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
DateValue
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%