MGM Resorts International (NYSE:MGM)
48.97 USD
+1.750 3.706%| Previous Close (in USD) | 47.22 |
|---|---|
| Change | +1.750 3.706% |
| 52 W H/L (in USD) | 48.245/31.610 |
| EBITDA (in USD) | 2556.988M |
| PE Ratio | 11.77 |
| Volume | 4794977 |
| Diluted Eps TTM | 2.79 |
| Total Assets (in USD) | 42368.548M |
|---|---|
| Total Liabilities (in USD) | 38001.047M |
| Revenue TTM (in USD) | 17221.657M |
| Cash (in USD) | 2927.833M |
| Market Cap (in USD) | 9,780.759 M |
| Revenue Per Share TTM | 54.260 |
| Gross Profit TTM (in USD) | 7895.022M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
MGM Resorts International
3600 Las Vegas Boulevard South, Las Vegas, NV, United States, 89109
702 693 7120
Employees: 58000
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. William Joseph Hornbuckle IV | Pres, CEO & Director | 1958 |
| 2. | Mr. Jonathan S. Halkyard | CFO & Treasurer | 1965 |
| 3. | Mr. Corey Ian Sanders | Chief Operating Officer | 1964 |
| 4. | Mr. John M. McManus Esq. | Chief Legal, Admin. Officer & Sec. | 1967 |
| 5. | Mr. Todd R. Meinert | Sr. VP & Chief Accounting Officer | 1975 |
| 6. | Ms. Catherine Park | Exec. Director of Investor Relations | NA |
| 7. | Andrew Chapman | Director of Investor Relations | NA |
| 8. | Mr. Jeff Mochal | Sr. VP of Corp. Communications | NA |
| 9. | Ms. Jyoti Chopra | Sr. VP and Chief People, Inclusion & Sustainability Officer | 1964 |
| 10. | Mr. Alan M. Feldman | Exec. VP of Global Gov. & Industry Affairs | 1959 |
Peers
Sector: Consumer Cyclical
Industry: Resorts & Casinos
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
LVS
Las Vegas Sands Corp |
+0.060 0.119% | 50.5 | 56.230 | 16.287 | 4.178 | 7.868 | 5.207 | 15.331 |
|
SCHYY
Sands China Ltd ADR |
-0.480 2.491% | 19.49 | 0.000 | 12.077 | 6.699 | 211.730 | 8.691 | 51.076 |
|
SCHYF
Sands China Ltd |
0.000 0.000% | 1.84 | 0.000 | 11.211 | 6.909 | 211.046 | 8.691 | 51.076 |
|
GXYYY
Galaxy Entertainment Group Ltd ADR |
+0.020 0.100% | 19.96 | 14.440 | 13.928 | 0.392 | 1.855 | 2.812 | 9.305 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 903.799M | 1461.804M | -1511.479M | 2846.725M | 634.006M |
| Minority Interest | 1266.362M | 45.981M | -287.183M | 165.234M | 117.122M |
| Net Income | 206.731M | 1254.37M | -1319.907M | 2049.146M | 466.772M |
| Selling General Administrative | 4226.617M | 2507.239M | 2122.333M | 2101.217M | 1764.638M |
| Gross Profit | 6474.502M | 4649.531M | 1709.371M | 5296.183M | 4844.221M |
| Reconciled Depreciation | 3482.05M | 1150.61M | 1210.556M | 1304.649M | 1178.044M |
| Ebit | -1814.115M | 631.332M | -2083.75M | 3940.215M | 1412.666M |
| Ebitda | 1667.935M | 1781.942M | -1022.921M | 5275.108M | 2590.71M |
| Depreciation And Amortization | 3482.05M | 1150.61M | 1060.829M | 1334.893M | 1178.044M |
| Operating Income | -1814.115M | 631.332M | -2083.75M | 3940.215M | 1469.486M |
| Other Operating Expenses | 14840.768M | 9116.329M | 7245.832M | 8803.176M | 10432.153M |
| Interest Expense | 594.954M | 799.593M | 676.38M | 847.932M | 769.513M |
| Tax Provision | 697.068M | 253.415M | -191.572M | 632.345M | 50.112M |
| Interest Income | 618.411M | 882.836M | 779.684M | 910.228M | 817.34M |
| Net Interest Income | -594.954M | -799.593M | -676.38M | -847.932M | -769.513M |
| Income Tax Expense | 697.068M | 253.415M | -191.572M | 632.345M | 50.112M |
| Total Revenue | 13127.485M | 9680.14M | 5162.082M | 12899.672M | 11763.096M |
| Total Operating Expenses | 8187.785M | 4085.72M | 3793.121M | 1199.687M | 3513.278M |
| Cost Of Revenue | 6652.983M | 5030.609M | 3452.711M | 7603.489M | 6918.875M |
| Total Other Income Expense Net | 2717.914M | 830.472M | 572.271M | -1093.49M | 72.576M |
| Net Income From Continuing Ops | 206.731M | 1208.389M | -1319.907M | 2214.38M | 583.894M |
| Net Income Applicable To Common Shares | 1473.093M | 1254.37M | -1032.724M | 2049.146M | 466.772M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 42368.548M | 45692.206M | 40899.116M | 36494.934M | 33633.115M |
| Intangible Assets | 1724.582M | 1551.252M | 3616.385M | 3643.748M | 3826.504M |
| Other Current Assets | 770.503M | 583.132M | 258.972M | 200.782M | 200.317M |
| Total Liab | 38001.047M | 40323.733M | 29774.803M | 25248.484M | 20865.15M |
| Total Stockholder Equity | 3811.17M | 4831.529M | 6070.645M | 6504.726M | 7727.265M |
| Other Current Liab | 2189.306M | 2247.386M | 1689.735M | 1345.831M | 2493.386M |
| Common Stock | 3.266M | 3.791M | 4.538M | 4.943M | 5.031M |
| Capital Stock | 3.266M | 3.791M | 4.538M | 4.943M | 5.031M |
| Retained Earnings | 3664.008M | 4794.239M | 4340.588M | 3091.007M | 4201.337M |
| Good Will | 5165.694M | 5029.312M | 3480.997M | 2091.278M | 2084.564M |
| Other Assets | - | 1029.054M | 490.21M | 443.421M | 710.28M |
| Cash | 2927.833M | 5911.893M | 4703.059M | 5101.637M | 2329.604M |
| Cash And Equivalents | - | 5911.893M | 4703.059M | 5101.637M | 2329.604M |
| Total Current Liabilities | 3126.068M | 4515.892M | 3442.264M | 1856.583M | 3191.423M |
| Current Deferred Revenue | 566.222M | 612.216M | 489.432M | 256.193M | 367.152M |
| Net Debt | 28687.768M | 27956.696M | 19870.202M | 15665.164M | 12874.029M |
| Short Term Debt | 84.154M | 1286.473M | 1000M | 112.036M | 95.448M |
| Short Long Term Debt | 60.173M | 1286.473M | 1000M | 138.832M | 122.25M |
| Short Long Term Debt Total | 31615.601M | 33868.589M | 24573.261M | 20766.801M | 15203.633M |
| Other Stockholder Equity | - | 33.499M | 1750.135M | 3439.453M | 3531.099M |
| Property Plant Equipment | - | 29754.857M | 25928.298M | 14632.091M | 18285.955M |
| Total Current Assets | 4910.593M | 8154.692M | 6416.182M | 5950.659M | 4007.693M |
| Long Term Investments | 240.803M | 173.039M | 967.044M | 1447.043M | 822.366M |
| Short Term Investments | - | - | - | 1447.043M | - |
| Net Receivables | 1070.579M | 925.165M | 857.777M | 559.917M | 1374.884M |
| Long Term Debt | 6343.81M | 7432.817M | 11770.797M | 12848.768M | 11532.492M |
| Inventory | 141.678M | 126.065M | 96.374M | 88.323M | 102.888M |
| Accounts Payable | 461.718M | 369.817M | 263.097M | 142.523M | 235.437M |
| Accumulated Other Comprehensive Income | 143.896M | 33.499M | -24.616M | -30.677M | -10.202M |
| Non Currrent Assets Other | 849.867M | -1940.389M | -1949.154M | -1709.595M | -1649.713M |
| Non Current Assets Total | 37457.955M | 37537.514M | 34482.934M | 30544.275M | 29625.422M |
| Capital Lease Obligations | 25211.618M | 25149.299M | 11802.464M | 8390.117M | 4373.418M |
| Long Term Debt Total | - | 7432.817M | 12090.711M | 12848.768M | 11532.492M |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Investments | 114.991M | -244.425M | -217.195M | -32.965M | 4170.322M |
| Total Cashflows From Investing Activities | - | 2118.181M | 1543.645M | 2159.304M | 3519.434M |
| Total Cash From Financing Activities | -5004.631M | -3024.302M | -2814.095M | 2103.427M | -4529.594M |
| Net Income | 1314.924M | 206.731M | 1208.389M | -1319.907M | 2214.38M |
| Change In Cash | -3021.492M | 833.329M | 101.422M | 2772.033M | 802.842M |
| Begin Period Cash Flow | 6036.388M | 5203.059M | 5101.637M | 2329.604M | 1526.762M |
| End Period Cash Flow | 3014.896M | 6036.388M | 5203.059M | 5101.637M | 2329.604M |
| Total Cash From Operating Activities | 2690.777M | 1756.462M | 1373.423M | -1493.043M | 1810.401M |
| Depreciation | 814.128M | 3482.05M | 1150.61M | 1210.556M | 1304.649M |
| Other Cashflows From Investing Activities | 339.696M | 5027.152M | 4050.835M | 2526.808M | 88.118M |
| Dividends Paid | 0.957M | 4.048M | 4.789M | 77.606M | 271.288M |
| Change To Inventory | -15.524M | -26.627M | 3.107M | 14.705M | 6.522M |
| Sale Purchase Of Stock | -2291.917M | -2775.217M | -1753.509M | -353.72M | -1031.534M |
| Other Cashflows From Financing Activities | -329.808M | 825.303M | -502.206M | -402.672M | -712.611M |
| Capital Expenditures | 931.813M | 765.067M | 490.697M | 270.579M | 739.006M |
| Change In Working Capital | 152.951M | 128.198M | 142.499M | -624.463M | -245.66M |
| Other Non Cash Items | 452.445M | -2628.002M | -1435.205M | -884.532M | -2146.852M |
| Free Cash Flow | 1758.964M | 991.395M | 882.726M | -1763.622M | 1071.395M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Longleaf Partners | 1 year ago | 1490343 |
| 2. | Davis NY Venture A | 1 year ago | 7108640 |
| 3. | Vanguard Total Stock Mkt Idx Inv | 1 year ago | 6583840 |
| 4. | Capital Group Growth Fnd of Amer Comp | 1 year ago | 6455000 |
| 5. | American Funds Growth Fund of Amer A | 1 year ago | 6455000 |
| 6. | Vanguard Institutional 500 Index Trust | 1 year ago | 6127830 |
| 7. | Vanguard Small Cap Index | 1 year ago | 5305464 |
| 8. | Invesco S&P 500® Equal Weight ETF | 1 year ago | 4069297 |
| 9. | Vanguard Small Cap Value Index Inv | 1 year ago | 3521832 |
| 10. | Fidelity 500 Index | 1 year ago | 2852788 |
| 11. | SPDR® S&P 500® ETF Trust | 1 year ago | 2844986 |
| 12. | JHancock Disciplined Value I | 1 year ago | 2662710 |
| 13. | iShares Core S&P 500 ETF | 1 year ago | 2657053 |
| 14. | Selected American Shares S | 1 year ago | 1891220 |
| 15. | The Consumer Discret Sel SectSPDR® ETF | 1 year ago | 1433589 |
| 16. | Vanguard Institutional Index I | 1 year ago | 1428843 |
| 17. | Clipper | 1 year ago | 1425810 |
| 18. | State St S&P 500® Indx SL Cl III | 1 year ago | 1086877 |
| 19. | Vanguard Strategic Equity Inv | 1 year ago | 1074240 |
| 20. | Davis Global A | 1 year ago | 962710 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Group Inc | 1 year ago | 27193779 |
| 2. | Davis Selected Advisers | 1 year ago | 19038296 |
| 3. | BlackRock Inc | 1 year ago | 16986975 |
| 4. | State Street Corp | 1 year ago | 9361133 |
| 5. | Capital World Investors | 1 year ago | 6558263 |
| 6. | Boston Partners Global Investors, Inc | 1 year ago | 5924566 |
| 7. | Corvex Management LP | 1 year ago | 5738478 |
| 8. | Geode Capital Management, LLC | 1 year ago | 5391300 |
| 9. | Morgan Stanley - Brokerage Accounts | 1 year ago | 5365627 |
| 10. | Amvescap Plc. | 1 year ago | 4721636 |
| 11. | Fisher Asset Management, LLC | 1 year ago | 4547883 |
| 12. | Bank of America Corp | 1 year ago | 4212420 |
| 13. | Goldentree Asset Management LP | 1 year ago | 3000000 |
| 14. | LSV Asset Management | 1 year ago | 2837200 |
| 15. | NORGES BANK | 1 year ago | 2795391 |
| 16. | HG Vora Capital Management LLC | 1 year ago | 2500000 |
| 17. | Dimensional Fund Advisors, Inc. | 1 year ago | 2376606 |
| 18. | UBS Asset Mgmt Americas Inc | 1 year ago | 2298094 |
| 19. | Charles Schwab Investment Management Inc | 1 year ago | 2244361 |
| 20. | Southeastern Asset Management Inc | 1 year ago | 2197902 |
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