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

Las Vegas Sands

While Las Vegas Sands (LVS) has an edge over MGM Resorts (MGM) in terms of projected EPS, the latter has a better debt-to-asset ratio.

MGM Resorts or Las Vegas Sands: Which is Worth the Gamble?

Energy Transfer LP Unit

Lowe's

Occidental Petroleum

The largest Insider Buys this week were for Lowe's Companies Inc. (NYSE:LOW), Energy Transfer LP (NYSE:ET), Occidental Petroleum Corp.

Weekly Top Insider Buys Highlight for the Week of June 21

Anaplan Inc

Athenex

Chubb

Chewy

Seres Therapeutics

Smartsheet

The GuruFocus All-in-One Screener can be used to find insider trades from the past week.

Largest insider trades of the week: June 21

BioDelivery Sciences

Document Security Systems

Evofem Biosciences Inc

Legacy Education Inc

Revolve

Largest Insider Trades of the Week: June 14

Wynn Resorts

Casino stocks have traded mostly in line with the overall market so far in 2019, but a pair of unusually large options trades on Thursday morning suggests at least one trader is placing a bet that the winning streak will soon be over for casino stocks.

Options Traders Make Aggressive Bearish Bets On Near-Term Casino Stock Weakness

American Airlines

Immunomedics

Teva Pharmaceutical

Insider buying can be an encouraging signal for potential investors. Board chairs at pharmaceutical companies made notable buys this week.

Notable Insider Buys This Past Week

MGM Resorts (MGM) growth initiative MGM 2020 is enhancing operational efficiency and boosting earnings.

MGM Resorts (MGM) Announces Job Cuts, Aims to Boost Earnings

MGM (MGM) reported earnings 30 days ago. What's next for the stock?

Why Is MGM (MGM) Down 4.9% Since Last Earnings Report?

MGM Resorts' (MGM) focus on non-gaming activities is likely to aid growth, whereas high debt-laden business remains a concern.

MGM Resorts (MGM) Gains From Macau Business Amid High Debt

Caesars Entertainment

But threat looms next month as DOJ Wire Act compliance deadline approaches.

Sports Betting Driving Online Gaming in New Jersey Casinos

Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday.

Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM

Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern US history. “The company believes it is reasonably possible that a settlement will be reached” by next May, it told the Securities.

MGM Resorts could pay $800M to settle lawsuits over Las Vegas shooting

Casino stocks have come under pressure as trade war tension threaten Macau revenue. Charts suggest it may be time to make a play.

Rolling the Dice on Casino Stocks Amid Trade War

Las Vegas has been hit and miss, and in Macau, it's playing catch up. But the casino resort company has a legitimate shot to take a piece of Asia's next big gaming market.

MGM Resorts Sees Its Path to Growth Running Through Asia

MGM Resorts' (MGM) first-quarter 2019 revenues gain from robust performance by MGM China.

MGM Resorts (MGM) Q1 Earnings Miss, Revenues Beat Estimates

MGM Resorts International (MGM) CEO James Murren on Q1 2019 Results - Earnings Call Transcript

Cousins Properties

MGM Growth Properties

Plymouth Industrial REIT

The strongest REITs are going to be those with improving outlooks and great Zacks Ranks. So, let's check out the REITs that our model says are impressive options right now.

3 Great REITs to Buy Right Now

American Tower

Brixmor Property Group

Americold Realty

CyrusOne

Core-Mark Holding Company

Digital Realty Trust

Healthpeak Properties Inc

Equinix

Extra Space Storage

Getty Realty

Public Storage

PS Business Parks

QTS Realty Trust

Vanguard Real Estate ETF

Several leading investment experts and contributors to MoneyShow.com highlight their favorite REITs involved in such niche markets as casinos to self-storage facilities and convenience stores to data centers.

7 Experts' Share Best REITs To Buy Now

MGM Resorts' (MGM) top line in first-quarter 2019 is likely to be driven by robust performance of both China and domestic operations.

Factors Likely to Influence MGM Resorts' (MGM) Q1 Earnings

Melco Resorts and Entertainment

4 Ways to Bet on the World's Biggest Gaming Market

The growth Macau saw in 2018 is now gone.

Has Macau's Gaming Market Hit a Wall?

As the 87 professional golfers tee off on Thursday for the 83rd annual Masters Tournament, bettors are also coming out stronger than ever.

News for MGM Resorts Stock (MGM)