GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (BSP:M1GM34) » Definitions » Gross-Profit-to-Asset %

MGM Resorts International (BSP:M1GM34) Gross-Profit-to-Asset % : 18.07% (As of Mar. 2025)


View and export this data going back to 2019. Start your Free Trial

What is MGM Resorts International Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. MGM Resorts International's annualized Gross Profit for the quarter that ended in Mar. 2025 was R$45,079 Mil. MGM Resorts International's average Total Assets over the quarter that ended in Mar. 2025 was R$249,469 Mil. Therefore, MGM Resorts International's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 18.07%.


MGM Resorts International Gross-Profit-to-Asset % Historical Data

The historical data trend for MGM Resorts International's Gross-Profit-to-Asset % 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.

* Premium members only.

MGM Resorts International Gross-Profit-to-Asset % Chart

MGM Resorts International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 12.55 14.42 16.67 20.58

MGM Resorts International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross-Profit-to-Asset % 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 19.32 19.86 17.92 19.27 18.07

Competitive Comparison of MGM Resorts International's Gross-Profit-to-Asset %

For the Resorts & Casinos subindustry, MGM Resorts International's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where MGM Resorts International's Gross-Profit-to-Asset % falls into.


;
;

MGM Resorts International Gross-Profit-to-Asset % Calculation

MGM Resorts International's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=47874.571/( (207597.411+257655.156)/ 2 )
=47874.571/232626.2835
=20.58 %

MGM Resorts International's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=45078.992/( (257655.156+241282.315)/ 2 )
=45078.992/249468.7355
=18.07 %

* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


MGM Resorts International Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of MGM Resorts International's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM Resorts International Business Description

Traded in Other Exchanges
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 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). 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 new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

MGM Resorts International Headlines

No Headlines