MGM Resorts International (MGM) EBT Margin (2009 - 2026)
MGM Resorts International (MGM) reported EBT Margin of 4.54% for Q1 2026, down 170.0% on a YoY basis from 6.49% in Q1 2025, and up 109.45% sequentially from 2.17% in Q4 2025.
MGM Resorts International (MGM) EBT Margin (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of EBT Margin data on file, last reported at 4.54% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 170.0% year-over-year to 4.54%; the trailing twelve-month figure through Mar 2026 stood at 1.22% (down 485.0% YoY), and the FY2025 full-year result was 1.6%, down 488.0% from the prior year.
- EBT Margin improved to 4.54% in Q1 2026, 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.
- A 5-year average of 6.04% and a median of 5.65% in 2023 frame the typical range for EBT Margin.
- Peak annual rise in EBT Margin reached 6173 bps in 2022, while the deepest fall reached 9457 bps in 2022.
- Tracing MGM's EBT Margin over 5 years: stood at 0.95% in 2022, then soared by 871 bps to 7.32% in 2023, then tumbled by 35 bps to 4.73% in 2024, then tumbled by 54 bps to 2.17% in 2025, then soared by 109 bps to 4.54% in 2026.
- Business Quant data shows MGM's EBT Margin at 4.54% in Q1 2026, 2.17% in Q4 2025, and 5.17% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 20.86% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 4.54% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 8.65% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 13.74% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 118.58% |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -2.47% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 36.99% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 5.76% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 18.89% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 3.50% |
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% |