Morningstar

MGM Resorts International MGM Stock

Stock Price as of USD

Company Profile MGM

Business Description
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
Contact
3600 Las Vegas Boulevard South, Las Vegas, NV 89109
T +1 702 693-7120
cpark@mgmresorts.com opens in a new tab
www.mgmresorts.com opens in a new tab
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Most Recent Earnings
Jun 30, 2025
Fiscal Year End
Dec 31, 2025
Employees
78,000
As of Dec 31, 2024

Sustainability

ESG Risk Rating Assessment
Highest Controversy Level (1 = Low, 5 = Severe)
Moderate
Incidents: Business Ethics, Customer
ESG Risk Rating
24.15
Medium
Negligible
0–9.99
Low
10–19.99
Medium
20–29.99
High
30–39.99
Severe
40+
Highest Controversy Level (1 = Low, 5 = Severe)
Incidents: Business Ethics, Customer
Top Material ESG Issues
E&S Impact of Products & Services
Overall
Business Ethics
Overall
Human Capital
Overall
ESG Risk Rating is as of Sep 03, 2025. Highest Controversy Level is as of Sep 08, 2025. Sustainalytics Subindustry: Casinos and Gaming. Sustainalytics provides Morningstar with company ESG ratings and metrics on a monthly basis and as such, the ratings in Morningstar may not necessarily reflect current Sustainalytics’ scores for the company. For the most up to date rating and more information, please visit: sustainalytics.com/esg-ratings/ opens in a new tab.

© Morningstar 2025. All Rights Reserved. The data and analyses herein do not constitute investment advice; is provided solely for informational purposes; is not an offer to buy/sell a security; and is not warranted to be correct, complete, or accurate. Morningstar is not responsible for any trading decisions, damages or losses resulting from, or related to, the data and analyses or their use. Financial Professionals: This report may not meet all applicable presentation and/or disclosure standards to which you are subject to by a regulator and may need to be supplemented with another report or additional data and/or disclosures. Review carefully before sharing this report and contact your Compliance team with any questions. The ESG-related information, methodologies, tool, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.

©Copyright 2025 Morningstar, Inc. All rights reserved.