MGM Resorts International

XTRA:MGG Stock Report

Market Cap: €12.8b

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MGM Resorts International Past Earnings Performance

Past criteria checks 2/6

MGM Resorts International has been growing earnings at an average annual rate of 12.1%, while the Hospitality industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 7.7% per year. MGM Resorts International's return on equity is 30.1%, and it has net margins of 7.1%.

Key information

12.1%

Earnings growth rate

18.2%

EPS growth rate

Hospitality Industry Growth-11.8%
Revenue growth rate7.7%
Return on equity30.1%
Net Margin7.1%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How MGM Resorts International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XTRA:MGG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2316,1191,1425,2130
30 Sep 2315,3341,0965,1790
30 Jun 2314,7783665,1950
31 Mar 2314,1021,9365,0820
31 Dec 2213,0821,4414,7080
30 Sep 2212,5511,2824,2540
30 Jun 2211,7693,1943,6610
31 Mar 2210,7071,4903,1990
31 Dec 219,4541,1762,9350
30 Sep 217,8016152,6830
30 Jun 216,271-1,2612,5650
31 Mar 214,352-2,1532,4400
31 Dec 204,917-9972,4890
30 Sep 206,6011,4722,5270
30 Jun 208,7141,9642,5060
31 Mar 2011,5522,8342,5330
31 Dec 1912,4632,0462,5730
30 Sep 1912,32622,3570
30 Jun 1912,0421812,3680
31 Mar 1911,6842542,3400
31 Dec 1811,3384452,3350
30 Sep 1810,8931,8442,4090
30 Jun 1810,6981,8542,3200
31 Mar 1810,4971,9462,2140
31 Dec 1710,3951,9342,1070
30 Sep 1710,2635891,9390
30 Jun 179,9519761,9110
31 Mar 179,5671,2411,8980
31 Dec 169,0811,1001,8310
30 Sep 168,7892951,7350
30 Jun 168,556-1741,6550
31 Mar 168,669-5511,6240
31 Dec 158,791-4481,6550
30 Sep 158,986-91,6250
30 Jun 159,191-951,6330
31 Mar 159,394-831,6130
31 Dec 149,699-1501,5970
30 Sep 149,8311361,5740
30 Jun 149,8151341,5560
31 Mar 149,719-761,5340
31 Dec 139,445-1721,5090
30 Sep 139,228-1,3391,5210
30 Jun 139,024-1,4981,5020
31 Mar 138,868-1,5441,4840

Quality Earnings: MGG has high quality earnings.

Growing Profit Margin: MGG's current net profit margins (7.1%) are lower than last year (11%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MGG's earnings have grown by 12.1% per year over the past 5 years.

Accelerating Growth: MGG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MGG had negative earnings growth (-20.7%) over the past year, making it difficult to compare to the Hospitality industry average (16.2%).


Return on Equity

High ROE: Whilst MGG's Return on Equity (30.11%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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