MGM RESORTS INTERNATIONAL (MGM) — Analysis Summary
MGM RESORTS INTERNATIONAL (MGM) has a market cap of $10.64B with year-over-year revenue growth of +1.7%. Net margin stands at 1.2%. The stock trades at a P/E ratio of 25.0.
Key Takeaways
- Revenue changed +1.7% year-over-year
- Net margin of 1.2%
- P/E ratio of 25.0
Compared to other companies in the HOTELS & MOTELS sector, MGM posted revenue growth of +1.7% and trades at a P/E of 25.0.
MGM RESORTS INTERNATIONAL (MGM)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsWatch List
Some caution signals are active and should be weighed alongside the valuation work.
Interest coverage at 2.5x — limited headroom for earnings decline
Operating margin (5.7%) exceeds gross margin (0.0%) — check for other operating income or data classification issues
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 include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
Sector
HOTELS & MOTELS
Employees
62,000
Headquarters
LAS VEGAS, NV
Exchange
XNYS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$0.01
Dividend Yield
0.02%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.