MGM Resorts International
Company Stats
- Market Cap
- $7.8B
- as of Sep 30, 2026
- Enterprise Value
- $12.0B
- Shares Outstanding
- 253.0M
- Free Float
- 49.0%
Income Statement
- Revenue
- $17.5B
- Operating Income
- $1.0B
- Net Income
- $205.9M
- EBITDA
- $2.0B
- Non-cash Impairment
- $278.9M
- Revenue Growth, 3Y
- 10.1%
- FCF Margin, 3Y Avg
- 8.7%
- FCF Margin, Worst Year
- 7.0%
Cash Flow
- Free Cash Flow
- $1.5B
- FCF Yield
- 18.7%
- Owner FCF Yield
- 17.5%
Balance Sheet
- Cash & Equivalents
- $2.1B
- Total Debt
- $6.3B
- Net Debt
- $4.2B
- Net Debt / EBITDA
- 2.08x
- EV / EBITDA
- 5.95x
- Net Debt / EBIT
- 4.19x
Returns & Capital
- Share Repurchases
- $1.2B
- Buyback Yield, 3Y Avg
- 20.8%
- SBC, 3Y Avg
- $81.4M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $17.5B | $1.5B | 8.3% |
| FY2024 | $17.2B | $1.2B | 7.0% |
| FY2023 | $16.2B | $1.8B | 10.9% |
| FY2022 | $13.1B | $991.4M | 7.6% |
| FY2021 | $9.7B | $882.7M | 9.1% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges