Last 7 days
8.1%
Last 30 days
0.1%
Last 90 days
32.5%
Trailing 12 Months
5.9%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MAR | 51.6B | 20.8B | -2.01% | -4.94% | 21.87 | 2.48 | 49.91% | 114.56% |
MGM | 16.8B | 13.1B | 0.09% | 5.94% | 11.43 | 1.28 | 35.61% | 17.44% |
WYNN | 12.7B | 3.8B | -0.28% | 40.34% | -29.93 | 3.38 | -0.18% | 43.92% |
MID-CAP | ||||||||
CHDN | 9.6B | 1.8B | 4.67% | 15.90% | 21.88 | 5.31 | 13.31% | 76.40% |
MTN | 9.4B | 2.8B | -0.64% | -8.63% | 28.08 | 3.34 | 29.86% | 54.02% |
WH | 6.9B | 1.5B | -12.23% | -19.52% | 19.42 | 4.6 | -4.28% | 45.49% |
PENN | 4.7B | 6.4B | -3.23% | -30.08% | 21.05 | 0.73 | 8.41% | -47.22% |
SEAS | 4.1B | 1.7B | -5.73% | -17.64% | 14.14 | 2.38 | 15.13% | 13.52% |
FUN | 2.5B | 1.8B | -1.74% | -16.62% | 8.08 | 1.37 | 35.81% | 734.13% |
SIX | 2.2B | 1.4B | -0.19% | -38.60% | 20.4 | 1.64 | -9.26% | -16.16% |
SMALL-CAP | ||||||||
MCRI | 1.4B | 477.9M | -0.46% | -14.99% | 16.18 | 2.96 | 20.86% | 27.73% |
TH | 1.3B | 431.2M | -12.28% | 119.00% | 28.29 | 2.96 | 65.06% | 370.62% |
GDEN | 1.2B | 1.1B | 5.33% | -25.07% | 14.89 | 1.09 | 2.30% | -49.10% |
FLL | 248.7M | 176.3M | -26.00% | -24.77% | -89.66 | 1.31 | 3.79% | -127.31% |
CNTY | 218.9M | 434.1M | -20.50% | -38.66% | 13.7 | 0.5 | 18.60% | -31.64% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 4.3% | 13,127 | 12,592 | 11,884 | 10,887 | 9,680 |
S&GA Expenses | 12.2% | 4,227 | 3,765 | 3,176 | 2,738 | 2,507 |
Costs and Expenses | 8.2% | 11,528 | 10,654 | 7,059 | 8,319 | 7,486 |
EBITDA | 21.4% | 4,981 | 4,102 | 5,857 | 3,770 | - |
EBITDA Margin | 16.5% | 0.38* | 0.33* | 0.50* | 0.35* | - |
Earnings Before Taxes | -16.7% | 904 | 1,085 | 3,892 | 1,821 | 1,462 |
EBT Margin | -20.1% | 0.07* | 0.09* | 0.33* | 0.17* | - |
Interest Expenses | -9.8% | 595 | 659 | 734 | 800 | 800 |
Net Income | 11.6% | 1,473 | 1,320 | 3,247 | 1,568 | 1,254 |
Net Income Margin | 7.0% | 0.11* | 0.10* | 0.28* | 0.14* | - |
Free Cahsflow | -17.0% | 991 | 1,195 | 1,394 | 1,368 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -3.5% | 45,692 | 47,330 | 48,432 | 38,650 | 40,899 |
Current Assets | -7.2% | 8,155 | 8,783 | 9,167 | 4,515 | 6,416 |
Cash Equivalents | 11.6% | 5,912 | 5,295 | 5,784 | 2,719 | 4,703 |
Inventory | 11.2% | 126 | 113 | 115 | 102 | 96.00 |
Net PPE | 2.6% | 5,224 | 5,089 | 5,028 | 14,145 | 14,435 |
Goodwill | 1644.1% | 5,029 | 288 | 4,706 | 3,475 | 3,481 |
Current Liabilities | -23.4% | 4,516 | 5,896 | 5,545 | 3,600 | 3,442 |
Long Term Debt | 2.4% | 8,561 | 8,357 | 11,757 | 12,771 | - |
LT Debt, Current | -4.8% | 1,286 | 1,351 | 1,250 | 1,250 | 1,000 |
LT Debt, Non Current | 3.1% | 7,433 | 7,210 | 7,107 | 10,507 | 11,771 |
Shareholder's Equity | -0.2% | 4,832 | 4,842 | 7,198 | 9,880 | 6,071 |
Retained Earnings | -1.6% | 4,794 | 4,872 | 5,747 | 4,321 | 4,341 |
Additional Paid-In Capital | NaN% | - | - | - | 762 | 1,750 |
Accumulated Depreciation | - | 8,179 | - | - | - | - |
Shares Outstanding | -2.5% | 379 | 389 | 398 | 431 | 454 |
Minority Interest | -61.5% | 379 | 983 | 1,464 | 4,814 | 4,906 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -3.5% | 1,756 | 1,820 | 1,938 | 1,882 | 1,373 |
Share Based Compensation | -1.8% | 71.00 | 73.00 | 76.00 | 72.00 | 65.00 |
Cashflow From Investing | 46.2% | 2,118 | 1,449 | 4,044 | 1,461 | 1,544 |
Cashflow From Financing | 13.6% | -3,024 | -3,501 | -5,783 | -6,293 | -2,814 |
Dividend Payments | -4.6% | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 |
Buy Backs | -11.9% | 2,775 | 3,150 | 3,530 | 2,636 | 1,754 |
79.2%
47.7%
28.1%
Y-axis is the maximum loss one would have experienced if MGM Resorts International was unfortunately bought at previous high price.
14.2%
11.5%
5.7%
55.6%
FIve years rolling returns for MGM Resorts International.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-29 | Diametric Capital, LP | added | 16.19 | 1,304,880 | 5,502,880 | 2.65% |
2023-03-27 | Neo Ivy Capital Management | sold off | -100 | -42,000 | - | -% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -3.88 | 217,378 | 2,792,380 | 0.02% |
2023-03-17 | American Portfolios Advisors | reduced | -0.46 | 9,464 | 441,254 | 0.02% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -3.39 | 20,726 | 257,726 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 19.26 | 1,463,060 | 5,696,060 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -2.16 | 169,000 | 1,798,000 | 0.01% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -37.00 | -6,698 | 17,302 | 0.01% |
2023-02-28 | Voya Investment Management LLC | reduced | -0.11 | 15,258,800 | 135,433,000 | 0.19% |
2023-02-27 | ST GERMAIN D J CO INC | new | - | 23,471 | 23,471 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | t. rowe price investment management, inc. | 5.5% | 21,276,150 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 8.87% | 34,064,558 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 5.7% | 21,975,943 | SC 13G/A | |
Aug 26, 2022 | iac inc. | 16.5% | 64,723,602 | SC 13D/A | |
Feb 16, 2022 | iac/interactivecorp | 13.7% | 63,533,902 | SC 13D/A | |
Feb 10, 2022 | vanguard group inc | 8.98% | 42,100,501 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 5.5% | 25,615,689 | SC 13G/A | |
Feb 16, 2021 | capital world investors | 0.0% | 0 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.78% | 43,381,150 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 5.7% | 28,373,425 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 35.77 -19.47% | 44.17 -0.56% | 68.90 55.11% | 107.45 141.90% | 156.99 253.42% |
Current Inflation | 33.22 -25.21% | 40.54 -8.73% | 61.65 38.79% | 94.48 112.70% | 136.65 207.63% |
Very High Inflation | 30.03 -32.40% | 36.06 -18.82% | 52.99 19.29% | 79.30 78.52% | 113.06 154.52% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 23, 2023 | ARS | ARS | |
Mar 23, 2023 | DEF 14A | DEF 14A | |
Mar 23, 2023 | DEFA14A | DEFA14A | |
Mar 02, 2023 | 3 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-01 | Mckinney-James Rose | sold | -124,070 | 43.23 | -2,870 | - |
2023-02-27 | McManus John | sold (taxes) | -3,769 | 42.84 | -88.00 | chief legal admin ofc and secy |
2023-02-27 | McManus John | acquired | - | - | 237 | chief legal admin ofc and secy |
2023-02-27 | HORNBUCKLE WILLIAM | sold (taxes) | -72,999 | 42.84 | -1,704 | ceo and president |
2023-02-27 | SANDERS COREY IAN | sold (taxes) | -65,159 | 42.84 | -1,521 | chief operating officer |
2023-02-27 | HORNBUCKLE WILLIAM | acquired | - | - | 4,604 | ceo and president |
2023-02-27 | SANDERS COREY IAN | acquired | - | - | 4,110 | chief operating officer |
2023-02-24 | HORNBUCKLE WILLIAM | acquired | - | - | 5,658 | ceo and president |
2023-02-24 | HORNBUCKLE WILLIAM | sold (taxes) | -89,204 | 42.6 | -2,094 | ceo and president |
2023-02-24 | Halkyard Jonathan S | sold (taxes) | -45,880 | 42.6 | -1,077 | chief financial officer |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues | |||
Total revenue | $ 13,127,485 | $ 9,680,140 | $ 5,162,082 |
Expenses | |||
General and administrative | 4,226,617 | 2,507,239 | 2,122,333 |
Corporate expense | 479,118 | 422,777 | 460,148 |
Preopening and start-up expenses | 1,876 | 5,094 | 84 |
Property transactions, net | (1,036,997) | (67,736) | 93,567 |
Gain on REIT transactions, net | (2,277,747) | 0 | (1,491,945) |
Gain on consolidation of CityCenter, net | 0 | (1,562,329) | 0 |
Depreciation and amortization | 3,482,050 | 1,150,610 | 1,210,556 |
Total expenses | 11,527,900 | 7,486,264 | 5,847,454 |
Income (loss) from unconsolidated affiliates | (160,213) | 84,823 | 42,938 |
Operating income (loss) | 1,439,372 | 2,278,699 | (642,434) |
Non-operating income (expense) | |||
Interest expense, net of amounts capitalized | (594,954) | (799,593) | (676,380) |
Non-operating items from unconsolidated affiliates | (23,457) | (83,243) | (103,304) |
Other, net | 82,838 | 65,941 | (89,361) |
Total non-operating income (expense) | (535,573) | (816,895) | (869,045) |
Income (loss) before income taxes | 903,799 | 1,461,804 | (1,511,479) |
Benefit (provision) for income taxes | (697,068) | (253,415) | 191,572 |
Net income (loss) | 206,731 | 1,208,389 | (1,319,907) |
Less: Net loss attributable to noncontrolling interests | 1,266,362 | 45,981 | 287,183 |
Net income (loss) attributable to MGM Resorts International | $ 1,473,093 | $ 1,254,370 | $ (1,032,724) |
Earnings (loss) per share | |||
Basic (in dollars per share) | $ 3.52 | $ 2.44 | $ (2.02) |
Diluted (in dollars per share) | $ 3.49 | $ 2.41 | $ (2.02) |
Weighted average common shares outstanding | |||
Basic (in shares) | 409,201 | 481,930 | 494,152 |
Diluted (in shares) | 412,993 | 487,356 | 494,152 |
Casino | |||
Revenues | |||
Total revenue | $ 5,734,173 | $ 5,362,912 | $ 2,871,720 |
Expenses | |||
Expenses | 2,746,576 | 2,551,169 | 1,701,783 |
Rooms | |||
Revenues | |||
Total revenue | 3,057,145 | 1,690,037 | 830,382 |
Expenses | |||
Expenses | 937,272 | 600,942 | 419,156 |
Food and beverage | |||
Revenues | |||
Total revenue | 2,604,238 | 1,391,605 | 696,040 |
Expenses | |||
Expenses | 1,905,625 | 1,034,780 | 674,118 |
Entertainment, retail and other | |||
Revenues | |||
Total revenue | 1,686,236 | 1,009,503 | 518,991 |
Expenses | |||
Expenses | 1,017,817 | 617,635 | 412,705 |
Reimbursed costs | |||
Revenues | |||
Total revenue | 45,693 | 226,083 | 244,949 |
Expenses | |||
Expenses | $ 45,693 | $ 226,083 | $ 244,949 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 5,911,893 | $ 4,703,059 |
Restricted cash | 0 | 500,000 |
Accounts receivable, net | 852,149 | 583,915 |
Inventories | 126,065 | 96,374 |
Income tax receivable | 73,016 | 273,862 |
Prepaid expenses and other | 583,132 | 258,972 |
Assets held for sale | 608,437 | 0 |
Total current assets | 8,154,692 | 6,416,182 |
Property and equipment, net | 5,223,928 | 14,435,493 |
Other assets | ||
Investments in and advances to unconsolidated affiliates | 173,039 | 967,044 |
Goodwill | 5,029,312 | 3,480,997 |
Other intangible assets, net | 1,551,252 | 3,616,385 |
Operating lease right-of-use assets, net | 24,530,929 | 11,492,805 |
Other long-term assets, net | 1,029,054 | 490,210 |
Total other assets | 32,313,586 | 20,047,441 |
Total assets | 45,692,206 | 40,899,116 |
Current liabilities | ||
Accounts and construction payable | 369,817 | 286,196 |
Current portion of long-term debt | 1,286,473 | 1,000,000 |
Accrued interest on long-term debt | 83,451 | 172,624 |
Other accrued liabilities | 2,236,323 | 1,983,444 |
Liabilities related to assets held for sale | 539,828 | 0 |
Total current liabilities | 4,515,892 | 3,442,264 |
Deferred income taxes, net | 2,969,443 | 2,439,364 |
Long-term debt, net | 7,432,817 | 11,770,797 |
Operating lease liabilities | 25,149,299 | 11,802,464 |
Other long-term obligations | 256,282 | 319,914 |
Commitments and contingencies (Note 12) | ||
Redeemable noncontrolling interests | 158,350 | 147,547 |
Stockholders' equity | ||
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 379,087,524 and 453,803,759 shares | 3,791 | 4,538 |
Capital in excess of par value | 0 | 1,750,135 |
Retained earnings | 4,794,239 | 4,340,588 |
Accumulated other comprehensive income (loss) | 33,499 | (24,616) |
Total MGM Resorts International stockholders' equity | 4,831,529 | 6,070,645 |
Noncontrolling interests | 378,594 | 4,906,121 |
Total stockholders' equity | 5,210,123 | 10,976,766 |
Total liabilities and stockholders' equity | $ 45,692,206 | $ 40,899,116 |