MGM Resorts International (FRA:MGG) FCF Margin %: 9.27% (As of Mar. 2026) — 27% Above 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 FCF Margin %?

MGM Resorts International FRA:MGG +1.14% 80 FCF Margin % is 9.27% as of Mar. 2026, which is 27% above its 10-year median of 7.29. 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 844 Travel & Leisure companies, MGM Resorts International ranks better than 58.06% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. MGM Resorts International's Free Cash Flow for the three months ended in Mar. 2026 was €357 Mil. MGM Resorts International's Revenue for the three months ended in Mar. 2026 was €3,853 Mil. Therefore, MGM Resorts International's FCF Margin % for the quarter that ended in Mar. 2026 was 9.27%.

As of today, MGM Resorts International's current FCF Yield % is 12.87%.

The historical rank and industry rank for MGM Resorts International's FCF Margin % or its related term are showing as below:

FRA:MGG' s FCF Margin % Range Over the Past 10 Years
Min: -34.16   Med: 7.29   Max: 10.88
Current: 8.78


During the past 13 years, the highest FCF Margin % of MGM Resorts International was 10.88%. The lowest was -34.16%. And the median was 7.29%.

FRA:MGG's FCF Margin % is ranked better than
58.06% of 844 companies
in the Travel & Leisure industry
Industry Median: 5.86 vs FRA:MGG: 8.78


MGM Resorts International FCF Margin % Related Terms


MGM Resorts International FCF Margin % Historical Data

* Premium members only.

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

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 7.55 10.88 7.03 8.33

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
FCF 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 7.46 8.57 9.54 7.79 9.27

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

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

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

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


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1247.225/14977.181
=8.33 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=357.353/3853.331
=9.27 %

* 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 FCF Margin % →
What does a FCF Margin % of 9.27% mean?
MGM Resorts International (FRA:MGG) has a FCF Margin % of 9.27% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MGM Resorts International and its competitors. This is 27% above median its historical median of 7.29. According to the industry distribution chart, MGM Resorts International ranks #354 out of 844 companies in the Travel & Leisure industry, placing it in the top 41.9%.
Is MGM Resorts International's FCF Margin % too high?
MGM Resorts International's current FCF Margin % of 9.27% is 27% above median its 10-year median of 7.29. The Travel & Leisure industry median FCF Margin % is 5.86. MGM Resorts International's value of 9.27% is 58.2% above this industry median. Based on the distribution chart, MGM Resorts International ranks #354 out of 844 companies in the Travel & Leisure industry, which is above 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 FCF Margin % compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #354 out of 844 companies for FCF Margin %. This puts MGM Resorts International in the upper half of its industry. The industry median FCF Margin % is 5.86. MGM Resorts International's value of 9.27% is 58.2% above this benchmark. While the company's 10-year median is 7.29 vs. the industry median of 5.86, MGM Resorts International has consistently been above 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 FCF Margin % for a Travel & Leisure company?
The median FCF Margin % among Travel & Leisure companies is 5.86, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current FCF Margin % of 9.27% is 58.2% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MGM Resorts International and its competitors. For the Travel & Leisure industry, the median FCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current FCF Margin % is 9.27%, which is 27% above median its own 10-year median of 7.29. 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 FCF Margin % is 9.27%, which is 27% above median its 10-year median of 7.29 and 58.2% above the Travel & Leisure industry median of 5.86. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current FCF Margin % is 9.27% 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:

  • FCF Margin %: 9.27% (27% above median its 10-year median of 7.29)
  • GF Value™: €41.33 vs. price of €42.60 (3.1% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 58.2% above the Travel & Leisure median (#354 of 844)

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

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

€42.60
Price
€41.33
GF Value