MGM Resorts International (MGM) Change in Taxes (2012 - 2026)
MGM Resorts International (MGM) posted Change in Taxes of $105.0 million for Q2 2026, down 16.52% sequentially from $125.8 million in Q1 2026, and up 616.52% YoY from $14.7 million in Q2 2025.
MGM Resorts International (MGM) Change in Taxes (2012 - 2026) Analysis & Trends
MGM Resorts International has reported Change in Taxes for 15 years, with the latest figure at $105.0 million in Q2 2026.
- Quarterly Change in Taxes rose 616.52% year-over-year to $105.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $249.4 million (up 859.83% YoY) and the FY2025 annual result came in at $47.6 million, up 135.87% from the prior year.
- Change in Taxes retreated to $105.0 million in Q2 2026 per MGM's latest filing, from $125.8 million in the prior quarter.
- Over five years, Change in Taxes peaked at $161.2 million in Q4 2022 and troughed at -$183.0 million in Q2 2023.
- A 5-year average of $15.8 million and a median of $12.6 million in 2023 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2023 and 2025: Change in Taxes plunged 28909.48% in 2023, then jumped 3255.37% in 2025.
- Over 5 years, Change in Taxes stood at $161.2 million in 2022, then slumped by 85.5% to $23.4 million in 2023, then tumbled by 372.22% to -$63.6 million in 2024, then jumped by 37.39% to -$39.8 million in 2025, then jumped by 363.58% to $105.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $105.0 million, $125.8 million, and -$39.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | - |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 105.03 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | - |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | -8.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | - |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | -24.71 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | - |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | -573,000.00 |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | -800,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 105.03 Mn |
| Jun 30, 2026 | 105.03 Mn |
| Mar 31, 2026 | 125.81 Mn |
| Mar 31, 2026 | 125.81 Mn |
| Dec 31, 2025 | -39.85 Mn |
| Dec 31, 2025 | -39.85 Mn |
| Sep 30, 2025 | 58.42 Mn |
| Sep 30, 2025 | 58.42 Mn |
| Jun 30, 2025 | -20.33 Mn |
| Jun 30, 2025 | -20.33 Mn |
| Mar 31, 2025 | 49.41 Mn |
| Mar 31, 2025 | 49.41 Mn |
| Dec 31, 2024 | -63.64 Mn |
| Dec 31, 2024 | -63.64 Mn |
| Sep 30, 2024 | 1.74 Mn |
| Sep 30, 2024 | 1.74 Mn |
| Jun 30, 2024 | -123.89 Mn |
| Jun 30, 2024 | -123.89 Mn |
| Mar 31, 2024 | 52.95 Mn |
| Mar 31, 2024 | 52.95 Mn |