MGM Resorts International financial data

Symbol
MGM on NYSE
Industry
Hotels & Motels
Location
3600 Las Vegas Blvd S, Las Vegas, NV
State of incorporation
DE
Fiscal year end
December 31
Former names
MGM MIRAGE (to 5/19/2010), MGM GRAND INC (to 5/19/2000)
Latest financial report
10-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -25.7%
Quick Ratio 4.46 % +11.8%
Return On Equity 22.6 % -0.13%
Return On Assets 2.14 % -16.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 298M shares -12.8%
Common Stock, Shares, Outstanding 297M shares -12.9%
Entity Public Float 12.3B USD +50%
Common Stock, Value, Issued 2.97M USD -12.9%
Weighted Average Number of Shares Outstanding, Basic 300M shares -13.5%
Weighted Average Number of Shares Outstanding, Diluted 303M shares -13.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 17.3B USD +12.3%
Costs and Expenses 15.6B USD +13.1%
Operating Income (Loss) 1.62B USD +10.1%
Nonoperating Income (Expense) -387M USD -9.98%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.23B USD +10.1%
Income Tax Expense (Benefit) 25.2M USD -95%
Net Income (Loss) Attributable to Parent 903M USD -18.9%
Earnings Per Share, Basic 2.84 USD/shares -7.19%
Earnings Per Share, Diluted 2.82 USD/shares -7.54%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.95B USD -11%
Accounts Receivable, after Allowance for Credit Loss, Current 965M USD +18.8%
Inventory, Net 145M USD +6.61%
Assets, Current 4.83B USD -8.11%
Property, Plant and Equipment, Net 5.95B USD +13.2%
Operating Lease, Right-of-Use Asset 23.7B USD -2.04%
Intangible Assets, Net (Excluding Goodwill) 1.78B USD +2.49%
Goodwill 5.18B USD +0.64%
Other Assets, Noncurrent 933M USD +17%
Assets 42.7B USD +0.4%
Accounts Payable, Current 392M USD -5.07%
Employee-related Liabilities, Current 628M USD +31.4%
Liabilities, Current 3.89B USD +31.2%
Deferred Income Tax Liabilities, Net 2.79B USD -6.63%
Operating Lease, Liability, Noncurrent 25.1B USD -0.15%
Other Liabilities, Noncurrent 880M USD +68.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 192M USD
Retained Earnings (Accumulated Deficit) 3.04B USD -23.4%
Stockholders' Equity Attributable to Parent 3.23B USD -18.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.82B USD -13.7%
Liabilities and Equity 42.7B USD +0.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 549M USD -22%
Net Cash Provided by (Used in) Financing Activities -629M USD +73.6%
Net Cash Provided by (Used in) Investing Activities -108M USD -151%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 297M shares -12.9%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -206M USD +85.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.04B USD -10.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 48.4M USD -47.6%
Deferred Tax Assets, Valuation Allowance 1.78B USD -38.4%
Operating Lease, Liability 25.2B USD -0.09%
Payments to Acquire Property, Plant, and Equipment 172M USD +23.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.09B USD -4.52%
Lessee, Operating Lease, Liability, to be Paid 57B USD -3.07%
Property, Plant and Equipment, Gross 10.5B USD +5.55%
Operating Lease, Liability, Current 88.4M USD +20.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.89B USD +1.71%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.86B USD +1.88%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -8.2M USD -122%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 31.8B USD -5.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.92B USD +1.73%
Unrecognized Tax Benefits 8.59M USD +24.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.95B USD +132%
Operating Lease, Payments 456M USD +0.64%
Deferred Tax Assets, Net of Valuation Allowance 5.97B USD -0.34%
Interest Expense 440M USD -16.8%