MGM Resorts International annual debt-to-equity ratio
2009
2010
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2024
2025
MGM Resorts International Debt-to-Equity Ratio Growth & History (MGM)
MGM Resorts International's debt-to-equity ratio was 12.99 for fiscal 2025.
View full MGM Resorts International company overviewMGM Resorts International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 12.99 | 2.45 | +23.26% |
| 2024 | 2024-12-31 | 10.54 | 2.23 | +26.90% |
| 2023 | 2023-12-31 | 8.30 | 1.25 | +17.69% |
| 2022 | 2022-12-31 | 7.05 | 2.97 | +72.90% |
| 2021 | 2021-12-31 | 4.08 | 0.85 | +26.30% |
| 2020 | 2020-12-31 | 3.23 | 1.21 | +59.92% |
| 2019 | 2019-12-31 | 2.02 | −0.30 | −13.06% |
| 2018 | 2018-12-31 | 2.32 | 0.62 | +36.38% |
| 2017 | 2017-12-31 | 1.70 | −0.39 | −18.49% |
| 2016 | 2016-12-31 | 2.09 | −0.39 | −15.82% |
| 2015 | 2015-12-31 | 2.48 | −0.95 | −27.77% |
| 2014 | 2014-12-31 | 3.44 | 0.25 | +7.78% |
| 2013 | 2013-12-31 | 3.19 | 0.08 | +2.46% |
| 2012 | 2012-12-31 | 3.11 | 0.90 | +40.64% |
| 2011 | 2011-12-31 | 2.21 | −1.90 | −46.13% |
| 2010 | 2010-12-31 | 4.11 | 0.48 | +13.14% |
| 2009 | 2009-12-31 | 3.63 | — | — |
MGM Resorts International quarterly debt-to-equity ratio
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Q2.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 12.00 | 1.37 | +12.93% |
| Q1 2026 | 2026-03-31 | 13.02 | 1.85 | +16.61% |
| Q4 2025 | 2025-12-31 | 12.99 | 2.45 | +23.26% |
| Q3 2025 | 2025-09-30 | 11.78 | 1.75 | +17.42% |
| Q2 2025 | 2025-06-30 | 10.62 | 0.74 | +7.50% |
| Q1 2025 | 2025-03-31 | 11.17 | 1.99 | +21.67% |
| Q4 2024 | 2024-12-31 | 10.54 | 2.23 | +26.90% |
| Q3 2024 | 2024-09-30 | 10.03 | 2.01 | +25.02% |
| Q2 2024 | 2024-06-30 | 9.88 | 2.63 | +36.22% |
| Q1 2024 | 2024-03-31 | 9.18 | 2.52 | +37.89% |
| Q4 2023 | 2023-12-31 | 8.30 | 1.25 | +17.69% |
| Q3 2023 | 2023-09-30 | 8.02 | 1.02 | +14.50% |
| Q2 2023 | 2023-06-30 | 7.25 | 1.37 | +23.30% |
| Q1 2023 | 2023-03-31 | 6.66 | 1.97 | +42.05% |
| Q4 2022 | 2022-12-31 | 7.05 | 2.97 | +72.90% |
| Q3 2022 | 2022-09-30 | 7.01 | 3.41 | +94.54% |
| Q2 2022 | 2022-06-30 | 5.88 | 2.46 | +71.63% |
| Q1 2022 | 2022-03-31 | 4.69 | 1.22 | +35.21% |
| Q4 2021 | 2021-12-31 | 4.08 | 0.85 | +26.30% |
| Q3 2021 | 2021-09-30 | 3.60 | 0.68 | +23.19% |
| Q2 2021 | 2021-06-30 | 3.43 | 0.72 | +26.46% |
| Q1 2021 | 2021-03-31 | 3.47 | 0.97 | +38.84% |
| Q4 2020 | 2020-12-31 | 3.23 | 1.21 | +59.92% |
| Q3 2020 | 2020-09-30 | 2.92 | 0.36 | +14.09% |
| Q2 2020 | 2020-06-30 | 2.71 | 0.37 | +15.75% |
| Q1 2020 | 2020-03-31 | 2.50 | 0.24 | +10.68% |
| Q4 2019 | 2019-12-31 | 2.02 | −0.30 | −13.06% |
| Q3 2019 | 2019-09-30 | 2.56 | 0.40 | +18.38% |
| Q2 2019 | 2019-06-30 | 2.34 | 0.37 | +18.66% |
| Q1 2019 | 2019-03-31 | 2.26 | 0.45 | +25.17% |
| Q4 2018 | 2018-12-31 | 2.32 | 0.62 | +36.38% |
| Q3 2018 | 2018-09-30 | 2.16 | 0.03 | +1.22% |
| Q2 2018 | 2018-06-30 | 1.97 | −0.05 | −2.63% |
| Q1 2018 | 2018-03-31 | 1.80 | −0.25 | −12.28% |
| Q4 2017 | 2017-12-31 | 1.70 | −0.39 | −18.49% |
| Q3 2017 | 2017-09-30 | 2.14 | 0.07 | +3.56% |
| Q2 2017 | 2017-06-30 | 2.03 | −0.21 | −9.31% |
| Q1 2017 | 2017-03-31 | 2.05 | −0.43 | −17.38% |
| Q4 2016 | 2016-12-31 | 2.09 | −0.39 | −15.82% |
| Q3 2016 | 2016-09-30 | 2.07 | −0.11 | −5.02% |
| Q2 2016 | 2016-06-30 | 2.23 | −0.06 | −2.66% |
| Q1 2016 | 2016-03-31 | 2.49 | −0.92 | −27.07% |
| Q4 2015 | 2015-12-31 | 2.48 | −0.95 | −27.77% |
| Q3 2015 | 2015-09-30 | 2.17 | −0.75 | −25.56% |
| Q2 2015 | 2015-06-30 | 2.30 | −0.60 | −20.81% |
| Q1 2015 | 2015-03-31 | 3.41 | 0.43 | +14.51% |
| Q4 2014 | 2014-12-31 | 3.44 | 0.25 | +7.78% |
| Q3 2014 | 2014-09-30 | 2.92 | −0.14 | −4.47% |
| Q2 2014 | 2014-06-30 | 2.90 | −0.16 | −5.16% |
| Q1 2014 | 2014-03-31 | 2.98 | −0.15 | −4.91% |
| Q4 2013 | 2013-12-31 | 3.19 | 0.08 | +2.46% |
| Q3 2013 | 2013-09-30 | 3.06 | 0.57 | +22.83% |
| Q2 2013 | 2013-06-30 | 3.06 | 0.72 | +30.95% |
| Q1 2013 | 2013-03-31 | 3.13 | 0.86 | +37.76% |
| Q4 2012 | 2012-12-31 | 3.11 | 0.90 | +40.64% |
| Q3 2012 | 2012-09-30 | 2.49 | 0.34 | +15.66% |
| Q2 2012 | 2012-06-30 | 2.33 | 0.35 | +17.66% |
| Q1 2012 | 2012-03-31 | 2.27 | −1.87 | −45.08% |
| Q4 2011 | 2011-12-31 | 2.21 | −1.90 | −46.13% |
| Q3 2011 | 2011-09-30 | 2.15 | −2.82 | −56.68% |
| Q2 2011 | 2011-06-30 | 1.98 | −2.60 | −56.67% |
| Q1 2011 | 2011-03-31 | 4.14 | — | — |
| Q4 2010 | 2010-12-31 | 4.11 | 0.48 | +13.14% |
| Q3 2010 | 2010-09-30 | 4.97 | — | — |
| Q2 2010 | 2010-06-30 | 4.58 | — | — |
| Q4 2009 | 2009-12-31 | 3.63 | — | — |
MGM Resorts International debt-to-equity ratio trends
Over the last five fiscal years, MGM Resorts International's debt-to-equity ratio increased from 3.23 to 12.99, a change of 9.76. The latest reported quarter, Q2 2026, shows 12.00.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MGM Resorts International source filings ↗