MGM Resorts International

NYSE MGM

MGM Resorts International EBT Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 7.13%

MGM Resorts International EBT Margin is 7.13% for the Trailing 12 Months (TTM) ending September 30, 2024, a -1.95% change year over year. EBT Ratio (Earnings Before Tax Ratio) is the fraction of earnings before taxes to total revenue, indicating the company's profitability before the impact of tax expenses.

MGM Resorts International EBT Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 7.27%, a -15.61% change year over year.
MGM Resorts International EBT Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 8.62%, a -6.95% change year over year.
MGM Resorts International EBT Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 9.26%, a -62.08% change year over year.
MGM Resorts International EBT Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 24.42%, a 865.61% change year over year.

Key data

Date	EBT Margin	Net Income Margin	EBITDA Margin	EBIT Margin

NYSE: MGM

MGM Resorts International

CEO	Mr. William Joseph Hornbuckle IV
IPO Date	May 2, 1988
Location	United States
Headquarters	3600 Las Vegas Boulevard South
Employees	58,000
Sector	Consumer Discretionary
Industries Casinos

Description

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its 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.

Key trends

Past 5 years