MGM Resorts International (MGM) Restructuring Costs (2009 - 2020)

MGM Resorts International (MGM) reported Restructuring Costs of -$23.0 million for Q4 2020, down 124.94% on a YoY basis from $92.1 million in Q1 2020, and down 215.56% sequentially from $19.9 million in Q2 2020.

MGM Resorts International (MGM) Restructuring Costs (2009 - 2020) Analysis & Trends

MGM Resorts International (MGM) has 12 years of Restructuring Costs data on file, last reported at -$23.0 million in Q4 2020.

  • For the quarter ending Q4 2020, Restructuring Costs fell 124.94% year-over-year to -$23.0 million; the trailing twelve-month figure through Jun 2021 stood at -$3.1 million (down 102.76% YoY), and the FY2020 full-year result was $26.0 million, down 71.75% from the prior year.
  • Restructuring Costs declined to -$23.0 million in Q4 2020, from $19.9 million in the prior quarter.
  • In the past five years, Restructuring Costs ranged from a high of $92.1 million in Q4 2019 to a low of -$132.9 million in Q4 2018.
  • A 5-year average of $19.3 million and a median of $23.4 million in 2016 frame the typical range for Restructuring Costs.
  • Across the five-year window, Restructuring Costs sank 350.88% in 2018 and soared 169.34% in 2019, its largest moves.
  • Tracing MGM's Restructuring Costs over 5 years: stood at $61.6 million in 2016, then decreased by 14.06% to $53.0 million in 2017, then slumped by 350.88% to -$132.9 million in 2018, then soared by 169.34% to $92.1 million in 2019, then tumbled by 124.94% to -$23.0 million in 2020.
  • Business Quant data shows MGM's Restructuring Costs at -$23.0 million in Q4 2020, $19.9 million in Q2 2020, and $122000.0 in Q1 2020.

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
DateValue
Dec 31, 2020 -22.98 Mn
Jun 30, 2020 19.88 Mn
Mar 31, 2020 122,000.00
Dec 31, 2019 92.14 Mn
Jun 30, 2019 42.99 Mn
Mar 31, 2019 3.29 Mn
Dec 31, 2018 -132.88 Mn
Sep 30, 2018 46.89 Mn
Dec 31, 2017 52.97 Mn
Sep 30, 2017 29.35 Mn
Jun 30, 2017 21.09 Mn
Mar 31, 2017 15.07 Mn
Dec 31, 2016 61.63 Mn
Sep 30, 2016 31.66 Mn
Jun 30, 2016 24.82 Mn
Mar 31, 2016 21.96 Mn
Dec 31, 2015 71.33 Mn
Sep 30, 2015 16.51 Mn
Jun 30, 2015 17.89 Mn
Mar 31, 2015 15.87 Mn