# MGM Resorts International (MGM)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $13.01B  
**Price:** $46.91 (-0.51%)

> MGM Resorts International is a global gaming and entertainment company that owns and operates a portfolio of large-scale casino resort properties. The company focuses on integrated resorts that combine casinos with hotel accommodations, dining, retail, nightlife, and live entertainment, serving both leisure and business travelers. Its properties feature extensive meeting and convention spaces, positioning MGM Resorts International as a key player in the hospitality and events market. In addition to its prominent presence on the Las Vegas Strip, the company operates regional resorts in the United States and has an international footprint through its majority-owned operations in Macau. MGM Resorts International plays a significant role in the consumer cyclical sector, particularly in the resorts and casinos industry, providing diversified entertainment experiences, tourism infrastructure, and convention capacity to domestic and international markets. Headquartered in Las Vegas, Nevada, it continues to be a major operator in global hospitality and gaming services.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17.54B | — | $1.00B | $206M | — |
| 2024 | $17.24B | — | $1.49B | $747M | — |
| 2023 | $16.16B | — | $1.89B | $1.14B | — |
| 2022 | $13.13B | — | $1.44B | $1.47B | — |
| 2021 | $9.68B | — | $2.28B | $1.25B | — |
| 2020 | $5.16B | — | -$642M | -$1.03B | — |
| 2019 | $12.90B | — | $3.94B | $2.05B | — |
| 2018 | $11.76B | — | $1.47B | $467M | — |
| 2017 | $10.80B | — | $1.71B | $1.95B | — |
| 2016 | $9.48B | — | $2.08B | $1.10B | — |
| 2015 | $9.19B | — | -$156M | -$448M | — |
| 2014 | $10.08B | — | $1.32B | -$150M | — |
| 2013 | $9.81B | — | $1.14B | -$172M | — |
| 2012 | $9.16B | — | $121M | -$1.77B | — |
| 2011 | $7.85B | — | $4.06B | $3.11B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $41.37B | $38.10B | $2.43B | $2.06B | $6.23B |
| 2024 | $42.23B | $38.51B | $3.02B | $2.42B | $6.36B |
| 2023 | $42.37B | $38.00B | $3.81B | $2.93B | $6.34B |
| 2022 | $45.69B | $40.86B | $4.83B | $5.91B | $8.72B |
| 2021 | $40.90B | $34.83B | $6.07B | $4.70B | $12.77B |
| 2020 | $36.49B | $29.99B | $6.50B | $5.10B | $12.38B |
| 2019 | $33.88B | $21.11B | $7.73B | $2.33B | $11.17B |
| 2018 | $30.21B | $19.64B | $6.51B | $1.53B | $15.13B |
| 2017 | $29.16B | $17.47B | $7.58B | $1.50B | $12.91B |
| 2016 | $28.17B | $18.15B | $6.22B | $1.45B | $12.99B |
| 2015 | $25.22B | $17.44B | $5.12B | $1.67B | $12.70B |
| 2014 | $26.59B | $18.97B | $4.09B | $1.71B | $14.05B |
| 2013 | $26.08B | $18.22B | $4.22B | $1.80B | $13.45B |
| 2012 | $26.28B | $18.17B | $4.37B | $1.54B | $13.59B |
| 2011 | $27.77B | $17.88B | $6.09B | $1.87B | $13.47B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.53B | $1.07B | $1.46B |
| 2024 | $2.36B | $1.15B | $1.21B |
| 2023 | $2.69B | $932M | $1.76B |
| 2022 | $1.76B | $765M | $991M |
| 2021 | $1.37B | $491M | $883M |
| 2020 | -$1.49B | $271M | -$1.76B |
| 2019 | $1.81B | $739M | $1.07B |
| 2018 | $1.72B | $1.49B | $236M |
| 2017 | $2.21B | $1.86B | $342M |
| 2016 | $1.53B | $2.26B | -$729M |
| 2010 | $504M | $207M | $297M |
| 2009 | $588M | $137M | $451M |
| 2008 | $753M | $782M | -$29M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MGM)