MGM Resorts International (MGM) balance sheet

NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · 69,000 employees · CEO William Joseph Hornbuckle

Price: $29.96 +3.92%
Market cap: $7.58B
Enterprise value: $34.6B
Last report: Q3 '26 filed 2026-10-28
Next report: 2027-02-04 EPS est. $0.32

At the end of Q3 '26 MGM Resorts International (MGM) held $2.4B in cash and short-term investments against $29.4B of debt incl. leases. Total assets $39.5B, total liabilities $36.1B, shareholders' equity $2.5B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$2.93B	$2.72B	$2.41B	$2.95B	$2.42B	$2.27B	$1.96B	$2.13B	$2.06B	$2.29B	$2.55B	$2.4B
Receivables	$1.07B	$1.02B	$1.22B	$1.18B	$1.33B	$1.18B	$1.27B	$1.1B	$1.34B	$1.23B	$1.22B	$1.07B
Inventory	$142M	$147M	$148M	$145M	$141M	$135M	$127M	$127M	$125M	$123M	$123M	$124M
Other current assets	$771M	$688M	$623M	$560M	$479M	$553M	$503M	$574M	$802M	$885M	$515M	$36.1M
Current assets	$4.91B	$4.57B	$4.41B	$4.83B	$4.36B	$4.14B	$3.86B	$3.93B	$4.33B	$4.53B	$4.4B	$4.19B
Property, plant & equipment (net)	$29.5B	$29.5B	$29.5B	$29.6B	$29.7B	$29.6B	$29.5B	$29.4B	$29.3B	$29.1B	$27.8B	$27.7B
Long-term investments	$241M	$246M	$238M	$414M	$381M	$394M	$999M	$1.04B	$536M	$660M	$638M	$673M
Goodwill	$5.17B	$5.15B	$5.15B	$5.18B	$5.15B	$5.16B	$5.19B	$4.94B	$4.9B	$4.89B	$4.77B	$4.77B
Intangible assets	$1.72B	$1.69B	$1.66B	$1.78B	$1.72B	$1.7B	$1.7B	$1.62B	$1.36B	$1.31B	$1.26B	$1.23B
Deferred tax assets	$0	$0	$0	$0	$39.6M	$47.7M	$55.9M	$69M	$89.8M	$98.7M	$117M	$128M
Other non-current assets	$850M	$889M	$856M	$933M	$859M	$862M	$392M	$400M	$849M	$841M	$821M	$770M
Non-current assets	$37.5B	$37.5B	$37.4B	$37.9B	$37.9B	$37.8B	$37.8B	$37.5B	$37B	$36.9B	$35.4B	$35.3B
Total assets	$42.4B	$42.1B	$41.8B	$42.7B	$42.2B	$41.9B	$41.7B	$41.4B	$41.4B	$41.4B	$39.8B	$39.5B
Liabilities
Accounts payable	$462M	$448M	$402M	$392M	$413M	$381M	$383M	$421M	$422M	$404M	$423M	$425M
Accrued expenses	$1.62B	$2.59B	$2.6B	$2.82B	$1.79B	$2.79B	$2.78B	$2.76B	$0	$2.87B	$2.88B	$2.96B
Short-term debt	$60.2M	$0	$0	$675M	$0	$0	$166M	$173M	$0	$0	$0	$0
Taxes payable	$391M	$0	$0	$0	$383M	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$566M	$0	$0	$0	$596M	$0	$0	$0	$0	$0	$0	$0
Other current liabilities	-$60.2M	$0	$0	$0	$0	$0	-$166M	-$173M	$3.09B	$122M	$0	$0
Current liabilities	$3.13B	$3.03B	$3B	$3.89B	$3.35B	$3.17B	$3.17B	$3.18B	$3.51B	$3.39B	$3.3B	$3.38B
Long-term debt	$6.34B	$6.27B	$6.29B	$6.23B	$6.36B	$6.41B	$6.21B	$6.16B	$31.2B	$6.4B	$6.07B	$5.67B
Lease obligations (non-current)	$25.1B	$25.1B	$25.1B	$25.1B	$25.1B	$25.1B	$25.2B	$25.2B	$25B	$24.9B	$23.8B	$23.7B
Deferred tax liabilities	$2.86B	$2.85B	$2.8B	$2.79B	$2.81B	$2.81B	$2.8B	$2.84B	$2.62B	$2.61B	$2.6B	$2.59B
Other non-current liabilities	$543M	$750M	$768M	$880M	$910M	$830M	$562M	$588M	-$24.2B	$726M	$726M	$701M
Non-current liabilities	$34.9B	$35B	$35B	$35B	$35.2B	$35.1B	$34.8B	$34.8B	$34.6B	$34.7B	$33.2B	$32.7B
Total liabilities	$38B	$38B	$38B	$38.9B	$38.5B	$38.3B	$38B	$38B	$38.1B	$38.1B	$36.5B	$36.1B
Equity
Common stock & paid-in capital	$3.27M	$3.15M	$3.05M	$2.97M	$2.94M	$2.8M	$2.72M	$2.72M	$2.58M	$2.56M	$2.52M	$2.52M
Retained earnings	$3.66B	$3.39B	$3.17B	$3.04B	$3.08B	$2.76B	$2.61B	$2.32B	$2.11B	$2.17B	$2.31B	$2.29B
Accumulated other comprehensive income	$144M	$59.8M	$37.4M	$192M	-$61.2M	$88M	$362M	$348M	$320M	$257M	$203M	$199M
Shareholders' equity	$3.81B	$3.46B	$3.21B	$3.23B	$3.02B	$2.85B	$2.97B	$2.68B	$2.43B	$2.43B	$2.51B	$2.5B
Debt
Total debt (incl. leases)	$31.6B	$31.4B	$31.4B	$32B	$31.6B	$31.5B	$31.6B	$31.5B	$56.2B	$31.3B	$29.8B	$29.4B
Net debt (debt - cash)	$28.7B	$28.7B	$29B	$29.1B	$29.2B	$29.2B	$29.6B	$29.4B	$54.1B	$29B	$27.3B	$27B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$1.45B	$1.5B	$1.53B	$2.33B	$5.1B	$4.7B	$5.91B	$2.93B	$2.42B	$2.06B
Receivables	$543M	$585M	$686M	$1.37B	$560M	$858M	$925M	$1.07B	$1.33B	$1.34B
Inventory	$97.7M	$102M	$111M	$103M	$88.3M	$96.4M	$126M	$142M	$141M	$125M
Other current assets	$0	$0	$0	$0	$0	$500M	$1.19B	$771M	$479M	$802M
Current assets	$2.23B	$2.38B	$2.53B	$4.01B	$5.95B	$6.42B	$8.15B	$4.91B	$4.36B	$4.33B
Property, plant & equipment (net)	$18.4B	$19.6B	$20.7B	$22.7B	$22.9B	$25.9B	$29.8B	$29.5B	$29.7B	$29.3B
Long-term investments	$1.22B	$1.03B	$733M	$822M	$1.45B	$967M	$173M	$241M	$381M	$536M
Goodwill	$1.82B	$1.81B	$1.82B	$2.08B	$2.09B	$3.48B	$5.03B	$5.17B	$5.15B	$4.9B
Intangible assets	$4.09B	$3.88B	$3.94B	$3.83B	$3.64B	$3.62B	$1.55B	$1.72B	$1.72B	$1.36B
Deferred tax assets	$0	$0	$0	$0	$0	$0	$0	$0	$39.6M	$89.8M
Other non-current assets	$393M	$430M	$455M	$457M	$443M	$490M	$1.03B	$850M	$859M	$849M
Non-current assets	$25.9B	$26.8B	$27.7B	$29.9B	$30.5B	$34.5B	$37.5B	$37.5B	$37.9B	$37B
Total assets	$28.2B	$29.2B	$30.2B	$33.9B	$36.5B	$40.9B	$45.7B	$42.4B	$42.2B	$41.4B
Liabilities
Accounts payable	$250M	$255M	$303M	$235M	$143M	$286M	$370M	$462M	$413M	$422M
Accrued expenses	$1.2B	$1.6B	$1.46B	$1.41B	$1.11B	$1.27B	$1.37B	$1.62B	$1.79B	$0
Short-term debt	$8.38M	$158M	$43.4M	$122M	$139M	$1B	$1.29B	$60.2M	$0	$0
Taxes payable	$10.7M	$171M	$235M	$218M	$109M	$196M	$212M	$391M	$383M	$0
Deferred revenue	$363M	$454M	$564M	$367M	$256M	$489M	$612M	$566M	$596M	$0
Other current liabilities	$0	$0	$0	$613M	-$107M	$0	$540M	-$60.2M	$0	$3.09B
Current liabilities	$2.29B	$3.14B	$2.95B	$3.19B	$1.86B	$3.44B	$4.52B	$3.13B	$3.35B	$3.51B
Long-term debt	$13B	$12.8B	$15.1B	$11.2B	$12.4B	$11.8B	$7.43B	$6.34B	$6.36B	$31.2B
Lease obligations (non-current)	$0	$0	$0	$4.28B	$8.39B	$11.8B	$25.1B	$25.1B	$25.1B	$25B
Deferred tax liabilities	$2.55B	$1.3B	$1.34B	$2.11B	$2.15B	$2.44B	$2.97B	$2.86B	$2.81B	$2.62B
Other non-current liabilities	$326M	$284M	$259M	$364M	$472M	$320M	$256M	$543M	$910M	-$24.2B
Non-current liabilities	$15.9B	$14.3B	$16.7B	$17.9B	$23.4B	$26.3B	$35.8B	$34.9B	$35.2B	$34.6B
Total liabilities	$18.1B	$17.5B	$19.6B	$21.1B	$25.2B	$29.8B	$40.3B	$38B	$38.5B	$38.1B
Equity
Common stock & paid-in capital	$5.74M	$5.66M	$5.28M	$5.03M	$4.94M	$4.54M	$3.79M	$3.27M	$2.94M	$2.58M
Retained earnings	$546M	$2.22B	$2.42B	$4.2B	$3.09B	$4.34B	$4.79B	$3.66B	$3.08B	$2.11B
Accumulated other comprehensive income	$15.1M	-$3.61M	-$8.56M	-$10.2M	-$30.7M	-$24.6M	$33.5M	$144M	-$61.2M	$320M
Shareholders' equity	$6.22B	$7.58B	$6.51B	$7.73B	$6.5B	$6.07B	$4.83B	$3.81B	$3.02B	$2.43B
Debt
Total debt (incl. leases)	$13B	$12.9B	$15.1B	$15.7B	$21B	$24.7B	$34B	$31.6B	$31.6B	$56.2B
Net debt (debt - cash)	$11.5B	$11.4B	$13.6B	$13.3B	$15.9B	$20B	$28.1B	$28.7B	$29.2B	$54.1B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-02