MGM Resorts
MGM
$42.42
Share price
0.90%
Change (1 day)
-4.87%
Change (1 year)
Categories
MGM Resorts International is an American company based in Las Vegas that operates hotels and casinos.
Operating Margin for MGM Resorts (MGM)
Operating Margin as of April 2024 (TTM): -1.97%
According to MGM Resorts 's latest financial reports and stock price the company's current Operating Margin is -1.97%. At the end of 2022 the company had an Operating Margin of 6.88%.
Operating Margin history for MGM Resorts from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.88% | -54.41% |
| 2021 | 15.10% | -151.57% |
| 2020 | -29.28% | -232.68% |
| 2019 | 22.07% | 309.44% |
| 2018 | 5.39% | -39.43% |
| 2017 | 8.90% | -33.18% |
| 2016 | 13.32% | -216.98% |
| 2015 | -11.38% | -379.34% |
| 2014 | 4.08% | 355.52% |
| 2013 | 0.89% | -104.73% |
| 2012 | -18.93% | -152.48% |
| 2011 | 36.07% | -197.99% |
| 2010 | -36.82% | 9.36% |
| 2009 | -33.66% | 262.74% |
| 2008 | -9.28% | -133.07% |
| 2007 | 28.06% | 105.92% |
| 2006 | 13.63% | 30.11% |
| 2005 | 10.47% | -20.14% |
| 2004 | 13.11% | 44.93% |
| 2003 | 9.05% | -21.77% |
| 2002 | 11.57% | 67.08% |
| 2001 | 6.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Las Vegas Sands LVS | 12.04% | -711.17% | 🇺🇸 USA |
 Wynn Resorts
WYNN | -18.63% | 845.69% | 🇺🇸 USA |
 Penn National Gaming
PENN | 2.73% | -238.58% | 🇺🇸 USA |
 Monarch Casino & Resort MCRI | 22.80% | -1,257.36% | 🇺🇸 USA |
 Century Casinos CNTY | 7.24% | -467.51% | 🇺🇸 USA |
 Boyd Gaming
BYD | 24.22% | -1,329.44% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.