Company / Interest Expense
MGM Resorts Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$799.6M
FY2023
5-year range
$676.4M / $847.9M
FY2019-FY2023
Trend
+18.2%
vs FY2022
Sector context
#3 of 70
Consumer Discretionary
What the data says
Among 70 Consumer Discretionary companies, MGM Resorts is in the bottom 4% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from $669M in FY2019 to $848M in FY2021.
Based on SEC 10-K filings.
$800M in FY2023 with a 5-year CAGR of +2.9%. Ranks 3rd among 70 companies in Consumer Discretionary.
Improved from $848M to $800M over the past 2 years.
Consumer Discretionary sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +1.3%
- 5-Year CAGR
- +2.9%
- 10-Year CAGR
- -
Sector benchmark
+397.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.9%, indicating consistent growth.
- In FY2023, interest expense increased 18.2% year-over-year.
- Ranks #3 out of 70 companies in the Consumer Discretionary sector.
- Peak interest expense was recorded in FY2021.
Company context
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.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $799.6M | +18.2% |
| FY2022 | $676.4M | -20.2% |
| FY2021 | $847.9M | +10.2% |
| FY2020 | $769.5M | +15.1% |
| FY2019 | $668.7M | -3.7% |
| FY2018 | $694.8M | +3.9% |
| FY2017 | $668.7M | -3.7% |
| FY2016 | $694.8M | -12.9% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026