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FCF Margin for MGM Resorts (MGM)

As of · Reported

Metric

TTM

9.8%

YoY change

+2.48pp

Trough year (1993)

-895.7%

Peak year (1996)

19.9%

FCF Margin history chart for MGM Resorts (MGM) from 1989 to 2025

Latest: 9.5%

FCF Margin change chart for MGM Resorts (MGM) from 1989 to 2025

Latest: +2.48pp

FCF Margin history table for MGM Resorts (MGM) from 1989 to 2025

  • 20259.5%+2.48pp
  • 20247.0%-3.90pp
  • 202310.9%+3.30pp
  • 20227.6%-1.49pp
  • 20219.1%+44.99pp
  • 2020-35.9%-44.17pp
  • 20198.3%+6.30pp
  • 20182.0%-1.17pp
  • 20173.2%+10.88pp
  • 2016-7.7%-2.68pp
  • 2015-5.0%-6.75pp
  • 20141.7%-5.91pp
  • 20137.6%+2.32pp
  • 20125.3%+0.55pp
  • 20114.8%-0.16pp
  • 20104.9%-2.62pp
  • 20097.5%+7.94pp
  • 2008-0.4%+24.60pp
  • 2007-25.0%-15.71pp
  • 2006-9.3%-15.81pp
  • 20056.5%+3.54pp
  • 20043.0%-0.54pp
  • 20033.5%-9.58pp
  • 200213.1%+1.48pp
  • 200111.6%-2.05pp
  • 200013.7%+19.81pp
  • 1999-6.1%+18.44pp
  • 1998-24.6%-19.28pp
  • 1997-5.3%-25.22pp
  • 199619.9%+9.25pp
  • 199510.7%+6.84pp
  • 19943.8%+899.51pp
  • 1993-895.7%-478.27pp
  • 1992-417.4%-403.04pp
  • 1991-14.4%+82.41pp
  • 1990-96.8%-93.39pp
  • 1989-3.4%—

FCF 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 FCF Margin at MGM Resorts (MGM)

According to MGM Resorts's latest reported financial statements, the company's latest reported free cash flow margin is 9.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

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

MGM Resorts (MGM) most recent annual free cash flow margin stands at 9.51% (2025) – expanded 2.5 percentage points year-over-year.

19.93% stands as the all-time-high annual free cash flow margin, posted in 1996, against a low of -895.67% during 1993.

MGM Resorts FCF Margin by Year

MGM Resorts FCF Margin 2025: 9.5%

MGM Resorts free cash flow margin in 2025 was 9.51%, expanded 2.5 percentage points from 2024.

MGM Resorts FCF Margin 2024: 7.0%

2024's free cash flow margin for MGM Resorts came in at 7.03%, contracted 3.9 percentage points from 2023.

MGM Resorts FCF Margin 2023: 10.9%

MGM Resorts posted free cash flow margin of 10.93% in 2023, expanded 3.3 percentage points from 2022.

MGM Resorts FCF Margin 2022: 7.6%

In 2022, MGM Resorts reported free cash flow margin of 7.63%, contracted 1.5 percentage points from 2021.

MGM Resorts FCF Margin 2021: 9.1%

MGM Resorts free cash flow margin in 2021 was 9.12%.

See more financial history for MGM Resorts (MGM).

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