MGM Resorts International (MGM) Tax Rate (2009 - 2026)
MGM Resorts International (MGM) posted Tax Rate of 21.94% for Q2 2026, up 61.62% sequentially from 13.58% in Q1 2026, and up 1023.0% YoY from 1.95% in Q2 2025.
MGM Resorts International (MGM) Tax Rate (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Tax Rate for 18 years, with the latest figure at 21.94% in Q2 2026.
- Quarterly Tax Rate rose 1023.0% year-over-year to 21.94% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 35.81% (down 4423.0% YoY) and the FY2025 annual result came in at 85.51%, down 9021.0% from the prior year.
- Tax Rate improved to 21.94% in Q2 2026 per MGM's latest filing, from 13.58% in the prior quarter.
- Over five years, Tax Rate peaked at 51.09% in Q1 2022 and troughed at 839.09% in Q4 2022.
- A 5-year average of 51.65% and a median of 12.21% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 86025 bps in 2022, then jumped 82050 bps in 2023.
- Over 5 years, Tax Rate stood at 839.09% in 2022, then soared by 98 bps to 18.6% in 2023, then grew by 16 bps to 15.67% in 2024, then plunged by 1709 bps to 283.44% in 2025, then soared by 108 bps to 21.94% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.94%, 13.58%, and 283.44% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 19.09% |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 21.94% |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 8.15% |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 22.64% |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 23.83% |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 23.69% |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 32.46% |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 34.78% |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 14.97% |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 17.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Jun 30, 2026 | 21.94% |
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 13.58% |
| Mar 31, 2026 | 13.58% |
| Mar 31, 2026 | 13.58% |
| Dec 31, 2025 | -283.44% |
| Dec 31, 2025 | -283.44% |
| Dec 31, 2025 | -283.44% |
| Sep 30, 2025 | 5.86% |
| Sep 30, 2025 | 5.86% |
| Sep 30, 2025 | 5.86% |
| Jun 30, 2025 | 11.71% |
| Jun 30, 2025 | 11.71% |
| Jun 30, 2025 | 11.71% |
| Mar 31, 2025 | 15.01% |
| Mar 31, 2025 | 15.01% |
| Mar 31, 2025 | 15.01% |
| Dec 31, 2024 | -15.67% |
| Dec 31, 2024 | -15.67% |