MGMMGM Resorts International
Hotels & Motels
- Revenue
- $17.5B
- 1.7% YoY
- Operating margin
- 5.7%
- 34% YoY
- EBITDA
- $2.0B
- 13% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.6×
- $3.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear12× net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear49% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear12% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $9.7B | $13.1B | $16.2B | $17.2B | $17.5B | 1.7% |
| Operating income | $2.3B | $1.4B | $1.9B | $1.5B | $1.0B | 33% |
| Net income | $1.3B | $1.5B | $1.1B | $747M | $206M | 72% |
| Operating cash flow | $1.4B | $1.8B | $2.7B | $2.4B | $2.5B | 7.1% |
| Capex | $491M | $765M | $932M | $1.2B | $1.1B | 7.1% |
| Stock-based comp | $65M | $71M | $74M | $80M | $90M | 13% |
| Buybacks | $1.8B | $2.8B | $2.3B | $1.4B | $1.2B | 9.5% |
| Dividends | $5M | $4M | $0 | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $1M · 1
- Net
- −$1M
Pay vs performance
No pay-versus-performance disclosure yet.