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MGM Resorts International MGM Las Vegas Strip Resorts — CapEx

Other segment segments

MGM China
$42.15M-29.4%
MGM Digital
$22.02M+19.4%
Regional Operations
$19.76M-12.6%

Similar metrics at other companies

Wynn Resorts logo
WYNNLas Vegas Operations — CapEx
$56.6M+34.1%
Las Vegas Sands logo
LVSLas Vegas Operating Properties — CapEx
$26M0.0%
Wynn Resorts logo
WYNNLas Vegas Operations — Segment, Expenditure, Addition to Long-Lived Assets
$84.35M+50.2%
Las Vegas Sands logo
LVSSingapore — CapEx
$102M-41.7%
Las Vegas Sands logo
LVSCorporate and Other — CapEx
$3M-57.1%
Las Vegas Sands logo
LVSUnited States — CapEx
$11M-92.4%

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 us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

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 las vegas strip resorts — capex?
MGM Resorts International (MGM) reported las vegas strip resorts — capex of $51.01M in Q1 2026.
How has MGM Resorts International's las vegas strip resorts — capex changed year-over-year?
MGM Resorts International's las vegas strip resorts — capex decreased by 51.5% year-over-year, from $105.24M to $51.01M.
What is the long-term trend for MGM Resorts International's las vegas strip resorts — capex?
Over 4 years (2021 to 2025), MGM Resorts International's las vegas strip resorts — capex has grown at a 17.8% compound annual growth rate (CAGR), from $266.94M to $513.61M.
What does las vegas strip resorts — capex mean?
Cash spent on property, plant, and equipment for the Las Vegas Strip resort segment.
How do you interpret las vegas strip resorts — capex?
High spending may indicate growth initiatives or necessary maintenance, while low spending could signal capital preservation or deferred maintenance.
How does las vegas strip resorts — capex compare across companies?
Standard capital expenditure metric; comparable to maintenance and growth capex at other large-scale real estate and resort operators.