MGM Resorts International (LTS:0JWC) Interest Expense: $-412 Mil (TTM As of Mar. 2026)

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LTS:0JWC MGM Resorts International LTS:0JWC
80 GF Score
Price $46.73
GF Value $46.74
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International Interest Expense?

MGM Resorts International LTS:0JWC +0.49% 80 Interest Expense is $-412 Mil as of Mar. 2026. GuruFocus rates LTS:0JWC with a GF Score™ of 80/100 and a GF Value™ of $46.74 (Fairly Valued). The stock has 10 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGM Resorts International's interest expense for the three months ended in Mar. 2026 was $ -101 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-412 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MGM Resorts International's Operating Income for the three months ended in Mar. 2026 was $ 306 Mil. MGM Resorts International's Interest Expense for the three months ended in Mar. 2026 was $ -101 Mil. MGM Resorts International's Interest Coverage for the quarter that ended in Mar. 2026 was 3.04. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGM Resorts International  (LTS:0JWC) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGM Resorts International's Interest Expense for the three months ended in Mar. 2026 was $-101 Mil. Its Operating Income for the three months ended in Mar. 2026 was $306 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $31,336 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*306.413/-100.689
=3.04

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MGM Resorts International interest coverage is 2.98, which is low.

MGM Resorts International Interest Expense Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's Interest Expense 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 Interest Expense Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -799.59 -594.95 -460.29 -443.23 -419.04

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
Interest Expense 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 -107.27 -105.58 -102.29 -103.90 -100.69
LTS:0JWC
80GF Score
MGM Resorts International LTS:0JWC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-412 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-412 Mil mean?
MGM Resorts International (LTS:0JWC) has a Interest Expense of $-412 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Interest Expense too high?
MGM Resorts International's current Interest Expense is $-412 Mil. 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 Interest Expense compare to WYNN and BYD?
MGM Resorts International's Interest Expense of $-412 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 Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Interest Expense is $-412 Mil. 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 (LTS:0JWC) is currently considered Fairly Valued. The stock's GF Value™ is $46.74, compared to a current price of $46.73 — trading 0% below its estimated fair value. The current Interest Expense is $-412 Mil. 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MGM Resorts International (LTS:0JWC), the current Interest Expense is $-412 Mil 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 (LTS:0JWC) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued. The current stock price of $46.73 is trading 0% below its estimated GF Value™ of $46.74. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for LTS:0JWC:

  • Interest Expense: $-412 Mil
  • GF Value™: $46.74 vs. price of $46.73 (0% below fair value)
  • GF Score™: 80/100 with 10 warning signs

No single metric tells the full story. See the LTS:0JWC 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.73
Price
$46.74
GF Value