TTM
44.2%
YoY change
−1.10pp
Trough year (1993)
-81.5%
Peak year (1999)
57.6%
Latest annual
44.4%
Gross Margin history chart for MGM Resorts (MGM) from 1988 to 2025
Latest: 44.4%
Gross Margin change chart for MGM Resorts (MGM) from 1988 to 2025
Latest: −1.10pp
Gross Margin history table for MGM Resorts (MGM) from 1988 to 2025
| 2025 | 44.4% | -1.10pp | ||
| 2024 | 45.5% | -1.57pp | ||
| 2023 | 47.1% | -2.24pp | ||
| 2022 | 49.3% | +1.29pp | ||
| 2021 | 48.0% | +13.27pp | ||
| 2020 | 34.8% | -6.29pp | ||
| 2019 | 41.1% | -0.12pp | ||
| 2018 | 41.2% | -1.46pp | ||
| 2017 | 42.6% | +0.77pp | ||
| 2016 | 41.9% | +3.09pp | ||
| 2015 | 38.8% | +1.96pp | ||
| 2014 | 36.8% | +0.63pp | ||
| 2013 | 36.2% | +0.84pp | ||
| 2012 | 35.4% | -0.60pp | ||
| 2011 | 36.0% | -1.61pp | ||
| 2010 | 37.6% | -3.23pp | ||
| 2009 | 40.8% | -1.72pp | ||
| 2008 | 42.5% | -3.67pp | ||
| 2007 | 46.2% | -0.67pp | ||
| 2006 | 46.9% | +1.58pp | ||
| 2005 | 45.3% | -0.62pp | ||
| 2004 | 45.9% | +1.21pp | ||
| 2003 | 44.7% | -0.86pp | ||
| 2002 | 45.6% | +0.60pp | ||
| 2001 | 44.9% | -7.44pp | ||
| 2000 | 52.4% | -5.17pp | ||
| 1999 | 57.6% | +10.44pp | ||
| 1998 | 47.1% | -3.93pp | ||
| 1997 | 51.0% | +1.19pp | ||
| 1996 | 49.9% | +3.34pp | ||
| 1995 | 46.5% | +1.12pp | ||
| 1994 | 45.4% | +126.88pp | ||
| 1993 | -81.5% | -112.09pp | ||
| 1992 | 30.6% | -0.85pp | ||
| 1991 | 31.4% | +10.32pp | ||
| 1990 | 21.1% | -6.38pp | ||
| 1989 | 27.5% | -6.93pp | ||
| 1988 | 34.4% | — |
- 202544.4%-1.10pp
- 202445.5%-1.57pp
- 202347.1%-2.24pp
- 202249.3%+1.29pp
- 202148.0%+13.27pp
- 202034.8%-6.29pp
- 201941.1%-0.12pp
- 201841.2%-1.46pp
- 201742.6%+0.77pp
- 201641.9%+3.09pp
- 201538.8%+1.96pp
- 201436.8%+0.63pp
- 201336.2%+0.84pp
- 201235.4%-0.60pp
- 201136.0%-1.61pp
- 201037.6%-3.23pp
- 200940.8%-1.72pp
- 200842.5%-3.67pp
- 200746.2%-0.67pp
- 200646.9%+1.58pp
- 200545.3%-0.62pp
- 200445.9%+1.21pp
- 200344.7%-0.86pp
- 200245.6%+0.60pp
- 200144.9%-7.44pp
- 200052.4%-5.17pp
- 199957.6%+10.44pp
- 199847.1%-3.93pp
- 199751.0%+1.19pp
- 199649.9%+3.34pp
- 199546.5%+1.12pp
- 199445.4%+126.88pp
- 1993-81.5%-112.09pp
- 199230.6%-0.85pp
- 199131.4%+10.32pp
- 199021.1%-6.38pp
- 198927.5%-6.93pp
- 198834.4%—
Gross 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 Gross Margin at MGM Resorts (MGM)
According to MGM Resorts's latest reported financial statements, the company's latest reported gross margin is 44.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
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 gross margin stands at 44.42% (2025) – contracted 1.1 percentage points year-over-year.
Across the available history, gross margin reached its high of 57.56% in 1999 and its low of -81.49% in 1993.
MGM Resorts Gross Margin by Year
MGM Resorts Gross Margin 2025: 44.4%
In 2025, MGM Resorts reported gross margin of 44.42%, contracted 1.1 percentage points from 2024.
MGM Resorts Gross Margin 2024: 45.5%
MGM Resorts gross margin in 2024 was 45.51%, contracted 1.6 percentage points from 2023.
MGM Resorts Gross Margin 2023: 47.1%
2023's gross margin for MGM Resorts came in at 47.08%, contracted 2.2 percentage points from 2022.
MGM Resorts Gross Margin 2022: 49.3%
MGM Resorts posted gross margin of 49.32% in 2022, expanded 1.3 percentage points from 2021.
MGM Resorts Gross Margin 2021: 48.0%
MGM Resorts gross margin in 2021 was 48.03%.
See more financial history for MGM Resorts (MGM).
Sector peers by Gross Margin
Consumer Cyclical peers of MGM Resorts (MGM), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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