For the year ending 2025-12-31, MGM made $17,537,683K in revenue. $205,862K in net income. Net profit margin of 1.17%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenue | 17,537,683 | 17,240,545 | 16,164,249 | 13,127,485 |
| Cost of sales-Casino | 5,340,097 | 4,958,020 | 4,316,547 | 2,746,576 |
| Cost of sales-Occupancy | 1,101,061 | 1,119,108 | 1,017,650 | 937,272 |
| Cost of sales-Food And Beverage | 2,262,434 | 2,253,031 | 2,153,795 | 1,905,625 |
| Cost of sales-Entertainment Retail And Other | 1,043,960 | 1,063,382 | 1,019,830 | 1,017,817 |
| Expenses-Reimbursed Costs | - | - | 45,740 | 45,693 |
| General and administrative | 4,877,538 | 4,825,313 | 4,700,657 | 4,226,617 |
| Corporate expense | -556,952 | -520,197 | -512,399 | -479,118 |
| Preopening and start-up expenses | -1,086 | -7,972 | -415 | -1,876 |
| Property transactions, net | 126,036 | 81,316 | -370,513 | -1,036,997 |
| Gain on reit transactions, net | - | 0 | 0 | 2,277,747 |
| Gain on consolidation of citycenter, net | - | - | 0 | 0 |
| Goodwill impairment | 278,927 | - | - | - |
| Depreciation and amortization | 1,017,794 | 831,097 | 814,128 | 3,482,050 |
| Total expenses | 16,605,885 | 15,659,436 | 14,210,648 | 11,527,900 |
| Income (loss) from unconsolidated affiliates | 69,982 | -90,653 | -62,104 | -160,213 |
| Operating income | 1,001,780 | 1,490,456 | 1,891,497 | 1,439,372 |
| Interest expense, net of amounts capitalized | 419,042 | 443,230 | 460,293 | 594,954 |
| Non-operating items from unconsolidated affiliates | -1,135 | 734 | 1,032 | 23,457 |
| Other, net | -303,094 | 70,573 | 42,591 | 82,838 |
| Total non-operating income (expense) | -721,001 | -373,391 | -418,734 | -535,573 |
| Income before income taxes | 280,779 | 1,117,065 | 1,472,763 | 903,799 |
| Benefit (provision) for income taxes | -240,093 | 52,457 | 157,839 | 697,068 |
| Net income | 520,872 | 1,064,608 | 1,314,924 | 206,731 |
| Less net income attributable to noncontrolling interests | 315,010 | 318,050 | 172,744 | -1,266,362 |
| Net income attributable to mgm resorts international | 205,862 | 746,558 | 1,142,180 | 1,473,093 |
| Basic (in dollars per share) | 0.77 | 2.42 | 3.22 | 3.52 |
| Basic (in shares) | 275,046,000 | 307,408,000 | 354,926,000 | 409,201,000 |
| Diluted (in dollars per share) | 0.76 | 2.4 | 3.19 | 3.49 |
| Diluted (in shares) | 277,275,000 | 310,232,000 | 358,627,000 | 412,993,000 |
MGM Resorts International (MGM)
MGM Resorts International (MGM)