MGM Resorts (MGM) Revenue & Revenue Breakdown
MGM Resorts Revenue Highlights
Latest Revenue (Y)
$16.16B
Latest Revenue (Q)
$4.33B
Main Segment (Y)
Casino
Main Geography (Y)
M G M China
MGM Resorts Revenue by Period
MGM Resorts Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $16.16B | 23.13% |
| 2022-12-31 | $13.13B | 35.61% |
| 2021-12-31 | $9.68B | 87.52% |
| 2020-12-31 | $5.16B | -59.98% |
| 2019-12-31 | $12.90B | 9.66% |
| 2018-12-31 | $11.76B | 8.94% |
| 2017-12-31 | $10.80B | 14.20% |
| 2016-12-31 | $9.46B | 2.88% |
| 2015-12-31 | $9.19B | -8.85% |
| 2014-12-31 | $10.08B | 2.78% |
| 2013-12-31 | $9.81B | 7.08% |
| 2012-12-31 | $9.16B | 16.71% |
| 2011-12-31 | $7.85B | 30.40% |
| 2010-12-31 | $6.02B | 0.68% |
| 2009-12-31 | $5.98B | -17.07% |
| 2008-12-31 | $7.21B | -6.28% |
| 2007-12-31 | $7.69B | 7.19% |
| 2006-12-31 | $7.18B | 10.71% |
| 2005-12-31 | $6.48B | 52.94% |
| 2004-12-31 | $4.24B | 8.42% |
| 2003-12-31 | $3.91B | -3.04% |
| 2002-12-31 | $4.03B | 0.54% |
| 2001-12-31 | $4.01B | 13.94% |
| 2000-12-31 | $3.52B | 152.85% |
| 1999-12-31 | $1.39B | 79.83% |
| 1998-12-31 | $773.90M | -6.49% |
| 1997-12-31 | $827.60M | 2.83% |
| 1996-12-31 | $804.80M | 11.50% |
| 1995-12-31 | $721.80M | -2.75% |
| 1994-12-31 | $742.20M | 1184.08% |
| 1993-12-31 | $57.80M | - |
MGM Resorts generated $16.16B in revenue during NA 2023, up 23.13% compared to the previous quarter, and up 137.41% compared to the same period a year ago.
MGM Resorts Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.33B | -1.28% |
| 2024-03-31 | $4.38B | 0.18% |
| 2023-12-31 | $4.38B | 10.13% |
| 2023-09-30 | $3.97B | 0.79% |
| 2023-06-30 | $3.94B | 1.78% |
| 2023-03-31 | $3.87B | 7.82% |
| 2022-12-31 | $3.59B | 5.16% |
| 2022-09-30 | $3.42B | 4.63% |
| 2022-06-30 | $3.26B | 14.38% |
| 2022-03-31 | $2.85B | -6.63% |
| 2021-12-31 | $3.06B | 12.90% |
| 2021-09-30 | $2.71B | 19.38% |
| 2021-06-30 | $2.27B | 37.64% |
| 2021-03-31 | $1.65B | 10.33% |
| 2020-12-31 | $1.49B | 32.65% |
| 2020-09-30 | $1.13B | 288.50% |
| 2020-06-30 | $289.81M | -87.14% |
| 2020-03-31 | $2.25B | -29.27% |
| 2019-12-31 | $3.19B | -3.90% |
| 2019-09-30 | $3.31B | 2.83% |
| 2019-06-30 | $3.22B | 1.46% |
| 2019-03-31 | $3.18B | 4.06% |
| 2018-12-31 | $3.05B | 0.78% |
| 2018-09-30 | $3.03B | 5.97% |
| 2018-06-30 | $2.86B | 1.29% |
| 2018-03-31 | $2.82B | 8.66% |
| 2017-12-31 | $2.60B | -8.12% |
| 2017-09-30 | $2.83B | 7.00% |
| 2017-06-30 | $2.64B | -2.45% |
| 2017-03-31 | $2.71B | 10.05% |
| 2016-12-31 | $2.46B | -2.16% |
| 2016-09-30 | $2.52B | 10.82% |
| 2016-06-30 | $2.27B | 2.71% |
| 2016-03-31 | $2.21B | 0.81% |
| 2015-12-31 | $2.19B | -3.90% |
| 2015-09-30 | $2.28B | -4.37% |
| 2015-06-30 | $2.39B | 2.27% |
| 2015-03-31 | $2.33B | -2.23% |
| 2014-12-31 | $2.39B | -4.00% |
| 2014-09-30 | $2.49B | -3.72% |
| 2014-06-30 | $2.58B | -1.88% |
| 2014-03-31 | $2.63B | 4.66% |
| 2013-12-31 | $2.51B | 2.04% |
| 2013-09-30 | $2.46B | -0.73% |
| 2013-06-30 | $2.48B | 5.49% |
| 2013-03-31 | $2.35B | 2.51% |
| 2012-12-31 | $2.29B | 1.75% |
| 2012-09-30 | $2.25B | -2.96% |
| 2012-06-30 | $2.32B | 1.58% |
| 2012-03-31 | $2.29B | -0.40% |
| 2011-12-31 | $2.30B | 2.83% |
| 2011-09-30 | $2.23B | 23.68% |
| 2011-06-30 | $1.81B | 20.00% |
| 2011-03-31 | $1.50B | 2.63% |
| 2010-12-31 | $1.47B | -5.86% |
| 2010-09-30 | $1.56B | 1.30% |
| 2010-06-30 | $1.54B | 5.51% |
| 2010-03-31 | $1.46B | 0.34% |
| 2009-12-31 | $1.45B | -5.27% |
| 2009-09-30 | $1.53B | -7.37% |
| 2009-06-30 | $1.66B | 10.44% |
| 2009-03-31 | $1.50B | -7.74% |
| 2008-12-31 | $1.62B | -9.02% |
| 2008-09-30 | $1.79B | -5.81% |
| 2008-06-30 | $1.90B | 0.64% |
| 2008-03-31 | $1.88B | -2.34% |
| 2007-12-31 | $1.93B | - |
MGM Resorts generated $4.33B in revenue during Q2 2024, up -1.28% compared to the previous quarter, and up 111.72% compared to the same period a year ago.
MGM Resorts Revenue Breakdown
MGM Resorts Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Reimbursed Costs | $45.74M | $45.69M | $226.08M | $244.95M | $436.89M |
| Casino | $8.09B | $5.73B | $5.36B | $2.87B | $6.52B |
| Entertainment Retail And Other | $1.64B | $1.69B | $1.01B | $518.99M | $1.48B |
| Food and Beverage | $2.89B | $2.60B | $1.39B | - | - |
| Occupancy | $3.50B | $3.06B | $1.69B | $830.38M | $2.32B |
| Food And Beverage | - | - | - | $696.04M | $2.15B |
MGM Resorts's latest annual revenue breakdown by segment (product or service), as of Dec 23: Casino (50.04%), Occupancy (21.66%), Food and Beverage (17.89%), Entertainment Retail And Other (10.13%), and Reimbursed Costs (0.28%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entertainment Retail And Other | $401.61M | $404.39M | $422.20M | $385.69M | $420.71M | $409.58M | $421.69M | $447.64M | $445.34M | $371.57M | $369.58M | $315.69M | $189.01M | $135.22M | $98.86M | $101.62M | $48.57M | $269.94M | $362.49M | $387.60M |
| Casino | $2.21B | $2.24B | $2.20B | $2.05B | $1.95B | $1.88B | $1.55B | $1.41B | $1.36B | $1.42B | $1.53B | $1.40B | $1.34B | $1.10B | $963.83M | $690.22M | $163.65M | $1.05B | $1.63B | $1.66B |
| Food And Beverage | $802.14M | $302.67M | $157.41M | $143.24M | $126.32M | $29.77M | $396.71M | $520.27M | $560.20M | - | - | - | - | - | - | - | - | - | - | - |
| Occupancy | $899.00M | $956.40M | $1.01B | $827.09M | $815.32M | $848.49M | $897.94M | $827.40M | $774.73M | $557.07M | $636.13M | $490.46M | $365.03M | $198.42M | $189.36M | $175.45M | $31.62M | $433.95M | $566.23M | $595.64M |
| Reimbursed Costs | $11.88M | $12.18M | $11.96M | $11.56M | $11.55M | $10.67M | $13.17M | $10.69M | $9.92M | $11.91M | $8.32M | $84.57M | $75.13M | $58.06M | $98.25M | $32.32M | $16.20M | $98.19M | $106.09M | $107.90M |
| Food and Beverage | - | $769.40M | $727.86M | $698.26M | $743.24M | $722.13M | $710.65M | $722.98M | $677.76M | $492.85M | $515.05M | $416.48M | - | - | - | - | - | - | - | - |
MGM Resorts's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Casino (51.13%), Occupancy (20.77%), Food And Beverage (18.54%), Entertainment Retail And Other (9.28%), and Reimbursed Costs (0.27%).
MGM Resorts Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| M G M China | $3.15B | $673.59M | $1.21B | $656.70M | $2.91B |
MGM Resorts's latest annual revenue breakdown by geography, as of Dec 23: M G M China (100.00%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Las Vegas Strip Resorts | $2.21B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| M G M China | $1.02B | $1.06B | $982.54M | $812.52M | $740.96M | $617.59M | $174.72M | $87.49M | $143.01M | $268.38M | $314.72M | $289.06M | $310.63M | $296.35M | $304.75M | $46.87M | $33.20M | $271.89M | $727.37M | $737.75M |
MGM Resorts's latest quarterly revenue breakdown by geography, as of Jun 24: Las Vegas Strip Resorts (68.41%), and M G M China (31.59%).
MGM Resorts Peer Comparison by Revenue
MGM Revenue FAQ
What is MGM Resorts’s yearly revenue?
MGM Resorts's yearly revenue for 2023 was $16.16B, representing an increase of 23.13% compared to 2022. The company's yearly revenue for 2022 was $13.13B, representing an increase of 35.61% compared to 2021. MGM's yearly revenue for 2021 was $9.68B, representing an increase of 87.52% compared to 2020.
What is MGM Resorts’s quarterly revenue?
MGM Resorts's quarterly revenue for Q2 2024 was $4.33B, a -1.28% decrease from the previous quarter (Q1 2024), and a 9.77% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.38B, a 0.18% increase from the previous quarter (Q4 2023), and a 13.17% increase year-over-year (Q1 2023). MGM's quarterly revenue for Q4 2023 was $4.38B, a 10.13% increase from the previous quarter (Q3 2023), and a 21.81% increase year-over-year (Q4 2022).
What is MGM Resorts’s revenue growth rate?
MGM Resorts's revenue growth rate for the last 3 years (2021-2023) was 66.98%, and for the last 5 years (2019-2023) was 25.31%.
What are MGM Resorts’s revenue streams?
MGM Resorts's revenue streams in c 23 are Reimbursed Costs, Casino, Entertainment Retail And Other, Food and Beverage, and Occupancy. Reimbursed Costs generated $45.74M in revenue, accounting 0.28% of the company's total revenue, up 0.10% year-over-year. Casino generated $8.09B in revenue, accounting 50.04% of the company's total revenue, up 41.05% year-over-year. Entertainment Retail And Other generated $1.64B in revenue, accounting 10.13% of the company's total revenue, down -2.85% year-over-year. Food and Beverage generated $2.89B in revenue, accounting 17.89% of the company's total revenue, up 11.03% year-over-year. Occupancy generated $3.5B in revenue, accounting 21.66% of the company's total revenue, up 14.52% year-over-year.
What is MGM Resorts’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of MGM Resorts was Casino. This segment made a revenue of $8.09B, representing 50.04% of the company's total revenue.