MGM Resorts International (MGM) FCF Margin (2009 - 2026)
MGM Resorts International's (MGM) quarterly FCF Margin came in at 7.13% in Q2 2026, down 144.0% year-over-year from 16.21% in Q2 2025, and down 23.1% quarter-over-quarter from 9.27% in Q1 2026.
Analysis
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 7.13% for Q2 2026.
- In Q2 2026, FCF Margin fell 144.0% year-over-year to 7.13%; the TTM figure through Jun 2026 stood at 8.41% (up 89.0% YoY), while the FY2025 annual figure was 8.33%, up 130.0% from the prior year.
- FCF Margin came in at 7.13% for Q2 2026 at MGM Resorts International, down from 9.27% 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.
- Average FCF Margin over 5 years is 8.49%, with a median of 8.38% recorded in 2025.
- The largest YoY upside for FCF Margin was 2128 bps in 2022 against a maximum downside of 872 bps in 2022.
- Over 5 years, FCF Margin stood at 3.19% in 2022, then surged by 177 bps to 8.85% in 2023, then plunged by 30 bps to 6.16% in 2024, then rose by 26 bps to 7.79% in 2025, then dropped by 8 bps to 7.13% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 7.13% in Q2 2026, 9.27% in Q1 2026, and 7.79% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.74 Bn | 25.68 Bn | 1.81 Bn | 11.10% |
| 2 | MGM Resorts International | 10.37 Bn | 8.67 Bn | 3.10 Bn | 7.13% |
| 3 | Wynn Resorts | 9.47 Bn | 7.16 Bn | 1.14 Bn | 18.25% |
| 4 | Churchill Downs | 6.07 Bn | 5.92 Bn | 712.00 Mn | 18.16% |
| 5 | Caesars Entertainment | 6.05 Bn | 5.16 Bn | 2.04 Bn | 10.16% |
| 6 | Red Rock Resorts | 6.00 Bn | 5.52 Bn | 420.02 Mn | 3.56% |
| 7 | Boyd Gaming | 5.71 Bn | 5.38 Bn | 766.76 Mn | -16.00% |
| 8 | PENN Entertainment | 2.29 Bn | 1.39 Bn | 1.02 Bn | 7.72% |
| 9 | Monarch Casino & Resort | 2.18 Bn | 2.04 Bn | 38.62 Mn | 17.94% |
| 10 | Melco Resorts & Entertainment | 2.12 Bn | 1.85 Bn | 1.05 Bn | 11.18% |
Historic Data
Download Data
Historic 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% |