MGM Resorts International (MGM) Operating Leases (2019 - 2026)
MGM Resorts International (MGM) posted Operating Leases of $23.9 billion for Q2 2026, down 4.67% sequentially from $25.0 billion in Q1 2026, and down 4.89% YoY from $25.1 billion in Q2 2025.
MGM Resorts International (MGM) Operating Leases (2019 - 2026) Analysis & Trends
MGM Resorts International has reported Operating Leases for 8 years, with the latest figure at $23.9 billion in Q2 2026.
- Quarterly Operating Leases fell 4.89% year-over-year to $23.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $23.9 billion (down 4.89% YoY) and the FY2025 annual result came in at $25.1 billion, changed 0.42% from the prior year.
- Operating Leases declined to $23.9 billion in Q2 2026 per MGM's latest filing, from $25.0 billion in the prior quarter.
- Over five years, Operating Leases peaked at $25.2 billion in Q4 2022 and troughed at $11.8 billion in Q1 2022.
- A 5-year average of $24.4 billion and a median of $25.2 billion in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2026: Operating Leases surged 199.65% in 2022, then slipped 4.89% in 2026.
- Over 5 years, Operating Leases stood at $25.2 billion in 2022, then fell by 0.0% to $25.2 billion in 2023, then decreased by 0.11% to $25.2 billion in 2024, then decreased by 0.42% to $25.1 billion in 2025, then retreated by 4.75% to $23.9 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $23.9 billion, $25.0 billion, and $25.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.66 Bn | 27.28 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 11.03 Bn | 8.48 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 10.34 Bn | 8.77 Bn | 1.14 Bn |
| 4 | Boyd Gaming | 6.07 Bn | 5.75 Bn | 766.76 Mn |
| 5 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn |
| 6 | Vail Resorts | 5.47 Bn | 5.10 Bn | - |
| 7 | Marriott Vacations Worldwide | 3.87 Bn | 3.57 Bn | 1.29 Bn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn |
| 9 | Red Rock Resorts | 3.55 Bn | 2.94 Bn | 420.02 Mn |
| 10 | PENN Entertainment | 2.50 Bn | 1.61 Bn | 1.02 Bn |
Historic Data
Download 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 |