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
DateValue
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