MGM Resorts International (MGM) Net Margin (2009 - 2026)
MGM Resorts International (MGM) posted Net Margin of 7.25% for Q2 2026, up 84.82% sequentially from 3.92% in Q1 2026, and up 457.0% YoY from 1.3% in Q2 2025.
MGM Resorts International (MGM) Net Margin (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Net Margin for 18 years, with the latest figure at 7.25% in Q2 2026.
- Quarterly Net Margin rose 457.0% year-over-year to 7.25% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.79% (down 101.0% YoY) and the FY2025 annual result came in at 2.97%, down 321.0% from the prior year.
- Net Margin advanced to 7.25% in Q2 2026 per MGM's latest filing, from 3.92% in the prior quarter.
- Over five years, Net Margin peaked at 49.7% in Q2 2022 and troughed at 31.06% in Q3 2022.
- A 5-year average of 4.91% and a median of 5.66% in 2024 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 4572 bps in 2022, down 8048 bps in 2022.
- Over 5 years, Net Margin stood at 8.91% in 2022, then surged by 197 bps to 8.68% in 2023, then slumped by 37 bps to 5.47% in 2024, then surged by 52 bps to 8.31% in 2025, then declined by 13 bps to 7.25% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.25%, 3.92%, and 8.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 11.83% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 7.25% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 9.83% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 12.56% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -1.37% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 28.23% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 5.83% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 1.10% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 15.01% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 1.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.25% |
| Mar 31, 2026 | 3.92% |
| Dec 31, 2025 | 8.31% |
| Sep 30, 2025 | -4.86% |
| Jun 30, 2025 | 2.68% |
| Mar 31, 2025 | 5.30% |
| Dec 31, 2024 | 5.47% |
| Sep 30, 2024 | 5.84% |
| Jun 30, 2024 | 6.54% |
| Mar 31, 2024 | 6.84% |
| Dec 31, 2023 | 8.68% |
| Sep 30, 2023 | 5.33% |
| Jun 30, 2023 | 6.18% |
| Mar 31, 2023 | 12.39% |
| Dec 31, 2022 | -8.91% |
| Sep 30, 2022 | -31.06% |
| Jun 30, 2022 | 49.70% |
| Mar 31, 2022 | -1.22% |
| Dec 31, 2021 | 3.80% |
| Sep 30, 2021 | 49.42% |