MGM Resorts International (MGM) FCF Margin (2009 - 2026)
MGM Resorts International's (MGM) quarterly FCF Margin came in at 9.27% in Q1 2026, up 181.0% year-on-year from 3.3% in Q1 2025, and up 19.12% quarter-over-quarter from 7.79% in Q4 2025.
MGM Resorts International (MGM) FCF Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed FCF Margin across 18 years of filings, most recently posting 9.27% for Q1 2026.
- FCF Margin for Q1 2026 came in at 9.27%, up 181.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.78% (up 204.0% YoY), and the FY2025 annual result was 8.33%, up 130.0% from the prior year.
- FCF Margin came in at 9.27% for Q1 2026 at MGM Resorts International, up 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.
- The 5-year median for FCF Margin is 8.57% (2025), against an average of 8.57%.
- Peak annual rise in FCF Margin reached 2128 bps in 2022, while the deepest fall reached 872 bps in 2022.
- MGM Resorts International's FCF Margin stood at 3.19% in 2022, then surged by 177 bps to 8.85% in 2023, then slumped by 30 bps to 6.16% in 2024, then rose by 26 bps to 7.79% in 2025, then increased by 19 bps to 9.27% in 2026.
- The last three FCF Margin figures came in at 9.27% (Q1 2026), 7.79% (Q4 2025), and 9.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | -1.38% |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 180.71% |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | -2.09% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 3.76% |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 0.52% |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 8.87% |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 10.20% |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | -0.95% |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 3.83% |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 9.27% |
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% |