MGM Resorts International (MGM) Return on Capital Employed [ROCE] (2010 - 2026)
MGM Resorts International's Return on Capital Employed [ROCE] was 2.72% in Q2 2026, down 0.89 percentage points from 3.61% a year earlier but up 0.31 percentage points from the prior quarter.
MGM Resorts International (MGM) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at MGM Resorts International came in at 2.62%, down 1.21 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +4.54 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 3.83% in FY2024 (-0.80 pp), 4.62% in FY2023 (+0.91 pp), 3.71% in FY2022 (-2.75 pp) and 6.46% in FY2021 (+8.39 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 0.13% (Q2 2023) and 12.50% (Q2 2022) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for seven straight quarters, with an average year-over-year change of -0.83 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2022 (a gain of 14.90 percentage points); the worst was Q2 2023 (a drop of 12.36 percentage points).
- Per Business Quant data, MGM's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 2.42% (Q1 2026), 2.64% (Q4 2025) and 2.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 18.16% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -6.65% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -2.75% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 3.28% |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 7.26% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 11.51% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 2.72% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 11.77% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 6.32% |
| 10 | Super Group (SGHC) | 5.70 Bn | 3.69 Bn | - | 39.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72% |
| 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% |
MGM Resorts International Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();