MGM Resorts/$MGM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About MGM Resorts
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
- Ticker
- $MGM
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 69,000
- Headquarters
- Las Vegas, United States
- Website
- www.mgmresorts.com
MGM Resorts Metrics
BasicAdvanced
$7.6B
11.37
$2.64
1.35
-
Price and volume
Market cap
$7.6B
Beta
1.35
52-week high
$51.59
52-week low
$26.71
Average daily volume
6M
Financial strength
Current ratio
1.238
Quick ratio
1.098
Long term debt to equity
8.747
Total debt to equity
8.803
Interest coverage (TTM)
2.51%
Profitability
EBITDA (TTM)
2,128.649
Gross margin (TTM)
43.62%
Net profit margin (TTM)
3.92%
Operating margin (TTM)
5.80%
Effective tax rate (TTM)
-24.69%
Revenue per employee (TTM)
$260,000
Management effectiveness
Return on assets (TTM)
1.59%
Return on equity (TTM)
26.93%
Valuation
Price to earnings (TTM)
11.368
Price to revenue (TTM)
0.435
Price to book
3.01
Price to tangible book (TTM)
-2.16
Price to free cash flow (TTM)
5.509
Free cash flow yield (TTM)
18.15%
Free cash flow per share (TTM)
5.438
Growth
Revenue change (TTM)
2.57%
Earnings per share change (TTM)
1,035.76%
3-year revenue growth (CAGR)
4.94%
10-year revenue growth (CAGR)
7.27%
3-year earnings per share growth (CAGR)
-3.81%
10-year earnings per share growth (CAGR)
17.58%
What the Analysts think about MGM Resorts
Analyst ratings (Buy, Hold, Sell) for MGM Resorts stock.
Analyst projections of the future price of MGM Resorts stock.
Bulls say / Bears say
Las Vegas showed a modest recovery in Q2: revenue and segment EBITDAR each rose 3% year on year, helped by group and convention business and local events. (MGM Resorts)
BetMGM, MGM’s online gaming joint venture, reported Q3 revenue growth of 7% and more than doubled adjusted EBITDA year on year. It reiterated its 2026 guidance and said it remains on track for profitable growth. (MGM Resorts)
MGM China gained market share in Macau, rising to 16.4% in Q2 from 15.4% in Q1; analysts also estimated it gained share in July. Continued gains could strengthen its position in a growing market. (AGB)
Late-summer indicators suggest Las Vegas demand is still fragile: room rates were tracking 10% lower in August and 5% lower in September, according to an analyst cited by CDC Gaming. A sustained slowdown would put pressure on MGM’s largest resort market. (CDC Gaming)
MGM China’s Q2 adjusted EBITDAR fell 15% year on year despite broadly flat revenue. Weaker gaming volumes and higher branding fees weighed on profitability. (MGM Resorts)
The Osaka resort is a long-dated, capital-heavy bet: MGM expected to invest about $1 billion in each of 2027 and 2028, while Japan’s latest review called for sharper demand estimates and more detailed non-gaming plans. (The Motley Fool, GGRAsia)
Data summarised monthly by Lightyear AI. Last updated on 21 Oct 2026.
MGM Resorts Financial Performance
Revenues and expenses
MGM Resorts Earnings Performance
Company profitability
Upcoming events
No upcoming events
MGM Resorts News
AllArticlesVideos
Funds containing MGM Resorts
AllUSDEURGBP
Fund name | Fund size | $MGM weighting |
|---|---|---|
iShares USD Short Duration High Yield Corporate Bond£SDHG | $959M | 1.55% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.14% |
iShares S&P 500 Equal Weight€O4J0 | $5.1B | 0.14% |
iShares S&P 500 Equal Weight£EWSP | $5.1B | 0.14% |
iShares S&P 500 Equal Weight$EWSX | $5.1B | 0.14% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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