About mgm resorts international - MGM
MGM At a Glance
| Phone | 1-702-693-7120 | Revenue | 16.16B | |
| Industry | Casinos/Gaming | Net Income | 1.14B | |
| Sector | Consumer Services | 2023 Sales Growth | 23.133% | |
| Fiscal Year-end | 12 / 2024 | Employees | 45,000 | |
| View SEC Filings |
MGM Valuation
| P/E Current | 13.413 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 14.003 |
| Price to Sales Ratio | 0.991 |
| Price to Book Ratio | 3.828 |
| Price to Cash Flow Ratio | 5.937 |
| Enterprise Value to EBITDA | 18.894 |
| Enterprise Value to Sales | 2.802 |
| Total Debt to Enterprise Value | 0.699 |
MGM Efficiency
| Revenue/Employee | 359,205.533 |
| Income Per Employee | 25,429.067 |
| Receivables Turnover | 15.099 |
| Total Asset Turnover | 0.323 |
MGM Liquidity
| Current Ratio | 1.571 |
| Quick Ratio | 1.526 |
| Cash Ratio | 0.937 |
MGM Profitability
| Gross Margin | 42.047 |
| Operating Margin | 9.794 |
| Pretax Margin | 9.111 |
| Net Margin | 7.079 |
| Return on Assets | 2.288 |
| Return on Equity | 26.48 |
| Return on Total Capital | 3.228 |
| Return on Invested Capital | 3.141 |
MGM Capital Structure
| Total Debt to Total Equity | 830.213 |
| Total Debt to Total Capital | 89.25 |
| Total Debt to Total Assets | 65.463 |
| Long-Term Debt to Equity | 828.005 |
| Long-Term Debt to Total Capital | 89.012 |
Mgm Resorts International in the News
Gambler walks away from Las Vegas slot machine a millionaire: 'It happened again!'
A slot player at Excalibur in Las Vegas won $12.1 million on a jackpot recently, making the anonymous winner on of four gamblers to become a "Megabucks™ millionaire."
MGM Resorts racks up $100M cost from cyberattack
MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 million.
Caesars Entertainment reportedly paid ransomware demand
Caesars Entertainment reportedly experienced a cyberattack not long ago that resulted in some of its data getting exposed to hackers, according to Bloomberg.
MGM Resorts experiences 'cybersecurity issue' impacting operations and prompting investigation
MGM Resorts International said on Monday it was experiencing a "cybersecurity" issue, forcing the company to shut down certain systems while experts investigated the breach.
MGM Resorts offers $607M for Swedish online gambling company
MGM Resorts International has made an offer to acquire LeoVegas AB, a European mobile gambling operator, for $607 million.
Americans are emerging from the pandemic ready to splurge on events and travel
With daily new COVID-19 cases falling, restrictions easing and the strongest consumer finances in recent history, Americans are finally emerging from the pandemic eager to splurge on everything from travel and sports events to restaurants, cruises and theme parks, executives say.
Super Bowl LVI to attract $7.6 billion in bets as online betting surges in 2022
The expansion of online betting into New York, as well as the overall increase in states that legalized betting, has helped the number of bets surge this year.
MGM Resorts to sell Mirage hotel and casino for $1.08 billion to Hard Rock
MGM Resorts International said on Monday that it would sell the operations of the Mirage hotel and casino in Las Vegas to Hard Rock International for about $1.08 billion in cash.
Top 10 Thanksgiving weekend box office movies
When it comes to releasing a movie, there isn’t a bigger swing than opening on a holiday and riding that momentum into the weekend.
New York State gambling regulators approve nine mobile sports betting operators
New York State gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel Group, DraftKings Inc. and BetMGM to operate in the new market.