MGM Resorts International (MGM) Non-Current Deferred Tax Liability (2009 - 2026)
MGM Resorts International (MGM) reported Non-Current Deferred Tax Liability of $2.6 billion for Q1 2026, down 6.97% on a YoY basis from $2.8 billion in Q1 2025, and little changed sequentially from $2.6 billion in Q4 2025.
MGM Resorts International (MGM) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Deferred Tax Liability fell 6.97% year-over-year to $2.6 billion; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (down 6.97% YoY), and the FY2025 full-year result was $2.6 billion, down 70.25% from the prior year.
- Non-Current Deferred Tax Liability was little changed at $2.6 billion in Q1 2026, from $2.6 billion in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $8.8 billion in Q4 2023 to a low of $2.4 billion in Q1 2022.
- A 5-year average of $3.5 billion and a median of $2.8 billion in 2022 frame the typical range for Non-Current Deferred Tax Liability.
- Across the five-year window, Non-Current Deferred Tax Liability soared 197.25% in 2023 and slumped 70.25% in 2025, its largest moves.
- Tracing MGM's Non-Current Deferred Tax Liability over 5 years: stood at $3.0 billion in 2022, then soared by 197.25% to $8.8 billion in 2023, then decreased by 0.33% to $8.8 billion in 2024, then tumbled by 70.25% to $2.6 billion in 2025, then fell by 0.1% to $2.6 billion in 2026.
- Business Quant data shows MGM's Non-Current Deferred Tax Liability at $2.6 billion in Q1 2026, $2.6 billion in Q4 2025, and $2.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.61 Bn |
| Mar 31, 2026 | 2.61 Bn |
| Dec 31, 2025 | 2.62 Bn |
| Dec 31, 2025 | 2.62 Bn |
| Sep 30, 2025 | 2.84 Bn |
| Sep 30, 2025 | 2.84 Bn |
| Jun 30, 2025 | 2.80 Bn |
| Jun 30, 2025 | 2.80 Bn |
| Mar 31, 2025 | 2.81 Bn |
| Mar 31, 2025 | 2.81 Bn |
| Dec 31, 2024 | 8.80 Bn |
| Dec 31, 2024 | 8.80 Bn |
| Sep 30, 2024 | 2.79 Bn |
| Sep 30, 2024 | 2.79 Bn |
| Jun 30, 2024 | 2.80 Bn |
| Jun 30, 2024 | 2.80 Bn |
| Mar 31, 2024 | 2.85 Bn |
| Mar 31, 2024 | 2.85 Bn |
| Dec 31, 2023 | 8.83 Bn |
| Dec 31, 2023 | 8.83 Bn |