MGM Resorts International (MGM) Enterprise Value (2009 - 2026)
MGM Resorts International's (MGM) quarterly Enterprise Value came in at -$2.3 billion in Q1 2026, down 1.65% year-on-year from -$2.3 billion in Q1 2025, and down 11.32% quarter-over-quarter from -$2.0 billion in Q4 2025.
MGM Resorts International (MGM) Enterprise Value (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Enterprise Value across 18 years of filings, most recently posting -$2.3 billion for Q1 2026.
- Enterprise Value for Q1 2026 came in at -$2.3 billion, down 1.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.3 billion (down 1.65% YoY), and the FY2025 annual result was -$2.0 billion, down 16.38% from the prior year.
- Enterprise Value came in at -$2.3 billion for Q1 2026 at MGM Resorts International, down from -$2.0 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$1.4 billion in Q3 2025 to a low of -$5.6 billion in Q2 2022.
- The 5-year median for Enterprise Value is -$2.4 billion (2024), against an average of -$3.1 billion.
- Across the five-year window, Enterprise Value soared 57.57% in 2022 and sank 73.7% in 2023, its largest moves.
- MGM Resorts International's Enterprise Value stood at -$5.5 billion in 2022, then surged by 47.69% to -$2.9 billion in 2023, then surged by 39.41% to -$1.8 billion in 2024, then decreased by 16.38% to -$2.0 billion in 2025, then decreased by 11.32% to -$2.3 billion in 2026.
- The last three Enterprise Value figures came in at -$2.3 billion (Q1 2026), -$2.0 billion (Q4 2025), and -$1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | -830.65 Mn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -299.78 Mn |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | -7.44 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -778.00 Mn |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | -7.01 Mn |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | -108.00 Mn |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | -29.19 Mn |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | -268.00 Mn |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | -715.00 Mn |
| 10 | MGM Resorts International | - | - | 3.88 Bn | -2.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27 Bn |
| Dec 31, 2025 | -2.04 Bn |
| Sep 30, 2025 | -1.39 Bn |
| Jun 30, 2025 | -1.93 Bn |
| Mar 31, 2025 | -2.24 Bn |
| Dec 31, 2024 | -1.75 Bn |
| Sep 30, 2024 | -2.36 Bn |
| Jun 30, 2024 | -2.38 Bn |
| Mar 31, 2024 | -2.15 Bn |
| Dec 31, 2023 | -2.89 Bn |
| Sep 30, 2023 | -3.28 Bn |
| Jun 30, 2023 | -3.83 Bn |
| Mar 31, 2023 | -4.50 Bn |
| Dec 31, 2022 | -5.53 Bn |
| Sep 30, 2022 | -5.16 Bn |
| Jun 30, 2022 | -5.64 Bn |
| Mar 31, 2022 | -2.59 Bn |
| Dec 31, 2021 | -4.56 Bn |
| Sep 30, 2021 | -5.45 Bn |
| Jun 30, 2021 | -5.52 Bn |