MGM Resorts International financial data

Symbol
MGM on NYSE
Industry
Hotels & Motels
Location
3600 Las Vegas Blvd S, Las Vegas, NV
State of incorporation
Delaware
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 - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 158 % -12.2%
Quick Ratio 4.72 % +51.6%
Return On Equity 21.2 % +198%
Return On Assets 2.08 % +150%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 304M shares -13.4%
Common Stock, Shares, Outstanding 305M shares -13.6%
Entity Public Float 12.3B USD +50%
Common Stock, Value, Issued 3.05M USD -13.5%
Weighted Average Number of Shares Outstanding, Basic 311M shares -13.8%
Weighted Average Number of Shares Outstanding, Diluted 314M shares -13.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 17.1B USD +15.1%
Costs and Expenses 15.4B USD +5.03%
Operating Income (Loss) 1.67B USD +2979%
Nonoperating Income (Expense) -514M USD -48.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.16B USD -4.05%
Income Tax Expense (Benefit) -15M USD -104%
Net Income (Loss) Attributable to Parent 879M USD +135%
Earnings Per Share, Basic 2.69 USD/shares +134%
Earnings Per Share, Diluted 2.67 USD/shares +134%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.41B USD -37.2%
Accounts Receivable, after Allowance for Credit Loss, Current 1.02B USD +44.5%
Inventory, Net 148M USD +13%
Assets, Current 4.41B USD -21.5%
Property, Plant and Equipment, Net 5.72B USD +9.22%
Operating Lease, Right-of-Use Asset 23.8B USD -2.03%
Intangible Assets, Net (Excluding Goodwill) 1.66B USD -4.36%
Goodwill 5.15B USD +2.47%
Other Assets, Noncurrent 856M USD -0.31%
Assets 41.8B USD -2.54%
Accounts Payable, Current 402M USD +12%
Employee-related Liabilities, Current 628M USD +31.4%
Liabilities, Current 3B USD +9.12%
Deferred Income Tax Liabilities, Net 2.8B USD -6.96%
Operating Lease, Liability, Noncurrent 25.1B USD -0.1%
Other Liabilities, Noncurrent 768M USD +55.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 37.4M USD +24.4%
Retained Earnings (Accumulated Deficit) 3.17B USD -27.6%
Stockholders' Equity Attributable to Parent 3.21B USD -27.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.81B USD -21.1%
Liabilities and Equity 41.8B USD -2.54%

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 305M shares -13.6%
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 2.5B USD -36.4%
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 -0.02%
Payments to Acquire Property, Plant, and Equipment 172M USD +23.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 886M USD +110%
Lessee, Operating Lease, Liability, to be Paid 57.5B USD -3.02%
Property, Plant and Equipment, Gross 10.5B USD +5.55%
Operating Lease, Liability, Current 83.2M USD +31.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.89B USD +1.69%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.86B USD +1.85%
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 32.3B USD -5.24%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.92B USD +1.72%
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%