MGM Resorts International (MGM) Intangibles (2009 - 2026)
MGM Resorts International (MGM) reported Intangibles of $1.3 billion for Q1 2026, down 23.04% on a YoY basis from $1.7 billion in Q1 2025, and down 3.5% sequentially from $1.4 billion in Q4 2025.
MGM Resorts International (MGM) Intangibles (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of Intangibles data on file, last reported at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 23.04% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (down 23.04% YoY), and the FY2025 full-year result was $1.4 billion, down 20.91% from the prior year.
- Intangibles declined to $1.3 billion in Q1 2026, from $1.4 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $3.6 billion in Q2 2022 to a low of $1.3 billion in Q1 2026.
- A 5-year average of $1.9 billion and a median of $1.7 billion in 2024 frame the typical range for Intangibles.
- Across the five-year window, Intangibles sank 57.1% in 2022 and rose 11.17% in 2023, its largest moves.
- Tracing MGM's Intangibles over 5 years: stood at $1.6 billion in 2022, then grew by 11.17% to $1.7 billion in 2023, then declined by 0.53% to $1.7 billion in 2024, then decreased by 20.91% to $1.4 billion in 2025, then dropped by 3.5% to $1.3 billion in 2026.
- Business Quant data shows MGM's Intangibles at $1.3 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 1.31 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 215.77 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 99.68 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 259.78 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 3.94 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 299.51 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.63 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 79.71 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.62 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.70 Bn |
| Dec 31, 2024 | 1.72 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 1.69 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 2.81 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 3.56 Bn |
| Dec 31, 2021 | 3.62 Bn |
| Sep 30, 2021 | 3.67 Bn |
| Jun 30, 2021 | 3.55 Bn |