MGM Resorts (MGM) valuation
MGM Resorts P/E ratio history
MGM Resorts trades at 11.4 times its earnings over the last twelve months and 19.5 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 8.4 (year to Dec 2019) to 48.0 (year to Dec 2025), with a median of 14.4.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $36.49 | $0.76 | 48.0 | 14.7 |
| Dec 31, 2024 | $34.65 | $2.40 | 14.4 | 14.2 |
| Dec 31, 2023 | $44.68 | $3.19 | 14.0 | 18.2 |
| Dec 31, 2022 | $33.53 | $3.49 | 9.6 | 33.4 |
| Dec 31, 2021 | $44.88 | $2.41 | 18.6 | 108.5 |
| Dec 31, 2020 | $31.51 | -$2.02 | n/m | — |
| Dec 31, 2019 | $33.27 | $3.96 | 8.4 | — |
| Dec 31, 2018 | $24.26 | $0.79 | 30.7 | — |
| Dec 31, 2017 | $33.39 | $3.37 | 9.9 | — |
| Dec 31, 2016 | $28.83 | $1.91 | 15.1 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
MGM Resorts valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| MGM ResortsMGM | $7.54B | 11.4 | 19.5 | 0.4 |
| Wynn ResortsWYNN | $7.75B | 17.9 | 16.6 | 1.1 |
| Las Vegas SandsLVS | $23.9B | 15.2 | 12.2 | 1.8 |
| Take-Two InteractiveTTWO | $35.3B | — | — | 5.3 |
| Peer median | 16.5 | 14.4 | 1.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MGM financials · MGM returns
No forecast, no recommendation. This page describes MGM Resorts from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.