MGM Resorts International annual debt-to-ebitda ratio
2011
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2025
MGM Resorts International Debt-to-EBITDA Ratio Growth & History (MGM)
MGM Resorts International's debt-to-ebitda ratio was 15.62 for fiscal 2025.
View full MGM Resorts International company overviewMGM Resorts International annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 15.62 | 1.90 | +13.87% |
| 2024 | 2024-12-31 | 13.72 | 2.03 | +17.33% |
| 2023 | 2023-12-31 | 11.69 | 4.77 | +68.86% |
| 2022 | 2022-12-31 | 6.93 | −0.30 | −4.11% |
| 2021 | 2021-12-31 | 7.22 | −29.76 | −80.47% |
| 2020 | 2020-12-31 | 36.99 | 34.01 | +1142.78% |
| 2019 | 2019-12-31 | 2.98 | −2.74 | −47.93% |
| 2018 | 2018-12-31 | 5.72 | 0.94 | +19.80% |
| 2017 | 2017-12-31 | 4.77 | 0.33 | +7.42% |
| 2016 | 2016-12-31 | 4.44 | −14.72 | −76.82% |
| 2015 | 2015-12-31 | 19.16 | 12.58 | +191.41% |
| 2014 | 2014-12-31 | 6.57 | −0.20 | −2.89% |
| 2013 | 2013-12-31 | 6.77 | −6.19 | −47.75% |
| 2012 | 2012-12-31 | 12.95 | 10.19 | +368.70% |
| 2011 | 2011-12-31 | 2.76 | — | — |
MGM Resorts International quarterly debt-to-ebitda ratio
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Q3.11
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Q3.12
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Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.34 | 0.71 | +5.21% |
| Q1 2026 | 2026-03-31 | 16.15 | 2.22 | +15.91% |
| Q4 2025 | 2025-12-31 | 15.62 | 1.90 | +13.87% |
| Q3 2025 | 2025-09-30 | 16.45 | 3.19 | +24.04% |
| Q2 2025 | 2025-06-30 | 13.63 | 0.78 | +6.03% |
| Q1 2025 | 2025-03-31 | 13.93 | 0.85 | +6.50% |
| Q4 2024 | 2024-12-31 | 13.72 | 2.03 | +17.33% |
| Q3 2024 | 2024-09-30 | 13.26 | 4.17 | +45.86% |
| Q2 2024 | 2024-06-30 | 12.86 | 3.12 | +31.99% |
| Q1 2024 | 2024-03-31 | 13.08 | 7.18 | +121.69% |
| Q4 2023 | 2023-12-31 | 11.69 | 4.77 | +68.86% |
| Q3 2023 | 2023-09-30 | 9.09 | 0.95 | +11.65% |
| Q2 2023 | 2023-06-30 | 9.74 | 4.10 | +72.71% |
| Q1 2023 | 2023-03-31 | 5.90 | −0.38 | −6.06% |
| Q4 2022 | 2022-12-31 | 6.93 | −0.30 | −4.11% |
| Q3 2022 | 2022-09-30 | 8.14 | −0.98 | −10.70% |
| Q2 2022 | 2022-06-30 | 5.64 | −59.43 | −91.33% |
| Q1 2022 | 2022-03-31 | 6.28 | — | — |
| Q4 2021 | 2021-12-31 | 7.22 | −29.76 | −80.47% |
| Q3 2021 | 2021-09-30 | 9.12 | 4.00 | +78.35% |
| Q2 2021 | 2021-06-30 | 65.08 | 60.81 | +1425.31% |
| Q4 2020 | 2020-12-31 | 36.99 | 34.01 | +1142.78% |
| Q3 2020 | 2020-09-30 | 5.11 | −0.86 | −14.38% |
| Q2 2020 | 2020-06-30 | 4.27 | −1.28 | −23.09% |
| Q1 2020 | 2020-03-31 | 3.33 | −2.33 | −41.14% |
| Q4 2019 | 2019-12-31 | 2.98 | −2.74 | −47.93% |
| Q3 2019 | 2019-09-30 | 5.97 | 0.04 | +0.64% |
| Q2 2019 | 2019-06-30 | 5.55 | 0.15 | +2.75% |
| Q1 2019 | 2019-03-31 | 5.66 | 0.53 | +10.25% |
| Q4 2018 | 2018-12-31 | 5.72 | 0.94 | +19.80% |
| Q3 2018 | 2018-09-30 | 5.93 | 1.02 | +20.75% |
| Q2 2018 | 2018-06-30 | 5.40 | 0.89 | +19.73% |
| Q1 2018 | 2018-03-31 | 5.13 | 0.98 | +23.73% |
| Q4 2017 | 2017-12-31 | 4.77 | 0.33 | +7.42% |
| Q3 2017 | 2017-09-30 | 4.91 | −4.11 | −45.55% |
| Q2 2017 | 2017-06-30 | 4.51 | −7.90 | −63.65% |
| Q1 2017 | 2017-03-31 | 4.15 | −18.22 | −81.46% |
| Q4 2016 | 2016-12-31 | 4.44 | −14.72 | −76.82% |
| Q3 2016 | 2016-09-30 | 9.02 | 3.00 | +49.72% |
| Q2 2016 | 2016-06-30 | 12.40 | 6.08 | +96.17% |
| Q1 2016 | 2016-03-31 | 22.37 | 15.49 | +225.06% |
| Q4 2015 | 2015-12-31 | 19.16 | 12.58 | +191.41% |
| Q3 2015 | 2015-09-30 | 6.03 | 0.18 | +3.03% |
| Q2 2015 | 2015-06-30 | 6.32 | 0.43 | +7.34% |
| Q1 2015 | 2015-03-31 | 6.88 | 0.70 | +11.25% |
| Q4 2014 | 2014-12-31 | 6.57 | −0.20 | −2.89% |
| Q3 2014 | 2014-09-30 | 5.85 | −4.24 | −42.04% |
| Q2 2014 | 2014-06-30 | 5.89 | −5.19 | −46.85% |
| Q1 2014 | 2014-03-31 | 6.19 | −5.82 | −48.48% |
| Q4 2013 | 2013-12-31 | 6.77 | −6.19 | −47.75% |
| Q3 2013 | 2013-09-30 | 10.09 | 1.08 | +12.05% |
| Q2 2013 | 2013-06-30 | 11.08 | 2.35 | +26.98% |
| Q1 2013 | 2013-03-31 | 12.01 | 9.33 | +347.74% |
| Q4 2012 | 2012-12-31 | 12.95 | 10.19 | +368.70% |
| Q3 2012 | 2012-09-30 | 9.01 | 6.20 | +221.34% |
| Q2 2012 | 2012-06-30 | 8.73 | 5.85 | +203.40% |
| Q1 2012 | 2012-03-31 | 2.68 | — | — |
| Q4 2011 | 2011-12-31 | 2.76 | — | — |
| Q3 2011 | 2011-09-30 | 2.80 | — | — |
| Q2 2011 | 2011-06-30 | 2.88 | — | — |
MGM Resorts International debt-to-ebitda ratio trends
Over the last five fiscal years, MGM Resorts International's debt-to-ebitda ratio decreased from 36.99 to 15.62, a change of −21.36. The latest reported quarter, Q2 2026, shows 14.34.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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