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
DateValue
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%