MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
MGM Resorts International (MGM) reported trailing twelve months (TTM) revenue of $17.54B as of December 2025, which represents a 1.7% increase year-over-year. The company's operating margin has contracted to 6.9% from 7.6% a year ago. In terms of profitability, MGM generated $205.86M in net income. Valuation-wise, the stock trades at a P/E ratio of 47.7x and a Price-to-Sales (P/S) ratio of 0.6x. The company reported negative free cash flow of $-31.76M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.
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