MGM Resorts International
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $17.5B | $17.2B | $16.2B | $13.1B | $9.7B |
| Selling, general & administrative | $4.9B | $4.8B | $4.7B | $4.2B | $2.5B |
| Operating income | $1.0B | $1.5B | $1.9B | $1.4B | $2.3B |
| Interest expense | $419.0M | $443.2M | $460.3M | $595.0M | $799.6M |
| Pretax income | $280.8M | $1.1B | $1.5B | $903.8M | $1.5B |
| Income tax expense | -$240.1M | $52.5M | $157.8M | $697.1M | $253.4M |
| Net income | $205.9M | $746.6M | $1.1B | $1.5B | $1.3B |
| Balance Sheet | |||||
| Cash and equivalents | $2.1B | $2.4B | $2.9B | $5.9B | $4.7B |
| Current assets | $4.3B | $4.4B | $4.9B | $8.2B | $6.4B |
| Total assets | $41.4B | $42.2B | $42.4B | $45.7B | $40.9B |
| Current liabilities | $3.5B | $3.4B | $3.1B | $4.5B | $3.4B |
| Total liabilities | $38.1B | $38.5B | $38.0B | — | — |
| Total debt | $6.3B | $6.4B | $6.4B | $8.8B | $12.9B |
| Stockholders' equity | $2.4B | $3.0B | $3.8B | $4.8B | $6.1B |
| Cash Flow Statement | |||||
| Cash from operations | $2.5B | $2.4B | $2.7B | $1.8B | $1.4B |
| Depreciation and amortization | $1.0B | $831.1M | $814.1M | $3.5B | $1.2B |
| Stock-based compensation | $90.5M | $80.2M | $73.6M | $71.3M | $65.2M |
| Capital expenditure | $1.1B | $1.2B | $931.8M | $765.1M | $490.7M |
| Free cash flow | $1.5B | $1.2B | $1.8B | $991.4M | $882.7M |
| Dividends paid | — | $0 | $0 | $4.0M | $4.8M |
| Share repurchases | $1.2B | $1.4B | $2.3B | $2.8B | $1.8B |
| Impairments | $278.9M | $0 | $0 | — | — |
Shares outstanding 255.9M · Free float 49.7%
Annual filing data through FY ended December 31, 2025; float as of July 10, 2026.