Melco Resorts & Entertainment (MLCO) Capital Expenditures (2010 - 2025)
Melco Resorts & Entertainment (MLCO) posted Capital Expenditures of $432.1 million for Q4 2025, up 1148.04% sequentially from -$41.2 million in Q3 2025, and up 36.63% YoY from $316.3 million in Q4 2024.
Melco Resorts & Entertainment (MLCO) Capital Expenditures (2010 - 2025) Analysis & Trends
Melco Resorts & Entertainment has reported Capital Expenditures for 15 years, with the latest figure at $432.1 million in Q4 2025.
- Quarterly Capital Expenditures rose 36.63% year-over-year to $432.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $678.6 million (down 13.56% YoY) and the FY2025 annual result came in at $307.2 million, up 34.89% from the prior year.
- Capital Expenditures improved to $432.1 million in Q4 2025 per MLCO's latest filing, from -$41.2 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $604.5 million in Q4 2021 and troughed at -$41.2 million in Q3 2025.
- A 4-year average of $140.9 million and a median of -$11.1 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2021 and 2025: Capital Expenditures surged 73.75% in 2021, then slumped 44.27% in 2025.
- Over 4 years, Capital Expenditures stood at $604.5 million in 2021, then retreated by 15.85% to $508.7 million in 2022, then plunged by 37.83% to $316.3 million in 2024, then soared by 36.63% to $432.1 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $432.1 million, -$41.2 million, and $316.3 million for Q4 2025, Q3 2025, and Q4 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.62 Bn | 27.25 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 10.97 Bn | 8.42 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 10.37 Bn | 8.80 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Boyd Gaming | 6.08 Bn | 5.75 Bn | 766.76 Mn | 141.93 Mn |
| 5 | Caesars Entertainment | 6.06 Bn | 5.00 Bn | 2.04 Bn | 167.00 Mn |
| 6 | Vail Resorts | 5.48 Bn | 5.11 Bn | - | 35.06 Mn |
| 7 | Marriott Vacations Worldwide | 3.88 Bn | 3.58 Bn | 1.29 Bn | 14.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 18.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.92 Bn | 420.02 Mn | 139.78 Mn |
| 10 | Melco Resorts & Entertainment | 2.14 Bn | 1.52 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 432.13 Mn |
| Dec 31, 2025 | 432.13 Mn |
| Sep 30, 2025 | -41.23 Mn |
| Sep 30, 2025 | -41.23 Mn |
| Dec 31, 2024 | 316.29 Mn |
| Dec 31, 2024 | 316.29 Mn |
| Sep 30, 2024 | -28.58 Mn |
| Sep 30, 2024 | -28.58 Mn |
| Dec 31, 2022 | 508.72 Mn |
| Dec 31, 2022 | 508.72 Mn |
| Sep 30, 2022 | -11.40 Mn |
| Sep 30, 2022 | -11.40 Mn |
| Jun 30, 2022 | -6.62 Mn |
| Jun 30, 2022 | -6.62 Mn |
| Mar 31, 2022 | -10.82 Mn |
| Mar 31, 2022 | -10.82 Mn |
| Dec 31, 2021 | 604.54 Mn |
| Dec 31, 2021 | 604.54 Mn |
| Sep 30, 2021 | -19.53 Mn |
| Sep 30, 2021 | -19.53 Mn |