MGM Resorts International (MGM) Restructuring Costs (2009 - 2020)
MGM Resorts International (MGM) posted Restructuring Costs of $49.0 million for Q2 2020, up 40063.93% sequentially from $122000.0 in Q1 2020, and up 13.98% YoY from $43.0 million in Q3 2019.
MGM Resorts International (MGM) Restructuring Costs (2009 - 2020) Analysis & Trends
MGM Resorts International has reported Restructuring Costs for 12 years, with the latest figure at $49.0 million in Q2 2020.
- Quarterly Restructuring Costs rose 13.98% year-over-year to $49.0 million in Q2 2020, while the trailing twelve-month figure through Jun 2021 was $49.0 million (down 14.3% YoY) and the FY2020 annual result came in at $49.0 million, down 46.82% from the prior year.
- Restructuring Costs climbed to $49.0 million in Q2 2020 per MGM's latest filing, from $122000.0 in the prior quarter.
- Over five years, Restructuring Costs peaked at $66.9 million in Q1 2018 and troughed at -$132.9 million in Q4 2018.
- A 5-year average of $22.2 million and a median of $27.1 million in 2016 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 344.16% in 2018, down 350.88% in 2018.
- Over 5 years, Restructuring Costs stood at $61.6 million in 2016, then declined by 14.06% to $53.0 million in 2017, then sank by 350.88% to -$132.9 million in 2018, then soared by 104.18% to $5.6 million in 2019, then soared by 781.29% to $49.0 million in 2020.
- According to Business Quant data, Restructuring Costs over the past three periods registered $49.0 million, $122000.0, and $5.6 million for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn |
Historic Data
Download 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 |