MGM Resorts InternationalFRA:MGG +2.48%80 Net Margin % is 2.81% as of Mar. 2026, which is 69% below its 10-year median of 9.15. 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 847 Travel & Leisure companies, MGM Resorts International ranks worse than 65.05% on this metric.
The historical rank and industry rank for MGM Resorts International's Net Margin % or its related term are showing as below:
FRA:MGG'
s Net Margin % Range Over the Past 10 Years
Min: -20.01 Med: 9.15 Max: 18.08
Current: 1.03
FRA:MGG's Net Margin % is ranked worse than 65.05% of 847
companies
in the Travel & Leisure industry
Industry Median: 4.78
vs FRA:MGG: 1.03
MGM Resorts International (FRA:MGG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
MGM Resorts International Net Margin % Related Terms
MGM Resorts International Net Margin % Historical Data
* 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:MGG vs WYNN, BYD, CZR: Net Margin % Comparison
For the Resorts & Casinos subindustry, MGM Resorts International's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Net Margin % distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Net Margin % falls into.
* 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 (FRA:MGG) has a Net Margin % of 2.81% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on MGM Resorts International and its competitors. This is 69% below median its historical median of 9.15. According to the industry distribution chart, MGM Resorts International ranks #551 out of 847 companies in the Travel & Leisure industry, placing it in the top 65.1%.
Is MGM Resorts International's Net Margin % too high?
MGM Resorts International's current Net Margin % of 2.81% is 69% below median its 10-year median of 9.15. The Travel & Leisure industry median Net Margin % is 4.78. MGM Resorts International's value of 2.81% is 41.2% below this industry median. Based on the distribution chart, MGM Resorts International ranks #551 out of 847 companies in the Travel & Leisure industry, which is below 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 Net Margin % compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #551 out of 847 companies for Net Margin %. This places MGM Resorts International in the lower half of its industry. The industry median Net Margin % is 4.78. MGM Resorts International's value of 2.81% is 41.2% below this benchmark. While the company's 10-year median is 9.15 vs. the industry median of 4.78, MGM Resorts International has consistently been below 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 Net Margin % for a Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.78, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current Net Margin % of 2.81% is 41.2% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on MGM Resorts International and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current Net Margin % is 2.81%, which is 69% below median its own 10-year median of 9.15. 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 Net Margin % is 2.81%, which is 69% below median its 10-year median of 9.15 and 41.2% below the Travel & Leisure industry median of 4.78. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current Net Margin % is 2.81% 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:
Net Margin %: 2.81% (69% below median its 10-year median of 9.15)
GF Value™: €41.33 vs. price of €42.60 (3.1% above fair value)
Industry Position: 41.2% below the Travel & Leisure median (#551 of 847)
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 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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