MGM (MGM Resorts International) Debt-to-Revenue : 1.76 (As of Mar. 2026)


MGM MGM Resorts International MGM
80 GF Score
Price $47.09
GF Value $46.93
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International Debt-to-Revenue?

MGM Resorts International MGM +0.36% 80 Debt-to-Revenue is 1.76 as of Mar. 2026. GuruFocus rates MGM with a GF Score™ of 80/100 and a GF Value™ of $46.93 (Fairly Valued). The stock has 10 warning signs investors should review.

Debt-to-Revenue measures a company's ability to pay off its debt.

MGM Resorts International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. MGM Resorts International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $31,336 Mil. MGM Resorts International's annualized Revenue for the quarter that ended in Mar. 2026 was $17,819 Mil. MGM Resorts International's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 was 1.76.

MGM Resorts International Debt-to-Revenue Related Terms

MGM Resorts International Debt-to-Revenue Historical Data

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The historical data trend for MGM Resorts International's Debt-to-Revenue 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 Debt-to-Revenue Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.59 1.95 1.83 1.79

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
Debt-to-Revenue 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 1.84 1.77 1.83 1.70 1.76

MGM vs WYNN, BYD, CZR: Debt-to-Revenue Comparison

For the Resorts & Casinos subindustry, MGM Resorts International's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MGM Resorts International Debt-to-Revenue vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's Debt-to-Revenue falls into.


MGM
80GF Score
MGM Resorts International MGM
Debt-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

MGM Resorts International's Debt-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(182.918 + 31192.883) / 17537.683
=1.79

MGM Resorts International's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 31336.426) / 17818.872
=1.76

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2026) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 1.76 mean?
MGM Resorts International (MGM) has a Debt-to-Revenue of 1.76 as of Mar. 2026.
Is MGM Resorts International's Debt-to-Revenue too high?
MGM Resorts International's current Debt-to-Revenue is 1.76. Overall, MGM Resorts International has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Debt-to-Revenue compare to WYNN and BYD?
MGM Resorts International's Debt-to-Revenue of 1.76 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 Debt-to-Revenue for a Travel & Leisure company?
A good Debt-to-Revenue depends on the Travel & Leisure industry context. However, Debt-to-Revenue 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 Debt-to-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. MGM Resorts International's current Debt-to-Revenue is 1.76. 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 (MGM) is currently considered Fairly Valued. The stock's GF Value™ is $46.93, compared to a current price of $47.09 — trading 0.3% above its estimated fair value. The current Debt-to-Revenue is 1.76. MGM Resorts International's overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For MGM Resorts International (MGM), the current Debt-to-Revenue is 1.76 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 (MGM) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be overvalued. The current stock price of $47.09 is trading 0.3% above its estimated GF Value™ of $46.93. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for MGM:

  • Debt-to-Revenue: 1.76
  • GF Value™: $46.93 vs. price of $47.09 (0.3% above fair value)
  • GF Score™: 80/100 with 10 warning signs

No single metric tells the full story. See the MGM 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.
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Debt-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.09
Price
$46.93
GF Value