SuperworthMGM Resorts International MGM
- Market cap
- $7.1B
- PE
- 17.0×
- 10y median 14.7×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 0.4×
- EV/EBIT
- 7.6×
- Revenue, 12 months
- $17.8B
- +3% on a year ago
- Net margin
- 2.4%
- Free cash flow yield
- 21.2%
MGM Resorts International trades at 17.0× trailing earnings, near its ten-year median. Revenue was $17.8B over the last twelve months, up 3% on a year earlier with a 2% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $4B+16% | $4.4B+22% | $4.4B+13% | $4.3B+10% | $4.2B+5% | $4.3B−1% | $4.3B−2% | $4.4B+2% | $4.3B+2% | $4.6B+6% | $4.5B+4% | $4.5B+1% | |
| Cost of revenue | $2.1B+22% | $2.4B+28% | $2.4B+18% | $2.3B+12% | $2.3B+10% | $2.4B+1% | $2.3B−2% | $2.4B+5% | $2.4B+4% | $2.6B+8% | $2.5B+6% | $2.5B+1% |
| Gross profit | $1.9B+11% | $2B+15% | $2B+8% | $2B+8% | $1.9B−0% | $2B−2% | $2B−3% | $2B−2% | $1.8B−1% | $2B+4% | $2B+2% | $2B+1% |
| SG&A | $1.2B−2% | $1.2B+2% | $1.2B+5% | $1.2B+6% | $1.2B−1% | $1.2B+1% | $1.2B−3% | $1.2B+0% | $1.2B+5% | $1.3B+1% | $1.3B+10% | $1.3B+4% |
| $369.9M | $419.3M | $458.4M−37% | $425.7M+15% | $314.9M−15% | $291.6M−31% | $385.1M−16% | $404.6M−5% | −$112.9M | $325M+12% | $301.2M−22% | $503.6M+25% | |
| Interest expense | $111.2M−11% | $106.9M−22% | $110M−16% | $112.7M+1% | $111.9M+1% | $108.6M+2% | $107.3M−3% | $105.6M−6% | $102.3M−9% | $103.9M−4% | $100.7M−6% | $102.1M−3% |
| Pre-tax income | $224.3M | $320.1M | $343.4M−47% | $271.2M−4% | $296.7M+32% | $205.7M−36% | $266.8M−22% | $133.8M−51% | −$219.6M | $99.8M−52% | $202.2M−24% | $413.5M+209% |
| $12.4M | −$59.5M | $43.7M−74% | −$11.6M | $52.6M+323% | −$32.2M−46% | $40.1M−8% | $15.7M | −$12.9M | −$282.9M+778% | $27.5M−31% | $90.7M+479% | |
| Net income | $161.1M | $313.5M+10% | $217.5M−53% | $187.1M−7% | $184.6M+15% | $157.4M−50% | $148.6M−32% | $49M−74% | −$285.3M | $293.6M+87% | $125.1M−16% | $292.4M+497% |
| $0.46 | $0.92+33% | $0.67−46% | $0.60+9% | $0.61+33% | $0.52−44% | $0.51−24% | $0.18−70% | −$1.05 | $1.11+114% | $0.48−6% | $1.11+517% | |
| 351.4M−11% | 340.2M−12% | 323.8M−14% | 314.4M−14% | 303.5M−14% | 299.5M−12% | 289.1M−11% | 275.6M−12% | 272.5M−10% | 269.7M−10% | 258.9M−11% | 257.8M−7% |
Gross profit: 38 periods, Q1 FY17 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 8 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q2 FY09 to Q2 FY13: not printed by the filing, worked out from its own lines. 8 periods, Q4 FY10 to Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY16 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY25: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Travel Lodging nearest MGM Resorts International's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MGMMGM Resorts International | $7.1B | 17.0× | 14.7× | 0.4× | +3% | 2.4% | |
| WYNNWynn Resorts | $7.5B | 17.4× | 25.1× | 1.0× | +6% | 6.1% | |
| WHWyndham Hotels & Resorts | $5.3B | 26.8× | 25.5× | 3.7× | +1% | 14.0% | |
| RRRRed Rock Resorts | $5.2B | 19.7× | 21.4× | 2.6× | +1% | 8.4% | |
| CHHChoice Hotels International | $4.9B | 15.3× | 23.6× | 3.0× | +3% | 20.3% | |
| TNLTravel & Leisure | $4B | 17.7× | 8.8× | 1.0× | +5% | 5.8% | |
| HHyatt Hotels | $16.3B | 210× | 24.1× | 2.3× | +6% | 1.1% | |
| HGVHilton Grand Vacations | $2.8B | 20.3× | 15.9× | 0.5× | +5% | 2.9% | |
| SHOSunstone Hotel Investors | $2.3B | 56.9× | 21.5× | n/m | n/m | n/m | |
| MCRIMonarch Casino & Resort | $2B | 18.1× | 21.2× | 3.6× | +5% | 20.4% | |
| Peer median | $4.9B | 19.7× | 21.5× | 2.4× | +5% | 7.2% |
Investors who own it
Investors we follow who held MGM Resorts International at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.0% of portfoliotrimmed
- Tom GaynerMarkel Group0.0% of portfolio
More on MGM Resorts International
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #1of 19Hotel stocks with the highest free cash flow yield
- #2of 19Hotel stocks with the lowest EV/EBIT
- #2of 12Hotel stocks with the lowest PE ratio
- #4of 20Hotel stocks with the lowest price to sales ratio
- #9of 12Hotel stocks with the fastest earnings growth
Its groups
About
- Industry
- Travel Lodging
- Sector
- Consumer Cyclical
Valuation data, not investment advice. Prices as of .