MGM Resorts International (MGM) — Capital Reinvestment Ratio
MGM Resorts International (MGM) has a Capital Reinvestment Ratio of 0.27x as of March 2026, meaning it reinvests 0% of its operating cash flow ($567.79 Million) in capital expenditures ($154.66 Million). See MGM net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
MGM Resorts International Capital Reinvestment Ratio (1989–2025)
This chart tracks MGM Resorts International's Capital Reinvestment Ratio across 34 annual periods. Check how aggressively does MGM Resorts International reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for MGM Resorts International (1989–2025)
Year-by-year Capital Reinvestment Ratio for MGM Resorts International from 1989 to 2025. For live market cap and broader valuation context, see MGM Resorts International market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.39x | $2.74 Billion | $1.07 Billion | ▼ -19.8% |
| 2024 | 0.49x | $2.36 Billion | $1.15 Billion | ▲ +41.1% |
| 2023 | 0.35x | $2.70 Billion | $931.81 Million | ▼ -20.3% |
| 2022 | 0.43x | $1.77 Billion | $765.07 Million | ▲ +21.2% |
| 2021 | 0.36x | $1.37 Billion | $490.70 Million | ▼ -12.5% |
| 2019 | 0.41x | $1.81 Billion | $739.01 Million | ▼ -52.7% |
| 2018 | 0.86x | $1.72 Billion | $1.49 Billion | ▲ +2.2% |
| 2017 | 0.84x | $2.21 Billion | $1.86 Billion | ▼ -42.7% |
| 2016 | 1.47x | $1.53 Billion | $2.26 Billion | ▲ +1.1% |
| 2015 | 1.46x | $1.01 Billion | $1.47 Billion | ▲ +72.4% |
| 2014 | 0.85x | $1.13 Billion | $957.04 Million | ▲ +97.3% |
| 2013 | 0.43x | $1.31 Billion | $562.12 Million | ▼ -7.7% |
| 2012 | 0.46x | $909.35 Million | $422.76 Million | ▲ +4.2% |
| 2011 | 0.45x | $675.13 Million | $301.24 Million | ▲ +8.4% |
| 2010 | 0.41x | $504.01 Million | $207.49 Million | ▲ +76.9% |
| 2009 | 0.23x | $587.91 Million | $136.85 Million | ▼ -77.6% |
| 2008 | 1.04x | $753.03 Million | $781.75 Million | ▼ -64.6% |
| 2007 | 2.93x | $994.42 Million | $2.92 Billion | ▲ +89.6% |
| 2006 | 1.55x | $1.22 Billion | $1.88 Billion | ▲ +140.9% |
| 2005 | 0.64x | $1.18 Billion | $759.95 Million | ▼ -24.2% |
| 2004 | 0.85x | $829.25 Million | $702.86 Million | ▲ +5.9% |
| 2003 | 0.80x | $687.74 Million | $550.23 Million | ▲ +120.8% |
| 2002 | 0.36x | $827.96 Million | $300.04 Million | ▼ -12.3% |
| 2001 | 0.41x | $793.75 Million | $327.94 Million | ▲ +0.4% |
| 2000 | 0.41x | $817.56 Million | $336.50 Million | ▼ -68.2% |
| 1999 | 1.29x | $289.90 Million | $375.30 Million | ▼ -38.6% |
| 1998 | 2.11x | $171.70 Million | $361.90 Million | ▲ +70.2% |
| 1997 | 1.24x | $184.00 Million | $227.80 Million | ▲ +258.0% |
| 1996 | 0.35x | $245.20 Million | $84.80 Million | ▲ +5.9% |
| 1995 | 0.33x | $114.50 Million | $37.40 Million | ▼ -53.2% |
| 1994 | 0.70x | $94.50 Million | $66.00 Million | ▼ -96.1% |
| 1992 | 17.97x | $12.30 Million | $221.00 Million | ▲ +806.8% |
| 1991 | 1.98x | $21.50 Million | $42.60 Million | ▲ +25.7% |
| 1989 | 1.58x | $12.50 Million | $19.70 Million | — |