What is MGM Resorts International's china — long-lived assets?

MGM Resorts International (MGM) reported china — long-lived assets of $2.67B in Q4 2025.

What does china — long-lived assets mean?

This metric represents the total book value of non-current, tangible, and intangible assets located within the China geographic segment. It reflects the capital intensity of the company's operations in the region, including property, plant, equipment, and long-term gaming licenses. Monitoring this value helps investors assess the scale of regional infrastructure and the potential for future depreciation or impairment charges.

MGM Resorts International (MGM) China — Long-Lived Assets

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Other geography segments

United States

$26.81B—

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AVYChina Including Hong Kong — Long-Lived Assets

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CALXChina — Long-Lived Assets

$2.98M+9.4%

BDCChina — Long-Lived Assets

$41.5M+7.4%

AOSChina — Long-Lived Assets

$193.6M-0.1%

TEXChina — Long-Lived Assets

$51M-16.4%

KMTCHINA — Long-Lived Assets

$73.88M-5.0%

Other financials

Income statement

See full

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

See full

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$11.39B+19.2%

Enterprise value$39B-0.5%

P/E26.7×+9.0×

P/S0.6×+0.1×

Profitability

See full

Operating margin5.7%-2.4pp

Net margin2.4%-0.7pp

FCF margin8.4%+0.9pp

Returns & leverage

See full

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:NoncurrentAssets.

The source filing: MGM Resorts International’s 10-K, filed February 11, 2026.

Filed: Feb 10, 2026, 7:00 PM EST
Fiscal year: FY2025
Accession: 0000789570-26-000018

Long-lived assets:	December 31, 2025 / (In thousands)	December 31, 2024 / (In thousands)	December 31, 2023 / (In thousands)
United States	$26,478,770	$26,903,773	$26,698,996
China	2,672,851	2,734,513	2,731,397
Other	156,700	90,160	46,616
	$29,308,321	$29,728,446	$29,477,009

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is MGM Resorts International's china — long-lived assets?: MGM Resorts International (MGM) reported china — long-lived assets of $2.67B in Q4 2025.
What does china — long-lived assets mean?: This metric represents the total book value of non-current, tangible, and intangible assets located within the China geographic segment. It reflects the capital intensity of the company's operations in the region, including property, plant, equipment, and long-term gaming licenses. Monitoring this value helps investors assess the scale of regional infrastructure and the potential for future depreciation or impairment charges.