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MGM Resorts International MGM Rooms — Cost of Sales

Other product segments

Casino
$1.35B+8.5%
Food and beverage
$576.28M+2.9%
Entertainment, retail and other
$253.42M+8.1%

Similar metrics at other companies

Wynn Resorts logo
WYNNRooms — Cost of goods and services sold
$89.79M+6.8%
Host Hotels & Resorts logo
HSTRooms — Expenses
$224M-0.4%
Host Hotels & Resorts logo
HSTCost of goods sold — Expenses
$21M
Hyatt Hotels logo
HOwned and leased hotels revenues — Costs of goods and services sold
$269M+11.6%
Hyatt Hotels logo
HOwned and leased — Costs of goods and services sold
$200M+3.1%
Wynn Resorts logo
WYNNRooms — Stock-based compensation expense
$1.86M+634%

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

See full
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:CostOfGoodsAndServicesSold.

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 rooms — cost of sales?
MGM Resorts International (MGM) reported rooms — cost of sales of $285.28M in Q1 2026.
How has MGM Resorts International's rooms — cost of sales changed year-over-year?
MGM Resorts International's rooms — cost of sales increased by 1.6% year-over-year, from $280.85M to $285.28M.
What is the long-term trend for MGM Resorts International's rooms — cost of sales?
Over 4 years (2021 to 2025), MGM Resorts International's rooms — cost of sales has grown at a 16.3% compound annual growth rate (CAGR), from $600.94M to $1.1B.
What does rooms — cost of sales mean?
The direct operating expenses incurred to clean, maintain, and provide hotel rooms to guests.
How do you interpret rooms — cost of sales?
An increase relative to revenue may signal rising labor costs or operational inefficiencies in room maintenance. A decrease relative to revenue suggests improved cost management or economies of scale in hospitality operations.
How does rooms — cost of sales compare across companies?
Comparable to 'Rooms Departmental Expenses' or 'Direct Cost of Lodging' reported by hospitality and casino resort peers.