MGM Resorts Income Statement
MGM / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MGM Resorts reported $17.5B in revenue and $206M in net income for FY2025. Revenue has grown at a 7.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.58 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.5B | $17.2B | $9.7B | $5.2B | $12.9B | $11.8B | $10.8B | $9.5B | $10.8B | $9.5B | $9.2B | $9.2B | $2.4B | $6.1B | $6.0B |
| SG&A Expense | $4.9B | $4.8B | $2.5B | $2.1B | $2.1B | $1.8B | $1.6B | $1.4B | $1.6B | $1.4B | $1.3B | $1.2B | $1.3B | $1.1B | $1.1B |
| Operating Income | $1.0B | $1.5B | $2.3B | -$642.4M | $3.9B | $1.5B | $1.7B | $2.1B | $1.7B | $2.1B | -$156.2M | $121.4M | $1.1B | -$1.2B | -$963.9M |
| Interest Expense | - | - | $799.6M | $676.4M | $847.9M | $769.5M | $668.7M | $694.8M | $668.7M | $694.8M | $797.6M | $1.1B | $857.3M | $1.1B | $775.4M |
| Income Tax | -$240.1M | $52.5M | $253.4M | -$191.6M | $632.3M | $50.1M | -$1.1B | $21.7M | -$1.1B | $21.7M | -$6.6M | -$117.3M | $20.8M | -$778.6M | -$720.9M |
| Net Income | $205.9M | $746.6M | $1.3B | -$1.0B | $2.0B | $466.8M | $2.0B | $1.1B | $2.0B | $1.1B | -$447.7M | -$1.8B | -$171.7M | -$1.4B | -$1.3B |
| EPS (Basic) | $0.77 | $3.52 | $2.44 | -$2.02 | $3.90 | $0.82 | $3.38 | $1.94 | -$0.82 | -$0.31 | -$0.35 | -$3.62 | $6.37 | -$3.19 | -$3.41 |
| EPS (Diluted) | $0.76 | $3.49 | $2.41 | -$2.02 | $3.88 | $0.81 | $3.34 | $1.92 | -$0.82 | -$0.31 | -$0.35 | -$3.62 | $5.62 | -$3.19 | -$3.41 |
| Shares Outstanding | 258.3M | 326.6M | 379.1M | 453.8M | 494.3M | 503.1M | 527.5M | 566.3M | 574.1M | 564.8M | 491.3M | 490.4M | 489.2M | 488.8M | 488.5M |
| Operating Margin | 5.7% | 8.6% | 23.5% | -12.4% | 30.6% | 12.5% | 15.9% | 21.9% | 15.9% | 21.9% | -1.7% | 1.3% | 48.4% | -19.1% | -16.0% |
| Profit Margin | 1.2% | 4.3% | 13.0% | -20.0% | 15.9% | 4.0% | 18.1% | 11.6% | 18.1% | 11.6% | -4.9% | -19.3% | -7.3% | -23.7% | -21.5% |