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MGM Resorts International (MGM)

MGM Resorts International (MGM)
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MGM Resorts International is a holding company which owns and operates casino resorts through wholly owned subsidiaries. The company's resorts portfolio incorporates unique hotel offerings, including some of the most familiar resort brands in the industry such as Bellagio, MGM Grand, Mandalay Bay and The Mirage. The company reports under three segments: Las Vegas Strip, Regional Operations, MGM China and Management and other operations. MGM China's operations consist of the MGM Macau resort and casino and the company is currently developing an integrated casino, hotel, and entertainment resort on the Cotai Strip in the region. MGM Resorts created a controlled real estate investment trust named MGM Growth Properties LLC. MGM Growth Properties LLC, a premier real estate investment trust engaged in the acquisition, ownership and leasing of large-scale resorts. The company's superior business model, extensive non-gaming revenue opportunities, high-quality assets and property locations are primary growth drivers.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 17,240,539 16,164,250 13,127,490 9,680,140 5,162,080
Sales Growth +6.66% +23.13% +35.61% +87.52% -59.98%
Net Income 746,560 1,142,180 1,473,090 1,254,370 -997,200
Net Income Growth -34.64% -22.46% +17.44% +225.79% -148.73%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 42,231,629 42,368,551 45,692,211 40,899,121 36,494,930
Total Assets Growth -0.32% -7.27% +11.72% +12.07% +7.73%
Total Liabilities 38,546,480 38,034,398 40,482,078 29,922,350 25,315,029
Total Liabilities Growth +1.35% -6.05% +35.29% +18.20% +19.33%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 2,362,500 2,690,780 1,756,460 1,373,420 -1,493,040
Operating Cash Flow Growth -12.20% +53.19% +27.89% +191.99% -182.47%
Net Cash Flow -511,830 -3,021,490 833,330 101,420 2,772,030
Change in Net Cash Flow +83.06% -462.58% +721.66% -96.34% +245.28%
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