Gross Profit for MGM Resorts (MGM)
According to MGM Resorts's latest reported financial statements, the company's current gross profit (TTM) is $7.79B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGM
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$7.79B
YoY change
-0.7%
5Y CAGR
+35.4%
Peak year (2024)
$7.85B
Cumulative gross profit
$101.31B
Gross Profit history chart for MGM Resorts (MGM) from 1988 to 2025
Gross Profit history table for MGM Resorts (MGM) from 1988 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $7.79B | -0.7% | ||
| 2024 | $7.85B | +3.1% | ||
| 2023 | $7.61B | +17.5% | ||
| 2022 | $6.47B | +39.3% | ||
| 2021 | $4.65B | +172.0% | ||
| 2020 | $1.71B | -67.7% | ||
| 2019 | $5.30B | +9.3% | ||
| 2018 | $4.84B | +5.2% | ||
| 2017 | $4.60B | +16.3% | ||
| 2016 | $3.96B | +11.1% | ||
| 2015 | $3.56B | -4.0% | ||
| 2014 | $3.71B | +4.6% | ||
| 2013 | $3.55B | +9.6% | ||
| 2012 | $3.24B | +14.8% | ||
| 2011 | $2.82B | +24.8% | ||
| 2010 | $2.26B | -7.3% | ||
| 2009 | $2.44B | -20.4% | ||
| 2008 | $3.07B | -13.7% | ||
| 2007 | $3.55B | +5.6% | ||
| 2006 | $3.36B | +14.6% | ||
| 2005 | $2.93B | +50.9% | ||
| 2004 | $1.95B | +11.4% | ||
| 2003 | $1.75B | -4.9% | ||
| 2002 | $1.84B | +1.9% | ||
| 2001 | $1.80B | -2.2% | ||
| 2000 | $1.84B | +130.1% | ||
| 1999 | $801.00M | +119.7% | ||
| 1998 | $364.60M | -13.7% | ||
| 1997 | $422.40M | +5.3% | ||
| 1996 | $401.20M | +19.5% | ||
| 1995 | $335.70M | -0.4% | ||
| 1994 | $336.90M | -815.3% | ||
| 1993 | -$47.10M | -407.8% | ||
| 1992 | $15.30M | -66.9% | ||
| 1991 | $46.20M | +23.9% | ||
| 1990 | $37.30M | -36.3% | ||
| 1989 | $58.60M | -18.2% | ||
| 1988 | $71.60M | — |
Gross Profit 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
The 2025 reading of MGM Resorts (MGM) gross profit is $7.79B – edged down 0.7% year-over-year.
Through 2020–2025 (5 years), MGM Resorts gross profit delivered a +35.4% annualised rate; with the latest reading among the more recent periods of the dataset.
The highest annual gross profit of $7.85B was reported in 2024. The lowest in the available history was -$47.10M in 1993.
MGM Resorts (MGM) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $40.89B.
MGM Resorts Gross Profit by Year
MGM Resorts Gross Profit 2025: $7.79B
MGM Resorts gross profit in 2025 was $7.79B, edged down 0.7% below 2024.
MGM Resorts Gross Profit 2024: $7.85B
MGM Resorts gross profit in 2024 was $7.85B, edged up 3.1% from 2023. This figure represents the highest annual value in the available history.
MGM Resorts Gross Profit 2023: $7.61B
MGM Resorts gross profit in 2023 was $7.61B, grew 17.5% from 2022.
MGM Resorts Gross Profit 2022: $6.47B
MGM Resorts gross profit in 2022 was $6.47B, surged 39.3% from 2021.
MGM Resorts Gross Profit 2021: $4.65B
MGM Resorts gross profit in 2021 was $4.65B.
See more financial history for MGM Resorts (MGM).
Sector peers — Gross Profit
Companies in the same sector as MGM Resorts, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is MGM Resorts's gross profit?
- Latest reported gross profit for MGM Resorts (MGM) is $7.79B (period ending December 31, 2025).
How has MGM Resorts gross profit changed year-over-year?
- MGM Resorts (MGM) gross profit changed -0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of MGM Resorts gross profit?
- MGM Resorts (MGM) gross profit compound annual growth rate is +35.4% over the most recent 5 years available.
When did MGM Resorts gross profit hit its highest annual value?
- MGM Resorts gross profit reached its highest annual value of $7.85B in 2024.
What was MGM Resorts gross profit in 2024?
- MGM Resorts (MGM) gross profit in 2024 was $7.85B.
What was MGM Resorts gross profit in 2025?
- MGM Resorts (MGM) gross profit in 2025 was $7.79B.
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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