Company Dossier · Consumer Discretionary
MGM Resorts
- S&P 500
- Russell 1000
What MGM Resorts is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $17.8 billion, up 3.2% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $1.49 billion, up 15% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.97 billion, down 22% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $1.23 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to December 31, 2025: $0.35 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 29, 2026): sentiment 0.40 on a −1 to +1 scale (mixed), confidence 0.70 of 1.Palanor Discourse
- Latest annual report (filed February 11, 2026): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q2 2026: $0.3 million on the open market.SEC Form 4
- 662 institutional managers reported a position at June 30, 2026 (+49 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 13 (12 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What MGM Resorts is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Retrenching · Mixed
Expanding ↔ Retrenching
Retrenching
- Capital spending7th pct
- Debt raised—
- Buybacks vs capex79th pct
- Hiring filings28th pct
- Deals and private raises48th pct
- Patent publications53rd pct
Confident ↔ Hedging
Mixed
- Call sentiment46th pct
- Call confidence46th pct
- Guidance changes—
- Risk factors added73rd pct
- Insider open-market trades25th pct
- − Insider open-market trades
- + Risk factors added
- − Call sentiment
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver12th pct
- Stress filings50th pct
Credit
How these are built →MGM Resorts's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$6.3B
- Due within a year $0.1B
- Longer term $6.2B
- Default point $3.2B (short + ½ long)
Finance leases included · Jun 30, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name MGM Resorts, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NegativeSEC Sues Meyer Global Management CEO Over Pre-IPO Fraud; MGM Resorts (MGM) Valuation Insights
gurufocus.com · via Marketaux · Sep 30, 2026
- NeutralBarry Diller's People Inc. Withdraws $18B Offer To Buy MGM Resorts
Bisnow · Sep 24, 2026
- NegativeDiller abandons $18bn takeover bid for MGM Resorts
FT Companies · Sep 23, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 21, 2026LobbyingLobbying report (HARBINGER STRATEGIES, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (MGM RESORTS INTERNATIONAL)third_quarter 2026 · $0.3 million
- Oct 19, 2026LobbyingLobbying report (BROWNSTEIN HYATT FARBER SCHRECK, LLP)third_quarter 2026 · $0.1 million
- Oct 16, 2026LobbyingLobbying report (CASSIDY & ASSOCIATES, INC.)third_quarter 2026 · $0.1 million
- Jul 21, 2026LobbyingLobbying report (HARBINGER STRATEGIES, LLC)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (MGM RESORTS INTERNATIONAL)second_quarter 2026 · $0.3 million
- Jul 20, 2026LobbyingLobbying report (CASSIDY & ASSOCIATES, INC.)second_quarter 2026 · $0.1 million
- May 14, 20268-KMaterial agreement signedItem 1.01
- May 8, 20268-KShareholder vote resultsItem 5.07
- Apr 21, 2026LobbyingLobbying report (HARBINGER STRATEGIES, LLC)first_quarter 2026 · $0.1 million
- Apr 7, 20268-KMaterial agreement signedItem 1.01
- Feb 11, 202610-KAnnual report (10-K)0 risk factors added, 0 removed
- Jan 16, 20268-KDirector or officer changeItem 5.02
- Nov 18, 2025Patent
- Oct 29, 20258-KMaterial agreement signedItem 1.01
- Oct 29, 2025Trademark
- Sep 19, 20258-KDirector or officer changeItem 5.02
- Sep 5, 20258-KDirector or officer changeItem 5.02
- May 9, 20258-KShareholder vote resultsItem 5.07
- May 8, 20258-KDirector or officer changeItem 5.02
- Apr 16, 20258-KMaterial agreement signedItem 1.01
- Mar 21, 2025Trademark
- Mar 18, 2025Trademark
- Mar 18, 2025Trademark
- Mar 12, 20258-KDirector or officer changeItem 5.02
- Feb 20, 2025Trademark
- Feb 18, 202510-KAnnual report (10-K)1 risk factors added, 0 removed
- Dec 20, 2024Risk event
- Feb 23, 202410-KAnnual report (10-K)0 risk factors added, 1 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Flutter Entertainment FLUT | $17.2B | $1.2B | Jun 30, 2026 |
| Las Vegas Sands LVS | $13.7B | $2.7B | Jun 30, 2026 |
| Caesars Entertainment CZR | $11.7B | $0.6B | Jun 30, 2026 |
| Wynn Resorts WYNN | $7.4B | $0.8B | Jun 30, 2026 |
| Boyd Gaming BYD | $4.1B | $0.0B | Jun 30, 2026 |
| Churchill Downs Incorporated CHDN | $3.0B | — | Jun 30, 2026 |
| O'Reilly Automotive ORLY | $18.6B | $2.2B | Jun 30, 2026 |
| Royal Caribbean Group RCL | $18.7B | −$0.4B | Jun 30, 2026 |