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Mgm Resorts International (MGM) |
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MGM's Revenue Growth by Quarter and Year
Mgm Resorts International's Revenue results by quarter and year
Select the Comparisons :
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Select the Ratio:
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MGM Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
4,375.56
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3,592.22
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3,056.89
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1,493.54
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III Quarter |
September |
3,973.18
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3,416.07
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2,707.54
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1,125.92
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II Quarter |
June |
3,942.21
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3,264.89
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2,267.96
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289.81
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I Quarter |
March |
3,873.30
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2,854.31
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1,647.75
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2,252.82
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FY |
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16,164.25
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13,127.49
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9,680.14
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5,162.09
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MGM Revenue fourth quarter 2023 Y/Y Growth Comment |
Mgm Resorts International reported Revenue improvement of 21.81% year on year in the fourth quarter 2023, to $ 4,375.56 millions, this is lower than Mgm Resorts International's recent average Revenue improvement of 24.26%.
Looking into fourth quarter 2023 results within Hotels & Tourism industry 3 other companies have achieved higher Revenue growth. While Mgm Resorts International' s Revenue rise of 21.81% ranks overall at the positon no. 358 in the fourth quarter 2023.
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MGM Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
21.81 % |
17.51 % |
104.67 % |
-53.11 % |
III Quarter |
September |
16.31 % |
26.17 % |
140.47 % |
-66.03 % |
II Quarter |
June |
20.75 % |
43.96 % |
682.57 % |
-91.01 % |
I Quarter |
March |
35.7 % |
73.22 % |
-26.86 % |
-29.09 % |
FY |
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23.13 % |
35.61 % |
87.52 % |
-59.98 % |
MGM Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
10.13 % |
5.16 % |
12.9 % |
32.65 % |
III Quarter |
September |
0.79 % |
4.63 % |
19.38 % |
288.5 % |
II Quarter |
June |
1.78 % |
14.38 % |
37.64 % |
-87.14 % |
I Quarter |
March |
7.82 % |
-6.63 % |
10.33 % |
-29.27 % |
FY (Year on Year) |
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23.13 % |
35.61 % |
87.52 % |
-59.98 % |
Revenue Y/Y Growth Statistics |
High |
Average |
Low |
682.57 % |
24.26 % |
-91.01 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue Y/Y Growth Statistics |
High |
Average |
Low |
682.57 % |
24.26 % |
-91.01 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Mgm Resorts International's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics |
High |
Average |
Low |
288.5 % |
7.65 % |
-87.14 % |
(Sep 30 2020) |
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MGM's IV. Quarter Q/Q Revenue Comment |
Mgm Resorts International achieved in the IV. Quarter 2023 above company average sequential Revenue rise of 10.13%, to $ 4,375.56 millions, from $3,973.18 millions in the third quarter. Hotels & Tourism company is going from strength to strength, not just reporting above normal growth, and additionally improving rate.
Within Hotels & Tourism industry 5 other companies have achieved higher Revenue quarter on quarter growth. While Mgm Resorts International's Revenue growth quarter on quarter, overall rank is 274. |
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Revenue Q/Q Growth Statistics |
High |
Average |
Low |
288.5 % |
7.65 % |
-87.14 % |
(Sep 30 2020) |
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MGM's IV. Quarter Q/Q Revenue Comment |
Mgm Resorts International achieved in the IV. Quarter 2023 above company average sequential Revenue rise of 10.13%, to $ 4,375.56 millions, from $3,973.18 millions in the third quarter. MGM is undergoing a remarkable growth, not only reporting above average gain, but also improving rate, Emme Pereira, an industry contributor mentioned.
Within Hotels & Tourism industry 5 other companies have achieved higher Revenue quarter on quarter growth. While Mgm Resorts International's Revenue growth quarter on quarter, overall rank is 274. |
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Mgm Resorts International's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Revenue 12 Months Ending |
$ 16,164.25 |
$ 15,380.90 |
$ 14,823.79 |
$ 14,146.47 |
$ 13,127.49 |
Y / Y Revenue Growth (TTM) |
23.13 % |
22.15 % |
24.74 % |
29.94 % |
35.61 % |
Year on Year Revenue Growth Overall
Ranking |
# 87 |
# 173 |
# 45 |
# 9 |
# 137 |
Seqeuential Revenue Change (TTM) |
5.09 % |
3.76 % |
4.79 % |
7.76 % |
4.25 % |
Seq. Revenue Growth (TTM) Overall
Ranking |
# 657 |
# 1510 |
# 452 |
# 221 |
# 1239 |
Cumulative Revenue growth
Comment |
Mgm Resorts International saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 23.13% year on year, to $ 16,164 millions if the fiscal year would have ended in Dec 31 2023. Mgm Resorts International's trailing twelve months Revenue growth was higher than company's average 10.28% and higher than 22.15% growth in Sep 30 2023. But from twelve months ended Sep 30 2023 growth rate was less at 5.09 % from $15380.9 millions recorded in the period from Sep 30 2023 to Dec 31 2022 Emme Pereira added on. We witness drop-off in progress, more evident observing the typical Q/Q TTM Revenue advancement which is higher at 10.28% Emme Pereira published. The progress was even stronger from twelve months ended Sep 30 2023 showed at 5.09 % jump from $15380.9 millions in twelve months ending a quarter before.
Among companies within the Services sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 87, from total ranking in previous quarter at 173. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
138.9 % |
10.28 % |
-61.95 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
138.9 % |
10.28 % |
-61.95 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 12 |
Sector |
# 111 |
S&P 500 |
# 657 |
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Cumulative Revenue growth
Comment |
Mgm Resorts International saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 23.13% year on year, to $ 16,164 millions if the fiscal year would have ended in Dec 31 2023. Mgm Resorts International's trailing twelve months Revenue growth was higher than company's average 10.28% and higher than 22.15% growth in Sep 30 2023. But from twelve months ended Sep 30 2023 increase was less at 5.09 % from $15380.9 millions recorded in the period from Sep 30 2023 to Dec 31 2022 Emme Pereira added on. It appears to be stagnation happening, more evident if you pay attention to the usual Q/Q TTM Revenue advancement which is better at10.28%. The progress was much stronger from twelve months ended Sep 30 2023 exhibited at 5.09 % increase from $15380.9 millions in the period from Sep 30 2023 to Dec 31 2022.
Among companies within the Services sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 87, from total ranking in previous quarter at 173. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
138.9 % |
10.28 % |
-61.95 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
138.9 % |
10.28 % |
-61.95 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 12 |
Sector |
# 111 |
S&P 500 |
# 657 |
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