← MGM Resorts International
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.1b |
$2.0b
+77.97%
|
$466.8m
-76.19%
|
$2.0b
+339.00%
|
($1.0b)
-150.40%
|
$1.3b
+221.46%
|
$1.5b
+17.44%
|
$1.1b
-22.46%
|
$746.6m
-34.64%
|
$205.9m
-72.43%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.1b |
$1.9b
+76.31%
|
$445.4m
-77.06%
|
$2.0b
+359.41%
|
($997.2m)
-148.73%
|
$1.2b
+217.94%
|
$1.4b
+22.54%
|
$1.1b
-20.60%
|
$743.7m
-35.01%
|
$211.1m
-71.61%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.2b | $2.1b | $583.9m | $2.2b | ($1.3b) | $1.2b | $206.7m | $1.3b | $1.1b | $520.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $135.4m | $136.1m | $117.1m | $165.2m | ($287.2m) | ($46.0m) | ($1.3b) | $172.7m | $318.1m | $315.0m | — | |
| Depreciation and amortization | $849.5m | $993.5m | $1.2b | $1.3b | $1.2b | $1.2b | $3.5b | $814.1m | $831.1m | $1.0b | $1.1b | |
| Amortization of Debt Issuance Costs and Discounts | $40.5m | $33.0m | $41.1m | $39.0m | $34.4m | $40.3m | $32.8m | $27.8m | $27.2m | $26.7m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $849.5m | $993.5m | $1.2b | $1.3b | $1.2b | $1.2b | $3.5b | $814.1m | $831.1m | $1.0b | $1.1b | |
| Amortization of Intangible Assets | $180.0m | $173.0m | $176.0m | $192.0m | $194.0m | $197.0m | $2.7b | $103.0m | $119.0m | $139.0m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.5b | $814.1m | $831.1m | $1.0b | $1.1b | |
| Deferred Income Tax Expense (Benefit) | ($80.6m) | ($1.3b) | $46.7m | $595.0m | $18.3m | $241.9m | $496.2m | ($117.3m) | ($85.1m) | ($245.6m) | ($262.6m) | |
| Deferred Tax | — | — | — | — | — | — | $496.2m | ($117.3m) | ($85.1m) | ($245.6m) | ($262.6m) | |
| Share-based Payment Arrangement, Noncash Expense | $55.5m | $62.5m | $70.2m | $88.8m | $107.0m | $65.2m | $71.3m | $73.6m | $80.2m | $90.5m | $96.2m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $80.2m | $90.4m | $96.2m | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | $278.9m | $389.9m | |
| Asset Impairment Charge | — | — | — | — | — | — | — | $0 | $0 | $278.9m | $389.9m | |
| Income (Loss) from Equity Method Investments | $471.3m | $111.2m | $96.5m | $57.2m | ($60.4m) | $1.6m | ($183.7m) | ($63.1m) | ($91.4m) | $71.1m | — | |
| Nonoperating Income (Expense) | ($820.6m) | ($751.7m) | ($835.5m) | ($1.1b) | ($869.0m) | ($816.9m) | ($535.6m) | ($418.7m) | ($373.4m) | ($721.0m) | — | |
| Other Nonoperating Income (Expense) | ($72.7m) | ($48.2m) | ($18.1m) | ($183.3m) | ($89.4m) | $65.9m | $82.8m | $42.6m | $70.6m | ($303.1m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $183.7m | $63.1m | $91.4m | ($71.1m) | ($97.8m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $128.2m | $153.0m | ($361.6m) | ($104.7m) | ($9.1m) | |
| Increase (Decrease) in Accounts Receivable | $33.2m | $18.4m | $149.6m | $726.6m | ($960.1m) | $236.2m | $211.7m | $132.3m | $157.7m | $90.1m | ($249.6m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $10.9m | $20.6m | $39.8m | $39.3m | $71.4m | $21.9m | $22.7m | $49.0m | $61.1m | $61.1m | ($249.6m) | |
| Change In Receivables | — | — | — | — | — | — | ($211.7m) | ($132.3m) | ($157.7m) | ($90.1m) | ($249.6m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($211.7m) | ($132.3m) | ($157.7m) | ($90.1m) | ($249.6m) | |
| Increase (Decrease) in Inventories | ($10.8m) | $4.7m | $7.9m | ($6.5m) | ($14.7m) | ($3.1m) | $26.6m | $15.5m | ($1.3m) | ($15.7m) | $3.1m | |
| Change In Inventory | — | — | — | — | — | — | ($26.6m) | ($15.5m) | $1.3m | $15.7m | $3.1m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $183.8m | $410.1m | ($107.4m) | ($82.4m) | ($5.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $1.5b |
$2.2b
+43.84%
|
$1.7b
-21.93%
|
$1.8b
+5.10%
|
($1.5b)
-182.47%
|
$1.4b
+191.99%
|
$1.8b
+27.89%
|
$2.7b
+53.19%
|
$2.4b
-12.20%
|
$2.5b
+7.06%
|
$2.5b
-2.62%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.3b | $1.9b | $1.5b | $739.0m | $270.6m | $490.7m | $765.1m | $931.8m | $1.2b | $1.1b | ($968.5m) | |
| Capital Expenditure Reported | $2.3b | $1.9b | $1.5b | $739.0m | $270.6m | $490.7m | ($765.1m) | ($931.8m) | ($1.2b) | ($1.1b) | ($968.5m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | ($22.4m) | $80.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $559.4m | $0 | — | — | — | — | — | $122.1m | $113.9m | $0 | ($289.8m) | |
| Payments for (Proceeds from) Other Investing Activities | $11.7m | $1.7m | $17.2m | $31.1m | ($873k) | ($46.1m) | $523.4m | $125.9m | ($147.9m) | $48.5m | — | |
| Net Other Investing Changes | — | — | — | — | — | $46.1m | — | $152.5m | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($2.1b) | $3.5b | $2.2b | $1.5b | $2.1b | ($714.2m) | ($1.3b) | ($1.1b) | ($644.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($66.9m) | ($45.7m) | ($3.6m) | ($198.2m) | ($126.5m) | ($37k) | $0 | $0 | ($7.1m) | $0 | — | |
| Repayments of Long-term Debt | — | — | — | — | — | — | $1.1b | $1.3b | $2.2b | $500.0m | ($750.0m) | |
| Proceeds from Issuance of Long-term Debt | $2.0b | $350.0m | $1.0b | $3.2b | $3.5b | $749.8m | $0 | $0 | $2.1b | $353.8m | $1.1b | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $2.1b | $353.8m | $1.1b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $2.1b | $353.8m | $1.1b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.1b) | ($1.3b) | ($2.2b) | ($500.0m) | ($750.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $77.9m | ($2.4b) | $29.4m | ($139.6m) | ($119.8m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.1b) | ($1.3b) | ($75.0m) | ($146.2m) | $353.8m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $1.1b | ($1.1b) | $104.4m | $6.6m | ($473.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.1b) | ($1.3b) | ($2.2b) | ($500.0m) | ($750.0m) | |
| Payments for Repurchase of Common Stock | — | $327.5m | $1.3b | $1.0b | $353.7m | $1.8b | $2.8b | $2.3b | $1.4b | $1.2b | — | |
| Payments of Ordinary Dividends, Common Stock | — | $252.0m | $260.6m | $271.3m | $77.6m | $4.8m | $4.0m | $0 | $0 | — | $0 | |
| Proceeds from Issuance of Common Stock | — | $404.7m | $0 | $1.3b | — | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | ($4.8m) | ($4.0m) | $0 | $0 | — | $0 | |
| Common Stock Issuance | — | — | — | — | — | $792.9m | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($2.8b) | ($2.3b) | ($1.4b) | ($1.2b) | ($773.6m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $792.9m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($2.8b) | ($2.3b) | ($1.4b) | ($1.2b) | ($773.6m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($2.8b) | ($2.3b) | ($1.4b) | ($1.2b) | ($773.6m) | |
| Payments of Dividends | — | $252.0m | $260.6m | $271.3m | $77.6m | $4.8m | $4.0m | $0 | $0 | — | $0 | |
| Dividends Payable, Current | — | $30 | $32 | $53 | $64 | $82 | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | ($4.8m) | ($4.0m) | $0 | $0 | — | $0 | |
| Dividend Received CFO | — | — | — | — | — | — | $37.4m | $20.1m | $21.9m | $17.2m | $19.2m | |
| Dividends Received CFI | — | — | — | — | — | — | $10.4m | $8.3m | $2.3m | $207.3m | $210.7m | |
| Proceeds from (Payments for) Other Financing Activities | ($30.1m) | ($58.8m) | ($45.4m) | ($41.9m) | ($53.9m) | ($159.3m) | ($110.9m) | ($131.2m) | ($8.9m) | ($153.1m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($323.0m) | ($329.8m) | ($235.8m) | ($363.2m) | ($328.6m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | $389.2m |
($4.5b)
-1263.72%
|
$2.1b
+146.44%
|
($2.8b)
-233.79%
|
($3.0b)
-7.47%
|
($5.0b)
-65.48%
|
($1.6b)
+68.74%
|
($1.7b)
-10.66%
|
($1.2b)
+29.41%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $26.8m | $802.8m | $2.8b | $101.4m | $833.3m | ($3.0b) | ($511.8m) | ($352.7m) | $2.6b | |
| Beginning Cash Position | — | — | — | — | — | — | $5.2b | $6.0b | $3.0b | $2.5b | $2.0b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $1.5b | $2.3b | $5.1b | $5.2b | $6.0b | $3.0b | $2.5b | $2.2b | $2.6b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($2.0m) | $2.6m | $2.3m | ($1.6m) | $8.9m | ($19.4m) | ($26.9m) | $4.4m | ($24.3m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $8.9m | ($19.4m) | ($26.9m) | $4.4m | ($24.3m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $661.2m | $658.6m | $723.6m | $827.0m | $639.7m | $705.7m | $573.6m | $452.2m | $406.3m | $389.1m | — | |
| Income Taxes Paid, Net | $68.2m | $181.7m | ($10.1m) | $28.5m | $8.5m | $43.0m | $23.0m | $344.4m | $267.0m | ($34.6m) | — | |
| Additional Financial Items | ||||||||||||
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | — | — | — | — | — | $1.6b | $0 | $0 | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | $10.0m | ($26.0m) | ($47.0m) | ($33.0m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | ($106.4m) | $128.6m | ($288.0m) | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | $2.7b | $1.5b | $0 | $2.3b | $0 | $0 | — | — | |
| Goodwill | $1.8b | $1.8b | $1.8b | $2.1b | $2.1b | $3.5b | $5.0b | $5.2b | $5.1b | $4.9b | $389.9m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $2.2b | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $0 | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $22.3m | ($1.1b) | $50.1m | $632.3m | ($191.6m) | $253.4m | $697.1m | $157.8m | $52.5m | ($240.1m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $443.2m | $419.0m | — | |
| Proceeds from Noncontrolling Interests | $47.3m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($3.0b) | ($5.0b) | ($1.6b) | ($1.7b) | ($1.2b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $2.1b | ($714.2m) | ($1.3b) | ($1.1b) | ($644.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $833.3m | ($3.0b) | ($511.8m) | ($352.7m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $197.1m | ($58.5m) | ($132.8m) | $47.6m | $249.4m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($14.4m) | ($50.9m) | $35.1m | $4.5m | ($6.5m) | |
| Changes In Cash | — | — | — | — | — | — | $850.3m | ($3.0b) | ($484.9m) | ($342.5m) | $596.5m | |
| End Cash Position | — | — | — | — | — | — | $6.0b | $3.0b | $2.5b | $2.2b | $2.6b | |
| Financing Cash Flow | — | — | — | — | — | — | ($3.0b) |
($5.0b)
-65.48%
|
($1.6b)
+68.74%
|
($1.7b)
-10.66%
|
($1.2b)
+29.41%
|
|
| Free Cash Flow | — | — | — | — | — | — | $991.4m | $1.8b | $1.2b | $1.5b | $1.5b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($2.3b) | $1.1m | $32.2m | $22.4m | $80.1m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($1.0b) | ($370.5m) | $81.3m | $126.0m | ($162.0m) | |
| Investing Cash Flow | — | — | — | — | — | — | $2.1b | ($714.2m) | ($1.3b) | ($1.1b) | ($644.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($2.1b) | ($283.1m) | ($296.0m) | ($237.8m) | ($289.8m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $19.1m | $106.4m | ($128.6m) | $288.0m | ($75.6m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | $3.9b | $4.4b | $0 | $0 | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($523.4m) | ($125.9m) | $147.9m | ($48.5m) | ($116.6m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $1.2b | $465.8m | $13.2m | $7.1m | $519.6m | |
| Operating Gains Losses | — | — | — | — | — | — | ($3.1b) | ($199.8m) | $83.4m | $365.3m | ($255.4m) | |
| Other Cash Adjustment Outside Changein Cash | — | — | — | — | — | — | ($25.9m) | $25.9m | $0 | ($14.6m) | — | |
| Other Non Cash Items | — | — | — | — | — | — | $436.2m | $583.2m | $666.8m | $528.0m | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $22.7m | $49.0m | $61.1m | $61.1m | $81.5m | |
| Purchase Of Business | — | — | — | — | — | — | ($2.1b) | ($283.1m) | ($296.0m) | ($237.8m) | ($289.8m) | |
| Sale Of Investment Properties | — | — | — | — | — | $3.9b | $4.4b | $0 | $0 | — | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $1.2b | $465.8m | $13.2m | $7.1m | $519.6m | |
| Stock Based Compensation | — | — | — | — | — | — | $71.3m | $73.6m | $80.2m | $90.5m | $96.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.