See more : Glacier Lake Resources Inc. (GLIIF) Income Statement Analysis – Financial Results
Complete financial analysis of MGM Resorts International (MGM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MGM Resorts International, a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
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MGM Resorts International (MGM)
About MGM Resorts International
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.16B | 13.13B | 9.68B | 5.16B | 12.90B | 11.76B | 10.80B | 9.46B | 9.19B | 10.08B | 9.81B | 9.16B | 7.85B | 6.02B | 5.98B | 7.21B | 7.69B | 7.18B | 6.48B | 4.24B | 3.91B | 4.03B | 4.01B | 3.52B | 1.39B | 773.90M | 827.60M | 804.80M | 721.80M | 742.20M | 57.80M | 50.00M | 146.90M | 176.50M | 213.00M | 207.90M |
| Cost of Revenue | 8.55B | 6.65B | 5.03B | 3.45B | 7.60B | 6.92B | 6.19B | 5.50B | 5.63B | 6.37B | 6.26B | 5.92B | 5.03B | 3.76B | 3.54B | 4.14B | 4.14B | 3.81B | 3.55B | 2.29B | 2.16B | 2.20B | 2.21B | 1.68B | 590.70M | 409.30M | 405.20M | 403.60M | 386.10M | 405.30M | 104.90M | 34.70M | 100.70M | 139.20M | 154.40M | 136.30M |
| Gross Profit | 7.61B | 6.47B | 4.65B | 1.71B | 5.30B | 4.84B | 4.60B | 3.96B | 3.56B | 3.71B | 3.55B | 3.24B | 2.82B | 2.26B | 2.44B | 3.07B | 3.55B | 3.36B | 2.93B | 1.95B | 1.75B | 1.84B | 1.80B | 1.84B | 801.00M | 364.60M | 422.40M | 401.20M | 335.70M | 336.90M | -47.10M | 15.30M | 46.20M | 37.30M | 58.60M | 71.60M |
| Gross Profit Ratio | 47.08% | 49.32% | 48.03% | 33.11% | 41.06% | 41.18% | 42.64% | 41.88% | 38.79% | 36.83% | 36.20% | 35.36% | 35.96% | 37.57% | 40.80% | 42.52% | 46.19% | 46.86% | 45.28% | 45.90% | 44.69% | 45.55% | 44.95% | 52.39% | 57.56% | 47.11% | 51.04% | 49.85% | 46.51% | 45.39% | -81.49% | 30.60% | 31.45% | 21.13% | 27.51% | 34.44% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.70B | 4.23B | 2.51B | 2.12B | 2.10B | 1.76B | 1.56B | 1.38B | 1.31B | 1.32B | 1.28B | 1.24B | 1.18B | 1.13B | 1.10B | 1.28B | 1.14B | 1.07B | 958.26M | 612.62M | 591.16M | 611.87M | 597.90M | 422.66M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 512.81M | 235.00M | 121.00M | 88.00M | 195.00M | 226.00M | 223.00M | 0.00 | 0.00 | 0.00 | 0.00 | 139.00M | 353.25M | 1.58B | 1.53B | 0.00 | 286.00M | 156.89M | 146.39M | 84.56M | 103.38M | 93.68M | 114.07M | 558.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.21B | 4.23B | 2.51B | 2.12B | 2.10B | 1.76B | 1.56B | 1.38B | 1.31B | 1.32B | 1.28B | 1.24B | 1.54B | 2.71B | 2.63B | 1.28B | 1.43B | 1.23B | 1.10B | 697.17M | 694.53M | 705.54M | 711.97M | 981.24M | 462.40M | 154.60M | 137.40M | 150.10M | 167.40M | 158.80M | 64.80M | 22.30M | 45.50M | 55.70M | 37.70M | 53.30M |
| Other Expenses | 0.00 | 3.96B | 1.58B | 1.67B | -901.53M | -18.14M | -48.24M | -72.70M | -15.97M | -7.80M | -9.06M | -608.36M | 817.15M | 633.42M | 689.27M | 1.92B | -737.80M | 375.46M | 473.11M | 291.55M | 332.65M | 380.97M | 438.68M | 324.44M | 128.80M | 78.50M | 65.40M | 64.50M | 58.70M | 48.30M | 11.30M | 11.60M | 15.60M | 15.80M | 11.70M | 9.80M |
| Operating Expenses | 5.72B | 8.19B | 4.09B | 3.79B | 1.20B | 3.51B | 3.03B | 2.68B | 2.47B | 2.41B | 2.36B | 2.40B | 2.35B | 3.34B | 3.31B | 3.19B | 688.56M | 1.60B | 1.58B | 988.72M | 1.03B | 1.09B | 1.15B | 1.31B | 591.20M | 233.10M | 202.80M | 214.60M | 226.10M | 207.10M | 76.10M | 33.90M | 61.10M | 71.50M | 49.40M | 63.10M |
| Cost & Expenses | 14.23B | 14.84B | 9.12B | 7.25B | 8.80B | 10.43B | 9.22B | 8.18B | 8.10B | 8.78B | 8.62B | 8.33B | 7.38B | 7.10B | 6.85B | 7.34B | 4.83B | 5.42B | 5.12B | 3.28B | 3.19B | 3.28B | 3.36B | 2.98B | 1.18B | 642.40M | 608.00M | 618.20M | 612.20M | 612.40M | 181.00M | 68.60M | 161.80M | 210.70M | 203.80M | 199.40M |
| Interest Income | 0.00 | 519.95M | 738.59M | 676.38M | 847.93M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.30M | 16.52M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 460.29M | 594.95M | 799.59M | 676.38M | 847.93M | 769.51M | 668.75M | 694.77M | 797.58M | 817.06M | 857.35M | 1.12B | 1.09B | 1.11B | 775.43M | 609.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 814.13M | 3.92B | 1.34B | 1.39B | 1.38B | 1.18B | 993.48M | 849.53M | 819.88M | 815.77M | 849.23M | 927.70M | 817.15M | 633.42M | 689.27M | 788.86M | 704.63M | 650.82M | 593.89M | 434.26M | 448.76M | 427.15M | 421.23M | 324.44M | 128.80M | 78.50M | 65.40M | 64.50M | 58.70M | 48.30M | 11.30M | 11.60M | 15.60M | 15.80M | 11.70M | 9.80M |
| EBITDA | 2.75B | 1.77B | 1.71B | 558.86M | 2.72B | 2.51B | 2.57B | 2.80B | 571.22M | 2.12B | 2.04B | 309.84M | 4.74B | -469.02M | -547.89M | 718.53M | 3.57B | 2.41B | 1.87B | 1.31B | 1.16B | 1.16B | 1.05B | 862.90M | 338.44M | 209.71M | 256.40M | 193.90M | 168.30M | 178.10M | -111.90M | -7.00M | 700.00K | -18.40M | 20.90M | 18.30M |
| EBITDA Ratio | 17.00% | 12.71% | 18.41% | -19.82% | 40.89% | 22.02% | 24.38% | 26.76% | 22.58% | 20.68% | 19.56% | 11.11% | 62.10% | -8.73% | -4.39% | 24.20% | 30.53% | 30.27% | 28.85% | 30.86% | 28.80% | 28.55% | 28.66% | 24.52% | 24.39% | 25.73% | 37.83% | 37.87% | 23.84% | 23.21% | -214.71% | -47.00% | -1.36% | -10.71% | -4.79% | 8.37% |
| Operating Income | 1.89B | -1.81B | 631.33M | -2.08B | 3.94B | 1.47B | 1.71B | 2.08B | -156.23M | 1.32B | 1.11B | 80.53M | 4.06B | -1.16B | -963.88M | -129.60M | 2.86B | 1.76B | 1.36B | 950.86M | 713.07M | 766.76M | 627.90M | 537.72M | 209.80M | 131.50M | 219.60M | 186.60M | 109.60M | 129.80M | -123.20M | -18.60M | -14.90M | -34.20M | 9.20M | 8.50M |
| Operating Income Ratio | 11.70% | -13.82% | 6.52% | -40.37% | 30.55% | 12.49% | 15.86% | 22.00% | -1.70% | 13.13% | 11.33% | 0.88% | 51.69% | -19.25% | -16.12% | -1.80% | 37.23% | 24.50% | 20.94% | 22.44% | 18.24% | 19.02% | 15.66% | 15.28% | 15.08% | 16.99% | 26.53% | 23.19% | 15.18% | 17.49% | -213.15% | -37.20% | -10.14% | -19.38% | 4.32% | 4.09% |
| Total Other Income/Expenses | -418.73M | -535.57M | -816.90M | -869.05M | -1.09B | -835.48M | -751.74M | -819.02M | -890.01M | -912.65M | -1.05B | -1.81B | -1.23B | -2.59B | -1.05B | -539.39M | -705.50M | -780.32M | -690.12M | -395.05M | -369.41M | -288.61M | -396.04M | -296.62M | -59.72M | -22.05M | -10.70M | -30.30M | -3.80M | 5.80M | 12.20M | 16.50M | 2.70M | -500.00K | 30.50M | -1.90M |
| Income Before Tax | 1.47B | 903.80M | 1.46B | -1.51B | 2.85B | 634.01M | 960.79M | 1.26B | -1.05B | 410.89M | 87.77M | -1.73B | 2.83B | -2.22B | -2.01B | -668.99M | 2.16B | 977.93M | 678.90M | 555.82M | 353.70M | 466.31M | 277.59M | 275.04M | 150.10M | 109.50M | 180.30M | 99.10M | 105.80M | 135.60M | -111.00M | -2.10M | -12.20M | -34.70M | 39.70M | 6.60M |
| Income Before Tax Ratio | 9.11% | 6.88% | 15.10% | -29.28% | 22.07% | 5.39% | 8.90% | 13.32% | -11.38% | 4.08% | 0.89% | -18.93% | 36.07% | -36.82% | -33.66% | -9.28% | 28.06% | 13.63% | 10.47% | 13.11% | 9.05% | 11.57% | 6.92% | 7.82% | 10.79% | 14.15% | 21.79% | 12.31% | 14.66% | 18.27% | -192.04% | -4.20% | -8.30% | -19.66% | 18.64% | 3.17% |
| Income Tax Expense | 157.84M | 697.07M | 253.42M | -191.57M | 632.35M | 50.11M | -1.13B | 22.30M | -6.59M | 283.71M | 31.26M | -117.30M | -403.31M | -778.63M | -720.91M | 186.30M | 757.88M | 341.93M | 235.64M | 205.96M | 116.59M | 173.55M | 107.00M | 108.88M | 55.00M | 40.60M | 65.00M | 24.60M | 63.00M | 55.30M | -5.60M | 1.50M | -2.70M | -11.10M | 14.10M | 2.30M |
| Net Income | 1.14B | 206.73M | 1.25B | -1.32B | 2.05B | 466.77M | 1.95B | 1.10B | -447.72M | -149.87M | -156.61M | -1.77B | 3.11B | -1.44B | -1.29B | -855.29M | 1.58B | 648.26M | 443.26M | 412.33M | 243.70M | 292.44M | 169.82M | 160.74M | 86.00M | 68.90M | 111.10M | 43.70M | 46.60M | 74.50M | -117.60M | -20.10M | -12.20M | -23.60M | 25.60M | 4.30M |
| Net Income Ratio | 7.07% | 1.57% | 12.96% | -25.57% | 15.89% | 3.97% | 18.08% | 11.65% | -4.87% | -1.49% | -1.60% | -19.30% | 39.68% | -23.88% | -21.61% | -11.86% | 20.60% | 9.03% | 6.84% | 9.73% | 6.23% | 7.25% | 4.24% | 4.57% | 6.18% | 8.90% | 13.42% | 5.43% | 6.46% | 10.04% | -203.46% | -40.20% | -8.30% | -13.37% | 12.02% | 2.07% |
| EPS | 3.22 | 0.51 | 2.44 | -2.67 | 3.90 | 0.86 | 3.38 | 1.94 | -0.82 | -0.31 | -0.32 | -3.62 | 6.37 | -3.19 | -3.41 | -3.06 | 5.52 | 2.29 | 1.56 | 1.48 | 0.82 | 0.93 | 0.53 | 0.56 | 0.37 | 0.31 | 0.48 | 0.21 | 0.24 | 0.38 | -0.62 | -0.12 | -0.10 | -0.23 | 0.31 | 0.06 |
| EPS Diluted | 3.19 | 0.50 | 2.41 | -2.67 | 3.88 | 0.85 | 3.34 | 1.92 | -0.82 | -0.31 | -0.32 | -3.61 | 5.62 | -3.19 | -3.41 | -3.06 | 5.31 | 2.22 | 1.50 | 1.43 | 0.80 | 0.92 | 0.53 | 0.55 | 0.36 | 0.31 | 0.47 | 0.20 | 0.24 | 0.38 | -0.62 | -0.12 | -0.10 | -0.23 | 0.31 | 0.06 |
| Weighted Avg Shares Out | 354.93M | 409.20M | 481.93M | 494.15M | 524.17M | 544.25M | 572.25M | 568.13M | 542.87M | 489.77M | 489.37M | 488.31M | 488.65M | 450.45M | 378.51M | 279.82M | 286.81M | 283.08M | 279.08M | 278.60M | 297.19M | 315.62M | 320.41M | 289.63M | 232.59M | 222.41M | 231.46M | 208.10M | 194.18M | 195.95M | 189.68M | 167.50M | 122.00M | 100.43M | 83.93M | 71.67M |
| Weighted Avg Shares Out (Dil) | 358.63M | 412.99M | 487.36M | 494.15M | 527.65M | 549.54M | 578.80M | 573.32M | 542.87M | 490.88M | 489.66M | 488.99M | 560.90M | 450.45M | 378.51M | 279.82M | 298.28M | 292.01M | 290.24M | 288.34M | 304.62M | 319.88M | 320.41M | 294.94M | 239.05M | 226.06M | 236.38M | 218.50M | 197.33M | 195.95M | 189.68M | 167.50M | 122.00M | 100.43M | 83.93M | 71.67M |
MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
LAS VEGAS , Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will...
MGM Resorts International and MGM China to Speak at Leveraged Finance Conference
LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the 2024 Bank of America Leveraged Finance Conference on Tuesday, December 3, 2024. Senior leadership from MGM Resorts International...
MGM (MGM) Up 1.4% Since Last Earnings Report: Can It Continue?
MGM (MGM) reported earnings 30 days ago. What's next for the stock?
MGM RESORTS LEADS THE CHARGE AT LAS VEGAS GRAND PRIX WITH EXCLUSIVE EVENTS AND STAR POWER
Sold-Out Bellagio Fountain Club Headlines Race Weekend Experiences with Celebrity Chefs, Top Drivers, Stars and More Click here to download high-res images (credit: MGM Resorts) Click here to download b-roll from Bellagio Fountain Club, Fountain Walk, Boulevard Experience and Shoey...
BetMGM Rewards Points Now Combined Into Single, Digital Wallet
Streamlined nationwide access to digital bonuses, MGM Rewards Points, Marriott Bonvoy Points, and more JERSEY CITY, N.J. , Nov. 25, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today announced a major enhancement to its customer experience...
Here's Why Investors Should Retain MGM Resorts Stock for Now
MGM focuses on strategic partnerships and international expansion to drive growth. However, high costs are a concern.
Cisco and MGM Resorts International Sign Multi-Year Agreement
Bringing the Next Generation of Guest Experience to Las Vegas and Beyond News Summary: Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco to deliver next-generation guest experiences. Agreement gives MGM Resorts access to...
Why MGM Is A Buy: The Complete Guide
MGM Resorts International offers a compelling investment opportunity with strong momentum in 2025, driven by Las Vegas tourism, digital gaming, and new geographic developments. The company operates four segments: Las Vegas, Regionals, and China, and Digital. Key growth drivers include...
MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?
Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It's hard to believe, but the world's largest gaming destination, Macau, was only completely reopened in February of 2023 as...
MGM Resorts Teams with USO and American Airlines for 14th Annual Salute to the Troops at Mandalay Bay
More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS , Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations...
Source: https://incomestatements.info
Category: Stock Reports