MGM Resorts International (MGM) Tax Rate (2009 - 2026)
MGM Resorts International's (MGM) quarterly Tax Rate came in at 21.94% in Q2 2026, up 1023.0% year-over-year from 1.95% in Q2 2025, and up 61.62% quarter-over-quarter from 13.58% in Q1 2026.
Analysis
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 21.94% for Q2 2026.
- In Q2 2026, Tax Rate rose 1023.0% year-over-year to 21.94%; the TTM figure through Jun 2026 stood at 35.81% (down 4423.0% YoY), while the FY2025 annual figure was 85.51%, down 9021.0% from the prior year.
- Tax Rate came in at 21.94% for Q2 2026 at MGM Resorts International, up from 13.58% 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.
- Average Tax Rate over 5 years is 51.65%, with a median of 12.21% recorded in 2024.
- Year-over-year, Tax Rate slumped 86025 bps in 2022 and soared 82050 bps in 2023.
- Over 5 years, 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 slumped by 1709 bps to 283.44% in 2025, then jumped by 108 bps to 21.94% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.94% in Q2 2026, 13.58% in Q1 2026, and 283.44% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 19.09% |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 21.94% |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 8.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 22.64% |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 26.22% |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 23.83% |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 14.97% |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 17.88% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 17.38% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | -5.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 13.58% |
| Dec 31, 2025 | -283.44% |
| Sep 30, 2025 | 5.86% |
| Jun 30, 2025 | 11.71% |
| Mar 31, 2025 | 15.01% |
| Dec 31, 2024 | -15.67% |
| Sep 30, 2024 | 17.72% |
| Jun 30, 2024 | -4.26% |
| Mar 31, 2024 | 12.72% |
| Dec 31, 2023 | -18.60% |
| Sep 30, 2023 | 5.55% |
| Jun 30, 2023 | 13.85% |
| Mar 31, 2023 | 25.68% |
| Dec 31, 2022 | -839.09% |
| Sep 30, 2022 | 10.57% |
| Jun 30, 2022 | 26.09% |
| Mar 31, 2022 | 51.09% |
| Dec 31, 2021 | 21.16% |
| Sep 30, 2021 | 17.41% |