MGM Resorts International (MGM) EV to EBITDA (2011 - 2026)
MGM Resorts International's (MGM) EV to EBITDA was 4.92 for Q2 2026, up 39.9% from 3.51 a year earlier and up 19.8% from the prior quarter.
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Analysis
MGM Resorts International (MGM) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MGM Resorts International's EV to EBITDA came in at 1.83, up 742.4% year-over-year; for FY2025, it was 4.05, up 11.4% from FY2024.
- By year, EV to EBITDA came in at 3.64 in FY2024 (-19.2%), 4.50 in FY2023 (+208.8%), 1.46 in FY2022 (-75.7%) and 6.00 in FY2021 (-77.5%).
- The Q2 2026 figure ranks as the highest quarterly EV to EBITDA since Q1 2024.
- Year over year, EV to EBITDA has now increased in each of the last four quarters, with growth averaging 6.1% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q4 2023 (growth of 208.8%); the low point was Q2 2022 (a decline of 98.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.10 (Q1 2026), 4.05 (Q4 2025) and 4.20 (Q3 2025).
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 | 4.92 |
| Mar 31, 2026 | 4.10 |
| Dec 31, 2025 | 4.05 |
| Sep 30, 2025 | 4.20 |
| Jun 30, 2025 | 3.51 |
| Mar 31, 2025 | 2.95 |
| Dec 31, 2024 | 3.64 |
| Sep 30, 2024 | 3.78 |
| Jun 30, 2024 | 4.75 |
| Mar 31, 2024 | 5.24 |
| Dec 31, 2023 | 4.50 |
| Sep 30, 2023 | 2.76 |
| Jun 30, 2023 | 3.67 |
| Mar 31, 2023 | 2.23 |
| Dec 31, 2022 | 1.46 |
| Sep 30, 2022 | 1.74 |
| Jun 30, 2022 | 1.21 |
| Mar 31, 2022 | 5.33 |
| Dec 31, 2021 | 6.00 |
| Sep 30, 2021 | 7.24 |
API Access
MGM Resorts International EV to EBITDA 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-ebitda&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();