MGM Resorts International (MGM)

MGM Balance Sheet

Assets, liabilities, and equity analysis

MGM Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	4.529B	4.529B	4.332B	3.932B	3.858B	4.139B	4.364B	4.832B	4.409B
Cash & Cash Equivalents	2.293B	2.293B	2.063B	2.134B	1.958B	2.271B	2.416B	2.951B	2.414B
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.293B	2.293B	2.063B	2.134B	1.958B	2.271B	2.416B	2.951B	2.414B
Accounts Receivable	1.228B	1.228B	1.343B	1.097B	1.271B	1.180B	1.329B	1.177B	1.224B
Inventory	123.158M	123.158M	124.535M	127.104M	126.704M	135.016M	140.559M	144.843M	147.863M
Total Assets	41.402B	41.402B	41.374B	41.411B	41.699B	41.903B	42.232B	42.741B	41.815B
Property, Plant & Equipment	29.079B	29.079B	29.308B	29.409B	29.502B	29.598B	29.728B	29.609B	29.501B
Goodwill	4.885B	4.885B	4.902B	4.943B	5.189B	5.162B	5.145B	5.176B	5.153B
Intangible Assets	1.309B	1.309B	1.357B	1.616B	1.703B	1.701B	1.715B	1.777B	1.658B
Long-Term Investments	660.360M	660.360M	536.066M	1.042B	999.187M	393.795M	380.626M	414.161M	237.821M
Total Current Liabilities	3.394B	3.394B	3.512B	3.184B	3.167B	3.169B	3.352B	3.887B	3.000B
Accounts Payable	404.489M	404.489M	421.502M	421.119M	383.466M	380.842M	412.662M	391.836M	401.924M
Short-Term Debt	0.00	0.00	0.00	173.221M	165.504M	0.00	0.00	675.000M	0.00
Total Liabilities	38.070B	38.070B	38.097B	37.959B	37.957B	38.282B	38.512B	38.886B	37.969B
Long-Term Debt	6.403B	6.403B	31.193B	6.164B	6.205B	6.415B	6.362B	6.234B	6.293B
Total Debt	31.336B	31.336B	56.156B	31.521B	31.591B	31.472B	31.610B	32.001B	31.404B
Net Debt (Cash)	29.044B	29.044B	54.093B	29.387B	29.633B	29.201B	29.195B	29.051B	28.989B
Total Shareholders' Equity	2.433B	2.433B	2.430B	2.676B	2.974B	2.854B	3.023B	3.232B	3.213B
Common Stock	2.558M	2.558M	2.583M	2.722M	2.722M	2.797M	2.944M	2.969M	3.050M
Retained Earnings	2.174B	2.174B	2.107B	2.324B	2.610B	2.763B	3.082B	3.037B	3.172B
Current Ratio	1.33	1.33	1.23	1.23	1.22	1.31	1.30	1.24	1.47
Debt to Equity Ratio	12.88	12.88	23.11	11.78	10.62	11.03	10.45	9.90	9.77

MGM Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	4.332B	4.364B	4.911B	8.155B	6.416B	5.951B	4.008B	2.527B
Cash & Cash Equivalents	2.063B	2.416B	2.928B	5.912B	4.703B	5.102B	2.330B	1.527B
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.063B	2.416B	2.928B	5.912B	4.703B	5.102B	2.330B	1.527B
Accounts Receivable	1.343B	1.329B	1.071B	925.165M	857.777M	559.917M	1.375B	685.637M
Inventory	124.535M	140.559M	141.678M	126.065M	96.374M	88.323M	102.888M	110.831M
Total Assets	41.374B	42.232B	42.369B	45.692B	40.899B	36.495B	33.876B	30.211B
Property, Plant & Equipment	29.308B	29.728B	29.477B	29.755B	25.928B	22.919B	22.678B	20.730B
Goodwill	4.902B	5.145B	5.166B	5.029B	3.481B	2.091B	2.085B	1.821B
Intangible Assets	1.357B	1.715B	1.725B	1.551B	3.616B	3.644B	3.827B	3.944B
Long-Term Investments	536.066M	380.626M	240.803M	173.039M	967.044M	1.447B	822.366M	732.867M
Total Current Liabilities	3.512B	3.352B	3.126B	4.516B	3.442B	1.857B	3.191B	2.949B
Accounts Payable	421.502M	412.662M	461.718M	369.817M	286.196M	142.523M	235.437M	302.578M
Short-Term Debt	0.00	172.212M	60.173M	1.286B	1.000B	138.832M	122.250M	43.411M
Total Liabilities	38.097B	38.512B	38.001B	40.324B	29.775B	25.248B	21.108B	19.639B
Long-Term Debt	31.193B	6.362B	6.344B	7.433B	11.771B	12.377B	11.169B	15.088B
Total Debt	56.156B	31.854B	31.616B	33.995B	24.693B	21.018B	15.665B	15.131B
Net Debt (Cash)	54.093B	29.438B	28.688B	28.083B	19.990B	15.916B	13.335B	13.605B
Total Shareholders' Equity	2.430B	3.023B	3.811B	4.832B	6.071B	6.505B	7.727B	6.512B
Common Stock	2.583M	2.944M	3.266M	3.791M	4.538M	4.943M	5.031M	5.275M
Retained Earnings	2.107B	3.082B	3.664B	4.794B	4.341B	3.091B	4.201B	2.423B
Current Ratio	1.23	1.30	1.57	1.81	1.86	3.21	1.26	0.86
Debt to Equity Ratio	23.11	10.54	8.30	7.04	4.07	3.23	2.03	2.32

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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

78,000 employees

www.mgmresorts.com

Consumer Cyclical / Gambling, Resorts & Casinos

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

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