MGM Resorts International MGM
NYSE MGM
$40.69 +0.03 (+0.09%)
As of: Sep 10, 2026 · 9:54 AM EDT

MGM Resorts International (MGM) Net Margin (2009 - 2026)

MGM Resorts International's (MGM) quarterly Net Margin came in at 7.25% in Q2 2026, up 457.0% year-over-year from 1.3% in Q2 2025, and up 84.82% quarter-over-quarter from 3.92% in Q1 2026.

Analysis

MGM Resorts International (MGM) Net Margin (2009 - 2026) Analysis & Trends

MGM Resorts International has disclosed Net Margin across 18 years of filings, most recently posting 7.25% for Q2 2026.

  • In Q2 2026, Net Margin rose 457.0% year-over-year to 7.25%; the TTM figure through Jun 2026 stood at 3.79% (down 101.0% YoY), while the FY2025 annual figure was 2.97%, down 321.0% from the prior year.
  • Net Margin came in at 7.25% for Q2 2026 at MGM Resorts International, up from 3.92% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 49.7% in Q2 2022 to a low of 31.06% in Q3 2022.
  • Average Net Margin over 5 years is 4.91%, with a median of 5.66% recorded in 2024.
  • The largest YoY upside for Net Margin was 4572 bps in 2022 against a maximum downside of 8048 bps in 2022.
  • Over 5 years, Net Margin stood at 8.91% in 2022, then soared by 197 bps to 8.68% in 2023, then plunged by 37 bps to 5.47% in 2024, then soared by 52 bps to 8.31% in 2025, then slipped by 13 bps to 7.25% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 7.25% in Q2 2026, 3.92% in Q1 2026, and 8.31% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Las Vegas Sands 27.60 Bn 24.22 Bn 1.81 Bn 11.83%
2 MGM Resorts International 10.33 Bn 7.78 Bn 3.10 Bn 7.25%
3 Wynn Resorts 9.08 Bn 7.51 Bn 1.14 Bn 9.83%
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn -1.37%
5 Churchill Downs 5.84 Bn 5.64 Bn 712.00 Mn 24.69%
6 Boyd Gaming 5.62 Bn 5.29 Bn 766.76 Mn 12.56%
7 Red Rock Resorts 3.15 Bn 2.55 Bn 420.02 Mn 15.01%
8 PENN Entertainment 2.26 Bn 1.37 Bn 1.02 Bn 1.76%
9 Monarch Casino & Resort 2.16 Bn 2.02 Bn 38.62 Mn 22.81%
10 Melco Resorts & Entertainment 1.97 Bn 1.39 Bn 1.05 Bn 3.09%
Historic Data

Historic Data

Download Data
DateValue
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%