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MGM Resorts International MGM MGM China — CapEx

Other segment segments

Las Vegas Strip Resorts
$93.74M-22.0%
Regional Operations
$32.07M-22.3%
MGM Digital
$20.23M-5.5%

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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$11.39B+19.2%
Enterprise value$39B-0.5%
P/E26.7×+9.0×
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:SegmentExpenditureAdditionToLongLivedAssets.

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
Capital expenditures:Three Months Ended June 30, 2026 / (In thousands)Three Months Ended June 30, 2025 / (In thousands)Six Months Ended June 30, 2026 / (In thousands)Six Months Ended June 30, 2025 / (In thousands)
Las Vegas Strip Resorts$93,736$120,131$144,744$225,369
Regional Operations32,07041,25351,83063,870
MGM China34,36751,58376,514111,319
MGM Digital20,23321,41742,25439,854
Reportable segment capital expenditures180,406234,384315,342440,412
Corporate and other60,97534,05880,70356,071
$241,381$268,442$396,045$496,483

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's MGM china — capex?
MGM Resorts International (MGM) reported MGM china — capex of $34.37M in Q2 2026.
How has MGM Resorts International's MGM china — capex changed year-over-year?
MGM Resorts International's MGM china — capex decreased by 33.4% year-over-year, from $51.58M to $34.37M.
What is the long-term trend for MGM Resorts International's MGM china — capex?
Over 4 years (2021 to 2025), MGM Resorts International's MGM china — capex has grown at a 30.2% compound annual growth rate (CAGR), from $67.99M to $195.21M.
What does MGM china — capex mean?
Funds used to acquire, upgrade, or maintain physical assets such as property, gaming equipment, and resort facilities within the China segment. This reflects the company's commitment to reinvesting in its regional infrastructure.

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