MGM Resorts International (MGM) Invested Capital (2009 - 2026)
MGM Resorts International's (MGM) quarterly Invested Capital came in at $9.7 billion in Q1 2026, down 2.86% year-on-year from $10.0 billion in Q1 2025, and up 2.43% quarter-over-quarter from $9.5 billion in Q4 2025.
MGM Resorts International (MGM) Invested Capital (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Invested Capital across 18 years of filings, most recently posting $9.7 billion for Q1 2026.
- Invested Capital for Q1 2026 came in at $9.7 billion, down 2.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.7 billion (down 2.86% YoY), and the FY2025 annual result was $9.5 billion, down 5.6% from the prior year.
- Invested Capital came in at $9.7 billion for Q1 2026 at MGM Resorts International, up from $9.5 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $21.6 billion in Q1 2022 to a low of $9.5 billion in Q4 2025.
- The 5-year median for Invested Capital is $10.7 billion (2023), against an average of $11.8 billion.
- Across the five-year window, Invested Capital jumped 92.63% in 2022 and slumped 44.08% in 2023, its largest moves.
- MGM Resorts International's Invested Capital stood at $13.9 billion in 2022, then declined by 23.34% to $10.7 billion in 2023, then fell by 5.91% to $10.0 billion in 2024, then slipped by 5.6% to $9.5 billion in 2025, then increased by 2.43% to $9.7 billion in 2026.
- The last three Invested Capital figures came in at $9.7 billion (Q1 2026), $9.5 billion (Q4 2025), and $9.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 11.10 Bn | 10.27 Bn | 1.77 Bn | 10.31 Bn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 348.74 Mn |
| 3 | Boyd Gaming | 6.64 Bn | 6.63 Bn | 742.51 Mn | 3.53 Bn |
| 4 | Caesars Entertainment | 6.02 Bn | 5.24 Bn | 2.71 Bn | 15.51 Bn |
| 5 | Vail Resorts | 4.87 Bn | 4.87 Bn | - | 3.94 Bn |
| 6 | Hilton Grand Vacations | 4.18 Bn | 4.07 Bn | 1.10 Bn | 6.11 Bn |
| 7 | Red Rock Resorts | 3.63 Bn | 3.60 Bn | 491.72 Mn | 195.08 Mn |
| 8 | Marriott Vacations Worldwide | 3.21 Bn | 2.94 Bn | 1.23 Bn | 1.99 Bn |
| 9 | PENN Entertainment | 2.83 Bn | 2.12 Bn | 971.20 Mn | 3.87 Bn |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 9.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.71 Bn |
| Dec 31, 2025 | 9.48 Bn |
| Sep 30, 2025 | 9.58 Bn |
| Jun 30, 2025 | 9.92 Bn |
| Mar 31, 2025 | 10.00 Bn |
| Dec 31, 2024 | 10.05 Bn |
| Sep 30, 2024 | 10.73 Bn |
| Jun 30, 2024 | 10.11 Bn |
| Mar 31, 2024 | 10.30 Bn |
| Dec 31, 2023 | 10.68 Bn |
| Sep 30, 2023 | 10.93 Bn |
| Jun 30, 2023 | 11.54 Bn |
| Mar 31, 2023 | 12.10 Bn |
| Dec 31, 2022 | 13.93 Bn |
| Sep 30, 2022 | 14.39 Bn |
| Jun 30, 2022 | 15.55 Bn |
| Mar 31, 2022 | 21.64 Bn |
| Dec 31, 2021 | 23.75 Bn |
| Sep 30, 2021 | 24.28 Bn |
| Jun 30, 2021 | 11.10 Bn |