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.
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MGM Resorts International (MGM) P/B ratio
As of 16 October 2026, MGM Resorts International (MGM) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.3× (March 2020) to 3.9× (June 2026); the current reading is higher than 66% of that period. That is in line with the Resorts & Casinos industry median of 2.1× and above the Consumer Cyclical sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.1× | 6.69% |
| FY2024 | 2.9× | (22.39%) |
| FY2023 | 3.7× | 42.49% |
| FY2022 | 2.6× | 32.65% |
| FY2021 | 2.0× | 41.48% |
| FY2020 | 1.4× | 1.13% |
| FY2019 | 1.4× | 9.21% |
| FY2018 | 1.3× | (23.64%) |
| FY2017 | 1.7× | (1.70%) |
| FY2016 | 1.7× | 5.76% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 3.6× | 25.87% |
| Mar 2026 | 2.9× | (7.10%) |
| Dec 2025 | 3.1× | 11.66% |
| Sep 2025 | 2.8× | 9.05% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| WYNN Wynn Resorts, Limited compare | n/m |
| CZR Caesars Entertainment, Inc. compare | 1.7× |
| VAC Marriott Vacations Worldwide Corporation compare | 1.9× |
| BYD Boyd Gaming Corporation compare | 2.1× |
| MGM MGM Resorts International | 2.1× |
| HGV Hilton Grand Vacations Inc. compare | 2.2× |
| MTN Vail Resorts, Inc. compare | 9.7× |
| RRR Red Rock Resorts, Inc. compare | 9.8× |
| LVS Las Vegas Sands Corp. compare | 27.7× |
| Resorts & Casinos industry median | 2.1× |
| Consumer Cyclical sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on MGM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement