MGM Resorts International
MGM Resorts International
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 2,293 | 2,063 | 2,134 | 1,958 | 2,271 | 2,416 | 2,951 | 2,414 | 2,722 | 2,928 | 3,316 | 3,843 | |||||
Accounts Receivable Net Current | 1,127 | 1,123 | 932 | 1,044 | 970 | 1,071 | 965 | 1,017 | 924 | 929 | 812 | 704 | |||||
Inventory Net | 123 | 125 | 127 | 127 | 135 | 141 | 145 | 148 | 147 | 142 | 136 | 131 | |||||
Income Taxes Receivable | 100 | 220 | 165 | 227 | 210 | 258 | 213 | 208 | 92 | 141 | 160 | 129 | |||||
Prepaid Expense And Other Assets Current | 571 | 486 | 574 | 503 | 553 | 479 | 560 | 623 | 688 | 771 | 835 | 809 | |||||
Assets Of Disposal Group Including Discontinued Op… | 314 | 315 | - | - | - | 0 | - | - | - | 0 | 0 | 0 | |||||
Assets Current | 4,529 | 4,332 | 3,932 | 3,858 | 4,139 | 4,364 | 4,832 | 4,409 | 4,574 | 4,911 | 5,259 | 5,617 | |||||
Property Plant And Equipment And Finance Lease Rig… | 6,202 | 6,306 | 6,282 | 6,251 | 6,190 | 6,196 | 5,950 | 5,716 | 5,630 | 5,450 | 5,257 | 5,233 | |||||
Other Assets Noncurrent | |||||||||||||||||
Investments In Affiliates Subsidiaries Associates … | 660 | 536 | 540 | 484 | 394 | 381 | 414 | 238 | 246 | 241 | 232 | 157 | |||||
Goodwill | 4,885 | 4,902 | 4,943 | 5,189 | 5,162 | 5,145 | 5,176 | 5,153 | 5,153 | 5,166 | 5,143 | 5,029 | |||||
Intangible Assets Net Excluding Goodwill | 1,309 | 1,357 | 1,616 | 1,703 | 1,701 | 1,715 | 1,777 | 1,658 | 1,686 | 1,725 | 1,733 | 1,734 | |||||
Operating Lease Right Of Use Asset | 22,877 | 23,003 | 23,127 | 23,251 | 23,407 | 23,532 | 23,659 | 23,785 | 23,901 | 24,027 | 24,150 | 24,277 | |||||
Deferred Income Tax Assets Net | 99 | 90 | 69 | 56 | 48 | 40 | - | - | - | 0 | - | - | |||||
Other Assets Noncurrent | 841 | 849 | 902 | 907 | 862 | 859 | 933 | 856 | 889 | 850 | 798 | 858 | |||||
Assets | 41,402 | 41,374 | 41,411 | 41,699 | 41,903 | 42,232 | 42,741 | 41,815 | 42,079 | 42,369 | 42,572 | 42,906 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 404 | 422 | 421 | 383 | 381 | 413 | 392 | 402 | 448 | 462 | 413 | 359 | |||||
Long Term Debt Current | - | - | - | - | - | - | 675 | - | - | 0 | 0 | 35 | |||||
Interest Payable Current | 95 | 72 | 95 | 71 | 100 | 70 | 112 | 58 | 115 | 60 | 115 | 60 | |||||
Other Liabilities Current | 2,868 | 2,993 | 2,668 | 2,712 | 2,688 | 2,869 | 2,708 | 2,541 | 2,471 | 2,604 | 2,435 | 2,295 | |||||
Liabilities Of Disposal Group Including Discontinu… | 26 | 26 | - | - | - | 0 | - | - | - | 0 | 0 | 0 | |||||
Liabilities Current | 3,394 | 3,512 | 3,184 | 3,167 | 3,169 | 3,352 | 3,887 | 3,000 | 3,034 | 3,126 | 2,962 | 2,749 | |||||
Deferred Income Tax Liabilities Net | 2,615 | 2,617 | 2,839 | 2,801 | 2,810 | 2,812 | 2,793 | 2,797 | 2,850 | 2,861 | 2,991 | 3,007 | |||||
Long Term Debt Noncurrent | 6,403 | 6,230 | 6,164 | 6,205 | 6,415 | 6,362 | 6,234 | 6,293 | 6,270 | 6,344 | 6,506 | 6,674 | |||||
Operating Lease Liability Noncurrent | 24,933 | 24,963 | 24,988 | 25,012 | 25,057 | 25,076 | 25,092 | 25,111 | 25,116 | 25,127 | 25,129 | 25,137 | |||||
Other Liabilities Noncurrent | 726 | 775 | 784 | 771 | 830 | 910 | 880 | 768 | 750 | 543 | 523 | 494 | |||||
Liabilities | 38,070 | 38,097 | 37,959 | 37,957 | 38,282 | 38,512 | - | - | - | 38,001 | - | - | |||||
Redeemable Noncontrolling Interest Equity Carrying… | 20 | 22 | 31 | 32 | 35 | 35 | 33 | 32 | 32 | 33 | 33 | 10 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | |||||
Additional Paid In Capital Common Stock | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | 2,174 | 2,107 | 2,324 | 2,610 | 2,763 | 3,082 | 3,037 | 3,172 | 3,394 | 3,664 | 3,963 | 4,383 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 257 | 320 | 348 | 362 | 88 | -61 | 192 | 37 | 60 | 144 | -1 | 30 | |||||
Stockholders Equity | 2,433 | 3,255 | 2,676 | 3,711 | 3,586 | 3,685 | 3,232 | 3,213 | 4,027 | 3,811 | 4,429 | 4,835 | |||||
Minority Interest | 878 | 825 | 744 | 737 | 733 | 662 | 590 | 601 | 571 | 523 | 463 | 419 | |||||
Liabilities And Stockholders Equity | 41,402 | 41,374 | 41,411 | 41,699 | 41,903 | 42,232 | 42,741 | 41,815 | 42,079 | 42,369 | 42,572 | 42,906 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 256 | 258 | 272 | 272 | 280 | 294 | 297 | 305 | 315 | 327 | 341 | 353 | |||||
Shares Outstanding | 256 | 258 | 272 | 272 | 280 | 294 | 297 | 305 | 315 | 327 | 341 | 353 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.22% | 19.28% | 17.47% | - | - | - | - | - | - | - | - | - |
| 2025 | -0.35% | 7.34% | 18.21% | 0.48% | -5.49% | -16.63% | 4.29% | 19.51% | 12.08% | -2.17% | 0.88% | 5.89% |
| 2024 | -0.08% | 5.66% | 14.14% | -9.40% | -13.17% | -4.14% | -8.72% | -17.51% | -20.67% | -16.57% | -22.91% | -14.42% |
| 2023 | -12.27% | -10.12% | 7.78% | -14.39% | -25.82% | -28.44% | 5.67% | 15.60% | 12.94% | 0.70% | -0.23% | -4.72% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.33 | 1.23 | 1.23 | 1.22 | 1.31 | 1.30 | 1.24 | 1.47 | 1.51 | 1.57 | 1.78 | 2.04 | |||||
| Quick Ratio | 1.13 | 1.06 | 1.01 | 1.02 | 1.09 | 1.12 | 1.06 | 1.21 | 1.23 | 1.28 | 1.45 | 1.70 | |||||
| Working Capital | 1.14B | 820.32M | 747.35M | 691.38M | 969.62M | 1.01B | 945.70M | 1.41B | 1.54B | 1.78B | 2.30B | 2.87B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 15.64 | 11.71 | 14.19 | 10.23 | 10.67 | 10.45 | 1.20 | 0.93 | 0.75 | 8.77 | 0.67 | 0.57 | |||||
| Interest Coverage TTM | 2.23 | 2.39 | 2.29 | 3.22 | 3.22 | 3.36 | 3.67 | 3.80 | 3.68 | 4.11 | 3.00 | 0.11 | |||||
| Debt Ratio | 0.92 | 0.92 | 0.92 | 0.91 | 0.91 | 0.91 | 0.09 | 0.07 | 0.07 | 0.90 | 0.07 | 0.06 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.43 | 0.42 | 0.41 | 0.41 | 0.41 | 0.41 | 0.40 | 0.40 | 0.39 | 0.37 | 0.34 | 0.32 | |||||
| Days Sales Outstanding TTM | 21.61 | 22.83 | 20.03 | 21.85 | 20.17 | 21.18 | 18.78 | 18.41 | 18.35 | 20.11 | 18.06 | 16.90 | |||||
| Receivables Turnover TTM | 16.89 | 15.98 | 18.22 | 16.71 | 18.09 | 17.24 | 19.44 | 19.83 | 19.89 | 18.15 | 20.21 | 21.60 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.70 | 0.74 | 0.77 | 2.47 | 3.16 | 3.43 | 3.52 | 3.32 | 2.97 | 3.18 | 4.63 | 1.11 | |||||
| Free Cash Flow Per Share TTM | 6.06 | 5.31 | 5.03 | 4.74 | 4.02 | 3.94 | 4.43 | 4.77 | 4.90 | 4.96 | 4.28 | 3.28 | |||||
| Dividend Per Share TTM | 0.64 | 0.62 | 0.89 | 0.64 | 0.66 | 0.61 | 0.37 | 0.35 | 0.53 | 0.50 | 0.49 | 0.45 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 69.26% | 69.55% | 70.14% | 70.70% | 71.22% | 71.24% | 71.38% | 71.90% | 72.43% | 73.30% | 74.84% | 76.61% | |||||
| Operating Profit Margin TTM | 5.18% | 5.71% | 5.60% | 8.11% | 8.27% | 8.65% | 9.37% | 9.81% | 9.71% | 11.70% | 9.56% | 0.37% | |||||
| Net Profit Margin TTM | 1.03% | 1.17% | 1.21% | 3.95% | 5.33% | 6.18% | 6.18% | 6.12% | 5.77% | 7.07% | 10.58% | 2.73% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.39% | 1.72% | 0.05% | 0.89% | 2.76% | 6.66% | 12.28% | 15.08% | 17.87% | 23.13% | 22.15% | 24.74% | |||||
| Net Income Growth (1Y) | -80.03% | -80.66% | -80.35% | -34.91% | -5.05% | -6.79% | -34.38% | 158.02% | -51.60% | -22.46% | 109.32% | -87.31% | |||||
| EPS Growth (1Y) | -77.63% | -78.39% | -78.33% | -25.89% | 5.98% | 7.62% | -24.15% | 199.37% | -43.51% | -10.61% | 137.01% | -85.33% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 52.00 | 48.75 | 45.03 | 13.83 | 9.32 | 10.01 | 11.00 | 13.25 | 15.73 | 13.88 | 7.85 | 39.19 | |||||
| P/B TTM | 3.90 | 3.08 | 3.53 | 2.53 | 2.37 | 2.89 | 3.63 | 4.30 | 3.76 | 3.66 | 2.88 | 3.28 | |||||
| P/S TTM | 0.54 | 0.57 | 0.55 | 0.55 | 0.50 | 0.62 | 0.68 | 0.81 | 0.91 | 0.98 | 0.83 | 1.07 | |||||
| Market Cap | 9.49B | 10.04B | 9.45B | 9.40B | 8.51B | 10.65B | 11.75B | 13.83B | 15.13B | 15.86B | 12.77B | 15.86B | |||||
| Enterprise Value | 13.51B | 14.12B | 13.39B | 13.56B | 12.57B | 14.51B | 15.62B | 17.62B | 18.59B | 19.19B | 15.87B | 18.64B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.55B | 1.46B | 1.37B | 1.30B | 1.15B | 1.21B | 1.33B | 1.48B | 1.57B | 1.76B | 1.49B | 1.18B | |||||
| Net Debt | 4.02B | 4.08B | 3.94B | 4.16B | 4.06B | 3.86B | 3.87B | 3.79B | 3.46B | 3.33B | 3.10B | 2.78B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
MGM Resorts International (MGM) — SEC Financial Statements & Analysis
MGM Resorts International (MGM) is a hotels & motels company, incorporated in DE. MGM Resorts International trades on MGM: NYSE as: MGM. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), MGM Resorts International reported a 3.39% year-over-year revenue growth, a Gross Profit Margin of 69.26% (TTM), a Debt-to-Equity ratio of 15.64x, a Price-to-Sales (P/S) ratio of 0.54x (TTM), a Price-to-Book (P/B) ratio of 3.9 (TTM), at a market cap of $9.49B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 3.39%
- Gross Profit Margin TTM
- 69.26%
- Debt To Equity
- 15.64x
- P/S TTM
- 0.54x
- P/B TTM
- 3.9
- Market Cap
- $9.49B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is MGM Resorts International in?
MGM Resorts International (MGM) operates in the Hotels & Motels industry.
What is MGM's market cap?
MGM Resorts International (MGM) has a market capitalization of $9.49B as of 2026-03-31.
What is MGM's P/E ratio?
MGM Resorts International (MGM)'s trailing twelve month P/E ratio is 52.00x as of 2026-03-31.
What exchange does MGM trade on?
MGM Resorts International (MGM) trades on the MGM: NYSE.
Where is MGM Resorts International incorporated?
MGM Resorts International is incorporated in DE.