MGM Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . MGM Resorts International
MGM Stock  USD 38.01  0.50  1.33%   
MGM Resorts financial statements provide useful quarterly and yearly information to potential MGM Resorts International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MGM Resorts financial statements helps investors assess MGM Resorts' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MGM Resorts' valuation are summarized below:
Gross Profit
6.5 B
Profit Margin
0.0524
Market Capitalization
11.2 B
Enterprise Value Revenue
2.3289
Revenue
17.2 B
There are over one hundred nineteen available fundamental ratios for MGM Resorts, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to check MGM Resorts' last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself next year. As of the 22nd of November 2024, Market Cap is likely to grow to about 15.5 B. Also, Enterprise Value is likely to grow to about 21.1 B

MGM Resorts Total Revenue

16.97 Billion

Check MGM Resorts financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGM Resorts' main balance sheet or income statement drivers, such as Depreciation And Amortization of 693.3 M, Interest Expense of 502.6 M or Total Revenue of 17 B, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 3.0E-4 or PTB Ratio of 4.37. MGM financial statements analysis is a perfect complement when working with MGM Resorts Valuation or Volatility modules.
  
Check out the analysis of MGM Resorts Correlation against competitors.

MGM Resorts Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets44.5 B42.4 B30.9 B
Slightly volatile
Short and Long Term Debt Total33.2 B31.6 B17.9 B
Slightly volatile
Other Current Liabilities2.3 B2.2 B1.8 B
Slightly volatile
Total Current Liabilities1.6 B3.1 B2.5 B
Slightly volatile
Total Stockholder Equity3.6 B3.8 B5.1 B
Pretty Stable
Property Plant And Equipment Net31 B29.5 B19.6 B
Slightly volatile
Net Debt30.1 B28.7 B15.3 B
Slightly volatile
Cash3.1 B2.9 B2.5 B
Slightly volatile
Non Current Assets Total39.3 B37.5 B27.2 B
Slightly volatile
Cash And Short Term Investments3.1 B2.9 B2.5 B
Slightly volatile
Net Receivables1.1 B1.1 B677.6 M
Slightly volatile
Common Stock Shares Outstanding370.4 M358.6 M466.5 M
Very volatile
Liabilities And Stockholders Equity44.5 B42.4 B30.9 B
Slightly volatile
Non Current Liabilities Total36.6 B34.9 B20.1 B
Slightly volatile
Inventory80.3 M141.7 M99 M
Slightly volatile
Other Current Assets809 M770.5 M371.5 M
Slightly volatile
Other Stockholder Equity36.6 M38.5 M3.1 B
Slightly volatile
Total Liabilities39.9 B38 B22.7 B
Slightly volatile
Total Current Assets5.2 B4.9 B3.7 B
Slightly volatile
Short Term Debt79.9 M84.2 M367 M
Pretty Stable
Intangible Assets1.8 B1.7 B3.4 B
Slightly volatile
Accounts Payable484.8 M461.7 M250.1 M
Slightly volatile
Property Plant And Equipment Gross36.4 B34.7 B17.9 B
Slightly volatile
Common Stock Total Equity4.3 M4.4 M4.7 M
Pretty Stable
Common Stock4.3 M3.3 M4.6 M
Very volatile
Other Liabilities3.8 B3.6 B1.9 B
Slightly volatile
Other Assets1.2 B1.2 B611.2 M
Slightly volatile
Long Term Debt11.8 B6.3 B11.6 B
Pretty Stable
Good Will5.4 B5.2 B2.8 B
Slightly volatile
Property Plant Equipment17.3 B34.2 B18.7 B
Slightly volatile
Current Deferred Revenue441.6 M566.2 M393.5 M
Slightly volatile
Long Term Debt Total10 B6.7 B12 B
Slightly volatile
Deferred Long Term Liabilities1.8 B2.7 B2.3 B
Pretty Stable
Non Current Liabilities Other298.6 M542.7 M273.3 M
Slightly volatile
Long Term Investments228.8 M240.8 M1.1 B
Slightly volatile
Short and Long Term Debt57.2 M60.2 M628.7 M
Slightly volatile
Warrants99 M182.1 M68.8 M
Slightly volatile
Cash And Equivalents3.5 B6.8 B2.8 B
Slightly volatile
Net Invested Capital14 B10.2 B18.7 B
Slightly volatile
Capital Stock3.6 M3.3 M4.8 M
Slightly volatile
Capital Lease Obligations16.5 B25.2 B8.7 B
Slightly volatile

MGM Resorts Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization693.3 M814.1 M1.1 B
Slightly volatile
Total Revenue17 B16.2 B10.2 B
Slightly volatile
Gross Profit7.1 B6.8 B4.2 B
Slightly volatile
Other Operating Expenses15.3 B14.6 B9.3 B
Slightly volatile
EBITDA1.4 B2.4 B2.2 B
Very volatile
Cost Of Revenue9.8 B9.4 B6 B
Slightly volatile
Total Operating Expenses6 B5.7 B3.4 B
Slightly volatile
Selling General Administrative4.9 B4.7 B2.1 B
Slightly volatile
Selling And Marketing Expenses390.3 M512.8 M262.3 M
Very volatile
Interest Income633.4 M556.6 M792.9 M
Slightly volatile
Reconciled Depreciation1.8 B2 B1.3 B
Slightly volatile
Extraordinary Items1.1 B1.3 B1.4 B
Slightly volatile

MGM Resorts Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation57.8 M73.6 M57 M
Slightly volatile
Begin Period Cash Flow6.3 B6 B2.6 B
Slightly volatile
Depreciation686.4 M814.1 M1.1 B
Slightly volatile
Capital Expenditures738.6 M931.8 M885.3 M
Pretty Stable
End Period Cash Flow3.2 B3 B2.5 B
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.930.98111.326
Slightly volatile
Dividend Yield3.0E-43.0E-40.0091
Slightly volatile
PTB Ratio4.374.1612.4995
Slightly volatile
Days Sales Outstanding35.1924.174427.0545
Pretty Stable
Book Value Per Share8.8512.305416.5103
Pretty Stable
Stock Based Compensation To Revenue0.00520.00460.0066
Pretty Stable
Capex To Depreciation1.091.14461.0403
Pretty Stable
PB Ratio4.374.1612.4995
Slightly volatile
EV To Sales4.292.75582.878
Slightly volatile
Inventory Turnover53.066.119657.1522
Very volatile
Days Of Inventory On Hand11.015.52036.818
Slightly volatile
Payables Turnover17.0620.288825.8349
Slightly volatile
Sales General And Administrative To Revenue0.310.29080.2004
Slightly volatile
Capex To Revenue0.05480.05760.0906
Pretty Stable
Cash Per Share8.668.24915.5925
Slightly volatile
Days Payables Outstanding22.9917.990215.1121
Slightly volatile
Intangibles To Total Assets0.170.16260.196
Pretty Stable
Net Debt To EBITDA12.5711.967111.4795
Pretty Stable
Current Ratio2.061.57091.4348
Slightly volatile
Receivables Turnover18.4815.098615.5738
Pretty Stable
Graham Number29.2827.883721.9259
Pretty Stable
Shareholders Equity Per Share6.8710.737910.4502
Slightly volatile
Debt To Equity1.491.66452.0785
Pretty Stable
Capex Per Share1.522.62541.7656
Pretty Stable
Revenue Per Share47.8245.542622.1996
Slightly volatile
Interest Debt Per Share15.6319.170523.8192
Very volatile
Debt To Assets0.140.14970.3719
Slightly volatile
Enterprise Value Over EBITDA10.1718.582320.7486
Very volatile
Short Term Coverage Ratios1.171.2319.5364
Pretty Stable
Operating Cycle45.8929.694733.8519
Pretty Stable
Price Book Value Ratio4.374.1612.4995
Slightly volatile
Days Of Payables Outstanding22.9917.990215.1121
Slightly volatile
Company Equity Multiplier11.6711.11696.1015
Slightly volatile
Long Term Debt To Capitalization0.450.62470.6246
Very volatile
Total Debt To Capitalization0.460.62470.6354
Very volatile
Debt Equity Ratio1.491.66452.0785
Pretty Stable
Quick Ratio1.991.52551.3913
Slightly volatile
Cash Ratio1.430.93660.972
Slightly volatile
Cash Conversion Cycle11.1211.704518.6636
Slightly volatile
Days Of Inventory Outstanding11.015.52036.818
Slightly volatile
Days Of Sales Outstanding35.1924.174427.0545
Pretty Stable
Price To Book Ratio4.374.1612.4995
Slightly volatile
Fixed Asset Turnover0.610.54840.5675
Slightly volatile
Enterprise Value Multiple10.1718.582320.7486
Very volatile
Debt Ratio0.140.14970.3719
Slightly volatile
Price Sales Ratio0.930.98111.326
Slightly volatile
Asset Turnover0.420.38150.363
Slightly volatile
Gross Profit Margin0.30.42050.3912
Slightly volatile
Price Fair Value4.374.1612.4995
Slightly volatile

MGM Resorts Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.5 B14.7 B13 B
Slightly volatile
Enterprise Value21.1 B20.1 B20.1 B
Slightly volatile

MGM Fundamental Market Drivers

Forward Price Earnings14.6199
Cash And Short Term Investments2.9 B

MGM Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MGM Resorts Financial Statements

MGM Resorts investors utilize fundamental indicators, such as revenue or net income, to predict how MGM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue566.2 M441.6 M
Total Revenue16.2 B17 B
Cost Of Revenue9.4 B9.8 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.29  0.31 
Capex To Revenue 0.06  0.05 
Revenue Per Share 45.54  47.82 
Ebit Per Revenue 0.12  0.12 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
How To Invest In MGM
Details
Is MGM Stock a good investment?
Details
What is MGM Resorts' Net Worth?
Details
Largest Hotels, Restaurants & Leisure Companies
View
Largest Consumer Services Companies
View
Check out the analysis of MGM Resorts Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.326
Earnings Share
2.79
Revenue Per Share
54.26
Quarterly Revenue Growth
0.053
Return On Assets
0.0254
The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY