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MGM Resorts International MGM Customer Advances and Other — Decrease

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NRZIncrease (Decrease) In Servicer Advances Receivable, Net

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

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept mgm:ChangeInContractAndContractRelatedLiabilities.

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 customer advances and other — decrease?
MGM Resorts International (MGM) reported customer advances and other — decrease of -$21.33M in Q1 2026.
How has MGM Resorts International's customer advances and other — decrease changed year-over-year?
MGM Resorts International's customer advances and other — decrease decreased by 88.5% year-over-year, from -$11.32M to -$21.33M.
What is the long-term trend for MGM Resorts International's customer advances and other — decrease?
Over 3 years (2021 to 2025), MGM Resorts International's customer advances and other — decrease has grown at a -50.0% compound annual growth rate (CAGR), from $279.81M to $34.89M.
What does customer advances and other — decrease mean?
The net change in the amount of pre-paid customer funds held by the company during the period.
How do you interpret customer advances and other — decrease?
A decrease often signals that the company is successfully converting its backlog of pre-paid bookings into recognized revenue, whereas an increase signals a build-up of future service obligations.
How does customer advances and other — decrease compare across companies?
Similar to 'Change in Deferred Revenue' found in the cash flow statements of other large-scale hospitality and leisure operators.