MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
The chart shows the growth of an initial investment of $10,000 in MGM RESORTS INTERNATIONAL, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
MGM RESORTS INTERNATIONAL (MGM) has returned 0.14% so far this year and 40.75% over the past 12 months. Looking at the last ten years, MGM has achieved an annualized return of 5.33%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
MGM
1M5.55%
6M8.20%
YTD0.14%
1Y40.75%
5Y-2.48%
10Y5.33%
Benchmark (SPY)
1M-1.58%
6M-2.48%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of MGM RESORTS INTERNATIONAL (MGM) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
-8.44%
10.03%
3.44%
-2.06%
2025
-1.18%
6.11%
-15.82%
6.50%
-4.21%
8.93%
5.16%
9.82%
-11.39%
-6.62%
11.04%
3.08%
2024
-2.08%
-1.59%
9.92%
-16.95%
3.21%
10.63%
-3.55%
-6.14%
5.00%
-4.97%
2.60%
-9.93%
2023
22.05%
3.64%
3.30%
1.19%
-13.44%
12.04%
15.78%
-12.55%
-17.39%
-4.93%
12.52%
13.63%
2022
-5.15%
2.52%
-4.90%
-2.98%
-16.72%
-17.94%
13.57%
0.37%
-7.39%
18.65%
0.93%
-8.91%
2021
-9.88%
31.22%
-1.58%
6.46%
4.61%
-1.15%
-12.66%
12.25%
0.70%
8.81%
-16.57%
11.31%
2020
-7.34%
-21.51%
-52.03%
52.86%
10.41%
-2.95%
-5.07%
40.80%
-2.29%
-6.24%
37.34%
9.22%
2019
23.44%
-9.14%
-5.17%
2.23%
-7.39%
14.97%
2.91%
-6.47%
0.07%
2.19%
11.36%
3.77%
2018
10.49%
-6.19%
2.07%
-10.81%
-0.19%
-7.58%
11.28%
-7.26%
-2.75%
-4.48%
1.28%
-13.36%
2017
-0.72%
-8.59%
1.22%
10.71%
3.02%
-2.37%
6.16%
0.33%
-1.72%
6.96%
-2.20%
2016
0.66%
5.93%
-0.22%
5.64%
-0.38%
7.16%
-0.61%
7.73%
0.42%
Performance Indicators
The charts below present risk-adjusted performance metrics for MGM RESORTS INTERNATIONAL (MGM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of MGM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current MGM RESORTS INTERNATIONAL volatility is 2.46%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Liabilities And Equity (USD)
41.37B
42.23B
42.37B
45.69B
40.90B
36.49B
33.88B
30.21B
29.16B
28.17B
25.22B
26.70B
26.11B
26.28B
27.77B
18.96B
Temporary Equity (USD)
21.78M
34.81M
33.36M
158.35M
147.55M
66.54M
105.05M
102.25M
79.78M
54.14M
6.25M
-
-
-
-
-
Equity Attributable To Parent (USD)
2.43B
3.02B
3.81B
4.83B
6.07B
6.50B
7.73B
6.51B
7.61B
6.22B
5.12B
4.09B
4.23B
4.37B
6.09B
3.00B
Equity Attributable To Noncontrolling Interest (USD)
Caesars Entertainment shares have surged nearly 20% on takeover speculation, with billionaire Tilman Fertitta reportedly in talks to acquire the casino giant at roughly $34 per share, compared to current trading around $28. While the company showed revenue growth in Q4 2025, it reported a wider-than-expected loss and faces a high debt load. Analysts remain optimistic with a Moderate Buy consensus, but the stock's gains are heavily dependent on deal confirmation, leaving it vulnerable to pullbacks if negotiations fail.
Investing.com•Jennifer Ryan Woods
AI Insight
Mentioned as a competitor that has outperformed Caesars over recent years, with better debt-to-equity ratio (1.9 vs 3.17) and stronger stock performance. No specific news or developments mentioned; included for comparative context.
Intezer, an AI SOC platform provider, reported significant momentum in 2025, processing over 25 million security alerts across enterprise environments. The company achieved 126% net revenue retention and multiplied revenue year-over-year, with expanding adoption among Fortune 500 organizations. The announcement highlights growing enterprise demand for AI-powered security operations to handle increasing alert volumes and reduce cyber risk.
GlobeNewswire Inc.•Not Specified
AI Insight
Mentioned only as a customer of Intezer's platform. No specific information about MGM Resorts' performance or business impact is provided in the article.
Vici Properties, a casino and hospitality-focused REIT, is highlighted as an attractive high-yield dividend opportunity with a 6% yield, strong profitability margins, and consistent dividend growth. The company owns 54 casinos and 127 million square feet of gaming and hospitality space across North America, generating $2.8 billion in revenue for the first nine months of 2025 with a 66.44% payout ratio that allows room for future dividend increases.
The Motley Fool•James Hires
AI Insight
Mentioned as a primary tenant/operator of Vici Properties' casino properties, but not the focus of the investment recommendation.
Questex's Vibe Conference has announced finalists for the 2026 Vibe Vista Awards, recognizing excellence in on-premise beverage programs across leading hospitality chains, cruise lines, airlines, and hotels. Award winners will be announced at Vibe Conference 2026 in San Diego on February 23-25.
GlobeNewswire Inc.•
AI Insight
MGM Resorts is a finalist in the Best Spirits Program category, reflecting recognition for excellence in spirits-focused beverage initiatives.
The global casino hotel market is projected to grow from $213.09 billion in 2026 to $285.84 billion by 2032, with a CAGR of 4.9%. Growth is driven by digital transformation, personalized guest experiences, and ecosystem-centric business models. Regional strategies must adapt to local regulations and consumer preferences, while operators focus on digital innovation and supply chain resilience.
GlobeNewswire Inc.•Researchandmarkets.Com
AI Insight
Key competitor well-positioned to capitalize on market expansion and digital transformation trends that are central to the forecasted 4.9% CAGR growth.
MGM Resorts International has weathered challenging Las Vegas tourism conditions in 2025, maintaining a slight positive year-to-date stock performance despite flat revenue and declining EBITDA. The company shows potential for stock valuation improvement in 2026 through growth in digital and international segments.
The Motley Fool•Thomas Niel
AI Insight
Experiencing flat revenue, slight EBITDA decline, but showing resilience and potential for growth in digital and international markets with low current valuation
Realty Income, a diversified REIT, made an $800 million preferred equity investment in CityCenter's Las Vegas properties, leveraging its gaming and credit investment verticals. The deal supports the company's strategy of expanding investment opportunities and maintaining its high-yielding monthly dividend.
The Motley Fool•Matt Dilallo
AI Insight
Continues to operate CityCenter properties without direct financial impact from the investment deal
MGM Resorts International has underperformed the S&P 500 over the past 1, 3, and 5 years, with challenges including pandemic recovery, online gaming profitability concerns, and perceptions about Las Vegas's declining appeal.
The Motley Fool•Thomas Niel
AI Insight
Stock has significantly underperformed S&P 500, with -17.4% 1-year return compared to S&P's 13.9%, concerns about Las Vegas market, and uncertainty in online sportsbook segment
Caesars Entertainment is experiencing significant stock challenges, with a 40% year-to-date decline, ongoing Las Vegas tourism weakness, and removal from the S&P 500 index due to market capitalization issues.
The Motley Fool•Todd Shriber
AI Insight
Mentioned as largest Las Vegas Strip operator, but no specific performance details provided
New York-based investment fund HG Vora Capital Management sold its entire $39.1 million stake in Boyd Gaming during Q3, while also exiting MGM and reducing United Parks investments, signaling potential shifts in their leisure sector strategy.
The Motley Fool•Jonathan Ponciano
AI Insight
Fund completely exited its position, indicating reduced confidence in the company's current market positioning
