MGM Resorts
MGM
#1528
Rank
โ‚น954.23 B
Marketcap
โ‚น3,205
Share price
3.35%
Change (1 day)
1.53%
Change (1 year)
MGM Resorts International is an American company based in Las Vegas that operates hotels and casinos.

Operating Margin for MGM Resorts (MGM)

Operating Margin as of November 2024 (TTM): 7.13%

According to MGM Resorts 's latest financial reports and stock price the company's current Operating Margin is 7.13%. At the end of 2023 the company had an Operating Margin of 9.11%.

Operating Margin history for MGM Resorts from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.11%32.34%
20226.88%-54.41%
202115.10%-151.57%
2020-29.28%-232.68%
201922.07%309.44%
20185.39%-39.43%
20178.90%-32.93%
201613.27%-216.55%
2015-11.38%-379.34%
20144.08%542.85%
20130.63%-103.35%
2012-18.93%-152.48%
201136.07%-198.59%
2010-36.59%8.7%
2009-33.66%262.74%
2008-9.28%-133.07%
200728.06%105.92%
200613.63%25.21%
200510.88%-20.63%
200413.71%54.15%
20038.90%-27.01%
200212.19%68.72%
20017.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.98% 250.35%๐Ÿ‡บ๐Ÿ‡ธ USA
16.88% 136.75%๐Ÿ‡บ๐Ÿ‡ธ USA
4.36%-38.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.85%-210.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.33%-160.73%๐Ÿ‡บ๐Ÿ‡ธ USA
21.55% 202.24%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.