MGM Resorts International (MGM) Tax Rate (2009 - 2026)

MGM Resorts International (MGM) reported Tax Rate of 13.58% for Q1 2026, down 144.0% on a YoY basis from 30.85% in Q1 2025, and up 104.79% sequentially from 283.44% in Q4 2025.

MGM Resorts International (MGM) Tax Rate (2009 - 2026) Analysis & Trends

MGM Resorts International (MGM) has 18 years of Tax Rate data on file, last reported at 13.58% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 144.0% year-over-year to 13.58%; the trailing twelve-month figure through Mar 2026 stood at 116.85% (down 12155.0% YoY), and the FY2025 full-year result was 85.51%, down 9021.0% from the prior year.
  • Tax Rate grew to 13.58% in Q1 2026, 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.
  • A 5-year average of 55.98% and a median of 11.71% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 86025 bps in 2022 and surged 82050 bps in 2023, its largest moves.
  • Tracing MGM's Tax Rate over 5 years: stood at 839.09% in 2022, then soared by 98 bps to 18.6% in 2023, then gained by 16 bps to 15.67% in 2024, then sank by 1709 bps to 283.44% in 2025, then soared by 105 bps to 13.58% in 2026.
  • Business Quant data shows MGM's Tax Rate at 13.58% in Q1 2026, 283.44% in Q4 2025, and 5.86% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 14.30
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 13.58
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 6.29
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 23.88
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -9.13
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -16.90
7 Vail Resorts 5.23 Bn 5.21 Bn - 23.69
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 8.11
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 13.69
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -49.40

Historic Data

Download Data
DateValue
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
Dec 31, 2024 -15.67
Sep 30, 2024 17.72
Sep 30, 2024 17.72