MGM Resorts International Statistics
Total Valuation
MGM has a market cap or net worth of $10.02 billion. The enterprise value is $39.49 billion.
| Market Cap | 10.02B |
| Enterprise Value | 39.49B |
Important Dates
The next estimated earnings date is Tuesday, February 11, 2025, after market close.
| Earnings Date | Feb 11, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MGM has 297.74 million shares outstanding. The number of shares has decreased by -13.48% in one year.
| Current Share Class | 297.74M |
| Shares Outstanding | 297.74M |
| Shares Change (YoY) | -13.48% |
| Shares Change (QoQ) | -3.48% |
| Owned by Insiders (%) | 0.99% |
| Owned by Institutions (%) | 68.83% |
| Float | 229.88M |
Valuation Ratios
The trailing PE ratio is 11.95 and the forward PE ratio is 14.79.
| PE Ratio | 11.95 |
| Forward PE | 14.79 |
| PS Ratio | 0.62 |
| Forward PS | 0.59 |
| PB Ratio | 3.09 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 7.53 |
| P/OCF Ratio | 4.16 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.44, with an EV/FCF ratio of 29.66.
| EV / Earnings | 43.72 |
| EV / Sales | 2.29 |
| EV / EBITDA | 15.44 |
| EV / EBIT | 22.83 |
| EV / FCF | 29.66 |
Financial Position
The company has a current ratio of 1.24, with a Debt / Equity ratio of 8.41.
| Current Ratio | 1.24 |
| Quick Ratio | 1.06 |
| Debt / Equity | 8.41 |
| Debt / EBITDA | 6.67 |
| Debt / FCF | 24.35 |
| Interest Coverage | 3.92 |
Financial Efficiency
Return on equity (ROE) is 29.01% and return on invested capital (ROIC) is 2.98%.
| Return on Equity (ROE) | 29.01% |
| Return on Assets (ROA) | 2.53% |
| Return on Capital (ROIC) | 2.98% |
| Revenue Per Employee | $226,601 |
| Profits Per Employee | $11,886 |
| Employee Count | 76,000 |
| Asset Turnover | 0.40 |
| Inventory Turnover | 66.45 |
Taxes
In the past 12 months, MGM has paid $25.17 million in taxes.
| Income Tax | 25.17M |
| Effective Tax Rate | 2.04% |
Stock Price Statistics
The stock price has decreased by -24.66% in the last 52 weeks. The beta is 2.21, so MGM's price volatility has been higher than the market average.
| Beta (5Y) | 2.21 |
| 52-Week Price Change | -24.66% |
| 50-Day Moving Average | 37.05 |
| 200-Day Moving Average | 39.90 |
| Relative Strength Index (RSI) | 33.56 |
| Average Volume (20 Days) | 3,924,566 |
Short Selling Information
The latest short interest is 16.77 million, so 5.63% of the outstanding shares have been sold short.
| Short Interest | 16.77M |
| Short Previous Month | 13.76M |
| Short % of Shares Out | 5.63% |
| Short % of Float | 7.29% |
| Short Ratio (days to cover) | 4.84 |
Income Statement
In the last 12 months, MGM had revenue of $17.22 billion and earned $903.35 million in profits. Earnings per share was $2.82.
| Revenue | 17.22B |
| Gross Profit | 7.90B |
| Operating Income | 1.73B |
| Pretax Income | 864.16M |
| Net Income | 903.35M |
| EBITDA | 2.56B |
| EBIT | 1.73B |
| Earnings Per Share (EPS) | $2.82 |
Balance Sheet
The company has $2.95 billion in cash and $32.42 billion in debt, giving a net cash position of -$29.47 billion or -$98.98 per share.
| Cash & Cash Equivalents | 2.95B |
| Total Debt | 32.42B |
| Net Cash | -29.47B |
| Net Cash Per Share | -$98.98 |
| Equity (Book Value) | 3.85B |
| Book Value Per Share | 10.89 |
| Working Capital | 945.70M |
Cash Flow
In the last 12 months, operating cash flow was $2.41 billion and capital expenditures -$1.08 billion, giving a free cash flow of $1.33 billion.
| Operating Cash Flow | 2.41B |
| Capital Expenditures | -1.08B |
| Free Cash Flow | 1.33B |
| FCF Per Share | $4.47 |
Margins
Gross margin is 45.84%, with operating and profit margins of 10.04% and 5.24%.
| Gross Margin | 45.84% |
| Operating Margin | 10.04% |
| Pretax Margin | 7.15% |
| Profit Margin | 5.24% |
| EBITDA Margin | 14.85% |
| EBIT Margin | 10.04% |
| FCF Margin | 7.73% |
Dividends & Yields
MGM does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 13.48% |
| Shareholder Yield | 13.48% |
| Earnings Yield | 9.01% |
| FCF Yield | 13.29% |
Analyst Forecast
The average price target for MGM is $53.08, which is 57.70% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $53.08 |
| Price Target Difference | 57.70% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 3.61% |
| EPS Growth Forecast (5Y) | 7.26% |
Stock Splits
The last stock split was on May 19, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | May 19, 2005 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MGM has an Altman Z-Score of 0.87 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.87 |
| Piotroski F-Score | 6 |