MGM Resorts International (MGM) Tax Rate (2009 - 2026)
MGM Resorts International's (MGM) quarterly Tax Rate came in at 13.58% in Q1 2026, down 144.0% year-on-year from 30.85% in Q1 2025, and up 104.79% quarter-over-quarter from 283.44% in Q4 2025.
MGM Resorts International (MGM) Tax Rate (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Tax Rate across 18 years of filings, most recently posting 13.58% for Q1 2026.
- Tax Rate for Q1 2026 came in at 13.58%, down 144.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 116.85% (down 12155.0% YoY), and the FY2025 annual result was 85.51%, down 9021.0% from the prior year.
- Tax Rate came in at 13.58% for Q1 2026 at MGM Resorts International, up from 283.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 51.09% in Q1 2022 to a low of 839.09% in Q4 2022.
- The 5-year median for Tax Rate is 11.71% (2025), against an average of 55.98%.
- Across the five-year window, Tax Rate tumbled 86025 bps in 2022 and surged 82050 bps in 2023, its largest moves.
- MGM Resorts International's Tax Rate stood at 839.09% in 2022, then jumped by 98 bps to 18.6% in 2023, then advanced by 16 bps to 15.67% in 2024, then plunged by 1709 bps to 283.44% in 2025, then jumped by 105 bps to 13.58% in 2026.
- The last three Tax Rate figures came in at 13.58% (Q1 2026), 283.44% (Q4 2025), and 5.86% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 6.31 |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -9.13 |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 23.88 |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -16.90 |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 23.69 |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 8.11 |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 13.69 |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | 51.11 |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 147.46 |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 13.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.58% |
| Mar 31, 2026 | 13.58% |
| Dec 31, 2025 | -283.44% |
| Dec 31, 2025 | -283.44% |
| Sep 30, 2025 | 5.86% |
| Sep 30, 2025 | 5.86% |
| Jun 30, 2025 | 11.71% |
| Jun 30, 2025 | 11.71% |
| Mar 31, 2025 | 15.01% |
| Mar 31, 2025 | 15.01% |
| Dec 31, 2024 | -15.67% |
| Dec 31, 2024 | -15.67% |
| Sep 30, 2024 | 17.72% |
| Sep 30, 2024 | 17.72% |
| Jun 30, 2024 | -4.26% |
| Jun 30, 2024 | -4.26% |
| Mar 31, 2024 | 12.72% |
| Mar 31, 2024 | 12.72% |
| Dec 31, 2023 | -18.60% |
| Dec 31, 2023 | -18.60% |