MGM Resorts International

MGM Resorts Internationalverified

MGM

Price:

$41.84

Market Cap:

$13.12B

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gam...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

1988-05-02

Stock Exchange

NYSE

Ticker

MGM

The PE Ratio as of July 2024 (TTM) for MGM Resorts International (MGM) is 15.97

According to MGM Resorts International’s latest financial reports and current stock price. The company's current PE Ratio is 15.97. This represents a change of -7.68% compared to the average of 17.30 of the last 4 quarters.

MGM Resorts International (MGM) Historical PE Ratio (quarterly & annually)

How has MGM PE Ratio performed in the past?

The mean historical PE Ratio of MGM Resorts International over the last ten years is 4.97. The current 15.97 PE Ratio has changed 32.01% with respect to the historical average. Over the past ten years (40 quarters), MGM's PE Ratio was at its highest in in the December 2016 quarter at 167.66. The PE Ratio was at its lowest in in the December 2018 quarter at -137.40.

Quarterly (TTM)
Annual

Average

4.97

Median

11.84

Minimum

-69.87

Maximum

66.37

MGM Resorts International (MGM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of MGM Resorts International PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 284.90%

Maximum Annual PE Ratio = 66.37

Minimum Annual Increase = -246.17%

Minimum Annual PE Ratio = -69.87

Quarterly (TTM)
Annual
YearPE RatioChange
202313.88-79.08%
202266.37284.90%
202117.24-246.17%
2020-11.80-238.62%
20198.51-69.91%
201828.29188.98%
20179.79-34.18%
201614.87-153.98%
2015-27.55-60.57%
2014-69.87-4.94%

MGM Resorts International (MGM) Average PE Ratio

How has MGM PE Ratio performed in the past?

The current PE Ratio of MGM Resorts International (MGM) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

32.50

5-year avg

18.84

10-year avg

4.97

MGM Resorts International (MGM) PE Ratio vs. Peers

How is MGM’s PE Ratio compared to its peers?

MGM Resorts International’s PE Ratio is greater than Wynn Resorts, Limited (10.51), greater than Caesars Entertainment, Inc. (9.91), greater than Melco Resorts & Entertainment Limited (-14.17), greater than PENN Entertainment, Inc. (-2.68), less than Las Vegas Sands Corp. (18.02), less than Red Rock Resorts, Inc. (0), greater than null (15.62),

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