MGM Resorts International annual free cash flow
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2025
MGM Resorts International Free Cash Flow (FCF) History (MGM)
MGM Resorts International reported $1.46B in free cash flow for fiscal 2025, an increase of 20.51% from the previous fiscal year, with a free cash flow margin of 8.33%.
View full MGM Resorts International company overviewMGM Resorts International free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.46B | $248.5M | +20.51% | +8.33% |
| 2024 | 2024-12-31 | $1.21B | −$547.1M | −31.10% | +7.03% |
| 2023 | 2023-12-31 | $1.76B | $767.6M | +77.42% | +10.88% |
| 2022 | 2022-12-31 | $991.4M | $108.7M | +12.31% | +7.55% |
| 2021 | 2021-12-31 | $882.7M | $2.65B | — | +9.12% |
| 2020 | 2020-12-31 | −$1.76B | −$2.84B | — | −34.16% |
| 2019 | 2019-12-31 | $1.07B | $835.7M | +354.57% | +8.31% |
| 2018 | 2018-12-31 | $235.7M | −$106.6M | −31.15% | +2.00% |
| 2017 | 2017-12-31 | $342.3M | $1.07B | — | +3.17% |
| 2016 | 2016-12-31 | −$728.5M | −$266.8M | — | −7.69% |
| 2015 | 2015-12-31 | −$461.7M | −$720.4M | — | −5.02% |
| 2014 | 2014-12-31 | $258.6M | −$489.7M | −65.44% | +2.57% |
| 2013 | 2013-12-31 | $748.3M | $261.7M | +53.79% | +7.63% |
| 2012 | 2012-12-31 | $486.6M | $112.7M | +30.14% | +5.31% |
| 2011 | 2011-12-31 | $373.9M | $77.4M | +26.09% | +4.76% |
| 2010 | 2010-12-31 | $296.5M | −$154.5M | −34.26% | +4.90% |
| 2009 | 2009-12-31 | $451.1M | $479.8M | — | +7.50% |
| 2008 | 2008-12-31 | −$28.7M | — | — | −0.40% |
MGM Resorts International quarterly free cash flow
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $317.4M | −$60.0M | −15.89% | +7.13% |
| Q1 2026 | 2026-03-31 | $413.1M | $94.1M | +29.49% | +9.27% |
| Q4 2025 | 2025-12-31 | $358.5M | $91.0M | +34.01% | +7.79% |
| Q3 2025 | 2025-09-30 | $405.4M | $74.3M | +22.42% | +9.54% |
| Q2 2025 | 2025-06-30 | $377.4M | $141.4M | +59.93% | +8.57% |
| Q1 2025 | 2025-03-31 | $319.0M | −$58.2M | −15.42% | +7.46% |
| Q4 2024 | 2024-12-31 | $267.5M | −$119.6M | −30.90% | +6.16% |
| Q3 2024 | 2024-09-30 | $331.2M | −$153.1M | −31.62% | +7.92% |
| Q2 2024 | 2024-06-30 | $236.0M | −$87.2M | −26.99% | +5.45% |
| Q1 2024 | 2024-03-31 | $377.2M | −$187.0M | −33.15% | +8.60% |
| Q4 2023 | 2023-12-31 | $387.2M | $272.5M | +237.58% | +8.85% |
| Q3 2023 | 2023-09-30 | $484.3M | $303.5M | +167.83% | +12.19% |
| Q2 2023 | 2023-06-30 | $323.2M | −$53.7M | −14.26% | +8.20% |
| Q1 2023 | 2023-03-31 | $564.2M | $245.3M | +76.93% | +14.57% |
| Q4 2022 | 2022-12-31 | $114.7M | −$203.5M | −63.95% | +3.19% |
| Q3 2022 | 2022-09-30 | $180.8M | −$198.7M | −52.35% | +5.29% |
| Q2 2022 | 2022-06-30 | $377.0M | $25.4M | +7.23% | +11.55% |
| Q1 2022 | 2022-03-31 | $318.9M | $485.4M | — | +11.17% |
| Q4 2021 | 2021-12-31 | $318.2M | $654.6M | — | +10.41% |
| Q3 2021 | 2021-09-30 | $379.5M | $581.0M | — | +14.02% |
| Q2 2021 | 2021-06-30 | $351.5M | $1.08B | — | +15.50% |
| Q1 2021 | 2021-03-31 | −$166.5M | $329.5M | — | −10.11% |
| Q4 2020 | 2020-12-31 | −$336.4M | −$534.5M | — | −22.53% |
| Q3 2020 | 2020-09-30 | −$201.5M | −$428.6M | — | −17.89% |
| Q2 2020 | 2020-06-30 | −$729.7M | −$1.16B | — | −251.77% |
| Q1 2020 | 2020-03-31 | −$496.0M | −$712.6M | — | −22.02% |
| Q4 2019 | 2019-12-31 | $198.1M | $133.9M | +208.75% | +6.22% |
| Q3 2019 | 2019-09-30 | $227.1M | $287.0M | — | +6.85% |
| Q2 2019 | 2019-06-30 | $429.7M | $357.3M | +493.90% | +13.33% |
| Q1 2019 | 2019-03-31 | $216.5M | $57.5M | +36.15% | +6.82% |
| Q4 2018 | 2018-12-31 | $64.2M | −$165.5M | −72.07% | +2.10% |
| Q3 2018 | 2018-09-30 | −$59.8M | −$106.0M | — | −1.98% |
| Q2 2018 | 2018-06-30 | $72.3M | −$44.8M | −38.24% | +2.53% |
| Q1 2018 | 2018-03-31 | $159.0M | $209.7M | — | +5.64% |
| Q4 2017 | 2017-12-31 | $229.7M | $416.9M | — | +8.84% |
| Q3 2017 | 2017-09-30 | $46.1M | $230.5M | — | +1.63% |
| Q2 2017 | 2017-06-30 | $117.2M | $271.2M | — | +4.42% |
| Q1 2017 | 2017-03-31 | −$50.6M | $152.3M | — | −1.86% |
| Q4 2016 | 2016-12-31 | −$187.2M | $11.7M | — | −7.54% |
| Q3 2016 | 2016-09-30 | −$184.4M | −$68.4M | — | −7.33% |
| Q2 2016 | 2016-06-30 | −$154.0M | −$123.9M | — | −6.79% |
| Q1 2016 | 2016-03-31 | −$202.9M | −$86.2M | — | −9.18% |
| Q4 2015 | 2015-12-31 | −$198.9M | −$52.2M | — | −9.08% |
| Q3 2015 | 2015-09-30 | −$116.0M | −$88.0M | — | −5.09% |
| Q2 2015 | 2015-06-30 | −$30.1M | −$365.4M | — | −1.26% |
| Q1 2015 | 2015-03-31 | −$116.7M | −$214.7M | — | −5.00% |
| Q4 2014 | 2014-12-31 | −$146.7M | — | — | −6.15% |
| Q3 2014 | 2014-09-30 | −$28.0M | −$257.0M | — | −1.13% |
| Q2 2014 | 2014-06-30 | $335.3M | — | — | +12.99% |
| Q1 2014 | 2014-03-31 | $98.0M | $803,000 | +0.83% | +3.73% |
| Q3 2013 | 2013-09-30 | $229.0M | −$45.5M | −16.57% | +9.30% |
| Q1 2013 | 2013-03-31 | $97.2M | −$80.7M | −45.35% | +4.13% |
| Q4 2012 | 2012-12-31 | −$83.9M | −$153.1M | — | −3.66% |
| Q3 2012 | 2012-09-30 | $274.5M | $181.5M | +195.23% | +12.17% |
| Q2 2012 | 2012-06-30 | $118.1M | −$104.1M | −46.86% | +5.08% |
| Q1 2012 | 2012-03-31 | $177.9M | $188.4M | — | +7.78% |
| Q4 2011 | 2011-12-31 | $69.2M | $24.5M | +54.86% | +3.01% |
| Q3 2011 | 2011-09-30 | $93.0M | $111.9M | — | +4.16% |
| Q2 2011 | 2011-06-30 | $222.2M | −$147.4M | −39.87% | +12.30% |
| Q1 2011 | 2011-03-31 | −$10.5M | $88.4M | — | −0.69% |
| Q4 2010 | 2010-12-31 | $44.7M | — | — | +3.03% |
| Q3 2010 | 2010-09-30 | −$18.9M | −$120.0M | — | −1.21% |
| Q2 2010 | 2010-06-30 | $369.6M | — | — | +23.89% |
| Q1 2010 | 2010-03-31 | −$98.9M | — | — | −6.74% |
| Q3 2009 | 2009-09-30 | $101.1M | — | — | +6.60% |
MGM Resorts International free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$1.76B to $1.46B, a net increase of $3.22B. MGM Resorts International's latest reported quarter, Q2 2026, generated $317.4M in free cash flow, a decrease of 15.89% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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