MGM Resorts International (FRA:MGG) Construction In Progress: €0 Mil (As of Mar. 2026)


FRA:MGG MGM Resorts International FRA:MGG
78 GF Score
Price €42.60
GF Value €40.64
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International Construction In Progress?

MGM Resorts International FRA:MGG +2.48% 78 Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus rates FRA:MGG with a GF Score™ of 78/100 and a GF Value™ of €40.64 (Fairly Valued). The stock has 10 warning signs investors should review.

MGM Resorts International's quarterly construction in progress increased from Sep. 2025 (€0 Mil) to Dec. 2025 (€324 Mil) but then declined from Dec. 2025 (€324 Mil) to Mar. 2026 (€0 Mil).

MGM Resorts International's annual construction in progress increased from Dec. 2023 (€464 Mil) to Dec. 2024 (€574 Mil) but then declined from Dec. 2024 (€574 Mil) to Dec. 2025 (€324 Mil).

MGM Resorts International Construction In Progress Historical Data

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The historical data trend for MGM Resorts International's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGM Resorts International Construction In Progress Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.98 611.01 464.22 573.90 324.14

MGM Resorts International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 324.14 0.00
FRA:MGG
78GF Score
MGM Resorts International FRA:MGG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €0 Mil mean?
MGM Resorts International (FRA:MGG) has a Construction In Progress of €0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Construction In Progress too high?
MGM Resorts International's current Construction In Progress is €0 Mil. Overall, MGM Resorts International has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Construction In Progress compare to WYNN and BYD?
MGM Resorts International's Construction In Progress of €0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Construction In Progress is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM Resorts International stock overvalued right now?
Based on GuruFocus' analysis, MGM Resorts International (FRA:MGG) is currently considered Fairly Valued. The stock's GF Value™ is €40.64, compared to a current price of €42.60 — trading 4.8% above its estimated fair value. The current Construction In Progress is €0 Mil. MGM Resorts International's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGM Resorts International (FRA:MGG) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be overvalued. The current stock price of €42.60 is trading 4.8% above its estimated GF Value™ of €40.64. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for FRA:MGG:

  • Construction In Progress: €0 Mil
  • GF Value™: €40.64 vs. price of €42.60 (4.8% above fair value)
  • GF Score™: 78/100 with 10 warning signs

No single metric tells the full story. See the FRA:MGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGM Resorts International Business Description

Address 3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
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.
78GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.60
Price
€40.64
GF Value