MGM Resorts International
MGMFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
17,241
Cost of Revenue
9,394
Gross Profit
7,847
Gross Margin
45.5%
Operating Income
1,490
Operating Margin
8.6%
Net Income
747
Net Margin
4.3%
EPS (Basic)
$2.42
EPS (Diluted)
$2.40
EBITDA
2,391
EBITDA Margin
13.9%
2023
12/31/2023
Revenue
16,164
Cost of Revenue
8,554
Gross Profit
7,611
Gross Margin
47.1%
Operating Income
1,891
Operating Margin
11.7%
Net Income
1,142
Net Margin
7.1%
EPS (Basic)
$3.22
EPS (Diluted)
$3.19
EBITDA
2,747
EBITDA Margin
17.0%
2022
12/31/2022
Revenue
13,127
Cost of Revenue
6,653
Gross Profit
6,475
Gross Margin
49.3%
Operating Income
-1,814
Operating Margin
-13.8%
Net Income
207
Net Margin
1.6%
EPS (Basic)
$0.51
EPS (Diluted)
$0.50
EBITDA
1,767
EBITDA Margin
13.5%
2021
12/31/2021
Revenue
9,680
Cost of Revenue
5,031
Gross Profit
4,650
Gross Margin
48.0%
Operating Income
631
Operating Margin
6.5%
Net Income
1,254
Net Margin
13.0%
EPS (Basic)
$2.44
EPS (Diluted)
$2.41
EBITDA
1,714
EBITDA Margin
17.7%
2020
12/31/2020
Revenue
5,162
Cost of Revenue
3,453
Gross Profit
1,709
Gross Margin
33.1%
Operating Income
-2,084
Operating Margin
-40.4%
Net Income
-1,320
Net Margin
-25.6%
EPS (Basic)
$-2.67
EPS (Diluted)
$-2.67
EBITDA
559
EBITDA Margin
10.8%