MGM Resorts International (MGM) EV to EBIT (2011 - 2026)
MGM Resorts International's EV to EBIT came in at 10.16 for Q2 2026, up 74.3% from 5.83 a year earlier and up 15.8% from the prior quarter.
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Analysis
MGM Resorts International (MGM) EV to EBIT (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported EV to EBIT of 3.78, up 949.3% year-over-year; for FY2025, it came in at 8.17, up 44.2% from FY2024.
- Going back by year, EV to EBIT was 5.67 in FY2024 (-12.0%), 6.44 in FY2023 (+29.2%), 4.99 in FY2022 (-44.8%) and 9.03 in FY2021.
- The Q2 2026 figure represents the highest quarterly EV to EBIT since Q2 2023.
- Year-over-year, EV to EBIT has increased for four consecutive quarters, with growth averaging 20.8% over the last eight quarters.
- The fastest year-over-year change in EV to EBIT over five years came in Q3 2021 (growth of 208.5%), and the weakest in Q2 2024 (a decline of 96.8%).
- Business Quant data shows MGM's EV to EBIT at 8.77 (Q1 2026), 8.17 (Q4 2025) and 8.31 (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 | 25.14 Bn | 11.55 Bn | 1.48 Bn |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.16 |
| Mar 31, 2026 | 8.77 |
| Dec 31, 2025 | 8.17 |
| Sep 30, 2025 | 8.31 |
| Jun 30, 2025 | 5.83 |
| Mar 31, 2025 | 4.76 |
| Dec 31, 2024 | 5.67 |
| Sep 30, 2024 | 5.71 |
| Jun 30, 2024 | 7.02 |
| Mar 31, 2024 | 7.85 |
| Dec 31, 2023 | 6.44 |
| Sep 30, 2023 | 6.58 |
| Jun 30, 2023 | 222.09 |
| Mar 31, 2023 | 5.90 |
| Dec 31, 2022 | 4.99 |
| Sep 30, 2022 | 4.00 |
| Jun 30, 2022 | 1.52 |
| Mar 31, 2022 | 7.66 |
| Dec 31, 2021 | 9.03 |
| Sep 30, 2021 | 12.63 |
API Access
MGM Resorts International EV to EBIT 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-ebit&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();