Latest period
$995.55M
YoY change
-7.1%
5Y CAGR
+31.6%
Peak year (2007)
$2.92B
Cumulative CapEx
$25.88B
CapEx history chart for MGM Resorts (MGM) from 1989 to 2025
Latest: $1.07B
CapEx growth chart for MGM Resorts (MGM) from 1989 to 2025
Latest: -7.1%
CapEx history table for MGM Resorts (MGM) from 1989 to 2025
| 2025 | $1.07B | -7.1% | −$81.66M | ||
| 2024 | $1.15B | +23.5% | +$218.78M | ||
| 2023 | $931.81M | +21.8% | +$166.75M | ||
| 2022 | $765.07M | +55.9% | +$274.37M | ||
| 2021 | $490.70M | +81.4% | +$220.12M | ||
| 2020 | $270.58M | -63.4% | −$468.43M | ||
| 2019 | $739.01M | -50.3% | −$747.84M | ||
| 2018 | $1.49B | -20.2% | −$377.24M | ||
| 2017 | $1.86B | -17.6% | −$398.39M | ||
| 2016 | $2.26B | +54.2% | +$795.65M | ||
| 2015 | $1.47B | +53.3% | +$509.78M | ||
| 2014 | $957.04M | +70.3% | +$394.92M | ||
| 2013 | $562.12M | +33.0% | +$139.36M | ||
| 2012 | $422.76M | +40.3% | +$121.52M | ||
| 2011 | $301.24M | +45.2% | +$93.75M | ||
| 2010 | $207.49M | +51.6% | +$70.64M | ||
| 2009 | $136.85M | -82.5% | −$644.90M | ||
| 2008 | $781.75M | -73.2% | −$2.14B | ||
| 2007 | $2.92B | +54.8% | +$1.03B | ||
| 2006 | $1.88B | +147.9% | +$1.12B | ||
| 2005 | $759.95M | +8.1% | +$57.09M | ||
| 2004 | $702.86M | +27.7% | +$152.63M | ||
| 2003 | $550.23M | +83.4% | +$250.19M | ||
| 2002 | $300.04M | -8.5% | −$27.90M | ||
| 2001 | $327.94M | -2.5% | −$8.56M | ||
| 2000 | $336.50M | -10.3% | −$38.80M | ||
| 1999 | $375.30M | +3.7% | +$13.40M | ||
| 1998 | $361.90M | +58.9% | +$134.10M | ||
| 1997 | $227.80M | +168.6% | +$143.00M | ||
| 1996 | $84.80M | +126.7% | +$47.40M | ||
| 1995 | $37.40M | -43.3% | −$28.60M | ||
| 1994 | $66.00M | -86.3% | −$414.10M | ||
| 1993 | $480.10M | +117.2% | +$259.10M | ||
| 1992 | $221.00M | +418.8% | +$178.40M | ||
| 1991 | $42.60M | -73.3% | −$117.00M | ||
| 1990 | $159.60M | +710.2% | +$139.90M | ||
| 1989 | $19.70M | — | — |
- 2025$1.07B-7.1%
- 2024$1.15B+23.5%
- 2023$931.81M+21.8%
- 2022$765.07M+55.9%
- 2021$490.70M+81.4%
- 2020$270.58M-63.4%
- 2019$739.01M-50.3%
- 2018$1.49B-20.2%
- 2017$1.86B-17.6%
- 2016$2.26B+54.2%
- 2015$1.47B+53.3%
- 2014$957.04M+70.3%
- 2013$562.12M+33.0%
- 2012$422.76M+40.3%
- 2011$301.24M+45.2%
- 2010$207.49M+51.6%
- 2009$136.85M-82.5%
- 2008$781.75M-73.2%
- 2007$2.92B+54.8%
- 2006$1.88B+147.9%
- 2005$759.95M+8.1%
- 2004$702.86M+27.7%
- 2003$550.23M+83.4%
- 2002$300.04M-8.5%
- 2001$327.94M-2.5%
- 2000$336.50M-10.3%
- 1999$375.30M+3.7%
- 1998$361.90M+58.9%
- 1997$227.80M+168.6%
- 1996$84.80M+126.7%
- 1995$37.40M-43.3%
- 1994$66.00M-86.3%
- 1993$480.10M+117.2%
- 1992$221.00M+418.8%
- 1991$42.60M-73.3%
- 1990$159.60M+710.2%
- 1989$19.70M—
CapEx values are taken from MGM Resorts's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at MGM Resorts (MGM)
According to MGM Resorts's latest reported financial statements, the company's current CapEx (TTM) is $995.55M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, MGM Resorts (MGM) reported CapEx of $1.07B – declined 7.1% year-over-year.
Through 2020–2025 (5 years), MGM Resorts CapEx delivered a +31.6% annualised rate; with mixed annual results across the window.
Between 2007 and 2025, MGM Resorts CapEx plunged 63.4%, falling from $2.92B to $1.07B.
Across the available history, CapEx reached its high of $2.92B in 2007 and its low of $19.70M in 1989.
MGM Resorts Capital Expenditures by Year
MGM Resorts Capital Expenditures 2025: $1.07B
In 2025, MGM Resorts reported CapEx of $1.07B, declined 7.1% below 2024.
MGM Resorts Capital Expenditures 2024: $1.15B
MGM Resorts CapEx in 2024 was $1.15B, grew 23.5% from 2023.
MGM Resorts Capital Expenditures 2023: $931.81M
2023's CapEx for MGM Resorts came in at $931.81M, grew 21.8% from 2022.
MGM Resorts Capital Expenditures 2022: $765.07M
MGM Resorts posted CapEx of $765.07M in 2022, surged 55.9% from 2021.
MGM Resorts Capital Expenditures 2021: $490.70M
MGM Resorts CapEx in 2021 was $490.70M.
See more financial history for MGM Resorts (MGM).
Sector peers by CapEx
Consumer Cyclical peers of MGM Resorts (MGM), ranked by their latest CapEx
| $131.82B | |
| $18.33B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $2.21B | |
| $1.96B | |
| $322.00M |
- $131.82B
- $18.33B
- $8.53B
- $3.68B
- $3.37B
- $2.21B
- $1.96B
- $322.00M
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