MGM Resorts International (MGM) Enterprise Value (2009 - 2026)
MGM Resorts International (MGM) reported Enterprise Value of $6.28 billion for Q3 2026, down 21.9% from $8.05 billion a year earlier and down 39.2% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Enterprise Value (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, MGM Resorts International's Enterprise Value came in at -$622.61 million; for FY2025, it came in at $8.19 billion, down 3.1% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of -11.6% (FY2020 to FY2025).
- By year, Enterprise Value came in at $8.45 billion in FY2024 (-30.7%), $12.19 billion in FY2023 (+69.8%), $7.18 billion in FY2022 (-65.1%) and $20.57 billion in FY2021 (+35.8%).
- The Q3 2026 figure ranks as the lowest quarterly Enterprise Value since Q1 2020.
- Year over year, Enterprise Value gained in two of the last eight quarters, with an average decline of 12.5%.
- The high point for year-over-year Enterprise Value in five years was Q4 2023 (growth of 69.8%); the low point was Q4 2022 (a decline of 65.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $10.33 billion (Q2 2026), $8.05 billion (Q1 2026) and $8.19 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.28 Bn |
| Jun 30, 2026 | 10.33 Bn |
| Mar 31, 2026 | 8.05 Bn |
| Dec 31, 2025 | 8.19 Bn |
| Sep 30, 2025 | 8.05 Bn |
| Jun 30, 2025 | 8.14 Bn |
| Mar 31, 2025 | 6.75 Bn |
| Dec 31, 2024 | 8.45 Bn |
| Sep 30, 2024 | 9.24 Bn |
| Jun 30, 2024 | 11.74 Bn |
| Mar 31, 2024 | 12.72 Bn |
| Dec 31, 2023 | 12.19 Bn |
| Sep 30, 2023 | 9.68 Bn |
| Jun 30, 2023 | 12.07 Bn |
| Mar 31, 2023 | 12.19 Bn |
| Dec 31, 2022 | 7.18 Bn |
| Sep 30, 2022 | 7.24 Bn |
| Jun 30, 2022 | 7.21 Bn |
| Mar 31, 2022 | 20.15 Bn |
| Dec 31, 2021 | 20.57 Bn |
API Access
MGM Resorts International Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();