MGM MGM Resorts International PE ratio, current and historical analysis

The price-to-earnings ratio for MGM Resorts International stock stands at 12.37 as of Apr 1, 2025. This results from the current EPS of $2.42 and stock price of $29.94. A decrease of 21% has been recorded in the PE ratio compared to the average of 15.7 of the past four quarters.

MGM PE ratio history

How has MGM's PE ratio performed in the past

Over the last nine years, the average PE ratio of MGM Resorts International has been 19.68. The current 12.37 price-to-earnings ratio is 37% less than the historical average. In the past nine years, MGM's PE ratio reached its highest point in the Jun 2019 quarter at 84.03, with a price of $28.57 and an EPS of $0.34. The Mar 2020 quarter saw the lowest point at 2.15, with a price of $11.8 and an EPS of $5.48.

Today
12.37
Average
19.68
Median
13.62
Minimum
2.15
Maximum
84.03

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
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
Dec 2021 18.39 -42.89% $44.88 $2.44
Sep 2021 32.2 N/A $43.15 $1.34
Jun 2021 N/A N/A $42.65 -$2.55

MGM average PE ratio chart

What is the average PE ratio of MGM for the past years

The current PE ratio of MGM is lower than the 3, 5 and 10-year averages.

3-year avg
14.83
5-year avg
14.97
10-year avg
19.68
15-year avg
21.77

MGM PE vs peers

What is MGM's PE ratio compared to its peers

MGM's PE ratio is less than its peer stocks LVS and WYNN, but it is above BYD's. MGM Resorts International is presently trading at a lower PE ratio (12.37) than its peer group average of 17.19.

Stock name PE ratio Market cap
BYD Boyd Gaming Corp 10.62 $5.5B
MGM MGM Resorts International 12.37 $8.55B
WYNN Wynn Resorts Ltd 18.14 $8.8B
LVS Las Vegas Sands Corp 19.87 $28.03B
MCRI Monarch Casino & Resort Inc 20.13 $1.45B
PENN Penn National Gaming Inc N/A $2.47B
CNTY Century Casinos Inc N/A $50.93M

Frequently asked questions

What is MGM Resorts International's PE ratio?

MGM's price to earnings ratio is 12.37 as of Apr 1, 2025.

What is the 3-year average PE ratio for MGM Resorts International (MGM)?

The 3-year average PE ratio for MGM stock is 14.83.

What is the 5-year average PE ratio for MGM Resorts International (MGM)?

The 5-year average PE ratio for MGM stock is 14.97.

What is the highest PE ratio for MGM?

Over the last nine years, the quarterly PE ratio reached a historic high of 84.03 in the Jun 2019 quarter.

How does the current PE ratio for MGM compare to its historical average?

MGM's price to earnings ratio is currently 37% below its 9-year historical average.

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 (Apr 1, 2025), MGM Resorts International's stock price is $29.94. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.42. Therefore, MGM Resorts International's price to earnings ratio for today is 12.37. PE RATIO(12.37) = STOCK PRICE($29.94) / TTM EPS($2.42)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.