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MGM Resorts International (MGM) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $45.48 Metrics
OS: 373.9 M
Market cap: $17 B
Net debt: $2.71 B 0.6 x Debt/EBITDA
EV: $19.7 B

 
TTM Valuation
EBITDA $4.8 B 4.1 x EV/EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues13,127.59,680.15,162.112,899.711,763.110,797.59,478.39,190.1
            Revenue growth35.6%87.5%-60.0%9.7%8.9%13.9%3.1%-8.8%
Cost of goods sold3,338.23,400.52,054.35,201.36,928.06,202.85,247.55,112.2
Gross profit9,789.26,279.63,107.77,698.44,835.14,594.74,230.84,077.9
            Gross margin74.6%64.9%60.2%59.7%41.1%42.6%44.6%44.4%
Selling, general and administrative4,705.72,930.02,582.52,565.92,183.81,916.41,691.21,583.7
General and administrative479.1422.8460.1464.6419.2356.9312.7274.6
EBITA3,979.22,560.5-405.54,251.71,793.22,031.72,786.51,768.6
            EBITA margin30.3%26.5%-7.9%33.0%15.2%18.8%29.4%19.2%
Amortization of intangibles2,700.0197.0194.0192.0176.0173.0180.0199.0
EBIT1,279.22,363.5-599.54,059.71,617.21,858.72,606.51,569.6
            EBIT margin9.7%24.4%-11.6%31.5%13.7%17.2%27.5%17.1%
Pre-tax income903.81,461.8-1,511.52,846.7634.0960.81,257.6-1,046.2
Income taxes697.1253.4-191.6632.350.1-1,127.421.7-6.6
            Tax rate77.1%17.3%12.7%22.2%7.9% 1.7%0.6%
Net income1,473.11,254.4-1,032.72,049.1466.81,952.11,100.4-447.7
            Net margin11.2%13.0%-20.0%15.9%4.0%18.1%11.6%-4.9%
 
Diluted EPS$3.57$2.57($2.09)$3.88$0.85$3.37$1.92($0.82)
Shares outstanding (diluted)413.0487.4494.2527.6549.5578.8573.3542.9
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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