MGM Resorts International (MGM)
44.12
+1.24
(+2.89%)
USD |
NYSE |
Mar 18, 16:00
44.19
+0.07
(+0.16%)
After-Hours: 20:00
MGM Resorts International Gross Profit Margin (Quarterly): 45.71% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 45.71% |
September 30, 2023 | 47.21% |
June 30, 2023 | 47.14% |
March 31, 2023 | 48.45% |
December 31, 2022 | 48.42% |
September 30, 2022 | 49.63% |
June 30, 2022 | 50.69% |
March 31, 2022 | 48.51% |
December 31, 2021 | 48.80% |
September 30, 2021 | 48.58% |
June 30, 2021 | 49.49% |
March 31, 2021 | 43.69% |
December 31, 2020 | 39.03% |
September 30, 2020 | 35.21% |
June 30, 2020 | -29.18% |
March 31, 2020 | 36.16% |
December 31, 2019 | 40.36% |
September 30, 2019 | 41.57% |
June 30, 2019 | 40.90% |
March 31, 2019 | 41.38% |
December 31, 2018 | 40.16% |
September 30, 2018 | 41.00% |
June 30, 2018 | 41.60% |
March 31, 2018 | 42.06% |
December 31, 2017 | 40.64% |
Date | Value |
---|---|
September 30, 2017 | 43.53% |
June 30, 2017 | 42.66% |
March 31, 2017 | 43.61% |
December 31, 2016 | 40.38% |
September 30, 2016 | 43.32% |
June 30, 2016 | 42.15% |
March 31, 2016 | 41.09% |
December 31, 2015 | 39.80% |
September 30, 2015 | 38.71% |
June 30, 2015 | 38.96% |
March 31, 2015 | 37.74% |
December 31, 2014 | 36.85% |
September 30, 2014 | 35.89% |
June 30, 2014 | 37.27% |
March 31, 2014 | 37.27% |
December 31, 2013 | 36.13% |
September 30, 2013 | 35.85% |
June 30, 2013 | 36.33% |
March 31, 2013 | 36.50% |
December 31, 2012 | 35.32% |
September 30, 2012 | 35.14% |
June 30, 2012 | 36.47% |
March 31, 2012 | 34.50% |
December 31, 2011 | 34.47% |
September 30, 2011 | 35.41% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-29.18%
Minimum
Jun 2020
50.69%
Maximum
Jun 2022
41.09%
Average
46.43%
Median
Gross Profit Margin (Quarterly) Benchmarks
Las Vegas Sands Corp | 50.87% |
PENN Entertainment Inc | 22.73% |
Wynn Resorts Ltd | 44.41% |
Caesars Entertainment Inc | 51.08% |
Marriott International Inc | 18.16% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 23.53% |
Return on Assets | 2.63% |
Return on Invested Capital | 9.54% |
Profit Margin (Quarterly) | 7.16% |
Operating Margin (Quarterly) | 9.61% |
Return on Net Operating Assets | 3.06% |