MGM Resorts International (MGM) EBITDA Margin: 9.79%
Is MGM Resorts International’s EBITDA margin high or low?
MGM Resorts International's EBITDA margin of 9.79% is 39% below its 5-year average of 15.97%, around the middle of its 5-year range (-15.86%–37.94%).
As of Wednesday, June 24, 2026. 17.24% below its 12-month average of 11.83%.
MGM EBITDA Margin Chart
Reported annual fiscal-period values; no daily interpolation.
MGM Average EBITDA Margin Chart
MGM Current vs Average EBITDA Margin Chart
MGM EBITDA Margin Metrics
EBITDA MARGIN
9.79%
EBITDA MARGIN AVG TTM
11.83%
EBITDA MARGIN AVG 3Y
19.11%
EBITDA MARGIN AVG 5Y
15.97%
EBITDA MARGIN AVG 10Y
19.60%
EBITDA MARGIN AVG 15Y
19.58%
EBITDA MARGIN AVG 20Y
20.14%
CURRENT VS TTM AVG
-17.24%
CURRENT VS 3Y AVG
-48.76%
CURRENT VS 5Y AVG
-38.70%
CURRENT VS 10Y AVG
-50.05%
CURRENT VS 15Y AVG
-50.00%
CURRENT VS 20Y AVG
-51.39%
MGM Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MGM Resorts International (MGM) | $12.04B | 9.79% | 11.83% | 19.11% | 15.97% |
| NIO Inc. (NIO)vs › | $12.00B | -4.91% | -13.05% | -18.44% | -16.16% |
| Hasbro, Inc. (HAS)vs › | $11.73B | 4.95% | 13.12% | 7.46% | 12.89% |
| Lululemon Athletica Inc. (LULU)vs › | $12.37B | 24.64% | 26.59% | 26.69% | 26.10% |
| DraftKings Inc. (DKNG)vs › | $12.48B | 5.01% | -0.85% | -18.61% | -51.11% |
| Wayfair Inc. (W)vs › | $11.20B | 0.66% | 0.05% | -2.48% | -0.63% |
| Aptiv PLC (APTV)vs › | $13.00B | 10.95% | 14.23% | 13.09% | 14.36% |
| Wynn Resorts, Limited (WYNN)vs › | $10.81B | 24.66% | 26.30% | 24.03% | 13.57% |
| Deckers Outdoor Corporation (DECK)vs › | $14.39B | 25.79% | 26.09% | 24.04% | 22.84% |
| GameStop Corp. (GME)vs › | $9.46B | 11.12% | 5.85% | 2.01% | -0.02% |
Margin Comparison
Gross Margin
44.2%
EBITDA Margin
9.8%
Operating Margin
5.2%
Net Margin
1.0%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
MGM Resorts International EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MGM Resorts International EBITDA Margin FAQ
- What is the EBITDA margin for MGM Resorts International (MGM)?
- The EBITDA margin for MGM stock is 9.79%.
- Is MGM Resorts International's EBITDA margin high or low?
- MGM Resorts International's EBITDA margin of 9.79% is 39% below its 5-year average of 15.97%, around the middle of its 5-year range (-15.86%–37.94%).
- What is the TTM average EBITDA margin for MGM Resorts International (MGM)?
- The TTM average EBITDA margin for MGM stock is 11.83%.
- What is the 3Y average EBITDA margin for MGM Resorts International (MGM)?
- The 3Y average EBITDA margin for MGM stock is 19.11%.
- What is the 5Y average EBITDA margin for MGM Resorts International (MGM)?
- The 5Y average EBITDA margin for MGM stock is 15.97%.
- What is the 10Y average EBITDA margin for MGM Resorts International (MGM)?
- The 10Y average EBITDA margin for MGM stock is 19.60%.
- What is the 15Y average EBITDA margin for MGM Resorts International (MGM)?
- The 15Y average EBITDA margin for MGM stock is 19.58%.
- What is the 20Y average EBITDA margin for MGM Resorts International (MGM)?
- The 20Y average EBITDA margin for MGM stock is 20.14%.
MGM Resorts International EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 9.79% |
| 2024-12-31 | 13.87% |
| 2023-12-31 | 14.83% |
| 2022-12-31 | 37.94% |
| 2021-12-31 | 35.25% |
| 2020-12-31 | -15.86% |
| 2019-12-31 | 38.76% |
| 2018-12-31 | 21.33% |
| 2017-12-31 | 23.80% |
| 2016-12-31 | 29.65% |
| 2015-12-31 | 6.22% |
| 2014-12-31 | 20.99% |
| 2013-12-31 | 20.82% |
| 2012-12-31 | 3.38% |
| 2011-12-31 | 60.33% |
| 2010-12-31 | -7.79% |
| 2009-12-31 | -9.16% |
| 2008-12-31 | 9.97% |
| 2007-12-31 | 46.40% |
| 2006-12-31 | 33.59% |
| 2005-12-31 | 28.85% |
| 2004-12-31 | 30.86% |
| 2003-12-31 | 29.55% |
| 2002-12-31 | 28.69% |
| 2001-12-31 | 26.29% |
| 2000-12-31 | 24.52% |
| 1999-12-31 | 24.32% |
| 1998-12-31 | 27.10% |
| 1997-12-31 | 30.98% |
| 1996-12-31 | 24.09% |
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