Melco Resorts & Entertainment (MLCO) Debt to Equity (2009 - 2025)
Melco Resorts & Entertainment's (MLCO) quarterly Debt to Equity came in at -$5.41 in Q4 2025, little changed year-on-year from -$5.43 in Q4 2024, and up 78.96% quarter-over-quarter from -$25.72 in Q3 2025.
Melco Resorts & Entertainment (MLCO) Debt to Equity (2009 - 2025) Analysis & Trends
Melco Resorts & Entertainment has disclosed Debt to Equity across 17 years of filings, most recently posting -$5.41 for Q4 2025.
- Debt to Equity for Q4 2025 came in at -$5.41, changed 0.32% year-over-year; the trailing twelve-month figure through Dec 2025 was -$5.41 (changed 0.32% YoY), and the FY2025 annual result was -$5.41, changed 0.32% from the prior year.
- Debt to Equity came in at -$5.41 for Q4 2025 at Melco Resorts & Entertainment, up from -$25.72 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $8.0 in Q4 2021 to a low of -$508.12 in Q2 2023.
- The 5-year median for Debt to Equity is -$5.41 (2025), against an average of -$70.94.
- Across the five-year window, Debt to Equity surged 262.17% in 2021 and slumped 434.46% in 2022, its largest moves.
- Melco Resorts & Entertainment's Debt to Equity stood at $8.0 in 2021, then plunged by 434.46% to -$26.76 in 2022, then soared by 77.15% to -$6.12 in 2023, then gained by 11.77% to -$5.4 in 2024, then retreated by 0.32% to -$5.41 in 2025.
- The last three Debt to Equity figures came in at -$5.41 (Q4 2025), -$25.72 (Q3 2025), and -$5.4 (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | -49.69 |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 0.90 |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 3.28 |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 4.55 |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 24.86 |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 1.16 |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 1.61 |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.41 |
| Sep 30, 2025 | -25.72 |
| Dec 31, 2024 | -5.40 |
| Dec 31, 2023 | -6.12 |
| Sep 30, 2023 | -220.36 |
| Jun 30, 2023 | -508.12 |
| Dec 31, 2022 | -26.76 |
| Dec 31, 2021 | 8.00 |
| Sep 30, 2021 | 3.90 |
| Jun 30, 2021 | 3.02 |
| Mar 31, 2021 | 2.63 |
| Dec 31, 2020 | 2.21 |
| Sep 30, 2020 | 2.09 |
| Jun 30, 2020 | 1.51 |
| Mar 31, 2020 | 1.24 |
| Dec 31, 2019 | 0.94 |
| Dec 31, 2018 | 0.82 |
| Dec 31, 2017 | 0.57 |
| Dec 31, 2016 | 0.97 |
| Dec 31, 2015 | 0.29 |