Operating Income for MGM Resorts (MGM)
According to MGM Resorts's latest reported financial statements, the company's current operating income (TTM) is $1.00B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGM
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.00B
YoY change
-32.8%
5Y CAGR
N/A
Peak year (2011)
$4.06B
Cumulative operating income
$31.21B
Operating Income history chart for MGM Resorts (MGM) from 1988 to 2025
Operating Income history table for MGM Resorts (MGM) from 1988 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.00B | -32.8% | ||
| 2024 | $1.49B | -21.2% | ||
| 2023 | $1.89B | +31.4% | ||
| 2022 | $1.44B | -36.8% | ||
| 2021 | $2.28B | -454.7% | ||
| 2020 | -$642.43M | -116.3% | ||
| 2019 | $3.94B | +168.1% | ||
| 2018 | $1.47B | -14.2% | ||
| 2017 | $1.71B | -17.7% | ||
| 2016 | $2.08B | -1431.2% | ||
| 2015 | -$156.23M | -111.8% | ||
| 2014 | $1.32B | +19.1% | ||
| 2013 | $1.11B | +1280.3% | ||
| 2012 | $80.53M | -98.0% | ||
| 2011 | $4.06B | -450.1% | ||
| 2010 | -$1.16B | +20.2% | ||
| 2009 | -$963.88M | +643.7% | ||
| 2008 | -$129.60M | -104.5% | ||
| 2007 | $2.86B | +62.9% | ||
| 2006 | $1.76B | +29.5% | ||
| 2005 | $1.36B | +42.7% | ||
| 2004 | $950.86M | +33.3% | ||
| 2003 | $713.07M | -7.0% | ||
| 2002 | $766.76M | +22.1% | ||
| 2001 | $627.90M | +16.8% | ||
| 2000 | $537.72M | +156.3% | ||
| 1999 | $209.80M | +59.5% | ||
| 1998 | $131.50M | -40.1% | ||
| 1997 | $219.60M | +17.7% | ||
| 1996 | $186.60M | +70.3% | ||
| 1995 | $109.60M | -15.6% | ||
| 1994 | $129.80M | -205.4% | ||
| 1993 | -$123.20M | +562.4% | ||
| 1992 | -$18.60M | +24.8% | ||
| 1991 | -$14.90M | -56.4% | ||
| 1990 | -$34.20M | -471.7% | ||
| 1989 | $9.20M | +8.2% | ||
| 1988 | $8.50M | — |
Operating Income 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
MGM Resorts (MGM) most recent annual operating income stands at $1.00B (2025) – plunged 32.8% year-over-year.
MGM Resorts operating income peaked at $4.06B in 2011; the latest annual figure is $1.00B in 2025 (75.3% below peak).
$4.06B stands as the all-time-high annual operating income, posted in 2011, against a low of -$1.16B during 2010.
MGM Resorts (MGM) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $16.64B.
MGM Resorts Operating Income by Year
MGM Resorts Operating Income 2025: $1.00B
MGM Resorts operating income in 2025 was $1.00B, plunged 32.8% below 2024.
MGM Resorts Operating Income 2024: $1.49B
MGM Resorts operating income in 2024 was $1.49B, declined 21.2% below 2023.
MGM Resorts Operating Income 2023: $1.89B
MGM Resorts operating income in 2023 was $1.89B, surged 31.4% from 2022.
MGM Resorts Operating Income 2022: $1.44B
MGM Resorts operating income in 2022 was $1.44B, plunged 36.8% below 2021.
MGM Resorts Operating Income 2021: $2.28B
MGM Resorts operating income in 2021 was $2.28B.
See more financial history for MGM Resorts (MGM).
Sector peers — Operating Income
Companies in the same sector as MGM Resorts, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is MGM Resorts's operating income?
- Latest reported operating income for MGM Resorts (MGM) is $1.00B (period ending December 31, 2025).
How has MGM Resorts operating income changed year-over-year?
- MGM Resorts (MGM) operating income changed -32.8% year-over-year on the latest annual filing.
When did MGM Resorts operating income hit its highest annual value?
- MGM Resorts operating income reached its highest annual value of $4.06B in 2011.
What was MGM Resorts operating income in 2024?
- MGM Resorts (MGM) operating income in 2024 was $1.49B.
What was MGM Resorts operating income in 2025?
- MGM Resorts (MGM) operating income in 2025 was $1.00B.
Metrics overview
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