MGM Resorts (MGM) stock price, revenue, and financials

MGM Resorts market cap is $19.6 b, and annual revenue was $5.16 b in FY 2020

$19.6 B

MGM Mkt cap, 07-May-2021

$5.2 B

MGM Resorts Revenue FY, 2020
MGM Resorts Net income (FY, 2020)-1.3 B
MGM Resorts EBIT (FY, 2020)-642.4 M
MGM Resorts Cash, 31-Dec-20205.1 B
MGM Resorts EV36.4 B

MGM Resorts Revenue Breakdown

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MGM Resorts revenue breakdown by business segment: 45.2% from Las Vegas Strip Resorts, 27.5% from Regional Operations, 22.5% from MGM China and 4.8% from Other

MGM Resorts Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

10.8b11.8b12.9b5.2b

Revenue growth, %

14%9%10%

Cost of goods sold

6.2b6.9b7.6b

Gross profit

4.6b4.8b5.3b

Gross profit Margin, %

43%41%41%

General and administrative expense

1.6b1.8b2.1b2.1b

Operating expense total

2.6b2.9b4.2b2.1b

Depreciation and amortization

993.5m1.2b1.3b1.2b

EBIT

1.7b1.5b3.9b(642.4m)

EBIT margin, %

16%12%31%(12%)

Interest expense

668.7m769.5m847.9m

Pre tax profit

963.8m634.0m2.8b(1.5b)

Income tax expense

(1.1b)50.1m632.3m(191.6m)

Net Income

2.0b466.8m2.2b(1.3b)

EPS

3.40.83.9

MGM Resorts Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.5b1.5b2.3b5.1b

Accounts Receivable

540.5m657.2m612.7m316.5m

Prepaid Expenses

200.8m

Inventories

102.3m110.8m102.9m88.3m

Current Assets

2.4b2.5b4.0b6.0b

PP&E

19.6b20.7b18.3b14.6b

Goodwill

1.8b1.8b2.1b2.1b

Total Assets

29.2b30.2b33.9b36.5b

Accounts Payable

255.0m302.6m235.4m142.5m

Short-term debt

158.0m43.4m1.0b1.1b

Current Liabilities

3.1b2.9b3.2b1.9b

Long-term debt

12.8b15.1b15.4b20.8b

Total Debt

12.9b15.1b16.4b21.9b

Total Liabilities

17.4b19.6b21.1b

Common Stock

5.7m5.3m5.0m4.9m

Additional Paid-in Capital

5.4b4.1b3.5b3.4b

Retained Earnings

2.3b2.4b4.2b3.1b

Total Equity

11.6b10.5b12.7b11.2b

Debt to Equity Ratio

1.1 x1.4 x1.3 x

Debt to Assets Ratio

0.4 x0.5 x0.5 x

Financial Leverage

2.5 x2.9 x2.7 x3.3 x

MGM Resorts Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

2.1b583.9m2.2b(1.3b)

Depreciation and Amortization

993.5m1.2b1.3b1.2b

Accounts Receivable

(18.4m)(149.6m)(726.6m)960.1m

Inventories

(4.7m)(7.9m)6.5m14.7m

Accounts Payable

419.5m21.5m465.6m(1.4b)

Cash From Operating Activities

2.2b1.7b1.8b(1.5b)

Purchases of PP&E

(270.6m)

Capital Expenditures

(1.9b)(1.5b)(739.0m)

Cash From Investing Activities

(1.6b)(2.1b)3.5b2.2b

Short-term Borrowings

15.0m1.2b(3.6b)

Long-term Borrowings

(502.7m)(2.3m)(3.8b)(846.8m)

Dividends Paid

(252.0m)(445.5m)(271.3m)(77.6m)

Cash From Financing Activities

(568.8m)389.2m(4.5b)2.1b

Net Change in Cash

53.4m26.8m802.8m2.8b

Interest Paid

658.6m723.6m827.0m639.7m

Income Taxes Paid

181.7m(10.1m)28.5m8.5m

Free Cash Flow

342.3m235.7m1.1b

MGM Resorts Ratios

USDFY, 2017

Revenue/Employee

211.3k

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.5 x

MGM Resorts Operating Metrics

FY, 2017FY, 2018FY, 2019

Rooms (Domestic Resorts)

41.4 k

Rooms (Las Vegas Strip Resorts)

34.92 k31.1 k

Rooms (Regional Operations)

6.6 k6.59 k

Rooms (MGM China)

5821.95 k1.97 k

Rooms (Other Operations)

5.89 k5.5 k5.5 k

Rooms Available

47.87 k48.97 k45.16 k

Slots (Domestic Resorts)

23.44 k

Slots (Las Vegas Strip Resorts)

11.07 k9.94 k

Slots (Regional Operations)

14.66 k20.88 k

Slots (MGM China)

1.02 k2.02 k2.24 k

Slots (Other Operations)

2.65 k3.83 k1.49 k

Slots

27.11 k31.59 k34.55 k

Gaming Tables (Domestic Resorts)

1.27 k

Gaming Tables (Las Vegas Strip Resorts)

1.27 k652

Gaming Tables (Regional Operations)

706711

Gaming Tables (MGM China)

427527552

Gaming Tables (Other Operations)

168126126

Gaming Tables

1.87 k2.05 k2.04 k

MGM Resorts Employee Rating

3.61371 votes
Culture & Values
3.3
Work/Life Balance
3.2
Senior Management
3
Salary & Benefits
3.6
Career Opportunities
3.4
Source