MGM Resorts International (MGM) Operating Leases (2019 - 2026)
MGM Resorts International's (MGM) quarterly Operating Leases came in at $23.9 billion in Q2 2026, down 4.89% year-over-year from $25.1 billion in Q2 2025, and down 4.67% quarter-over-quarter from $25.0 billion in Q1 2026.
Analysis
MGM Resorts International (MGM) Operating Leases (2019 - 2026) Analysis & Trends
MGM Resorts International has disclosed Operating Leases across 8 years of filings, most recently posting $23.9 billion for Q2 2026.
- In Q2 2026, Operating Leases fell 4.89% year-over-year to $23.9 billion; the TTM figure through Jun 2026 stood at $23.9 billion (down 4.89% YoY), while the FY2025 annual figure was $25.1 billion, changed 0.42% from the prior year.
- Operating Leases came in at $23.9 billion for Q2 2026 at MGM Resorts International, down from $25.0 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $25.2 billion in Q4 2022 to a low of $11.8 billion in Q1 2022.
- Average Operating Leases over 5 years is $24.4 billion, with a median of $25.2 billion recorded in 2022.
- Year-over-year, Operating Leases jumped 199.65% in 2022 and decreased 4.89% in 2026.
- Over 5 years, Operating Leases stood at $25.2 billion in 2022, then dropped by 0.0% to $25.2 billion in 2023, then fell by 0.11% to $25.2 billion in 2024, then fell by 0.42% to $25.1 billion in 2025, then declined by 4.75% to $23.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $23.9 billion in Q2 2026, $25.0 billion in Q1 2026, and $25.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.88 Bn |
| Mar 31, 2026 | 25.05 Bn |
| Dec 31, 2025 | 25.07 Bn |
| Sep 30, 2025 | 25.09 Bn |
| Jun 30, 2025 | 25.10 Bn |
| Mar 31, 2025 | 25.16 Bn |
| Dec 31, 2024 | 25.17 Bn |
| Sep 30, 2024 | 25.18 Bn |
| Jun 30, 2024 | 25.19 Bn |
| Mar 31, 2024 | 25.19 Bn |
| Dec 31, 2023 | 25.20 Bn |
| Sep 30, 2023 | 25.20 Bn |
| Jun 30, 2023 | 25.20 Bn |
| Mar 31, 2023 | 25.20 Bn |
| Dec 31, 2022 | 25.20 Bn |
| Sep 30, 2022 | 25.19 Bn |
| Jun 30, 2022 | 25.18 Bn |
| Mar 31, 2022 | 11.84 Bn |
| Dec 31, 2021 | 11.83 Bn |
| Sep 30, 2021 | 11.81 Bn |