MGM Resorts International (MGM) Shares Outstanding (2009 - 2026)
MGM Resorts International (MGM) reported Shares Outstanding of 254.02 million for Q2 2026, down 7.1% from 273.33 million a year earlier and down 0.9% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, MGM Resorts International posted Shares Outstanding of 275.05 million, down 10.5% from FY2024.
- Shares Outstanding has declined for eight consecutive years, with a five-year compound annual growth rate of -11.1% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 307.41 million in FY2024 (-13.4%), 354.93 million in FY2023 (-13.3%), 409.2 million in FY2022 (-15.1%) and 481.93 million in FY2021 (-2.5%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q4 2009.
- Year over year, Shares Outstanding has now declined in each of the last 34 quarters, with an average decline of 10.9% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 2.5% (Q4 2021) and 17.8% (Q3 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 256.35 million (Q1 2026), 275.05 million (Q4 2025) and 272.52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 654.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 496.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 175.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.15 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 222.63 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 102.57 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 254.02 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 204.00 Mn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 505.34 Mn |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 254.02 Mn |
| Mar 31, 2026 | 256.35 Mn |
| Dec 31, 2025 | 275.05 Mn |
| Sep 30, 2025 | 272.52 Mn |
| Jun 30, 2025 | 273.33 Mn |
| Mar 31, 2025 | 287.13 Mn |
| Dec 31, 2024 | 307.41 Mn |
| Sep 30, 2024 | 300.50 Mn |
| Jun 30, 2024 | 311.18 Mn |
| Mar 31, 2024 | 320.49 Mn |
| Dec 31, 2023 | 354.93 Mn |
| Sep 30, 2023 | 347.35 Mn |
| Jun 30, 2023 | 361.05 Mn |
| Mar 31, 2023 | 374.09 Mn |
| Dec 31, 2022 | 409.20 Mn |
| Sep 30, 2022 | 393.30 Mn |
| Jun 30, 2022 | 417.39 Mn |
| Mar 31, 2022 | 442.92 Mn |
| Dec 31, 2021 | 481.93 Mn |
| Sep 30, 2021 | 478.41 Mn |
API Access
MGM Resorts International Shares Outstanding 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=shares-outstanding&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();