Melco Resorts & Entertainment (MLCO) Tax Rate (2009 - 2026)
Melco Resorts & Entertainment (MLCO) reported Tax Rate of 9.13% for Q1 2026, up 512.0% on a YoY basis from 1.49% in Q1 2025, and down 119.96% sequentially from 45.73% in Q4 2025.
Melco Resorts & Entertainment (MLCO) Tax Rate (2009 - 2026) Analysis & Trends
Melco Resorts & Entertainment (MLCO) has 18 years of Tax Rate data on file, last reported at 9.13% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 512.0% year-over-year to 9.13%; the trailing twelve-month figure through Mar 2026 stood at 3.92% (up 11318.0% YoY), and the FY2025 full-year result was 1.91%, up 34228.0% from the prior year.
- Tax Rate declined to 9.13% in Q1 2026, from 45.73% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.73% in Q4 2025 to a low of 118.92% in Q2 2024.
- A 5-year average of 14.02% and a median of 0.71% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 12097 bps in 2024 and surged 7279 bps in 2025, its largest moves.
- Tracing MLCO's Tax Rate over 5 years: stood at 0.21% in 2022, then jumped by 3196 bps to 6.94% in 2023, then soared by 105 bps to 14.2% in 2024, then surged by 222 bps to 45.73% in 2025, then plunged by 120 bps to 9.13% in 2026.
- Business Quant data shows MLCO's Tax Rate at 9.13% in Q1 2026, 45.73% in Q4 2025, and 5.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 14.30 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 13.58 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 6.29 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 23.88 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -9.13 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -16.90 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 23.69 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 8.11 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 13.69 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -49.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.13 |
| Mar 31, 2026 | -9.13 |
| Mar 31, 2026 | -9.13 |
| Dec 31, 2025 | 45.73 |
| Dec 31, 2025 | 45.73 |
| Dec 31, 2025 | 45.73 |
| Sep 30, 2025 | -5.10 |
| Sep 30, 2025 | -5.10 |
| Sep 30, 2025 | -5.10 |
| Jun 30, 2025 | -55.98 |
| Jun 30, 2025 | -55.98 |
| Jun 30, 2025 | -55.98 |
| Mar 31, 2025 | -14.25 |
| Mar 31, 2025 | -14.25 |
| Mar 31, 2025 | -14.25 |
| Dec 31, 2024 | 14.20 |
| Dec 31, 2024 | 14.20 |
| Dec 31, 2024 | 14.20 |
| Sep 30, 2024 | -13.76 |
| Sep 30, 2024 | -13.76 |