MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026)
MGM Resorts International (MGM) reported Interest Coverage Ratio of 0.01 for Q1 2026, down 98.75% on a YoY basis from 0.83 in Q1 2025, and up 103.13% sequentially from 0.33 in Q4 2025.
MGM Resorts International (MGM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of Interest Coverage Ratio data on file, last reported at 0.01 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 98.75% year-over-year to 0.01; the trailing twelve-month figure through Mar 2026 stood at 0.03 (down 96.09% YoY), and the FY2025 full-year result was 0.54, down 34.01% from the prior year.
- Interest Coverage Ratio improved to 0.01 in Q1 2026, from 0.33 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 4.05 in Q2 2022 to a low of 1.1 in Q3 2025.
- A 5-year average of 0.8 and a median of 0.41 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 223142.7% in 2023 and tumbled 582.76% in 2025, its largest moves.
- Tracing MGM's Interest Coverage Ratio over 5 years: stood at 0.0 in 2022, then soared by 223142.7% to 3.92 in 2023, then plunged by 31.56% to 2.69 in 2024, then sank by 112.3% to 0.33 in 2025, then soared by 103.13% to 0.01 in 2026.
- Business Quant data shows MGM's Interest Coverage Ratio at 0.01 in Q1 2026, 0.33 in Q4 2025, and 1.1 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 4.26 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 0.01 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 1.63 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 5.76 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 0.30 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 0.87 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 9.63 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.15 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 2.46 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -10.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | -0.33 |
| Sep 30, 2025 | -1.10 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | 2.69 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 1.00 |
| Dec 31, 2023 | 3.92 |
| 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 | 3.43 |
| Sep 30, 2021 | 3.92 |
| Jun 30, 2021 | 0.85 |