MGM Resorts International Ratios | P/E, ROE & Valuation

On the Key Ratios page for MGM Resorts International (MGM), the latest P/E of 24.8 frames valuation, while ROE 16.96% and ROIC 2.70% indicates profitability and capital efficiency. Together with the current ratio of 1.33 and debt-to-equity 11.87, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MGM Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$69.92$56.08$45.54$32.08$20.09$10.45$24.61$21.61$18.87$16.64
Net Income per Share$1.68$2.43$3.22$0.51$2.60$-2.67$3.91$0.86$3.41$1.94
Operating Cash Flow per Share$10.39$7.69$7.58$4.29$2.85$-3.02$3.45$3.16$3.86$2.70
Free Cash Flow per Share$6.58$3.94$4.96$2.42$1.83$-3.57$2.04$0.43$0.60$-1.28
Cash per Share$10.03$7.86$8.25$14.45$9.76$10.32$4.44$2.81$2.62$2.55
Book Value per Share$13.29$12.10$12.31$13.12$23.08$22.76$24.36$19.42$20.43$17.64
Tangible Book Value per Share$-10.44$-10.22$-7.11$-2.96$8.36$11.15$13.08$8.83$10.50$7.25
Interest Debt per Share$119.11$104.27$90.37$84.53$52.90$43.90$31.50$29.22$23.73$24.08
CAPEX per Share$3.81$3.74$2.63$1.87$1.02$0.55$1.41$2.73$3.26$3.98

MGM Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)24.8114.2713.8866.3717.24-11.88.5128.299.7914.87
Price to Book (P/B)4.193.524.162.843.562.392.262.032.522.63
Price to Sales (P/S)0.590.620.981.052.233.021.351.121.771.73
Enterprise Value to EBITDA18.9516.6616.2223.6624.2856.3411.310.6811.889.96
EV to Sales2.122.312.763.184.36.12.392.282.832.95
EV to Operating Cash Flow14.2916.8716.5623.830.3-21.091715.5613.8318.2
EV to Free Cash Flow22.5632.8825.3342.1747.15-17.8528.72113.7489.14-38.33
Enterprise Value$37.73B$39.85B$44.55B$41.80B$41.62B$31.49B$30.77B$26.81B$30.52B$27.92B

MGM Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)16.96%24.69%29.97%4.28%20.66%-20.29%26.52%7.17%25.76%17.71%
Return on Invested Capital (ROIC)2.70%3.62%4.29%-0.97%1.35%-5.22%9.92%4.96%14.22%7.89%
Return on Tangible Assets1.26%2.11%3.22%0.53%3.71%-4.29%7.33%1.91%8.32%4.95%
Earnings Yield4.05%7.01%7.20%1.51%5.80%-8.48%11.75%3.54%10.22%6.72%
Free Cash Flow Yield16.04%11.38%11.09%7.23%4.08%-11.33%6.14%1.79%1.79%-4.45%
Dividend Yield0.00%0.00%0.00%0.03%0.02%0.50%1.56%1.97%1.32%0.00%

MGM Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio1.331.31.571.811.863.211.260.860.760.97
Interest Coverage2.493.364.11-3.050.79-3.084.651.912.562.99
Income Quality3.922.222.058.51.141.130.822.951.061.24
Debt to Equity11.8710.458.37.044.073.232.032.321.72.09
Debt to Assets74.90%74.85%74.62%74.40%60.37%57.59%46.24%50.09%44.27%46.10%
Net Debt to EBITDA13.7212.2110.4415.8911.6628.484.95.424.444.12

MGM Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover14.5812.9715.114.1911.299.229.3817.1618.4617.42
Payables Turnover23.4522.7618.5317.9917.5824.2332.322.8724.2821.94
Inventory Turnover80.466.8360.3752.7752.239.0973.962.4360.5456.23
Days Sales Outstanding25.0428.1324.1725.7232.3439.5938.921.2719.7720.96
Days Payables Outstanding15.5616.0319.720.2920.7715.0711.315.9615.0316.64
Days of Inventory on Hand4.545.466.056.926.999.344.945.856.036.49

MGM Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA18.9516.6616.2223.6624.2856.3411.310.6811.889.96
Market Cap$10.43B$10.65B$15.86B$13.72B$21.63B$15.57B$17.44B$13.20B$19.11B$16.38B
Enterprise Value$37.73B$39.85B$44.55B$41.80B$41.62B$31.49B$30.77B$26.81B$30.52B$27.92B
Dividend Yield0.00%0.00%0.00%0.03%0.02%0.50%1.56%1.97%1.32%0.00%
Payout Ratio0.00%0.00%0.00%1.96%0.38%-5.88%13.24%55.83%12.91%0.00%

Frequently Asked Questions

How does MGM Resorts International’s P/E ratio compare with its history?

On this page, MGM's current P/E is 24.8, compared with a multi-year average around 22.0. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is MGM Resorts International market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $10.43B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does MGM Resorts International’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with MGM Resorts International's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does MGM Resorts International compare to its competitors in key financial ratios?

The fastest way to compare MGM Resorts International with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see MGM Resorts International outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do MGM Resorts International's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that MGM Resorts International is financially strong. Current ratio is about 1.33, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 2.49, implying a stronger ability to cover interest expenses. Debt-to-equity is about 11.87, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do MGM Resorts International's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If MGM Resorts International is sustaining strong returns (for example ROE at 16.96% and ROIC at 2.70%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.