MGM Resorts International
Research MGM Resorts International (MGM) on Bullrun: valuation model: 6.2% overvalued, market cap USD 7.36B, P/E 17.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMGM
- ExchangeNYSE
- CountryUnited States
- SectorConsumer Cyclical
- IndustryResorts & Casinos
- CurrencyUSD
- Valuation signal6.2% overvalued
- Market capUSD 7.36B
- P/E17.7
- Financial periodQ2 2026
- RevenueUSD 4.45B
- Net incomeUSD 292.43M
- Free cash flowUSD 317.44M
- Gross margin44.5%
Valuation Snapshot
Bullrun's latest valuation model marks MGM Resorts International as 6.2% overvalued; latest market cap is USD 7.36B; P/E is 17.7.
Peer valuation comparison
Latest P/E is 17.71x versus a Consumer Cyclical sector median of 17.61x.
Latest P/E is 17.71x versus a United States median of 23.85x (25.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 17.54B | USD 205.86M | USD 1.46B | 44.4% | 0.76 | USD 2.06B | USD 6.23B | USD 2.43B |
| FY2024 | USD 17.24B | USD 746.56M | USD 1.21B | 45.5% | 2.4 | USD 2.42B | USD 6.36B | USD 3.02B |
| FY2023 | USD 16.16B | USD 1.14B | USD 1.76B | 47.1% | 3.19 | USD 2.93B | USD 6.34B | USD 3.81B |
| FY2022 | USD 13.13B | USD 1.47B | USD 991.40M | 49.3% | 3.49 | USD 5.91B | USD 8.72B | USD 4.83B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 7.36B | 17.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 9.43B | 48.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 10.20B | 14.5 | n/a | n/a |
| 2023 | 2023-12-29 | USD 15.26B | 15.2 | n/a | n/a |
| 2022 | 2022-12-30 | USD 12.88B | 11.5 | n/a | n/a |
| 2021 | 2021-12-31 | USD 20.37B | 18.3 | n/a | n/a |
Dividend history
| Year | Dividends/share |
|---|---|
| FY2022 | 0.01 USD |
About MGM Resorts International
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms.
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Frequently asked questions
Is MGM Resorts International overvalued or undervalued?
Bullrun's valuation model currently marks MGM Resorts International as 6.2% overvalued.
What is MGM Resorts International's market cap?
MGM Resorts International's market capitalization is USD 7.36B.
What is MGM Resorts International's P/E ratio?
MGM Resorts International's price-to-earnings (P/E) ratio is 17.7.
What does MGM Resorts International do?
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM.