MGM Resorts International MGM
- Market cap
- $8.5B
- P/E
- 19.4×
Follow MGM
MGM Resorts International (MGM) EV/EBITDA
As of 25 September 2026, MGM Resorts International (MGM) trades at a EV/EBITDA of 5.0×. Over the past ten years it has ranged from 0.0× (June 2021) to 80.0× (September 2021); the current reading is higher than 20% of that period. That is below the Resorts & Casinos industry median of 9.2× and below the Consumer Cyclical sector median of 9.4×.
EV/EBITDA, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| VAC Marriott Vacations Worldwide Corporation compare | n/m |
| MGM MGM Resorts International | 5.0× |
| CZR Caesars Entertainment, Inc. compare | 5.0× |
| BYD Boyd Gaming Corporation compare | 7.4× |
| LVS Las Vegas Sands Corp. compare | 8.3× |
| RRR Red Rock Resorts, Inc. compare | 8.3× |
| WYNN Wynn Resorts, Limited compare | 9.2× |
| MTN Vail Resorts, Inc. compare | 10.3× |
| HGV Hilton Grand Vacations Inc. compare | 11.4× |
| Resorts & Casinos industry median | 9.2× |
| Consumer Cyclical sector median | 9.4× |
| 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)
More on MGM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement