MGM Resorts International

World Rank (Jul-30-2023)
983
Market Cap (Jul-30-2023)
18.517 Billion USD
World Rank (Dec-25-2022)
1,228
Market Cap (Dec-25-2022)
12.988 Billion USD
World Rank (Jan-07-2022)
998
Market Cap (Jan-07-2022)
20.883 Billion USD
World Rank (Jan-01-2021)
1,148
Market Cap (Jan-01-2021)
15.564 Billion USD
Company Rank in Country in 2023
Company Rank in USA in July-2023 is 403
Annual Revenue in USD
13,127 Million USD
Annual Net Income in USD
1,473 Million USD
Total Assets in USD
45,692 Million USD
Total Liabilities in USD
40,323 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters State / City
Nevada
Headquarters Country
USA
Company Business
Resorts
Entertainment
Hotels
Casinos
Consumer Services
Stock Category
S&P 500
Stock Exchange
NYSE
Company Rank in Country in 2022
Company Rank in USA in 2022 is 421
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 452
Rank in Country (Jan-2020)
Rank in USA in 2020 is 366
Number of Employees
75,000
Employee Count as on Date
As on 2022
CEO:
William Hornbuckle
Yahoo
Yahoo @ NYSE
Wikipedia
Wikipedia
Company Website:
MGM RESORTS INTERNATIONAL
About Company Business:

MGM RESORTS INTERNATIONAL owns and operates Casinos, Hotels, Resorts. Headquarters in Nevada, USA.It is aglobal entertainment company.

As on 2022, MGM RESORTS INTERNATIONAL 42,000 employees.

Split of Annual Revenue by business segment  for period ending Dec-2021:

Casino:  revenue was 5,362 million USD.

Rooms: revenue was 1,690 million USD.

Food and beverage: revenue was 1,391 million USD.

Entertainment, retail and other: revenue was 1,009 million USD.

Reimbursed costs: revenue was 226 million USD.

MGM RESORTS INTERNATIONAL annual revenue generated for period ending Dec-2022 was 13,127 million USD.

MGM RESORTS INTERNATIONAL  annual net income generated for period ending Dec-2022 was 1,176 million USD.

Founded Year
1986
Annual Results Summary:

MGM RESORTS INTERNATIONAL - Annual Result Summary - in Million USD

Year Ending: Total Revenue Gross Profit Operating Income Net Income
Dec-2022 13,127 6,474 -1,715 (Loss) 1,441
Dec-2021 9,680 4,649 564 1,176
Dec-2020 5,162 1,709 (642) (Loss) (1,033) (Loss)
Dec-2019 12,900 5,296 3,940 2,049
Dec-2018 11,763 4,844 1,469 467
Dec-2017 10,797 4,604 1,713 1,952
Balance Sheet Summary

Total Assets as on Dec-2022 was 45,692 Million USD.

Total Liabilities as on Dec-2022 was 40,323 Million USD.

Total Equity as on Dec-2022 was 5,368 Million USD.

Quarterly Results Summary:

MGM RESORTS INTERNATIONAL - Quarterly Results Summary - in Million USD

Quarterly Ending:

 Total Revenue Operating-Income Net Income
Dec-2022 3,592 -1,022 (Loss) 265
Sep-2022 3,416 -1,040 (Loss) -568 (Loss)
Jun-2022 3,264 139 1,771
Mar-2022 2,854 207 -27 (Loss)
Dec-2021 3,056 308 106
Sep-2021 2,707 299 1,342
Institutional Investors

Top 30 Institutional Holder Names in MGM RESORTS INTERNATIONAL as on Jun-30-2022

RANK INSTITUTIONAL HOLDER NAME DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
1 VANGUARD GROUP INC 06/30/2022 3,84,04,663 -33,95,096 -8.12% $1,364,902
2 BLACKROCK INC. 06/30/2022 2,41,98,589 -11,98,048 -4.72% $860,018
3 PRICE T ROWE ASSOCIATES INC /MD/ 06/30/2022 2,04,24,636 33,22,373 19.43% $725,892
4 STATE STREET CORP 06/30/2022 1,35,73,505 -13,75,465 -9.20% $482,402
5 FRED ALGER MANAGEMENT, LLC 06/30/2022 1,15,00,421 12,16,783 11.83% $408,725
6 CANADA PENSION PLAN INVESTMENT BOARD 06/30/2022 69,11,523 -17,82,400 -20.50% $245,636
7 GEODE CAPITAL MANAGEMENT, LLC 06/30/2022 68,42,146 -3,05,785 -4.28% $243,170
8 CORVEX MANAGEMENT LP 06/30/2022 66,73,778 0 0% $237,186
9 MORGAN STANLEY 06/30/2022 61,24,938 19,83,977 47.91% $217,680
10 SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 06/30/2022 55,35,635 -1,75,874 -3.08% $196,736
11 ORBIS ALLAN GRAY LTD 06/30/2022 50,94,995 -19,02,542 -27.19% $181,076
12 INVESCO LTD. 06/30/2022 44,25,549 4,07,182 10.13% $157,284
13 ALLIANZ ASSET MANAGEMENT GMBH 06/30/2022 39,55,582 -2,97,032 -6.99% $140,581
14 CITADEL ADVISORS LLC 06/30/2022 38,51,459 -8,61,340 -18.28% $136,881
15 DIMENSIONAL FUND ADVISORS LP 06/30/2022 37,83,928 -83,755 -2.17% $134,481
16 SRS INVESTMENT MANAGEMENT, LLC 06/30/2022 35,88,718 -21,10,920 -37.04% $127,543
17 NORGES BANK 12/31/2021 35,78,576 -8,58,587 -19.35% $127,183
18 MELVIN CAPITAL MANAGEMENT LP 03/31/2022 35,73,801 35,73,801 New $127,013
19 BANK OF AMERICA CORP /DE/ 06/30/2022 35,36,487 2,93,106 9.04% $125,687
20 NORTHERN TRUST CORP 06/30/2022 33,87,362 -2,42,104 -6.67% $120,387
21 SENVEST MANAGEMENT, LLC 06/30/2022 30,54,998 52,539 1.75% $108,575
22 WESTFIELD CAPITAL MANAGEMENT CO LP 06/30/2022 30,23,646 -3,65,292 -10.78% $107,460
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 06/30/2022 27,91,188 -1,23,765 -4.25% $99,199
24 BANK OF NEW YORK MELLON CORP 06/30/2022 24,09,782 1,04,982 4.56% $85,644
25 LEGAL & GENERAL GROUP PLC 03/31/2022 24,05,899 77,913 3.35% $85,506
26 FMR LLC 06/30/2022 21,52,088 -15,72,408 -42.22% $76,485
27 PARAMETRIC PORTFOLIO ASSOCIATES LLC 03/31/2022 20,61,220 1,85,946 9.92% $73,256
28 BARROW HANLEY MEWHINNEY & STRAUSS LLC 06/30/2022 19,67,747 -8,97,957 -31.34% $69,934
29 UBS ASSET MANAGEMENT AMERICAS INC 06/30/2022 16,62,961 -94,074 -5.35% $59,102
30 BAMCO INC /NY/ 06/30/2022 16,41,518 -5,93,928 -26.57% $58,340

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