MGM
MGM Resorts International
NYSE: MGM · CONSUMER CYCLICAL · RESORTS & CASINOS
$39.27
-1.18% today
Updated 2026-04-29
Market cap
$10.05B
P/E ratio
51.67
P/S ratio
0.57x
EPS (TTM)
$0.76
Dividend yield
—
52W range
$29 – $41
Volume
4.6M
MGM Resorts International (MGM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.18B | $7.69B | $7.21B | $5.98B | $6.02B | $7.85B | $9.16B | $9.81B | $10.08B | $9.19B | $9.46B | $10.80B | $11.76B | $12.90B | $4.92B | $9.68B | $13.13B | $16.16B | $17.24B | $17.54B |
| Revenue growth (YoY) | — | +7.2% | -6.3% | -17.1% | +0.7% | +30.4% | +16.7% | +7.1% | +2.8% | -8.8% | +2.9% | +14.2% | +8.9% | +9.7% | -61.9% | +96.9% | +35.6% | +23.1% | +6.7% | +1.7% |
| Cost of revenue | $3.81B | $4.14B | $4.14B | $3.54B | $3.76B | $5.03B | $5.92B | $6.26B | $6.37B | $5.63B | $5.50B | $6.19B | $6.92B | $7.60B | $3.21B | $5.03B | $6.65B | $8.55B | $9.39B | $9.75B |
| Gross profit | $3.36B | $3.55B | $3.07B | $2.44B | $2.26B | $2.82B | $3.24B | $3.55B | $3.71B | $3.56B | $3.96B | $4.60B | $4.84B | $5.30B | $1.71B | $4.65B | $6.47B | $7.61B | $7.85B | $7.79B |
| Gross margin | 46.9% | 46.2% | 42.5% | 40.8% | 37.6% | 36.0% | 35.4% | 36.2% | 36.8% | 38.8% | 41.9% | 42.6% | 41.2% | 41.1% | 34.8% | 48.0% | 49.3% | 47.1% | 45.5% | 44.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.07B | $1.14B | $1.28B | $1.10B | $1.13B | $1.18B | $1.24B | $1.28B | $1.32B | $1.31B | $1.38B | $1.56B | $1.76B | $2.10B | $2.12B | $2.51B | $4.23B | $4.70B | $4.83B | $4.88B |
| Operating income | $1.76B | $2.86B | $-129.60M | $-963.88M | $-1.16B | $4.06B | $80.53M | $1.11B | $1.32B | $-156.23M | $2.08B | $1.71B | $1.47B | $3.94B | $-642.43M | $2.28B | $1.44B | $1.89B | $1.49B | $1.00B |
| Operating margin | 24.5% | 37.2% | -1.8% | -16.1% | -19.3% | 51.7% | 0.9% | 11.3% | 13.1% | -1.7% | 22.0% | 15.9% | 12.5% | 30.5% | -13.1% | 23.5% | 11.0% | 11.7% | 8.6% | 5.7% |
| EBITDA | $2.41B | $3.57B | $718.53M | $-547.89M | $-469.02M | $4.74B | $309.84M | $2.04B | $2.12B | $571.22M | $2.80B | $2.57B | $2.51B | $5.00B | $-779.79M | $3.41B | $4.98B | $2.40B | $2.39B | $1.72B |
| EBITDA margin | 33.6% | 46.4% | 10.0% | -9.2% | -7.8% | 60.3% | 3.4% | 20.8% | 21.0% | 6.2% | 29.7% | 23.8% | 21.3% | 38.8% | -15.9% | 35.2% | 37.9% | 14.8% | 13.9% | 9.8% |
| EBIT | $1.76B | $2.86B | $-70.32M | $-1.24B | $-1.10B | $3.92B | $-617.86M | $1.19B | $1.30B | $-248.66M | $1.95B | $1.58B | $1.33B | $3.69B | $-1.99B | $2.26B | $1.50B | $1.58B | $1.56B | $699.82M |
| Interest expense | $760.36M | $708.34M | $609.29M | $775.43M | $1.11B | $1.09B | $1.12B | $857.35M | $817.06M | $797.58M | $694.77M | $668.75M | $769.51M | $847.93M | $676.38M | $799.59M | $594.95M | $460.29M | $443.23M | $419.04M |
| Income tax | $341.93M | $757.88M | $186.30M | $-720.91M | $-778.63M | $-403.31M | $-117.30M | $31.26M | $283.71M | $-6.59M | $22.30M | $-1.13B | $50.11M | $632.35M | $-191.57M | $253.41M | $697.07M | $157.84M | $52.46M | $-44.14M |
| Effective tax rate | 34.5% | 32.4% | -27.8% | 35.8% | 35.1% | -14.9% | 6.2% | -24.9% | 212.0% | 1.5% | 2.0% | -136.7% | 9.7% | 23.6% | 15.6% | 16.8% | 32.1% | 12.1% | 6.6% | -27.2% |
| Net income | $648.26M | $1.58B | $-855.29M | $-1.29B | $-1.44B | $3.11B | $-1.77B | $-156.61M | $-149.87M | $-447.72M | $1.10B | $1.95B | $466.77M | $2.05B | $-1.03B | $1.25B | $1.47B | $1.14B | $746.56M | $206.25M |
| Net income growth (YoY) | — | +144.4% | -154.0% | -51.0% | -11.3% | +316.7% | -156.8% | +91.1% | +4.3% | -198.7% | +346.0% | +77.2% | -76.1% | +339.0% | -150.4% | +221.5% | +17.4% | -22.5% | -34.6% | -72.4% |
| Profit margin | 9.0% | 20.6% | -11.9% | -21.6% | -23.9% | 39.7% | -19.3% | -1.6% | -1.5% | -4.9% | 11.6% | 18.1% | 4.0% | 15.9% | -21.0% | 13.0% | 11.2% | 7.1% | 4.3% | 1.2% |