MGM Resorts (MGM) fundamentals: P/E, valuation, undervalued?
MGM Resorts · Consumer Discretionary · ref. ETF XLY · price $29.4
In short — MGM Resorts trades at 18.1× earnings (P/E), 15.3× forward, with a net margin of 2.4 % and revenue growth of +1 %. Read: Cheap for the growth (P/E 15 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
$29.4-9.4% over range
Oct 14, 25low $29.27 · high $50.69Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
46% recommend buying · 13 analysts
Valuation : Cheap for the growth — P/E 15 for ~519% growth (PEG 0.0)
Valuation
18.1
P/E (price/earnings)
15.3
Forward P/E
—
PEG
2.9
Price/book (P/B)
$7.4B
Market cap
1.62
EPS
Profitability & growth
2.4 %
Net margin
+1 %
Revenue growth
+519 %
Earnings growth
$30.2B
Total debt
MGM Resorts income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $13.1B | $1.5B | 11.2 % |
| 2023 | $16.2B | $1.1B | 7.1 % |
| 2024 | $17.2B | $747M | 4.3 % |
| 2025 | $17.5B | $206M | 1.2 % |
⚠️ 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 18.1 (forward 15.3). 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 1.62). The company is profitable.
Is MGM stock expensive?
Our read: "Cheap for the growth" — P/E 15 for ~519% growth (PEG 0.0). Cross-check with growth and sector.
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