MGM Resorts Profit Margin 2010-2022 | MGM
Current and historical gross margin, operating margin and net profit margin for MGM Resorts (MGM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. MGM Resorts net profit margin as of June 30, 2022 is 27.33%.
|MGM Resorts Annual Profit Margins
|MGM Resorts Quarterly Profit Margins
MGM Resorts International is a holding company which owns and operates casino resorts through wholly owned subsidiaries. The company's resorts portfolio incorporates unique hotel offerings, including some of the most familiar resort brands in the industry such as Bellagio, MGM Grand, Mandalay Bay and The Mirage. The company reports under three segments: Las Vegas Strip, Regional Operations, MGM China and Management and other operations. MGM China's operations consist of the MGM Macau resort and casino and the company is currently developing an integrated casino, hotel, and entertainment resort on the Cotai Strip in the region. MGM Resorts created a controlled real estate investment trust named MGM Growth Properties LLC. MGM Growth Properties LLC, a premier real estate investment trust engaged in the acquisition, ownership and leasing of large-scale resorts. The company's superior business model, extensive non-gaming revenue opportunities, high-quality assets and property locations are primary growth drivers.