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 15.53 as of May 14, 2025. This results from the current EPS of $2.25 and stock price of $34.95. An increase of 7% has been recorded in the PE ratio compared to the average of 14.5 of the past four quarters.
MGM PE ratio history
Over the last nine years, the average PE ratio of MGM Resorts International has been 19.47. The current 15.53 price-to-earnings ratio is 20% 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.
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 |
|---|---|---|---|---|
| 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 |
| Dec 2021 | 18.39 | -42.89% | $44.88 | $2.44 |
| Sep 2021 | 32.2 | N/A | $43.15 | $1.34 |
MGM Price vs fair value
MGM average PE ratio chart
The current PE ratio of MGM is above its 3 and 5-year historical averages, but it is lower than the 10-year average.
MGM PE vs 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 (15.53) than its peer group average of 20.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BYD Boyd Gaming Corp | 12.47 | $6.19B |
| MGM MGM Resorts International | 15.53 | $9.51B |
| MCRI Monarch Casino & Resort Inc | 20.46 | $1.52B |
| LVS Las Vegas Sands Corp | 23.57 | $29.98B |
| WYNN Wynn Resorts Ltd | 24.74 | $10.19B |
| PENN Penn National Gaming Inc | N/A | $2.44B |
| CNTY Century Casinos Inc | N/A | $60.75M |
Frequently asked questions
What is MGM Resorts International's PE ratio?
MGM's price to earnings ratio is 15.53 as of May 14, 2025.
What is the 3-year average PE ratio for MGM Resorts International (MGM)?
The 3-year average PE ratio for MGM stock is 14.69.
What is the 5-year average PE ratio for MGM Resorts International (MGM)?
The 5-year average PE ratio for MGM stock is 14.86.
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 20% 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 (May 14, 2025), MGM Resorts International's stock price is $34.95. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.25. Therefore, MGM Resorts International's price to earnings ratio for today is 15.53. PE RATIO(15.53) = STOCK PRICE($34.95) / TTM EPS($2.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.