MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026)
MGM Resorts International (MGM) posted Interest Coverage Ratio of 0.01 for Q2 2026, up 73.07% sequentially from 0.01 in Q1 2026, and down 99.75% YoY from 3.83 in Q2 2025.
MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Interest Coverage Ratio for 18 years, with the latest figure at 0.01 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 99.75% year-over-year to 0.01 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.02 (down 98.49% YoY) and the FY2025 annual result came in at 0.54, down 34.01% from the prior year.
- Interest Coverage Ratio advanced to 0.01 in Q2 2026 per MGM's latest filing, from 0.01 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.05 in Q2 2022 and troughed at 1.1 in Q3 2025.
- A 5-year average of 0.79 and a median of 0.35 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio surged 16549.75% in 2023, then sank 582.76% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 0.0 in 2022, then surged by 16549.75% to 0.29 in 2023, then tumbled by 207.82% to 0.31 in 2024, then surged by 1102.56% to 3.13 in 2025, then plunged by 99.69% to 0.01 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.01, 0.01, and 3.13 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.34 Bn | 26.96 Bn | 1.81 Bn | 3.27 |
| 2 | MGM Resorts International | 10.95 Bn | 8.40 Bn | 3.10 Bn | 4.93 |
| 3 | Wynn Resorts | 10.28 Bn | 8.70 Bn | 1.14 Bn | 1.96 |
| 4 | Boyd Gaming | 6.08 Bn | 5.76 Bn | 766.76 Mn | 6.39 |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | - |
| 6 | Vail Resorts | 5.41 Bn | 5.04 Bn | - | 9.63 |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn | 4.55 |
| 8 | Hilton Grand Vacations | 3.58 Bn | 3.30 Bn | 499.00 Mn | -10.97 |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 2.74 |
| 10 | PENN Entertainment | 2.47 Bn | 1.58 Bn | 1.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.01 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | -1.10 |
| Jun 30, 2025 | 3.83 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | -0.31 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 1.00 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 1.61 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | -0.98 |
| Jun 30, 2022 | 4.05 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 1.83 |
| Sep 30, 2021 | 3.92 |