MGM Resorts International (MGM) Common Equity (2009 - 2026)
MGM Resorts International (MGM) reported Common Equity of $3.37 billion for Q3 2026, down 1.5% from $3.42 billion a year earlier and unchanged from the prior quarter.
MGM Resorts International (MGM) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, MGM Resorts International posted Common Equity of $3.25 billion, down 11.7% from FY2024.
- Common Equity has declined for six consecutive years, with a five-year compound annual growth rate of -21.9% (FY2020 to FY2025).
- By year, Common Equity came in at $3.69 billion in FY2024 (-15.0%), $4.33 billion in FY2023 (-16.8%), $5.21 billion in FY2022 (-52.5%) and $10.98 billion in FY2021 (-1.8%).
- Five-year quarterly Common Equity spans a low of $3.25 billion in Q4 2025 and a high of $10.98 billion in Q4 2021.
- Year over year, Common Equity has now declined in each of the last 24 quarters, with an average decline of 8.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Common Equity ranged from 1.5% (Q3 2026) to 52.5% (Q4 2022).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.37 billion (Q2 2026), $3.31 billion (Q1 2026) and $3.25 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | -985.04 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 557.40 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | -344.00 Mn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | 179.64 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 8.16 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 3.45 Bn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 3.37 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | -307.45 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 423.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.37 Bn |
| Jun 30, 2026 | 3.37 Bn |
| Mar 31, 2026 | 3.31 Bn |
| Dec 31, 2025 | 3.25 Bn |
| Sep 30, 2025 | 3.42 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.59 Bn |
| Dec 31, 2024 | 3.69 Bn |
| Sep 30, 2024 | 3.82 Bn |
| Jun 30, 2024 | 3.81 Bn |
| Mar 31, 2024 | 4.03 Bn |
| Dec 31, 2023 | 4.33 Bn |
| Sep 30, 2023 | 4.43 Bn |
| Jun 30, 2023 | 4.84 Bn |
| Mar 31, 2023 | 5.22 Bn |
| Dec 31, 2022 | 5.21 Bn |
| Sep 30, 2022 | 5.82 Bn |
| Jun 30, 2022 | 7.20 Bn |
| Mar 31, 2022 | 9.88 Bn |
| Dec 31, 2021 | 10.98 Bn |
MGM Resorts International Common Equity 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=common-equity&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();