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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. MGM Resorts International's current 3-Year Share Buyback Ratio was 12.00%.
The historical rank and industry rank for MGM Resorts International's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:MGG'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -26 Med: -1.6 Max: 13.4
Current: 12
During the past 13 years, MGM Resorts International's highest 3-Year Share Buyback Ratio was 13.40%. The lowest was -26.00%. And the median was -1.60%.
FRA:MGG's 3-Year Share Buyback Ratio is ranked better than 99.34% of 458
companies
in the Travel & Leisure industry
Industry Median: -0.75
vs FRA:MGG: 12.00
MGM Resorts International (FRA:MGG) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
MGM Resorts International 3-Year Share Buyback Ratio Related Terms
FRA:MGG vs WYNN, CZR, BYD: 3-Year Share Buyback Ratio Comparison
For the Resorts & Casinos subindustry, MGM Resorts International's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's 3-Year Share Buyback Ratio falls into.
MGM Resorts International 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 12.00 mean?
MGM Resorts International (FRA:MGG) has a 3-Year Share Buyback Ratio of 12.00 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for MGM Resorts International and its competitors. According to the industry distribution chart, MGM Resorts International ranks #3 out of 458 companies in the Travel & Leisure industry, placing it in the top 0.7%.
Is MGM Resorts International's 3-Year Share Buyback Ratio too high?
MGM Resorts International's current 3-Year Share Buyback Ratio is 12.00. Based on the distribution chart, MGM Resorts International ranks #3 out of 458 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, MGM Resorts International has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's 3-Year Share Buyback Ratio compare to WYNN and CZR?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #3 out of 458 companies for 3-Year Share Buyback Ratio. This places MGM Resorts International in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Travel & Leisure company?
A good 3-Year Share Buyback Ratio depends on the Travel & Leisure industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for MGM Resorts International and its competitors. MGM Resorts International's current 3-Year Share Buyback Ratio is 12.00. 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 Modestly Undervalued. The stock's GF Value™ is €41.83, compared to a current price of €35.50 — trading 15.1% below its estimated fair value. The current 3-Year Share Buyback Ratio is 12.00. MGM Resorts International's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current 3-Year Share Buyback Ratio is 12.00 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 (FRA:MGG) Overvalued in 2026?
Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued.
The current stock price of €35.50 is trading 15.1% below its estimated GF Value™ of €41.83.
GuruFocus considers MGM Resorts International to be Modestly Undervalued.
Key valuation signals for FRA:MGG:
3-Year Share Buyback Ratio: 12.00
GF Value™: €41.83 vs. price of €35.50 (15.1% below fair value)
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.
82GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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