MGM Resorts International (MGM) Capital Expenditures (2009 - 2026)
MGM Resorts International's Capital Expenditures came in at $221.66 million for Q3 2026, down 19.7% from $275.99 million a year earlier and down 8.2% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, MGM Resorts International reported Capital Expenditures of $914.16 million, down 22.3% year-over-year; for FY2025, it was $1.07 billion, down 7.1% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 31.6% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $1.15 billion in FY2024 (+23.5%), $931.81 million in FY2023 (+21.8%), $765.07 million in FY2022 (+55.9%) and $490.7 million in FY2021 (+81.4%).
- The five-year range for quarterly Capital Expenditures is $101.58 million (Q1 2022) to $404.02 million (Q4 2024).
- Year-over-year, Capital Expenditures has declined for five consecutive quarters, with an average decline of 4.8% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q2 2023 (growth of 87.4%), and the weakest in Q1 2026 (a decline of 32.2%).
- Business Quant data shows MGM's Capital Expenditures at $241.38 million (Q2 2026), $154.66 million (Q1 2026) and $296.46 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 281.00 Mn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | 20.00 Mn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 288.76 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | 4.59 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | 201.60 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | 221.66 Mn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 36,000.00 |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 90.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 59.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn | 172.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 221.66 Mn |
| Jun 30, 2026 | 241.38 Mn |
| Mar 31, 2026 | 154.66 Mn |
| Dec 31, 2025 | 296.46 Mn |
| Sep 30, 2025 | 275.99 Mn |
| Jun 30, 2025 | 268.44 Mn |
| Mar 31, 2025 | 228.04 Mn |
| Dec 31, 2024 | 404.02 Mn |
| Sep 30, 2024 | 336.25 Mn |
| Jun 30, 2024 | 238.24 Mn |
| Mar 31, 2024 | 172.08 Mn |
| Dec 31, 2023 | 328.76 Mn |
| Sep 30, 2023 | 209.76 Mn |
| Jun 30, 2023 | 253.48 Mn |
| Mar 31, 2023 | 139.82 Mn |
| Dec 31, 2022 | 308.50 Mn |
| Sep 30, 2022 | 219.73 Mn |
| Jun 30, 2022 | 135.26 Mn |
| Mar 31, 2022 | 101.58 Mn |
| Dec 31, 2021 | 168.56 Mn |
API Access
MGM Resorts International Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();