MGM MGM Resorts International PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: MGM
- PE Ratio
The price-to-earnings ratio for MGM Resorts International stock stands at 188.29 as of Nov 5, 2025. This results from the current EPS of $0.17 and stock price of $32.01. The current PE ratio is nearly equal to the average from the previous four quarters.
MGM PE ratio history
Over the last ten years, the average PE ratio of MGM Resorts International has been 25.04. The current 188.29 price-to-earnings ratio is in line with the historical average. In the past ten years, MGM's PE ratio reached its highest point in the Sep 2025 quarter at 203.88, with a price of $34.66 and an EPS of $0.17. The Mar 2020 quarter saw the lowest point at 2.15, with a price of $11.8 and an EPS of $5.48.
MGM Resorts International PE ratio by year
Maximum annual increase: 199.49% in 2018
Maximum annual decrease: -71.17% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 14.32 | 3.17% | $34.65 | $2.42 |
| 2023 | 13.88 | 45.65% | $44.68 | $3.22 |
| 2022 | 9.53 | -48.18% | $33.53 | $3.52 |
| 2021 | 18.39 | N/A | $44.88 | $2.44 |
| 2020 | N/A | N/A | $31.51 | -$2.02 |
| 2019 | 8.53 | -71.17% | $33.27 | $3.9 |
| 2018 | 29.59 | 199.49% | $24.26 | $0.82 |
| 2017 | 9.88 | -33.51% | $33.39 | $3.38 |
| 2016 | 14.86 | N/A | $28.83 | $1.94 |
| 2015 | N/A | N/A | $22.72 | -$0.82 |
| 2014 | N/A | N/A | $21.38 | -$0.31 |
| 2013 | N/A | N/A | $23.52 | -$0.35 |
| 2012 | N/A | N/A | $11.64 | -$3.62 |
| 2011 | 1.64 | N/A | $10.43 | $6.37 |
| 2010 | N/A | N/A | $14.85 | -$3.19 |
MGM Resorts International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 203.88 | 985.05% | $34.66 | $0.17 |
| Jun 2025 | 18.79 | 42.67% | $34.39 | $1.83 |
| Mar 2025 | 13.17 | -8.03% | $29.64 | $2.25 |
| Dec 2024 | 14.32 | 2.95% | $34.65 | $2.42 |
| Sep 2024 | 13.91 | -16.76% | $39.09 | $2.81 |
| Jun 2024 | 16.71 | -7.27% | $44.44 | $2.66 |
| Mar 2024 | 18.02 | 29.83% | $47.21 | $2.62 |
| Dec 2023 | 13.88 | 12.48% | $44.68 | $3.22 |
| Sep 2023 | 12.34 | -69.94% | $36.76 | $2.98 |
| Jun 2023 | 41.05 | 339.04% | $43.92 | $1.07 |
| Mar 2023 | 9.35 | -1.89% | $44.42 | $4.75 |
| Dec 2022 | 9.53 | -4.41% | $33.53 | $3.52 |
| Sep 2022 | 9.97 | 149.25% | $29.72 | $2.98 |
| Jun 2022 | 4 | -70.06% | $28.95 | $7.24 |
| Mar 2022 | 13.36 | -27.35% | $41.94 | $3.14 |
MGM Price vs fair value
MGM average PE ratio chart
The current PE ratio of MGM is above its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 188.29, MGM stands above the Consumer Cyclical sector, the industry and its peers average. Looking at its Consumer Cyclical sector average of 19.04, MGM Resorts International's P/E is 889% higher.
MGM PE vs peers
MGM's PE ratio is above its peer stocks LVS and WYNN. MGM Resorts International's current PE ratio of 188.29 is in line with the average of its peer group, which is 21.77.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BYD Boyd Gaming Corp | 3.51 | $6.27B |
| MCRI Monarch Casino & Resort Inc | 20.19 | $1.67B |
| LVS Las Vegas Sands Corp | 28.3 | $42.29B |
| WYNN Wynn Resorts Ltd | 35.07 | $13.02B |
| MGM MGM Resorts International | 188.29 | $8.75B |
| PENN Penn National Gaming Inc | N/A | $2.39B |
| CNTY Century Casinos Inc | N/A | $59.59M |
Frequently asked questions
What is MGM Resorts International's PE ratio?
MGM's price to earnings ratio is 188.29 as of Nov 5, 2025.
What is the 3-year average PE ratio for MGM Resorts International (MGM)?
The 3-year average PE ratio for MGM stock is 32.08.
What is the 5-year average PE ratio for MGM Resorts International (MGM)?
The 5-year average PE ratio for MGM stock is 27.23.
What is the highest PE ratio for MGM?
Over the last ten years, the quarterly PE ratio reached a historic high of 203.88 in the Sep 2025 quarter.
How does the current PE ratio for MGM compare to its historical average?
MGM's price to earnings ratio is currently 652% above its 10-year historical average.
Why is MGM Resorts International's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is MGM's PE ratio calculated (MGM Resorts International PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), MGM Resorts International's stock price is $32.01. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $0.17. Therefore, MGM Resorts International's price to earnings ratio for today is 188.29. PE RATIO(188.29) = STOCK PRICE($32.01) / TTM EPS($0.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.