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Friday 6 November 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.

Revenue
−0.91%
EPS
+114.8%
Free cash flow
−21.6%
Total debt
−8.02%

Quarter to September 2026, against a year earlier

32.05 0.49 −1.51%
Market cap
$8.2B
P/E
11.2×
Fwd P/E
14.2×
Dividend yield
—
F-score
6/9
Altman Z
0.76
Beneish M
−2.73
Dividend safety
42/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

MGM Resorts International (MGM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, MGM Resorts International (MGM) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 0.3× (March 2020) to 3.9× (June 2026); the current reading is higher than 68% of that period. That is above the Resorts & Casinos industry median of 2.0× and above the Consumer Cyclical sector median of 1.7×.

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
Sep 2026 2.3× (35.60%)
Jun 2026 3.6× 25.87%
Mar 2026 2.9× (7.10%)
Dec 2025 3.1× 11.66%
43 more quarters

Against its own ten years

Low 0.3× High 3.9×
Ten-year median 1.7×
Current reading's percentile 65

P/B ratio against peers

Company P/B ratio
WYNN Wynn Resorts, Limited compare n/m
LVS Las Vegas Sands Corp. compare n/m
CZR Caesars Entertainment, Inc. compare 1.7×
VAC Marriott Vacations Worldwide Corporation compare 1.8×
HGV Hilton Grand Vacations Inc. compare 2.3×
BYD Boyd Gaming Corporation compare 2.3×
MGM MGM Resorts International 2.4×
RRR Red Rock Resorts, Inc. compare 9.5×
MTN Vail Resorts, Inc. compare 10.2×
Resorts & Casinos industry median 2.0×
Consumer Cyclical sector median 1.7×
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))

The full definition of P/B ratio →

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