Melco Resorts & Entertainment (MLCO) EBITDA Margin (2009 - 2026)
Melco Resorts & Entertainment's (MLCO) quarterly EBITDA Margin came in at 28.3% in Q2 2026, down 397.0% year-over-year from 9.53% in Q2 2025, and down 9.77% quarter-over-quarter from 31.36% in Q1 2026.
Analysis
Melco Resorts & Entertainment (MLCO) EBITDA Margin (2009 - 2026) Analysis & Trends
Melco Resorts & Entertainment has disclosed EBITDA Margin across 18 years of filings, most recently posting 28.3% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 397.0% year-over-year to 28.3%; the TTM figure through Jun 2026 stood at 29.75% (down 19.0% YoY), while the FY2025 annual figure was 31.74%, up 945.0% from the prior year.
- EBITDA Margin came in at 28.3% for Q2 2026 at Melco Resorts & Entertainment, down from 31.36% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 34.18% in Q3 2025 to a low of 25.52% in Q3 2022.
- Average EBITDA Margin over 5 years is 22.55%, with a median of 30.38% recorded in 2024.
- Year-over-year, EBITDA Margin tumbled 3395 bps in 2022 and soared 5868 bps in 2023.
- Over 5 years, EBITDA Margin stood at 2.01% in 2022, then surged by 1480 bps to 27.74% in 2023, then declined by 11 bps to 24.79% in 2024, then advanced by 3 bps to 25.62% in 2025, then climbed by 10 bps to 28.3% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 28.3% in Q2 2026, 31.36% in Q1 2026, and 25.62% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.98 Bn | 24.61 Bn | 1.81 Bn | 19.59% |
| 2 | MGM Resorts International | 10.39 Bn | 7.84 Bn | 3.10 Bn | 11.32% |
| 3 | Wynn Resorts | 9.16 Bn | 7.59 Bn | 1.14 Bn | 24.22% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 27.90% |
| 5 | Churchill Downs | 5.78 Bn | 5.59 Bn | 712.00 Mn | 36.43% |
| 6 | Boyd Gaming | 5.65 Bn | 5.33 Bn | 766.76 Mn | 27.67% |
| 7 | Red Rock Resorts | 3.16 Bn | 2.55 Bn | 420.02 Mn | 26.65% |
| 8 | PENN Entertainment | 2.26 Bn | 1.38 Bn | 1.02 Bn | 7.09% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | -45.83% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.41 Bn | 1.05 Bn | 28.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.30% |
| Mar 31, 2026 | 31.36% |
| Dec 31, 2025 | 25.62% |
| Sep 30, 2025 | 34.18% |
| Jun 30, 2025 | 32.27% |
| Mar 31, 2025 | 30.84% |
| Dec 31, 2024 | 24.79% |
| Sep 30, 2024 | 32.34% |
| Jun 30, 2024 | 30.05% |
| Mar 31, 2024 | 30.72% |
| Dec 31, 2023 | 27.74% |
| Sep 30, 2023 | 33.17% |
| Jun 30, 2023 | 32.56% |
| Mar 31, 2023 | 32.91% |
| Dec 31, 2022 | -2.01% |
| Sep 30, 2022 | -25.52% |
| Jun 30, 2022 | -7.33% |
| Mar 31, 2022 | 13.94% |
| Dec 31, 2021 | 19.55% |
| Sep 30, 2021 | 8.43% |