MGM Resorts International (MGM) EBIT (2009 - 2026)
MGM Resorts International's EBIT came in at $503.64 million for Q2 2026, up 24.5% from $404.57 million a year earlier and up 67.2% from the prior quarter.
MGM Resorts International (MGM) EBIT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported EBIT of $1.02 billion, down 27.1% year-over-year; for FY2025, it was $1 billion, down 32.8% from FY2024.
- Going back by year, EBIT was $1.49 billion in FY2024 (-21.2%), $1.89 billion in FY2023 (+31.4%), $1.44 billion in FY2022 (-36.8%) and $2.28 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly EBIT since Q1 2023.
- Year-over-year, EBIT increased in two of the last seven quarters, with an average decline of 7.4%.
- The fastest year-over-year change in EBIT over five years came in Q2 2022 (growth of 802.9%), and the weakest in Q2 2023 (a decline of 84.4%).
- Business Quant data shows MGM's EBIT at $301.24 million (Q1 2026), $325.01 million (Q4 2025) and -$112.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 618.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -144.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 32.15 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 503.64 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 513.00 Mn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 160.00 Mn |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 357.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 503.64 Mn |
| Mar 31, 2026 | 301.24 Mn |
| Dec 31, 2025 | 325.01 Mn |
| Sep 30, 2025 | -112.85 Mn |
| Jun 30, 2025 | 404.57 Mn |
| Mar 31, 2025 | 385.06 Mn |
| Dec 31, 2024 | 291.57 Mn |
| Sep 30, 2024 | 314.86 Mn |
| Jun 30, 2024 | 425.66 Mn |
| Mar 31, 2024 | 458.38 Mn |
| Dec 31, 2023 | 419.34 Mn |
| Sep 30, 2023 | 369.94 Mn |
| Jun 30, 2023 | 371.38 Mn |
| Mar 31, 2023 | 730.84 Mn |
| Dec 31, 2022 | -1.90 Mn |
| Sep 30, 2022 | -1.05 Bn |
| Jun 30, 2022 | 2.38 Bn |
| Mar 31, 2022 | 105.79 Mn |
| Dec 31, 2021 | 368.85 Mn |
| Sep 30, 2021 | 1.89 Bn |
MGM Resorts International EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();