MGM Resorts International

MGM Resorts International

32.82
USD
+1.80
(+5.80%)
3.54EPS
11.52P/E
7.81BMarket Cap
Feb 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20.03
20.54
16.93
16.68
18.87
21.61
24.61
10.45
20.09
32.08
45.54
56.08
63.76
68.84
Basic EPS, GAAP
-0.35
-0.31
-0.82
1.94
3.41
0.86
3.91
-2.09
2.6
3.6
3.22
2.43
0.75
2.7
Free Cash Flow per Basic Share
2.63
2.13
1.85
2.7
3.86
3.16
3.45
-3.02
2.85
4.29
7.58
7.69
9.2
8.99
Dividend per Share
- -
- -
- -
- -
0.44
0.48
0.52
0.16
0.01
0.01
- -
- -
- -
- -
Book Value per Share
8.6
8.33
9.06
10.83
13.38
12.35
15.36
13.16
13.38
12.75
11.67
10.27
9.41
9.95
Tangible Book Value per Share
-6.51
-6.45
-0.84
0.55
3.34
1.42
3.61
1.56
-2.26
-4.61
-9.43
-13.03
-14.82
-13.87
Basic Weighted Avg Shares
490
491
543
568
572
544
524
494
482
409
355
307
275
257
Sales/Revenue/Turnover
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
Operating Margin (%)
12.3
13.29
12.63
14.94
15.69
12.6
11.05
-40.36
5.88
-13.05
9.8
9.69
7.63
5.81
Depreciation Expense
849
816
820
850
993
1,178
1,305
1,211
1,151
3,482
814
831
1,018
1,101
Net Income, GAAP
-172
-150
-448
1,100
1,952
467
2,049
-1,033
1,254
1,473
1,142
747
206
694
Effective Tax Rate (%)
33.47
69.05
- -
1.73
- -
7.9
22.21
- -
17.34
77.13
10.72
4.7
- -
- -
Profit Margin (%)
-1.75
-1.49
-4.87
11.61
18.08
3.97
15.89
-20.01
12.96
11.22
7.07
4.33
1.17
3.92
Working Capital
504
-381
171
-64
-762
-422
816
4,094
2,974
3,639
1,785
1,012
820
804
LT Debt
13,447
12,805
12,368
12,979
12,751
15,088
15,447
20,767
23,573
32,582
31,471
31,438
31,193
29,419
Total Equity
7,860
7,628
7,771
10,023
11,691
10,572
12,768
11,246
11,124
5,368
4,368
3,720
3,276
3,377
Return on Invested Capital (%)
3.45
1.87
- -
9.36
- -
5.36
11.29
- -
5.54
0.87
4.47
3.96
- -
- -
Return on Capital (%)
0.85
-0.81
- -
7.58
- -
4.21
9.42
- -
5.77
7.65
3.67
2.39
- -
- -
Return on Common Equity (%)
-4
-3.61
-9.72
19.41
28.3
6.63
28.78
-14.51
19.95
27.02
26.43
21.85
7.55
26.8

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
6,403
6,068
5,669
LT Finance Leases
24,933
23,779
23,750
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
256
252
252
Market Capitalization
9,469
12,028
7,812

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
4,529
4,404
4,189
Cash, Cash Equivalents & STI
2,293
2,547
2,396
Accounts Receivable, Net
1,127
1,218
1,072
Inventories
123
123
124
Total Current Liabilities
3,394
3,299
3,385
Payables & Accruals
3,368
3,299
3,385
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.33%
-19.65%
-11.93%
Free Cash Flow
-21.89%
-23.21%
7.06%
Net Income, GAAP
-48.94%
-66.71%
-72.43%
Sales/Revenue/Turnover
13.03%
30.93%
1.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,383
4,327
4,183
4,347
17,241
2025
4,277
4,405
4,250
4,605
17,538
2026
4,455
4,451
4,212
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.68
0.6
0.61
0.53
2.43
2025
0.52
0.18
-1.05
1.1
0.75
2026
0.49
1.15
-0.07
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
William Joseph Hornbuckle
Full Time Employees
78,000
Sector
Consumer services
Industry
Casinos/Gaming
Address
3600 Las Vegas Boulevard South Las Vegas NV United States 89109
IPO Date
Dec 13, 1989
Business
MGM Resorts International (NYSE: MGM), an S&P 500 global gaming and entertainment company founded in 1987 and headquartered at 3600 S Las Vegas Blvd, Las Vegas, NV, owns and operates a portfolio of 31 destination resorts worldwide; its core offerings encompass best-in-class hotels and casinos with slot machines, table games, and poker rooms; state-of-the-art meetings and conference spaces; live and theatrical entertainment including concerts, residencies, shows, and nightclubs; extensive food and beverage services via fine dining restaurants, buffets, bars, and lounges; nightlife venues; and retail shopping experiences, all delivered through iconic Las Vegas-inspired brands such as Bellagio, MGM Grand, Mandalay Bay, Aria, Luxor, and The Mirage. The company serves leisure travelers, business professionals, gaming enthusiasts, and event planners primarily in the United States including the Las Vegas Strip, regional operations in Maryland, Massachusetts, Michigan, Mississippi, New Jersey, and Ohio; Macau via MGM China Holdings Limited; and Europe through subsidiaries like LeoVegas Group and LV Lion Holding Limited. Its 50/50 joint venture BetMGM provides sports betting and online gaming in numerous North American jurisdictions under brands including BetMGM and partypoker. In recent developments, LeoVegas, an MGM subsidiary, acquired Tipico's U.S. sportsbook and online casino platform in 2024 to enhance proprietary sports betting technology across international markets excluding BetMGM; MGM announced in October 2025 an agreement to sell the operations of MGM Northfield Park, Ohio's largest gaming property by revenue, to Clairvest for $546 million with closing expected in the first half of 2026; and in June 2024, MGM partnered with Playtech to launch proprietary live casino content from Las Vegas. The company pursues targeted expansion in Asia including an integrated resort in Japan and emphasizes sustainability through its Focused on What Matters philosophy.

Company News

  • MGM Resorts: Vegas Weakness Hurts Earnings, But Valuation Keeps Us Bullish

  • BetMGM Marks 100 Days in Alberta

  • MGM Resorts Q3 Earnings Miss Estimates on Weak Las Vegas Results

  • MGM Resorts International Q3 Earnings Call Highlights

  • MGM Resorts: 3 Key Takeaways for Long-Term Investors

  • MGM Resorts International (MGM) Q3 2026 Earnings Call Transcript

  • Compared to Estimates, MGM (MGM) Q3 Earnings: A Look at Key Metrics

  • MGM Resorts (MGM) Reports Q3 Loss, Misses Revenue Estimates

  • MGM China Reports 2026 Third-Quarter Results

  • MGM Resorts Nears 52-Week Low After Q3 Loss, Revenue Miss

  • MGM Resorts Revenue Ticks Down on Lower Room Rates in Las Vegas

  • MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS

  • MGM Resorts International and People Incorporated Enter into Amended Voting Agreement

  • MGM Resorts to Report Q3 Earnings: What's in Store for the Stock?

  • MGM Grand Hotel & Casino to Open Taylor Sheridan's Four Sixes Ranch Steakhouse in Early 2027

  • BetMGM and the National Football League Extend Partnership in Canada

  • MGM RESORTS SPRINTS TO RACE WEEK WITH HIGH-OCTANE FAN EXPERIENCES FOR FORMULA 1® HEINEKEN LAS VEGAS GRAND PRIX 2026, NOVEMBER 19-21

  • Earnings Preview: MGM Resorts (MGM) Q3 Earnings Expected to Decline

  • MGM Deal Notice: MGM Resorts Shareholders are Encouraged to Contact BFA Law about its Investigation into the $48.30 per Share Offer

  • BetMGM Renews Partnership with National Hockey League Star Connor McDavid