MGM Resorts International (MGM) Acquisitions (2016 - 2024)
MGM Resorts International (MGM) posted Acquisitions of $113.4 million for Q3 2024, up 22993.89% sequentially from $491000.0 in Q1 2024, and down 7.1% YoY from $122.1 million in Q4 2023.
MGM Resorts International (MGM) Acquisitions (2016 - 2024) Analysis & Trends
MGM Resorts International has reported Acquisitions for 8 years, with the latest figure at $113.4 million in Q3 2024.
- Quarterly Acquisitions fell 7.1% year-over-year to $113.4 million in Q3 2024, while the trailing twelve-month figure through Jun 2025 was $113.4 million (down 7.47% YoY) and the FY2024 annual result came in at $113.9 million, down 6.7% from the prior year.
- Acquisitions advanced to $113.4 million in Q3 2024 per MGM's latest filing, from $491000.0 in the prior quarter.
- Over five years, Acquisitions peaked at $1.8 billion in Q3 2021 and troughed at -$430000.0 in Q4 2022.
- A 4-year average of $386.2 million and a median of $117.7 million in 2023 frame the typical range for Acquisitions.
- The sharpest annual moves came in 2022 and 2024: Acquisitions slumped 83.69% in 2022, then decreased 7.1% in 2024.
- Over 4 years, Acquisitions stood at $1.8 billion in 2021, then tumbled by 100.02% to -$430000.0 in 2022, then jumped by 28485.58% to $122.1 million in 2023, then fell by 7.1% to $113.4 million in 2024.
- According to Business Quant data, Acquisitions over the past three periods registered $113.4 million, $491000.0, and $122.1 million for Q3 2024, Q1 2024, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | - |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | - |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | - |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 46.84 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | - |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | - |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | - |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 113.39 Mn |
| Mar 31, 2024 | 491,000.00 |
| Sep 30, 2023 | 122.06 Mn |
| Dec 31, 2022 | -430,000.00 |
| Sep 30, 2022 | 291.81 Mn |
| Sep 30, 2021 | 1.79 Bn |
| Mar 31, 2019 | 535.68 Mn |
| Dec 31, 2018 | -33.80 Mn |
| Sep 30, 2018 | 1.07 Bn |
| Dec 31, 2017 | -462.50 Mn |
| Dec 31, 2016 | 8.47 Mn |