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
2,397
EBITDA Margin
14.8%
2022
12/31/2022
Revenue
13,127
Cost of Revenue
6,653
Gross Profit
6,475
Gross Margin
49.3%
Operating Income
1,439
Operating Margin
11.0%
Net Income
1,473
Net Margin
11.2%
EPS (Basic)
$0.51
EPS (Diluted)
$0.50
EBITDA
4,981
EBITDA Margin
37.9%
2021
12/31/2021
Revenue
9,680
Cost of Revenue
5,031
Gross Profit
4,650
Gross Margin
48.0%
Operating Income
2,279
Operating Margin
23.5%
Net Income
1,254
Net Margin
13.0%
EPS (Basic)
$2.44
EPS (Diluted)
$2.41
EBITDA
3,412
EBITDA Margin
35.2%
2020
12/31/2020
Revenue
4,917
Cost of Revenue
3,208
Gross Profit
1,709
Gross Margin
34.8%
Operating Income
-642
Operating Margin
-13.1%
Net Income
-1,033
Net Margin
-21.0%
EPS (Basic)
$-2.67
EPS (Diluted)
$-2.67
EBITDA
-780
EBITDA Margin
-15.9%