MGM Resorts International (MGM) EBT Margin (2009 - 2026)
MGM Resorts International's (MGM) quarterly EBT Margin came in at 9.29% in Q2 2026, up 625.0% year-over-year from 1.28% in Q2 2025, and up 104.63% quarter-over-quarter from 4.54% in Q1 2026.
Analysis
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 9.29% for Q2 2026.
- In Q2 2026, EBT Margin rose 625.0% year-over-year to 9.29%; the TTM figure through Jun 2026 stood at 2.79% (down 245.0% YoY), while the FY2025 annual figure was 1.6%, down 488.0% from the prior year.
- EBT Margin came in at 9.29% for Q2 2026 at MGM Resorts International, up from 4.54% 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.
- Average EBT Margin over 5 years is 6.22%, with a median of 5.94% recorded in 2023.
- The largest YoY upside for EBT Margin was 6173 bps in 2022 against a maximum downside of 9457 bps in 2022.
- Over 5 years, EBT Margin stood at 0.95% in 2022, then jumped by 871 bps to 7.32% in 2023, then plunged by 35 bps to 4.73% in 2024, then plunged by 54 bps to 2.17% in 2025, then surged by 329 bps to 9.29% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 9.29% in Q2 2026, 4.54% in Q1 2026, and 2.17% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.74 Bn | 25.68 Bn | 1.81 Bn | 14.62% |
| 2 | MGM Resorts International | 10.37 Bn | 8.67 Bn | 3.10 Bn | 9.29% |
| 3 | Wynn Resorts | 9.47 Bn | 7.16 Bn | 1.14 Bn | 10.70% |
| 4 | Churchill Downs | 6.07 Bn | 5.92 Bn | 712.00 Mn | 33.47% |
| 5 | Caesars Entertainment | 6.05 Bn | 5.16 Bn | 2.04 Bn | -1.77% |
| 6 | Red Rock Resorts | 6.00 Bn | 5.52 Bn | 420.02 Mn | 17.65% |
| 7 | Boyd Gaming | 5.71 Bn | 5.38 Bn | 766.76 Mn | 16.49% |
| 8 | PENN Entertainment | 2.29 Bn | 1.39 Bn | 1.02 Bn | 2.14% |
| 9 | Monarch Casino & Resort | 2.18 Bn | 2.04 Bn | 38.62 Mn | 27.61% |
| 10 | Melco Resorts & Entertainment | 2.12 Bn | 1.85 Bn | 1.05 Bn | 2.92% |
Historic Data
Download Data
Historic 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% |