Melco Resorts & Entertainment Limited (MLCO)
NASDAQ: MLCO · Real-Time Price · USD
5.44
-0.03 (-0.55%)
At close: Aug 18, 2026, 4:00 PM EDT
5.47
+0.03 (0.55%)
After-hours: Aug 18, 2026, 5:55 PM EDT

MLCO Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,2225,1634,6383,7751,3502,012
Revenue Growth
5.99%11.32%22.86%179.65%-32.92%16.46%
Gross Profit
1,9941,9591,6661,392250.13493.65
Operating Income
699.73662.5487.94272.57-739.51-573.81
Net Income
234.81185.0543.54-326.92-930.53-811.75
Earnings Per Share
0.600.460.10-0.75-2.01-1.70
EPS Growth
337.95%358.49%----

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
City of Dreams
2,7372,2821,930559.681,147
Studio City
1,4781,390958.35175.98372.28
Altira Macau
107.02125.1110.8332.6256.21
Mocha and Other
107.05122.6117.776.484.95
City of Dreams Manila
411.1472.34495.1396.39268.6
City of Dreams Mediterranean and Other
300.17234.58159.3691.2652.63
Other Operations
12.51----
Corporate and Other
10.311.013.43-30.77
Total
5,1634,6383,7751,3322,012

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
912.891,0231,1471,3111,8131,653
Total Debt
7,3107,0327,4567,7698,7147,036
Net Cash (Debt)
-6,397-6,008-6,309-6,458-6,902-5,383
Net Cash Growth
------
Net Cash Per Share
-16.28-15.00-14.57-14.74-14.88-11.26

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-818.12626.66622.69-619.43-268.77
Capital Expenditures
--323.1-261.94-257.02-609.61-671.82
Free Cash Flow
-495.02364.72365.67-1,229-940.59
Free Cash Flow Growth
-35.73%-0.26%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.19%37.94%35.93%36.86%18.53%24.53%
Operating Margin
13.40%12.83%10.52%7.22%-54.78%-28.51%
Pretax Margin
3.66%2.87%-0.14%-10.65%-80.89%-47.39%
Profit Margin
4.50%3.58%0.94%-8.66%-68.93%-40.34%
FCF Margin
-9.59%7.86%9.69%-91.04%-46.74%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.1015.9855.81---
Forward PE
9.729.9018.1214.4518.1518.15
P/FCF Ratio
4.175.976.6610.60--
PS Ratio
0.400.570.521.033.792.41