Growth Metrics

MGM Resorts International (MGM) Operating Margin (2016 - 2025)

MGM Resorts International (MGM) has disclosed Operating Margin for 17 consecutive years, with 7.06% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 35.0% to 7.06% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 5.71% through Dec 2025, down 293.0% year-over-year, with the annual reading at 5.71% for FY2025, 293.0% down from the prior year.
  • Operating Margin hit 7.06% in Q4 2025 for MGM Resorts International, up from 2.66% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 72.94% in Q2 2022 to a low of 30.62% in Q3 2022.
  • Historically, Operating Margin has averaged 11.45% across 5 years, with a median of 9.25% in 2023.
  • Biggest five-year swings in Operating Margin: soared 36860bps in 2021 and later plummeted -10053bps in 2022.
  • Year by year, Operating Margin stood at 12.07% in 2021, then tumbled by -100bps to 0.05% in 2022, then surged by 18258bps to 9.58% in 2023, then plummeted by -30bps to 6.71% in 2024, then rose by 5bps to 7.06% in 2025.
  • Business Quant data shows Operating Margin for MGM at 7.06% in Q4 2025, 2.66% in Q3 2025, and 9.18% in Q2 2025.