Revenue segments as reported by the company.

Casino

Rooms

Food and beverage

Entertainment, retail and other

Reimbursed costs

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate expense

Depreciation and amortization

Income from unconsolidated affiliates

Property transactions, net

Preopening and start-up expenses

Gain on REIT transactions, net

Gain on consolidation of CityCenter, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MGM Resorts

Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International. One of the property's towers operates as the Delano; the Four Seasons Hotel is independently operated within the Mandalay Bay tower, occupying 5 floors (35–39).

Mandalay Bay

Bellagio  is a resort, luxury hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International and was built on the site of the demolished Dunes hotel and casino. Inspired by the Lake Como town of Bellagio in Italy, Bellagio is famed for its elegance. One of its most notable features is an 8-acre (3.2 ha) lake between the building and the Strip, which houses the Fountains of Bellagio, a large dancing water fountain synchronized to music.

Bellagio

Circus Circus Las Vegas is a hotel, 123,928 sq ft (11,513.3 m2) casino, and RV park located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by MGM Resorts International. Circus Circus features circus acts and carnival type games daily on the Midway.

Circus Circus Las Vegas

The Mirage is a 3,044 room Polynesian-themed resort and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. The resort was built by developer Steve Wynn and is currently owned and operated by MGM Resorts International.

The Mirage

The MGM Grand Las Vegas (formerly Marina and MGM-Marina) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the United States with 6,852 rooms. It is also the third-largest hotel complex in the world by number of rooms and second-largest hotel resort complex in the United States behind the combined The Venetian and The Palazzo. When it opened in 1993, the MGM Grand was the largest hotel complex in the world.

MGM Grand Las Vegas

Excalibur Hotel and Casino is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the Medieval theme in several ways. Its facade is a stylized image of a castle. Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana - Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay.

Excalibur

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MGM Resorts posts record Q4 earnings, eyes growth opportunities

MGM Resorts delivered strong financial performance driven by record EBITDAR and room night growth.
The company's diverse portfolio and strategic initiatives position it well for future growth.
Challenges include dividend suspension, operational metrics scrutiny, and project uncertainties.
Opportunities lie in continued growth in Macau, digital ventures, and capital allocation strategy.

MGM Resorts reports robust Q1 performance and eyes global expansion

MGM Resorts demonstrated resilience and growth potential across regions, with a focus on profitability and sustained market share.
Strategic investments in property enhancements and digital gaming aim to drive revenue and attract diverse customer segments.
Balanced financial position enables MGM to pursue growth opportunities and navigate potential challenges effectively.
Overall, MGM's performance outlook is positive, with a strong emphasis on market expansion and operational efficiency.

MGM Resorts posts record revenues and BetMGM on track for profitability

MGM Resorts delivered strong financial results, with a focus on margin improvement, digital investments, and strategic acquisitions. BetMGM's positive trajectory towards profitability and loyalty program enhancements driving revenue growth. Challenges include regional revenue variations and competitive pressures in Macau.

MGM Resorts reports record Q3 revenue amidst cybersecurity challenges

MGM Resorts showcased strong financial performance in Q3 2023, driven by record revenues in MGM China and BetMGM, despite short-term challenges.
The company's strategic focus on reducing leverage, growing free cash flow, and prioritizing share repurchases positions it well for future growth and profitability.
Opportunities in gaming expansion in Dubai, iGaming markets, and strategic partnerships offer avenues for revenue diversification and market expansion.
Efficient management of challenges like cybersecurity issues, labor negotiations, and inflationary impacts demonstrates MGM's resilience and adaptability.

MGM Resorts achieves record Q4 results, eyes digital expansion

MGM Resorts' strong performance in 2023 sets a positive tone for 2024, with a focus on innovation, strategic expansion, and event-driven growth. While challenges exist, the company's proactive approach to opportunities positions it well for continued success.

MGM Resorts achieves record Q1 earnings, eyes global expansion

MGM Resorts delivered a standout performance in Q1 2024, driven by strong results in Las Vegas and MGM China. The company's focus on digital expansion, strategic financial decisions, and potential market expansions position it for continued growth and shareholder value creation.

MGM Resorts reports strong Q2 performance driven by luxury and digital growth

MGM Resorts' Q2 performance reflects a balanced growth strategy with a focus on luxury resorts and digital initiatives
Strong partnerships, profitability in BetMGM, and plans for share repurchases signal a positive outlook for the company
While facing challenges in a competitive market, MGM's strategic investments and focus on cash flow generation position it for future success

MGM Resorts reports record Q3 performance and outlines growth strategies

MGM Resorts delivered a robust performance in Q3, driven by record revenues and EBITDAR across segments, showcasing operational strength
BetMGM's success in profitability and online gaming highlights its strategic positioning in the digital market landscape
Challenges include managing expenses, regulatory compliance, and sustaining growth momentum amidst industry competition
Future opportunities center on strategic expansion, market diversification, and innovation to drive sustained value creation

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MGM Resorts International's (MGM) CEO Jim Murren on Q4 2019 Results - Earnings Call Transcript

MGM (MGM) delivered earnings and revenue surprises of -66.67% and -0.72%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Q4 Earnings and Revenues Miss Estimates

Shares of MGM Resorts International (NYSE:MGM) traded over 2% lower in aftermarket trading on Wednesday on the back of reporting fourth-quarter 2019 earnings that missed management’s expectations despite announcing a CEO transition.

MGM Gives Up Gains as Coronavirus Weighs on 2020 Guidance

The long-tenured leader will be remembered for selling assets to restore the company's balance sheet.

MGM Resorts CEO Jim Murren to Step Down

Shares of MGM Resorts International MGM, +2.90% fell more 2% in the extended session Wednesday after the hotel and casino operator withdrew its guidance for the year and said its casinos in Macau are closed.

MGM Resorts pulls 2020 guidance, Macau casinos closed

MGM Resorts (MGM) earnings for the hotel company's fourth quarter of 2019 have MGM stock heading lower after markets closed on Wednesday.
The post MGM Resorts Earnings: MGM Stock Falls 5% on Mixed Q4, Outlook Withdrawal appeared first on InvestorPlace.

MGM Resorts Earnings: MGM Stock Falls 5% on Mixed Q4, Outlook Withdrawal

MGM Resorts International (NYSE: MGM) announced on Wednesday afternoon that CEO Jim Murren will step down and the committee is working to replace him.

MGM CEO Jim Murren To Step Down

MGM Resorts International's  Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.

MGM Resorts CEO Jim Murren to step down before contract ends

Shares of MGM Resorts International  rose 4% in the extended session Wednesday after the hotel and casino operator said Chief Executive Jim Murren will step down before his contract expires.

MGM CEO to step down

MGM Resorts International chairman and CEO Jim Murren has told the company's board that he is stepping down, prior to his contract ending, the company announced Wednesday.

MGM Resorts CEO Jim Murren is stepping down, shares jump

MGM Resorts International shows improving price performance, earning an upgrade to its IBD Relative Strength Rating. Can it continue?

MGM Resorts Flashes Improved Stock Rating; Will Coronavirus Impact Winnings?

CFRA downgraded MGM Resorts International MGM, -2.16% to sell from hold on Friday, citing a more dire than originally expected impact from the coronavirus that has sickened thousands of people, mostly in China.

CFRA downgrades MGM Resorts to sell, on concerns coronavirus impact on Macau will be much worse than feared

Las Vegas Sands

MGM vs. LVS: Which Stock Is the Better Value Option?

Melco Resorts and Entertainment

Wynn Resorts

The 15-day suspension could be extended, depending on the severity of the outbreak.

Macao requests casinos halt activity amid coronavirus outbreak, but experts say the pain is temporary

Already weakened casino operators face prospect of being forced to close for even longer.

Coronavirus to Shut Macau Casinos For At Least 2 Weeks

The gaming market was already promising to be weak -- but now the outlook is utterly bleak.

Wuhan Coronavirus Outbreak Will Devastate Macau Casinos

Hong Kong reported its first coronavirus-related death Tuesday, the second recorded outside mainland China, according to Reuters reports.

Macau Shuts Casinos Amid Coronavirus Outbreak, Hong Kong Reports First Death

Shares of U.S.-based casino operators with exposure to China were falling in premarket trading Tuesday.

Casino stocks fall as Macau shuts down for 2 weeks on coronavirus concerns

Carnival

Disney

Hyatt Hotels

Hilton Worldwide Holdings

Marriott

McDonald's

Royal Caribbean Cruises

Starbucks

Numerous companies are closing shops in China.

Coronavirus Hits Big Business: These Companies Are Cutting Operations And Restricting Travel To China As Disease Spreads

Companies who bet the house on Macau have no way of escaping the coronavirus outbreak.

Why Casino Stocks Are Falling Today

Shares of casino operators with heavy exposure to China are taking a broad beating in premarket trading Monday, as the rapid spread of the deadly coronavirus out of Wuhan, China has led to travel bans.

Casino stocks take a beating as spread of coronavirus leads to travel bans

MGM Resorts (MGM) to provide exclusive fan experiences before and after Raiders home games.

MGM Resorts Announces Partnership With Las Vegas Raiders

MGM Resorts International (NYSE:MGM) could record further stock price growth, in my view, after its 17% gain in the past year.

Why MGM Resorts Has Growth Potential

Dismal Macau performance have been hurting the casino stocks. The China coronavirus have further added to the woes.

Casinos Stocks Plummet on Concerns Over China Coronavirus

After closing the sale of Bellagio and Circus Circus last year, MGM Resorts (NYSE: MGM) announced its plans to monetize MGM Grand Las Vegas and Mandalay Bay last week.

News for MGM Resorts Stock (MGM)