Melco Resorts & Entertainment (MLCO) Invested Capital (2009 - 2026)
Melco Resorts & Entertainment (MLCO) recorded Invested Capital of $5.08 billion in Q2 2026, up 8.2% from $4.7 billion a year earlier and up 8.6% from the prior quarter.
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Analysis
Melco Resorts & Entertainment (MLCO) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Melco Resorts & Entertainment reported Invested Capital of $5.5 billion, down 5.7% from FY2024.
- Annual Invested Capital has declined for three straight years, with a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $5.83 billion in FY2024 (-12.1%), $6.63 billion in FY2023 (-18.1%), $8.1 billion in FY2022 (+9.7%) and $7.38 billion in FY2021 (-1.4%).
- Quarterly Invested Capital has ranged from $4.63 billion in Q3 2025 to $8.1 billion in Q4 2022 over the past five years.
- On a year-over-year basis, Invested Capital rose in 1 of the last eight quarters, with an average decline of 3.2%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 11.5% in Q3 2022, against a decline of 18.1% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.68 billion (Q1 2026), $5.5 billion (Q4 2025) and $4.63 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 15.10 Bn |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | 20.47 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 4.94 Bn |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | 1.14 Bn |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 9.75 Bn |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 9.04 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | -4.80 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 5.40 Bn |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 6.10 Bn |
| 10 | Melco Resorts & Entertainment | 1.78 Bn | -961.36 Mn | 1.10 Bn | 5.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.53 Bn |
| Jun 30, 2026 | 5.08 Bn |
| Mar 31, 2026 | 4.68 Bn |
| Dec 31, 2025 | 5.50 Bn |
| Sep 30, 2025 | 4.63 Bn |
| Jun 30, 2025 | 4.70 Bn |
| Mar 31, 2025 | 4.75 Bn |
| Dec 31, 2024 | 5.83 Bn |
| Sep 30, 2024 | 4.77 Bn |
| Jun 30, 2024 | 4.78 Bn |
| Mar 31, 2024 | 4.75 Bn |
| Dec 31, 2023 | 6.63 Bn |
| Sep 30, 2023 | 5.30 Bn |
| Jun 30, 2023 | 5.32 Bn |
| Mar 31, 2023 | 5.43 Bn |
| Dec 31, 2022 | 8.10 Bn |
| Sep 30, 2022 | 5.57 Bn |
| Jun 30, 2022 | 5.38 Bn |
| Mar 31, 2022 | 5.34 Bn |
| Dec 31, 2021 | 7.38 Bn |
API Access
Melco Resorts & Entertainment Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=MLCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "MLCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();