MGM Resorts International (MGM) vs Wynn Resorts, Limited (WYNN)

MGM Resorts International and Wynn Resorts, Limited are both Resorts & Casinos companies. MGM Resorts International and Wynn Resorts, Limited are of similar size ($8.5B and $8.4B). Wynn Resorts, Limited trades at the lower P/E: 18.6× against 19.4×. Wynn Resorts, Limited grew revenue faster over the last twelve months: 6.36% against 3.19%. Wynn Resorts, Limited has the higher net margin (6.06% vs 2.36%) and the higher return on invested capital (9.44% vs 9.23%). Both pay a dividend; Wynn Resorts, Limited yields more (0.91% vs 0.03%). Across the 21 metrics below, Wynn Resorts, Limited leads on 11 and MGM Resorts International on 10.

Valuation

Metric MGM WYNN Resorts & Casinos median
P/E 19.39 18.56 18.52
P/S 0.47 1.12 0.54
P/B 2.46 n/m 2.13
Price to free cash flow 4.11 10.38 13.62
EV/EBITDA 4.95 9.18 9.18
EV/Sales 0.70 2.29 1.80
Earnings yield 5.16% 5.39% 1.69%
Free cash flow yield 24.34% 9.63% 6.51%

Profitability

Metric MGM WYNN Resorts & Casinos median
Gross margin 44.16% 40.70% 50.85%
Operating margin 5.73% 15.72% 10.41%
Net margin 2.36% 6.06% 1.28%
Free cash flow margin 11.34% 10.81% 4.23%
Return on equity 11.82% (42.45%) 5.28%
Return on assets 1.03% 3.47% 0.57%
Return on invested capital 9.23% 9.44% 5.61%

Growth

Metric MGM WYNN Resorts & Casinos median
Revenue growth (TTM) 3.19% 6.36% 2.76%
EPS growth (last fiscal year) (68.33%) (27.82%) —
Revenue growth, 5-year CAGR 27.71% 27.77% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MGM WYNN Resorts & Casinos median
Debt to equity 1.80 (11.83) 1.94
Current ratio 1.34 0.91 0.91
Net debt to EBITDA 1.79 4.77 3.08

Dividend

Metric MGM WYNN Resorts & Casinos median
Dividend yield 0.03% 0.91% 1.27%
Payout ratio 0.00 0.00 0.00

Size

Metric MGM WYNN Resorts & Casinos median
Market cap 8.51b 8.35b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack