Melco Resorts & Entertainment (MLCO) Invested Capital (2009 - 2026)
Melco Resorts & Entertainment (MLCO) recorded Invested Capital of $5.1 billion in the quarter ended Jun 30, 2026, up 7.3% from $4.75 billion a year earlier and up 1.4% from the prior quarter.
Melco Resorts & Entertainment (MLCO) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Melco Resorts & Entertainment reported Invested Capital of $4.7 billion, up 15.4% from the prior year.
- Annual Invested Capital has a five-year compound annual growth rate of -4.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Invested Capital came in at $4.08 billion in the year ended Dec 31, 2024 (-5.2%), $4.3 billion in the year ended Dec 31, 2023 (-24.1%), $5.66 billion in the year ended Dec 31, 2022 (+7.0%) and $5.29 billion in the year ended Dec 31, 2021 (-10.3%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Invested Capital since the quarter ended Sep 30, 2023.
- On a year-over-year basis, Invested Capital has increased for four consecutive quarters, with growth averaging 2.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 15.4% in the quarter ended Dec 31, 2025, against a decline of 24.1% in the quarter ended Dec 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.03 billion (quarter ended Mar 31, 2026), $4.7 billion (quarter ended Dec 31, 2025) and $5.08 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 16.16 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 1.14 Bn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 20.96 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | -4.80 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 4.80 Bn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 9.82 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 9.44 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 15.25 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 857.00 Mn |
| 10 | Melco Resorts & Entertainment | 1.82 Bn | -269.79 Mn | 1.05 Bn | 5.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10 Bn |
| Mar 31, 2026 | 5.03 Bn |
| Dec 31, 2025 | 4.70 Bn |
| Sep 30, 2025 | 5.08 Bn |
| Jun 30, 2025 | 4.75 Bn |
| Mar 31, 2025 | 4.77 Bn |
| Dec 31, 2024 | 4.08 Bn |
| Sep 30, 2024 | 4.80 Bn |
| Jun 30, 2024 | 4.78 Bn |
| Mar 31, 2024 | 4.75 Bn |
| Dec 31, 2023 | 4.30 Bn |
| Sep 30, 2023 | 5.30 Bn |
| Jun 30, 2023 | 5.42 Bn |
| Mar 31, 2023 | 5.43 Bn |
| Dec 31, 2022 | 5.66 Bn |
| Sep 30, 2022 | 5.57 Bn |
| Jun 30, 2022 | 5.38 Bn |
| Mar 31, 2022 | 5.34 Bn |
| Dec 31, 2021 | 5.29 Bn |
| Sep 30, 2021 | 5.00 Bn |
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_KEY
import 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();