Tearsheet

MGM Resorts International (MGM)

Market Price (9/18/2025): $35.3 | Market Cap: $9.6 Bil
Sector: Consumer Discretionary | Industry: Casinos & Gaming

MGM Resorts International (MGM)

Market Price (9/18/2025): $35.3
Market Cap: $9.6 Bil
Sector: Consumer Discretionary
Industry: Casinos & Gaming

Investment Highlights

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.6%, FCF Yield is 13%	Weak multi-year price returns 2Y Excs Rtn is -63%, 3Y Excs Rtn is -63%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 303%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 2.5 Bil
2	Low stock price volatility Vol 12M is 43%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.6%, FCF Yield is 13%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 2.5 Bil
2	Low stock price volatility Vol 12M is 43%
3	Weak multi-year price returns 2Y Excs Rtn is -63%, 3Y Excs Rtn is -63%
4	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 303%

Market Valuation

	9/18/25	2024	2023	2022	2021
Share Price CYE	$35.30	$34.65	$44.68	$33.53	$44.87
Market Cap CYE ($ Bil)	9.6	10.3	15.1	12.9	20.9
Total Debt ($ Bil)	31.2	31.6	31.6	34.0	24.7
Total Cash ($ Bil)	2.0	2.4	2.9	5.9	4.7
Enterprise Value ($ Bil)	38.9	41.9	46.7	46.9	45.6
Valuation Ratios
P/S TTM	0.6	0.6	1.0	1.1	2.2
P/EBIT TTM	7.2	6.8	8.2	9.2	9.6
P/E TTM	17.9	14.3	13.9	9.3	17.2
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8	1.3
P/EBIT TTM (Sector)	7.2	6.9	7.0	5.5	7.4
P/E TTM (Sector)	9.5	8.1	8.9	7.3	9.2

	9/18/25	2024	2023
Share Price CYE	$35.30	$34.65	$44.68
Market Cap CYE ($ Bil)	9.6	10.3	15.1
Total Debt ($ Bil)	31.2	31.6	31.6
Total Cash ($ Bil)	2.0	2.4	2.9
Enterprise Value ($ Bil)	38.9	41.9	46.7
Valuation Ratios
P/S TTM	0.6	0.6	1.0
P/EBIT TTM	7.2	6.8	8.2
P/E TTM	17.9	14.3	13.9
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9
P/EBIT TTM (Sector)	7.2	6.9	7.0
P/E TTM (Sector)	9.5	8.1	8.9

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
MGM Return	-5%	42%	-25%	33%	-22%	2%	5%
Peers Return	114%	-23%	-26%	45%	-9%	7%	70%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: LVS, WYNN, CZR, PENN, DKNG. See MGM Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Interactive Breakdown

MGM Resorts International Interactive Breakdown Analysis

Better Bets than MGM Resorts International (MGM)

	MGM	Better Performance than MGM
Metric	Value	Industry (Casinos & Gaming)
Rev Chg LTM	0.9%	LVS (1.6%), DKNG (25.8%), LNW (3.9%), BYD (6.1%), CHDN (8.2%)
Rev Chg 3Y Avg	13.6%	LVS (48.7%), DKNG (53.4%), WYNN (22.9%), CHDN (18.7%), RSI (24.2%)
Op Mgn LTM	8.6%	LVS (21.9%), WYNN (18.2%), LNW (24.7%), BYD (23.7%), CHDN (24.9%)
CFO/Rev LTM	14.7%	LVS (20.5%), WYNN (18.6%), LNW (19.1%), BYD (24.3%), CHDN (27.8%)
FCF/Rev LTM	7.5%	WYNN (10.7%), LNW (10.4%), BYD (12.2%), CHDN (12.9%), RRR (14.9%)
Total Yield	5.6%	LVS (5.8%), BYD (8.3%), CHDN (6.3%), RRR (8.3%), BRSL (10.6%)

	MGM	Better Performance than MGM
Metric	Value	Sector (Consumer Discretionary)
Rev Chg LTM	0.9%	AMZN (10.9%), HD (8.5%), BABA (5.3%), TM (4.5%), MCD (1.2%)
Rev Chg 3Y Avg	13.6%	TM (15.2%), BKNG (19.9%), MELI (39.8%), DASH (28.4%), RCL (65.4%)
Op Mgn LTM	8.6%	AMZN (11.4%), HD (13.1%), BABA (14.6%), TM (9.6%), MCD (46.1%)
CFO/Rev LTM	14.7%	AMZN (18.1%), TSLA (17.0%), BABA (15.0%), MCD (37.6%), BKNG (38.3%)
FCF/Rev LTM	7.5%	HD (8.6%), BABA (15.0%), MCD (26.5%), BKNG (36.9%), LOW (9.2%)
Total Yield	5.6%	HD (5.7%), BABA (37.9%), TM (2077.1%), MCD (6.1%), LOW (6.3%)

	MGM	Better Performance than MGM
Metric	Value	All Other Sectors
Rev Chg LTM	0.9%	NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg	13.6%	NVDA (92.0%), AVGO (24.0%), BRK-B (16.6%), LLY (23.4%), PLTR (25.7%)
Op Mgn LTM	8.6%	NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM	14.7%	NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM	7.5%	NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield	5.6%	BRK-B (5.9%), JPM (6.5%), XOM (9.7%), JNJ (8.1%), BAC (7.1%)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	MGM Resorts International Earnings Notes
2	Day 9 of Loss Streak for MGM Resorts International Stock with -13% Return (vs. -0.3% YTD) [9/12/2025]	Notification
3	Day 8 of Loss Streak for MGM Resorts International Stock with -11% Return (vs. 2% YTD) [9/11/2025]	Notification
4	Day 7 of Loss Streak for MGM Resorts International Stock with -9.4% Return (vs. 3.8% YTD) [9/10/2025]	Notification
5	Day 6 of Loss Streak for MGM Resorts International Stock with -9.3% Return (vs. 3.9% YTD) [9/9/2025]	Notification
6	Day 5 of Loss Streak for MGM Resorts International Stock with -8.8% Return (vs. 4.5% YTD) [9/8/2025]	Notification
7	MGM Resorts International vs General Motors: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	MGM Resorts International vs Red Rock Resorts: Which Is A Better Investment?	Counter-Intuitive Comparisons
9	How Does MGM Stack Up Against Its Peers?	Peer Comparison
10	Better Bet Than MGM Stock: Pay Less Than MGM Resorts International To Get More From UAL, IBKR
11	ARTICLES
12	MGM Stock Down -13% after 9-Day Loss Streak		September 13th, 2025
13	MGM Stock Down -11% after 8-Day Loss Streak		September 11th, 2025
14	MGM Stock Down -9.4% after 7-Day Loss Streak		September 11th, 2025
15	MGM Stock Down -9.3% after 6-Day Loss Streak		September 10th, 2025
16	MGM Stock Down -8.8% after 5-Day Loss Streak		September 9th, 2025

	Title
0	DASHBOARDS
1	MGM Stock Down -13% after 9-Day Loss Streak
2	MGM Stock Down -11% after 8-Day Loss Streak
3	MGM Stock Down -9.4% after 7-Day Loss Streak
4	MGM Stock Down -9.3% after 6-Day Loss Streak
5	MGM Stock Down -8.8% after 5-Day Loss Streak
6	ARTICLES
7	MGM Resorts International Earnings Notes
8	Day 9 of Loss Streak for MGM Resorts International Stock with -13% Return (vs. -0.3% YTD) [9/12/2025]
9	Day 8 of Loss Streak for MGM Resorts International Stock with -11% Return (vs. 2% YTD) [9/11/2025]
10	Day 7 of Loss Streak for MGM Resorts International Stock with -9.4% Return (vs. 3.8% YTD) [9/10/2025]
11	Day 6 of Loss Streak for MGM Resorts International Stock with -9.3% Return (vs. 3.9% YTD) [9/9/2025]
12	Day 5 of Loss Streak for MGM Resorts International Stock with -8.8% Return (vs. 4.5% YTD) [9/8/2025]
13	MGM Resorts International vs General Motors: Which Is A Better Investment?
14	MGM Resorts International vs Red Rock Resorts: Which Is A Better Investment?
15	How Does MGM Stack Up Against Its Peers?
16	Better Bet Than MGM Stock: Pay Less Than MGM Resorts International To Get More From UAL, IBKR

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1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ECDA	ECD Automotive Design	3937.1%	307.9%
2	ATHA	Athira Pharma	890.3%	544.3%
3	SPRC	SciSparc	142.9%	1141.7%
4	ATCH	AtlasClear	87.4%	-83.1%
5	GV	Visionary	68.2%	14.8%
6	APLM	Apollomics	51.3%	89.1%
7	SQFT	Presidio Property Trust	46.3%	11.0%
8	CDT	CDT Equity	40.1%	-99.1%
9	EDUC	Educational Development	31.8%	9.1%
10	ILLR	Triller	29.8%	-37.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	CURX	Curanex Pharmaceuticals	-83.5%	148.4%
2	CODX	Co-Diagnostics	-34.7%	-44.4%
3	BOXL	Boxlight	-34.5%	-13.5%
4	OPI	Office Properties Income Trust	-31.8%	-40.9%
5	BIAF	bioAffinity Technologies	-30.0%	-79.9%
6	ENVB	Enveric Biosciences	-29.3%	-88.0%
7	KAVL	Kaival Brands Innovations	-27.3%	-46.7%
8	AEI	Alset	-25.5%	211.8%
9	INBS	Intelligent Bio Solutions	-25.0%	0.7%
10	LVRO	Lavoro	-23.0%	-67.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	ECDA	ECD Automotive Design	3347.2%	307.9%
2	BDSX	Biodesix	1090.6%	-79.7%
3	CLSD	Clearside Biomedical	987.7%	-74.7%
4	ATHA	Athira Pharma	892.1%	544.3%
5	SDOT	Sadot	690.6%	-79.9%
6	ATCH	AtlasClear	684.9%	-83.1%
7	HSDT	Helius Medical Technologies	232.1%	-95.5%
8	CHEK	Check-Cap	222.2%	134.4%
9	APLM	Apollomics	197.8%	89.1%
10	SPRC	SciSparc	147.0%	1141.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	CURX	Curanex Pharmaceuticals	-80.5%	148.4%
2	ATYR	aTyr Pharma	-80.4%	-71.7%
3	NAKA	Kindly MD	-70.2%
4	BNGO	Bionano Genomics	-64.0%	-89.8%
5	XAGE	Longevity Health	-57.6%	-86.1%
6	FAAS	DigiAsia	-55.4%	-88.0%
7	ASST	Strive	-54.5%	650.3%
8	VCIG	VCI Global	-51.0%	-98.9%
9	REX	REX American Resources	-50.7%	44.3%
10	RBNE	Robin Energy	-42.6%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11931.7%	11931.7%
2	GIBO	GIBO	10714.0%
3	LNZA	LanzaTech Global	8455.2%	-86.3%
4	GTI	Graphjet Technology	3998.4%	-93.1%
5	GWAV	Greenwave Technology Solutions	3582.8%	-91.4%
6	QMMM	QMMM	3409.6%	8153.1%
7	ECDA	ECD Automotive Design	2715.2%	307.9%
8	OESX	Orion Energy Systems	1373.7%	14.2%
9	OP	OceanPal	1266.5%	-95.6%
10	BCTX	BriaCell Therapeutics	1032.4%	-89.8%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	CJET	Chijet Motor	-94.5%	-96.0%
2	STFS	Star Fashion Culture	-92.3%	-97.9%
3	ELPW	Elong Power	-91.1%	-76.9%
4	NXTT	Next Technology	-90.1%	-95.4%
5	EPIX	ESSA Pharma	-89.4%	-8.9%
6	NAKA	Kindly MD	-88.1%
7	BINI	Bollinger Innovations	-87.6%	-100.0%
8	JEM	707 Cayman	-87.4%	-98.2%
9	YAAS	Youxin Technology	-83.3%	-98.4%
10	NEON	Neonode	-82.5%	-51.0%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ECDA	ECD Automotive Design	3937.1%	307.9%
2	ATHA	Athira Pharma	890.3%	544.3%
3	SPRC	SciSparc	142.9%	1141.7%
4	ATCH	AtlasClear	87.4%	-83.1%
5	GV	Visionary	68.2%	14.8%
6	APLM	Apollomics	51.3%	89.1%
7	SQFT	Presidio Property Trust	46.3%	11.0%
8	CDT	CDT Equity	40.1%	-99.1%
9	EDUC	Educational Development	31.8%	9.1%
10	ILLR	Triller	29.8%	-37.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	CURX	Curanex Pharmaceuticals	-83.5%	148.4%
2	CODX	Co-Diagnostics	-34.7%	-44.4%
3	BOXL	Boxlight	-34.5%	-13.5%
4	OPI	Office Properties Income Trust	-31.8%	-40.9%
5	BIAF	bioAffinity Technologies	-30.0%	-79.9%
6	ENVB	Enveric Biosciences	-29.3%	-88.0%
7	KAVL	Kaival Brands Innovations	-27.3%	-46.7%
8	AEI	Alset	-25.5%	211.8%
9	INBS	Intelligent Bio Solutions	-25.0%	0.7%
10	LVRO	Lavoro	-23.0%	-67.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	ECDA	ECD Automotive Design	3347.2%	307.9%
2	BDSX	Biodesix	1090.6%	-79.7%
3	CLSD	Clearside Biomedical	987.7%	-74.7%
4	ATHA	Athira Pharma	892.1%	544.3%
5	SDOT	Sadot	690.6%	-79.9%
6	ATCH	AtlasClear	684.9%	-83.1%
7	HSDT	Helius Medical Technologies	232.1%	-95.5%
8	CHEK	Check-Cap	222.2%	134.4%
9	APLM	Apollomics	197.8%	89.1%
10	SPRC	SciSparc	147.0%	1141.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	CURX	Curanex Pharmaceuticals	-80.5%	148.4%
2	ATYR	aTyr Pharma	-80.4%	-71.7%
3	NAKA	Kindly MD	-70.2%
4	BNGO	Bionano Genomics	-64.0%	-89.8%
5	XAGE	Longevity Health	-57.6%	-86.1%
6	FAAS	DigiAsia	-55.4%	-88.0%
7	ASST	Strive	-54.5%	650.3%
8	VCIG	VCI Global	-51.0%	-98.9%
9	REX	REX American Resources	-50.7%	44.3%
10	RBNE	Robin Energy	-42.6%

Peer Comparisons for MGM Resorts International

Financials

	MGM	LVS	WYNN	CZR	PENN	DKNG	Median
Name	MGM Reso.	Las Vega.	Wynn Res.	Caesars .	PENN Ent.	DraftKin.
Mkt Price	35.29	52.71	123.28	25.43	18.91	42.64	38.97
Mkt Cap	9.6	36.6	12.8	5.3	2.8	21.2	11.2
Rev LTM	17,212	11,615	6,970	11,374	6,746	5,410	9,172
Op Inc LTM	1,485	2,542	1,271	2,197	244	-333	1,378
FCF LTM	1,295	549	743	50	-201	385	467
FCF 3Y Avg	1,321	987	660	297	35	5	479
CFO LTM	2,532	2,380	1,297	1,221	498	514	1,259
CFO 3Y Avg	2,357	2,294	1,100	1,480	492	125	1,290

Growth & Margins

	MGM	LVS	WYNN	CZR	PENN	DKNG	Median
Name	MGM Reso.	Las Vega.	Wynn Res.	Caesars .	PENN Ent.	DraftKin.
Rev Chg LTM	0.9%	1.6%	-1.9%	-0.1%	7.3%	25.8%	1.3%
Rev Chg 3Y Avg	13.6%	48.7%	22.9%	3.2%	2.6%	53.4%	18.2%
Rev Chg Q	1.8%	15.0%	0.3%	2.7%	6.1%	36.9%	4.4%
QoQ Delta Rev Chg LTM	0.5%	3.7%	0.1%	0.7%	1.5%	8.2%	1.1%
Op Mgn LTM	8.6%	21.9%	18.2%	19.3%	3.6%	-6.2%	13.4%
Op Mgn 3Y Avg	3.5%	18.3%	14.6%	21.0%	5.9%	-18.7%	10.2%
QoQ Delta Op Mgn LTM	-0.6%	0.9%	0.1%	-0.8%	0.2%	4.2%	0.1%
CFO/Rev LTM	14.7%	20.5%	18.6%	10.7%	7.4%	9.5%	12.7%
CFO/Rev 3Y Avg	14.4%	22.2%	16.9%	13.0%	7.5%	1.0%	13.7%
FCF/Rev LTM	7.5%	4.7%	10.7%	0.4%	-3.0%	7.1%	5.9%
FCF/Rev 3Y Avg	8.1%	9.0%	9.9%	2.6%	0.5%	-1.9%	5.3%

Valuation

	MGM	LVS	WYNN	CZR	PENN	DKNG	Median
Name	MGM Reso.	Las Vega.	Wynn Res.	Caesars .	PENN Ent.	DraftKin.
Mkt Cap	9.6	36.6	12.8	5.3	2.8	21.2	11.2
P/S	0.6	3.2	1.8	0.5	0.4	3.9	1.2
P/EBIT	7.2	13.7	11.4	2.3	7.0	-72.6	7.1
P/E	17.9	25.9	33.2	-27.3	-37.3	-69.5	-4.7
P/CFO	3.8	15.4	9.8	4.4	5.7	41.2	7.7
Total Yield	5.6%	5.8%	4.2%	-3.7%	-2.7%	-1.4%	1.4%
Dividend Yield	0.0%	2.0%	1.2%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	10.7%	3.0%	6.6%	2.9%	-0.1%	-0.4%	3.0%
D/E	3.2	0.4	1.0	4.7	3.9	0.1	2.1
Net D/E	3.0	0.3	0.8	4.5	3.7	0.0	1.9

Returns

	MGM	LVS	WYNN	CZR	PENN	DKNG	Median
Name	MGM Reso.	Las Vega.	Wynn Res.	Caesars .	PENN Ent.	DraftKin.
1M Rtn	-2.5%	-0.2%	14.0%	-1.0%	1.3%	-6.7%	-0.6%
3M Rtn	4.0%	26.8%	42.2%	-8.4%	9.4%	7.7%	8.6%
6M Rtn	8.0%	21.4%	45.7%	-12.7%	8.7%	10.6%	9.7%
12M Rtn	-5.2%	30.0%	55.7%	-36.8%	-4.4%	9.5%	2.5%
3Y Rtn	5.8%	42.3%	93.5%	-43.6%	-38.1%	129.2%	24.0%
1M Excs Rtn	-4.8%	-2.5%	11.6%	-3.3%	-1.1%	-9.0%	-2.9%
3M Excs Rtn	-5.2%	16.5%	31.2%	-14.2%	4.5%	1.5%	3.0%
6M Excs Rtn	-6.8%	5.6%	27.5%	-25.3%	-3.2%	-2.0%	-2.6%
12M Excs Rtn	-20.7%	17.2%	41.4%	-51.9%	-22.3%	-4.5%	-12.6%
3Y Excs Rtn	-62.7%	-18.7%	35.6%	-109.6%	-103.3%	73.7%	-40.7%

Comparison Analyses

	Title
0	How Does MGM Stack Up Against Its Peers?
1	MGM Resorts International vs. Las Vegas Sands: With Return Forecast Of 28%-29%, Both Seem Like Good Bets
2	MGM Resorts vs. Wynn Resorts: With Return Forecast Of 16%, MGM Resorts Is A Better Bet
3	MGM Looks Stronger Than CZR With 38% Return Potential
4	MGM Resorts vs. Penn National Gaming: With Return Forecast Of 62%, Penn National Gaming Is A Better Bet
5	MGM Resorts vs. Automatic Data Processing: With Return Forecast Of 127%, MGM Resorts Is A Better Bet
6	MGM Resorts vs. Intuit: With Return Forecast Of 127%, MGM Resorts Is A Better Bet
7	MGM Resorts vs. Union Pacific: With Return Forecast Of 127%, MGM Resorts Is A Better Bet
8	MGM Resorts vs. Newmont Mining: With Return Forecast Of 121%, MGM Resorts Is A Better Bet
9	MGM Resorts vs. Norfolk Southern: With Return Forecast Of 121%, MGM Resorts Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	7/30/2025	2/18/2025	2/23/2024	2/24/2023	2/25/2022	2/26/2021	2/27/2020
Key Financials
Total Revenue	17,212	17,241	16,164	13,127	9,680	5,162	12,900
EBITDA	2,257	2,391	2,747	4,981	3,412	375	4,999
Operating Income	1,485	1,670	1,584	-1,713	569	-2,084	1,426
Net Income	540	747	1,142	1,473	1,254	-1,033	2,049
EPS	1.83	2.42	3.22	3.52	2.44	-2.02	3.90
Growth Rates
Total Revenue Growth	0.9%	6.7%	23.1%	35.6%	87.5%	-60.0%	9.7%
EBITDA Growth	-5.8%	-13.0%	-44.8%	46.0%	808.8%	-92.5%	93.7%
Operating Income Growth	-15.6%	5.5%	192.4%	-401.2%	127.3%	-246.2%	-3.8%
Net Income Growth	-38.6%	-34.6%	-22.5%	17.4%	221.5%	-150.4%	339.0%
Margins
EBITDA Margin	13.1%	13.9%	17.0%	37.9%	35.2%	7.3%	38.8%
Operating Income Margin	8.6%	9.7%	9.8%	-13.1%	5.9%	-40.4%	11.1%
Net Income Margin	3.1%	4.3%	7.1%	11.2%	13.0%	-20.0%	15.9%
Cash & Debt
Total Cash	1,958	2,416	2,928	5,912	4,703	5,102	2,330
Total Debt	31,217	31,610	31,555	33,995	24,693	20,879	15,542
Net Debt / (Cash)	29,259	29,195	28,628	28,083	19,990	15,777	13,213
Cash Flows
Net Cash from Operations	2,532	2,362	2,691	1,756	1,373	-1,493	1,810
Free Cash from Operations	1,295	1,212	1,759	991	883	-1,764	1,071
Returns to Shareholders
Dividends	0	-0	-0	4	5	78	271
Share Repurchases	1,160	1,358	2,292	2,775	1,754	354	1,032

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	7/30/2025	4/30/2025	2/18/2025	10/30/2024	7/31/2024	5/1/2024	2/23/2024	11/8/2023	8/2/2023	5/1/2023	2/24/2023	11/2/2022
Key Financials Quarterly
Total Revenue	4,405	4,277	4,347	4,183	4,327	4,383	4,376	3,973	3,942	3,873	3,592	3,416
Ebitda	481	610	523	642	576	650	632	537	598	979	1,525	344
Operating Income	380	414	359	333	477	502	421	360	393	410	-1,022	-1,040
Net Income	49	149	157	185	187	217	313	161	201	467	284	-577
EPS	0.18	0.52	0.52	0.61	0.60	0.68	0.92	0.46	0.56	1.25	0.69	-1.45
Key Financials TTM
Total Revenue TTM	17,212	17,134	17,241	17,270	17,060	16,674	16,164	15,381	14,824	14,146	13,127	12,592
Ebitda TTM	2,257	2,352	2,391	2,500	2,396	2,418	2,747	3,640	3,447	5,547	4,981	4,102
Operating Income TTM	1,485	1,582	1,670	1,732	1,759	1,675	1,583	141	-1,258	-1,511	-1,713	-380
Net Income TTM	540	678	747	903	879	893	1,142	1,113	375	1,958	1,473	1,320
Growth Rates Quarterly
Total Revenue Growth	1.8%	-2.4%	-0.7%	5.3%	9.8%	13.2%	21.8%	16.3%	20.7%	35.7%	17.5%	26.2%
EBITDA Growth	-16.4%	-6.1%	-17.2%	19.5%	-3.7%	-33.6%	-58.5%	56.1%	-77.8%	136.8%	136.1%	-83.6%
Operating Income Growth	-20.4%	-17.6%	-14.7%	-7.5%	21.3%	22.4%	141.2%	134.6%	180.1%	97.2%	-427.7%	-445.9%
Net Income Growth	-73.8%	-31.7%	-49.8%	14.6%	-6.8%	-53.4%	10.4%	127.9%	-88.7%	2691.1%	116.8%	-142.7%
Margins Quarterly
EBITDA Margin	10.9%	14.3%	12.0%	15.3%	13.3%	14.8%	14.4%	13.5%	15.2%	25.3%	42.4%	10.1%
Operating Income Margin	8.6%	9.7%	8.3%	8.0%	11.0%	11.4%	9.6%	9.1%	10.0%	10.6%	-28.4%	-30.4%
Net Income Margin	1.1%	3.5%	3.6%	4.4%	4.3%	5.0%	7.2%	4.1%	5.1%	12.1%	7.9%	-16.9%
Cash & Debt
Total Cash	1,958	2,271	2,416	2,951	2,414	2,722	2,928	3,316	3,843	4,505	5,912	5,295
Total Debt	31,217	31,472	31,610	32,001	31,404	31,386	31,555	31,635	31,846	32,023	33,995	33,706
Net Debt / (Cash)	29,259	29,201	29,195	29,051	28,989	28,663	28,628	28,318	28,003	27,518	28,083	28,411
Cash Flows Quarterly
FCF from Operations	646	547	672	667	474	549	716	694	577	704	423	401
Cash Flows TTM
FCF from Operations TTM	2,532	2,360	2,362	2,407	2,434	2,536	2,691	2,398	2,105	2,040	1,756	1,820
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	1	1
Share Repurchases	228	489	120	323	409	507	623	566	619	484	352	307
Return on Invested Capital (ROIC) Quarterly
ROIC	4.5%	4.8%	4.9%	3.7%	6.6%	6.1%	5.8%	4.8%	4.8%	4.4%	-14.5%	-13.1%
Return on Invested Capital (ROIC) TTM
ROIC TTM	4.6%	5.1%	5.5%	5.8%	6.1%	5.7%	4.9%	0.3%	-4.5%	-2.4%	-1.4%	-0.8%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Las Vegas Strip Resorts	8,799	8,398	4,737	2,246	5,831
Regional Operations	3,670	3,816	3,392	1,967	3,550
MGM China	3,154	674	1,211	657	2,905
MGM Digital	432	133
Corporate and other	109	106	340	292	613
Total	16,164	13,127	9,680	5,162	12,900

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$35.29
Market Cap ($ Bil)	9.6
First Trading Date	01/12/1990
Distance from 52W High	-16.0%
	50 Days	200 Days
DMA Price	$36.90	$34.20
DMA Trend	indeterminate	up
Distance from DMA	-4.4%	3.2%
	3M	1YR
Volatility	32.4%	42.8%
Downside Capture	139.86	147.55
Upside Capture	86.25	117.84
Correlation (SPY)	30.5%	63.8%

MGM Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.20	1.51	1.83	1.41	1.41	1.38
Up Beta	0.84	1.17	1.54	1.59	1.54	1.42
Down Beta	0.95	1.11	2.74	1.15	1.28	1.29
Up Capture	182%	186%	210%	159%	153%	251%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	11	22	33	62	121	388
Down Capture	79%	180%	135%	125%	123%	106%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	10	19	29	62	126	357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	24,084,063
Short Interest: % Change Since 8152025	6.7%
Average Daily Volume	3,722,185
Days-to-Cover Short Interest	6.47
Basic Shares Quantity	273,329,000
Short % of Basic Shares	8.8%

Returns Analyses

	Title
0	MGM Resorts International During 2008 Recession vs. 2022 Inflation Shock: MGM Stock Has 42% Upside If It Recovers To Pre-Inflation Shock Levels
1	MGM YTD Stock Return Of 24% Outperforms SGMS by 124% and Outperforms WYNN by 21%
2	MGM Resorts (MGM) Stock Has 48% Chance Of Rise In The Next One Month
3	MGM Resorts (MGM) Stock Has 53% Chance Of Rise In The Next One Month
4	MGM Resorts (MGM) Stock Has 53% Chance Of Rise In The Next One Month
5	MGM Resorts International Stock Return Comparison
6	[10/16/2021] MGM Resorts International (MGM) Stock Price Forecast: AI Forecasts MGM Stock Price To Be Around $50.60 In A Month (Up 5.6%)
7	MGM Resorts International Total Shareholder Return (TSR): -25.3% in 2022 and 0.4% 3-yr returns (below peer average)

Earnings Returns History

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	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/30/2025	-3.8%	-7.4%	4.5%
4/30/2025	-1.9%	0.9%	0.6%
2/12/2025	17.5%	11.4%	-7.6%
10/30/2024	-11.0%	-9.6%	-7.4%
7/31/2024	-13.2%	-15.2%	-12.9%
5/1/2024	2.8%	0.7%	1.1%
2/13/2024	-6.3%	-7.4%	-6.3%
11/8/2023	-1.1%	5.1%	7.2%
...
SUMMARY STATS
# Positive	7	11	13
# Negative	17	13	11
Median Positive	3.7%	6.6%	6.9%
Median Negative	-3.4%	-6.9%	-12.9%
Max Positive	17.5%	31.4%	39.8%
Max Negative	-13.2%	-15.2%	-53.8%

	Forward Returns
7/30/2025	-3.8%	-7.4%	4.5%
4/30/2025	-1.9%	0.9%	0.6%
2/12/2025	17.5%	11.4%	-7.6%
10/30/2024	-11.0%	-9.6%	-7.4%
7/31/2024	-13.2%	-15.2%	-12.9%
5/1/2024	2.8%	0.7%	1.1%
2/13/2024	-6.3%	-7.4%	-6.3%
11/8/2023	-1.1%	5.1%	7.2%
8/2/2023	-7.1%	-7.1%	-10.7%
5/1/2023	-0.2%	-5.6%	-14.7%
2/8/2023	6.4%	6.6%	3.0%
11/2/2022	-10.5%	-4.4%	5.6%
8/3/2022	3.7%	0.8%	-5.1%
4/21/2022	-2.7%	-6.9%	-22.4%
2/9/2022	-3.0%	-6.9%	-17.3%
11/3/2021	-2.7%	-5.4%	-17.5%
8/4/2021	6.4%	8.8%	14.2%
4/28/2021	-3.8%	-0.6%	4.2%
2/10/2021	-3.2%	-3.9%	6.9%
10/29/2020	-3.4%	2.6%	32.7%
7/31/2020	1.4%	18.3%	39.8%
4/23/2020	3.7%	31.4%	20.3%
2/12/2020	-5.5%	-3.9%	-53.8%
10/30/2019	-0.5%	6.6%	11.6%
SUMMARY STATS
# Positive	7	11	13
# Negative	17	13	11
Median Positive	3.7%	6.6%	6.9%
Median Negative	-3.4%	-6.9%	-12.9%
Max Positive	17.5%	31.4%	39.8%
Max Negative	-13.2%	-15.2%	-53.8%

SEC Filings

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Report Date	Filing Date	Filing
6302025	7302025	10-Q 6/30/2025
3312025	4302025	10-Q 3/31/2025
12312024	2182025	10-K 12/31/2024
9302024	10302024	10-Q 9/30/2024
6302024	7312024	10-Q 6/30/2024
3312024	5012024	10-Q 3/31/2024
12312023	2232024	10-K 12/31/2023
9302023	11082023	10-Q 9/30/2023
6302023	8022023	10-Q 6/30/2023
3312023	5012023	10-Q 3/31/2023
12312022	2242023	10-K 12/31/2022
9302022	11022022	10-Q 9/30/2022
6302022	8032022	10-Q 6/30/2022
3312022	5022022	10-Q 3/31/2022
12312021	2252022	10-K 12/31/2021
9302021	11032021	10-Q 9/30/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Meister Keith A.		6132025	Sell	32.09	59,634	1,913,655	180,597,514	Form
1	SANDERS COREY IAN	CHIEF OPERATING OFFICER	5142025	Sell	34.43	40,000	1,377,048	9,692,008	Form
2	TAYLOR DANIEL J		5142025	Sell	34.93	5,261	183,767		Form
3	Halkyard Jonathan S	CHIEF FINANCIAL OFFICER	3072025	Buy	32.17	10,000	321,700	2,433,596	Form
4	Meinert Todd	SVP & Chief Accounting Officer	2202025	Sell	37.84	6,000	227,041	692,512	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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MGM Resorts International (MGM)

Market Price (9/18/2025): $35.3 | Market Cap: $9.6 BilSector: Consumer Discretionary | Industry: Casinos & Gaming

MGM Resorts International (MGM)

Market Price (9/18/2025): $35.3Market Cap: $9.6 BilSector: Consumer DiscretionaryIndustry: Casinos & Gaming

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Market Price (9/18/2025): $35.3 | Market Cap: $9.6 Bil
Sector: Consumer Discretionary | Industry: Casinos & Gaming

Market Price (9/18/2025): $35.3
Market Cap: $9.6 Bil
Sector: Consumer Discretionary
Industry: Casinos & Gaming