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| Date | Value |
|---|---|
| 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 |