MGM Resorts International (MGM) Tax Rate (2013 - 2026)
MGM Resorts International's Tax Rate was 21.94% in Q2 2026, up 10.23 percentage points from 11.71% a year earlier and up 8.37 percentage points from the prior quarter.
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Analysis
MGM Resorts International (MGM) Tax Rate (2013 - 2026) Analysis & Trends
For FY2024, Tax Rate at MGM Resorts International came in at 4.70%, down 6.02 percentage points from FY2023.
- Tax Rate shows a five-year change of -17.52 percentage points (FY2019 to FY2024).
- In earlier years, Tax Rate was 10.72% in FY2023 (-66.41 pp), 77.13% in FY2022 (+59.79 pp) and 17.34% in FY2021.
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q1 2023.
- Compared with a year earlier, Tax Rate was higher in three of the last four quarters, with an average year-over-year change of +5.82 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 22.47% |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | - |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 25.99% |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | - |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | 13.23% |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | - |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 15.96% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 20.36% |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 27.93% |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 13.58% |
| Jun 30, 2025 | 11.71% |
| Mar 31, 2025 | 15.01% |
| Sep 30, 2024 | 17.72% |
| Mar 31, 2024 | 12.72% |
| Sep 30, 2023 | 5.55% |
| Jun 30, 2023 | 13.85% |
| Mar 31, 2023 | 25.68% |
| Jun 30, 2022 | 26.09% |
| Dec 31, 2021 | 21.16% |
| Sep 30, 2021 | 17.41% |
| Jun 30, 2021 | 27.83% |
| Mar 31, 2020 | 28.00% |
| Dec 31, 2019 | 21.22% |
| Jun 30, 2019 | 13.35% |
| Mar 31, 2019 | 51.94% |
| Dec 31, 2018 | 93.41% |
| Sep 30, 2018 | 10.00% |
| Jun 30, 2018 | 14.45% |
API Access
MGM Resorts International Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();