Melco Resorts & Entertainment (MLCO) Return on Invested Capital [ROIC] (2009 - 2026)
Melco Resorts & Entertainment's Return on Invested Capital [ROIC] came in at 9.38% for Q2 2026, up 1.26 percentage points from 8.12% a year earlier and up 0.05 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 FY2025, Melco Resorts & Entertainment's Return on Invested Capital [ROIC] was 10.39%, up 2.62 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased in each of the last three years, with a five-year change of +22.89 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 7.78% in FY2024 (+6.89 pp), 0.88% in FY2023 (+10.48 pp), -9.60% in FY2022 (-1.83 pp) and -7.77% in FY2021 (+4.73 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q4 2019.
- Year-over-year, Return on Invested Capital [ROIC] has increased for 13 consecutive quarters, with an average year-over-year change of +4.31 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2024 (a gain of 8.89 percentage points), and the weakest in Q4 2022 (a drop of 3.16 percentage points).
- Business Quant data shows MLCO's Return on Invested Capital [ROIC] at 9.33% (Q1 2026), 8.94% (Q4 2025) and 9.14% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 14.92% |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | -4.82% |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 8.63% |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | -15.70% |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 9.51% |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 13.52% |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 9.62% |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 9.02% |
| 10 | Melco Resorts & Entertainment | 1.78 Bn | -961.36 Mn | 1.10 Bn | 7.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.84% |
| Jun 30, 2026 | 9.38% |
| Mar 31, 2026 | 9.33% |
| Dec 31, 2025 | 8.94% |
| Sep 30, 2025 | 9.14% |
| Jun 30, 2025 | 8.12% |
| Mar 31, 2025 | 7.25% |
| Dec 31, 2024 | 0.15% |
| Sep 30, 2024 | 3.02% |
| Jun 30, 2024 | 2.50% |
| Mar 31, 2024 | 1.60% |
| Dec 31, 2023 | 0.09% |
| Sep 30, 2023 | -1.88% |
| Jun 30, 2023 | -5.51% |
| Mar 31, 2023 | -7.29% |
| Dec 31, 2022 | -7.95% |
| Sep 30, 2022 | -8.17% |
| Jun 30, 2022 | -7.01% |
| Mar 31, 2022 | -4.36% |
| Dec 31, 2021 | -4.79% |
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();