MGM RESORTS INTERNATIONAL (MGM) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties includ...
MGM RESORTS INTERNATIONAL's revenue increased 1.7% year over year, from $17.24B to $17.54B.
Net income decreased 72.4% over the same period, from $746.6M to $205.9M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 85% in total.
Total debt remained relatively stable at $6.23B.
The debt-to-equity ratio stands at 2.56, indicating a high leverage profile.
Operating cash flow grew 7.1% to $2.53B.
MGM RESORTS INTERNATIONAL maintains a moderate net profit margin of 1.2%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $11.79B+50.8% | $828.7M | $5.61B | $1.47B | $1.97B | $42.57B | $6.51B | $3.97B |
| Q1 FY2024 | $4.38B-62.8% | $217.5M | $2.02B | $458.4M | $549.3M | $42.08B | $6.27B | $3.46B |
| Q2 FY2024 | $8.71B+98.7% | $404.5M | $4.03B | $884.0M | $1.02B | $41.82B | $6.29B | $3.21B |
| Q3 FY2024 | $12.89B+48.0% | $589.1M | $5.89B | $1.20B | $1.69B | $42.74B | $6.23B | $3.23B |
| Q1 FY2025 | $4.28B-66.8% | $148.6M | $1.96B | $385.1M | $547.1M | $41.90B | $6.41B | $2.85B |
| Q2 FY2025 | $8.68B+103.0% | $197.5M | $3.92B | $789.6M | $1.19B | $41.70B | $6.21B | $2.97B |
| Q3 FY2025 | $12.93B+49.0% | $-87.8M | $5.76B | $676.8M | $1.87B | $41.41B | $6.16B | $2.68B |
| Q1 FY2026 | $4.45B-65.6% | $125.1M | $1.99B | $301.2M | $567.8M | $41.40B | $6.40B | $2.43B |
Balance Sheet Summary (Latest Period)
Total Assets
$41.37B
Total Liabilities
$38.10B
Total Equity
$2.43B
Cash & Equivalents
$2.06B
Total Debt
$6.23B
Current Assets
$4.33B
Current Liabilities
$3.51B
Retained Earnings
$2.11B