figure.
The years before, in words
MGM Resorts International (MGM) reported revenue of $17.5 billion for fiscal 2025, the year ended 31 December 2025, up 1.7% on the year before. Net income was $206 million and diluted earnings per share $0.76. Revenue was $17.2 billion in fiscal 2024, $16.2 billion in fiscal 2023, $13.1 billion in fiscal 2022 and $9.7 billion in fiscal 2021. Net income in the same years was $747 million, $1.1 billion, $1.5 billion and $1.3 billion. Over the twelve months to 30 September 2026, MGM Resorts International reported revenue of $17.7 billion and net income of $694 million. Revenue grew 27.7% a year, compounded, over the five years to fiscal 2025. MGM Resorts International had 252 million shares outstanding at the latest filed count. At 30 September 2026 it carried $5.7 billion of debt and $2.4 billion of cash. At the close of 6 November 2026 the market cap of MGM Resorts International was $8.1 billion, 12.3 times its earnings over the last twelve months.Ratios
From the filings
ROE27.7%
ROCE15.3%
Operating margin7.0%
Net margin3.9%
FCF margin7.9%
Interest cover3.0x
Debt to equity2.26x
Cash conversion3.33x
Share count, last 12 months-7.6%
Sales CAGR, 3 years10.1%
Profit CAGR, 3 years-48.1%
EPS, TTM$2.63
At the close of 6 November 2026
Price$32.33
Market cap$8.1 billion
Stock P/E12.3x
Price to book3.2x
EV / EBITDA4.8x
Dividend yieldn/a
Market cap / sales0.46x
52-week high$50.69
52-week low$27.27
Price, 1 year1.9%
Price CAGR, 3 years-5.5%
Price CAGR, 5 years-8.5%
29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →
Worked from the filed figures; hover a name for the formula.
Read more
The priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as MGM Resorts International files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.MGMgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read more
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.Quarterly results
| Q4 FY2021 * | Q1 FY2022 | Q2 FY2022 | Q3 FY2022 | Q4 FY2022 * | Q1 FY2023 | Q2 FY2023 | Q3 FY2023 | Q4 FY2023 * | Q1 FY2024 | Q2 FY2024 | Q3 FY2024 | Q4 FY2024 * | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 * | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,057 | 2,854 | 3,265 | 3,416 | 3,592 | 3,873 | 3,942 | 3,973 | 4,376 | 4,383 | 4,327 | 4,183 | 4,347 | 4,277 | 4,405 | 4,250 | 4,605 | 4,455 | 4,451 | 4,212 |
| SG&A | 747 | 777 | 1,029 | 1,212 | 1,209 | 1,136 | 1,144 | 1,192 | 1,228 | 1,195 | 1,211 | 1,177 | 1,243 | 1,165 | 1,214 | 1,240 | 1,259 | 1,283 | 1,263 | 1,229 |
| Operating income | 369 | 106 | 2,381 | -1,046 | -1.9 | 731 | 371 | 370 | 419 | 458 | 426 | 315 | 292 | 385 | 405 | -113 | 325 | 301 | 504 | 119 |
| Operating margin | 12% | 4% | 73% | -31% | -0% | 19% | 9% | 9% | 10% | 10% | 10% | 8% | 7% | 9% | 9% | -3% | 7% | 7% | 11% | 3% |
| Interest expense | 201 | 196 | 137 | 125 | 137 | 130 | 112 | 111 | 107 | 110 | 113 | 112 | 109 | 107 | 106 | 102 | 104 | 101 | 102 | 103 |
| Pre-tax income | 147 | -71.1 | 2,195 | -1,186 | -34.1 | 646 | 283 | 224 | 320 | 343 | 271 | 297 | 206 | 267 | 134 | -220 | 99.8 | 202 | 414 | 21.9 |
| Tax rate | 21% | n/a | 26% | n/a | n/a | 26% | 14% | 6% | -19% | 13% | -4% | 18% | -16% | 15% | 12% | n/a | -283% | 14% | 22% | -79% |
| Net income | 131 | -18.0 | 1,784 | -577 | 284 | 467 | 201 | 161 | 313 | 217 | 187 | 185 | 157 | 149 | 49.0 | -285 | 294 | 125 | 292 | -17.1 |
| Net margin | 4% | -1% | 55% | -17% | 8% | 12% | 5% | 4% | 7% | 5% | 4% | 4% | 4% | 3% | 1% | -7% | 6% | 3% | 7% | -0% |
| Diluted EPS | $0.19 | -$0.06 | $4.20 | -$1.45 | $0.69 | $1.24 | $0.55 | $0.46 | $0.92 | $0.67 | $0.60 | $0.61 | $0.52 | $0.51 | $0.18 | -$1.05 | $1.11 | $0.48 | $1.11 | -$0.07 |
| Operating cash flow | 487 | 420 | 512 | 401 | 423 | 704 | 577 | 694 | 716 | 549 | 474 | 667 | 672 | 547 | 646 | 681 | 655 | 568 | 559 | 532 |
| Capital expenditure | 169 | 102 | 135 | 220 | 308 | 140 | 253 | 210 | 329 | 172 | 238 | 336 | 404 | 228 | 268 | 276 | 296 | 155 | 241 | 222 |
| Free cash flow | 318 | 319 | 377 | 181 | 115 | 564 | 323 | 484 | 387 | 377 | 236 | 331 | 268 | 319 | 377 | 405 | 359 | 413 | 317 | 311 |
| Buybacks | 727 | 1,002 | 1,114 | 307 | 352 | 484 | 619 | 566 | 623 | 507 | 409 | 323 | 120 | 489 | 228 | 0.0 | 511 | 88.9 | 174 | 0.0 |
| Dividends paid | 1.2 | 1.1 | 1.0 | 1.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | 454m | 431m | 398m | 389m | 379m | 367m | 353m | 341m | 327m | 315m | 305m | 297m | 294m | 280m | 272m | 272m | 258m | 256m | 252m | 252m |
| Filing | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Each quarter as filed, linked to its filing.
Read more
* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.Income statement (profit and loss)
Play it forward: change any box and its column follows; every box opens at the company's own record, shown under the row's name, and says when you set it outside every year in the table.
Read more
Each column runs from the last twelve months as filed to the year chosen in its heading, at a yearly rate. Sales growth starts at the company's own five-year rate and eases a third of the way each year toward the median of the 53 peers in Restaurants, Hotels, Motels (13.6% a year), because a rate far from the rest rarely lasts. Before you open a year, the strip reads today's price backwards: the yearly sales growth that brings EPS, at the company's own margins, tax and share count, to today's price at the median P/E of the 40 peers in Restaurants, Hotels, Motels (26.5). Low, middle, high opens three columns for one year: the low and high cases take the company's own weaker and stronger years in the table (the lower and upper quarter of its yearly sales growth and operating margin) and the lower and higher of today's P/E and its peers'; the middle is the boxes as they open. Net income keeps the share that went to minority holders; EPS is net income over the diluted shares, on the same basis as the EPS in the table. The price is that year's EPS at the P/E you set, and the yearly return runs from today's price to the year's end. These are your assumptions and your arithmetic, not an estimate of ours. The link carries your columns, so you can send the forecast to someone.| FY2008 | FY2009 † | FY2010 † | FY2011 † | FY2012 † | FY2013 † | FY2014 † | FY2015 † | FY2016 † | FY2017 † | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,209 | 6,011 | 6,056 | 7,849 | 9,161 | 9,810 | 10,082 | 9,190 | 9,478 | 10,797 | 11,763 | 12,900 | 5,162 | 9,680 | 13,127 | 16,164 | 17,241 | 17,538 | 17,723 |
| Selling, general and administrative | 1,279 | 1,100 | 1,129 | 1,183 | n/a | n/a | 1,319 | 1,309 | 1,379 | 1,560 | 1,765 | 2,101 | 2,122 | 2,507 | 4,227 | 4,701 | 4,825 | 4,878 | 5,033 |
| Operating income | -130 | -964 | -1,159 | 4,057 | 121 | 1,137 | 1,324 | -153 | 2,080 | 1,715 | 1,469 | 3,940 | -642 | 2,279 | 1,439 | 1,891 | 1,490 | 1,002 | 1,249 |
| Operating margin | -1.8% | -16.0% | -19.1% | 51.7% | 1.3% | 11.6% | 13.1% | -1.7% | 21.9% | 15.9% | 12.5% | 30.5% | -12.4% | 23.5% | 11.0% | 11.7% | 8.6% | 5.7% | 7.0% |
| Interest expense | 609 | 775 | 1,114 | 1,087 | 1,116 | 857 | 817 | 798 | 695 | 669 | 770 | 848 | 676 | 800 | 595 | 460 | 443 | 419 | 409 |
| Pre-tax income | n/a | n/a | -2,216 | 2,832 | -1,734 | 62.2 | 411 | -1,043 | 1,259 | 961 | 634 | 2,847 | -1,511 | 1,462 | 904 | 1,473 | 1,117 | 281 | 737 |
| Income tax | 186 | -721 | -779 | -403 | -117 | 20.8 | 284 | -5.4 | 21.7 | -1,127 | 50.1 | 632 | -192 | 253 | 697 | 158 | 52.5 | -240 | -182 |
| Effective tax rate | n/a | n/a | n/a | -14.2% | n/a | 33.5% | 69.0% | n/a | 1.7% | -117.3% | 7.9% | 22.2% | n/a | 17.3% | 77.1% | 10.7% | 4.7% | -85.5% | -24.7% |
| Net income | -855 | -1,292 | -1,437 | 3,115 | -1,768 | -172 | -150 | -446 | 1,101 | 1,952 | 467 | 2,049 | -1,033 | 1,254 | 1,473 | 1,142 | 747 | 206 | 694 |
| Net margin | -11.9% | -21.5% | -23.7% | 39.7% | -19.3% | -1.8% | -1.5% | -4.8% | 11.6% | 18.1% | 4.0% | 15.9% | -20.0% | 13.0% | 11.2% | 7.1% | 4.3% | 1.2% | 3.9% |
| Diluted EPS | -$3.06 | -$3.41 | -$3.19 | $5.62 | -$3.62 | -$0.32 | -$0.31 | -$0.82 | $1.92 | $3.34 | $0.81 | $3.88 | -$2.02 | $2.41 | $3.49 | $3.19 | $2.40 | $0.76 | $2.63 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
From each year's 10-K, linked; TTM is the last four quarters.
Read more
Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.Revenue by segment FY2009 to FY2025
| FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Share of the parts, latest year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Las Vegas Strip Resorts | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 5,665 | 5,746 | 5,717 | 5,831 | 2,246 | 4,737 | 8,398 | 8,799 | 8,816 | 8,442 | 50.6% |
| MGM China | n/a | n/a | 1,535 | 2,808 | 3,317 | 3,282 | 2,215 | 1,812 | 1,858 | 2,450 | 2,905 | 657 | 1,211 | 674 | 3,154 | 4,022 | 4,462 | 26.8% |
| Regional Operations | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1,520 | 2,710 | 2,935 | 3,550 | 1,967 | 3,392 | 3,816 | 3,670 | 3,720 | 3,772 | 22.6% |
| Corporate and other | 135 | 422 | 421 | 420 | 440 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Domestic Resorts | n/a | n/a | n/a | n/a | n/a | 6,342 | 6,497 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Wholly owned domestic resorts | 5,875 | 5,634 | 5,893 | 5,933 | 6,053 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Not assigned to a part in the filing | n/a | n/a | n/a | n/a | n/a | 458 | 478 | 481 | 483 | 662 | 613 | 292 | 340 | 240 | 541 | 682 | 862 | n/a |
Las Vegas Strip Resorts FY2016 to FY2025MGM China FY2011 to FY2025Regional Operations FY2016 to FY2025Domestic Resorts FY2014 to FY2015Wholly owned domestic resorts FY2009 to FY2013Corporate and other FY2009 to FY2013
$ billion; hover a block for its figure and share; the figure over a bar is its parts, before the lines named below; a part named with years is one the company split its revenue into only then
From the company's 10-Ks, in its own words (latest 10-K).
Read more
Each year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in. Not assigned to a part in the filing is the company's own eliminations and corporate items, which take the parts to revenue: shown as filed, with no share and no block in the chart.Revenue by product or service FY2016 to FY2025
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Share of the parts, latest year | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Casino | 4,108 | 5,016 | 5,753 | 6,518 | 2,872 | 5,363 | 5,734 | 8,088 | 8,786 | 9,451 | 53.9% |
| Rooms | 2,003 | 2,153 | 2,213 | 2,323 | 830 | 1,690 | 3,057 | 3,501 | 3,682 | 3,377 | 19.3% |
| Food and beverage | 1,728 | 1,872 | 1,959 | 2,145 | 696 | 1,392 | 2,604 | 2,891 | 3,079 | 3,046 | 17.4% |
| Entertainment, retail and other | 1,242 | 1,354 | 1,413 | 1,477 | 519 | 1,010 | 1,732 | 1,684 | 1,695 | 1,663 | 9.5% |
| Reimbursed costs | 397 | 402 | 425 | 437 | 245 | 226 | n/a | n/a | n/a | n/a | n/a |
CasinoRoomsFood and beverageEntertainment, retail and otherReimbursed costs FY2016 to FY2021
$ billion; hover a block for its figure and share; a part named with years is one the company split its revenue into only then
From the company's 10-Ks, in its own words (latest 10-K).
Read more
Each year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.Revenue by region FY2022 to FY2025
| FY2022 | FY2023 | FY2024 | FY2025 | Share of the parts, latest year | |
|---|---|---|---|---|---|
| United States | 12,320 | 12,577 | 12,665 | 12,412 | 70.8% |
| China | 674 | 3,154 | 4,020 | 4,464 | 25.5% |
| Other | 133 | 434 | 555 | 662 | 3.8% |
United StatesChinaOther
$ billion; hover a block for its figure and share
From the company's 10-Ks, in its own words (latest 10-K).
Read more
Each year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.Cash flow
Follow the cash: free cash flow, which is operating cash flow less capital expenditure and share-based pay, for five years and after, in today's money.
Read more
The figure a share at the top is what a discounted cash flow calls intrinsic value, worked out on your assumptions. Everything after year five is one sum: the sixth year's cash, growing at the long-run rate every year after, added up and brought back to today's money. Each year runs from the last twelve months as filed. Sales growth opens where Play it forward does: the company's own five-year rate, easing a third of the way each year toward the median of the 53 peers in Restaurants, Hotels, Motels (13.6% a year); change a year and the years after it follow. Operating cash flow, capital expenditure and share-based pay open at the company's own median share of sales over its last five years, shown under each row. Share-based pay is taken off because operating cash flow adds back the shares paid to staff as if they cost nothing; set it to 0 to leave it in. Capital spending counts every capital line the company files in its cash flow, such as equipment it leases to customers, software, wells or property it develops, named under the row, while the Capital expenditure row in the table below stays the one line as filed; buying a business, securities or a finished property is not counted. The discount rate opens at 10%, about what US stocks have returned a year over the long run, so it is the return you give up by holding this company instead of the market; the growth after year five opens at 3%, a little under the US economy's long-run growth in dollars, because no company outgrows it for ever. Net debt is the debt and short-term borrowings less the cash on the latest balance sheet that shows the debt; the figure per share divides what is left by the diluted share count. These are your assumptions and your arithmetic, not an estimate of ours. The link carries them, so you can send them to someone.| FY2008 | FY2009 † | FY2010 † | FY2011 † | FY2012 † | FY2013 † | FY2014 † | FY2015 † | FY2016 † | FY2017 † | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 753 | 588 | 504 | 675 | 909 | 1,310 | 1,131 | 1,005 | 1,534 | 2,206 | 1,723 | 1,810 | -1,493 | 1,373 | 1,756 | 2,691 | 2,362 | 2,529 | 2,314 |
| Capital expenditure | 782 | 137 | 207 | 301 | 423 | 562 | 872 | 1,467 | 2,262 | 1,864 | 1,487 | 739 | 271 | 491 | 765 | 932 | 1,151 | 1,069 | 914 |
| Free cash flow | -28.7 | 451 | 297 | 374 | 487 | 748 | 259 | -462 | -729 | 342 | 236 | 1,071 | -1,764 | 883 | 991 | 1,759 | 1,212 | 1,460 | 1,400 |
| Free cash flow margin | -0.4% | 7.5% | 4.9% | 4.8% | 5.3% | 7.6% | 2.6% | -5.0% | -7.7% | 3.2% | 2.0% | 8.3% | -34.2% | 9.1% | 7.6% | 10.9% | 7.0% | 8.3% | 7.9% |
| Cash from investing | -1,981 | -330 | -586 | n/a | n/a | n/a | n/a | -795 | -2,276 | -1,581 | -2,083 | 3,519 | 2,159 | 1,544 | 2,118 | -714 | -1,283 | -1,141 | -521 |
| Cash from financing | 1,122 | 1,489 | -1,475 | n/a | n/a | n/a | n/a | -258 | 519 | -569 | 389 | -4,530 | 2,103 | -2,814 | -3,024 | -5,005 | -1,564 | -1,731 | -1,528 |
| Depreciation and amortisation | 778 | 689 | 633 | 817 | 928 | 849 | 816 | 820 | 850 | 993 | 1,178 | 1,305 | 1,211 | 1,151 | 3,482 | 814 | 831 | 1,018 | 1,101 |
| Share-based compensation | 36.3 | 36.6 | 35.0 | 39.7 | 39.6 | 32.3 | 37.3 | 42.9 | 55.5 | 62.5 | 70.2 | 88.8 | 107 | 65.2 | 71.3 | 73.6 | 80.2 | 90.5 | 96.9 |
| Buybacks | 1,241 | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 | 0.0 | 328 | 1,283 | 1,032 | 354 | 1,754 | 2,775 | 2,292 | 1,358 | 1,228 | 774 |
| Dividends paid | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 | 0.0 | 252 | 261 | 271 | 77.6 | 4.8 | 4.0 | 0.0 | 0.0 | n/a | n/a |
| Dividend per share | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $0.00 | $0.00 | $0.44 | $0.48 | $0.52 | $0.16 | $0.01 | $0.01 | n/a | n/a | n/a | n/a |
| Diluted shares, weighted | n/a | 379m | 450m | 561m | 489m | 490m | 491m | 543m | 573m | 579m | 550m | 528m | 494m | 487m | 413m | 359m | 310m | 277m | 252m |
| Shares outstanding at period end | n/a | 441m | 489m | 489m | 489m | 490m | 491m | 565m | 574m | 566m | 527m | 503m | 494m | 454m | 379m | 327m | 294m | 258m | 252m |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Cash paid in the year, from the cash flow statement.
Read more
The dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.Balance sheet
| FY2008 | FY2009 † | FY2010 † | FY2011 † | FY2012 † | FY2013 † | FY2014 † | FY2015 † | FY2016 † | FY2017 † | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funded by | |||||||||||||||||||
| Shareholders' equity | 3,974 | 3,870 | 2,932 | 6,087 | 4,366 | 4,216 | 4,091 | 5,120 | 6,193 | 7,577 | 6,512 | 7,727 | 6,505 | 6,071 | 4,832 | 3,811 | 3,023 | 2,430 | 2,504 |
| Non-controlling interest | n/a | n/a | n/a | 3,796 | 3,750 | 3,644 | 3,537 | 2,644 | 3,749 | 4,034 | 3,958 | 4,936 | 4,675 | 4,906 | 379 | 523 | 662 | 825 | 864 |
| Redeemable equity | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 6.2 | 54.1 | 79.8 | 102 | 105 | 66.5 | 148 | 158 | 33.4 | 34.8 | 21.8 | 8.5 |
| Debt | n/a | 14,056 | 12,048 | 13,470 | 13,589 | 13,447 | 14,051 | 12,697 | 12,988 | 12,909 | 15,391 | 11,532 | 12,849 | 13,091 | 8,719 | 6,344 | 6,362 | 6,230 | 5,669 |
| Operating lease liabilities | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 | 4,278 | 8,390 | 11,802 | 25,149 | 25,127 | 25,076 | 24,963 | 23,750 |
| Finance lease liabilities | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 67.2 | 134 | 75.6 | 88.2 | 85.4 | 243 | 178 | 123 |
| Other liabilities | n/a | 4,592 | 3,981 | 4,414 | 4,579 | 4,802 | 4,915 | 4,748 | 5,190 | 4,559 | 4,248 | 5,231 | 3,875 | 4,806 | 6,367 | 6,444 | 6,830 | 6,727 | 6,556 |
| Total liabilities and equity | n/a | 22,518 | 18,961 | 27,766 | 26,285 | 26,110 | 26,594 | 25,215 | 28,173 | 29,159 | 30,211 | 33,876 | 36,495 | 40,899 | 45,692 | 42,369 | 42,232 | 41,374 | 39,474 |
| Owned | |||||||||||||||||||
| Fixed assets | n/a | 15,070 | 14,554 | 14,867 | 14,195 | 14,055 | 14,442 | 15,372 | 18,425 | 19,635 | 20,730 | 18,286 | 14,632 | 14,435 | 5,224 | 5,450 | 6,196 | n/a | n/a |
| Goodwill | n/a | 86.4 | 77.2 | 2,897 | 2,903 | 2,897 | 2,897 | 1,431 | 1,817 | 1,807 | 1,821 | 2,085 | 2,091 | 3,481 | 5,029 | 5,166 | 5,145 | 4,902 | 4,766 |
| Intangible assets | n/a | 344 | 343 | 5,048 | 4,738 | 4,512 | 4,365 | 4,165 | 4,088 | 3,878 | 3,944 | 3,827 | 3,644 | 3,616 | 1,551 | 1,725 | 1,715 | 1,357 | 1,230 |
| Cash and equivalents | 296 | 2,056 | 499 | 1,866 | 1,544 | 1,804 | 1,714 | 1,670 | 1,447 | 1,500 | 1,527 | 2,330 | 5,102 | 4,703 | 5,912 | 2,928 | 2,416 | 2,063 | 2,396 |
| Receivables | n/a | 368 | 322 | 492 | 444 | 488 | 473 | 481 | 545 | 542 | 657 | 613 | 317 | 584 | 852 | 929 | 1,071 | 1,123 | 1,072 |
| Inventory | n/a | 102 | 96.4 | 113 | 108 | 108 | 104 | 104 | 97.7 | 102 | 111 | 103 | 88.3 | 96.4 | 126 | 142 | 141 | 125 | 124 |
| Other assets | n/a | 4,491 | 3,069 | 2,485 | 2,355 | 2,246 | 2,599 | 1,993 | 1,754 | 1,695 | 1,420 | 6,634 | 10,621 | 13,983 | 26,998 | 26,030 | 25,548 | 31,805 | 29,887 |
| Total assets | n/a | 22,518 | 18,961 | 27,766 | 26,285 | 26,110 | 26,594 | 25,215 | 28,173 | 29,159 | 30,211 | 33,876 | 36,495 | 40,899 | 45,692 | 42,369 | 42,232 | 41,374 | 39,474 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | |
At the fiscal year end; the TTM column is the latest quarter end.
Read more
Both totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.Compounded growth
| 10 years | 5 years | 3 years | TTM | |
|---|---|---|---|---|
| Sales growth, compounded | 6.7% | 27.7% | 10.1% | 2.6% |
| Profit growth, compounded | n/a | n/a | -48.1% | 896.1% |
| Return on equity, average | 17.6% | 22.9% | 21.0% | 8.5% |
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read more
Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.Questions
What was MGM Resorts International's revenue in fiscal 2025?
MGM Resorts International (MGM) reported revenue of $17.5 billion for fiscal 2025, the year ended 31 December 2025, up 1.7% on the year before.
How much did MGM Resorts International earn in fiscal 2025?
Net income was $206 million for fiscal 2025, and diluted earnings per share $0.76.
What is MGM Resorts International's P/E ratio?
At the close of 6 November 2026, MGM Resorts International traded at 12.3 times its earnings over the twelve months to 30 September 2026.
What is MGM Resorts International's market cap?
The market cap of MGM Resorts International was $8.1 billion at the close of 6 November 2026.
How much debt does MGM Resorts International have?
At 30 September 2026 MGM Resorts International carried $5.7 billion of debt and $2.4 billion of cash.
Peers: Restaurants, Hotels, Motels
| Company | Market cap | P/E | ROE | Op. margin | Sales growth TTM | Debt to equity | Div. yield |
|---|---|---|---|---|---|---|---|
| Marriott International Inc. MAR | $107.2 billion | 41.56 | n/a | 15.8% | 5.8% | n/a | 0.7% |
| Hilton Worldwide Holdings Inc. HLT | $82.6 billion | 50.06 | n/a | 24.0% | 8.1% | n/a | 0.2% |
| InterContinental Hotels Group PLC IHG * | $27.1 billion | 36.72 | n/a | 23.1% | 5.4% | n/a | 1.0% |
| Las Vegas Sands Corp. LVS | $25.6 billion | 16.70 | n/a | 20.9% | 10.9% | n/a | 2.8% |
| Hyatt Hotels Corp. H | $17.2 billion | 95.47 | 5.8% | n/a | 2.8% | 1.39 | 0.3% |
| Wynn Resorts Ltd. WYNN | $8.5 billion | 24.80 | n/a | 14.2% | 2.2% | n/a | 1.2% |
| MGM Resorts International MGM | $8.1 billion | 12.29 | 27.7% | 7.0% | 2.6% | 2.26 | n/a |
| Caesars Entertainment, Inc. CZR | $6.0 billion | n/a | -16.3% | 15.4% | 3.1% | 3.56 | n/a |
| Wyndham Hotels & Resorts, Inc. WH | $5.6 billion | 28.77 | 42.5% | 29.2% | 0.8% | 5.74 | 2.2% |
| Boyd Gaming Corp. BYD | $5.5 billion | 11.57 | 20.5% | 17.8% | 0.3% | 1.09 | 1.0% |
| Choice Hotels International Inc. CHH | $5.3 billion | 26.41 | 156.5% | 22.8% | 2.1% | 16.52 | 1.0% |
| Red Rock Resorts, Inc. RRR | $5.1 billion | 24.35 | 70.9% | 22.3% | 1.1% | 22.61 | 2.2% |
All 56 in Restaurants, Hotels, Motels
| Company | Market cap | P/E | ROE | Op. margin | Sales growth TTM | Debt to equity | Div. yield |
|---|---|---|---|---|---|---|---|
| McDonald's Corp. MCD | $195.1 billion | 21.87 | n/a | 46.9% | 5.8% | n/a | 2.7% |
| Starbucks Corp. SBUX | $120.1 billion | 60.57 | n/a | 7.8% | 4.5% | n/a | 2.4% |
| Marriott International Inc. MAR | $107.2 billion | 41.56 | n/a | 15.8% | 5.8% | n/a | 0.7% |
| Hilton Worldwide Holdings Inc. HLT | $82.6 billion | 50.06 | n/a | 24.0% | 8.1% | n/a | 0.2% |
| Chipotle Mexican Grill Inc. CMG | $43.5 billion | 32.17 | 56.1% | 14.1% | 7.9% | 0.00 | n/a |
| Yum! Brands, Inc. YUM | $43.2 billion | 12.94 | n/a | 49.5% | 9.1% | n/a | 1.8% |
| InterContinental Hotels Group PLC IHG * | $27.1 billion | 36.72 | n/a | 23.1% | 5.4% | n/a | 1.0% |
| Restaurant Brands International Inc. QSR | $27.1 billion | 18.11 | 38.1% | 27.0% | 5.5% | 3.36 | 3.3% |
| Darden Restaurants Inc. DRI | $25.6 billion | 22.12 | 57.2% | 11.7% | 8.1% | 1.26 | 2.7% |
| Las Vegas Sands Corp. LVS | $25.6 billion | 16.70 | n/a | 20.9% | 10.9% | n/a | 2.8% |
| Hyatt Hotels Corp. H | $17.2 billion | 95.47 | 5.8% | n/a | 2.8% | 1.39 | 0.3% |
| Yum China Holdings, Inc. YUMC | $16.9 billion | 17.35 | 18.7% | 11.3% | 9.9% | 0.29 | 2.2% |
| Aramark ARMK | $13.8 billion | 36.73 | 11.3% | 4.4% | 11.0% | 1.81 | 0.9% |
| Texas Roadhouse, Inc. TXRH | $12.1 billion | 28.91 | 26.4% | 7.7% | 9.2% | 0.03 | 1.6% |
| Brinker International, Inc. EAT | $8.7 billion | 18.18 | 125.2% | 11.0% | 6.1% | 1.13 | n/a |
| Wynn Resorts Ltd. WYNN | $8.5 billion | 24.80 | n/a | 14.2% | 2.2% | n/a | 1.2% |
| MGM Resorts International MGM | $8.1 billion | 12.29 | 27.7% | 7.0% | 2.6% | 2.26 | n/a |
| Cava Group, Inc. CAVA | $6.9 billion | 109.44 | 7.5% | 4.9% | 27.0% | 0.00 | n/a |
| Caesars Entertainment, Inc. CZR | $6.0 billion | n/a | -16.3% | 15.4% | 3.1% | 3.56 | n/a |
| Dutch Bros Inc. BROS | $5.9 billion | 43.27 | 12.3% | 9.5% | 30.7% | 0.24 | n/a |
| Wyndham Hotels & Resorts, Inc. WH | $5.6 billion | 28.77 | 42.5% | 29.2% | 0.8% | 5.74 | 2.2% |
| Boyd Gaming Corp. BYD | $5.5 billion | 11.57 | 20.5% | 17.8% | 0.3% | 1.09 | 1.0% |
| Cheesecake Factory Inc. CAKE | $5.3 billion | 25.29 | 36.2% | 6.0% | 7.9% | 0.98 | 1.1% |
| Choice Hotels International Inc. CHH | $5.3 billion | 26.41 | 156.5% | 22.8% | 2.1% | 16.52 | 1.0% |
| Red Rock Resorts, Inc. RRR | $5.1 billion | 24.35 | 70.9% | 22.3% | 1.1% | 22.61 | 2.2% |
| Travel & Leisure Co. TNL | $4.5 billion | 20.24 | n/a | 13.0% | 4.6% | n/a | 3.1% |
| Wingstop Inc. WING | $4.4 billion | 38.30 | n/a | 27.7% | 6.9% | n/a | 0.8% |
| Hilton Grand Vacations Inc. HGV | $3.3 billion | 8.47 | 31.9% | 15.0% | 18.8% | 5.95 | n/a |
| Park Hotels & Resorts Inc. PK | $3.2 billion | n/a | -5.5% | 1.2% | -0.2% | 1.31 | 6.4% |
| Shake Shack Inc. SHAK | $3.1 billion | 69.81 | 7.7% | 3.6% | 17.1% | 0.44 | n/a |
| Penn Entertainment, Inc. PENN | $2.3 billion | n/a | -0.5% | 4.6% | 6.7% | 1.47 | n/a |
| Sunstone Hotel Investors, Inc. SHO | $2.2 billion | 27.82 | 4.7% | 9.7% | 7.4% | 0.53 | 2.9% |
| Xenia Hotels & Resorts, Inc. XHR | $2.0 billion | 534.75 | 0.3% | 7.6% | 4.2% | 1.24 | 2.6% |
| Monarch Casino & Resort Inc. MCRI | $1.9 billion | 17.24 | 20.2% | 25.5% | 4.8% | 0.00 | 1.1% |
| Wendy's Co. WEN | $1.6 billion | 15.99 | 77.9% | 12.0% | -0.3% | 22.04 | 6.0% |
| Cracker Barrel Old Country Store, Inc. CBRL | $1.4 billion | 46.27 | 6.6% | -0.4% | -4.7% | 0.71 | 1.5% |
| BJs Restaurants Inc. BJRI | $1.2 billion | 26.63 | 11.2% | 3.1% | 5.3% | 0.04 | n/a |
| Jack IN THE Box Inc. JACK | $1.2 billion | 8.14 | n/a | 13.4% | -20.2% | n/a | 6.3% |
| Sweetgreen, Inc. SG | $1.2 billion | 79.93 | 4.3% | -20.7% | 0.0% | 0.00 | n/a |
| Target Hospitality Corp. TH | $1.1 billion | n/a | -10.2% | -11.1% | 11.9% | 0.11 | n/a |
| Bloomin' Brands, Inc. BLMN | $833 million | 11.85 | 16.5% | 2.6% | 1.1% | 1.78 | 4.6% |
| First Watch Restaurant Group, Inc. FWRG | $794 million | 40.20 | 3.0% | 2.2% | 15.6% | 0.45 | n/a |
| Cannae Holdings, Inc. CNNE | $766 million | n/a | -16.3% | -28.4% | -11.4% | 0.07 | 3.4% |
| Papa John's International, Inc. PZZA | $649 million | 26.32 | n/a | 4.3% | -8.3% | n/a | 9.3% |
| Bally's Corp. BALY | $604 million | n/a | -118.5% | -7.3% | 20.4% | 6.99 | n/a |
| Black Rock Coffee Bar, Inc. BRCB | $536 million | 152.86 | 1.3% | 1.0% | n/a | 0.58 | n/a |
| El Pollo Loco Holdings, Inc. LOCO | $450 million | 12.92 | 10.6% | 10.2% | 5.1% | 0.07 | n/a |
| Dine Brands Global, Inc. DIN | $445 million | n/a | n/a | n/a | n/a | n/a | 2.1% |
| Portillo's Inc. PTLO | $409 million | 30.09 | 3.5% | 5.3% | 4.2% | 0.67 | n/a |
| Civeo Corp. CVEO | $354 million | n/a | -5.3% | 3.0% | 12.6% | 1.48 | n/a |
| Kura Sushi Usa, Inc. KRUS | $332 million | n/a | -2.0% | -2.0% | 16.1% | 0.00 | n/a |
| Dave & Buster's Entertainment, Inc. PLAY | $272 million | n/a | -100.8% | 1.7% | -1.5% | 17.45 | n/a |
| RCI Hospitality Holdings, Inc. RICK | $221 million | n/a | -1.8% | 9.6% | 1.0% | 1.03 | 1.0% |
| RED Robin Gourmet Burgers Inc. RRGB | $162 million | n/a | n/a | -0.4% | -3.7% | n/a | n/a |
| Noodles & Co. NDLS | $84 million | n/a | n/a | -2.6% | 0.2% | n/a | n/a |
| BT Brands, Inc. BTBD | $10 million | n/a | -9.3% | -0.9% | -11.4% | 0.31 | n/a |
18 companies share its SEC industry code (Hotels & Motels); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read more
By market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.The public record on MGM
| Dividends | $0.01 a share in FY2022 |
| Filings | 18 in twelve months: 10 current reports (8-K), about 5 results of operations; 3 material agreement; 1 regulation FD disclosure; 1 new financial obligation; 1 shareholder vote |
| Planned insider sales | 2 Form 144 notices in twelve months, $1.6 million; latest 22 May 2026 |
| Options tape | put/call 0.5 by open interest at the 6 November 2026 close; the straddle prices a 6.8% move to 20 November 2026 |
| 13F holders | 664 funds reported a position for the quarter to 30 June 2026; largest Davis Selected Advisers |
| Insider trading | 2 sales and 6 purchases on Form 4 in twelve months |
| Congress | 0 House trades disclosed in six months |
| Short interest | 22.9 million shares short, 4.83 days to cover at 15 October 2026 |
| Documents | the 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked |
Filings
| Filing | Period | Filed | Where |
|---|---|---|---|
| 10-Q | 30 September 2026 | 28 October 2026 | EDGAR |
| 10-Q | 30 June 2026 | 29 July 2026 | EDGAR |
| 10-Q | 31 March 2026 | 29 April 2026 | EDGAR |
| 10-K | 31 December 2025 | 11 February 2026 | EDGAR |
| 10-Q | 30 September 2025 | 29 October 2025 | EDGAR |
| 10-Q | 30 June 2025 | 30 July 2025 | EDGAR |
| 10-Q | 31 March 2025 | 30 April 2025 | EDGAR |
| 10-K | 31 December 2024 | 18 February 2025 | EDGAR |
| 10-Q | 30 September 2024 | 30 October 2024 | EDGAR |
| 10-Q | 30 June 2024 | 31 July 2024 | EDGAR |
Reading about a stock somewhere else? Our free Chrome extension, GreekSoup Stock Ticker Lookup: Earnings, Insider Trades, 13F Holders, shows the latest quarter against a year ago, insider trades and 13F holders when you hover a $ticker such as $AAPL.