WYNN vs MLCO vs MGM Stock Comparison

Wynn Resorts, Melco Resorts & Entertainment and MGM Resorts International Prices as of Oct 28, 2026 Peers: Industry group
WYNN Wynn Resorts Ltd
$71.38 -11.3% 1M -40.9% 1Y
Market cap
$7.38B
P/E
16.3x
Revenue (TTM)
$7.41B
Div. yield
1.40%
Casinos Consumer Discretionary
5 wins
MGM MGM Resorts International
$27.26 -14.4% 1M -14.7% 1Y
Market cap
$6.86B
P/E
9.9x
Revenue (TTM)
$17.72B
Div. yield
–
Casinos Consumer Discretionary
4 wins

Head to Head

11 decided of 12

Wynn Resorts leads on 5 of the 12 questions below (Wynn Resorts 5, MGM Resorts International 4, Melco Resorts & Entertainment 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWYNNMLCOMGMLeader
Larger companyMarket capitalisation $7.38B $1.52B $6.86B WYNN
Cheaper on earningsLower P/E, profitable companies only 16.3x 6.3x 9.9x MLCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.5x 10.7x 17.8x MLCO
Faster revenue growthRevenue growth, trailing twelve months +6.4% +5.2% +2.6% WYNN
More profitableNet margin, trailing twelve months 6.1% 5.0% 3.9% WYNN
Better return on capitalReturn on invested capital 10.1% 9.4% 13.5% MGM
Less leveragedLower net debt / EBITDA 5.0x 30.2x 1.4x MGM
Higher dividend yieldTrailing dividend yield 1.40% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -40.9% -54.2% -14.7% MGM
Better 5-year returnAnnualised price return, 5 years -4.5%/yr -19.2%/yr -10.4%/yr WYNN
Less volatileAnnualised volatility, 1 year 32.1% 39.2% 39.1% WYNN
Higher overall scoreMean of the five percentile scores vs peers 59/100 72/100 73/100 MGM

Percentile Scorecard

WYNNMLCOMGM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWYNNMLCOMGM
Valuation 93 #4 of 44 95 #3 of 44 100 #1 of 44
Growth 74 #12 of 43 91 #5 of 43 55 #20 of 43
Profitability 71 #13 of 42 83 #8 of 42 59 #18 of 42
Financial Health 24 #36 of 47 20 #38 of 47 70 #15 of 47
Shareholder Returns 33 #19 of 28 – 82 #6 of 28
Overall 59 72 73
  • WYNN ranked among 48 companies in Gaming and Leisure
  • MLCO ranked among 48 companies in Gaming and Leisure
  • MGM ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWYNNMLCOMGMSPY
1 month -11.3%-20.1%-14.4% +0.9%
3 months -27.9%-34.4%-40.6% +5.9%
6 months -31.5%-32.2%-30.6% +8.5%
Year to date -40.7%-50.7%-25.3% +13.3%
1 year -40.9%-54.2%-14.7% +12.4%
3 years -18.2%-55.5%-20.4% +88.1%
3 years, per year -6.5%-23.7%-7.3% +23.5%
5 years -20.5%-65.6%-42.2% +68.2%
5 years, per year -4.5%-19.2%-10.4% +11.0%
10 years -24.2%-77.9%+4.6% +263.4%
10 years, per year -2.7%-14.0%+0.4% +13.8%

Risk

MeasureWYNNMLCOMGMSPY
Volatility, 1Y 32.1%39.2%39.1% 12.7%
Downside volatility, 1Y 31.7%46.6%35.2% 12.7%
Beta vs S&P 500, 1Y 0.890.670.85 1.00
Return / volatility, 1Y -1.27-1.38-0.38 0.98
Max drawdown, 5Y -46.9%-74.1%-49.3% -25.4%
From 52-week high -46.4%-60.3%-46.2% -0.9%
52-week high $133.09$9.39$50.69 $779.14
52-week low $71.38$3.73$27.26 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWYNNMLCOMGM
P/E now vs peer median 16.3xmedian 16.8x 6.3xmedian 16.8x 9.9xmedian 16.8x
P/S now vs peer median 1.0xmedian 1.9x 0.3xmedian 1.9x 0.4xmedian 1.9x
EV/EBITDA now vs peer median 9.0xmedian 10.2x 40.2xmedian 10.2x 4.3xmedian 10.2x
P/FCF now vs peer median 9.3xmedian 11.2x 3.0xmedian 11.2x 4.9xmedian 11.2x
P/B now vs peer median -8.1xmedian 2.2x 172.9xmedian 2.2x 2.0xmedian 2.2x
PEG now vs peer median 0.05median 0.44 0.18median 0.44 -2.18median 0.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWYNNMLCOMGM
Revenue $7.41B $4.69B $17.72B
Gross profit $2.30B $4.54B $7.73B
Operating income $1.17B $477.81M $1.25B
Net income $583.88M $196.16M $919.56M
Free cash flow $791.87M $506.29M $1.40B
R&D – $4.78M –
EPS (diluted) $4.36 $0.59 $2.75
Cash & equivalents $1.57B $454.26M $2.40B
Total debt $10.72B $5.07B $5.67B
Shares (diluted) 102.98M 400.63M 251.96M
Enterprise value $933.11M -$1.10B -$1.58B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWYNNMLCOMGM
P/E 16.3x 6.3x 9.9x
P/FCF 9.3x 3.0x 4.9x
P/Operating cash flow 5.1x 1.9x 3.0x
P/S 1.0x 0.3x 0.4x
P/B -8.1x 172.9x 2.0x
P/Tangible book -6.6x -8.7x 3.2x
EV/EBITDA 9.0x 40.2x 4.3x
EV/EBIT 14.2x 12.8x 8.1x
EV/Revenue 2.2x 1.3x 0.6x
EV/FCF 20.9x 12.1x 7.2x
EV/Operating cash flow 11.3x 7.8x 4.4x
PEG (3Y EPS CAGR) 0.05 0.18 -2.18

Growth

14 metrics
MetricWYNNMLCOMGM
Revenue growth (1Y) 6.4% 5.2% 2.6%
Revenue CAGR (3Y) 14.7% 35.8% 4.8%
Gross profit growth (1Y) 2.7% 5.4% 0.2%
Gross profit CAGR (3Y) -9.5% 35.9% 1.7%
Operating income growth (1Y) 12.8% 24.6% 28.9%
Operating income CAGR (3Y) 35.7% 53.5% -5.3%
Net income growth (1Y) 30.1% 914.5% 209.1%
Net income CAGR (3Y) 98.1% 32.2% -9.0%
EPS growth (1Y) 17.8% 347.7% 977.3%
EPS CAGR (3Y) 312.4% 34.2% -4.5%
Operating cash flow growth (1Y) 12.5% 3.7% -9.1%
Operating cash flow CAGR (3Y) 33.2% 84.2% -1.2%
Free cash flow growth (1Y) 6.5% -3.5% 2.2%
Free cash flow CAGR (3Y) 40.2% 38.1% -2.0%

Profitability

14 metrics
MetricWYNNMLCOMGM
Gross margin 31.0% 96.6% 43.6%
EBITDA margin 24.9% 3.3% 13.4%
Operating margin 15.7% 10.2% 7.0%
Pretax margin 9.4% 4.0% 4.2%
Net margin 6.1% 5.0% 3.9%
FCF margin 10.7% 10.8% 7.9%
Operating cash flow margin 19.7% 16.9% 13.1%
Return on equity – 1,233% 27.3%
Return on assets 4.5% 3.2% 2.3%
Return on invested capital 10.1% 9.4% 13.5%
Return on capital employed 11.5% 9.4% 3.4%
Asset turnover 0.6x 0.8x 0.4x
Cash conversion (OCF / net income) 2.5x 4.0x 2.5x
Stock comp / revenue 1.2% – 0.5%

Financial Health

11 metrics
MetricWYNNMLCOMGM
Debt / assets 81.5% 80.3% 14.4%
Debt / equity -11.8x 578.4x 1.7x
Net debt / EBITDA 5.0x 30.2x 1.4x
Debt / FCF 13.5x 10.0x 4.0x
Liabilities / assets 106.9% 99.9% 91.5%
Equity / assets -6.9% 0.1% 8.5%
Interest coverage 1.9x 1.4x 3.1x
Current ratio 0.9x 1.0x 1.2x
Quick ratio 0.7x 1.0x 1.0x
Cash ratio 0.5x 0.5x 0.7x
Altman Z-score 1.01 0.72 0.77

Shareholder Returns

7 metrics
MetricWYNNMLCOMGM
Dividend yield 1.4% – –
Net buyback yield 2.3% – 11.3%
Shareholder yield 3.7% 0.0% 11.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWYNNMLCOMGM
Forward P/E 16.5xFY2026 10.7xFY2026 17.8xFY2026
EPS, next fiscal year $4.32FY2026 $0.35FY2026 $1.53FY2026
EPS growth, next FY +3.1%FY2026 -23.9%FY2026 -53.8%FY2026
EPS growth, the year after -3.2% +57.1% +18.3%
Revenue, next fiscal year $7.74BFY2026 $5.39BFY2026 $18.44BFY2026
Revenue growth, next FY +8.5%FY2026 +4.4%FY2026 +5.1%FY2026
Revenue growth, the year after -7.2% -8.0% +0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWYNNMLCOMGM
Held by institutions 71.9% 25.7% 66.8%
Institutions holding 497 165 661
Change in shares held, QoQ +3.9% -6.1% +0.0%
Institutions buying 212 84 305
Institutions selling 192 49 235
Buyers to sellers 1.10 1.71 1.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WYNNMLCOMGM
WYNN 1.00 0.50 0.50
MLCO 0.50 1.00 0.31
MGM 0.50 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WYNN, MLCO and MGM?

Wynn Resorts (WYNN) is the largest by market capitalisation: Wynn Resorts (WYNN) $7.38B, Melco Resorts & Entertainment (MLCO) $1.52B, MGM Resorts International (MGM) $6.86B.

Which stock is cheaper, WYNN, MLCO and MGM?

Melco Resorts & Entertainment (MLCO) trades on the lowest price-to-earnings ratio (Wynn Resorts (WYNN) 16.3x, Melco Resorts & Entertainment (MLCO) 6.3x, MGM Resorts International (MGM) 9.9x). On next year's consensus earnings, Melco Resorts & Entertainment (MLCO) is cheapest (Wynn Resorts (WYNN) 16.5x, Melco Resorts & Entertainment (MLCO) 10.7x, MGM Resorts International (MGM) 17.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Wynn Resorts (WYNN) grew revenue fastest over the trailing twelve months: Wynn Resorts (WYNN) +6.4%, Melco Resorts & Entertainment (MLCO) +5.2%, MGM Resorts International (MGM) +2.6%.

Which company is more profitable?

Wynn Resorts (WYNN) has the highest net margin (Wynn Resorts (WYNN) 6.1%, Melco Resorts & Entertainment (MLCO) 5.0%, MGM Resorts International (MGM) 3.9%). On return on invested capital, MGM Resorts International (MGM) leads (Wynn Resorts (WYNN) 10.1%, Melco Resorts & Entertainment (MLCO) 9.4%, MGM Resorts International (MGM) 13.5%).

Which stock has performed better?

Over the past year MGM Resorts International (MGM) returned the most: Wynn Resorts (WYNN) -40.9%, Melco Resorts & Entertainment (MLCO) -54.2%, MGM Resorts International (MGM) -14.7%. Over five years, Wynn Resorts (WYNN) compounded fastest (Wynn Resorts (WYNN) -4.5%/yr, Melco Resorts & Entertainment (MLCO) -19.2%/yr, MGM Resorts International (MGM) -10.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Wynn Resorts (WYNN) 1.40%, Melco Resorts & Entertainment (MLCO) 0.00%, MGM Resorts International (MGM) 0.00%. Melco Resorts & Entertainment (MLCO) and MGM Resorts International (MGM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wynn Resorts (WYNN) has been the steadiest (Wynn Resorts (WYNN) 32.1%, Melco Resorts & Entertainment (MLCO) 39.2%, MGM Resorts International (MGM) 39.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WYNN, MLCO and MGM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Wynn Resorts (WYNN) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.