MGM Resorts International (MGM) Return on Capital Employed [ROCE] (2009 - 2026)
MGM Resorts International's Return on Capital Employed [ROCE] was 3.44% in Q3 2026, up 0.92 percentage points from 2.52% a year earlier and up 0.72 percentage points from the prior quarter.
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Analysis
MGM Resorts International (MGM) Return on Capital Employed [ROCE] (2009 - 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).
- The Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q2 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in 1 of the last eight quarters, with an average year-over-year change of -0.78 percentage points.
- 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 Q3 2026 was 2.72% (Q2 2026), 2.42% (Q1 2026) and 2.64% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | 9.86% |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 9.33% |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 18.93% |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | -15.96% |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | -4.45% |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 7.34% |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 3.44% |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | 3.51% |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 12.02% |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 12.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.44% |
| 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% |
API Access
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_KEYimport 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();