MGM Resorts International (MGM) Times Interest Earned (2009 - 2026)
MGM Resorts International's (MGM) Times Interest Earned was 4.93 for Q2 2026, up 28.7% from 3.83 a year earlier and up 64.8% from the prior quarter.
MGM Resorts International (MGM) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MGM Resorts International's Times Interest Earned came in at 2.49, down 22.8% year-over-year; for FY2025, it was 2.39, down 28.9% from FY2024.
- By year, Times Interest Earned came in at 3.36 in FY2024 (-18.2%), 4.11 in FY2023 (+69.9%), 2.42 in FY2022 (-15.1%) and 2.85 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Times Interest Earned since Q1 2023.
- Year over year, Times Interest Earned gained in three of the last seven quarters, with an average decline of 4.4%.
- The high point for year-over-year Times Interest Earned in five years was Q1 2023 (growth of 939.7%); the low point was Q2 2023 (a decline of 81.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.99 (Q1 2026), 3.13 (Q4 2025) and -1.10 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 3.27 |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | - |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 7.23 |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | - |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 1.96 |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 4.93 |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 5.10 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.93 |
| Mar 31, 2026 | 2.99 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | -1.10 |
| Jun 30, 2025 | 3.83 |
| Mar 31, 2025 | 3.59 |
| Dec 31, 2024 | 2.69 |
| Sep 30, 2024 | 2.81 |
| Jun 30, 2024 | 3.78 |
| Mar 31, 2024 | 4.17 |
| Dec 31, 2023 | 3.92 |
| Sep 30, 2023 | 3.33 |
| Jun 30, 2023 | 3.32 |
| Mar 31, 2023 | 5.61 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -8.36 |
| Jun 30, 2022 | 17.44 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 1.83 |
| Sep 30, 2021 | 9.46 |
MGM Resorts International Times Interest Earned 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=times-interest-earned&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();