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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%
Market cap
$7.4B
P/E
17.0×
Fwd P/E
22.8×
Dividend yield
—
F-score
6/9
Altman Z
0.76
Beneish M
−2.73
Dividend safety
42/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

MGM Resorts International (MGM) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, MGM Resorts International (MGM) trades at a EV/EBITDA of 4.5×. Over the past ten years it has ranged from 0.0× (June 2021) to 80.0× (September 2021); the current reading is higher than 17% of that period. That is below the Resorts & Casinos industry median of 8.9× and below the Consumer Cyclical sector median of 9.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 6.4× (1.59%)
FY2024 6.5× (9.57%)
FY2023 7.2× 116.89%
FY2022 3.3× (60.60%)
FY2021 8.4× (77.92%)
FY2020 38.1× 663.42%
FY2019 5.0× (49.94%)
FY2018 10.0× (10.71%)
FY2017 11.2× 17.16%
FY2016 9.5× (11.14%)

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 6.5× 3.13%
Mar 2026 6.3× (1.66%)
Dec 2025 6.4× (0.52%)
Sep 2025 6.4× 5.29%
42 more quarters

Against its own ten years

Low 0.0× High 80.0×
Ten-year median 8.0×
Current reading's percentile 17

EV/EBITDA against peers

Company EV/EBITDA
VAC Marriott Vacations Worldwide Corporation compare n/m
MGM MGM Resorts International 4.5×
CZR Caesars Entertainment, Inc. compare 5.0×
BYD Boyd Gaming Corporation compare 7.3×
LVS Las Vegas Sands Corp. compare 8.1×
RRR Red Rock Resorts, Inc. compare 8.2×
WYNN Wynn Resorts, Limited compare 8.9×
HGV Hilton Grand Vacations Inc. compare 11.4×
MTN Vail Resorts, Inc. compare 11.5×
Resorts & Casinos industry median 8.9×
Consumer Cyclical sector median 9.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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