MGM Resorts International (MGM) Restructuring Costs (2009 - 2020)
MGM Resorts International's (MGM) quarterly Restructuring Costs came in at $49.0 million in Q2 2020, up 13.98% year-over-year from $43.0 million in Q3 2019, and up 40063.93% quarter-over-quarter from $122000.0 in Q1 2020.
Analysis
MGM Resorts International (MGM) Restructuring Costs (2009 - 2020) Analysis & Trends
MGM Resorts International has disclosed Restructuring Costs across 12 years of filings, most recently posting $49.0 million for Q2 2020.
- In Q2 2020, Restructuring Costs rose 13.98% year-over-year to $49.0 million; the TTM figure through Jun 2021 stood at $49.0 million (down 14.3% YoY), while the FY2020 annual figure was $49.0 million, down 46.82% from the prior year.
- Restructuring Costs came in at $49.0 million for Q2 2020 at MGM Resorts International, up from $122000.0 in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $66.9 million in Q1 2018 to a low of -$132.9 million in Q4 2018.
- Average Restructuring Costs over 5 years is $22.2 million, with a median of $27.1 million recorded in 2016.
- The largest YoY upside for Restructuring Costs was 344.16% in 2018 against a maximum downside of 350.88% in 2018.
- Over 5 years, Restructuring Costs stood at $61.6 million in 2016, then slipped by 14.06% to $53.0 million in 2017, then tumbled by 350.88% to -$132.9 million in 2018, then jumped by 104.18% to $5.6 million in 2019, then jumped by 781.29% to $49.0 million in 2020.
- Per Business Quant data, the three most recent Restructuring Costs figures were $49.0 million in Q2 2020, $122000.0 in Q1 2020, and $5.6 million in Q4 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 49.00 Mn |
| Mar 31, 2020 | 122,000.00 |
| Dec 31, 2019 | 5.56 Mn |
| Sep 30, 2019 | 2.49 Mn |
| Jun 30, 2019 | 42.99 Mn |
| Mar 31, 2019 | 41.10 Mn |
| Dec 31, 2018 | -132.88 Mn |
| Sep 30, 2018 | 46.89 Mn |
| Jun 30, 2018 | 19.08 Mn |
| Mar 31, 2018 | 66.92 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 | 21.06 Mn |
| Sep 30, 2015 | 16.51 Mn |