MGM Resorts International (MGM) Return on Capital Employed (2010 - 2026)
MGM Resorts International (MGM) reported Return on Capital Employed of 2.42% for Q1 2026, down 123.0% on a YoY basis from 10.5% in Q1 2025, and down 8.64% sequentially from 2.64% in Q4 2025.
MGM Resorts International (MGM) Return on Capital Employed (2010 - 2026) Analysis & Trends
MGM Resorts International (MGM) has 17 years of Return on Capital Employed data on file, last reported at 2.42% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 123.0% year-over-year to 2.42%; the trailing twelve-month figure through Mar 2026 stood at 2.42% (down 123.0% YoY), and the FY2025 full-year result was 2.62%, down 121.0% from the prior year.
- Return on Capital Employed fell to 2.42% in Q1 2026, from 2.64% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 12.5% in Q2 2022 to a low of 0.13% in Q2 2023.
- A 5-year average of 4.26% and a median of 3.81% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed jumped 1490 bps in 2022 and sank 1236 bps in 2023, its largest moves.
- Tracing MGM's Return on Capital Employed over 5 years: stood at 3.43% in 2022, then surged by 40 bps to 4.81% in 2023, then dropped by 21 bps to 3.81% in 2024, then plunged by 31 bps to 2.64% in 2025, then decreased by 9 bps to 2.42% in 2026.
- Business Quant data shows MGM's Return on Capital Employed at 2.42% in Q1 2026, 2.64% in Q4 2025, and 2.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 18.40% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 2.42% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 10.25% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 12.48% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -5.19% |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 6.33% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 9.36% |
| 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 | 15.24% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.42% |
| Dec 31, 2025 | 2.64% |
| Sep 30, 2025 | 2.52% |
| Jun 30, 2025 | 3.61% |
| Mar 31, 2025 | 3.64% |
| Dec 31, 2024 | 3.81% |
| Sep 30, 2024 | 4.22% |
| Jun 30, 2024 | 4.30% |
| Mar 31, 2024 | 4.13% |
| Dec 31, 2023 | 4.81% |
| Sep 30, 2023 | 3.70% |
| Jun 30, 2023 | 0.13% |
| Mar 31, 2023 | 4.94% |
| Dec 31, 2022 | 3.43% |
| Sep 30, 2022 | 4.31% |
| Jun 30, 2022 | 12.50% |
| Mar 31, 2022 | 7.27% |
| Dec 31, 2021 | 6.05% |
| Sep 30, 2021 | 4.34% |
| Jun 30, 2021 | -2.40% |