MGM Resorts International (MGM) EBT Margin (2009 - 2026)
MGM Resorts International's (MGM) quarterly EBT Margin came in at 4.54% in Q1 2026, down 170.0% year-on-year from 6.49% in Q1 2025, and up 109.45% quarter-over-quarter from 2.17% in Q4 2025.
MGM Resorts International (MGM) EBT Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed EBT Margin across 18 years of filings, most recently posting 4.54% for Q1 2026.
- EBT Margin for Q1 2026 came in at 4.54%, down 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.22% (down 485.0% YoY), and the FY2025 annual result was 1.6%, down 488.0% from the prior year.
- EBT Margin came in at 4.54% for Q1 2026 at MGM Resorts International, up from 2.17% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 67.24% in Q2 2022 to a low of 34.73% in Q3 2022.
- The 5-year median for EBT Margin is 5.65% (2023), against an average of 6.04%.
- Peak annual rise in EBT Margin reached 6173 bps in 2022, while the deepest fall reached 9457 bps in 2022.
- MGM Resorts International's EBT Margin stood at 0.95% in 2022, then jumped 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 109 bps to 4.54% in 2026.
- The last three EBT Margin figures came in at 4.54% (Q1 2026), 2.17% (Q4 2025), and 5.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 8.65% |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 118.58% |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 13.74% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -2.47% |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 36.99% |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 5.76% |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 18.89% |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | 3.58% |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 0.33% |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 4.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 5.52% |