MGM Resorts International (MGM) EBT Margin (2009 - 2026)
MGM Resorts International (MGM) posted EBT Margin of 9.29% for Q2 2026, up 104.63% sequentially from 4.54% in Q1 2026, and up 625.0% YoY from 1.28% in Q2 2025.
MGM Resorts International (MGM) EBT Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has reported EBT Margin for 18 years, with the latest figure at 9.29% in Q2 2026.
- Quarterly EBT Margin rose 625.0% year-over-year to 9.29% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 2.79% (down 245.0% YoY) and the FY2025 annual result came in at 1.6%, down 488.0% from the prior year.
- EBT Margin rose to 9.29% in Q2 2026 per MGM's latest filing, from 4.54% in the prior quarter.
- Over five years, EBT Margin peaked at 67.24% in Q2 2022 and troughed at 34.73% in Q3 2022.
- A 5-year average of 6.22% and a median of 5.94% in 2023 frame the typical range for EBT Margin.
- The widest YoY moves for EBT Margin: up 6173 bps in 2022, down 9457 bps in 2022.
- Over 5 years, EBT Margin stood at 0.95% in 2022, then soared by 871 bps to 7.32% in 2023, then slumped by 35 bps to 4.73% in 2024, then slumped by 54 bps to 2.17% in 2025, then jumped by 329 bps to 9.29% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 9.29%, 4.54%, and 2.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 14.62% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 9.29% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 10.70% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 16.49% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -1.77% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 36.99% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 8.64% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 1.69% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 17.65% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 2.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.29% |
| Mar 31, 2026 | 4.54% |
| Dec 31, 2025 | 2.17% |
| Sep 30, 2025 | -5.17% |
| Jun 30, 2025 | 3.04% |
| Mar 31, 2025 | 6.24% |
| Dec 31, 2024 | 4.73% |
| Sep 30, 2024 | 7.09% |
| Jun 30, 2024 | 6.27% |
| Mar 31, 2024 | 7.83% |
| Dec 31, 2023 | 7.32% |
| Sep 30, 2023 | 5.65% |
| Jun 30, 2023 | 7.17% |
| Mar 31, 2023 | 16.67% |
| Dec 31, 2022 | -0.95% |
| Sep 30, 2022 | -34.73% |
| Jun 30, 2022 | 67.24% |
| Mar 31, 2022 | -2.49% |
| Dec 31, 2021 | 4.82% |
| Sep 30, 2021 | 59.84% |