MGM Resorts (MGM) fundamentals: P/E, valuation, undervalued?

MGM Resorts · Consumer Discretionary · ref. ETF XLY · price $42.97
Logo MGM ResortsSee the full MGM Resorts (MGM) profile
In short — MGM Resorts trades at 26.4× earnings (P/E), 20.8× forward, with a net margin of 2.4 % and revenue growth of +1 %. Read: Cheap for the growth (P/E 21 for ~519% growth (PEG 0.0)).

Is MGM Resorts stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$42.97+8.5% over range
Aug 28, 25low $30.72 · high $50.69Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
38% recommend buying · 13 analysts
Valuation : Cheap for the growth — P/E 21 for ~519% growth (PEG 0.0)

Valuation

26.4
P/E (price/earnings)
20.8
Forward P/E
PEG
4.3
Price/book (P/B)
$11.0B
Market cap
1.63
EPS

Profitability & growth

2.4 %
Net margin
+1 %
Revenue growth
+519 %
Earnings growth
$30.2B
Total debt

MGM Resorts income statement

Fiscal yearRevenueNet incomeMargin
2022$13.1B$1.5B11.2 %
2023$16.2B$1.1B7.1 %
2024$17.2B$747M4.3 %
2025$17.5B$206M1.2 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is MGM Resorts's P/E and is the stock undervalued? What's a good P/E?

MGM Resorts's P/E is 26.4 (forward 20.8). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is MGM Resorts profitable?

MGM Resorts has a net margin of 2.4 % (EPS 1.63). The company is profitable.

Is MGM stock expensive?

Our read: "Cheap for the growth" — P/E 21 for ~519% growth (PEG 0.0). Cross-check with growth and sector.

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