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MGM China Holdings's gross profit for the
six
months ended in Jun. 2026 was €540 Mil. MGM China Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was €1,433 Mil.
MGM China Holdings (FRA:M04) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
MGM China Holdings had a gross margin of 51.42% for the quarter that ended in Jun. 2026 => Durable competitive advantage
MGM China Holdings Gross Profit Related Terms
MGM China Holdings Gross Profit Historical Data
* Premium members only.
The historical data trend for MGM China Holdings's Gross Profit 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.
FRA:M04 vs LVS, MGM, WYNN: Gross Profit Comparison
For the Resorts & Casinos subindustry, MGM China Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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 China Holdings Gross Profit vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where MGM China Holdings's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,433 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
MGM China Holdings (FRA:M04) has a Gross Profit of €1,433 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on MGM China Holdings and its competitors.
Is MGM China Holdings' Gross Profit too high?
MGM China Holdings' current Gross Profit is €1,433 Mil. Overall, MGM China Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM China Holdings' Gross Profit compare to LVS and MGM?
MGM China Holdings' Gross Profit of €1,433 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 Gross Profit for a Travel & Leisure company?
A good Gross Profit depends on the Travel & Leisure industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on MGM China Holdings and its competitors. MGM China Holdings's current Gross Profit is €1,433 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM China Holdings stock overvalued right now?
Based on GuruFocus' analysis, MGM China Holdings (FRA:M04) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.66, compared to a current price of €1.07 — trading 35.5% below its estimated fair value. The current Gross Profit is €1,433 Mil. MGM China Holdings' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For MGM China Holdings (FRA:M04), the current Gross Profit is €1,433 Mil as of Jun. 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 China Holdings (FRA:M04) Overvalued in 2026?
Based on GuruFocus' analysis, MGM China Holdings stock appears to be undervalued.
The current stock price of €1.07 is trading 35.5% below its estimated GF Value™ of €1.66.
GuruFocus considers MGM China Holdings to be Significantly Undervalued.
Key valuation signals for FRA:M04:
Gross Profit: €1,433 Mil
GF Value™: €1.66 vs. price of €1.07 (35.5% below fair value)
No single metric tells the full story. See the FRA:M04 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGM China is one of six casino license holders in Macao. It operates two integrated resorts: the MGM Macau in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.
71GF Score
Get the complete analysis for FRA:M04
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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