MGM Resorts International

The resorts and casinos of MGM Resorts International™ are some of the most famous in the world. Our 23 destinations are renowned for their winning combination of quality entertainment, luxurious facilities and exceptional customer service. 

Many of our resorts are located in Las Vegas. Las Vegas features three of the largest convention centers in the U.S., spectacular entertainment, attractions, shopping and world-famous resorts. Whether dancing fountains, incredible stage productions, casino action, museums or natural attractions such as Lake Mead, Vegas offers something for everyone.

Company Growth (employees)
Type
Public
HQ
Las Vegas, US
Founded
1918
Size (employees)
52,000 (est)+17%
MGM Resorts International was founded in 1918 and is headquartered in Las Vegas, US

Key People at MGM Resorts International

James Murren

James Murren

Chairman & CEO

MGM Resorts International Office Locations

MGM Resorts International has an office in Las Vegas
Las Vegas, US (HQ)
3600 Las Vegas Boulevard South

MGM Resorts International Metrics

MGM Resorts International Financial Metrics

MGM Resorts International's revenue was reported to be $9.5 b in FY, 2016 which is a 5% decrease from the previous period.

Revenue (FY, 2016)

$9.5 b

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Net income (FY, 2016)

$1.2 b

EBIT (FY, 2016)

$2.1 b

Market capitalization (19-May-2017)

$18 b

Closing share price (19-May-2017)

$31

Cash (31-Dec-2016)

$1.4 b

EV

$29.5 b
MGM Resorts International's current market capitalization is $18 b.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$6.1 b$7.8 b$9.8 b$10.8 b$9.9 b$9.5 b

Revenue growth, %

30%11%(8%)(5%)

Operating expense total

$8.7 b$8.8 b$9.6 b$7.9 b

EBIT

$1.1 b$1.3 b($156.2 m)$2.1 b

EBIT margin, %

11%12%(2%)22%

Interest expense

$1.1 b$1.1 b$1.1 b$857.3 m$817.1 m$797.6 m$694.8 m

Pre tax profit

$87.8 m$410.9 m($1 b)$1.3 b

Income tax expense

($778.6 m)($403.3 m)($117.3 m)

Net Income

$56.5 m$127.2 m($1 b)$1.2 b
Y, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$2.1 b$499 m$1.9 b$1.5 b$1.8 b$1.7 b$1.7 b$1.4 b

Accounts Receivable

$488.2 m$473.3 m$480.6 m$542.9 m

Inventories

$107.9 m$104 m$104.2 m$97.7 m

Current Assets

$2.7 b$3 b$2.4 b$2.2 b

PP&E

$14.1 b$14.4 b$15.4 b$18.4 b

Goodwill

$2.9 b$2.9 b$1.4 b$1.8 b

Total Assets

$26.1 b$26.7 b$25.2 b$28.2 b

Accounts Payable

$241.2 m$164.3 m$182 m$250.5 m

Total Debt

$13.4 b$14.2 b$12.7 b$13 b

Current Liabilities

$2.2 b$3.4 b$2.2 b$2.3 b

Additional Paid-in Capital

$4.2 b$4.2 b$5.7 b$5.7 b

Retained Earnings

$57.1 m($107.9 m)($555.6 m)$545.8 m

Total Equity

$7.9 b$7.6 b$7.8 b$10 b

Debt to Equity Ratio

1.7 x1.9 x1.6 x1.3 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x

Financial Leverage

3.3 x3.5 x3.2 x2.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$56.5 m$127.2 m($1 b)$1.2 b

Accounts Receivable

($59.8 m)($32.4 m)($62.7 m)($33.2 m)

Inventories

($336 k)$3.2 m($2.6 m)$10.8 m

Cash From Operating Activities

$1.3 b$1.1 b$1 b$1.5 b

Cash From Investing Activities

($560.1 m)($1.5 b)($795.1 m)($2.3 b)

Cash From Financing Activities

($489.7 m)$308.1 m($257.9 m)$519.4 m

Interest Paid

$840.3 m$776.8 m$776.5 m$661.2 m
Y, 2016

EV/EBIT

14.2 x

EV/CFO

19.2 x

Debt/Equity

1.3 x

Debt/Assets

0.5 x

Financial Leverage

2.8 x

MGM Resorts International Market Value History

MGM Resorts International Online Presence

MGM Resorts International News

MGM Resorts International Company Life

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