MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026)
MGM Resorts International's Interest Coverage Ratio was 1.16 in Q3 2026, compared with -1.10 a year earlier and down 76.5% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, MGM Resorts International's Interest Coverage Ratio was 3.05 through Sep 30, 2026, up 33.5% year-over-year; for FY2025, it came in at 2.39, down 28.9% from FY2024.
- In earlier years, Interest Coverage Ratio was 3.36 in FY2024 (-18.2%), 4.11 in FY2023 (+69.9%), 2.42 in FY2022 (-15.1%) and 2.85 in FY2021.
- Quarterly Interest Coverage Ratio has moved between -8.36 (Q3 2022) and 17.44 (Q2 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in three of the last six quarters, with an average decline of 2.6%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q1 2023 (growth of 939.7%); the worst was Q2 2023 (a decline of 81.0%).
- Per Business Quant data, MGM's Interest Coverage Ratio in the three quarters before Q3 2026 was 4.93 (Q2 2026), 2.99 (Q1 2026) and 3.13 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | 3.32 |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | - |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | - |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | 1.96 |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | 1.16 |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | 7.23 |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 2.07 |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.16 |
| Jun 30, 2026 | 4.93 |
| Mar 31, 2026 | 2.99 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | -1.10 |
| Jun 30, 2025 | 3.83 |
| Mar 31, 2025 | 3.59 |
| Dec 31, 2024 | 2.69 |
| Sep 30, 2024 | 2.81 |
| Jun 30, 2024 | 3.78 |
| Mar 31, 2024 | 4.17 |
| Dec 31, 2023 | 3.92 |
| Sep 30, 2023 | 3.33 |
| Jun 30, 2023 | 3.32 |
| Mar 31, 2023 | 5.61 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -8.36 |
| Jun 30, 2022 | 17.44 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 1.83 |
API Access
MGM Resorts International Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();