Forward PE Ratio: 26.65
The forward PE ratio is 26.65 as of Thursday, July 9, 2026.
Forward PE Ratio (26.65) = Close Price ($46.44) / Consensus Forward EPS ($1.75)
MGM Forward PE Ratio Metrics
FORWARD PE RATIO
26.65
MGM Competitors' Forward PE Ratio
MGM Resorts International
Market Cap
$11.88B
Forward PE Ratio
26.65
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MGM Resorts International (MGM) | $11.88B | 26.65 |
| Wayfair Inc. (W)vs › | $11.92B | 31.69 |
| Avery Dennison Corporation (AVY)vs › | $12.17B | 15.75 |
| NIO Inc. (NIO)vs › | $11.27B | N/A |
| Aptiv PLC (APTV)vs › | $12.67B | 9.68 |
| Hasbro, Inc. (HAS)vs › | $10.95B | 12.77 |
| DraftKings Inc. (DKNG)vs › | $13.04B | 117.22 |
| Lululemon Athletica Inc. (LULU)vs › | $13.23B | 8.71 |
| Wynn Resorts, Limited (WYNN)vs › | $10.26B | 21.06 |
| Domino's Pizza, Inc. (DPZ)vs › | $10.01B | 15.79 |
Trailing vs Forward
Trailing P/E
64.7
reported TTM EPS
Forward P/E
26.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.75 implies +143.1% EPS growth vs the reported trailing $0.72.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $46.44 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.75 | $1.28 – $2.56 | 10 | 26.6x |
| 2027-12-31 | $2.18 | $1.53 – $2.79 | 10 | 21.3x |
| 2028-12-31 | $2.75 | $2.30 – $3.53 | 3 | 16.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for MGM Resorts International (MGM)?
- The forward PE ratio for MGM stock is 26.65.
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