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CapEx at other companies

Churchill Downs logo
Churchill DownsCHDN
$19M+0.5%
Boyd Gaming logo
Boyd GamingBYD
$155.18M-8.7%
Monarch Casino & Resort logo
Monarch Casino & ResortMCRI
$5.15M-36.4%
PENN Entertainment, Inc. logo
PENN Entertainment, Inc.PENN
$97.4M-38.9%
Wynn Resorts logo
Wynn ResortsWYNN
$153.02M-7.4%
Las Vegas Sands logo
Las Vegas SandsLVS
$332M+16.1%

Other financials

Income statement

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Revenue$4.5B+1.0%
Operating income$503.6M+24.5%
Net income$292.4M+497%
EPS (diluted)$1.11+517%

Balance sheet

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Cash & equivalents$2.5B+30.1%
Total debt$30.2B-4.5%
Total equity$2.5B-15.5%
Total assets$39.8B-4.4%

Cash flow

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Operating cash flow$558.8M-13.5%
Free cash flow$317.4M-15.9%

Valuation

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Market cap$11.39B+19.2%
Enterprise value$39B-0.5%
P/E26.7×+9.0×
P/S0.6×+0.1×

Profitability

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Operating margin5.7%-2.4pp
Net margin2.4%-0.7pp
FCF margin8.4%+0.9pp

Returns & leverage

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Return on equity15.5%-1.9pp
Debt / equity12×+1.4×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: MGM Resorts International’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000789570-26-000076
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other73,538(92,615)
Net cash provided by operating activities1,126,6071,192,949
Cash flows from investing activities
Capital expenditures(396,045)(496,483)
Dispositions of property and equipment5,92091
Investments in unconsolidated affiliates(137,556)(85,487)
Proceeds from sale of operating resorts506,659
Distributions from unconsolidated affiliates4,5311,089

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's capex?
MGM Resorts International (MGM) reported capex of $241.38M in Q2 2026.
How has MGM Resorts International's capex changed year-over-year?
MGM Resorts International's capex decreased by 10.1% year-over-year, from $268.44M to $241.38M.
What is the long-term trend for MGM Resorts International's capex?
Over 4 years (2021 to 2025), MGM Resorts International's capex has grown at a 21.5% compound annual growth rate (CAGR), from $490.7M to $1.07B.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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