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EBITDA Margin for MGM Resorts (MGM)

As of · Reported

Metric

TTM

9.4%

YoY change

−4.08pp

Trough year (1993)

-193.6%

Peak year (2011)

60.3%

EBITDA Margin history chart for MGM Resorts (MGM) from 1988 to 2025

Latest: 9.8%

EBITDA Margin change chart for MGM Resorts (MGM) from 1988 to 2025

Latest: −4.08pp

EBITDA Margin history table for MGM Resorts (MGM) from 1988 to 2025

  • 20259.8%-4.08pp
  • 202413.9%-0.96pp
  • 202314.8%-23.11pp
  • 202237.9%+2.69pp
  • 202135.2%+51.11pp
  • 2020-15.9%-54.61pp
  • 201938.8%+17.43pp
  • 201821.3%-2.47pp
  • 201723.8%-5.85pp
  • 201629.7%+23.43pp
  • 20156.2%-14.78pp
  • 201421.0%+0.17pp
  • 201320.8%+17.44pp
  • 20123.4%-56.95pp
  • 201160.3%+68.12pp
  • 2010-7.8%+1.37pp
  • 2009-9.2%-19.13pp
  • 200810.0%-36.43pp
  • 200746.4%+12.81pp
  • 200633.6%+4.73pp
  • 200528.9%-2.00pp
  • 200430.9%+1.30pp
  • 200329.6%+0.86pp
  • 200228.7%+2.40pp
  • 200126.3%+1.77pp
  • 200024.5%+0.20pp
  • 199924.3%-2.78pp
  • 199827.1%-3.88pp
  • 199731.0%+6.89pp
  • 199624.1%+0.78pp
  • 199523.3%-0.68pp
  • 199424.0%+217.59pp
  • 1993-193.6%-179.60pp
  • 1992-14.0%-14.48pp
  • 19910.5%+10.90pp
  • 1990-10.4%-20.24pp
  • 19899.8%+1.01pp
  • 19888.8%—

EBITDA Margin values are taken from MGM Resorts's reported income 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 EBITDA Margin at MGM Resorts (MGM)

According to MGM Resorts's latest reported financial statements, the company's latest reported EBITDA margin is 9.4%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, MGM Resorts (MGM) reported EBITDA margin of 9.79% – contracted 4.1 percentage points year-over-year.

The record annual EBITDA margin stands at 60.33%, reached in 2011; the historical low of -193.60% was recorded in 1993.

MGM Resorts EBITDA Margin by Year

MGM Resorts EBITDA Margin 2025: 9.8%

MGM Resorts posted EBITDA margin of 9.79% in 2025, contracted 4.1 percentage points from 2024.

MGM Resorts EBITDA Margin 2024: 13.9%

In 2024, MGM Resorts reported EBITDA margin of 13.87%, contracted 1.0 percentage points from 2023.

MGM Resorts EBITDA Margin 2023: 14.8%

MGM Resorts EBITDA margin in 2023 was 14.83%, contracted 23.1 percentage points from 2022.

MGM Resorts EBITDA Margin 2022: 37.9%

2022's EBITDA margin for MGM Resorts came in at 37.94%, expanded 2.7 percentage points from 2021.

MGM Resorts EBITDA Margin 2021: 35.2%

MGM Resorts EBITDA margin in 2021 was 35.25%.

See more financial history for MGM Resorts (MGM).

Sector peers by EBITDA Margin

Consumer Cyclical peers of MGM Resorts (MGM), ranked by their latest EBITDA margin

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