MGM Resorts International (FRA:MGG) EBITDA Margin %: 12.72% (As of Mar. 2026) — 45% Below Median


FRA:MGG MGM Resorts International FRA:MGG
80 GF Score
Price €42.60
GF Value €41.33
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International EBITDA Margin %?

MGM Resorts International FRA:MGG +1.14% 80 EBITDA Margin % is 12.72% as of Mar. 2026, which is 45% below its 10-year median of 23.12. GuruFocus rates FRA:MGG with a GF Score™ of 80/100 and a GF Value™ of €41.33 (Fairly Valued). The stock has 10 warning signs investors should review. Among 845 Travel & Leisure companies, MGM Resorts International ranks worse than 64.38% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. MGM Resorts International's EBITDA for the three months ended in Mar. 2026 was €490 Mil. MGM Resorts International's Revenue for the three months ended in Mar. 2026 was €3,853 Mil. Therefore, MGM Resorts International's EBITDA margin for the quarter that ended in Mar. 2026 was 12.72%.


MGM Resorts International  (FRA:MGG) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


MGM Resorts International EBITDA Margin % Related Terms


MGM Resorts International EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's EBITDA Margin % 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 EBITDA Margin % Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.25 37.94 17.00 13.87 9.79

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
EBITDA Margin % 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 14.27 10.93 3.37 10.47 12.72

FRA:MGG vs WYNN, BYD, CZR: EBITDA Margin % Comparison

For the Resorts & Casinos subindustry, MGM Resorts International's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's EBITDA Margin % falls into.


FRA:MGG
80GF Score
MGM Resorts International FRA:MGG
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

MGM Resorts International's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1466.843/14977.181
=9.79 %

MGM Resorts International's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=490.163/3853.331
=12.72 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 12.72% mean?
MGM Resorts International (FRA:MGG) has a EBITDA Margin % of 12.72% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on MGM Resorts International and its competitors. This is 45% below median its historical median of 23.12. Over the past decade, MGM Resorts International's EBITDA Margin % has ranged from 7.27 to 38.76. According to the industry distribution chart, MGM Resorts International ranks #544 out of 845 companies in the Travel & Leisure industry, placing it in the top 64.4%.
Is MGM Resorts International's EBITDA Margin % too high?
MGM Resorts International's current EBITDA Margin % of 12.72% is 45% below median its 10-year median of 23.12. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 38.76. The Travel & Leisure industry median EBITDA Margin % is 15.67. MGM Resorts International's value of 12.72% is 18.8% below this industry median. Based on the distribution chart, MGM Resorts International ranks #544 out of 845 companies in the Travel & Leisure industry, which is below the industry midpoint. 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 EBITDA Margin % compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #544 out of 845 companies for EBITDA Margin %. This places MGM Resorts International in the lower half of its industry. The industry median EBITDA Margin % is 15.67. MGM Resorts International's value of 12.72% is 18.8% below this benchmark. Historically, MGM Resorts International's own EBITDA Margin % has ranged from 7.27 to 38.76 over the past decade. While the company's 10-year median is 23.12 vs. the industry median of 15.67, MGM Resorts International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Travel & Leisure company?
The median EBITDA Margin % among Travel & Leisure companies is 15.67, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current EBITDA Margin % of 12.72% is 18.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on MGM Resorts International and its competitors. For the Travel & Leisure industry, the median EBITDA Margin % is 15.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current EBITDA Margin % is 12.72%, which is 45% below median its own 10-year median of 23.12. 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 €41.33, compared to a current price of €42.60 — trading 3.1% above its estimated fair value. The current EBITDA Margin % is 12.72%, which is 45% below median its 10-year median of 23.12 and 18.8% below the Travel & Leisure industry median of 15.67. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current EBITDA Margin % is 12.72% 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 3.1% above its estimated GF Value™ of €41.33. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for FRA:MGG:

  • EBITDA Margin %: 12.72% (45% below median its 10-year median of 23.12)
  • GF Value™: €41.33 vs. price of €42.60 (3.1% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 18.8% below the Travel & Leisure median (#544 of 845)

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.
80GF Score

Get the complete analysis for FRA:MGG

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.60
Price
€41.33
GF Value