MGM Resorts International (MGM) — Cash Flow Quality Index

Latest as of March 2026: 3.25x

MGM Resorts International (MGM) has a Cash Flow Quality Index of 3.25x as of March 2026. Operating cash flow of $567.79 Million exceeds net income of $174.79 Million, indicating high earnings quality where cash backs reported profits. Explore MGM Resorts International debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.25x
Operating CF / Net Income

Operating Cash Flow

$567.79 Million
USD

Net Income

$174.79 Million
USD

Data as of

Mar 2026
Most recent filing

MGM Resorts International Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for MGM Resorts International across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of MGM Resorts International.

Annual Cash Flow Quality Index for MGM Resorts International (1989–2025)

Year-by-year earnings quality comparison for MGM Resorts International.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 12.96x $2.74 Billion $211.09 Million ▲ +484.2%
2024 2.22x $2.36 Billion $1.06 Billion ▼ -5.9%
2023 2.36x $2.70 Billion $1.14 Billion ▲ +92.4%
2022 1.23x $1.77 Billion $1.44 Billion ▲ +7.9%
2021 1.14x $1.37 Billion $1.21 Billion ▲ +39.0%
2019 0.82x $1.81 Billion $2.21 Billion ▼ -72.3%
2018 2.95x $1.72 Billion $583.89 Million ▲ +179.2%
2017 1.06x $2.21 Billion $2.09 Billion ▼ -14.8%
2016 1.24x $1.53 Billion $1.24 Billion ▼ -86.1%
2014 8.89x $1.13 Billion $127.18 Million ▼ -61.7%
2013 23.19x $1.31 Billion $56.50 Million ▲ +11013.2%
2011 0.21x $675.13 Million $3.23 Billion ▼ -66.7%
2007 0.63x $994.42 Million $1.58 Billion ▼ -66.6%
2006 1.88x $1.22 Billion $648.26 Million ▼ -29.6%
2005 2.67x $1.18 Billion $443.26 Million ▲ +32.7%
2004 2.01x $829.25 Million $412.33 Million ▼ -28.7%
2003 2.82x $687.74 Million $243.70 Million ▼ -0.3%
2002 2.83x $827.96 Million $292.44 Million ▼ -39.4%
2001 4.67x $793.75 Million $169.81 Million ▼ -5.0%
2000 4.92x $817.56 Million $166.16 Million ▲ +61.4%
1999 3.05x $289.90 Million $95.10 Million ▲ +22.3%
1998 2.49x $171.70 Million $68.90 Million ▲ +56.2%
1997 1.60x $184.00 Million $115.30 Million ▼ -51.5%
1996 3.29x $245.20 Million $74.50 Million ▲ +34.0%
1995 2.46x $114.50 Million $46.60 Million ▲ +93.7%
1994 1.27x $94.50 Million $74.50 Million ▲ +159.8%
1989 0.49x $12.50 Million $25.60 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.