MGM Resorts International (MGM) EV to CFO (2010 - 2026)
MGM Resorts International's EV to CFO came in at 4.20 for Q2 2026, up 30.5% from 3.21 a year earlier and up 32.9% from the prior quarter.
Powered by 
Analysis
MGM Resorts International (MGM) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported EV to CFO of 1.56, up 685.8% year-over-year; for FY2025, it came in at 3.24, down 9.5% from FY2024.
- Going back by year, EV to CFO was 3.58 in FY2024 (-21.1%), 4.53 in FY2023 (+10.8%), 4.09 in FY2022 (-72.7%) and 14.98 in FY2021.
- The Q2 2026 figure represents the highest quarterly EV to CFO since Q2 2024.
- Year-over-year, EV to CFO increased in two of the last eight quarters, with an average decline of 11.1%.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2023 (growth of 54.1%), and the weakest in Q3 2022 (a decline of 86.9%).
- Business Quant data shows MGM's EV to CFO at 3.16 (Q1 2026), 3.24 (Q4 2025) and 3.16 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.20 |
| Mar 31, 2026 | 3.16 |
| Dec 31, 2025 | 3.24 |
| Sep 30, 2025 | 3.16 |
| Jun 30, 2025 | 3.21 |
| Mar 31, 2025 | 2.86 |
| Dec 31, 2024 | 3.58 |
| Sep 30, 2024 | 3.84 |
| Jun 30, 2024 | 4.82 |
| Mar 31, 2024 | 5.01 |
| Dec 31, 2023 | 4.53 |
| Sep 30, 2023 | 4.04 |
| Jun 30, 2023 | 5.74 |
| Mar 31, 2023 | 5.98 |
| Dec 31, 2022 | 4.09 |
| Sep 30, 2022 | 3.98 |
| Jun 30, 2022 | 3.72 |
| Mar 31, 2022 | 10.71 |
| Dec 31, 2021 | 14.98 |
| Sep 30, 2021 | 30.36 |
API Access
MGM Resorts International EV to CFO 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=ev-to-cfo&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();