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Buy Day today: Good (62) Broad market participation · no major macro event
MGM

MGM Resorts International

Consumer Cyclical · Resorts & Casinos · listed since 1990

38.30$ -0.2% vs. previous close Closing price · As of: Sep 17, 2026
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Assessment

Our Rating

A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.

Open questions

The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.

Why this colour

Buying today is less a bet on Bellagio or Aria than on an arithmetic: that the resorts' segment profit grows faster than the contractually rising rent — and that Macau and the online business keep covering the softness on the Strip while roughly $2.1 billion flows to Osaka. Whoever waits watches three lines in every filing: how Las Vegas Strip segment profit develops (last down 8 percent to $2,857.9 million); how much survives the rent at the Consolidated Adjusted EBITDA line (last $2,425.6 million); and how quickly the buyback is turned back up (last $90 million a quarter after $494 million). Since June 1, 2026 a fourth line has been added that has nothing to do with operations: the largest shareholder's non-binding cash proposal of $48.30 per share, to which the MGM board had filed no response as of July 24, 2026. It may lead to an agreement, it may get richer, it may vanish — which is exactly why it does not improve the picture, it adds uncertainty. The lease structure remains the dominant risk, the pending proposal comes on top. The decision is yours.

What the thesis turns on

Assessment: Opportunities & Risks

MGM Resorts is the largest operator on the Las Vegas Strip — and, since selling the real estate, a tenant in its own buildings. The operating business delivers: $17,537.7 million of revenue in 2025, $5,224.3 million of segment profit from the three property segments, $2,529 million of operating cash flow. But $1.8 billion of cash rent a year with escalators, a $25.1 billion lease liability and roughly $6.0 billion of guarantees for the landlords' debt claim a large part of it; the bottom line was $205.9 million after $1,142.2 million in 2023. Meanwhile equity has shrunk to $2,429.9 million after $9.4 billion of buybacks — and that same buyback lifted the largest shareholder to 26.1 percent, who on June 1, 2026 put a non-binding cash proposal of $48.30 per share on the table for the rest. No response from the MGM board was on file as of July 24, 2026. Not investment advice.

Market position & portfolio

With Bellagio, Aria, Mandalay Bay, MGM Grand and The Cosmopolitan, MGM runs addresses that cannot be rebuilt, plus seven regional properties, two resorts in Macau and a growing online business. Net revenues hit a record $17,537.7 million in 2025 and Consolidated Adjusted EBITDA of $2,425.6 million came in slightly above the prior year.

Lease structure

The real estate of the domestic properties no longer belongs to the company. The 10-K for 2025 puts contractual cash rent at $1.8 billion a year with annual escalators; the income statement carries $2.3 billion of rent expense, the balance sheet a $25,068.7 million lease liability and $54.7 billion of undiscounted future lease payments. Interest expense next to that is only $419.0 million.

Earnings trend

Despite record revenue, operating income fell 33 percent to $1,001.8 million in 2025 and net income attributable to MGM to $205.9 million (2023: $1,142.2 million). Earnings per share dropped from $3.19 to $0.76 even though the share count was cut by 43 percent. The trend continued in the first quarter of 2026: operating income down 22 percent.

Use of capital

From 2021 through 2025, $9.4 billion went into share repurchases (share count 453.8 → 258.3 million) while equity fell from $6,070.6 million to $2,429.9 million. In the first quarter of 2026 the buyback was throttled to $90 million (prior-year quarter $494 million) even though $1.5 billion of authorization was free — the cash is needed for Osaka and capital expenditures. A side effect of the program: the largest shareholder's stake rose from 12.0 to 26.1 percent on the shrinking denominator alone.

Takeover proposal (pending)

On June 1, 2026 People Incorporated (IAC Inc. until June 2026), the largest shareholder with 66,822,350 shares or 26.1 percent, offered $48.30 per share in cash for all remaining shares — a 24.1 percent premium to the 30-day average price through May 29, 2026, with no financing condition and funded partly out of MGM's own cash. The proposal is expressly non-binding and revocable at any time; as of July 24, 2026 the MGM board had filed no response with the SEC. It follows the voting agreement of April 3, 2026, which binds votes above 25.73 percent and terminates on a change of control. A non-binding proposal is not a completed deal: the outcome is open.

Off-balance-sheet obligations

MGM guarantees $3.01 billion and $3.0 billion of debt owed by its own landlords (Bellagio REIT Venture and the landlord of Mandalay Bay/MGM Grand Las Vegas) and still has roughly $2.1 billion to fund for MGM Osaka — plus an uncapped completion guarantee. For comparison: equity was $2,433.4 million on March 31, 2026.

Regional balance

The decline on the Las Vegas Strip (revenue −4 percent, revenue per available room $229 instead of $245, city visitor volume −8 percent) was offset in 2025 by Macau (+11 percent revenue). But 44 percent of MGM China belongs to others: of $520.9 million in consolidated net income, $315.0 million went to noncontrolling interests and only $205.9 million to MGM shareholders.

Worth Noting

MGM Resorts came onto the research list not through a momentum or value scanner but through the Form 13F of Helikon Investments Ltd as of March 31, 2026 (2,875,004 shares, $106,403,898). The fund had previously cut the position from 8,810,322 shares (June 30, 2025) to 2,988,773 (December 31, 2025). A 13F shows only U.S.-listed long positions, appears 35 to 45 days late and contains no shorts and no derivatives — a rearview mirror, not a roadmap.

Standard metrics mislead at MGM: 2025 earnings per share ($0.76) are distorted by the $278.9 million goodwill impairment, and any leverage ratio that counts only $6.2 billion of financial debt misses the $25.1 billion lease liability. Segment Adjusted EBITDAR and rent expense are the more telling figures.

Valuation figures dated and evergreen: the cover page of the annual report puts the aggregate market value of shares held by non-affiliates at $5.8 billion as of June 30, 2025; analyses are evergreen, daily prices are not a buy argument. Diary dates: the next Form 13F (reporting date June 30, 2026, published mid-August 2026) and the Osaka funding schedule through 2028.

Status of the takeover proposal as of the editorial cut-off on July 24, 2026, documented from the primary filings: proposal of June 1, 2026 at $48.30 per share in cash (8-K of IAC Inc./People Incorporated, accession 0001104659-26-068672, Item 7.01, Exhibit 99.1, plus Schedule 13D/A Amendment No. 8 of the same day); it follows the voting agreement of April 3, 2026 (MGM 8-K, accession 0000789570-26-000029, Item 1.01, Exhibit 10.1). MGM Resorts has filed nothing with the SEC in response — the company's most recent filings are four Forms 4 dated July 2, 2026 covering director deferred stock units. In Amendment No. 8 the bidder states it does not intend further disclosures unless a definitive agreement has been reached. Diary date: a new Schedule 13D/A on CUSIP 552953101 or an 8-K from MGM.

Read the Full Deep Dive MGM Resorts: The House Always Wins — But MGM No Longer Owns the House Bellagio, Aria, Mandalay Bay, MGM Grand: MGM Resorts runs the most famous addresses on the Las Vegas Strip — it does not own them. It sold the real estate and rents it back. The filings to the U.S. securities regulator, the SEC, show what that costs: the resorts produced $5.2 billion of segment earnings in 2025, $1.8 billion went out as cash rent to the landlords, and on $17.5 billion of revenue only $206 million of net income was left — down from $1,142 million in 2023. Over five years MGM spent $9.4 billion buying back its own stock while equity melted from $6.07 billion to $2.43 billion. And since June 1, 2026 a non-binding cash proposal of $48.30 per share is on the table: the largest shareholder, publisher People Incorporated with 26.1 percent, wants to buy every share it does not already own — with no response from the MGM board on file as of the editorial cut-off. Not investment advice — just the question of who owns the house the game is played in. Read the analysis →

Stock Watch

This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at MGM since then.

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Price history

Chart

Interactive price chart (TradingView).

52-week range: 30.70 $ to 50.70 $ · Last price: 38.30 $ (As of: September 17, 2026)

Key figures

Key figures at a glance

Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.

Basics

Market Cap ?The value of the entire company on the market: share price times total shares outstanding. 9.7$B
Shares Outstanding ?Total number of shares issued. Price times share count gives market cap. 256m
Float ?Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders. 70.9%
Beta ?Volatility versus the overall market: 1 = moves like the market, 2 = twice as much, under 1 = calmer than the market. 1.3

Performance

Perf. 1M ?Price performance over the last month. 15.70%
Perf. 3M ?Price performance over the last 3 months. 36.80%
Perf. 6M ?Price performance over the last 6 months. 34.00%
YTD Performance (%) ?Price performance since the start of the year (Year to Date). 28.60%
52-Week-High Distance ?How far the price sits below its highest point over the last 52 weeks. 0% means the stock is at its year high. -8.5%
Perf. 1Y ?Price performance over the last 12 months. 8.56%
Perf. 3Y ?Price performance over the last 3 years. -6.74%
Perf. 5Y ?Price performance over the last 5 years. -7.74%
Perf. 10Y ?Price performance over the last 10 years. 59.41%
Perf. Since Inception ?Price performance since the first available trading day (05/02/1988) — with a complete history, that is since the IPO. 1,318.57%

Technical Indicators

MA 38 Days ?Moving average of the last 38 trading days: the smoothed price path. A price above it signals short-term strength. 42.90$
MA 50 Days ?Moving average of the last 50 trading days — the most widely watched medium-term trend line. 43.70$
MA 200 Days ?Moving average of the last 200 trading days — the dividing line between a long-term uptrend and downtrend. 39.90$
RSI (14) ?Relative Strength Index over 14 days, scale 0 to 100: above 70 counts as overbought, below 30 as oversold. A hint on timing, not a verdict on the company. 19.5
Volatility 30 Days ?Price swings over the last 30 trading days, annualized. The higher the value, the more the price fluctuates. 17.1%
Volatility 250 Days ?Price swings over the last 250 trading days (roughly one market year), annualized. 37.3%

Calculated from the price history · as of 09/18/2026

Valuation

P/E ?Price-to-earnings ratio: how many years of profit does the stock cost? The lower, the cheaper the valuation. No earnings means no P/E. 55.3
Forward P/E ?P/E based on expected earnings for the next 12 months instead of past earnings — analysts' bet on the future. 17.8
PEG ?P/E divided by expected earnings growth: puts valuation in relation to growth. Around 1 is considered fair, well above that is pricey. 0.5
P/B ?Price-to-book ratio: market value relative to book equity. 4.2
P/S ?Price-to-sales ratio: market value divided by annual sales. Important for companies that aren't (yet) profitable. 0.5
EV/EBITDA ?Enterprise value including debt (EV) relative to operating profit before depreciation and amortization (EBITDA) — more comparable than P/E because debt counts too. Extreme values arise when EBITDA is near zero. 18.8
Price/FCF ?Market value divided by free cash flow: how many years of freely available cash does the stock cost? More honest than P/E because cash flow is harder to dress up. 5.8

Profitability

Gross Margin ?Gross margin: what's left of sales after only direct production costs are deducted — the product's pricing power. 44.2%
EBIT Margin ?EBIT margin: operating profit as a percentage of sales — the earning power of the core business before interest and taxes. 6.9%
Net Margin ?Net margin: what's left of sales as profit after ALL costs, interest, and taxes. 2.4%
Return on Equity ?Return on equity: how much profit does the company generate per year on shareholders' equity? 13.5%
Return on Assets ?Return on assets: how much profit the company generates from its total assets (equity and debt combined). 1.8%

Balance Sheet & Safety

Equity Ratio ?Equity ratio: equity as a share of total assets. The higher, the more resilient the balance sheet. very low 5.9%
Debt/Equity ?Leverage ratio: financial debt divided by equity. Under 1 is generally seen as solid; negative values mean negative equity. negative equity -12.8
Altman Z″ ?Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks. 3.77
Piotroski ?Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag. 6 out of 9

Growth

Sales Growth Last Quarter ?Sales growth in the most recently reported quarter versus the same quarter a year ago (YoY). 4.20%
EPS Growth Last Quarter ?Growth in earnings per share in the most recently reported quarter versus the same quarter a year ago (YoY). -5.90%
Sales Growth (Year) ?Sales growth in the last fiscal year versus the year before. 1.72%
Forward Sales Growth ?Sales growth analysts expect over the next 12 months — an estimate, not a guarantee. 1.52%
Forward EPS Growth ?Earnings-per-share growth analysts expect over the next 12 months — an estimate, not a guarantee. 18.70%

Dividend

This stock currently pays no dividend.

Quality & Screener

Stage ?Weinstein phases 1 through 4: 1 = basing, 2 = uptrend (the only buy phase), 3 = topping, 4 = downtrend. Measured against the 30-week line. 2
RS Rating ?Relative strength from 1 to 99: an RS of 95 means the stock has outperformed 95% of all stocks. 74
EPS Rating ?Earnings growth rating from 1 to 99 versus all stocks — high values mean above-average earnings growth. 29
Fundamental Rating ?Our own Fundamental Rating: 0 to 100 points with an A+ to F grade. 50 points is the average across the universe, 100 the best possible score. It scores growth, earnings surprises, analyst estimates, margins, cash flow, and balance-sheet safety — every stock percentile-ranked against all others. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below. B (55 out of 100)

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Comparison

Industry comparison

The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.

Industry: Resorts & Casinos

Industry comparison
Company Market cap ($B) P/E EV/EBITDA Gross Margin % EBIT Margin % Sales Growth (Year) % Perf. 1Y %
MGM Resorts International MGM 9.7 55.3 18.8 44.2 6.9 1.7 8.6
Las Vegas Sands Corp LVS 27.0 15.7 8.5 79.3 25.4 15.2 -21.2
Wynn Resorts Limited WYNN 8.6 25.0 9.8 68.3 15.3 0.1 -32.1
Caesars Entertainment Corporation CZR 6.0 – 9.2 49.7 17.6 2.1 16.7
Boyd Gaming Corporation BYD 5.5 3.4 3.1 59.1 18.5 4.1 -9.5
Red Rock Resorts Inc RRR 5.4 17.4 8.6 67.2 28.3 3.7 -10.0
Vail Resorts Inc MTN 4.9 30.2 10.5 43.3 42.1 2.7 -1.6
Marriot Vacations Worldwide VAC 3.6 – 407.6 53.2 14.3 1.3 44.8
Hilton Grand Vacations Inc HGV 2.9 20.7 12.8 24.6 13.6 1.3 -17.0
Median of companies shown 5.5 20.7 9.8 53.2 17.6 2.1 -9.5

Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →

Fiscal years

Annual Figures

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

Revenue, operating income and net income per fiscal year $M

Revenue Operating income Net income

2016 · Revenue: 9,455 $M 2016 · Operating income: 2,080 $M 2016 · Net income: 1,101 $M 2017 · Revenue: 10,797 $M 2017 · Operating income: 1,713 $M 2017 · Net income: 1,952 $M 2018 · Revenue: 11,763 $M 2018 · Operating income: 1,469 $M 2018 · Net income: 467 $M 2019 · Revenue: 12,900 $M 2019 · Operating income: 3,940 $M 2019 · Net income: 2,049 $M 2020 · Revenue: 4,917 $M 2020 · Operating income: -642 $M 2020 · Net income: -1,033 $M 2021 · Revenue: 9,680 $M 2021 · Operating income: 2,279 $M 2021 · Net income: 1,254 $M 2022 · Revenue: 13,127 $M 2022 · Operating income: 1,439 $M 2022 · Net income: 1,473 $M 2023 · Revenue: 16,164 $M 2023 · Operating income: 1,892 $M 2023 · Net income: 1,142 $M 2024 · Revenue: 17,241 $M 2024 · Operating income: 1,490 $M 2024 · Net income: 747 $M 2025 · Revenue: 17,538 $M 2025 · Operating income: 1,002 $M 2025 · Net income: 206 $M
2016201720182019202020212022202320242025
Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 9,455 2,080 1,101 1.92 1,534 6,220 28,173
2017 10,797 1,713 1,952 3.37 2,206 7,577 29,160
2018 11,763 1,469 467 0.85 1,723 6,512 30,211
2019 12,900 3,940 2,049 3.88 1,810 7,727 33,876
2020 4,917 -642 -1,033 -2.09 -1,493 6,505 36,495
2021 9,680 2,279 1,254 2.57 1,373 6,071 40,899
2022 13,127 1,439 1,473 3.57 1,767 4,832 45,692
2023 16,164 1,892 1,142 3.18 2,699 3,811 42,369
2024 17,241 1,490 747 2.41 2,363 3,023 42,232
2025 17,538 1,002 206 0.78 2,737 2,430 41,374

Quarters

Quarterly Figures

Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.

The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 4,346.6 $M Q4 2025: Q1 · 4,277.1 $M Q1 2025: Q2 · 4,404.9 $M Q2 2025: Q3 · 4,250.5 $M Q3 2025: Q4 · 4,605.3 $M Q4 2026: Q1 · 4,454.7 $M Q1 2026: Q2 · 4,451.0 $M Q2

Source: fundamental data

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 0.53 -42.90 4,347 -1.40 3.60 672 268
2025: Q1 0.51 -23.50 4,277 -2.40 3.50 547 319
2025: Q2 0.18 -70.10 4,405 1.80 1.10 646 377
2025: Q3 -1.05 -272.10 4,251 1.60 -6.70 681 405
2025: Q4 1.11 111.10 4,605 6.00 6.40 832 536
2026: Q1 0.48 -5.90 4,455 4.20 2.80 568 413
2026: Q2 1.11 516.70 4,451 1.00 6.60 559 317

What Do These Terms Mean?

EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Compare with other stocks →

Screening

Appears in These Scanners

This stock currently matches 16 of our scanner strategies — each hit links to the scanner.

Quality & Balance Sheet

Breakout & Setup

Momentum & Trend

Research

Value & GARP

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners

Outlook

Analysts & Price Target

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Consensus Sell 1 = Strong buy … 5 = Strong sell
Analyst Ratings 21
Price Target (average) 50.41$
Distance to price 31.6% The price target sits 31.6% above the current price.

Distribution of Recommendations

Strong Buy 14
Buy 3
Hold 4
Sell 0
Strong Sell 0

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 1.87 1.26 – 2.38 17,694 -43.4% 16
12/31/2027 2.07 1.18 – 3.14 17,942 10.4% 16

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Valuation

What is priced in?

Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.

Today’s market value implies roughly -9.8% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).

What is priced in?
Free cash flow (last twelve months) $1.67B
Market cap $9.73B
Free cash flow in year ten $597.7M
Terminal value as a share of market value 32.4%

It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.

A simplified model calculation — not a forecast and not a recommendation.

AI classification

AI Rating

Uses AI

Geprüft am 23.07.2026 gegen den Geschäftsbericht (10-K) für 2025 (eingereicht 11.02.2026), den 10-K für 2024 (18.02.2025) sowie die vier jüngsten Quartalsberichte (10-Q: 30.04.2025, 30.07.2025, 29.10.2025, 29.04.2026). Belegt ist ein operativer KI-Einsatz ohne KI-Umsatzquelle: MGM Resorts beschreibt im Item 1 („Business“, Abschnitt Responsible Gaming) beider Geschäftsberichte ein produktiv eingesetztes Werkzeug auf Basis von maschinellem Lernen, das im Rahmen der Plattform LeoSafePlay Risikoprofile für gefährdete Spielerinnen und Spieler erstellt; ergänzend nennt der Konzern „advanced data and analytics capabilities“ als Grundlage seines personalisierten Direktmarketings über das Kundenbindungsprogramm MGM Rewards. Eine KI-Umsatzquelle wird nirgends beschrieben — der Umsatz 2025 von 17.537,7 Mio. US-Dollar stammt laut Segmentbericht aus Casino, Hotel, Gastronomie, Unterhaltung und dem Online-Glücksspiel von MGM Digital (LeoVegas), nicht aus KI-Produkten oder -Diensten. Damit scheidet „verkauft“ aus. „Bedroht“ scheidet ebenfalls aus: Künstliche Intelligenz taucht in den Risikofaktoren (Item 1A) beider Geschäftsberichte ausschließlich als Verstärker des allgemeinen Cybersicherheitsrisikos auf („The rapid evolution and increased adoption of artificial intelligence technologies amplifies these concerns.“) — eine Boilerplate-Formulierung ohne konkreten Bezug zum eigenen Geschäftsmodell, die nach dem Kriterienkatalog kein Bedroht-Beleg ist. Nach der Vorrang-Regel bleibt es bei „nutzt“.

View the full file — quotes, sources, reviewed filings
„We have also invested heavily in technology and in the development of algorithms that detect early signs among players that can indicate a risk for unsound gaming. Within the framework of LeoSafePlay, we have launched a tool based on machine learning and algorithms that help in the creation of risk profiles for customers who are at risk of developing a gaming problem."

Wir haben außerdem stark in Technologie und in die Entwicklung von Algorithmen investiert, die frühe Anzeichen bei Spielern erkennen, welche auf ein Risiko für problematisches Spielverhalten hindeuten können. Im Rahmen von LeoSafePlay haben wir ein Werkzeug eingeführt, das auf maschinellem Lernen und Algorithmen beruht und dabei hilft, Risikoprofile für Kunden zu erstellen, bei denen die Gefahr besteht, ein Spielproblem zu entwickeln.

10-K · 2026-02-11 · View SEC filing

„The rapid evolution and increased adoption of artificial intelligence technologies amplifies these concerns."

Die rasche Entwicklung und die zunehmende Verbreitung von Technologien der künstlichen Intelligenz verstärken diese Bedenken.

10-K · 2026-02-11 · View SEC filing

„Our advanced data and analytics capabilities underpin our direct marketing, enabling us to segment customers based on preferences, behaviors, and their overall value to the organization."

Unsere fortgeschrittenen Daten- und Analysefähigkeiten sind die Grundlage unseres Direktmarketings; sie ermöglichen es uns, Kunden nach Vorlieben, Verhalten und ihrem Gesamtwert für das Unternehmen zu segmentieren.

10-K · 2026-02-11 · View SEC filing

Filings Reviewed: 10-K 2026-02-11 · 10-K 2025-02-18 · 10-Q 2026-04-29 · 10-Q 2025-10-29 · 10-Q 2025-07-30 · 10-Q 2025-04-30

Rated on July 23, 2026 · How the Rating Is Built

Growth

Growth Score

Ten checks against the annual reports — each one passed counts a point.

4 of 10 Weak growth
  • Revenue grows by more than 15% a year over three years 10.1%
  • More than 10% revenue growth is expected for the coming year 1.5%
  • Share count grows by less than 3% a year -13.8%
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 11.2%
  • Gross margin at 40% or higher and without meaningful erosion 44.4%
  • Goodwill from acquisitions does not grow faster than revenue 11.9%
  • Net debt below twice EBITDA 31.5 x EBITDA
  • Operating cash flow covers the profits of the last three years 5,703 m
  • Return on capital at 15% or higher, or up versus two years ago 2.7%
  • Insiders hold at least 10% or are net buyers 27.4%

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

Quality check

AAQS

3/10

The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).

  • Sales growth 10Y > 5% 7.1%
  • Exp. sales growth 3Y > 5% 1.1%
  • EBIT growth 10Y > 5% -7.8%
  • Exp. EBIT growth 3Y > 5% 62.9%
  • Net debt < 4x EBIT 54.0x
  • EBIT positive, 10Y straight 9
  • Max. EBIT decline < 50% 100.0%
  • Return on equity > 15% –
  • ROCE > 15% 2.6%
  • Expected return > 10% 90.8%

View stocks with the full AAQS score · Read the methodology at AlleAktien

Source: fundamental data

Insiders

Insider Transactions

Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.

Insider Transactions
Date Person Role Type Shares Price Value
Sep 11, 2026 Fritz Gary M President, Interactive Other 1,882 39.89 75,073
Sep 11, 2026 Fritz Gary M President, Interactive Other 4,711 0.00 –

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The company

About the Company

MGM Resorts International ist über ihre Tochtergesellschaften ein Glücksspiel- und Unterhaltungsunternehmen in den USA, China und international. Es ist in vier Segmenten tätig: Las Vegas Strip Resorts, Regional Operations, MGM China und MGM Digital.

Employees
60,000
Headquarters
Las Vegas, NV
Address
3600 Las Vegas Boulevard South, 89109 Las Vegas, United States
Phone
702 693 7120
IPO Date
01/12/1990
ISIN
US5529531015
Stock Split
2:1 on 05/19/2005
Stock Split
2:1 on 02/28/2000

Management

Management
Name Title Birth Year
William Joseph Hornbuckle IV President, CEO & Director 1958
Jonathan S. Halkyard CFO & Treasurer 1965
John M. McManus Esq. Chief Legal & Administrative Officer and Secretary 1967
Corey Ian Sanders Advisor to President & CEO 1964
Gary M. Fritz Chief Commercial Officer & President of MGM Digital 1974
Ayesha Khanna Molino Chief Operating Officer 1981
Todd R. Meinert Senior VP & Chief Accounting Officer 1975
Sarah A. Rogers Senior VP of Corporate Finance & Treasurer 1981
Howard H. Wang CPA Vice President of Investor Relations –
Jeff Mochal Senior Vice President of Corporate Communications –

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Filings

Company Filings (8-K)

An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).

  • 07/29/2026 MGM Resorts International (MGM): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗

Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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