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MGM Resorts International MGM Return on invested capital

Return on invested capital at other companies

Churchill Downs logo
Churchill DownsCHDN
17%-3.8pp
Boyd Gaming logo
Boyd GamingBYD
10.9%-2.4pp
Monarch Casino & Resort logo
Monarch Casino & ResortMCRI
24.6%+8.2pp
PENN Entertainment, Inc. logo
PENN Entertainment, Inc.PENN
-5.4%-6.3pp
Wynn Resorts logo
Wynn ResortsWYNN
9.3%-0.2pp
Las Vegas Sands logo
Las Vegas SandsLVS
16.9%+2.0pp

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

Calculated from MGM Resorts International’s reported figures.

Based on trailing twelve months.

The source filing: MGM Resorts International’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000789570-26-000076

FAQ

What is MGM Resorts International's return on invested capital?
MGM Resorts International (MGM) reported return on invested capital of 3.2% in Q2 2026.
How has MGM Resorts International's return on invested capital changed year-over-year?
MGM Resorts International's return on invested capital decreased by 24.3% year-over-year, from 4.3% to 3.2%.
What is the long-term trend for MGM Resorts International's return on invested capital?
Over 5 years (2020 to 2025), MGM Resorts International's return on invested capital has grown at a 1.0% compound annual growth rate (CAGR), from -3% to 3.1%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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