NYSE:MGM
MGM Resorts International
MGM Resorts International's revenue grew 1.7% in fiscal 2025 to $17.5B while operating margin fell to 5.7%. Free cash flow was $1.5B, 8.3% of revenue, and the diluted share count fell 10.6%.Summary generated from MGM Resorts International's SEC filings. Latest annual report filed Feb 11, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$17.5B
Revenue growth+1.7%
Revenue, 5-yr CAGR+27.7%
Gross marginn/a
Operating margin5.7%
Net margin1.2%
ROIC14.8%
Return on equity7.5%
Debt / equity2.56
Free cash flow$1.5B
FCF margin8.3%
Share count change−10.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 9.7 | 13.1 | 16.2 | 17.2 | 17.5 |
| Operating income | 2.3 | 1.4 | 1.9 | 1.5 | 1.0 |
| Net income | 1.3 | 1.5 | 1.1 | 0.7 | 0.2 |
| Free cash flow | 0.9 | 1.0 | 1.8 | 1.2 | 1.5 |
Recent filings
- 4Insider transaction report
Oct 8, 2026 - 4Insider transaction report
Oct 8, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 29, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 8-KEntry into a material agreement
May 14, 2026 - 8-KResults of a shareholder vote
May 8, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 29, 2026 - 8-KResults of operations and financial condition
Apr 29, 2026