Melco Resorts & Entertainment/$MLCO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Melco Resorts & Entertainment
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.
- Ticker
- $MLCO
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 22,961
- Headquarters
- Central, Hong Kong
- Website
- www.melco-resorts.com
MLCO Metrics
BasicAdvanced
$1.7B
10.88
$0.41
-
-
Price and volume
Market cap
$1.7B
52-week high
$9.53
52-week low
$3.67
Average daily volume
2.1M
Financial strength
Current ratio
0.903
Quick ratio
0.805
Long term debt to equity
-4.954
Total debt to equity
-4.991
Interest coverage (TTM)
1.37%
Profitability
EBITDA (TTM)
1,160.511
Gross margin (TTM)
37.39%
Net profit margin (TTM)
3.15%
Operating margin (TTM)
12.10%
Effective tax rate (TTM)
1.62%
Revenue per employee (TTM)
$220,000
Management effectiveness
Return on assets (TTM)
5.04%
Return on equity (TTM)
-9.87%
Valuation
Price to earnings (TTM)
10.884
Price to revenue (TTM)
0.341
Price to book
-0.92
Price to tangible book (TTM)
-0.63
Growth
Revenue change (TTM)
0.49%
Earnings per share change (TTM)
61.75%
3-year revenue growth (CAGR)
18.99%
10-year revenue growth (CAGR)
1.49%
3-year earnings per share growth (CAGR)
-21.22%
10-year earnings per share growth (CAGR)
6.08%
What the Analysts think about MLCO
Analyst ratings (Buy, Hold, Sell) for Melco Resorts & Entertainment stock.
Analyst projections of the future price of Melco Resorts & Entertainment stock.
Bulls say / Bears say
Cyprus is becoming a stronger earnings contributor: its third-quarter revenue rose to US$96.7 million and EBITDA reached a record US$25.7 million, helped by firmer mass-market play. This adds a source of growth beyond Melco’s Macau operations. (Melco Resorts & Entertainment Limited)
Melco says Macau operating costs fell to about US$3.2 million a day in the third quarter, below its guidance, and that its business outperformed the wider market in October. Better cost control and targeted customer spending could help protect earnings while demand is soft. (The Motley Fool)
The phased opening of the REM hotel and planned City of Dreams retail and dining upgrades give Melco a chance to refresh its Macau offer and attract changing customer demand. The company expects much of the retail work to come on stream before Chinese New Year, with further work continuing into summer 2027. (The Motley Fool)
Third-quarter operating revenue fell 10% year on year to US$1.17 billion, while adjusted property EBITDA dropped to US$287.6 million from US$380.4 million. Weaker gaming and non-gaming performance at major Macau resorts drove the decline. (Melco Resorts & Entertainment Limited)
Weak Chinese spending and heavy promotional competition are weighing on Macau demand, and October gaming revenue in the city fell 10% year on year. More customer incentives could further pressure Melco’s earnings if operators keep competing for premium-mass players. (GGRAsia)
S&P expects softer gaming growth to slow Melco’s deleveraging, with its debt-to-EBITDA ratio not improving to 4.0 times until the first half of 2027. The company also guided to US$115–120 million of consolidated net interest expense in the fourth quarter, a substantial burden on earnings. (S&P Global Ratings’ Credit Research, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2026.
MLCO Financial Performance
Revenues and expenses
MLCO Earnings Performance
Company profitability
Upcoming events
No upcoming events
MLCO News
AllArticlesVideos
Funds containing MLCO
Fund name | Fund size | $MLCO weighting |
|---|---|---|
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
Xtrackers MSCI World Small Cap$XSWC | $183M | 0.01% |
SPDR MSCI All Country World IM€SPYI | $7.7B | 0.00% |
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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.