MGM Resorts International (MEX:MGM) Property, Plant and Equipment: MXN485,813 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:MGM MGM Resorts International MEX:MGM
67 GF Score
Price MXN804.00
GF Value MXN835.57
Valuation Fairly Valued
! 8 Warning Signs
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What is MGM Resorts International Property, Plant and Equipment?

MGM Resorts International MEX:MGM 67 Property, Plant and Equipment is MXN485,813 Mil as of Jun. 2026. GuruFocus rates MEX:MGM with a GF Score™ of 67/100 and a GF Value™ of MXN835.57 (Fairly Valued). The stock has 8 warning signs investors should review.

MGM Resorts International's quarterly net PPE declined from Dec. 2025 (MXN527,717 Mil) to Mar. 2026 (MXN524,373 Mil) and declined from Mar. 2026 (MXN524,373 Mil) to Jun. 2026 (MXN485,813 Mil).

MGM Resorts International's annual net PPE increased from Dec. 2023 (MXN500,350 Mil) to Dec. 2024 (MXN620,008 Mil) but then declined from Dec. 2024 (MXN620,008 Mil) to Dec. 2025 (MXN527,717 Mil).


MGM Resorts International  (MEX:MGM) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


MGM Resorts International Property, Plant and Equipment Related Terms


MGM Resorts International Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531,893.11 580,100.69 500,350.06 620,007.55 527,716.84

MGM Resorts International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Property, Plant and Equipment 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 555,497.16 539,480.91 527,716.84 524,372.92 485,813.47
MEX:MGM
67GF Score
MGM Resorts International MEX:MGM
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of MXN485,813 Mil mean?
MGM Resorts International (MEX:MGM) has a Property, Plant and Equipment of MXN485,813 Mil as of Jun. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Property, Plant and Equipment too high?
MGM Resorts International's current Property, Plant and Equipment is MXN485,813 Mil. Overall, MGM Resorts International has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Property, Plant and Equipment compare to WYNN and BYD?
MGM Resorts International's Property, Plant and Equipment of MXN485,813 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 Property, Plant and Equipment for a Travel & Leisure company?
A good Property, Plant and Equipment depends on the Travel & Leisure industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Property, Plant and Equipment is MXN485,813 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 (MEX:MGM) is currently considered Fairly Valued. The stock's GF Value™ is MXN835.57, compared to a current price of MXN804.00 — trading 3.8% below its estimated fair value. The current Property, Plant and Equipment is MXN485,813 Mil. MGM Resorts International's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For MGM Resorts International (MEX:MGM), the current Property, Plant and Equipment is MXN485,813 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 Resorts International (MEX:MGM) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued. The current stock price of MXN804.00 is trading 3.8% below its estimated GF Value™ of MXN835.57. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for MEX:MGM:

  • Property, Plant and Equipment: MXN485,813 Mil
  • GF Value™: MXN835.57 vs. price of MXN804.00 (3.8% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the MEX:MGM 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.
67GF Score

Get the complete analysis for MEX:MGM

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN804.00
Price
MXN835.57
GF Value