MGM Resorts International (MGM) EBIT Margin (2009 - 2026)
MGM Resorts International (MGM) reported EBIT Margin of 11.32% for Q2 2026, up 2.13 percentage points from 9.18% a year earlier and up 4.55 percentage points from the prior quarter.
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Analysis
MGM Resorts International (MGM) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MGM Resorts International's EBIT Margin came in at 5.73%, down 2.38 percentage points year-over-year; for FY2025, it was 5.71%, down 2.93 percentage points from FY2024.
- EBIT Margin has a five-year change of +18.16 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 8.65% in FY2024 (-3.06 pp), 11.70% in FY2023 (+0.74 pp), 10.96% in FY2022 (-12.58 pp) and 23.54% in FY2021 (+35.99 pp).
- The Q2 2026 figure ranks as the highest quarterly EBIT Margin since Q1 2023.
- Year over year, EBIT Margin gained in two of the last eight quarters, with an average year-over-year change of -2.09 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q3 2021 (a gain of 113.89 percentage points); the low point was Q3 2022 (a drop of 100.53 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.76% (Q1 2026), 7.06% (Q4 2025) and -2.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 19.59% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -3.33% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 11.53% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 11.32% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 17.14% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 23.39% |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 36.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.32% |
| Mar 31, 2026 | 6.76% |
| Dec 31, 2025 | 7.06% |
| Sep 30, 2025 | -2.66% |
| Jun 30, 2025 | 9.18% |
| Mar 31, 2025 | 9.00% |
| Dec 31, 2024 | 6.71% |
| Sep 30, 2024 | 7.53% |
| Jun 30, 2024 | 9.84% |
| Mar 31, 2024 | 10.46% |
| Dec 31, 2023 | 9.58% |
| Sep 30, 2023 | 9.31% |
| Jun 30, 2023 | 9.42% |
| Mar 31, 2023 | 18.87% |
| Dec 31, 2022 | -0.05% |
| Sep 30, 2022 | -30.62% |
| Jun 30, 2022 | 72.94% |
| Mar 31, 2022 | 3.71% |
| Dec 31, 2021 | 12.07% |
| Sep 30, 2021 | 69.91% |
API Access
MGM Resorts International EBIT Margin 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-margin&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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-margin&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();