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MGM Resorts International MGM Goodwill impairment

Goodwill impairment at other companies

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Dollar TreeDLTR
$490.5M-54.1%
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Veeva SystemsVEEV
$0
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$0
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$4.99M-3.0%
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Lincoln Educational Services CorporationLINC
$0
SIL
SILASILA
$0-100%

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%
CapEx$241.4M-10.1%
Free cash flow$317.4M-15.9%

Valuation

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Market cap$11.25B+17.7%
Enterprise value$38.86B-0.8%
P/E26.4×+8.7×
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:GoodwillImpairmentLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Corporate expense131,433124,096268,653266,447
Preopening and start-up expenses1128491,089934
Property transactions, net(286,695)125(272,475)15,593
Goodwill impairment111,019111,019
Depreciation and amortization282,315241,975546,040478,419
3,973,1954,026,1658,136,6977,905,294
Income from unconsolidated affiliates25,83825,86035,86412,964
Operating income503,636404,565804,878789,622

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's goodwill impairment?
MGM Resorts International (MGM) reported goodwill impairment of $111.02M in Q2 2026.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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