MGM Resorts International (MGM) Interest Expense
The interest expense for MGM Resorts International (MGM) is $419.04 Million with a year-over-year change of -5.46%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
MGM Interest Expense Chart
Current Interest Expense
$419.04M
$419.04 Million
Year-over-Year Change
-5.46%
vs. $443.23M prior year
Historical Data
30
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $419.04M | $-24.19M | -5.46% |
| 2024 | $443.23M | $-17.06M | -3.71% |
| 2023 | $460.29M | $-134.66M | -22.63% |
| 2022 | $594.95M | $-204.64M | -25.59% |
| 2021 | $799.59M | +$123.21M | +18.22% |
| 2020 | $676.38M | $-171.55M | -20.23% |
| 2019 | $847.93M | +$78.42M | +10.19% |
| 2018 | $769.51M | +$100.77M | +15.07% |
| 2017 | $668.75M | $-26.03M | -3.75% |
| 2016 | $694.77M | $-102.81M | -12.89% |
| 2015 | $797.58M | $-19.48M | -2.38% |
| 2014 | $817.06M | $-40.29M | -4.70% |
| 2013 | $857.35M | $-259.01M | -23.20% |
| 2012 | $1.12B | +$29.53M | +2.72% |
| 2011 | $1.09B | $-26.75M | -2.40% |
| 2010 | $1.11B | +$338.15M | +43.61% |
| 2009 | $775.43M | +$166.15M | +27.27% |
| 2008 | $609.29M | +$609.29M | — |
| 2007 | $0 | +$0 | — |
| 2006 | $0 | +$0 | — |
| 2005 | $0 | +$0 | — |
| 2004 | $0 | +$0 | — |
| 2003 | $0 | +$0 | — |
| 2002 | $0 | +$0 | — |
| 2001 | $0 | +$0 | — |
| 2000 | $0 | +$0 | — |
| 1999 | $0 | +$0 | — |
| 1998 | $0 | +$0 | — |
| 1997 | $0 | +$0 | — |
| 1996 | $0 | — | — |
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