MGM Resorts International (MGM) Free Cash Flow (2009 - 2026)
MGM Resorts International's (MGM) quarterly Free Cash Flow came in at $317.4 million in Q2 2026, down 15.89% year-over-year from $377.4 million in Q2 2025, and down 23.16% quarter-over-quarter from $413.1 million in Q1 2026.
Analysis
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 $317.4 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 15.89% year-over-year to $317.4 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 15.39% YoY), while the FY2025 annual figure was $1.5 billion, up 20.51% from the prior year.
- Free Cash Flow came in at $317.4 million for Q2 2026 at MGM Resorts International, down from $413.1 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.
- Average Free Cash Flow over 5 years is $341.8 million, with a median of $344.9 million recorded in 2024.
- The largest YoY upside for Free Cash Flow was 291.5% in 2022 against a maximum downside of 63.95% in 2022.
- Over 5 years, Free Cash Flow stood at $114.7 million in 2022, then jumped by 237.58% to $387.2 million in 2023, then plunged by 30.9% to $267.5 million in 2024, then surged by 34.01% to $358.5 million in 2025, then slipped by 11.46% to $317.4 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $317.4 million in Q2 2026, $413.1 million in Q1 2026, and $358.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 350.00 Mn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 317.44 Mn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 338.90 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 304.00 Mn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 178.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | -165.47 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 18.16 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 143.30 Mn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 25.58 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 120.00 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 |