MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026)
MGM Resorts International's (MGM) quarterly Interest Coverage Ratio came in at 2.99 in Q1 2026, down 16.65% year-on-year from 3.59 in Q1 2025, and down 4.36% quarter-over-quarter from 3.13 in Q4 2025.
MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 2.99 for Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 2.99, down 16.65% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.23 (down 30.83% YoY), and the FY2025 annual result was 2.39, down 28.91% from the prior year.
- Interest Coverage Ratio came in at 2.99 for Q1 2026 at MGM Resorts International, down from 3.13 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 17.44 in Q2 2022 to a low of 8.36 in Q3 2022.
- The 5-year median for Interest Coverage Ratio is 3.32 (2023), against an average of 3.04.
- Across the five-year window, Interest Coverage Ratio plunged 188.32% in 2022 and surged 28478.05% in 2023, its largest moves.
- MGM Resorts International's Interest Coverage Ratio stood at 0.01 in 2022, then soared by 28478.05% to 3.92 in 2023, then tumbled by 31.56% to 2.69 in 2024, then climbed by 16.49% to 3.13 in 2025, then dropped by 4.36% to 2.99 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.99 (Q1 2026), 3.13 (Q4 2025), and 1.1 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 1.85 |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -1.15 |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 5.76 |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 9.63 |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | -0.52 |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 2.90 |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | - |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 2.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 9.46 |
| Jun 30, 2021 | 1.30 |