Melco Resorts & Entertainment (MLCO) Return on Invested Capital [ROIC] (2009 - 2026)
Melco Resorts & Entertainment's Return on Invested Capital [ROIC] came in at 9.04% for the quarter ended Jun 30, 2026, up 0.98 percentage points from 8.06% a year earlier but down 0.71 percentage points from the prior quarter.
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Analysis
Melco Resorts & Entertainment (MLCO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Melco Resorts & Entertainment's Return on Invested Capital [ROIC] was 10.08%, up 2.48 percentage points from the prior year.
- Return on Invested Capital [ROIC] has increased in each of the last three years, with a five-year change of +25.76 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Return on Invested Capital [ROIC] was 7.60% in the year ended Dec 31, 2024 (+6.34 pp), 1.26% in the year ended Dec 31, 2023 (+14.76 pp), -13.50% in the year ended Dec 31, 2022 (-3.21 pp) and -10.29% in the year ended Dec 31, 2021 (+5.39 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -9.67% (the quarter ended Dec 31, 2022) to 9.76% (the quarter ended Mar 31, 2026).
- Year-over-year, Return on Invested Capital [ROIC] has increased for 13 consecutive quarters, with an average year-over-year change of +4.25 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in the quarter ended Mar 31, 2024 (a gain of 10.90 percentage points), and the weakest in the quarter ended Dec 31, 2022 (a drop of 3.91 percentage points).
- Business Quant data shows MLCO's Return on Invested Capital [ROIC] at 9.76% (quarter ended Mar 31, 2026), 9.25% (quarter ended Dec 31, 2025) and 8.67% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 14.68% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -15.70% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -3.04% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 8.48% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 10.11% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 10.62% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 9.49% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 11.14% |
| 10 | Melco Resorts & Entertainment | 1.70 Bn | -387.76 Mn | 1.05 Bn | 9.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.04% |
| Mar 31, 2026 | 9.76% |
| Dec 31, 2025 | 9.25% |
| Sep 30, 2025 | 8.67% |
| Jun 30, 2025 | 8.06% |
| Mar 31, 2025 | 8.67% |
| Dec 31, 2024 | 0.18% |
| Sep 30, 2024 | 3.00% |
| Jun 30, 2024 | 2.50% |
| Mar 31, 2024 | 2.01% |
| Dec 31, 2023 | 0.11% |
| Sep 30, 2023 | -1.86% |
| Jun 30, 2023 | -5.46% |
| Mar 31, 2023 | -8.89% |
| Dec 31, 2022 | -9.67% |
| Sep 30, 2022 | -8.17% |
| Jun 30, 2022 | -7.01% |
| Mar 31, 2022 | -5.22% |
| Dec 31, 2021 | -5.76% |
| Sep 30, 2021 | -6.64% |
API Access
Melco Resorts & Entertainment Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MLCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();