MGM Resorts International (MGM) EBITDA (2009 - 2026)
MGM Resorts International's (MGM) quarterly EBITDA came in at $503.6 million in Q2 2026, up 24.49% year-over-year from $404.6 million in Q2 2025, and up 67.19% quarter-over-quarter from $301.2 million in Q1 2026.
Analysis
MGM Resorts International (MGM) EBITDA (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed EBITDA across 18 years of filings, most recently posting $503.6 million for Q2 2026.
- In Q2 2026, EBITDA rose 24.49% year-over-year to $503.6 million; the TTM figure through Jun 2026 stood at $1.0 billion (down 27.15% YoY), while the FY2025 annual figure was $1.0 billion, down 32.79% from the prior year.
- EBITDA came in at $503.6 million for Q2 2026 at MGM Resorts International, up from $301.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $2.4 billion in Q2 2022 to a low of -$1.0 billion in Q3 2022.
- Average EBITDA over 5 years is $368.2 million, with a median of $370.7 million recorded in 2023.
- Year-over-year, EBITDA slumped 155.26% in 2022 and surged 22217.3% in 2023.
- Over 5 years, EBITDA stood at -$1.9 million in 2022, then surged by 22217.3% to $419.3 million in 2023, then slumped by 30.47% to $291.6 million in 2024, then rose by 11.47% to $325.0 million in 2025, then soared by 54.96% to $503.6 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $503.6 million in Q2 2026, $301.2 million in Q1 2026, and $325.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn | 618.00 Mn |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn | 503.64 Mn |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn | 449.79 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 835.00 Mn |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn | 357.00 Mn |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn | 286.18 Mn |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn | 136.00 Mn |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn | 131.70 Mn |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | -65.35 Mn |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn | 303.83 Mn |
Historic Data
Download Data
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 |