Saturday 17 October 2026
Export MGM’s income statement to Excel — free account
MGM Resorts International
MGM Consumer Cyclical Resorts & Casinos
MGM Resorts International’s revenue for fiscal 2025 (year ended December 2025) was $17.5 billion, up 1.72% from fiscal 2024. In the quarter to June 2026, revenue grew 1.05%, EPS grew 522.2%, free cash flow grew 118.4% and total debt fell 2.20%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years; insiders bought in the last twelve months.
28.48
1.00
−3.39%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
47.39 | 14.38 | 14.21 | 9.73 | 18.02 | 0.00 | 8.34 | 30.33 | 9.74 | 15.20 |
Piotroski F-Score |
6 | 5 | 6 | 8 | 8 | 2 | 8 | 6 | 7 | 6 |
P/S ratio |
0.57 | 0.62 | 1.00 | 1.04 | 2.23 | 3.02 | 1.35 | 1.12 | 1.78 | 1.77 |
Altman Z-Score |
0.76 | 0.82 | 0.95 | 0.84 | 1.09 | 0.71 | 1.46 | 1.05 | 1.29 | 1.14 |
Altman Z″-Score (non-manufacturers) |
0.55 | 0.73 | 0.98 | 1.21 | 1.58 | 1.36 | 1.97 | 1.05 | 1.17 | 1.12 |
P/FCF ratio |
6.84 | 8.69 | 7.26 | 6.31 | 21.86 | 0.00 | 16.24 | 50.53 | 55.90 | 0.00 |
Beneish M-Score |
(2.73) | (2.39) | (2.13) | (2.37) | (1.91) | (2.99) | (2.29) | (2.11) | (2.48) | (2.29) |
P/Operating CF |
15.32 | 15.86 | 22.55 | 32.18 | 44.44 | (63.96) | 38.39 | 40.37 | 27.61 | 34.54 |
Dividend Safety Score |
42 | — | — | — | — | — | — | — | — | — |
P/B ratio |
3.08 | 2.89 | 3.72 | 2.61 | 1.97 | 1.39 | 1.38 | 1.26 | 1.65 | 1.68 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 5.58 | 2.86 | 2.58 | 2.81 | 3.24 | 4.12 |
EV/Sales |
0.85 | 0.89 | 1.22 | 1.25 | 3.02 | 4.45 | 2.04 | 2.28 | 2.83 | 2.98 |
EV/EBITDA |
6.40 | 6.50 | 7.19 | 3.32 | 8.41 | 38.11 | 4.99 | 9.97 | 11.17 | 9.53 |
EV/Operating CF |
5.88 | 6.46 | 7.31 | 9.35 | 21.26 | (15.38) | 14.57 | 15.56 | 13.86 | 18.44 |
EV/FCF |
10.14 | 12.47 | 8.84 | 7.61 | 29.51 | (13.06) | 24.56 | 102.59 | 89.16 | (39.04) |
Quick Ratio |
0.97 | 1.12 | 1.28 | 1.51 | 1.76 | 3.05 | 1.16 | 0.75 | 0.66 | 0.87 |
Current Ratio |
1.23 | 1.30 | 1.57 | 1.81 | 1.86 | 3.21 | 1.26 | 0.86 | 0.76 | 0.97 |
Net Debt/EBITDA |
1.79 | 1.68 | 1.25 | 0.57 | 2.18 | 12.26 | 1.69 | 5.06 | 4.17 | 3.89 |
Debt/Assets |
15.06% | 15.06% | 14.97% | 19.08% | 31.23% | 34.22% | 33.25% | 50.09% | 44.27% | 46.10% |
Debt/Equity |
1.91 | 1.73 | 1.46 | 1.67 | 1.16 | 1.12 | 0.89 | 1.45 | 1.11 | 1.30 |
Asset Turnover |
0.42 | 0.41 | 0.37 | 0.30 | 0.25 | 0.15 | 0.40 | 0.40 | 0.38 | 0.36 |
Operating CF/Net income |
12.29 | 3.16 | 2.36 | 1.19 | 1.09 | 1.45 | 0.88 | 3.87 | 1.14 | 1.39 |
Capex/Depreciation |
(0.80) | (1.33) | (0.55) | 0.11 | (0.32) | (0.21) | (0.55) | (1.20) | (1.82) | (2.54) |
Interest Coverage |
2.39 | 3.36 | 4.11 | 2.42 | 2.85 | (0.95) | 4.65 | 1.91 | 2.56 | 2.99 |
| 5.93% | 18.62% | 23.93% | 18.20% | 11.32% | (8.66%) | 17.72% | 4.03% | 17.92% | 12.41% | |
| 0.49% | 1.76% | 2.59% | 3.40% | 3.24% | (2.94%) | 6.39% | 1.50% | 6.75% | 4.12% | |
ROIC |
8.44% | 12.21% | 15.25% | 11.22% | 7.68% | (2.16%) | 11.40% | 3.81% | 4.65% | 6.04% |
Return on Tangible Assets |
2.89% | 10.36% | 15.79% | 16.62% | 7.21% | (5.51%) | 10.73% | 2.19% | 10.25% | 5.99% |
Average Days of Receivables |
27.95 | 28.13 | 24.17 | 25.72 | 32.34 | 39.59 | 38.90 | 21.27 | 19.77 | 20.91 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
30.99% | 31.01% | 32.25% | 35.85% | 30.27% | 50.03% | 19.89% | 3.56% | 17.75% | 17.84% |
Intangible Assets out of Total Assets |
0.15 | 0.16 | 0.16 | 0.14 | 0.17 | 0.16 | 0.17 | 0.19 | 0.19 | 0.21 |
Share Based Compensation of Revenue |
0.52% | 0.47% | 0.46% | 0.54% | 0.67% | 2.07% | 0.69% | 0.60% | 0.58% | 0.59% |
Graham Net Nets |
(3.37) | (3.21) | (2.05) | (2.37) | (1.09) | (1.24) | (0.99) | (1.30) | (0.79) | (0.95) |
Graham Number |
14.32 | 25.50 | 29.65 | 31.30 | 35.72 | 0.00 | 46.57 | 18.61 | 39.63 | 27.68 |
Earnings Yield |
2.11% | 6.96% | 7.04% | 10.28% | 5.55% | (6.44%) | 11.99% | 3.30% | 10.27% | 6.58% |
Free Cash Flow Yield |
14.62% | 11.50% | 13.78% | 15.84% | 4.57% | (11.29%) | 6.16% | 1.98% | 1.79% | (4.33%) |
Revenue per Share |
63.76 | 56.08 | 45.54 | 32.08 | 20.09 | 10.45 | 24.61 | 21.61 | 18.87 | 16.68 |
Operating CF per Share |
9.20 | 7.69 | 7.58 | 4.29 | 2.85 | (3.02) | 3.45 | 3.17 | 3.86 | 2.70 |
Capex per Share |
(3.86) | (3.70) | (1.31) | 0.98 | (0.80) | (0.54) | (1.40) | (2.68) | (3.26) | (3.98) |
Free Cash Flow per Share |
5.34 | 3.99 | 6.27 | 5.27 | 2.05 | (3.56) | 2.05 | 0.48 | 0.60 | (1.28) |
Cash per Share |
7.50 | 7.86 | 8.25 | 14.45 | 10.80 | 10.32 | 4.44 | 2.81 | 2.62 | 2.55 |
Shareholders Equity per Share |
11.83 | 11.99 | 12.21 | 12.73 | 22.78 | 22.62 | 24.16 | 19.24 | 20.29 | 17.55 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
11.83 | 11.99 | 12.21 | 12.73 | 22.78 | 22.62 | 24.16 | 19.24 | 20.29 | 17.55 |
Free Cash Flow |
1,467.56 | 1,225.09 | 2,224.79 | 2,157.73 | 989.33 | (1,757.49) | 1,073.97 | 261.31 | 343.05 | (724.56) |
Working Capital |
820.32 | 1,011.92 | 1,784.53 | 3,638.80 | 2,973.92 | 4,094.08 | 816.27 | (422.10) | (761.94) | (63.83) |
Capital Expenditures |
(1,061.81) | (1,137.41) | (465.99) | 401.27 | (384.10) | (264.44) | (736.43) | (1,461.23) | (1,863.36) | (2,258.53) |
Net Current Asset Value |
(33,786.83) | (34,182.88) | (33,123.82) | (32,327.40) | (23,506.17) | (19,364.37) | (17,205.75) | (17,214.13) | (15,172.56) | (15,974.40) |
EV/EBIT |
14.85 | 10.25 | 10.39 | 11.41 | 12.81 | 0.00 | 6.69 | 18.24 | 17.86 | 13.61 |
Capex to Sales |
0.06 | 0.07 | 0.03 | (0.03) | 0.04 | 0.05 | 0.06 | 0.12 | 0.17 | 0.24 |
Price to Operating Income |
10.02 | 7.15 | 8.53 | 9.46 | 9.49 | 0.00 | 4.43 | 8.99 | 11.20 | 8.06 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.21 | 0.14 | 0.15 | 0.67 | 0.08 | 0.09 | 0.07 | 0.06 | 0.05 | 0.05 |
Cash ROIC |
12.71% | 9.83% | 16.35% | 10.87% | 3.42% | (6.11%) | 4.09% | 0.96% | 1.32% | (2.97%) |
Accounts Receivable Turnover |
13.13 | 14.37 | 16.20 | 14.73 | 13.66 | 5.34 | 12.52 | 18.52 | 19.15 | 18.24 |
Accounts Payable Turnover |
23.37 | 21.49 | 20.57 | 20.28 | 23.47 | 18.27 | 28.27 | 31.15 | 24.50 | 25.53 |
Inventory Turnover |
73.54 | 66.56 | 63.89 | 59.82 | 54.47 | 36.11 | 71.15 | 81.49 | 61.92 | 54.68 |
Average Days of Payables |
15.78 | 16.03 | 19.70 | 20.29 | 20.77 | 15.07 | 11.30 | 12.72 | 15.03 | 16.56 |
Days of Inventory on Hand |
4.66 | 5.46 | 6.05 | 6.92 | 6.99 | 9.34 | 4.94 | 4.66 | 6.03 | 6.46 |
Average Receivables |
1,336.01 | 1,199.75 | 997.87 | 891.47 | 708.85 | 967.40 | 1,030.26 | 635.23 | 563.87 | 519.74 |
Average Payables |
417.08 | 437.19 | 415.77 | 328.01 | 214.36 | 188.98 | 269.01 | 278.80 | 252.75 | 216.25 |
Average Inventory |
132.55 | 141.12 | 133.87 | 111.22 | 92.35 | 95.61 | 106.86 | 106.56 | 100.01 | 100.97 |
Average Assets |
41,802.71 | 42,300.09 | 44,030.38 | 43,295.67 | 38,697.03 | 35,185.65 | 32,043.54 | 29,685.38 | 28,666.67 | 26,694.24 |
Average Common Equity |
3,469.85 | 4,009.65 | 4,772.13 | 8,093.45 | 11,078.34 | 11,921.42 | 11,566.36 | 11,040.46 | 10,790.22 | 8,866.87 |
Columns are period end dates