# MGM Resorts International (MGM) · Edgar & Edgarette company card

> MGM Resorts International (MGM) grew revenue 1.7% in FY2025 to $17.5 billion, operating margin 5.7% against a 15.8% median for hotels & motels, equity 5.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 789570 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MGM) · [JSON](https://www.pops4.com/boards/company/MGM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $17.5B |
| Revenue growth, 1 year | 1.7% |
| Revenue growth per year | 16.0% |
| Operating margin | 5.7% (prior year 8.6%) |
| Net margin | 3.0% |
| Operating cash flow | $2.5B |
| Capital spending | $1.1B |
| Free cash flow | $1.5B |
| Cash | $2.1B |
| Long-term debt | $6.2B |
| Total assets | $41.4B |
| Total equity | $2.4B |
| Equity ÷ assets | 5.9% |
| Return on equity | 21.4% |
| Dividend per share | $0.01 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 0.53 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $17.5B (FY2025), total debt $6.2B. Experience: revenue up 1.7% on the year, up 16.0% a year over 4 years; operating margin 5.7%, down from 8.6%. Soundness: equity 5.9% of assets, return on equity 21.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $15.5B and $20.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $13.7B to $23.1B. A statistical range, not company guidance. Against peers (19 filers, $50M+ revenue, hotels & motels): operating margin 5.7% against a 15.8% median; growth 1.7% against 3.8%.

Range logged 2026-09-28, receipt b36aab1b7b4ddc63, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-01-16 ([filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000010/0000789570-26-000010-index.htm))

## Recent filings

- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000107/0000789570-26-000107-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000106/0000789570-26-000106-index.htm)
- 8-K · filed 2026-10-28 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000104/0000789570-26-000104-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/0000789570-26-000076-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789570/000078957026000075/0000789570-26-000075-index.htm)
- 8-K · filed 2026-05-14 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789570/000119312526224106/0001193125-26-224106-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000789570.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=789570

## Cite

POPS4, Edgar & Edgarette: MGM Resorts International (MGM) company card, from the company's own SEC filings, accessed 2026-10-29, https://www.pops4.com/boards/company/MGM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.