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| Date | Value |
|---|---|
| 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 |