MGM Resorts International (MGM) Capital Expenditures (2009 - 2026)

MGM Resorts International's (MGM) quarterly Capital Expenditures came in at $154.7 million in Q1 2026, down 32.18% year-on-year from $228.0 million in Q1 2025, and down 47.83% quarter-over-quarter from $296.5 million in Q4 2025.

MGM Resorts International (MGM) Capital Expenditures (2009 - 2026) Analysis & Trends

MGM Resorts International has disclosed Capital Expenditures across 18 years of filings, most recently posting $154.7 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $154.7 million, down 32.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $995.6 million (down 17.49% YoY), and the FY2025 annual result was $1.1 billion, down 7.1% from the prior year.
  • Capital Expenditures came in at $154.7 million for Q1 2026 at MGM Resorts International, down from $296.5 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $404.0 million in Q4 2024 to a low of $101.6 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $238.2 million (2024), against an average of $239.5 million.
  • Across the five-year window, Capital Expenditures jumped 87.4% in 2023 and sank 32.18% in 2026, its largest moves.
  • MGM Resorts International's Capital Expenditures stood at $308.5 million in 2022, then increased by 6.57% to $328.8 million in 2023, then climbed by 22.89% to $404.0 million in 2024, then slipped by 26.62% to $296.5 million in 2025, then plunged by 47.83% to $154.7 million in 2026.
  • The last three Capital Expenditures figures came in at $154.7 million (Q1 2026), $296.5 million (Q4 2025), and $276.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Wynn Resorts 10.89 Bn 10.06 Bn 1.77 Bn 179.06 Mn
2 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
3 Boyd Gaming 6.48 Bn 6.47 Bn 742.51 Mn 155.18 Mn
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 96.00 Mn
5 Vail Resorts 5.17 Bn 5.17 Bn - 563,000.00
6 Hilton Grand Vacations 4.32 Bn 4.21 Bn 1.10 Bn 14.00 Mn
7 Red Rock Resorts 3.54 Bn 3.51 Bn 491.72 Mn 88.10 Mn
8 Marriott Vacations Worldwide 3.38 Bn 3.12 Bn 1.23 Bn 8.00 Mn
9 PENN Entertainment 2.84 Bn 2.13 Bn 971.20 Mn 54.20 Mn
10 MGM Resorts International - - 3.88 Bn 154.66 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 328.76 Mn
Dec 31, 2023 328.76 Mn