Melco Resorts and Entertainment (STU:MAS) Pre-Tax Income: €167 Mil (TTM As of Mar. 2026)

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STU:MAS Melco Resorts and Entertainment Ltd STU:MAS
76 GF Score
Price €4.76
GF Value €7.23
Valuation Possible Value Trap
! 4 Warning Signs
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What is Melco Resorts and Entertainment Pre-Tax Income?

Melco Resorts and Entertainment STU:MAS +1.28% 76 Pre-Tax Income is €167 Mil as of Mar. 2026. GuruFocus rates STU:MAS with a GF Score™ of 76/100 and a GF Value™ of €7.23 (Possible Value Trap). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Melco Resorts and Entertainment's pretax income for the three months ended in Mar. 2026 was €67 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was €167 Mil. Melco Resorts and Entertainment's pretax margin was 5.71%.

During the past 13 years, Melco Resorts and Entertainment's highest Pretax Margin was 7.02%. The lowest was -84.35%. And the median was 0.76%.


Melco Resorts and Entertainment  (STU:MAS) Pre-Tax Income Explanation

Melco Resorts and Entertainment's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=67.47/1182.208
=5.71%

During the past 13 years, Melco Resorts and Entertainment's highest Pretax Margin was 7.02%. The lowest was -84.35%. And the median was 0.76%.

* 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.


Melco Resorts and Entertainment Pre-Tax Income Related Terms


Melco Resorts and Entertainment Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Melco Resorts and Entertainment's Pre-Tax Income 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.

Melco Resorts and Entertainment Pre-Tax Income Chart

Melco Resorts and Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -843.92 -1,030.78 -368.55 -6.06 126.64

Melco Resorts and Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income 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 29.93 18.43 53.60 27.13 67.47

STU:MAS vs LVS, MGM, WYNN: Pre-Tax Income Comparison

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Melco Resorts and Entertainment Pre-Tax Income vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Melco Resorts and Entertainment's Pre-Tax Income falls into.


STU:MAS
76GF Score
Melco Resorts and Entertainment Ltd STU:MAS
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melco Resorts and Entertainment Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Melco Resorts and Entertainment's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=555.944+-33.801+-397.028+7.244+-5.7239999999999
=127

Melco Resorts and Entertainment's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=155.065+9.777+-96.723+0.858+-1.507
=67

Pre-Tax Income 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 €167 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 Pre-Tax Income →
What does a Pre-Tax Income of €167 Mil mean?
Melco Resorts and Entertainment (STU:MAS) has a Pre-Tax Income of €167 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Melco Resorts and Entertainment and its competitors.
Is Melco Resorts and Entertainment's Pre-Tax Income too high?
Melco Resorts and Entertainment's current Pre-Tax Income is €167 Mil. Overall, Melco Resorts and Entertainment has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco Resorts and Entertainment's Pre-Tax Income compare to LVS and MGM?
Melco Resorts and Entertainment's Pre-Tax Income of €167 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 Pre-Tax Income for a Travel & Leisure company?
A good Pre-Tax Income depends on the Travel & Leisure industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Melco Resorts and Entertainment and its competitors. Melco Resorts and Entertainment's current Pre-Tax Income is €167 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco Resorts and Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Melco Resorts and Entertainment (STU:MAS) is currently considered Possible Value Trap. The stock's GF Value™ is €7.23, compared to a current price of €4.76 — trading 34.2% below its estimated fair value. The current Pre-Tax Income is €167 Mil. Melco Resorts and Entertainment's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Melco Resorts and Entertainment (STU:MAS), the current Pre-Tax Income is €167 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 Melco Resorts and Entertainment (STU:MAS) Overvalued in 2026?

Based on GuruFocus' analysis, Melco Resorts and Entertainment stock appears to be undervalued. The current stock price of €4.76 is trading 34.2% below its estimated GF Value™ of €7.23. GuruFocus considers Melco Resorts and Entertainment to be Possible Value Trap.

Key valuation signals for STU:MAS:

  • Pre-Tax Income: €167 Mil
  • GF Value™: €7.23 vs. price of €4.76 (34.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the STU:MAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melco Resorts and Entertainment Business Description

Address 60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.
76GF Score

Get the complete analysis for STU:MAS

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.76
Price
€7.23
GF Value