MGM Resorts International (MGM) Debt/Equity Ratio: History & Chart

MGM Resorts International (MGM)MGMMGM Resorts International

About MGM Resorts International

MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.

Las Vegas, NV

60,000 employees

www.mgmresorts.com

Consumer Cyclical / Gambling, Resorts & Casinos

Sector: Consumer Cyclical
Industry: Gambling, Resorts & Casinos
CEO: William Joseph Hornbuckle

View full financials

MGM Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

11.87

DEBT TO EQUITY RATIO AVG TTM

14.05

DEBT TO EQUITY RATIO AVG 3Y

10.08

DEBT TO EQUITY RATIO AVG 5Y

8.15

DEBT TO EQUITY RATIO AVG 10Y

5.24

DEBT TO EQUITY RATIO AVG 15Y

4.40

DEBT TO EQUITY RATIO AVG 20Y

3.04

CURRENT VS TTM AVG

-15.51%

CURRENT VS 3Y AVG

+17.84%

CURRENT VS 5Y AVG

+45.62%

CURRENT VS 10Y AVG

+126.46%

CURRENT VS 15Y AVG

+169.60%

CURRENT VS 20Y AVG

+291.03%

SECTOR MEDIAN · CONSUMER CYCLICAL

0.79

median of 86 covered companies

CURRENT VS SECTOR MEDIAN

+1402.96%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
MGM Resorts International (MGM)	$11.23B	11.87	14.05	10.08	8.15
Domino's Pizza, Inc. (DPZ)vs ›	$11.62B	-1.29	N/A	N/A	N/A
DraftKings Inc. (DKNG)vs ›	$11.64B	2.36	2.19	1.75	1.30
NIO Inc. (NIO)vs ›	$11.75B	6.12	5.99	3.58	2.54
Wynn Resorts, Limited (WYNN)vs ›	$10.64B	-57.41	5.34	21.24	21.24
Aptiv PLC (APTV)vs ›	$10.33B	0.61	0.95	0.82	0.73
Chewy, Inc. (CHWY)vs ›	$9.86B	1.14	1.52	1.36	6.97
Hasbro, Inc. (HAS)vs ›	$13.16B	5.02	4.63	4.19	3.06
Deckers Outdoor Corporation (DECK)vs ›	$13.33B	0.21	0.13	0.13	0.14
Avery Dennison Corporation (AVY)vs ›	$13.60B	1.58	1.66	1.52	1.51

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

MGM Resorts International (MGM)

$11.23B

11.87

14.05

10.08

8.15

Domino's Pizza, Inc. (DPZ)vs ›

$11.62B

-1.29

N/A

DraftKings Inc. (DKNG)vs ›

$11.64B

2.36

2.19

1.75

1.30

NIO Inc. (NIO)vs ›

$11.75B

6.12

5.99

3.58

2.54

Wynn Resorts, Limited (WYNN)vs ›

$10.64B

-57.41

5.34

21.24

Aptiv PLC (APTV)vs ›

$10.33B

0.61

0.95

0.82

0.73

Chewy, Inc. (CHWY)vs ›

$9.86B

1.14

1.52

1.36

6.97

Hasbro, Inc. (HAS)vs ›

$13.16B

5.02

4.63

4.19

3.06

Deckers Outdoor Corporation (DECK)vs ›

$13.33B

0.21

0.13

0.14

Avery Dennison Corporation (AVY)vs ›

$13.60B

1.58

1.66

1.52

1.51

Debt to Equity Ratio FAQ

What is the debt to equity ratio for MGM Resorts International (MGM)?

The debt to equity ratio for MGM stock is 11.87.

Is MGM Resorts International's debt to equity ratio high or low?

The debt to equity ratio of 11.87 is 34% above its 5-year average of 8.87, around the middle of its 5-year range (3.42–23.11).

What is the TTM average debt to equity ratio for MGM Resorts International (MGM)?

The TTM average debt to equity ratio for MGM stock is 14.05.

What is the 3Y average debt to equity ratio for MGM Resorts International (MGM)?

The 3Y average debt to equity ratio for MGM stock is 10.08.

What is the 5Y average debt to equity ratio for MGM Resorts International (MGM)?

The 5Y average debt to equity ratio for MGM stock is 8.15.

What is the 10Y average debt to equity ratio for MGM Resorts International (MGM)?

The 10Y average debt to equity ratio for MGM stock is 5.24.

What is the 15Y average debt to equity ratio for MGM Resorts International (MGM)?

The 15Y average debt to equity ratio for MGM stock is 4.40.

What is the 20Y average debt to equity ratio for MGM Resorts International (MGM)?

The 20Y average debt to equity ratio for MGM stock is 3.04.

DATE	DEBT TO EQUITY RATIO
2026-06-30	11.87
2026-03-31	12.88
2025-12-31	23.11
2025-09-30	11.78
2025-06-30	10.62
2025-03-31	11.03
2024-12-31	10.45
2024-09-30	9.90
2024-06-30	9.77
2024-03-31	9.08
2023-12-31	8.30
2023-09-30	8.01
2023-06-30	7.21
2023-03-31	6.62
2022-12-31	7.04
2022-09-30	6.96
2022-06-30	5.84
2022-03-31	4.65
2021-12-31	4.07
2021-09-30	3.57
2021-06-30	3.42
2021-03-31	3.46
2020-12-31	3.23
2020-09-30	2.91
2020-06-30	2.69
2020-03-31	2.47
2019-12-31	2.03
2019-09-30	2.58
2019-06-30	2.35
2019-03-31	2.25
2018-12-31	2.32
2018-09-30	2.19
2018-06-30	1.99
2018-03-31	1.80
2017-12-31	1.70
2017-09-30	2.14
2017-06-30	2.03
2017-03-31	2.07
2016-12-31	2.09
2016-09-30	2.08
2016-06-30	2.26
2016-03-31	2.49
2015-12-31	2.48
2015-09-30	2.20
2015-06-30	2.29
2015-03-31	3.45
2014-12-31	3.43
2014-09-30	2.92
2014-06-30	2.90
2014-03-31	3.02
2013-12-31	3.23
2013-09-30	3.10
2013-06-30	3.10
2013-03-31	3.18
2012-12-31	3.16
2012-09-30	2.49
2012-06-30	2.37
2012-03-31	2.30
2011-12-31	2.27
2011-09-30	2.15
2011-06-30	1.98
2011-03-31	4.21
2010-12-31	4.08
2010-09-30	4.97
2010-06-30	4.58
2010-03-31	3.36
2009-12-31	3.70
2009-09-30	3.01
2009-06-30	2.49
2009-03-31	3.61
2008-12-31	3.39
2008-09-30	2.58
2008-06-30	2.56
2008-03-31	2.51
2007-12-31	1.84
2007-09-30	3.08
2007-06-30	3.13
2007-03-31	3.37
2006-12-31	3.38
2006-09-30	3.66
2006-06-30	3.64
2006-03-31	3.69
2005-12-31	3.82
2005-09-30	3.78
2005-06-30	3.86
2005-03-31	1.76
2004-12-31	1.97
2004-09-30	2.12
2004-06-30	2.21
2004-03-31	2.07
2003-12-31	2.18
2003-09-30	2.00
2003-06-30	1.91
2003-03-31	2.00
2002-12-31	1.96
2002-09-30	1.84

DATE

DEBT TO EQUITY RATIO

2026-06-30

11.87

2026-03-31

12.88

2025-12-31

23.11

2025-09-30

11.78

2025-06-30

10.62

2025-03-31

11.03

2024-12-31

10.45

2024-09-30

9.90

2024-06-30

9.77

2024-03-31

9.08

2023-12-31

8.30

2023-09-30

8.01

2023-06-30

7.21

2023-03-31

6.62

2022-12-31

7.04

2022-09-30

6.96

2022-06-30

5.84

2022-03-31

4.65

2021-12-31

4.07

2021-09-30

3.57

2021-06-30

3.42

2021-03-31

3.46

2020-12-31

3.23

2020-09-30

2.91

2020-06-30

2.69

2020-03-31

2.47

2019-12-31

2.03

2019-09-30

2.58

2019-06-30

2.35

2019-03-31

2.25

2018-12-31

2.32

2018-09-30

2.19

2018-06-30

1.99

2018-03-31

1.80

2017-12-31

1.70

2017-09-30

2.14

2017-06-30

2.03

2017-03-31

2.07

2016-12-31

2.09

2016-09-30

2.08

2016-06-30

2.26

2016-03-31

2.49

2015-12-31

2.48

2015-09-30

2.20

2015-06-30

2.29

2015-03-31

3.45

2014-12-31

3.43

2014-09-30

2.92

2014-06-30

2.90

2014-03-31

3.02

2013-12-31

3.23

2013-09-30

3.10

2013-06-30

3.10

2013-03-31

3.18

2012-12-31

3.16

2012-09-30

2.49

2012-06-30

2.37

2012-03-31

2.30

2011-12-31

2.27

2011-09-30

2.15

2011-06-30

1.98

2011-03-31

4.21

2010-12-31

4.08

2010-09-30

4.97

2010-06-30

4.58

2010-03-31

3.36

2009-12-31

3.70

2009-09-30

3.01

2009-06-30

2.49

2009-03-31

3.61

2008-12-31

3.39

2008-09-30

2.58

2008-06-30

2.56

2008-03-31

2.51

2007-12-31

1.84

2007-09-30

3.08

2007-06-30

3.13

2007-03-31

3.37

2006-12-31

3.38

2006-09-30

3.66

2006-06-30

3.64

2006-03-31

3.69

2005-12-31

3.82

2005-09-30

3.78

2005-06-30

3.86

2005-03-31

1.76

2004-12-31

1.97

2004-09-30

2.12

2004-06-30

2.21

2004-03-31

2.07

2003-12-31

2.18

2003-09-30

2.00

2003-06-30

1.91

2003-03-31

2.00

2002-12-31

1.96

2002-09-30

1.84

Debt to Equity Ratio: 11.87

MGM Debt to Equity Ratio

MGM Average Debt to Equity Ratio Chart

MGM Current vs Average Debt to Equity Ratio Chart

MGM Debt to Equity Ratio Metrics

MGM Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

MGM Debt to Equity Ratio History

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