MGM Resorts International (MGM) Free Cash Flow (2009 - 2026)
MGM Resorts International (MGM) reported Free Cash Flow of $413.1 million for Q1 2026, up 29.49% on a YoY basis from $319.0 million in Q1 2025, and up 15.22% sequentially from $358.5 million in Q4 2025.
MGM Resorts International (MGM) Free Cash Flow (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of Free Cash Flow data on file, last reported at $413.1 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 29.49% year-over-year to $413.1 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 34.74% YoY), and the FY2025 full-year result was $1.5 billion, up 20.51% from the prior year.
- Free Cash Flow climbed to $413.1 million in Q1 2026, from $358.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $564.2 million in Q1 2023 to a low of $114.7 million in Q4 2022.
- A 5-year average of $343.3 million and a median of $358.5 million in 2025 frame the typical range for Free Cash Flow.
- Peak annual rise in Free Cash Flow reached 291.5% in 2022, while the deepest fall reached 63.95% in 2022.
- Tracing MGM's Free Cash Flow over 5 years: stood at $114.7 million in 2022, then soared by 237.58% to $387.2 million in 2023, then tumbled by 30.9% to $267.5 million in 2024, then jumped by 34.01% to $358.5 million in 2025, then gained by 15.22% to $413.1 million in 2026.
- Business Quant data shows MGM's Free Cash Flow at $413.1 million in Q1 2026, $358.5 million in Q4 2025, and $405.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 537.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 413.13 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | -25.61 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 92.19 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 118.87 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 36.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | -28.24 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 114.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 51.73 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 413.13 Mn |
| Mar 31, 2026 | 413.13 Mn |
| Dec 31, 2025 | 358.54 Mn |
| Dec 31, 2025 | 358.54 Mn |
| Sep 30, 2025 | 405.45 Mn |
| Sep 30, 2025 | 405.45 Mn |
| Jun 30, 2025 | 377.43 Mn |
| Jun 30, 2025 | 377.43 Mn |
| Mar 31, 2025 | 319.04 Mn |
| Mar 31, 2025 | 319.04 Mn |
| Dec 31, 2024 | 267.54 Mn |
| Dec 31, 2024 | 267.54 Mn |
| Sep 30, 2024 | 331.18 Mn |
| Sep 30, 2024 | 331.18 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Mar 31, 2024 | 377.19 Mn |
| Mar 31, 2024 | 377.19 Mn |
| Dec 31, 2023 | 387.18 Mn |
| Dec 31, 2023 | 387.18 Mn |