Melco Resorts & Entertainment (MLCO) Change in Taxes (2010 - 2022)

Melco Resorts & Entertainment (MLCO) reported Change in Taxes of $5.2 million for Q4 2022, up 9.62% on a YoY basis from $4.7 million in Q4 2021, and up 210.37% sequentially from -$4.7 million in Q3 2022.

Melco Resorts & Entertainment (MLCO) Change in Taxes (2010 - 2022) Analysis & Trends

Melco Resorts & Entertainment (MLCO) has 8 years of Change in Taxes data on file, last reported at $5.2 million in Q4 2022.

  • For the quarter ending Q4 2022, Change in Taxes rose 9.62% year-over-year to $5.2 million; the trailing twelve-month figure through Dec 2022 stood at $2.8 million (up 19.76% YoY), and the FY2024 full-year result was $5.7 million, up 956.16% from the prior year.
  • Change in Taxes grew to $5.2 million in Q4 2022, from -$4.7 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $5.2 million in Q4 2022 to a low of -$4.7 million in Q3 2021.
  • A 4-year average of $401153.8 and a median of -$2.3 million in 2019 frame the typical range for Change in Taxes.
  • Across the five-year window, Change in Taxes fell 1.15% in 2021 and increased 9.62% in 2022, its largest moves.
  • Tracing MLCO's Change in Taxes over 4 years: stood at $4.7 million in 2019, then tumbled by 150.0% to -$2.3 million in 2020, then soared by 302.56% to $4.7 million in 2021, then grew by 9.62% to $5.2 million in 2022.
  • Business Quant data shows MLCO's Change in Taxes at $5.2 million in Q4 2022, -$4.7 million in Q3 2022, and $4.7 million in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 125.81 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn -
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -3.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - -24.71 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn -
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 10.26 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 5.20 Mn
Dec 31, 2022 5.20 Mn
Sep 30, 2022 -4.71 Mn
Sep 30, 2022 -4.71 Mn
Jun 30, 2022 4.71 Mn
Jun 30, 2022 4.71 Mn
Mar 31, 2022 -2.35 Mn
Mar 31, 2022 -2.35 Mn
Dec 31, 2021 4.74 Mn
Dec 31, 2021 4.74 Mn
Sep 30, 2021 -4.73 Mn
Sep 30, 2021 -4.73 Mn
Jun 30, 2021 4.73 Mn
Jun 30, 2021 4.73 Mn
Mar 31, 2021 -2.37 Mn
Mar 31, 2021 -2.37 Mn
Mar 31, 2020 -2.34 Mn
Mar 31, 2020 -2.34 Mn
Dec 31, 2019 4.68 Mn
Dec 31, 2019 4.68 Mn