# MGM · MGM Resorts International

Snapshot 2026-10-26 · CIK 0000789570 · NYSE · Hotels & Motels

Price 28.06 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 7.06 B

Machine-readable: https://theclaudetrader.com/s/MGM.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 54.6 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 9, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 17.54 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.33  · threshold >= 2.0 · points 5.0/15
- 2b Long-term debt vs working capital: 5.49 LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 9 of 10  · threshold 10 of 10 · points 13.5/15
- 4 Dividends every year for 20 years: 6 of 20  · threshold 20 of 20 · points 4.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 0.26 -> 2.12 (+704%)  · threshold >= +33% · points 10.0/10
- 6 P/E on 3-year average EPS: 13.3  · threshold <= 15 · points 15.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 2.81, product 37.2  · threshold <= 1.5 or <= 22.5 · points 1.6/10

Inputs:
  - Price (close, per traded unit): 28.06 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 17537683000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - current_assets: 4403953000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - current_liabilities: 3298948000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - lt_debt: 6068442000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - equity: 2513775000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - Net income FY2016: 1100408000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459019004807/ · unverified
  - Net income FY2017: 1952052000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/ · unverified
  - Net income FY2018: 466772000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/ · unverified
  - Net income FY2019: 2049146000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/ · unverified
  - Net income FY2020: -1032724000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - Net income FY2021: 1254370000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Net income FY2022: 1473093000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Net income FY2023: 1142180000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2024: 746558000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2025: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Dividend years (Yahoo): [2000, 2001, 2017, 2018, 2019, 2020, 2021, 2022] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/MGM/history?filter=div · verified (partly: XBRL covers 8 of 20 years)
  - Dividends per share FY2015 (XBRL): 0.0 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000095012318006505/ · verified
  - Dividends per share FY2016 (XBRL): 0.0 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000095012318006505/ · verified
  - Dividends per share FY2017 (XBRL): 0.44 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/ · verified
  - Dividends per share FY2018 (XBRL): 0.48 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/ · verified
  - Dividends per share FY2019 (XBRL): 0.52 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/ · verified
  - Dividends per share FY2020 (XBRL): 0.1575 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · verified
  - Dividends per share FY2021 (XBRL): 0.01 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · verified
  - Dividends per share FY2022 (XBRL): 0.01 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · verified
  - EPS diluted FY2014: -0.31 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000156459017003007/ · unverified
  - EPS diluted FY2015: -0.82 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000095012318006505/ · unverified
  - EPS diluted FY2016: 1.92 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000156459019004807/ · unverified
  - EPS diluted FY2023: 3.19 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - EPS diluted FY2024: 2.4 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - EPS diluted FY2025: 0.76 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Shares outstanding: 251592756.0 · 2026-07-27 · SEC cover page 10-Q 0000789570-26-000076 (251,592,756 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/mgm-20260630.htm · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/R1.htm

### Magic Formula: 51.3 (ok) · complete: True · missing tests: none · current inputs as of 2025-09-30 · stale inputs: operating_income_q, ppe_net · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 9.61 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 13.77 % · threshold  · points /
-  Combined rank: 184  · threshold  · points /

Inputs:
  - operating_income: 1001780000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/
  - operating_income_q: 301242000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/789570/000078957026000035/
  - operating_income_q: 385057000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/789570/000078957026000035/
  - operating_income_q: 503636000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - operating_income_q: 404565000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - current_assets: 4403953000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - current_liabilities: 3298948000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - cash: 2547380000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - ppe_net: 6281685000.0 · 2025-09-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/789570/000078957025000074/
  - debt_incl_current: 6068442000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/
  - shares_out: 251592756.0 · 2026-07-27 · SEC cover page 10-Q 0000789570-26-000076 (251,592,756 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/mgm-20260630.htm · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/R1.htm
  - Price (close): 28.06 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebt (incl. current maturities) ·  ·  · 

### Momentum: 44.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 14.5 % · threshold  · points 30.0/50
-  6 month return: -27.9 % · threshold  · points 0.9/20
-  Price / 52-week high: 0.554  · threshold  · points 8.3/15
-  Volatility penalty (60d annualised): 33.0 % · threshold  · points 5.1/15

Inputs:
  - Adjusted close series (14 months): 28.06 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

### Buffett Quality: 66.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 47, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 16.5% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 9 of 10  · threshold all years · points 13.5/15
- 3 Net income growth, 3-yr average now vs start of window: -7.1% a year  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 8.7 years · threshold <= 4 · points 0.0/15
- 5 Operating margin, 5-yr average: 12.1%  · threshold >= 20% · points 3.4/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.31  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 20.9%  · threshold >= 7% · points 15.0/15

Inputs:
  - Price (close, per traded unit): 28.06 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 466772000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/ · unverified
  - Equity at FY2018 end: 6512283000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/ · unverified
  - Net income FY2019: 2049146000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/ · unverified
  - Equity at FY2019 end: 7727265000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/ · unverified
  - Net income FY2020: -1032724000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - Equity at FY2020 end: 6504726000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/ · unverified
  - Net income FY2021: 1254370000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Equity at FY2021 end: 6070645000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - Net income FY2022: 1473093000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Equity at FY2022 end: 4831529000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Net income FY2023: 1142180000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Equity at FY2023 end: 3811170000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Net income FY2024: 746558000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Equity at FY2024 end: 3023481000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2025: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Equity at FY2025 end: 2429917000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - Net income FY2016: 1100408000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459019004807/ · unverified
  - Net income FY2017: 1952052000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/ · unverified
  - Net income FY2018: 466772000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/ · unverified
  - Net income FY2019: 2049146000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/ · unverified
  - Net income FY2020: -1032724000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - Net income FY2021: 1254370000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Net income FY2022: 1473093000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Net income FY2023: 1142180000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2024: 746558000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2025: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - debt_incl_current: 6068442000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - Operating income FY2021: 2278699000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Revenue FY2021: 9680140000.0 · 2021-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Operating income FY2022: 1439372000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Revenue FY2022: 13127485000.0 · 2022-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Operating income FY2023: 1891497000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Revenue FY2023: 16164249000.0 · 2023-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Operating income FY2024: 1490456000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Revenue FY2024: 17240545000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Operating income FY2025: 1001780000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Revenue FY2025: 17537683000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Operating cash flow FY2021: 1373423000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Capital expenditure FY2021: 490697000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified

### Lynch GARP: 8.1 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 36.9  · threshold <= 25 · points 2.1/10
- 4 Borrowings / equity: 2.41  · threshold <= 0.5 · points 0.0/15
- 5 Years of the last 5 in which EPS rose: 2 of 5  · threshold 5 of 5 · points 6.0/15
- 6 Net cash (cash minus borrowings) / market cap: -49.9%  · threshold >= +10% · points 0.0/10

Inputs:
  - Price (close, per traded unit): 28.06 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 0.76 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - EPS diluted FY2020: -2.02 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - debt_incl_current: 6068442000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - equity: 2513775000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - cash: 2547380000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified

### Graham Enterprising: 35.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 11, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.33  · threshold >= 1.5 · points 10.0/15
- 2 Borrowings vs working capital: 5.49 x · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: no  · threshold yes · points 0.0/10
- 5 EPS higher than five years earlier: -2.02 -> 0.76  · threshold higher · points 10.0/10
- 6 Price / book value per share: 2.81  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 28.06 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 4403953000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - current_liabilities: 3298948000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - debt_incl_current: 6068442000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - Net income FY2021: 1254370000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/ · unverified
  - Net income FY2022: 1473093000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/ · unverified
  - Net income FY2023: 1142180000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2024: 746558000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Net income FY2025: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - Dividend years (Yahoo): [2000, 2001, 2017, 2018, 2019, 2020, 2021, 2022] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/MGM/history?filter=div
  - EPS diluted FY2025: 0.76 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - EPS diluted FY2020: -2.02 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/ · unverified
  - equity: 2513775000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - Shares outstanding: 251592756.0 · 2026-07-27 · SEC cover page 10-Q 0000789570-26-000076 (251,592,756 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/mgm-20260630.htm · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/R1.htm

### Piotroski F-Score: 66.7 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 0.5%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 2,529M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 1.8% -> 0.5%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 2,529M vs 206M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 15.1% -> 15.1%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 6 Current ratio improved: 1.30 -> 1.23  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 272M -> 252M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 8.6% -> 5.7%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.41 -> 0.42  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - total_assets 2025-12-31: 41373786000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - cfo 2025-12-31: 2529378000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - net_income 2025-12-31: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - net_income 2024-12-31: 746558000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - total_assets 2025-12-31: 41373786000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - total_assets 2024-12-31: 42231627000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - cfo 2025-12-31: 2529378000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - net_income 2025-12-31: 205862000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - lt_debt 2025-12-31: 6230141000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - lt_debt 2024-12-31: 6362098000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - total_assets 2025-12-31: 41373786000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - total_assets 2024-12-31: 42231627000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - current_assets 2025-12-31: 4332424000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - current_assets 2024-12-31: 4363599000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - current_liabilities 2025-12-31: 3512107000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - current_liabilities 2024-12-31: 3351683000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - shares_out 2026-07-27: 251592756.0 · 2026-07-27 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - shares_out 2025-07-28: 272191042.0 · 2025-07-28 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/789570/000078957025000033/ · unverified
  - operating_income 2025-12-31: 1001780000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - operating_income 2024-12-31: 1490456000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - revenue 2025-12-31: 17537683000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - revenue 2024-12-31: 17240545000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - revenue 2025-12-31: 17537683000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - revenue 2024-12-31: 17240545000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified
  - total_assets 2025-12-31: 41373786000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/ · unverified
  - total_assets 2024-12-31: 42231627000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 28.06 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 251,592,756 underlying shares, period 2026-07-27, SEC cover page 10-Q 0000789570-26-000076 (251,592,756 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/mgm-20260630.htm, accession 0000789570-26-000076 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000076/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 7,059,692,733 USD; 28.06 (price 2026-10-23) / 1 x 251,592,756 (shares at 2026-07-27) = 7,059,692,733

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 9809663000.0 · https://www.sec.gov/Archives/edgar/data/789570/000119312514078072/
- FY2014 (ended 2014-12-31): 10081984000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459017003007/
- FY2015 (ended 2015-12-31): 9179590000.0 · https://www.sec.gov/Archives/edgar/data/789570/000095012318006505/
- FY2016 (ended 2016-12-31): 9478269000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459019004807/
- FY2017 (ended 2017-12-31): 10797479000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/
- FY2018 (ended 2018-12-31): 11763096000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/
- FY2019 (ended 2019-12-31): 12899672000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/
- FY2020 (ended 2020-12-31): 5162082000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/
- FY2021 (ended 2021-12-31): 9680140000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/
- FY2022 (ended 2022-12-31): 13127485000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/
- FY2023 (ended 2023-12-31): 16164249000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/
- FY2024 (ended 2024-12-31): 17240545000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/
- FY2025 (ended 2025-12-31): 17537683000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): -171734000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459016024438/
- FY2014 (ended 2014-12-31): -149873000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459017003007/
- FY2015 (ended 2015-12-31): -445515000.0 · https://www.sec.gov/Archives/edgar/data/789570/000095012318006505/
- FY2016 (ended 2016-12-31): 1100408000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459019004807/
- FY2017 (ended 2017-12-31): 1952052000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459020007393/
- FY2018 (ended 2018-12-31): 466772000.0 · https://www.sec.gov/Archives/edgar/data/789570/000156459021009205/
- FY2019 (ended 2019-12-31): 2049146000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957022000005/
- FY2020 (ended 2020-12-31): -1032724000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957023000008/
- FY2021 (ended 2021-12-31): 1254370000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957024000005/
- FY2022 (ended 2022-12-31): 1473093000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957025000008/
- FY2023 (ended 2023-12-31): 1142180000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/
- FY2024 (ended 2024-12-31): 746558000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/
- FY2025 (ended 2025-12-31): 205862000.0 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000018/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): -0.35 [filed -0.35, split factor 1.0]
- FY2014 (ended 2014-12-31): -0.31 [filed -0.31, split factor 1.0]
- FY2015 (ended 2015-12-31): -0.82 [filed -0.82, split factor 1.0]
- FY2016 (ended 2016-12-31): 1.92 [filed 1.92, split factor 1.0]
- FY2017 (ended 2017-12-31): 3.34 [filed 3.34, split factor 1.0]
- FY2018 (ended 2018-12-31): 0.81 [filed 0.81, split factor 1.0]
- FY2019 (ended 2019-12-31): 3.88 [filed 3.88, split factor 1.0]
- FY2020 (ended 2020-12-31): -2.02 [filed -2.02, split factor 1.0]
- FY2021 (ended 2021-12-31): 2.41 [filed 2.41, split factor 1.0]
- FY2022 (ended 2022-12-31): 3.49 [filed 3.49, split factor 1.0]
- FY2023 (ended 2023-12-31): 3.19 [filed 3.19, split factor 1.0]
- FY2024 (ended 2024-12-31): 2.4 [filed 2.4, split factor 1.0]
- FY2025 (ended 2025-12-31): 0.76 [filed 0.76, split factor 1.0]

## Dividend years (Yahoo history)

2000, 2001, 2017, 2018, 2019, 2020, 2021, 2022

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-05-22 S TAYLOR DANIEL J (director) 6675 @ 38.44 = 256587 · https://www.sec.gov/Archives/edgar/data/789570/000078957026000059/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000789570
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000789570.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000789570&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000789570&type=8-K
- yahoo: https://finance.yahoo.com/quote/MGM
- stooq: https://stooq.com/q/d/?s=mgm.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=MGM
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=MGM
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/mgm/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/MGM
- openinsider (link only, nothing stored): http://openinsider.com/search?q=MGM
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=MGM+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/MGM; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.