MGM Resorts International (MGM) Tax Rate: -11.38%
Is MGM Resorts International’s tax rate high or low?
MGM Resorts International's tax rate of -11.38% is 161% below its 5-year average of 18.53%, near the low end of its 5-year range (-11.38%–77.13%).
240.72% below its 12-month average of -3.34%.
MGM Tax Rate Chart
MGM Average Tax Rate Chart
MGM Current vs Average Tax Rate Chart
MGM Tax Rate Metrics
TAX RATE
-11.38%
TAX RATE AVG TTM
-3.34%
TAX RATE AVG 3Y
20.29%
TAX RATE AVG 5Y
18.53%
TAX RATE AVG 10Y
2.40%
TAX RATE AVG 15Y
9.99%
TAX RATE AVG 20Y
19.44%
CURRENT VS TTM AVG
-240.72%
CURRENT VS 3Y AVG
-156.08%
CURRENT VS 5Y AVG
-161.41%
CURRENT VS 10Y AVG
-575.07%
CURRENT VS 15Y AVG
-213.94%
CURRENT VS 20Y AVG
-158.54%
MGM Resorts International Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MGM Resorts International Tax Rate FAQ
- What is the tax rate for MGM Resorts International (MGM)?
- The tax rate for MGM stock is -11.38%.
- Is MGM Resorts International's tax rate high or low?
- MGM Resorts International's tax rate of -11.38% is 161% below its 5-year average of 18.53%, near the low end of its 5-year range (-11.38%–77.13%).
- What is the TTM average tax rate for MGM Resorts International (MGM)?
- The TTM average tax rate for MGM stock is -3.34%.
- What is the 3Y average tax rate for MGM Resorts International (MGM)?
- The 3Y average tax rate for MGM stock is 20.29%.
- What is the 5Y average tax rate for MGM Resorts International (MGM)?
- The 5Y average tax rate for MGM stock is 18.53%.
- What is the 10Y average tax rate for MGM Resorts International (MGM)?
- The 10Y average tax rate for MGM stock is 2.40%.
- What is the 15Y average tax rate for MGM Resorts International (MGM)?
- The 15Y average tax rate for MGM stock is 9.99%.
- What is the 20Y average tax rate for MGM Resorts International (MGM)?
- The 20Y average tax rate for MGM stock is 19.44%.
MGM Resorts International Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | -11.38% |
| 2024-12-31 | 4.70% |
| 2023-12-31 | 10.72% |
| 2022-12-31 | 77.13% |
| 2021-12-31 | 17.34% |
| 2020-12-31 | 12.67% |
| 2019-12-31 | 22.21% |
| 2018-12-31 | 7.90% |
| 2017-12-31 | -117.34% |
| 2016-12-31 | 1.77% |
| 2015-12-31 | 0.63% |
| 2014-12-31 | 69.05% |
| 2013-12-31 | 35.62% |
| 2012-12-31 | 6.76% |
| 2011-12-31 | -14.24% |
| 2010-12-31 | 35.14% |
| 2009-12-31 | 35.82% |
| 2008-12-31 | -27.85% |
| 2007-12-31 | 35.11% |
| 2006-12-31 | 34.96% |
| 2005-12-31 | 34.71% |
| 2004-12-31 | 37.06% |
| 2003-12-31 | 32.96% |
| 2002-12-31 | 37.22% |
| 2001-12-31 | 38.54% |
| 2000-12-31 | 39.59% |
| 1999-12-31 | 36.64% |
| 1998-12-31 | 37.08% |
| 1997-12-31 | 36.05% |
| 1996-12-31 | 24.82% |
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