MGM RESORTS INTERNATIONAL financials
$31.52−1.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.54B | $17.24B | $16.16B | $13.13B | $9.68B | $5.16B | $12.90B | $11.76B | $10.80B | $9.48B |
| Gross profit | $7.79B | $7.85B | $7.61B | $6.47B | $4.65B | $1.71B | $5.30B | $4.84B | $5.96B | $5.26B |
| Gross margin | 44.4% | 45.5% | 47.1% | 49.3% | 48.0% | 33.1% | 41.1% | 41.2% | 55.2% | 55.4% |
| Operating income | $931.8M | $1.58B | $1.95B | -$678.2M | $631.5M | -$2.18B | $1.14B | $1.32B | $1.57B | $1.12B |
| Net income | $205.9M | $746.6M | $1.14B | $1.47B | $1.18B | -$997.2M | $2.05B | $445.4M | $1.93B | $1.10B |
| Net margin | 1.2% | 4.3% | 7.1% | 11.2% | 12.1% | −19.3% | 15.9% | 3.8% | 17.9% | 11.6% |
| Diluted EPS | $0.76 | $2.40 | $3.19 | $3.49 | $2.41 | $-2.02 | $3.88 | $0.81 | $3.34 | $1.92 |
| EBITDA | $2.23B | $2.41B | $2.77B | $2.80B | $1.78B | -$966.8M | $2.45B | $2.50B | $2.52B | $2.11B |
| Operating cash flow | $2.53B | $2.36B | $2.69B | $1.76B | $1.37B | -$1.49B | $1.81B | $1.72B | $2.21B | $1.53B |
| Free cash flow | $1.46B | $1.21B | $1.76B | $991.4M | $882.7M | -$1.76B | $1.07B | $235.7M | $342.3M | -$728.5M |
| Diluted shares | 277.3M | 310.2M | 358.6M | 413.0M | 487.4M | 494.2M | 527.6M | 549.5M | 578.8M | 573.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.06B | $2.42B | $2.93B | $5.91B | $4.70B | $5.10B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $6.30B | $6.43B | $6.40B | $8.80B | $13.26B | $12.99B |
| Total assets | $41.37B | $42.23B | $42.37B | $45.69B | $40.90B | $36.49B |
| Total liabilities | $38.10B | $38.51B | $38.00B | $40.32B | $29.77B | $25.25B |
| Shareholders' equity | $3.25B | $3.69B | $4.33B | $5.21B | $10.98B | $11.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology