MGM Resorts International Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	520.87	1,065	1,315	206.73	1,208
Depreciation & Amortization	1,554	1,374	1,358	3,952	1,380
Stock-Based Compensation	90.47	80.22	73.61	71.3	65.18
Other Adjustments	452.02	183.57	-228.92	-2,640	-1,522
Change in Receivables	-90.12	-157.66	-132.29	-211.69	-236.18
Changes in Inventories	15.68	1.28	-15.52	-26.63	3.11
Changes in Accounts Payable	-82.37	-107.4	410.13	183.84	442.63
Changes in Income Taxes Payable	47.65	-132.84	-58.49	197.1	-30.44
Changes in Other Operating Activities	21.61	56.99	-30.75	23.01	62.76
Operating Cash Flow	2,529	2,362	2,691	1,756	1,373
Operating Cash Flow Growth	7.06%	-12.20%	53.19%	27.89%	-
Capital Expenditures	-1,069	-1,151	-931.81	-765.07	-490.7
Sale of Property, Plant & Equipment	7.11	13.18	5.43	4,486	3,995
Purchases of Investments	-237.76	-182.08	-161.04	-254.79	-226.89
Payments for Business Acquisitions	-	-113.88	-122.06	-1,889	-1,790
Proceeds from Business Divestments	-	-	460.39	1,054	-
Other Investing Activities	158.78	150.21	34.91	-513	55.8
Investing Cash Flow	-1,141	-1,283	-714.18	2,118	1,544
Long-Term Debt Issued	353.78	2,100	-	-	749.78
Long-Term Debt Repaid	-500	-2,175	-1,286	-1,070	-
Net Long-Term Debt Issued (Repaid)	-146.22	-75	-1,286	-1,070	749.78
Repurchase of Common Stock	-1,228	-1,358	-2,292	-2,775	-1,754
Net Common Stock Issued (Repurchased)	-1,228	-1,358	-2,292	-2,775	-1,754
Common Dividends Paid	-	-	-	-4.05	-4.79
Other Financing Activities	-356.6	-131.39	-1,427	825.3	-1,806
Financing Cash Flow	-1,731	-1,564	-5,005	-3,024	-2,814
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.41	-26.88	-19.4	8.93	-1.55
Net Cash Flow	-14.61	-511.83	25.94	-25.94	101.42
Free Cash Flow	1,460	1,212	1,759	991.4	882.73
Free Cash Flow Growth	20.51%	-31.10%	77.42%	12.31%	-
FCF Margin	8.33%	7.03%	10.88%	7.55%	9.12%
Free Cash Flow Per Share	5.27	3.91	4.90	2.40	1.81
Levered Free Cash Flow	546.84	712.73	588.22	3,967	3,371
Unlevered Free Cash Flow	632.36	1,602	2,826	6,114	4,041

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.