MGM Resorts International (MGM) Free Cash Flow (2009 - 2026)
MGM Resorts International's Free Cash Flow came in at $317.44 million for Q2 2026, down 15.9% from $377.43 million a year earlier and down 23.2% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported Free Cash Flow of $1.49 billion, up 15.4% year-over-year; for FY2025, it was $1.46 billion, up 20.5% from FY2024.
- Going back by year, Free Cash Flow was $1.21 billion in FY2024 (-31.1%), $1.76 billion in FY2023 (+77.4%), $991.4 million in FY2022 (+12.3%) and $882.73 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Free Cash Flow since Q4 2024.
- Year-over-year, Free Cash Flow increased in four of the last eight quarters, with growth averaging 6.5%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q4 2023 (growth of 237.6%), and the weakest in Q4 2022 (a decline of 64.0%).
- Business Quant data shows MGM's Free Cash Flow at $413.13 million (Q1 2026), $358.54 million (Q4 2025) and $405.45 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 350.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 106.85 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 349.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 57.62 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | -53.70 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 338.90 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 317.44 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 304.00 Mn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 178.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 317.44 Mn |
| Mar 31, 2026 | 413.13 Mn |
| Dec 31, 2025 | 358.54 Mn |
| Sep 30, 2025 | 405.45 Mn |
| Jun 30, 2025 | 377.43 Mn |
| Mar 31, 2025 | 319.04 Mn |
| Dec 31, 2024 | 267.54 Mn |
| Sep 30, 2024 | 331.18 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Mar 31, 2024 | 377.19 Mn |
| Dec 31, 2023 | 387.18 Mn |
| Sep 30, 2023 | 484.32 Mn |
| Jun 30, 2023 | 323.23 Mn |
| Mar 31, 2023 | 564.23 Mn |
| Dec 31, 2022 | 114.69 Mn |
| Sep 30, 2022 | 180.84 Mn |
| Jun 30, 2022 | 376.97 Mn |
| Mar 31, 2022 | 318.90 Mn |
| Dec 31, 2021 | 318.16 Mn |
| Sep 30, 2021 | 379.54 Mn |
API Access
MGM Resorts International Free Cash Flow 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=free-cash-flow&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();