MGM Resorts International (FRA:MGG) Purchase Of Property, Plant, Equipment : €-985 Mil (TTM As of Sep. 2024)

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What is MGM Resorts International Purchase Of Property, Plant, Equipment?

MGM Resorts International's purchase of property, plant, equipment for the three months ended in Sep. 2024 was €-303 Mil. It means MGM Resorts International spent €303 Mil on purchasing property, plant, equipment. MGM Resorts International's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Sep. 2024 was €-985Mil.

Compared with last quarter (€-221 Mil in Jun. 2024 ), MGM Resorts International spent more money on purchasing property, plant, equipment in Sep. 2024 (€-303 Mil).

MGM Resorts International Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for MGM Resorts International's Purchase Of Property, Plant, 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.

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MGM Resorts International Purchase Of Property, Plant, Equipment Chart

MGM Resorts International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Property, Plant, Equipment

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-665.11

-222.42

-434.27

-722.22

-854.47

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
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-196.54	-302.12	-158.31	-221.33	-302.96

MGM Resorts International Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-985 Mil.

MGM Resorts International Purchase Of Property, Plant, Equipment Related Terms

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MGM Resorts International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (FRA:MGG) » Definitions » Purchase Of Property, Plant, Equipment

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

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