MGM Resorts International (MGM)
42.71
-0.14
(-0.33%)
USD |
NYSE |
Apr 24, 16:00
42.05
-0.66
(-1.55%)
Pre-Market: 09:04
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
41.07%
Average
47.14%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Las Vegas Sands Corp | 50.63% |
| 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% |