MGM Resorts International (MGM) Restructuring Costs (2009 - 2020)
MGM Resorts International's (MGM) quarterly Restructuring Costs came in at $6.1 million in Q4 2020, down 93.33% year-on-year from $92.1 million in Q1 2020, and down 69.1% quarter-over-quarter from $19.9 million in Q2 2020.
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 $6.1 million for Q4 2020.
- Restructuring Costs for Q4 2020 came in at $6.1 million, down 93.33% year-over-year; the trailing twelve-month figure through Jun 2021 was $26.0 million (down 76.77% YoY), and the FY2020 annual result was $26.0 million, down 71.75% from the prior year.
- Restructuring Costs came in at $6.1 million for Q4 2020 at MGM Resorts International, down 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.
- The 5-year median for Restructuring Costs is $22.0 million (2016), against an average of $16.2 million.
- Across the five-year window, Restructuring Costs tumbled 206.29% in 2017 and surged 344.16% in 2018, its largest moves.
- MGM Resorts International's Restructuring Costs stood at $61.6 million in 2016, then sank by 206.29% to -$65.5 million in 2017, then plunged by 102.85% to -$132.9 million in 2018, then jumped by 169.34% to $92.1 million in 2019, then slumped by 93.33% to $6.1 million in 2020.
- The last three Restructuring Costs figures came in at $6.1 million (Q4 2020), $19.9 million (Q2 2020), and $92.1 million (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn |
| 10 | MGM Resorts International | - | - | 3.88 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 6.14 Mn |
| Jun 30, 2020 | 19.88 Mn |
| Dec 31, 2019 | 92.14 Mn |
| Mar 31, 2019 | 3.29 Mn |
| Dec 31, 2018 | -132.88 Mn |
| Sep 30, 2018 | 46.89 Mn |
| Mar 31, 2018 | 66.92 Mn |
| Dec 31, 2017 | -65.51 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 |
| Jun 30, 2015 | 17.89 Mn |
| Mar 31, 2015 | 15.87 Mn |
| Dec 31, 2014 | -25.63 Mn |