SuperworthMGM Resorts International profit margin MGM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 2.4%
- Operating margin, 12 months
- 5.7%
- Net margin on a year earlier
- −0.7 pts
- Peer median
- 7.2%
Over the twelve months to Jun 30, 2026, MGM Resorts International kept 2.4% of its revenue as net profit, with an operating margin of 5.7% and a gross margin of 44.2%.
Five years earlier its net margin was −18.5%.
The median for 9 hotel stocks of a similar size is 7.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.2% | 5.7% | 44.4% |
| FY2024 | 4.3% | 8.6% | 45.5% |
| FY2023 | 7.1% | 11.7% | 47.1% |
| FY2022 | 11.2% | 11.0% | 49.3% |
| FY2021 | 13.0% | 23.5% | 48.0% |
| FY2020 | −20.0% | −12.4% | 33.1% |
| FY2019 | 15.9% | 30.5% | 41.1% |
| FY2018 | 4.0% | 12.5% | 41.2% |
| FY2017 | 18.1% | 15.9% | 42.6% |
| FY2016 | 11.6% | 22.0% | n/a |
| FY2015 | −4.9% | −1.7% | n/a |
| FY2014 | −1.5% | 13.1% | n/a |
| FY2013 | −1.8% | 11.6% | n/a |
| FY2012 | −19.3% | 0.9% | n/a |
| FY2011 | 39.7% | 51.7% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.4% | −0.7 pts | 5.7% | |
| Q1 FY26 | 1.0% | −2.9 pts | 5.2% | |
| Q4 FY25 | 1.2% | −3.2 pts | 5.7% | |
| Q3 FY25 | 0.4% | −4.8 pts | 5.6% | |
| Q2 FY25 | 3.1% | −2.0 pts | 8.1% | |
| Q1 FY25 | 4.0% | −1.4 pts | 8.3% | |
| Q4 FY24 | 4.3% | −2.7 pts | 8.6% | |
| Q3 FY24 | 5.2% | −2.0 pts | 9.4% | |
| Q2 FY24 | 5.2% | +2.6 pts | 9.8% | |
| Q1 FY24 | 5.4% | −8.5 pts | 9.7% | |
| Q4 FY23 | 7.1% | −4.2 pts | 11.7% | |
| Q3 FY23 | 7.2% | −3.2 pts | 9.6% |
Against its peers
Companies in Travel Lodging nearest MGM Resorts International's size, closest first, today.
| Company | Profit margin |
|---|---|
| MGMMGM Resorts International | 2.4% |
| WYNNWynn Resorts | 6.1% |
| WHWyndham Hotels & Resorts | 14.0% |
| RRRRed Rock Resorts | 8.4% |
| CHHChoice Hotels International | 20.3% |
| TNLTravel & Leisure | 5.8% |
| HHyatt Hotels | 1.1% |
| HGVHilton Grand Vacations | 2.9% |
| SHOSunstone Hotel Investors | n/m |
| MCRIMonarch Casino & Resort | 20.4% |
| Peer median | 7.2% |
Where MGM Resorts International ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on MGM Resorts International
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.