MGM Resorts International MGM
NYSE MGM
$40.72 +0.06 (+0.14%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%