Melco Resorts & Entertainment (MLCO) Operating Margin (2009 - 2026)
Melco Resorts & Entertainment's (MLCO) quarterly Operating Margin came in at 195.99% in Q1 2026, up 4926.0% year-on-year from 3.9% in Q1 2025, and down 5.01% quarter-over-quarter from 206.32% in Q4 2025.
Melco Resorts & Entertainment (MLCO) Operating Margin (2009 - 2026) Analysis & Trends
Melco Resorts & Entertainment has disclosed Operating Margin across 18 years of filings, most recently posting 195.99% for Q1 2026.
- Operating Margin for Q1 2026 came in at 195.99%, up 4926.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 209.07% (up 5509.0% YoY), and the FY2025 annual result was 1.45%, down 105.0% from the prior year.
- Operating Margin came in at 195.99% for Q1 2026 at Melco Resorts & Entertainment, down from 206.32% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 778.92% in Q3 2022 to a low of 856.89% in Q4 2022.
- The 5-year median for Operating Margin is 124.44% (2025), against an average of 131.13%.
- Across the five-year window, Operating Margin soared 134666 bps in 2022 and tumbled 68599 bps in 2023, its largest moves.
- Melco Resorts & Entertainment's Operating Margin stood at 856.89% in 2022, then soared by 83 bps to 144.72% in 2023, then soared by 190 bps to 129.72% in 2024, then surged by 59 bps to 206.32% in 2025, then fell by 5 bps to 195.99% in 2026.
- The last three Operating Margin figures came in at 195.99% (Q1 2026), 206.32% (Q4 2025), and 456.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 15.22% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 16.44% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 195.99% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 17.42% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 31.83% |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -2.96% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 28.32% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 4.77% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 5.46% |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | -48.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 195.99% |
| Dec 31, 2025 | 206.32% |
| Sep 30, 2025 | 456.40% |
| Jun 30, 2025 | 124.44% |
| Mar 31, 2025 | 146.73% |
| Dec 31, 2024 | 129.72% |
| Sep 30, 2024 | 322.74% |
| Jun 30, 2024 | 123.04% |
| Mar 31, 2024 | 120.75% |
| Dec 31, 2023 | -144.72% |
| Sep 30, 2023 | 92.93% |
| Jun 30, 2023 | 120.20% |
| Mar 31, 2023 | -33.64% |
| Dec 31, 2022 | -856.89% |
| Sep 30, 2022 | 778.92% |
| Jun 30, 2022 | 707.42% |
| Mar 31, 2022 | -261.11% |
| Dec 31, 2021 | -407.02% |
| Sep 30, 2021 | -567.74% |
| Jun 30, 2021 | -284.40% |