MGM Resorts International (MGM) Capital Expenditures (2009 - 2026)
MGM Resorts International (MGM) posted Capital Expenditures of $241.4 million for Q2 2026, up 56.07% sequentially from $154.7 million in Q1 2026, and down 10.08% YoY from $268.4 million in Q2 2025.
MGM Resorts International (MGM) Capital Expenditures (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Capital Expenditures for 18 years, with the latest figure at $241.4 million in Q2 2026.
- Quarterly Capital Expenditures fell 10.08% year-over-year to $241.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $968.5 million (down 21.69% YoY) and the FY2025 annual result came in at $1.1 billion, down 7.1% from the prior year.
- Capital Expenditures advanced to $241.4 million in Q2 2026 per MGM's latest filing, from $154.7 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $404.0 million in Q4 2024 and troughed at $101.6 million in Q1 2022.
- A 5-year average of $239.6 million and a median of $239.8 million in 2024 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2026: Capital Expenditures soared 87.4% in 2023, then sank 32.18% in 2026.
- Over 5 years, Capital Expenditures stood at $308.5 million in 2022, then gained by 6.57% to $328.8 million in 2023, then increased by 22.89% to $404.0 million in 2024, then declined by 26.62% to $296.5 million in 2025, then dropped by 18.58% to $241.4 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $241.4 million, $154.7 million, and $296.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.72 Bn | 27.34 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 11.03 Bn | 8.49 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 10.35 Bn | 8.77 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Boyd Gaming | 6.07 Bn | 5.75 Bn | 766.76 Mn | 141.93 Mn |
| 5 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 167.00 Mn |
| 6 | Vail Resorts | 5.45 Bn | 5.08 Bn | - | 35.06 Mn |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn | 14.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 18.00 Mn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.93 Bn | 420.02 Mn | 139.78 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.61 Bn | 1.02 Bn | 97.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 241.38 Mn |
| Jun 30, 2026 | 241.38 Mn |
| Mar 31, 2026 | 154.66 Mn |
| Mar 31, 2026 | 154.66 Mn |
| Dec 31, 2025 | 296.46 Mn |
| Dec 31, 2025 | 296.46 Mn |
| Sep 30, 2025 | 275.99 Mn |
| Sep 30, 2025 | 275.99 Mn |
| Jun 30, 2025 | 268.44 Mn |
| Jun 30, 2025 | 268.44 Mn |
| Mar 31, 2025 | 228.04 Mn |
| Mar 31, 2025 | 228.04 Mn |
| Dec 31, 2024 | 404.02 Mn |
| Dec 31, 2024 | 404.02 Mn |
| Sep 30, 2024 | 336.25 Mn |
| Sep 30, 2024 | 336.25 Mn |
| Jun 30, 2024 | 238.24 Mn |
| Jun 30, 2024 | 238.24 Mn |
| Mar 31, 2024 | 172.08 Mn |
| Mar 31, 2024 | 172.08 Mn |