MGM Resorts International (MGM) Capital Expenditures (2009 - 2026)
MGM Resorts International (MGM) reported Capital Expenditures of $154.7 million for Q1 2026, down 32.18% on a YoY basis from $228.0 million in Q1 2025, and down 47.83% sequentially from $296.5 million in Q4 2025.
MGM Resorts International (MGM) Capital Expenditures (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of Capital Expenditures data on file, last reported at $154.7 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 32.18% year-over-year to $154.7 million; the trailing twelve-month figure through Mar 2026 stood at $995.6 million (down 17.49% YoY), and the FY2025 full-year result was $1.1 billion, down 7.1% from the prior year.
- Capital Expenditures fell to $154.7 million in Q1 2026, 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.
- A 5-year average of $239.5 million and a median of $238.2 million in 2024 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures jumped 87.4% in 2023 and tumbled 32.18% in 2026, its largest moves.
- Tracing MGM's Capital Expenditures over 5 years: stood at $308.5 million in 2022, then grew by 6.57% to $328.8 million in 2023, then advanced by 22.89% to $404.0 million in 2024, then decreased by 26.62% to $296.5 million in 2025, then sank by 47.83% to $154.7 million in 2026.
- Business Quant data shows MGM's Capital Expenditures at $154.7 million in Q1 2026, $296.5 million in Q4 2025, and $276.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 194.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 154.66 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 179.06 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 42.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 168.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 35.06 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 14.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 88.10 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |