MGM Market Capitalization from 2010 to 2024
MGM Stock | USD 37.80 0.21 0.55% |
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.
MGM | Market Capitalization |
Latest MGM Resorts' Market Capitalization Growth Pattern
Below is the plot of the Market Cap of MGM Resorts International over the last few years. It is MGM Resorts' Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGM Resorts' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 11.25 B | 10 Years Trend |
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Market Cap |
Timeline |
MGM Market Capitalization Regression Statistics
Arithmetic Mean | 12,985,790,107 | |
Geometric Mean | 9,888,531,865 | |
Coefficient Of Variation | 40.14 | |
Mean Deviation | 4,186,178,551 | |
Median | 16,379,303,220 | |
Standard Deviation | 5,212,984,322 | |
Sample Variance | 27175205.5T | |
Range | 16.2B | |
R-Value | 0.77 | |
Mean Square Error | 11807419.1T | |
R-Squared | 0.60 | |
Significance | 0.0007 | |
Slope | 900,310,322 | |
Total Sum of Squares | 380452877.5T |
MGM Market Capitalization History
About MGM Resorts Financial Statements
MGM Resorts investors utilize fundamental indicators, such as Market Capitalization, 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.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. MGM Resorts operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 52000 people.
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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.
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.