MGM Resorts International annual operating margin
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2025
MGM Resorts International Operating Margin Growth & History (MGM)
MGM Resorts International's operating margin was 5.71% for fiscal 2025.
View full MGM Resorts International company overviewMGM Resorts International annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.71% | −2.93 pp |
| 2024 | 2024-12-31 | 8.65% | −3.06 pp |
| 2023 | 2023-12-31 | 11.70% | +0.74 pp |
| 2022 | 2022-12-31 | 10.96% | −12.58 pp |
| 2021 | 2021-12-31 | 23.54% | +35.99 pp |
| 2020 | 2020-12-31 | −12.45% | −42.99 pp |
| 2019 | 2019-12-31 | 30.55% | +18.05 pp |
| 2018 | 2018-12-31 | 12.49% | −3.37 pp |
| 2017 | 2017-12-31 | 15.86% | −6.07 pp |
| 2016 | 2016-12-31 | 21.93% | +23.63 pp |
| 2015 | 2015-12-31 | −1.70% | −14.83 pp |
| 2014 | 2014-12-31 | 13.13% | +1.53 pp |
| 2013 | 2013-12-31 | 11.59% | +10.27 pp |
| 2012 | 2012-12-31 | 1.32% | −50.36 pp |
| 2011 | 2011-12-31 | 51.69% | +70.82 pp |
| 2010 | 2010-12-31 | −19.14% | −3.10 pp |
| 2009 | 2009-12-31 | −16.04% | −14.24 pp |
| 2008 | 2008-12-31 | −1.80% | — |
MGM Resorts International quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.32% | +2.13 pp |
| Q1 2026 | 2026-03-31 | 6.76% | −2.24 pp |
| Q4 2025 | 2025-12-31 | 7.06% | +0.35 pp |
| Q3 2025 | 2025-09-30 | −2.66% | −10.18 pp |
| Q2 2025 | 2025-06-30 | 9.18% | −0.65 pp |
| Q1 2025 | 2025-03-31 | 9.00% | −1.45 pp |
| Q4 2024 | 2024-12-31 | 6.71% | −2.88 pp |
| Q3 2024 | 2024-09-30 | 7.53% | −1.78 pp |
| Q2 2024 | 2024-06-30 | 9.84% | +0.42 pp |
| Q1 2024 | 2024-03-31 | 10.46% | −8.41 pp |
| Q4 2023 | 2023-12-31 | 9.58% | +9.64 pp |
| Q3 2023 | 2023-09-30 | 9.31% | +39.93 pp |
| Q2 2023 | 2023-06-30 | 9.42% | −63.52 pp |
| Q1 2023 | 2023-03-31 | 18.87% | +15.16 pp |
| Q4 2022 | 2022-12-31 | −0.05% | −12.12 pp |
| Q3 2022 | 2022-09-30 | −30.62% | −100.53 pp |
| Q2 2022 | 2022-06-30 | 72.94% | +61.31 pp |
| Q1 2022 | 2022-03-31 | 3.71% | +18.68 pp |
| Q4 2021 | 2021-12-31 | 12.07% | +36.41 pp |
| Q3 2021 | 2021-09-30 | 69.91% | +113.89 pp |
| Q2 2021 | 2021-06-30 | 11.63% | +368.60 pp |
| Q1 2021 | 2021-03-31 | −14.97% | −70.49 pp |
| Q4 2020 | 2020-12-31 | −24.34% | −117.28 pp |
| Q3 2020 | 2020-09-30 | −43.98% | −51.17 pp |
| Q2 2020 | 2020-06-30 | −356.97% | −368.49 pp |
| Q1 2020 | 2020-03-31 | 55.52% | +43.87 pp |
| Q4 2019 | 2019-12-31 | 92.93% | +81.94 pp |
| Q3 2019 | 2019-09-30 | 7.19% | −6.37 pp |
| Q2 2019 | 2019-06-30 | 11.53% | −1.18 pp |
| Q1 2019 | 2019-03-31 | 11.65% | −1.09 pp |
| Q4 2018 | 2018-12-31 | 11.00% | +2.40 pp |
| Q3 2018 | 2018-09-30 | 13.56% | −3.84 pp |
| Q2 2018 | 2018-06-30 | 12.70% | −6.15 pp |
| Q1 2018 | 2018-03-31 | 12.75% | −5.52 pp |
| Q4 2017 | 2017-12-31 | 8.60% | −2.69 pp |
| Q3 2017 | 2017-09-30 | 17.41% | −10.93 pp |
| Q2 2017 | 2017-06-30 | 18.85% | −15.04 pp |
| Q1 2017 | 2017-03-31 | 18.27% | +3.97 pp |
| Q4 2016 | 2016-12-31 | 11.29% | +65.91 pp |
| Q3 2016 | 2016-09-30 | 28.34% | +15.30 pp |
| Q2 2016 | 2016-06-30 | 33.89% | +19.27 pp |
| Q1 2016 | 2016-03-31 | 14.30% | −2.64 pp |
| Q4 2015 | 2015-12-31 | −54.62% | −65.78 pp |
| Q3 2015 | 2015-09-30 | 13.04% | +1.51 pp |
| Q2 2015 | 2015-06-30 | 14.61% | +0.88 pp |
| Q1 2015 | 2015-03-31 | 16.94% | +1.11 pp |
| Q4 2014 | 2014-12-31 | 11.16% | −1.98 pp |
| Q3 2014 | 2014-09-30 | 11.53% | +0.86 pp |
| Q2 2014 | 2014-06-30 | 13.73% | +4.23 pp |
| Q1 2014 | 2014-03-31 | 15.83% | +2.71 pp |
| Q4 2013 | 2013-12-31 | 13.14% | +31.65 pp |
| Q3 2013 | 2013-09-30 | 10.67% | +4.58 pp |
| Q2 2013 | 2013-06-30 | 9.50% | +1.95 pp |
| Q1 2013 | 2013-03-31 | 13.12% | +4.70 pp |
| Q4 2012 | 2012-12-31 | −18.52% | −22.48 pp |
| Q3 2012 | 2012-09-30 | 6.09% | +1.05 pp |
| Q2 2012 | 2012-06-30 | 7.55% | −196.43 pp |
| Q1 2012 | 2012-03-31 | 8.42% | −2.80 pp |
| Q4 2011 | 2011-12-31 | 3.97% | −3.30 pp |
| Q3 2011 | 2011-09-30 | 5.04% | +18.18 pp |
| Q2 2011 | 2011-06-30 | 203.98% | +271.76 pp |
| Q1 2011 | 2011-03-31 | 11.22% | +12.00 pp |
| Q4 2010 | 2010-12-31 | 7.27% | — |
| Q3 2010 | 2010-09-30 | −13.14% | +49.70 pp |
| Q2 2010 | 2010-06-30 | −67.78% | −76.56 pp |
| Q1 2010 | 2010-03-31 | −0.78% | — |
| Q3 2009 | 2009-09-30 | −62.84% | — |
| Q2 2009 | 2009-06-30 | 8.77% | — |
MGM Resorts International operating margin trends
Over the last five fiscal years, MGM Resorts International's operating margin increased from −12.45% to 5.71%, a change of +18.16 percentage points. The latest reported quarter, Q2 2026, shows 11.32%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MGM Resorts International source filings ↗Community posts
People Inc. withdraws its MGM buyout proposal but retains its stake
People Inc. ($PPLI) withdrew its proposal to buy all publicly held MGM Resorts ($MGM) shares that it did not already own. The company said it would retain approximately 66.8 million MGM shares, representing about 27% of the business, while ...
