MGM Resorts
MGM
#2408
Rank
$7.66 B
Marketcap
$30.48
Share price
0.03%
Change (1 day)
-12.14%
Change (1 year)
MGM Resorts International is an American company based in Las Vegas that operates hotels and casinos.

P/E ratio for MGM Resorts (MGM)

P/E ratio as of October 2026 (TTM): 18.1

According to MGM Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.131. At the end of 2025 the company had a P/E ratio of 47.4.

P/E ratio history for MGM Resorts from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202547.4229.61%
202414.4
20229.80-45.59%
202118.0-216.15%
2020-15.5-287.6%
20198.27-71.99%
201829.5216.57%
20179.33-33.56%
201614.0-147.75%
2015-29.4-54.87%
2014-65.1-9.1%
2013-71.72253.04%
2012-3.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Las Vegas Sands
LVS
14.2-21.89%๐Ÿ‡บ๐Ÿ‡ธ USA
Wynn Resorts
WYNN
17.5-3.31%๐Ÿ‡บ๐Ÿ‡ธ USA
PENN Entertainment
PENN
-2.34-112.93%๐Ÿ‡บ๐Ÿ‡ธ USA
Monarch Casino & Resort
MCRI
18.6 2.48%๐Ÿ‡บ๐Ÿ‡ธ USA
Century Casinos
CNTY
-0.5492-103.03%๐Ÿ‡บ๐Ÿ‡ธ USA
Boyd Gaming
BYD
2.98-83.55%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.