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| 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 |