MGM Resorts International (MGM) FinancialsMGMFinancialMGM Resorts International

MGM Resorts International (MGM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Casino, accounting for 48.5% of total sales, equivalent to $2.16B. Other significant revenue streams include Rooms and Food And Beverage. Understanding this composition is critical for investors evaluating how MGM navigates market cycles within the Casinos & Gaming industry.

Evaluating the bottom line, MGM Resorts International maintains a gross margin of 38.12%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 6.79%, while the net margin is 7.25%. These profitability ratios, combined with a Return on Equity (ROE) of 15.44%, provide a clear picture of how effectively MGM converts its operational activities into shareholder value.

In the context of the broader market, MGM competes directly with industry leaders such as WYNN and SGHC. With a market capitalization of $10.64B, it holds a leading position in the sector. When comparing efficiency, MGM's gross margin of 38.12% stands against WYNN's 31.44% and SGHC's 100.00%. Such benchmarking helps identify whether MGM Resorts International is trading at a premium or discount relative to its financial performance.

MGM's recent financial performance shows fluctuations in net income, with a notable drop to -285632000 in Q3 2025, but a recovery to 284839000 in Q2 2026. The gross margin has been relatively stable, around 38-40%, which is decent for the industry.