MGM Resorts International (MGM) Debt to Equity Ratio: 23.11
Is MGM Resorts International’s debt to equity ratio high or low?
MGM Resorts International's debt to equity ratio of 23.11 is 146% above its 5-year average of 9.38, near the high end of its 5-year range (3.23–23.11).
As of Tuesday, June 23, 2026. 37.36% above its 12-month average of 16.82.
MGM Debt to Equity Ratio Chart
MGM Average Debt to Equity Ratio Chart
MGM Current vs Average Debt to Equity Ratio Chart
MGM Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
23.11
DEBT TO EQUITY RATIO AVG TTM
16.82
DEBT TO EQUITY RATIO AVG 3Y
12.25
DEBT TO EQUITY RATIO AVG 5Y
9.38
DEBT TO EQUITY RATIO AVG 10Y
6.08
DEBT TO EQUITY RATIO AVG 15Y
3.53
DEBT TO EQUITY RATIO AVG 20Y
2.95
CURRENT VS TTM AVG
+37.36%
CURRENT VS 3Y AVG
+88.69%
CURRENT VS 5Y AVG
+146.33%
CURRENT VS 10Y AVG
+279.93%
CURRENT VS 15Y AVG
+554.54%
CURRENT VS 20Y AVG
+682.30%
MGM Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MGM Resorts International (MGM) | $11.91B | 23.11 | 16.82 | 12.25 | 9.38 |
| NIO Inc. (NIO)vs › | $11.90B | 6.31 | 5.99 | 3.58 | 2.54 |
| Hasbro, Inc. (HAS)vs › | $11.94B | 6.32 | 4.63 | 4.19 | 3.06 |
| Lululemon Athletica Inc. (LULU)vs › | $11.97B | 0.36 | 0.36 | 0.35 | 0.34 |
| Avery Dennison Corporation (AVY)vs › | $12.05B | 1.66 | 1.66 | 1.52 | 1.51 |
| Wayfair Inc. (W)vs › | $11.22B | -1.46 | 0.49 | 0.25 | 0.20 |
| DraftKings Inc. (DKNG)vs › | $12.73B | 3.06 | 2.19 | 1.75 | 1.30 |
| Wynn Resorts, Limited (WYNN)vs › | $10.75B | -44.62 | 5.34 | 21.24 | 21.24 |
| Aptiv PLC (APTV)vs › | $13.45B | 0.88 | 0.95 | 0.82 | 0.73 |
| Domino's Pizza, Inc. (DPZ)vs › | $9.82B | -1.34 | N/A | N/A | N/A |
Financial Health
Debt/Equity
23.11
Current Ratio
1.23
MGM Resorts International Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MGM Resorts International 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 23.11.
- Is MGM Resorts International's debt to equity ratio high or low?
- MGM Resorts International's debt to equity ratio of 23.11 is 146% above its 5-year average of 9.38, near the high end of its 5-year range (3.23–23.11).
- 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 16.82.
- 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 12.25.
- 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 9.38.
- 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 6.08.
- 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 3.53.
- 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 2.95.
MGM Resorts International Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 23.11 |
| 2024-12-31 | 10.54 |
| 2023-12-31 | 8.30 |
| 2022-12-31 | 7.04 |
| 2021-12-31 | 4.07 |
| 2020-12-31 | 3.23 |
| 2019-12-31 | 2.03 |
| 2018-12-31 | 2.32 |
| 2017-12-31 | 1.70 |
| 2016-12-31 | 2.09 |
| 2015-12-31 | 2.48 |
| 2014-12-31 | 3.43 |
| 2013-12-31 | 3.23 |
| 2012-12-31 | 3.16 |
| 2011-12-31 | 2.27 |
| 2010-12-31 | 4.08 |
| 2009-12-31 | 3.70 |
| 2008-12-31 | 3.39 |
| 2007-12-31 | 1.84 |
| 2006-12-31 | 3.38 |
| 2005-12-31 | 3.82 |
| 2004-12-31 | 1.97 |
| 2003-12-31 | 2.18 |
| 2002-12-31 | 1.96 |
| 2001-12-31 | 2.18 |
| 2000-12-31 | 2.47 |
| 1999-12-31 | 1.30 |
| 1998-12-31 | 0.57 |
| 1997-12-31 | 0.06 |
| 1996-12-31 | 0.10 |
Related Metrics
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.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- William Joseph Hornbuckle