MGM Resorts International (MGM) EBITDA (2009 - 2026)
MGM Resorts International's EBITDA came in at $785.95 million for Q2 2026, up 21.6% from $646.54 million a year earlier and up 39.1% from the prior quarter.
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Analysis
MGM Resorts International (MGM) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported EBITDA of $2.1 billion, down 9.3% year-over-year; for FY2025, it came in at $2.02 billion, down 13.0% from FY2024.
- EBITDA has declined in each of the last three years, though with a five-year compound annual growth rate of 28.9% (FY2020 to FY2025).
- Going back by year, EBITDA was $2.32 billion in FY2024 (-14.2%), $2.71 billion in FY2023 (-45.0%), $4.92 billion in FY2022 (+43.5%) and $3.43 billion in FY2021 (+503.6%).
- The Q2 2026 figure represents the highest quarterly EBITDA since Q1 2023.
- Year-over-year, EBITDA increased in three of the last eight quarters, with an average decline of 8.0%.
- The fastest year-over-year change in EBITDA over five years came in Q1 2022 (growth of 799.3%), and the weakest in Q3 2022 (a decline of 83.4%).
- Business Quant data shows MGM's EBITDA at $564.97 million (Q1 2026), $603.67 million (Q4 2025) and $147.87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.94 Bn | 11.04 Bn | 1.48 Bn | 1.01 Bn |
| 2 | Flutter Entertainment | 13.84 Bn | 7.21 Bn | 1.71 Bn | 255.00 Mn |
| 3 | DraftKings | 10.19 Bn | 5.85 Bn | 551.45 Mn | 12.17 Mn |
| 4 | Madison Square Garden Sports | 9.98 Bn | 9.58 Bn | 119.21 Mn | 32.94 Mn |
| 5 | Life Time Group Holdings | 9.17 Bn | 8.40 Bn | 412.26 Mn | 233.99 Mn |
| 6 | Wynn Resorts | 7.94 Bn | 2.23 Bn | 758.95 Mn | 473.82 Mn |
| 7 | MGM Resorts International | 7.33 Bn | -1.70 Bn | 1.98 Bn | 792.27 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 340.00 Mn |
| 9 | Caesars Entertainment | 5.93 Bn | 2.38 Bn | 1.50 Bn | 868.00 Mn |
| 10 | Churchill Downs | 5.80 Bn | 5.02 Bn | 419.00 Mn | 416.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 792.27 Mn |
| Mar 31, 2026 | 571.34 Mn |
| Dec 31, 2025 | 610.10 Mn |
| Sep 30, 2025 | 154.25 Mn |
| Jun 30, 2025 | 653.58 Mn |
| Mar 31, 2025 | 628.32 Mn |
| Dec 31, 2024 | 507.63 Mn |
| Sep 30, 2024 | 554.88 Mn |
| Jun 30, 2024 | 624.32 Mn |
| Mar 31, 2024 | 661.96 Mn |
| Dec 31, 2023 | 631.64 Mn |
| Sep 30, 2023 | 578.73 Mn |
| Jun 30, 2023 | 581.63 Mn |
| Mar 31, 2023 | 941.47 Mn |
| Dec 31, 2022 | 1.43 Bn |
| Sep 30, 2022 | 366.68 Mn |
| Jun 30, 2022 | 2.76 Bn |
| Mar 31, 2022 | 404.71 Mn |
| Dec 31, 2021 | 676.07 Mn |
| Sep 30, 2021 | 2.18 Bn |
API Access
MGM Resorts International EBITDA 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=ebitda&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();