MGM Resorts International (MGM) EV to FCF (2010 - 2026)
MGM Resorts International's EV to FCF came in at 6.92 for Q2 2026, up 10.0% from 6.28 a year earlier and up 33.5% from the prior quarter.
MGM Resorts International (MGM) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported EV to FCF of 2.57, up 562.5% year-over-year; for FY2025, it came in at 5.61, down 19.6% from FY2024.
- Going back by year, EV to FCF was 6.97 in FY2024 (+0.6%), 6.93 in FY2023 (-4.3%), 7.24 in FY2022 (-68.9%) and 23.30 in FY2021.
- The Q2 2026 figure represents the highest quarterly EV to FCF since Q4 2024.
- Year-over-year, EV to FCF increased in three of the last eight quarters, with an average decline of 9.7%.
- The fastest year-over-year change in EV to FCF over five years came in Q2 2023 (growth of 97.1%), and the weakest in Q3 2022 (a decline of 92.9%).
- Business Quant data shows MGM's EV to FCF at 5.18 (Q1 2026), 5.61 (Q4 2025) and 5.87 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.92 |
| Mar 31, 2026 | 5.18 |
| Dec 31, 2025 | 5.61 |
| Sep 30, 2025 | 5.87 |
| Jun 30, 2025 | 6.28 |
| Mar 31, 2025 | 5.85 |
| Dec 31, 2024 | 6.97 |
| Sep 30, 2024 | 6.94 |
| Jun 30, 2024 | 7.91 |
| Mar 31, 2024 | 8.09 |
| Dec 31, 2023 | 6.93 |
| Sep 30, 2023 | 6.51 |
| Jun 30, 2023 | 10.20 |
| Mar 31, 2023 | 9.86 |
| Dec 31, 2022 | 7.24 |
| Sep 30, 2022 | 6.06 |
| Jun 30, 2022 | 5.18 |
| Mar 31, 2022 | 14.73 |
| Dec 31, 2021 | 23.30 |
| Sep 30, 2021 | 85.61 |
MGM Resorts International EV to FCF 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-fcf&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();