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EV / EBITDA at other companies

Wynn Resorts logo
Wynn ResortsWYNN
12.3×+0.5×
Las Vegas Sands logo
Las Vegas SandsLVS
11×-0.3×
Flutter Entertainment logo
Flutter EntertainmentFLUT
18.9×-3.0×
DraftKings Inc. logo
DraftKings Inc.DKNG
33×
Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
13.3×-2.4×
VICI Properties Inc. logo
VICI Properties Inc.VICI
11.9×-3.3×

Other financials

Income statement

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Revenue$4.5B+4.2%
Operating income$301.2M-21.8%
Net income$125.1M-15.8%
EPS (diluted)$0.48-5.9%

Balance sheet

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Cash & equivalents$2.3B+1.0%
Total debt$31.7B-0.6%
Total equity$2.4B-14.7%
Total assets$41.4B-1.2%

Cash flow

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Operating cash flow$567.8M+3.8%
CapEx$154.7M-32.2%
Free cash flow$413.1M+29.5%

Valuation

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Market cap$11.98B+11.9%
Enterprise value$41.38B+2.1%
P/E65.7×+49.9×
P/S0.7×+0.1×

Profitability

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Operating margin5.2%-3.1pp
Net margin1%-2.9pp
FCF margin8.8%+2.0pp

Returns & leverage

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Return on equity6.9%-14.6pp
Debt / equity13×+1.9×
Current ratio1.3×0.0×

Where this comes from

Calculated from MGM Resorts International’s reported figures.

Based on the most recent quarter.

The official record: MGM Resorts International’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGM Resorts International's EV / EBITDA?
MGM Resorts International (MGM) reported EV / EBITDA of 19.8× in Q1 2026.
How has MGM Resorts International's EV / EBITDA changed year-over-year?
MGM Resorts International's EV / EBITDA increased by 19.0% year-over-year, from 16.6× to 19.8×.
What is the long-term trend for MGM Resorts International's EV / EBITDA?
Over 5 years (2020 to 2025), MGM Resorts International's EV / EBITDA has grown at a -18.8% compound annual growth rate (CAGR), from 55.4× to 19.5×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.