MGM Resorts International (FRA:MGG) Market Cap : €10,302 Mil (As of Dec. 11, 2024)

View and export this data going back to 1997. Start your Free Trial

What is MGM Resorts International Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MGM Resorts International's share price for the quarter that ended in Sep. 2024 was €35.33. MGM Resorts International's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 297 Mil. Therefore, MGM Resorts International's market cap for the quarter that ended in Sep. 2024 was €10,489 Mil.

MGM Resorts International's quarterly market cap declined from Mar. 2024 (€13,480 Mil) to Jun. 2024 (€12,551 Mil) and declined from Jun. 2024 (€12,551 Mil) to Sep. 2024 (€10,489 Mil).

MGM Resorts International's annual market cap declined from Dec. 2021 (€17,957 Mil) to Dec. 2022 (€11,689 Mil) but then increased from Dec. 2022 (€11,689 Mil) to Dec. 2023 (€13,269 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MGM Resorts International's Enterprise Value for Today is €37,827 Mil.

MGM Resorts International Market Cap Historical Data

The historical data trend for MGM Resorts International's Market Cap 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 Market Cap Chart

MGM Resorts International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

Get a 7-Day Free Trial

15,094.44

12,357.95

17,957.02

11,689.18

13,269.36

MGM Resorts International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															11,770.09	13,269.36	13,479.94	12,550.83	10,488.98

Competitive Comparison of MGM Resorts International's Market Cap

For the Resorts & Casinos subindustry, MGM Resorts International's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where MGM Resorts International's Market Cap falls into.

MGM Resorts International Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MGM Resorts International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	€40.635	*	326.55
	=	€13,269

MGM Resorts International's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	€35.33	*	296.886
	=	€10,489

MGM Resorts International (FRA:MGG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

MGM Resorts International Market Cap Related Terms

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

MGM Resorts International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (FRA:MGG) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

MGM:USA MGM:Mexico 0JWC:UK MGG:Germany M1GM34:Brazil

Address

3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.mgmresorts.com

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). 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