MGM Resorts (MGM) Ratios
MGM Resorts Ratios
MX:MGM's free cash flow for Q3 2026 was $310.80M. For the 2026 fiscal year, MX:MGM's free cash flow was decreased by $-221.66M and operating cash flow was $532.46M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.23 | 1.30 | 1.57 | 1.81 | 1.86 |
| Quick Ratio | 1.20 | 1.26 | 1.53 | 1.78 | 1.84 |
| Cash Ratio | 0.59 | 0.72 | 0.94 | 1.31 | 1.37 |
| Solvency Ratio | 0.03 | 0.04 | 0.05 | 0.12 | 0.08 |
| Operating Cash Flow Ratio | 0.78 | 0.70 | 0.86 | 0.39 | 0.40 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 13.72 | 44.86 | 1.37 | 1.37 |
| Net Current Asset Value | $ -33.77B | $ -34.15B | $ -33.09B | $ -32.17B | $ -23.36B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 1.36 | 0.75 | 0.75 | 0.74 | 0.60 |
| Debt-to-Equity Ratio | 23.11 | 10.54 | 8.30 | 7.04 | 4.07 |
| Debt-to-Capital Ratio | 0.96 | 0.91 | 0.89 | 0.88 | 0.80 |
| Long-Term Debt-to-Capital Ratio | 0.93 | 0.68 | 0.62 | 0.61 | 0.66 |
| Financial Leverage Ratio | 17.03 | 13.97 | 11.12 | 9.46 | 6.74 |
| Debt Service Coverage Ratio | 4.20 | 3.80 | 4.30 | 2.28 | 1.76 |
| Interest Coverage Ratio | 2.39 | 3.36 | 4.11 | 2.42 | 2.85 |
| Debt to Market Cap | 3.23 | 0.61 | 0.40 | 0.64 | 0.59 |
| Interest Debt Per Share | 213.60 | 105.06 | 90.37 | 84.53 | 52.90 |
| Net Debt to EBITDA | 31.49 | 12.31 | 11.97 | 5.64 | 5.86 |
| Profitability Margins | |||||
| Gross Profit Margin | 44.42% | 45.51% | 47.08% | 49.32% | 48.03% |
| EBIT Margin | 3.99% | 9.05% | 9.79% | 11.42% | 23.36% |
| EBITDA Margin | 9.79% | 13.87% | 14.83% | 37.94% | 35.25% |
| Operating Profit Margin | 5.71% | 8.65% | 11.70% | 10.96% | 23.54% |
| Pretax Profit Margin | 2.21% | 6.48% | 9.11% | 6.88% | 15.10% |
| Net Profit Margin | 1.18% | 4.33% | 7.07% | 11.22% | 12.96% |
| Continuous Operations Profit Margin | 2.46% | 6.18% | 8.13% | 1.57% | 12.48% |
| Net Income Per EBT | 53.16% | 66.83% | 77.55% | 162.99% | 85.81% |
| EBT Per EBIT | 38.73% | 74.95% | 77.86% | 62.79% | 64.15% |
| Return on Assets (ROA) | 0.50% | 1.77% | 2.70% | 3.22% | 3.07% |
| Return on Equity (ROE) | 8.49% | 24.69% | 29.97% | 30.49% | 20.66% |
| Return on Capital Employed (ROCE) | 2.65% | 3.83% | 4.82% | 3.50% | 6.08% |
| Return on Invested Capital (ROIC) | 2.65% | 3.62% | 4.29% | 0.77% | 4.88% |
| Return on Tangible Assets | 0.59% | 2.11% | 3.22% | 3.77% | 3.71% |
| Earnings Yield | 2.13% | 7.01% | 7.20% | 10.74% | 5.80% |
| Efficiency Ratios | |||||
| Receivables Turnover | 13.06 | 12.97 | 15.10 | 14.19 | 11.29 |
| Payables Turnover | 23.13 | 22.76 | 18.53 | 17.99 | 17.58 |
| Inventory Turnover | 78.27 | 66.83 | 60.37 | 52.77 | 52.20 |
| Fixed Asset Turnover | 0.60 | 0.58 | 0.55 | 0.44 | 0.37 |
| Asset Turnover | 0.42 | 0.41 | 0.38 | 0.29 | 0.24 |
| Working Capital Turnover Ratio | 19.14 | 12.33 | 5.96 | 3.97 | 2.74 |
| Cash Conversion Cycle | 16.83 | 17.56 | 10.52 | 12.35 | 18.57 |
| Days of Sales Outstanding | 27.95 | 28.13 | 24.17 | 25.72 | 32.34 |
| Days of Inventory Outstanding | 4.66 | 5.46 | 6.05 | 6.92 | 6.99 |
| Days of Payables Outstanding | 15.78 | 16.03 | 19.70 | 20.29 | 20.77 |
| Operating Cycle | 32.62 | 33.60 | 30.22 | 32.64 | 39.34 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.33 | 7.69 | 7.60 | 4.32 | 2.85 |
| Free Cash Flow Per Share | 6.30 | 3.94 | 4.98 | 2.45 | 1.83 |
| Dividend Paid and CapEx Coverage Ratio | 2.56 | 2.05 | 2.90 | 2.30 | 2.77 |
| Capital Expenditure Coverage Ratio | 2.56 | 2.05 | 2.90 | 2.31 | 2.80 |
| Operating Cash Flow Coverage Ratio | 0.05 | 0.07 | 0.09 | 0.05 | 0.06 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.14 | 0.17 | 0.13 | 0.14 |
| Free Cash Flow Yield | 17.26% | 11.38% | 11.14% | 7.30% | 4.08% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 47.39 | 14.32 | 13.88 | 9.31 | 17.24 |
| Price-to-Sales (P/S) Ratio | 0.55 | 0.62 | 0.98 | 1.05 | 2.23 |
| Price-to-Book (P/B) Ratio | 3.98 | 3.52 | 4.16 | 2.84 | 3.56 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 5.80 | 8.79 | 8.97 | 13.70 | 24.50 |
| Price-to-Operating Cash Flow Ratio | 3.53 | 4.51 | 5.88 | 7.77 | 15.75 |
| Price-to-Earnings Growth (PEG) Ratio | -0.70 | -0.58 | 0.03 | -0.12 | -0.09 |
| Enterprise Value Multiple | 37.12 | 16.76 | 18.58 | 8.39 | 12.20 |
| Enterprise Value | 63.76B | 40.09B | 44.55B | 41.80B | 41.62B |
| EV to EBITDA | 37.12 | 16.76 | 18.58 | 8.39 | 12.20 |
| EV to Sales | 3.64 | 2.33 | 2.76 | 3.18 | 4.30 |
| EV to Free Cash Flow | 38.23 | 33.08 | 25.21 | 41.73 | 47.15 |
| EV to Operating Cash Flow | 23.30 | 16.97 | 16.50 | 23.66 | 30.30 |
| Tangible Book Value Per Share | -11.26 | -10.22 | -7.11 | -2.96 | 8.36 |
| Shareholders’ Equity Per Share | 9.17 | 9.84 | 10.74 | 11.81 | 12.60 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.11 | 0.05 | 0.11 | 0.77 | 0.17 |
| Revenue Per Share | 66.21 | 56.08 | 45.54 | 32.08 | 20.09 |
| Net Income Per Share | 0.78 | 2.43 | 3.22 | 3.60 | 2.60 |
| Tax Burden | 0.53 | 0.67 | 0.78 | 1.63 | 0.86 |
| Interest Burden | 0.55 | 0.72 | 0.93 | 0.60 | 0.65 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.28 | 0.28 | 0.30 | 0.32 | 0.26 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Income Quality | 12.96 | 2.22 | 2.36 | 1.23 | 1.14 |
Currency in USD