MGM Resorts International (MGM) Free Cash Flow (2009 - 2026)
MGM Resorts International (MGM) posted Free Cash Flow of $317.4 million for Q2 2026, down 23.16% sequentially from $413.1 million in Q1 2026, and down 15.89% YoY from $377.4 million in Q2 2025.
MGM Resorts International (MGM) Free Cash Flow (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Free Cash Flow for 18 years, with the latest figure at $317.4 million in Q2 2026.
- Quarterly Free Cash Flow fell 15.89% year-over-year to $317.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (up 15.39% YoY) and the FY2025 annual result came in at $1.5 billion, up 20.51% from the prior year.
- Free Cash Flow slipped to $317.4 million in Q2 2026 per MGM's latest filing, from $413.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $564.2 million in Q1 2023 and troughed at $114.7 million in Q4 2022.
- A 5-year average of $341.8 million and a median of $344.9 million in 2024 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 291.5% in 2022, down 63.95% in 2022.
- Over 5 years, Free Cash Flow stood at $114.7 million in 2022, then soared by 237.58% to $387.2 million in 2023, then slumped by 30.9% to $267.5 million in 2024, then jumped by 34.01% to $358.5 million in 2025, then declined by 11.46% to $317.4 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $317.4 million, $413.1 million, and $358.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 350.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 317.44 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 338.90 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 304.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | -165.47 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | -28.24 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 66.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 116.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 18.16 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 143.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 317.44 Mn |
| Jun 30, 2026 | 317.44 Mn |
| 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 |