MGM Resorts International (MGM) EBITDA Margin (2009 - 2026)
MGM Resorts International (MGM) posted EBITDA Margin of 11.32% for Q2 2026, up 67.33% sequentially from 6.76% in Q1 2026, and up 213.0% YoY from 3.62% in Q2 2025.
MGM Resorts International (MGM) EBITDA Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has reported EBITDA Margin for 18 years, with the latest figure at 11.32% in Q2 2026.
- Quarterly EBITDA Margin rose 213.0% year-over-year to 11.32% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 5.73% (down 238.0% YoY) and the FY2025 annual result came in at 5.71%, down 293.0% from the prior year.
- EBITDA Margin grew to 11.32% in Q2 2026 per MGM's latest filing, from 6.76% in the prior quarter.
- Over five years, EBITDA Margin peaked at 72.94% in Q2 2022 and troughed at 30.62% in Q3 2022.
- A 5-year average of 9.35% and a median of 9.09% in 2025 frame the typical range for EBITDA Margin.
- The widest YoY moves for EBITDA Margin: up 6131 bps in 2022, down 10053 bps in 2022.
- Over 5 years, EBITDA Margin stood at 0.05% in 2022, then surged by 18258 bps to 9.58% in 2023, then tumbled by 30 bps to 6.71% in 2024, then rose by 5 bps to 7.06% in 2025, then jumped by 60 bps to 11.32% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 11.32%, 6.76%, and 7.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 19.59% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 11.32% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 24.22% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 27.67% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 27.90% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 41.00% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 10.00% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | -56.55% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 26.65% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 7.09% |
Historic Data
Download 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% |