Revenue segments as reported by the company.

Casino

Rooms

Food and beverage

Entertainment, retail and other

Reimbursed costs

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate expense

Depreciation and amortization

Income from unconsolidated affiliates

Property transactions, net

Preopening and start-up expenses

Gain on REIT transactions, net

Gain on consolidation of CityCenter, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MGM Resorts

Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International. One of the property's towers operates as the Delano; the Four Seasons Hotel is independently operated within the Mandalay Bay tower, occupying 5 floors (35–39).

Mandalay Bay

Bellagio  is a resort, luxury hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International and was built on the site of the demolished Dunes hotel and casino. Inspired by the Lake Como town of Bellagio in Italy, Bellagio is famed for its elegance. One of its most notable features is an 8-acre (3.2 ha) lake between the building and the Strip, which houses the Fountains of Bellagio, a large dancing water fountain synchronized to music.

Bellagio

Circus Circus Las Vegas is a hotel, 123,928 sq ft (11,513.3 m2) casino, and RV park located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by MGM Resorts International. Circus Circus features circus acts and carnival type games daily on the Midway.

Circus Circus Las Vegas

The Mirage is a 3,044 room Polynesian-themed resort and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. The resort was built by developer Steve Wynn and is currently owned and operated by MGM Resorts International.

The Mirage

The MGM Grand Las Vegas (formerly Marina and MGM-Marina) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the United States with 6,852 rooms. It is also the third-largest hotel complex in the world by number of rooms and second-largest hotel resort complex in the United States behind the combined The Venetian and The Palazzo. When it opened in 1993, the MGM Grand was the largest hotel complex in the world.

MGM Grand Las Vegas

Excalibur Hotel and Casino is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the Medieval theme in several ways. Its facade is a stylized image of a castle. Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana - Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay.

Excalibur

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MGM Resorts posts record Q4 earnings, eyes growth opportunities

MGM Resorts delivered strong financial performance driven by record EBITDAR and room night growth.
The company's diverse portfolio and strategic initiatives position it well for future growth.
Challenges include dividend suspension, operational metrics scrutiny, and project uncertainties.
Opportunities lie in continued growth in Macau, digital ventures, and capital allocation strategy.

MGM Resorts reports robust Q1 performance and eyes global expansion

MGM Resorts demonstrated resilience and growth potential across regions, with a focus on profitability and sustained market share.
Strategic investments in property enhancements and digital gaming aim to drive revenue and attract diverse customer segments.
Balanced financial position enables MGM to pursue growth opportunities and navigate potential challenges effectively.
Overall, MGM's performance outlook is positive, with a strong emphasis on market expansion and operational efficiency.

MGM Resorts posts record revenues and BetMGM on track for profitability

MGM Resorts delivered strong financial results, with a focus on margin improvement, digital investments, and strategic acquisitions. BetMGM's positive trajectory towards profitability and loyalty program enhancements driving revenue growth. Challenges include regional revenue variations and competitive pressures in Macau.

MGM Resorts reports record Q3 revenue amidst cybersecurity challenges

MGM Resorts showcased strong financial performance in Q3 2023, driven by record revenues in MGM China and BetMGM, despite short-term challenges.
The company's strategic focus on reducing leverage, growing free cash flow, and prioritizing share repurchases positions it well for future growth and profitability.
Opportunities in gaming expansion in Dubai, iGaming markets, and strategic partnerships offer avenues for revenue diversification and market expansion.
Efficient management of challenges like cybersecurity issues, labor negotiations, and inflationary impacts demonstrates MGM's resilience and adaptability.

MGM Resorts achieves record Q4 results, eyes digital expansion

MGM Resorts' strong performance in 2023 sets a positive tone for 2024, with a focus on innovation, strategic expansion, and event-driven growth. While challenges exist, the company's proactive approach to opportunities positions it well for continued success.

MGM Resorts achieves record Q1 earnings, eyes global expansion

MGM Resorts delivered a standout performance in Q1 2024, driven by strong results in Las Vegas and MGM China. The company's focus on digital expansion, strategic financial decisions, and potential market expansions position it for continued growth and shareholder value creation.

MGM Resorts reports strong Q2 performance driven by luxury and digital growth

MGM Resorts' Q2 performance reflects a balanced growth strategy with a focus on luxury resorts and digital initiatives
Strong partnerships, profitability in BetMGM, and plans for share repurchases signal a positive outlook for the company
While facing challenges in a competitive market, MGM's strategic investments and focus on cash flow generation position it for future success

MGM Resorts reports record Q3 performance and outlines growth strategies

MGM Resorts delivered a robust performance in Q3, driven by record revenues and EBITDAR across segments, showcasing operational strength
BetMGM's success in profitability and online gaming highlights its strategic positioning in the digital market landscape
Challenges include managing expenses, regulatory compliance, and sustaining growth momentum amidst industry competition
Future opportunities center on strategic expansion, market diversification, and innovation to drive sustained value creation

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Las Vegas Sands

Las Vegas Sands Corp (NYSE: LVS) and MGM Resorts International (NYSE: MGM) are two of the world’s largest casino operators.

Stock Wars: Las Vegas Sands Vs. MGM Resorts

MGM Resorts (MGM) closed the most recent trading day at $23.06, moving +1.45% from the previous trading session.

MGM Resorts (MGM) Outpaces Stock Market Gains: What You Should Know

LAS VEGAS, Sept. 14, 2020 /PRNewswire/ -- MGM Resorts International and BetMGM, the joint venture between MGM Resorts (NYSE: MGM) and GVC Holdings (LSE: GVC), are proud to partner with the American Gaming Association in support of Responsible Gaming Education Week (RGEW), September 14-19,.

MGM Resorts International & BetMGM Partner With American Gaming Association In Support Of Responsible Gaming Education Week

MGM Resorts' recent actions suggest a tough road ahead.

Why MGM Resorts May Not Recover Quickly

Caesars Entertainment

Goldman Sachs shared takes on Caesars Entertainment Corporation (NASDAQ: CZR) and MGM Resorts International (NASDAQ: MGM) Monday.

Why Goldman Sachs Is Sidelined On Caesars Entertainment, Bearish On MGM Resorts

Canopy Growth

DraftKings

IAC/InterActiveCorp

Philip Morris

Constellation Brands

Smith & Wesson Brands

Gambling, drinking and smoking will soar when the country reopens. Get ready for a party — and some profits — with these sin stocks.

7 Sin Stocks to Buy Now as America Reopens

MGM Resorts (MGM) and GVC Holdings' joint venture Roar Digital's sports betting brand - BetMGM - continues to focus on sports betting expansion.

MGM Resorts' BetMGM & Detroit Lions Announce Partnership

Wynn Resorts

Casino operators are bouncing back from the bottom, but the headwinds aren't over just yet.

Why Casino Operators Caesars, MGM, and Wynn Rocketed Higher in August by as Much as 47%

Reopening one of its main Las Vegas properties does not end the pain for this casino company.

Why You Should Consider Selling the News on MGM's Mirage Reopening

Melco Resorts and Entertainment

Macau casino gross gaming revenue decline in August due to dismal footfall. Moreover, GGR declined more than 90% for the fifth straight month.

Macau Gaming Revenues Dip in August: Avoid These 3 Stocks

The casino operator was already hedging its bets before the country's prime minister resigned.

Not Even MGM Resorts Is Sure Japan's Casino Market Is Worth It Anymore

Should you be worried that MGM Resorts International recently laid off nearly 25% of its workforce? The short answer is no!

MGM’s Big Lay Off: Should You Buy Or Sell?

Apple

Carnival

American Airlines

Alaska Air Group

HollyFrontier

Marathon Petroleum

Phillips 66

Valero Energy

Investors' reaction to a zero-sum event added billions to Apple's market value, while the index closed lower on a bad day for airline stocks, cruise stocks, casinos, and oil stocks.

S&P 500 News: Apple Stock Up on Split, Buffett Bags Asian Elephant, Cruise Stocks, Oil Stocks Fall

The casino operator's stock is giving back some gains as investors digest the positives and negatives of recent events.

Why MGM Resorts Fell as Much as 5% on Aug. 31

MGM Resorts (MGM) is stating that it might recall the laid off employees by the end of 2021.

MGM Resorts (MGM) to Layoff 18K Employees Due to Coronavirus

MGM Resorts (MGM) is laying off one-quarter of its workforce, highlighting the failure of Las Vegas to attract virus-weary customers.

MGM Resorts (MGM) Hits 6-Week High After Layoff News

MGM (MGM) reported earnings 30 days ago. What's next for the stock?

Why Is MGM (MGM) Up 43.4% Since Last Earnings Report?

Delta Air Lines

Investors continue to pour capital into struggling businesses, hoping for big gains in the post-pandemic recovery.

S&P 500 Up Again as Carnival, MGM, Delta Stocks Surge on Consumer Spending Growth

UPDATE: MGM Resorts International said today it will lay off 18,000 employees nationwide, a total representing more than 25 percent of its US workforce. The totals largely represent furloughed workers, who were notified back in late June that more permanent separation from the company was possible. The company is one of Nevada’s largest employers, and had

MGM Resorts Will Lay Off 18,000 Workers As Business Still Lags From Pandemic

Fewer workers may mean fewer losses for the beleaguered casino stock.

Why MGM Resorts Stock Just Popped 5%

Casino operator MGM Resorts International informed its staff on Friday it would lay off 18,000 furloughed employees in the United States as the coronavorus-induced travel curbs hurt its operations.

MGM Resorts to lay off 18,000 furloughed U.S. employees

Employees were warned last month they would be let go since industry conditions were not improving.

MGM Resorts Fires 18,000 Workers as Coronavirus Ravages Las Vegas Casinos

MGM Resorts is reportedly laying off 18,000 employees it previously put on furlough in response to coronavirus spreading across the United States and causing a near-total travel shutdown.

MGM Resorts is reportedly laying off 18,000 workers

Like airlines and hotels, the casino industry has struggled to recover during the coronavirus pandemic.

MGM Resorts Lays Off 18,000 Furloughed Workers

Casino operator MGM Resorts plans to lay off 18,000 furloughed workers in the United States as a global travel slowdown from the coronavirus crisis hurt its operations, the Wall Street Journal reported on Friday. The job cuts will start Monday, the report said.

News for MGM Resorts Stock (MGM)