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MGM Resorts International MGM United States — Total Revenue

Other geography segments

China
$4.02B

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Net revenue:Year Ended December 31, 2025 / (In thousands)Year Ended December 31, 2024 / (In thousands)Year Ended December 31, 2023 / (In thousands)
United States$12,411,625$12,664,897$12,577,085
China4,464,0954,020,4203,153,520
Other661,963555,228433,644
$17,537,683$17,240,545$16,164,249

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is MGM Resorts International's united states — total revenue?
MGM Resorts International (MGM) reported united states — total revenue of $3.1B in Q4 2025.
How has MGM Resorts International's united states — total revenue changed year-over-year?
MGM Resorts International's united states — total revenue decreased by 2.0% year-over-year, from $3.17B to $3.1B.
What is the long-term trend for MGM Resorts International's united states — total revenue?
Over 3 years (2022 to 2025), MGM Resorts International's united states — total revenue has grown at a 0.2% compound annual growth rate (CAGR), from $12.32B to $12.41B.
What does united states — total revenue mean?
This metric captures the aggregate gross income generated from all business activities within the domestic market, including casino operations, room rentals, food and beverage, and entertainment. It serves as the primary indicator of the company's top-line performance and market demand within its home region. By isolating domestic revenue, investors can evaluate the health of the core business and the impact of regional economic trends on consumer discretionary spending.

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