MGM Resorts International (MGM) Free Cash Flow (2009 - 2026)
MGM Resorts International's (MGM) quarterly Free Cash Flow came in at $413.1 million in Q1 2026, up 29.49% year-on-year from $319.0 million in Q1 2025, and up 15.22% quarter-over-quarter from $358.5 million in Q4 2025.
MGM Resorts International (MGM) Free Cash Flow (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Free Cash Flow across 18 years of filings, most recently posting $413.1 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $413.1 million, up 29.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 34.74% YoY), and the FY2025 annual result was $1.5 billion, up 20.51% from the prior year.
- Free Cash Flow came in at $413.1 million for Q1 2026 at MGM Resorts International, up 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.
- The 5-year median for Free Cash Flow is $358.5 million (2025), against an average of $343.3 million.
- Peak annual rise in Free Cash Flow reached 291.5% in 2022, while the deepest fall reached 63.95% in 2022.
- MGM Resorts International's Free Cash Flow stood at $114.7 million in 2022, then jumped by 237.58% to $387.2 million in 2023, then slumped by 30.9% to $267.5 million in 2024, then surged by 34.01% to $358.5 million in 2025, then advanced by 15.22% to $413.1 million in 2026.
- The last three Free Cash Flow figures came in at $413.1 million (Q1 2026), $358.5 million (Q4 2025), and $405.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | -25.61 Mn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 118.87 Mn |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | -20.84 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 108.00 Mn |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 6.25 Mn |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 114.00 Mn |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 51.73 Mn |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | -12.00 Mn |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 68.20 Mn |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 413.13 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 |