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
DateValue
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%