EBITDA for MGM Resorts (MGM)
According to MGM Resorts's latest reported financial statements, the company's current EBITDA (TTM) is $1.72B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGM
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$1.72B
YoY change
-28.2%
5Y CAGR
N/A
Peak year (2019)
$5.00B
Cumulative EBITDA
$51.11B
EBITDA history chart for MGM Resorts (MGM) from 1988 to 2025
EBITDA history table for MGM Resorts (MGM) from 1988 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $1.72B | -28.2% | ||
| 2024 | $2.39B | -0.2% | ||
| 2023 | $2.40B | -51.9% | ||
| 2022 | $4.98B | +46.0% | ||
| 2021 | $3.41B | -537.6% | ||
| 2020 | -$779.79M | -115.6% | ||
| 2019 | $5.00B | +99.3% | ||
| 2018 | $2.51B | -2.4% | ||
| 2017 | $2.57B | -8.3% | ||
| 2016 | $2.80B | +390.8% | ||
| 2015 | $571.22M | -73.0% | ||
| 2014 | $2.12B | +3.6% | ||
| 2013 | $2.04B | +559.2% | ||
| 2012 | $309.84M | -93.5% | ||
| 2011 | $4.74B | -1109.7% | ||
| 2010 | -$469.02M | -14.4% | ||
| 2009 | -$547.89M | -176.3% | ||
| 2008 | $718.53M | -79.9% | ||
| 2007 | $3.57B | +48.1% | ||
| 2006 | $2.41B | +28.9% | ||
| 2005 | $1.87B | +43.0% | ||
| 2004 | $1.31B | +13.2% | ||
| 2003 | $1.16B | -0.1% | ||
| 2002 | $1.16B | +9.7% | ||
| 2001 | $1.05B | +22.2% | ||
| 2000 | $862.89M | +155.0% | ||
| 1999 | $338.44M | +61.4% | ||
| 1998 | $209.71M | -18.2% | ||
| 1997 | $256.40M | +32.2% | ||
| 1996 | $193.90M | +15.2% | ||
| 1995 | $168.30M | -5.5% | ||
| 1994 | $178.10M | -259.2% | ||
| 1993 | -$111.90M | +1498.6% | ||
| 1992 | -$7.00M | -1100.0% | ||
| 1991 | $700,000 | -103.8% | ||
| 1990 | -$18.40M | -188.0% | ||
| 1989 | $20.90M | +14.2% | ||
| 1988 | $18.30M | — |
EBITDA values are taken from MGM Resorts's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, MGM Resorts (MGM) EBITDA totalled $1.72B – declined 28.2% year-over-year.
Over 2015–2025 (10 years), MGM Resorts EBITDA expanded at a +11.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
MGM Resorts EBITDA plunged from $5.00B in 2019 to $1.72B in 2025, a 65.6% drawdown.
Across the available history, EBITDA reached its high of $5.00B in 2019 and its low of -$779.79M in 2020.
Among 8 Consumer Cyclical peers, MGM Resorts (MGM) ranks 9th; the peer median for EBITDA is $19.46B.
MGM Resorts EBITDA by Year
MGM Resorts EBITDA 2025: $1.72B
MGM Resorts EBITDA in 2025 was $1.72B, declined 28.2% below 2024.
MGM Resorts EBITDA 2024: $2.39B
MGM Resorts EBITDA in 2024 was $2.39B, edged down 0.2% below 2023.
MGM Resorts EBITDA 2023: $2.40B
MGM Resorts EBITDA in 2023 was $2.40B, plunged 51.9% below 2022.
MGM Resorts EBITDA 2022: $4.98B
MGM Resorts EBITDA in 2022 was $4.98B, surged 46.0% from 2021.
MGM Resorts EBITDA 2021: $3.41B
MGM Resorts EBITDA in 2021 was $3.41B.
See more financial history for MGM Resorts (MGM).
Sector peers — EBITDA
Companies in the same sector as MGM Resorts, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $182.67B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $165.34B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $24.29B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $14.64B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $11.76B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $8.55B | Consumer Cyclical |
Frequently asked questions
What is MGM Resorts's EBITDA?
- Latest reported EBITDA for MGM Resorts (MGM) is $1.72B (period ending December 31, 2025).
How has MGM Resorts EBITDA changed year-over-year?
- MGM Resorts (MGM) EBITDA changed -28.2% year-over-year on the latest annual filing.
What is the long-term growth rate of MGM Resorts EBITDA?
- MGM Resorts (MGM) EBITDA compound annual growth rate is +11.6% over the most recent 10 years available.
When did MGM Resorts EBITDA hit its highest annual value?
- MGM Resorts EBITDA reached its highest annual value of $5.00B in 2019.
What was MGM Resorts EBITDA in 2024?
- MGM Resorts (MGM) EBITDA in 2024 was $2.39B.
What was MGM Resorts EBITDA in 2025?
- MGM Resorts (MGM) EBITDA in 2025 was $1.72B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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