MGM Resorts International (MGM) Shares Outstanding (Entity) (2009 - 2026)
MGM Resorts International's Shares Outstanding (Entity) was 251.6 million in Q3 2026, down 7.6% from 272.21 million a year earlier and unchanged from the prior quarter.
MGM Resorts International (MGM) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at MGM Resorts International came in at 258.32 million, down 12.2% from FY2024.
- Shares Outstanding (Entity) has now declined for nine consecutive years, with a five-year compound annual growth rate of -12.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 294.37 million in FY2024 (-9.9%), 326.55 million in FY2023 (-13.9%), 379.09 million in FY2022 (-16.5%) and 453.8 million in FY2021 (-8.2%).
- Quarterly Shares Outstanding (Entity) has moved between 251.59 million (Q2 2026) and 453.8 million (Q4 2021) over five years.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for 37 straight quarters, with an average decline of 9.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Entity) ranged from 7.6% (Q2 2026) to 18.1% (Q2 2022).
- Per Business Quant data, MGM's Shares Outstanding (Entity) in the three quarters before Q3 2026 was 251.59 million (Q2 2026), 255.85 million (Q1 2026) and 258.32 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | 513.87 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | - |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 627.00 Mn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | 891.01 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 173.87 Mn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 224.54 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 251.60 Mn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | 24.12 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 76.30 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 68.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 251.60 Mn |
| Jun 30, 2026 | 251.59 Mn |
| Mar 31, 2026 | 255.85 Mn |
| Dec 31, 2025 | 258.32 Mn |
| Sep 30, 2025 | 272.21 Mn |
| Jun 30, 2025 | 272.18 Mn |
| Mar 31, 2025 | 279.65 Mn |
| Dec 31, 2024 | 294.37 Mn |
| Sep 30, 2024 | 296.89 Mn |
| Jun 30, 2024 | 304.96 Mn |
| Mar 31, 2024 | 314.92 Mn |
| Dec 31, 2023 | 326.55 Mn |
| Sep 30, 2023 | 340.91 Mn |
| Jun 30, 2023 | 352.79 Mn |
| Mar 31, 2023 | 367.24 Mn |
| Dec 31, 2022 | 379.09 Mn |
| Sep 30, 2022 | 388.76 Mn |
| Jun 30, 2022 | 398.42 Mn |
| Mar 31, 2022 | 430.56 Mn |
| Dec 31, 2021 | 453.80 Mn |
MGM Resorts International Shares Outstanding (Entity) 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-entity&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();