MGM Resorts International Website

MGM Resorts International

NYSE-MGM

Company Overview

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

  • Name

    MGM Resorts International

  • CEO

    Mr. William Joseph Hornbuckle IV

  • Website

    www.mgmresorts.com

  • Sector

    Hotels, Restaurants and Leisure

  • Year Founded

    1986

Profile

  • Market Cap

    $10.63B

  • EV

    $40.6B

  • Shares Out

    303.77M

  • Revenue

    $17.01B

  • Employees

    67,000

Margins

  • Gross

    46.45%

  • EBITDA

    15.01%

  • Operating

    10.33%

  • Pre-Tax

    6.81%

  • Net

    5.17%

  • FCF

    8.73%

Returns (5Yr Avg)

  • ROA

    2.52%

  • ROTA

    19.6%

  • ROE

    12.44%

  • ROCE

    0.04%

  • ROIC

    -0.03%

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    $54.27

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    $2,414.2M

  • Net Debt

    $29.33B

  • Debt/Equity

    8.25

  • EBIT/Interest

    3.99

Growth (CAGR)

  • Rev 3Yr

    39.46%

  • Rev 5Yr

    7.16%

  • Rev 10Yr

    5.65%

  • Dil EPS 3Yr

    1.09%

  • Dil EPS 5Yr

    51.06%

  • Dil EPS 10Yr

    25.54%

  • Rev Fwd 2Yr

    4.21%

  • EBITDA Fwd 2Yr

    4.48%

  • EPS Fwd 2Yr

    7.87%

  • EPS LT Growth Est

    -2.73%

Dividends

  • Yield

    —

  • Payout

    —

  • DPS

    —

  • DPS Growth 3Yr

    —

  • DPS Growth 5Yr

    —

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    0.85%

NYSE:MGM