mgm resorts international - MGM

MGM

Close Chg Chg %
36.36 0.78 2.15%

Closed Market

37.14

+0.78 (2.15%)

Volume: 4.15M

Last Updated:

Mar 19, 2026, 4:00 PM EDT

Company Overview: mgm resorts international - MGM

MGM Key Data

Open

$35.95

Day Range

35.77 - 37.51

52 Week Range

25.30 - 40.16

Market Cap

$9.30B

Shares Outstanding

255.83M

Public Float

191.18M

Beta

1.38

Rev. Per Employee

N/A

P/E Ratio

47.77

EPS

$0.77

Yield

0.00%

Dividend

$0.00

EX-DIVIDEND DATE

Dec 8, 2022

SHORT INTEREST

N/A

AVERAGE VOLUME

4.93M

 

MGM Performance

1 Week
 
-0.85%
 
1 Month
 
-1.14%
 
3 Months
 
-2.49%
 
1 Year
 
15.75%
 
5 Years
 
-9.14%
 

MGM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About mgm resorts international - MGM

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment operates the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment includes MGM Macau and MGM Cotai. The MGM Digital segment focuses on the online gaming portfolio, which consists primarily of Leo Vegas, which is headquartered in Sweden and Malta. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

MGM At a Glance

MGM Resorts International
3600 Las Vegas Boulevard South
Las Vegas, Nevada 89109
Phone 1-702-693-7120 Revenue 17.54B
Industry Casinos/Gaming Net Income 211.09M
Sector Consumer Services 2025 Sales Growth 1.723%
Fiscal Year-end 12 / 2026 Employees 78,000
View SEC Filings

MGM Valuation

P/E Current 48.417
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 47.931
Price to Sales Ratio 0.577
Price to Book Ratio 3.879
Price to Cash Flow Ratio 3.70
Enterprise Value to EBITDA 17.182
Enterprise Value to Sales 2.307
Total Debt to Enterprise Value 0.78

MGM Efficiency

Revenue/Employee 224,842.09
Income Per Employee 2,706.282
Receivables Turnover 13.058
Total Asset Turnover 0.42

MGM Liquidity

Current Ratio 1.234
Quick Ratio 1.198
Cash Ratio 0.587

MGM Profitability

Gross Margin 38.616
Operating Margin 7.622
Pretax Margin 1.601
Net Margin 1.204
Return on Assets 0.505
Return on Equity 7.742
Return on Total Capital 0.621
Return on Invested Capital 0.616

MGM Capital Structure

Total Debt to Total Equity 1,298.557
Total Debt to Total Capital 92.85
Total Debt to Total Assets 76.265
Long-Term Debt to Equity 1,291.029
Long-Term Debt to Total Capital 92.312
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mgm Resorts International - MGM

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
13.13B 16.16B 17.24B 17.54B
Sales Growth
+35.61% +23.13% +6.66% +1.72%
Cost of Goods Sold (COGS) incl D&A
10.14B 9.37B 10.22B 10.77B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
3.92B 814.13M 831.10M 1.02B
Depreciation
1.22B 711.13M 712.10M 878.79M
Amortization of Intangibles
2.70B 103.00M 119.00M 139.00M
COGS Growth
+63.96% -7.57% +9.15% +5.29%
Gross Income
2.99B 6.80B 7.02B 6.77B
Gross Income Growth
-14.48% +127.12% +3.23% -3.47%
Gross Profit Margin
+22.80% +42.05% +40.69% +38.62%
2022 2023 2024 2025 5-year trend
SG&A Expense
4.71B 5.21B 5.35B 5.44B
Research & Development
- - - -
-
Other SG&A
4.71B 5.21B 5.35B 5.44B
SGA Growth
+60.39% +10.75% +2.69% +1.53%
Other Operating Expense
- - - -
-
Unusual Expense
(2.28B) 26.00M 163.00M 346.93M
EBIT after Unusual Expense
562.59M 1.56B 1.50B 989.83M
Non Operating Income/Expense
936.16M 375.97M 60.87M (290.01M)
Non-Operating Interest Income
- - 81.00M 49.00M
-
Equity in Earnings of Affiliates
(183.67M) (63.14M) (91.39M) 71.12M
Interest Expense
594.95M 460.29M 443.23M 419.04M
Interest Expense Growth
-25.59% -22.63% -3.71% -5.46%
Gross Interest Expense
595.69M 463.18M 445.66M 421.14M
Interest Capitalized
738.00K 2.88M 2.43M 2.10M
Pretax Income
903.80M 1.47B 1.12B 280.78M
Pretax Income Growth
-38.17% +62.95% -24.15% -74.86%
Pretax Margin
+6.88% +9.11% +6.48% +1.60%
Income Tax
697.07M 157.84M 52.46M (240.09M)
Income Tax - Current - Domestic
198.49M 273.09M 138.87M 1.56M
Income Tax - Current - Foreign
2.26M (223.00K) (2.36M) 3.42M
Income Tax - Deferred - Domestic
724.69M (102.25M) (33.86M) (195.50M)
Income Tax - Deferred - Foreign
(228.37M) (12.78M) (50.19M) (49.58M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(183.67M) (63.14M) (91.39M) 71.12M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
206.73M 1.31B 1.06B 520.87M
Minority Interest Expense
(1.23B) 170.62M 320.96M 309.78M
Net Income
1.44B 1.14B 743.65M 211.09M
Net Income Growth
+22.54% -20.60% -35.01% -71.61%
Net Margin Growth
+10.98% +7.08% +4.31% +1.20%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.44B 1.14B 743.65M 211.09M
Preferred Dividends
- - - -
-
Net Income Available to Common
1.44B 1.14B 743.65M 211.09M
EPS (Basic)
3.522 3.2241 2.4191 0.7675
EPS (Basic) Growth
+44.33% -8.46% -24.97% -68.27%
Basic Shares Outstanding
409.20M 354.93M 307.41M 275.05M
EPS (Diluted)
3.4897 3.1908 2.3971 0.7613
EPS (Diluted) Growth
+44.61% -8.57% -24.87% -68.24%
Diluted Shares Outstanding
412.99M 358.63M 310.23M 277.27M
EBITDA
2.20B 2.40B 2.49B 2.35B
EBITDA Growth
+15.82% +8.74% +4.02% -5.57%
EBITDA Margin
+16.79% +14.83% +14.46% +13.43%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 42.294
Number of Ratings 25 Current Quarters Estimate 0.591
FY Report Date 03 / 2026 Current Year's Estimate 1.982
Last Quarter’s Earnings 1.60 Median PE on CY Estimate N/A
Year Ago Earnings 3.31 Next Fiscal Year Estimate 2.392
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 16 15
Mean Estimate 0.59 0.61 1.98 2.39
High Estimates 1.04 1.00 3.10 3.61
Low Estimate 0.35 0.41 1.19 1.16
Coefficient of Variance 34.45 22.92 25.86 29.41

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 11
OVERWEIGHT 2 2 2
HOLD 10 10 10
UNDERWEIGHT 0 0 0
SELL 3 3 2
MEAN Overweight Overweight Overweight

Insider Actions for Mgm Resorts International - MGM

Date Name Shares Transaction Value
Mar 10, 2026 Corvex Management LP Director 5,347,978 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.27 per share 183,275,206.06

Mgm Resorts International in the News