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MGM

S&P 500
Weak · 21/100

MGM Resorts

Consumer Discretionary
Casinos & Gaming

$46.57

0.6%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 38.0% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$11.98B

P/E

66.01x

Forward P/E (est.)

94.3x

ROE

6.9%

Revenue Growth

3.4%

EPS Growth

-69.8%

Profit Margin

1.0%

FCF Yield

14.9%

Debt / Equity

2.67x

ROIC

9.0%

Interest Coverage

2.18x

Current Ratio

1.33x

Dividend Yield

0.0%

Implied Growth (rev. DCF)

-2.8%

Rating Score

21/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MGM's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MGM trades near $46.57, above its 50-day average ($40.93) and 200-day average ($36.46). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. MGM's is $1.84 (~4.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month MGM found buyers near $35.32 (support) and sellers near $51.59 (resistance); its 52-week range is $29.19–$51.59. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.6× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

MGM Resorts (MGM) is a large-cap company in the Casinos & Gaming industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $11.98B.

In its latest reported year it generated about $17.54B in revenue and $205.86M in net profit.

Our model rates MGM Weak (21/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

16.0%

Revenue moved from $9.68B in 2021 to $17.54B in 2025, a 16.0% compound annual growth rate. The most recent year was roughly flat (3.4%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

44.2%

Operating Margin

5.7%

Net Margin

1.2%

ROE

6.9%

MGM Resorts keeps about 1.0% of each sales dollar as net profit, with a 44.2% gross margin and 5.7% operating margin. Return on equity is 6.9% and return on invested capital about 9.0%. Thin margins leave less cushion if costs rise.

Debt Analysis
Research

Total Debt

$6.40B

Net Debt

$4.11B

Net Debt / EBITDA

4.1x

Debt / Equity

2.67x

Leverage: debt-to-equity is 2.7x, and operating profit covers interest about 2.2x, with a current ratio of 1.3x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $6.40B of total debt against $2.29B of cash.

Cash Flow Analysis
Research

Operating CF

$2.53B

Free Cash Flow

$1.46B

FCF Margin

8.3%

In the latest year MGM Resorts produced about $2.53B of operating cash flow and $1.46B of free cash flow after capital spending. That is a free-cash-flow yield of about 14.9% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

66.01x

P/S

0.7x

P/B

4.01x

EV / EBITDA

8.11x

MGM trades at 66.0x trailing earnings (about 94.3x on estimated forward earnings), 0.7x sales, and 4.0x book value. Reverse-engineering today's price implies the market expects roughly -2.8% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
66.0xExpensive
Forward P/E
94.3xExpensive
P/S ratio
0.7xCheap
Revenue growth
3.4%Weak
EPS growth
-69.8%Weak
Gross margin
44.2%Average
Net margin
1.0%Weak
ROE
6.9%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How MGM stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.

In the Consumer Discretionary sector (48 S&P 500 companies), MGM ranks #47 of 48 by our overall rating. It trades at a premium versus the sector on earnings (66x P/E vs. 23.7x median) with a lower return on equity (6.9% vs. 39.2%) and slower revenue growth (3.4% vs. 6.2%).

P/E vs sector

66x

median 23.7x

ROE vs sector

6.9%

median 39.2%

Growth vs sector

3.4%

median 6.2%

Sector rank

#47

of 48 by rating

CompanyP/ERev Gr.Rating
MGMThis stock66x3.4%Weak· 21
WYNN29.8x4.7%Weak· 26
LVS17.7x22.7%Favorable· 70
HAS12.9%Weak· 15
LULU9.3x4.2%Favorable· 60
APTV36.9x5.2%Weak· 36
DPZ17.6x5.2%Neutral· 57
GPC4.8%Weak· 27
Consumer Discretionary median23.7x6.2%54/100

Valuation vs. quality map

sector medianWYNNLVSLULUAPTVDPZMGMP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 48 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$95.36$157.34

vs. $46.57 today · expected CAGR 15%28%

Metric20262027202820292030
Revenue$18.06B$18.61B$19.16B$19.74B$20.33B
Net income$541.91M$558.17M$574.92M$592.16M$609.93M
EPS$2.12$2.18$2.25$2.31$2.38
Share price (low)$84.72$87.27$89.88$92.58$95.36
Share price (high)$139.79$143.99$148.31$152.76$157.34
CAGR (low–high)82% / 200%37% / 76%25% / 47%19% / 35%15% / 28%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for MGM:

  • Healthy free-cash-flow yield (~14.9%) funds buybacks and dividends.
  • As an established S&P 500 member in Consumer Discretionary, it brings scale and a long operating history.
Bear Case

The case against MGM:

  • Thin net margins (1.0%) leave little room for error.
  • Elevated leverage (debt/equity 2.7x) adds financial risk.
  • Interest coverage is thin (2.2x), so debt costs bite.
  • A rich 66.0x earnings multiple prices in a lot of growth.
  • Our model's overall read is Weak (21/100).
Key Risks
Research

Valuation risk — at 66.0x earnings, disappointing results could compress the multiple.

Balance-sheet risk — debt/equity of 2.7x magnifies the impact of higher rates or weaker earnings.

Margin risk — thin profitability (1.0%) is vulnerable to cost or pricing pressure.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: MGM Resorts is a large-cap consumer discretionary business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 66.0x earnings, which our model scores Weak (21/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.