Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.84 as of Saturday, August 8, 2026.
Forward PE Ratio (23.84) = Close Price ($44.47) / Consensus Forward EPS ($1.87)
FORWARD PE RATIO
23.84
SECTOR MEDIAN · CONSUMER CYCLICAL
21.24
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+12.24%
vs the sector median at left
MGM Resorts International
Market Cap
$11.19B
Forward PE Ratio
23.84
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MGM Resorts International (MGM) | $11.19B | 23.84 |
| Domino's Pizza, Inc. (DPZ)vs › | $11.61B | 18.51 |
| Wynn Resorts, Limited (WYNN)vs › | $10.64B | 22.21 |
| NIO Inc. (NIO)vs › | $11.76B | N/A |
| Aptiv PLC (APTV)vs › | $10.49B | N/A |
| DraftKings Inc. (DKNG)vs › | $11.92B | 120.88 |
| Chewy, Inc. (CHWY)vs › | $9.74B | 44.77 |
| Hasbro, Inc. (HAS)vs › | $13.19B | 15.21 |
| Deckers Outdoor Corporation (DECK)vs › | $13.27B | 14.14 |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $8.84B | 12.11 |
Trailing P/E
26.9
reported TTM EPS
Forward P/E
23.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.87 implies +13.3% EPS growth vs the reported trailing $1.65.
At today's $44.47 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 | $1.87 | $1.35 – $2.84 | 9 | 23.8x |
| 2027-12-31 | $2.06 | $1.47 – $2.67 | 10 | 21.6x |
| 2028-12-31 | $2.41 | $2.13 – $3.11 | 4 | 18.5x |
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.
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
