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MGM Resorts International revenue
MGM Resorts International's revenue is $17.2 billion.
What is MGM Resorts International's revenue?
- MGM Resorts International's revenue growth from 1999 to 2024 is 1,189.56%.
- MGM Resorts International has 74,500 employees, and the revenue per employee ratio is $231,416.
- MGM Resorts International's peak quarterly revenue was $4.4B in 2024(q1).
- MGM Resorts International peak revenue was $17.2B in 2024.
- MGM Resorts International annual revenue for 2023 was 16.2B, 23.13% growth from 2022.
- MGM Resorts International annual revenue for 2024 was 17.2B, 6.66% growth from 2023.
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MGM Resorts International historical revenue
MGM Resorts International's peak revenue was $17.2B in 2024. The peak quarterly revenue was $4.4B in 2024(q1).
MGM Resorts International's revenue increased from $1.3b in 1999 to $17.2B currently. That's a 1,189.56% change in annual revenue.
MGM Resorts International annual revenue
MGM Resorts International annual revenue over time
| Fiscal year / year | MGM Resorts International revenue |
|---|---|
| 2009 | $6.0B |
| 2010 | $6.1B |
| 2011 | $7.8B |
| 2012 | $9.2B |
| 2013 | $9.8B |
| 2014 | $10.1B |
| 2015 | $9.2B |
| 2016 | $9.5B |
| 2017 | $10.8B |
| 2018 | $11.8B |
| 2019 | $12.9B |
| 2020 | $5.2B |
| 2021 | $9.7B |
| 2022 | $13.1B |
| 2023 | $16.2B |
| 2024 | $17.2B |
How accurately did MGM Resorts International's revenue projections match actual performance?
MGM Resorts International annual growth
MGM Resorts International saw the greatest revenue growth in 2000, when revenue increased by 130.63%.
MGM Resorts International had the lowest revenue growth in 2020, when revenue changed by -59.98%.
MGM Resorts International annual growth rate over time
| Year | MGM Resorts International growth |
|---|---|
| 2009 | -17%↓ |
| 2010 | 1%↑ |
| 2011 | 30%↑ |
| 2012 | 17%↑ |
| 2013 | 7%↑ |
| 2014 | 3%↑ |
| 2015 | -9%↓ |
| 2016 | 3%↑ |
| 2017 | 14%↑ |
| 2018 | 9%↑ |
| 2019 | 10%↑ |
| 2020 | -60%↓ |
| 2021 | 88%↑ |
| 2022 | 36%↑ |
| 2023 | 23%↑ |
| 2024 | 7%↑ |
MGM Resorts International quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
MGM Resorts International quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $1.5B | $1.5B | $1.5B | $1.5B |
| 2010 | $1.5B | $1.5B | $1.6B | $1.5B |
| 2011 | $1.5B | $1.8B | $2.2B | $2.3B |
| 2012 | $2.3B | $2.3B | $2.3B | $2.3B |
| 2013 | $2.4B | $2.5B | $2.5B | $2.5B |
| 2014 | $2.6B | $2.6B | $2.5B | $2.4B |
| 2015 | $2.3B | $2.4B | $2.3B | $2.2B |
| 2016 | $2.2B | $2.3B | $2.5B | $2.5B |
| 2017 | $2.7B | $2.7B | $2.8B | $2.6B |
| 2018 | $2.8B | $2.9B | $3.0B | $3.1B |
| 2019 | $3.2B | $3.2B | $3.3B | $3.2B |
| 2020 | $2.3B | $289.8M | $1.1B | $1.5B |
| 2021 | $1.6B | $2.3B | $2.7B | $3.1B |
| 2022 | $2.9B | $3.3B | $3.4B | $3.6B |
| 2023 | $3.9B | $3.9B | $4.0B | $4.4B |
| 2024 | $4.4B | $4.3B | $4.2B | $4.3B |
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MGM Resorts International financial information
| CEO | William Joseph Hornbuckle IV |
| Industry | Consumer Services |
| Company Type | Public |
| Employees Number | 74,500 |
| Date Founded | 1986 |
| Headquarters | Las Vegas, Nevada |
| Number of Locations | 8 |
| Revenue | $17.2B |
| Net Income | $1,473,093,000 |
| Gross Proft | $7.8B (2024) |
| EBITDA | $2.1B (2024) |
| PE Ratio | 19.21 |
| Tax Rate | 0.0% |
| Market Capitalization | $14.3B |
| Total Assets | $45,692,206,000 |
| Ticker | MGM |
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MGM Resorts International financing
MGM Resorts International received early financing of $1.0B on 2018-06-18.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $1B | 06/2018 |
| Post Ipo Equity | $1B | 08/2020 |
MGM Resorts International investors
| Investors | Security type |
|---|---|
| IAC/InterActiveCorp | Post Ipo Equity |
MGM Resorts International competitors
MGM Resorts International's top competitor, Marriott International, earned an annual revenue of $25.1B.
MGM Resorts International's smallest competitor is Visit Las Vegas with revenue of $310.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Wynn Resorts | $40,806 | $7.1B | 30,200 | 235 |
| Las Vegas Sands | $77,220 | $11.3B | 46,000 | 10 |
| MGM Hospitality | $53,901 | $1.1B | 30,000 | - |
| Borgata Hotel Casino & Spa | $31,699 | $730.3M | 5,833 | - |
| Circus Circus | $28,219 | $160.0M | 1,500 | - |
| Golden Nugget | $30,381 | $300.0M | 3,145 | 12 |
| Visit Las Vegas | $32,558 | $310,000 | 6 | 123 |
| Marriott International | $35,662 | $25.1B | 121,000 | 5,236 |
| HOST International | $39,518 | $1.2B | 23,000 | 6 |
| Hilton | $31,661 | $11.2B | 173,000 | 2,692 |
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Zippia gives an in-depth look into the details of MGM Resorts International, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MGM Resorts International. The employee data is based on information from people who have self-reported their past or current employments at MGM Resorts International. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MGM Resorts International. The data presented on this page does not represent the view of MGM Resorts International and its employees or that of Zippia.
MGM Resorts International may also be known as or be related to Grand Name Co. (1986–1987) MGM Grand Inc. (1987–2000) MGM Mirage (2000–2010) and MGM Resorts International.