MGM Resorts International (MGM) Acquisitions (2016 - 2024)
MGM Resorts International (MGM) reported Acquisitions of $113.4 million for Q3 2024, down 7.1% on a YoY basis from $122.1 million in Q4 2023, and up 22993.89% sequentially from $491000.0 in Q1 2024.
MGM Resorts International (MGM) Acquisitions (2016 - 2024) Analysis & Trends
MGM Resorts International (MGM) has 7 years of Acquisitions data on file, last reported at $113.4 million in Q3 2024.
- For the quarter ending Q3 2024, Acquisitions fell 7.1% year-over-year to $113.4 million; the trailing twelve-month figure through Jun 2025 stood at $113.4 million (down 7.47% YoY), and the FY2024 full-year result was $113.9 million, down 6.7% from the prior year.
- Acquisitions advanced to $113.4 million in Q3 2024, from $491000.0 in the prior quarter.
- In the past five years, Acquisitions ranged from a high of $1.8 billion in Q3 2021 to a low of -$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.
- Across the five-year window, Acquisitions plunged 83.69% in 2022 and fell 7.1% in 2024, its largest moves.
- Tracing MGM's Acquisitions over 4 years: stood at $1.8 billion in 2021, then plunged by 100.02% to -$430000.0 in 2022, then jumped by 28485.58% to $122.1 million in 2023, then slipped by 7.1% to $113.4 million in 2024.
- Business Quant data shows MGM's Acquisitions at $113.4 million in Q3 2024, $491000.0 in Q1 2024, and $122.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | - |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | - |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | - |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | - |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | - |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | - |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
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 | 33.80 Mn |
| Dec 31, 2016 | -550.98 Mn |