MGM Resorts International (MGM) FCF Margin (2009 - 2026)
MGM Resorts International (MGM) reported FCF Margin of 9.27% for Q1 2026, up 181.0% on a YoY basis from 3.3% in Q1 2025, and up 19.12% sequentially from 7.79% in Q4 2025.
MGM Resorts International (MGM) FCF Margin (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of FCF Margin data on file, last reported at 9.27% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 181.0% year-over-year to 9.27%; the trailing twelve-month figure through Mar 2026 stood at 8.78% (up 204.0% YoY), and the FY2025 full-year result was 8.33%, up 130.0% from the prior year.
- FCF Margin grew to 9.27% in Q1 2026, from 7.79% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 14.57% in Q1 2023 to a low of 3.19% in Q4 2022.
- A 5-year average of 8.57% and a median of 8.57% in 2025 frame the typical range for FCF Margin.
- Peak annual rise in FCF Margin reached 2128 bps in 2022, while the deepest fall reached 872 bps in 2022.
- Tracing MGM's FCF Margin over 5 years: stood at 3.19% in 2022, then jumped by 177 bps to 8.85% in 2023, then tumbled by 30 bps to 6.16% in 2024, then increased by 26 bps to 7.79% in 2025, then grew by 19 bps to 9.27% in 2026.
- Business Quant data shows MGM's FCF Margin at 9.27% in Q1 2026, 7.79% in Q4 2025, and 9.54% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 14.98% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 9.27% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | -1.38% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 9.24% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 180.71% |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 1.25% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | -2.34% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 8.87% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 10.20% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.27% |
| Dec 31, 2025 | 7.79% |
| Sep 30, 2025 | 9.54% |
| Jun 30, 2025 | 8.57% |
| Mar 31, 2025 | 7.46% |
| Dec 31, 2024 | 6.16% |
| Sep 30, 2024 | 7.92% |
| Jun 30, 2024 | 5.45% |
| Mar 31, 2024 | 8.60% |
| Dec 31, 2023 | 8.85% |
| Sep 30, 2023 | 12.19% |
| Jun 30, 2023 | 8.20% |
| Mar 31, 2023 | 14.57% |
| Dec 31, 2022 | 3.19% |
| Sep 30, 2022 | 5.29% |
| Jun 30, 2022 | 11.55% |
| Mar 31, 2022 | 11.17% |
| Dec 31, 2021 | 10.41% |
| Sep 30, 2021 | 14.02% |
| Jun 30, 2021 | 15.50% |