MGM Resorts InternationalMGM
時価総額
$101億
PER
ホテル・カジノを中核とする総合ゲーミング・エンターテインメント事業の米国最大手。高級リゾート、会議施設、オンラインiGaming・BetMGMを展開。2022年5月にザ・コスモポリタンを約17億ドルで買収、2022年4月のVICI取引で再編。米国、マカオ、日本（大阪IR）を中心に世界展開。
| 2010年 12月31日 | 2011年 12月31日 | 2012年 12月31日 | 2013年 12月31日 | 2014年 12月31日 | 2015年 12月31日 | 2016年 12月31日 | 2017年 12月31日 | 2018年 12月31日 | 2019年 12月31日 | 2020年 12月31日 | 2021年 12月31日 | 2022年 12月31日 | 2023年 12月31日 | 2024年 12月31日 | |
| Net income | - | 3,235 | -1,617 | 57 | 127 | -1,040 | 1,237 | 2,096 | 584 | 2,214 | -1,320 | 1,208 | 207 | 1,315 | 1,065 |
| Depreciation and amortization | 633 | 817 | 928 | 849 | 816 | 820 | 850 | 993 | 1,178 | 1,305 | 1,211 | 1,151 | 3,482 | 814 | 831 |
| Amortization of debt discounts and issuance costs | 88 | 94 | 73 | 35 | 38 | 46 | 40 | 33 | 41 | 39 | 34 | 40 | 33 | 28 | 27 |
| Loss on early retirement of debt | 132 | 1 | -563 | -4 | - | -2 | -67 | -46 | -4 | -198 | -126 | -0 | - | - | -7 |
| Provision for credit losses | 30 | 39 | 57 | 15 | 47 | 55 | 11 | 21 | 40 | 39 | 71 | 22 | 23 | 49 | 61 |
| Stock-based compensation | 35 | 40 | 40 | 32 | - | - | 55 | 62 | 70 | 89 | 107 | 65 | 71 | 74 | 80 |
| Property transactions, net | 1,451 | 179 | 708 | 125 | 41 | 1,504 | 17 | 50 | 9 | 276 | 94 | -68 | -1,037 | -371 | 81 |
| Foreign currency transaction loss (gain) | - | - | - | - | - | - | - | - | - | - | - | - | - | -106 | 129 |
| Gain on REIT transactions, net | - | - | - | - | - | - | - | - | - | 2,678 | 1,492 | - | 2,278 | - | - |
| Noncash lease expense | - | - | - | - | - | - | - | - | - | 72 | 183 | 189 | 438 | 516 | 515 |
| Other investment losses (gains) | - | - | - | - | - | - | - | - | - | - | - | 28 | 12 | -1 | -32 |
| Loss from unconsolidated affiliates | -191 | -28 | -137 | -115 | -25 | 178 | 471 | 111 | 97 | 57 | -60 | 2 | -184 | -63 | -91 |
| Distributions from unconsolidated affiliates | 93 | 61 | 21 | 17 | 16 | 29 | 17 | 13 | 12 | 0 | 87 | 99 | 37 | 20 | 22 |
| Deferred income taxes | -634 | -394 | -117 | 59 | 332 | -4 | -81 | -1,265 | 47 | 595 | 18 | 242 | 496 | -117 | -85 |
| Accounts receivable | 17 | 155 | -1 | 60 | 32 | 63 | 33 | 18 | 150 | 727 | -960 | 236 | 212 | 132 | 158 |
| Inventories | -5 | 8 | -5 | 0 | -3 | 3 | -11 | 5 | 8 | -7 | -15 | -3 | 27 | 16 | -1 |
| Income taxes receivable and payable, net | - | - | -6 | 13 | -29 | -6 | 13 | -53 | 14 | 1 | -216 | -30 | 197 | -58 | -133 |
| Prepaid expenses and other | -2 | -15 | 5 | 39 | -22 | 14 | -20 | 47 | 16 | -8 | 0 | 37 | 14 | 51 | -35 |
| Accounts payable and accrued liabilities | 11 | 33 | 163 | 117 | -289 | -139 | 273 | 420 | 22 | 466 | -1,383 | 443 | 184 | 410 | -107 |
| Other | - | 6 | 13 | -20 | 1 | -26 | -40 | -21 | -35 | -36 | -49 | -126 | -15 | 39 | 124 |
| Net cash provided by operating activities | 504 | - | - | - | - | - | - | - | 1,723 | 1,810 | -1,493 | 1,373 | 1,756 | 2,691 | 2,362 |
| Capital expenditures | 207 | 301 | 423 | 562 | 872 | 1,467 | 2,262 | 1,864 | 1,487 | 739 | 271 | 491 | 765 | 932 | 1,151 |
| Dispositions of property and equipment | 78 | 0 | 0 | 18 | 8 | 8 | 4 | 1 | 26 | 3 | 6 | 107 | 112 | 5 | 13 |
| Proceeds from sale of operating resorts | - | - | - | - | - | - | - | - | - | - | - | - | 1,054 | 460 | - |
| Proceeds from Sale and Collection of Notes Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | 153 | - |
| Proceeds from real estate transactions | - | - | - | - | - | - | - | - | - | - | - | 3,888 | 4,374 | - | - |
| Acquisitions, net of cash acquired | - | -407 | - | - | - | - | 559 | - | - | - | - | - | - | 122 | 114 |
| Investments in unconsolidated affiliates | 553 | 129 | 54 | 29 | 103 | 196 | 4 | 17 | 56 | 82 | 97 | 227 | 255 | 161 | 182 |
| Distributions from unconsolidated affiliates | - | - | 2 | 0 | 0 | 202 | 542 | 301 | 323 | 101 | 64 | 10 | 10 | 8 | 2 |
| Investments and other | 2 | 1 | 1 | 20 | -11 | 4 | 12 | 2 | 17 | 31 | -1 | -46 | 523 | 126 | -148 |
| Net cash provided by (used in) investing activities | -586 | - | - | - | - | - | - | - | -2,083 | 3,519 | 2,159 | 1,544 | 2,118 | -714 | -1,283 |
| Proceeds from (Repayments of) Short-Term Debt, Maturing in Three Months or Less | -1,886 | -306 | 1,779 | -28 | -28 | 977 | 491 | 15 | 1,242 | -3,634 | -1,595 | -2,096 | 1,148 | -1,097 | 104 |
| Issuance of long-term debt | - | - | - | - | - | - | 2,050 | 350 | 1,000 | 3,250 | 3,550 | 750 | - | - | 2,100 |
| Repayment of long-term debt | - | - | - | - | - | - | - | - | - | - | - | - | 1,070 | 1,286 | 2,175 |
| Debt issuance costs | 107 | - | 160 | 24 | 14 | 46 | 140 | 10 | 77 | 63 | 62 | 19 | 1 | 22 | 38 |
| Dividends paid to common shareholders | - | - | - | - | - | - | - | 252 | 261 | 271 | 78 | 5 | 4 | - | - |
| Distributions to noncontrolling interest owners | - | - | 207 | 318 | 387 | 307 | 103 | 170 | 185 | 223 | 286 | 324 | 211 | 177 | 189 |
| Repurchases of common stock | - | - | - | - | - | - | - | 328 | 1,283 | 1,032 | 354 | 1,754 | 2,775 | 2,292 | 1,358 |
| Other | -3 | -7 | -6 | -8 | -5 | -13 | -30 | -59 | -45 | -42 | -54 | -159 | -111 | -131 | -9 |
| Net cash used in financing activities | -1,475 | - | - | - | - | - | - | - | 389 | -4,530 | 2,103 | -2,814 | -3,024 | -5,005 | -1,564 |
| Effect of exchange rate on cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | - | -2 | 3 | 2 | -2 | 9 | -19 | -27 |
| Net change for the period | - | - | - | - | - | - | - | - | 27 | 803 | 2,772 | 101 | 833 | -3,021 | -512 |
| Interest paid, net of amounts capitalized | 1,020 | 1,002 | 1,040 | 840 | 777 | 777 | 661 | 659 | 724 | 827 | 640 | 706 | 574 | 452 | 406 |
| Income Taxes Paid, Net | -330 | -172 | 7 | 1 | 42 | 12 | 68 | 182 | -10 | 28 | 9 | 43 | 23 | 344 | 267 |
| MGM Grand Paradise gaming concession intangible asset | - | - | - | - | - | - | - | - | - | - | - | - | - | 226 | - |
| MGM Grand Paradise gaming concession payment obligation | - | - | - | - | - | - | - | - | - | - | - | - | - | 226 | - |