MGM Resorts International (MGM) FCF Margin (2009 - 2026)
MGM Resorts International (MGM) posted FCF Margin of 7.13% for Q2 2026, down 23.1% sequentially from 9.27% in Q1 2026, and down 144.0% YoY from 16.21% in Q2 2025.
MGM Resorts International (MGM) FCF Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has reported FCF Margin for 18 years, with the latest figure at 7.13% in Q2 2026.
- Quarterly FCF Margin fell 144.0% year-over-year to 7.13% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 8.41% (up 89.0% YoY) and the FY2025 annual result came in at 8.33%, up 130.0% from the prior year.
- FCF Margin eased to 7.13% in Q2 2026 per MGM's latest filing, from 9.27% in the prior quarter.
- Over five years, FCF Margin peaked at 14.57% in Q1 2023 and troughed at 3.19% in Q4 2022.
- A 5-year average of 8.49% and a median of 8.38% in 2025 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 2128 bps in 2022, down 872 bps in 2022.
- Over 5 years, FCF Margin stood at 3.19% in 2022, then jumped by 177 bps to 8.85% in 2023, then slumped by 30 bps to 6.16% in 2024, then advanced by 26 bps to 7.79% in 2025, then fell by 8 bps to 7.13% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 7.13%, 9.27%, and 7.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 11.10% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 7.13% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 18.25% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | -16.00% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 10.16% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | -2.34% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 5.00% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 8.54% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 3.56% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 7.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.13% |
| 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% |