MGM Resorts International (MGM) Goodwill & Intangibles (2009 - 2026)
MGM Resorts International's Goodwill & Intangibles came in at $6 billion for Q3 2026, down 8.6% from $6.56 billion a year earlier and down 0.5% from the prior quarter.
MGM Resorts International (MGM) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, MGM Resorts International's Goodwill & Intangibles was $6.26 billion, down 8.8% from FY2024.
- Goodwill & Intangibles carries a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $6.86 billion in FY2024 (-0.4%), $6.89 billion in FY2023 (+4.7%), $6.58 billion in FY2022 (-7.3%) and $7.1 billion in FY2021 (+23.8%).
- The Q3 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q2 2021.
- Year-over-year, Goodwill & Intangibles has declined for five consecutive quarters, with an average decline of 5.5% over the last eight quarters.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q2 2022 (growth of 47.4%), and the weakest in Q2 2023 (a decline of 18.6%).
- Business Quant data shows MGM's Goodwill & Intangibles at $6.03 billion (Q2 2026), $6.19 billion (Q1 2026) and $6.26 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 26.06 Bn | 12.66 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.35 Bn | 7.74 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.48 Bn | 9.65 Bn | 419.01 Mn |
| 4 | DraftKings | 9.19 Bn | 4.85 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.47 Bn | 2.61 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.13 Bn | -1.17 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.86 Bn | 6.09 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.96 Bn | 2.38 Bn | 1.44 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.00 Bn |
| Jun 30, 2026 | 6.03 Bn |
| Mar 31, 2026 | 6.19 Bn |
| Dec 31, 2025 | 6.26 Bn |
| Sep 30, 2025 | 6.56 Bn |
| Jun 30, 2025 | 6.89 Bn |
| Mar 31, 2025 | 6.86 Bn |
| Dec 31, 2024 | 6.86 Bn |
| Sep 30, 2024 | 6.95 Bn |
| Jun 30, 2024 | 6.81 Bn |
| Mar 31, 2024 | 6.84 Bn |
| Dec 31, 2023 | 6.89 Bn |
| Sep 30, 2023 | 6.88 Bn |
| Jun 30, 2023 | 6.76 Bn |
| Mar 31, 2023 | 6.78 Bn |
| Dec 31, 2022 | 6.58 Bn |
| Sep 30, 2022 | 7.75 Bn |
| Jun 30, 2022 | 8.30 Bn |
| Mar 31, 2022 | 7.03 Bn |
| Dec 31, 2021 | 7.10 Bn |
MGM Resorts International Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();