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| Date | Value |
|---|---|
| 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 |